Business
Oil Giants’ Record Profits Spark Renewed Calls for Windfall Taxes
Record profits for oil companies are reviving debates over temporary windfall taxes to help consumers and fund energy transitions.
Category: International
Infrastructure
Reliance Retail Ventures Acquires Priyanka Chopra’s Haircare Brand Anomaly
Reliance Retail acquires Priyanka Chopra Jonas's haircare brand Anomaly to expand its beauty portfolio and scale the vegan label globally.
International
Iran Submits New Peace Proposal to U.S. Amid Strained Relations
Iran has submitted a new peace proposal to the U.S., details of which are undisclosed, following previous U.S. dissatisfaction.
Business
Fuel Prices Poised for Increase as Global Oil Costs Surge
Government sources indicate a potential rise in petrol and diesel prices due to mounting losses from a four-year retail rate freeze amid soaring global oil costs.
Business
Saudi Arabia Reassesses Lavish Spending Amid Financial Headwinds
Saudi Arabia is reportedly scaling back its lavish spending, particularly in sports, amid financial concerns, signaling a strategic shift.
International
Myanmar Junta Moves Suu Kyi to ‘Designated Residence’ Amid Legitimacy Push
Myanmar's junta moves Aung San Suu Kyi to a 'designated residence,' a move seen as a bid for legitimacy amid ongoing brutal rule.
Business
Global Central Banks Accelerate Gold Purchases Amid Rising Geopolitical Risks
Central banks are increasing gold reserves due to rising geopolitical risks and a need for stable assets.
Business
Commercial LPG Prices Surge by Rs 993, Hitting Record Highs Amid Global Tensions
Commercial LPG prices have surged by a record Rs 993 per cylinder, reaching Rs 3,071.5 in Delhi due to rising global energy costs.
Business
Fuel Prices Stable for Consumers as Oil Companies Absorb Global Rises
Oil companies absorb global fuel price rises, keeping petrol, diesel, LPG, and domestic ATF steady for consumers.
Business
India Slashes Windfall Tax on Fuel Exports Amid Shifting Global Oil Dynamics
India has cut windfall tax on diesel exports to Rs 23/litre and ATF to Rs 33/litre, effective May 1.