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Why India's first hydrogen train is special - explained
With the launch of a hydrogen train, India has undoubtedly taken a big leap in the sphere of greener transportation.India’s first hydrogen-powered train has 10 coaches, with the capacity to carry 2,600 passengers. It will run between Jind and Sonipat in Haryana. -
Brent crude tops $92, WTI above $85 as Hormuz tensions threaten global supplies
Crude oil prices extended their rally as Middle East tensions escalated.Brent crude held above ninety dollars a barrel amid supply disruption fears.Houthi threats affected shipping activity in the Red Sea region.Military actions continued overnight impacting energy shipping routes.Global food insecurity risks also increased due to these disruptions. -
USTR hints at 'action' ahead of tariff expiry
Section 301 Levies May Cover 99% Of US Trade | New Tariffs On Canada & Brazil -
India's growth remains strong, but trade barriers threaten 2047 goal: WTO
India's strong economic growth continues, but structural reforms are needed for developed nation status. High trade costs and regulatory complexity present significant challenges to global integration. The World Trade Organization report notes progress in trade facilitation and financial inclusion. India is actively pursuing free trade agreements to boost its export strategy. Achieving a larger share of global exports requires balancing self-reliance with greater openness. -
Russia, Latin American suppliers to rescue: India’s Middle East oil imports dip in April-June on Hormuz disruptions
India stepped up imports from Moscow once Washington granted a temporary waiver, helping offset reduced supplies from Gulf producers caused by the disruption of traffic through the strategically important Strait of Hormuz. -
Donald Trump's tariff tornado returns as India deal stalls
Donald Trump plans to impose new tariffs on many countries, including India. These tariffs will affect global trade and financial markets significantly. India's trade deal negotiations with the US face potential complications. The US administration cites unfair trade practices and forced labor concerns. This move escalates trade tensions and impacts international commerce. -
US stock market today: AI stocks extend rally; Brent crude prices go above $90
Following a prolonged surge fuelled by heavy investment in AI chips and data centres, these stocks have faced selling pressure in recent weeks amid concerns that valuations had become stretched. -
Strait of Hormuz disruptions: Two state-run refiners cancel plans to lift Iraqi oil amid renewed US-Iran tensions
Before the conflict escalated, the Strait of Hormuz, located between Iran and Oman, served as the principal transit route for nearly one-fifth of the world's energy supplies. -
The future of flying? US speeds up plans for air taxis, supersonic planes and drones
The FAA is updating aviation rules to encourage new technologies.It supports air taxis and supersonic passenger flights with new regulations.Pilot programs are preparing for the safe integration of electric air taxis.Companies are developing charging infrastructure for electric aircraft operations.The agency also aims to expand drone use and commercial space launches. -
Another oil shock loading for India? How Red Sea route disruptions may hit not only Saudi, but also Russian crude supply
Iran-backed Yemeni group, the Houthis, have threatened a maritime blockade on Saudi Arabia. What this essentially means is that Saudi Arabia’s crude oil exports are set to be hit. And India which gets a big portion of its crude imports from the Middle East country. -
Does money buy happiness? What India's spending power reveals about how we live
Indian households now spend more on experiences and lifestyle choices.Average monthly spending has risen across both rural and urban areas.Food now constitutes a smaller portion of household expenditure.Easy credit options enable more accessible purchases and lifestyle upgrades.Despite increased spending, financial security remains a significant concern for many. -
SBI Funds Management listing makes some employees crorepatis; stock debuts at 7% premium to IPO price
SBI Funds Management made a strong debut on Dalal Street today, listing at a premium of around 7% over its IPO price. The stock opened at Rs 610 on the BSE, which is a gain of 6.27% from the issue price of Rs 574, while it listed at Rs 613.30 on the NSE. -
New warning on oil: Goldman Sachs says crude prices could cross $120 if Strait of Hormuz disruptions continue
In a note dated July 20, Goldman Sachs analysts said, “Escalation in the Middle East and the decline in estimated Persian Gulf flows to below 45% of pre-war levels have pushed oil prices back up.” -
Gold price prediction today: Why are gold prices under pressure? Check July 21, 2026 outlook
Gold price prediction today: Gold prices continue to be under pressure and downside risks remain, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. -
'Direct violation': Canada vows to protect workers after Trump slaps 50% tariffs on select goods
Canadian Prime Minister Carney stated new US tariffs violate the CUSMA trade agreement.He affirmed continued government support for Canadian workers and businesses.These tariffs target Canadian exports like vehicles and dairy products.Canada has proposed detailed solutions and remains open to negotiations.The nation will take necessary measures to strengthen its domestic economy. -
NSE’s Ahimsa index targets cruelty-free investing
NSE Indices has launched the Nifty 500 Ahimsa Index for investors. This new gauge includes companies that do not harm animals in their business. The index aligns with non-violence principles and excludes certain firms. It aims to redirect capital towards compassionate and cruelty-free investing. This initiative offers ethical investors clearer alternatives for their portfolios. -
Ex-tech execs’ startups find favour with VCs, says report
