New Delhi: India’s liquefied petroleum gas (LPG) imports from the United States (US) surged to a record high in July, with the country supplying 0.91 million tonnes (mt), accounting for more than 73 per cent of total imports, according to data from maritime intelligence firm Kpler. India has ramped up LPG imports from the US…
New Delhi: Prime Minister Narendra Modi on Friday appealed for restraint and forgiveness after abusive slogans directed at him during student protests over alleged paper leaks at Delhi’s Jantar Mantar led to a police case against a 25-year-old woman, saying that “abuses never solve anything” and urging society to guide, rather than punish, those who…
There is a particular kind of frustration every serious investor eventually meets. The price-to-earnings ratio looks reasonable, the balance sheet is clean, the discounted cash flow model says the stock is undervalued, and the market still refuses to cooperate. Sentiment turns sour for no visible reason, volatility spikes without a headline to explain it, and the usual…
Shrikant Rao With industry players preparing to appear at bauma CONEXPO INDIA 2026, the timing is right to look at what Swedish truckmaker Scania is really trying to do in India. The country is selling heavy trucks again in serious numbers, but Scania is not behaving like a company preparing to chase every one of…
New Delhi: Petrol blended with 20 per cent ethanol (E20) can reduce fuel economy by 2 to 6 per cent depending on the vehicle category and vintage, Road Transport and Highways Minister Nitin Gadkari informed Parliament on Thursday. The Union Minister, however, argued that tests for engine durability on a dynamometer and on-road vehicle tests…
Special Correspondent The simmering factionalism within the Hyderabad Cricket Association (HCA) has once again come to the fore, with the Acting President’s reported move to convene an Annual General Meeting (AGM) triggering a fierce debate among stakeholders over its timing, intent, legality and implications. What was initially seen as an attempt to address several long-pending…
The Guru Was Also Once a Scared Investor Every financial guru you follow today was, at some point, a frightened human being watching their portfolio (or their client’s) get destroyed. That moment never fully leaves them. It becomes the lens through which they see every market that follows, and it explains far more about their…
Mumbai: The Board of HDFC Bank has decided to issue warning letters and impose a monetary penalty of Rs 1 lakh each on Managing Director & CEO Sashidhar Jagdishan, the Chief Financial Officer, and the Group Head of Retail Assets in connection with the mobilisation of deposits from the Maharashtra State Road Development Corporation (MSRDC)…
A wave of the world’s best-selling drugs is about to lose patent protection. When that happens, cheaper copies (generics and biosimilars) flood in, prices crash, and someone has to manufacture all those cheaper copies. That “someone” is very often an Indian company. This is called a patent cliff. It has happened before, but the one…
New Delhi: Union Minister Pralhad Joshi has been given additional charge of the Ministry of Education, following the resignation of Dharmendra Pradhan amid protests over exam paper leaks. The President’s office, after accepting Pradhan’s resignation, confirmed Joshi’s appointment in a communique this evening. Joshi is currently Union Minister of Food and Consumer Affairs. Pradhan, 57,…
