Business

New Delhi: The government Saturday said that it has allowed another 20 per cent allocation of commercial LPG to states and Union Territories (UTs), which would take the overall allocation to 50 per cent (including 10 per cent allocation based on ease of doing business...

New Delhi: Gold prices dipped 5.89 per cent during the week, over successive sessions of profit booking and a stronger dollar. On Friday, MCX gold April futures added 0.23 per cent while MCX silver May futures declined 1.72 per cent. Currently, gold futures stand at...

Washington: The United States has announced the temporary lifting of sanctions on the sale of Iranian oil stranded at sea in an effort to cool down soaring global crude prices. US Treasury Secretary Scott Bessent said the temporary measure will make available 140 million barrels...

New Delhi: The price of premium or higher-grade petrol price Friday was increased by Rs 2 per litre while the rate of bulk diesel sold to industrial users was hiked by about Rs 22 a litre, reflecting the spike in global oil prices amid conflict...

New Delhi: Food delivery platform Zomato has increased the platform fee by 19.2 per cent or Rs 2.40 per order, according to the latest billing details available on its app Friday. On a pre-GST basis, the platform fee now stands at Rs 14.90 per order,...

New Delhi: E-commerce major Flipkart Friday said its Group Chief Financial Officer (CFO) Sriram Venkataraman will be stepping down from his role. Venkataraman will remain with the company "for a period of time" to ensure continuity and a smooth transition, a company statement said. During...

Mumbai: Global oil prices traded lower Friday after the US signalled a possible easing of sanctions on Iranian crude, as efforts intensified to secure shipping through the Strait of Hormuz. Brent crude futures fell as much as 3.39 per cent to an intra-day low of...

New Delhi: Amid concerns over LPG shortage, the government Thursday said that India is diversifying LPG procurement and buying liquefied petroleum gas from the US as well to plug the supply chain disruptions caused by the Middle East conflict. Addressing the daily briefing, Petroleum and...

Mumbai: Indian stock markets witnessed a sharp fall Thursday over rising global tensions and a sudden spike in oil prices, as the ongoing conflict involving the US, Israel and Iran disrupted key energy infrastructure. The benchmark indices, Nifty and Sensex, ended the session with steep...

Bangkok: Global oil and natural gas prices soared Thursday after Iran attacked a key natural gas facility in Qatar that can supply one-fifth of the world's gas, as well as two oil refineries in Kuwait. The attacks added to fears the energy crisis triggered by...