Indian Refiners Cut Russian Crude Purchases As Ukraine Attacks Disrupt Supplies; Turn To West Africa, Americas

Indian refiners are reducing their purchases of Russian crude from recent highs as Ukrainian attacks on Russia’s refineries and Black Sea ports disrupt supplies from the country, India’s largest source of imported oil. With Russian exports under pressure, Indian processors are increasingly looking for alternative crude grades from West Africa, the Americas and Persian Gulf … Read more

Sarma meets Gadkari, discusses restoring Assam’s flood-hit highways

Assam CM Himanta Biswa Sarma held a meeting with Union Minister Nitin Gadkari to discuss the restoration of flood-damaged National Highways and building a more flood-resilient road network using evidence-based planning for infrastructure. Assam Chief Minister Himanta Biswa Sarma on Monday held a detailed meeting with Union Minister for Road Transport and Highways Nitin Gadkari … Read more

India Paid USD 22.5 Billion More For Fossil Fuel Imports Amid Strait Of Hormuz Energy Shock: CREA

Lucknow: India has emerged as the second-largest casualty among major fossil fuel importing countries from the energy price shock triggered by the crisis around the Strait of Hormuz, with the country paying an estimated USD 22.5 billion more for fossil fuel imports between March and August 2026, according to an analysis by the Centre for Research … Read more

Deloitte To Pay $21.5 Million To Settle US Probe Into DEI Practices, Alleged Workplace Discrimination

Accounting and consulting firm Deloitte has agreed to pay $21.5 million to resolve a US government investigation into its diversity, equity and inclusion (DEI) practices. The settlement was announced by the US Department of Justice (DOJ) under its Civil Rights Fraud Initiative, launched in May 2025. The government alleged that Deloitte violated the False Claims … Read more

Gold Import Duty Cut Under Govt Review As Smuggling Concerns Rise: Report

The central government is examining whether import duties on gold and silver should be reduced amid concerns that higher taxes are encouraging imports through unofficial channels, according to sources cited by Moneycontrol. No decision has been taken so far, but officials are assessing whether lower duties could make legal imports more attractive and reduce incentives … Read more

Gold Falls ₹600 To ₹1.66 Lakh After Four-Day Rally, Silver Rebounds ₹500 Amid Profit Booking

New Delhi: Rs 600 to Rs 1,66,500 per 10 grams in Delhi, ending a four-session winning streak as investors booked profits after the recent rally. The precious metal of 99.9 percent purity had settled at Rs 1,67,100 per 10 grams in the previous trading session, according to the All India Sarafa Association. The fall followed … Read more

BofA Tie-Up Will Provide Growth Capital, Technology And Risk Management Expertise: Jio Financial Services

Mumbai, August 26, 2026: Jio Financial Services Managing Director Hitesh Sethia on Wednesday said the tie-up with Bank of America (BofA) will provide access to the US-headquartered partner’s technology, governance and risk management practices. Addressing shareholders at the company’s third annual general meeting, which comes within a fortnight of Reliance Industries’ financial services arm announcing a … Read more