Business

Earnings per share for S&P 500 companies are on course to be 50% higher than a year ago US stock market today: Wall Street benchmarks traded in a narrow range on Monday, with the market remaining close to record levels, while crude oil prices rose amid continued uncertainty over when the Strait of Hormuz would…

Beijing increasingly controls the marginal barrel of demand – whether it is purchased, stored, released or withheld. For half a century, the global oil market has revolved around two centres of power. The Gulf, led by Saudi Arabia, controlled spare production capacity. The US supplied military protection and financial muscle to Gulf oil. Together, Washington…

ONGC, Shell Energy India set to explore deepwater blocks, LNG sourcing opportunities Oil and Natural Gas Corp (ONGC) and Shell Energy India Private Ltd have signed a non-binding MoU to explore joint opportunities in deepwater and ultra-deepwater oil and gas exploration. The two companies will also look at opportunities for LNG sourcing, ONGC said on…

Govt said the wider sourcing network is aimed at reducing India’s dependence on any single country, region or transit route. India has sharply widened its energy import base, sourcing liquefied natural gas (LNG) from 15 countries, up from six, and crude oil from 41 countries, compared with 27 earlier, as per govt’s statement to Rajya…

CCEA is a high-level committee headed by PM Modi. The government is considering a proposal to raise the threshold for foreign direct investment proposals requiring approval from the Cabinet Committee on Economic Affairs (CCEA) to Rs 15,000 crore from Rs 5,000 crore at present to further improve the country’s investment climate, according to sources. CCEA…

Citing an example, it said a typical firm operating in India currently navigates an archaic and disconnected web of regulations consisting of 1,536 distinct Acts, which collectively impose 69,233 separate compliance requirements and mandate 6,618 independent statutory filings across the three tiers of govt. NEW DELHI: Stakeholders have informed a parliamentary committee that despite multi-phased…

The tax-filing portal will show whether the refund is under processing, issued, or adjusted against an outstanding tax demand. ITR filing FY 2025-26: Filed your income tax return within the July 31, 2026 deadline? Are you eligible for an income tax refund? If you are wondering when your tax refund will be credited in your…

In his message to shareholders in the company’s annual report for 2025-26, the veteran industry leader also requested all political parties to support reforms and programmes NEW DELHI: Maruti Suzuki India chairman RC Bhargava has urged the Centre and state govts to proceed faster on the road of reforms and increase efforts to make doing…

Stock market recommendations: AIA Engineering, and Cochin Shipyard are the top stocks to buy identified by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities for August 10, 2026 week. The expert has also shared a technical view on Nifty50 and Bank Nifty for the coming days: Stock recommendations: AIA EngineeringAIAENG has given a…

Rupee trades in red on Monday Rupee began the week on a negative note, weakening 8 paise to 95.25 against the US dollar in early trade as a firmer greenback and higher global crude oil prices put pressure on the currency.The fall was limited by foreign institutional investor (FII) inflows and the country’s stronger foreign…