Business

Issuing such approval to Reliance may accelerate Venezuela’s crude shipments. (AI image) Reliance Industries (RIL) has been granted a general licence by the Donald Trump administration that will allow the company to crude oil directly from Venezuela without breaching any existing sanctions, a Reuters report has said.According to the report, this general licence permits the…

Russia might soon return to the US dollar as the Kremlin is weighing the possibility under a set of economic partnership with the Trump government. According to an internal Russian document cited by Bloomberg, The memo, written this year and circulated among senior officials, identifies seven areas where Moscow believes its interests could align with…

Drawing a practical analogy, the JPMorgan report calls IT firms the ‘plumbers of the technology world’. (AI image) India’s IT sector is witnessing an unprecedented rout with stocks tanking on fears of artificial intelligence making the main roles at technology sector giants redundant. It’s a selloff like never before – but is the situation so…

The Budget 2026 places manufacturing as a strategic and frontier sector for sustaining economic growth. (AI image) By Neetu VinayekIndia’s effort to strengthen its manufacturing foundation has steadily progressed over the past decade through a series of significant policy measures. A major milestone was the launch of the Make in India initiative in 2014, designed…

Budget 2026 also strengthens India’s attractiveness through its broader posture on foreign investment and cross-border financial integration. (AI image) By Radhika Saigal and Manoj MarwahUnion Budget 2026 propels India towards building a stable, scalable and globally competitive financial ecosystem that encourages global financial institutions to evaluate India not only as a growth market but also…

Tech shares continued to trade in red on Friday, extending losses as fears of disruption from artificial intelligence and fading hopes of an early interest rate cut by the US Federal Reserve continued to weigh down investor sentiment. At 9:50 am, the Nifty IT index slumped 4.59%, or 1,520 points, to trade at 31,639, reflecting…

NEW DELHI: SpiceJet on Thursday reported a loss of Rs 269 crore in the three months ended Dec 2025 as higher costs and one-time expenses took a toll on the budget carrier’s bottom line. The airline had a profit of Rs 25 crore in the same period of 2024. Total income declined to Rs 1,523…

Top stocks to buy today (AI image) Stock market recommendations: Bajaj Broking Research recommends buying Tata Power, and Manappuram Finance as the top stocks picks for February 13, 2026 with a 3-month timeframe for target. It also shares its view on Nifty and Bank Nifty: Index View: NIFTY Indian benchmark indices traded within a narrow…

MUMBAI: RBI has proposed sweeping changes to the kisan credit card (KCC) framework, including the use of central bank digital currency or e-Rupee for farm credit, as part of its draft Commercial Banks–Kisan Credit Card Scheme Directions, 2026, aimed at widening access, improving flexibility, and tightening safeguards for small and marginal farmers.Under the draft directions,…

Technology stocks fall: IT stocks dropped over 5 per cent on Thursday, pulling the Nifty IT index close to its lowest level in nearly 10 months as ongoing concerns over artificial intelligence-led disruption and diminishing expectations of an early US Federal Reserve rate cut dented market sentiment.The 10-stock Nifty IT index was the worst-performing sector…