Startups founded by former tech professionals are attracting venture capital investment. These operator-led ventures, though few, are securing a growing share of funding. They consistently receive larger funding rounds and higher valuations compared to others. Experienced founders bring valuable company-building skills and execution focus to their new companies. This trend indicates a shift in investor confidence towards seasoned industry professionals. -
Hyundai lays groundwork for mass-market EV launch
Hyundai Motor India is expanding charging infrastructure and component localization.The company plans to launch its first mass-market electric SUV this fiscal year.This move targets the affordable, sub-Rs 15 lakh segment of the EV market.Hyundai has previously focused on premium electric vehicle offerings in India.The new SUV launch will precede the CAFE III emission norms implementation. -
Stocks, rupee slide as oil spike fuels pressure
Indian markets closed lower as fluctuating crude prices and global risk-off cues weighed. Banking stocks led the decline after mixed earnings reports from major lenders. The rupee weakened against the dollar due to rising oil prices and geopolitical tensions. Crude prices rose to a one-month high amid fears of supply disruption. Geopolitical tensions in West Asia are expected to persist in the near term. -
Monetisation of assets helps NHAI pare debt
The National Highways Authority of India has prepaid over Rs 1.2 lakh crore in loans.This accelerated asset monetisation has reduced its overall debt significantly.The authority has not borrowed directly from the market since 2022.Asset monetisation hit a record high of Rs 41,079 crore in the last fiscal year.NHAI aims to raise Rs 30,000 crore from monetising projects this year. -
No move to scrap LTCG tax on equities: Govt
The government has informed Parliament about no current plans to abolish long-term capital gains tax on equities. Tax policies are revised periodically as part of the annual budgetary process and legislative revisions. This statement addresses investor demands for changes in long-term capital gains tax rates. The minister clarified that tax rates for domestic and overseas investors in equities are the same. -
Not referring cases to internal ombudsman a concern: RBI
RBI deputy governor Swaminathan J expressed concern over banks bypassing internal ombudsman. He stated that many customer grievances resolved by the RBI ombudsman were never referred internally. This situation undermines the purpose of the internal ombudsman framework, he noted. Banks must refer all eligible complaints promptly and without exception to their internal ombudsmen. Effective internal ombudsman performance should naturally reduce external escalations and provide customer resolutions. -
IndiGo places over 1,000 engines’ order for A320s
IndiGo has placed a record order for over one thousand engines. This significant deal is for their 510 Airbus A320neo family aircraft. CFM International will supply the LEAP-1A engines and establish an MRO facility. Honeywell Aerospace will also provide avionics and power systems for these planes. IndiGo plans to double its fleet by the year 2030. -
Inflow boost: Foreign deposits, swaps draw $21bn in 40 days
Sources undisclosed, mop-up so far 2X speculated amount -
E20 petrol debate: Govt cites data for 23 crore vehicles, says 'no verified evidence' of widespread engine failure
Minister of State for Petroleum and Natural Gas Suresh Gopi said the shift to E20 fuel has been "phased, calibrated and evidence-based," noting that the ethanol blending rate was gradually raised from 1.53 per cent in 2013-14 to 20 per cent in 2025-26 following "scientific evaluation and stakeholder consultations at every stage." -
India's forex boost: RBI's swap scheme raises $20.72 billion so far
The Reserve Bank of India's special swap facility attracted $20.72 billion by July 17.Most of this money arrived through Foreign Currency Non-Resident deposits.Overseas Foreign Currency Borrowings and External Commercial Borrowings also contributed to inflows.This facility was launched to strengthen India's balance of payments and encourage capital.Banks anticipate a significant rise in FCNR(B) deposits before the September deadline. -
Coca-Cola adds fizz to India's IPO plans, appoints JPMorgan & Citi as bankers
Coca-Cola's Indian bottling unit IPO plans are advancing. JPMorgan and Citi have been appointed to manage the proposed 2027 listing. The company is also exploring the sale of a portion of its stake. This move aligns with Coca-Cola's global asset-light strategy. Hindustan Coca-Cola Beverages is a leading player in India's soft drinks market. -
Coca-Cola adds fizz to India bottling unit IPO plan, appoints JPMorgan & Citi as bankers
Coca-Cola's Indian bottling unit IPO plans are advancing. JPMorgan and Citi have been appointed to manage the proposed 2027 listing. The company is also exploring the sale of a portion of its stake. This move aligns with Coca-Cola's global asset-light strategy. Hindustan Coca-Cola Beverages is a leading player in India's soft drinks market. -
Fresh threat to global oil supply: Saudi Arabia’s crude exports at risk as Yemen’s Houthis look to impose maritime blockade
Relations between Saudi Arabia and the Houthis have deteriorated since last week after Riyadh carried out an attack on Sana'a airport. Any disruption to Red Sea shipments, currently the primary route for Saudi Arabia's crude exports, would further intensify the impact of the conflict on global oil trade. -
Hormuz disruptions: India’s crude oil imports from Russia remain near all-time high in July despite no sanctions waiver from US
Industry experts say India's crude procurement pattern during the US-Iran conflict reflects a flexible and well-diversified sourcing strategy. India’s crude oil imports from Russia in July so far have averaged at around 2.45 million barrels per day.
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