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Business

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Business

OMCs to pay discounted rates to refiners amid fuel price freeze

In a primary since fuel price deregulation, state-run oil advertising firms (OMCs) will pay refineries a discounted price for petrol, diesel, aviation turbine fuel (ATF) and kerosene to restrict mounting losses from a self-imposed freeze on retail fuel costs, sources mentioned. The OMCs on March 26 fastened rates for petroleum merchandise which might be at […]

Business

Banks turn to RBI for relief as rising yields strain their G-Sec portfolio

istock.com/scyther5 | Photo Credit: scyther5 Banks have knocked on the Reserve Bank of India’s door, searching for leisure to unfold the provisioning they’ll want to make for the losses incurred by their bond portfolio due to substantial hardening of yields within the fourth quarter (This fall) of FY26. Their ask is that the provisioning for

Business

Iran war starts pinching U.S.; gas prices, transport costs surge

A gasoline worth signal at a gas station throughout a gas giveaway occasion whereby Chicago businessman Willie Wilson has pledged to provide away $200,000 in free gas at 30 stations throughout Chicago, its suburbs, and northwest Indiana, in Chicago, Illinois. | Photo Credit: Reuters The war towards Iran has began to influence Americans, with Amazon

Business

345 Tamil Nadu fishermen return from Iran after war-time rescue

The evacuation was facilitated by the Centre, with logistical and monetary assist guaranteeing their secure return. Authorities additionally organized meals, necessities and transport to their native districts upon arrival. (A consultant picture) | Photo Credit: BALACHANDAR L A complete of 345 Tamil Nadu fishermen who have been stranded in war-torn Iran arrived on the Chennai

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