Mumbai, July 27 (IANS) Indian benchmark equity indices snapped their five-session losing streak on Monday, buoyed by a sharp decline in crude oil prices after the United States and Iran paused military strikes, easing concerns over a prolonged geopolitical conflict.The Sensex surged 776.29 points, or 1.02 per cent, to close at 76,835.78, while the Nifty climbed 229.40 points, or 0.96 per cent, to settle at 23,995.95, nearly reclaiming the 24,000 mark.Commenting on Nifty technical outlook, expert…
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Washington, July 26 (IANS) Indian Navy’s sail training ship INS Sudarshini has departed from the US’ Boston, as part of ongoing Lokayan 26, and has now set course for Ponta Delgada, Azores (Portugal). During her stay in the US, INS Sudarshini represented India at the SAIL 250 celebrations and the International Naval Review 250, showcasing India’s rich maritime heritage while strengthening maritime partnerships through professional and cultural engagements, according to the statement released by …
New Delhi, July 26 (IANS) India’s long-term natural gas growth will depend not only on expanding liquefied natural gas (LNG) import capacity but also on accelerating investment in transmission and distribution infrastructure, reforming gas pricing and market regulations, and creating stronger demand from gas-intensive industries, according to a new report by the International Gas Union (IGU).The report said that while India has made significant progress in expanding its LNG regasification termin…
Kolkata, July 25 (IANS) The 135th edition of the Durand Cup got underway at the Vivekananda Yuba Bharati Krirangan in Kolkata on Saturday with a derby match between East Bengal FC and Mohun Bagan Super Giant. The opening ceremony celebrated India’s rich cultural diversity, the martial traditions of the Indian Armed Forces and the vibrant artistic heritage of West Bengal.Among those present were Indranil Khan, Minister of State (Independent Charge), Department of Youth Services and Sports and D…
New Delhi, July 24 (IANS) Global crude oil prices remained elevated on Friday, with trading above the $100-per-barrel mark amid escalating geopolitical tensions in the Gulf, raising concerns over global energy supplies.International benchmark Brent crude rose 0.43 per cent or 44 cents to remain above the $100-a-barrel level, while US West Texas Intermediate (WTI) crude gained 0.69 per cent or 64 cents to $92.83 a barrel.In the domestic market, crude oil futures for August delivery on the Multi C…
Washington, July 23 (IANS) President Donald Trump has claimed his administration had secured more than $19 trillion in new investment commitments for the United States, saying manufacturers from Asia and Europe were shifting production to America as his trade and economic policies reshaped global supply chains. Speaking at a rally in Marietta, Georgia, on Wednesday (local time), Trump portrayed the US economy as entering a “Golden Age”, highlighting new manufacturing projects, pharmaceutical inv…
New Delhi, July 21 (IANS) India’s clean energy growth is like cricketers Sachin Tendulkar and Vaibhav Sooryavanshi, and rolled into one: a stellar record, but the story is just getting started — and “if India keeps doubling down on renewables and clean tech, the next chapters promise to be truly extraordinary”, remarked UN Climate Change Executive Secretary, Simon Stiell, on Tuesday.Saying India has vast economic, commercial and developmental opportunities in doubling down on its shift to…
Mumbai, July 20 (IANS) Domestic equity markets opened lower on Monday, tracking weak global cues and spike in crude oil prices amid escalating tensions in the Middle East kept investors cautious.Sensex fell over 500 points or 0.7 per cent to an intraday low of 77,591 in early trade, while Nifty started the session 144 points or 0.6 per cent lower at 24,190.05.Sectorally, selling pressure was concentrated in financial stocks, with Nifty Private Bank index dropping more than 2 per cent, followed b…
New Delhi, July 16 (IANS) India captain and goalkeeper Gurpreet Singh Sandhu believes a possible expansion of the FIFA World Cup 2026 to 64 teams could improve India’s chances of reaching football’s biggest stage, but stressed that the national team’s immediate focus should remain on climbing the Asian rankings rather than getting carried away by speculation.FIFA president Gianni Infantino recently backed studying a proposal to expand the 2030 FIFA World Cup to 64 teams. While the tournament is …
New Delhi, July 14 (IANS) India’s transition to E20 fuel is part of a broader global shift towards cleaner transportation fuels, with many developed and emerging economies already adopting higher ethanol-blended petrol to reduce carbon emissions, improve energy security and lower dependence on imported crude oil.The rollout of petrol containing 20 per cent ethanol (E20) has sparked public debate in India in recent months, with concerns raised over vehicle compatibility and its broader impact. Ho…