With waiver lapsing, flows are likely to remain broadly stable, although they could ease modestly from March levels. (AI image) The Donald Trump administration may have allowed the sanctions waiver on Russian crude to expire on May 16, but India has made it clear that it will continue to procure oil from Moscow. The sanctions…
NEW DELHI: Indian men’s cricket team are set to tour Sri Lanka for a two-Test series in the second half of August this year as part of the ongoing ICC World Test Championship (WTC) cycle, Cricbuzz reported on Monday.The exact dates for the series have not yet been finalised, but Cricbuzz cited sources in Sri…
Ravi Shashtri sends Chepauk crowd into frenzy (Screengrab) NEW DELHI: The atmosphere at Chepauk turned electric even before the first ball of the high-stakes IPL 2026 clash between Chennai Super Kings and Sunrisers Hyderabad was bowled, thanks to a classic moment involving former India coach Ravi Shastri and MS Dhoni.During the toss on Monday, Shastri…
The Reserve Bank of India (RBI) on Monday decided against activating the countercyclical capital buffer (CCyB), indicating that current financial and credit conditions do not warrant an additional capital requirement for banks, PTI reported.The central bank said the decision followed a review and empirical assessment of indicators used under the CCyB framework.“Based on review and…
Mumbai: IPO-bound Muthoot Fincorp sees increased duty on gold adding to loan growth as higher prices post the hike expand borrowing headroom, even as the company has begun tracking end-use of loans from April in line with Reserve Bank of India norms and finds that a majority 70% are for productive purposes rather than consumption.Explaining…
A verbal exchange between Shan Masood and Mushfiqur Rahim added more tension to the second Test between Bangladesh and Pakistan in Sylhet on Monday, as the hosts moved closer to a possible series sweep.The incident took place before the start of the 79th over of Bangladesh’s second innings on Day 3 at the Sylhet International…
Aravindh Chithambaram (second from left) NEW DELHI: Indian Grandmaster Aravindh Chithambaram became the first Indian player to qualify for the Chess main event at the Esports World Cup (EWC) 2026 after winning the Road to EWC qualifier at DreamHack Atlanta.The 26-year-old produced a composed display in the high-pressure rapid format, where matches consisted of two…
India’s export diversification strategy gained momentum in FY26, with ships, boats, telecom instruments, pulses, marine products, graphite and explosives emerging as key growth drivers as exporters entered new markets and added fresh product-country combinations, according to an ET report.According to an analysis by the commerce department, India expanded its export footprint through 1,821 new principal…
The recent Rs 3 hike in petrol and diesel prices could influence vehicle buying trends in India, with rising running costs expected to push more buyers towards fuel-efficient options such as hybrids, CNG vehicles and EVs. Fuel prices have historically played a major role in shaping consumer preferences in the Indian automotive market. Over the…
India’s current account deficit (CAD) is likely to widen sharply to 2.3 per cent of GDP in FY27 from 0.9 per cent in FY26 amid elevated oil prices and external sector pressures, according to a report by foreign brokerage HSBC, PTI reported.The report also projected the balance of payments (BoP) deficit to widen to $65…
