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Delhi Court Remands Former Reliance Anil Ambani Group MD To 14 Days In Judicial Custody
On June 14, the court had granted six days' ED custody of Seth.
Nifty Outlook for June 19: Reliance, IT stocks hold key for Friday's trade
Heading into Friday's session, IT stocks will remain in focus after Accenture shares plunged 19% in their biggest one-day decline on record. The selloff came after Accenture trimmed the upper end of its annual revenue growth forecast on June 18. Following the development, Infosys ADRs fell nearly 8%, while Wipro ADRs declined about 4%.
US stock market today: Wall Street rebounds as oil slides after US-Iran deal; S&P 500, Nasdaq rise over 1 - The Times of India
US stock market today: Wall Street rebounds as oil slides after US-Iran deal; S&P 500, Nasdaq rise over 1The Times of India
India will be the biggest driver of global oil demand for the next 25 years: OPEC
India is expected to add 8.1 million barrels per day of oil demand between 2025 and 2050—the highest increase globally—as rising incomes, industrialisation and transport needs outweigh the rapid expansion of renewable energy, according to OPEC's latest long-term outlook.
India's thermal coal imports sink to a 4-year low as green energy reshapes demand
India's thermal coal imports have reached a four-year low. This decline is attributed to higher domestic coal output and a significant rise in renewable energy generation. The country is actively reducing its dependence on imported coal for power. Increased local production and growing green energy sources are reshaping India's energy landscape.
Bharti Airtel's Rahul Vatts named COAI Chairperson for 2026-27
Rahul Vatts of Bharti Airtel will lead COAI as Chairperson for 2026-27. Ravi Gandhi of Reliance Jio will be Vice-Chairperson. The announcement came after COAI's Annual General Body Meeting. The telecom industry body reviewed sector developments and discussed future priorities. This leadership change marks a new phase for strengthening India's digital communications ecosystem.
Reliance AGM 2026 Preview: New energy push, Jio Platforms listing roadmap and capex strategy in focus
Reliance Industries' AGM on June 19 is expected to offer fresh insights into the conglomerate's next growth engines, with investors awaiting updates on its solar and battery projects, progress towards the Jio Platforms listing and the group's evolving capital allocation strategy.
Bank Of England Holds Rates In 7-2 Vote As Oil Outlook Improves
The Bank of England.
US stock market today: S&P 500, Nasdaq futures recover as investors digest hawkish Fed signals; crude extends fall
US stock futures point to a positive Wall Street start after a previous sell-off. Fed officials signal potential interest rate hikes amid inflation concerns. Oil prices decline with an interim US-Iran agreement, raising market optimism.
India’s thermal coal imports drop to 4-year low on local output - Investing.com
India’s thermal coal imports drop to 4-year low on local outputInvesting.com
HPCL's Rajasthan refinery restarts key crude unit after April fire
Hindustan Petroleum Corp Ltd's joint venture refinery in Rajasthan has restarted its crude distillation unit after a fire in April. This restart allows for a phased ramp-up of fuel production. Key products like diesel, LPG, and petcoke are already being produced. Petrol production is expected next week. The refinery is a significant project for India's energy sector.
Duty tweaking required to boost domestic aluminium-based manufacturing: GTRI
India's aluminium sector faces policy distortions. A think tank proposes removing import duties on raw aluminium and adding export duties on the metal. This aims to encourage domestic production of higher-value aluminium products. The goal is to reduce reliance on imported finished goods and boost manufacturing competitiveness. This shift could create jobs and enhance exports.