IEA’s Birol does not expect energy markets to return to pre-war levels in 2027 With oil prices edging towards $120 a barrel and winter adding to concerns over fuel supplies, the global energy crisis could outlast the Iran war itself.International Energy Agency (IEA) executive director Fatih Birol has warned that energy markets are unlikely to…
Vande Bharat Sleeper train NEW DELHI: Indian Railways is set to expand its premium overnight train network with two new Vande Bharat Sleeper services connecting Mumbai and Bengaluru, and Varanasi and New Delhi. The Bengaluru-Mumbai service is scheduled to be inaugurated on October 31, followed by the Varanasi-New Delhi service on November 1.The two services…
At the upper end of this range, the IPO values Jio Platforms at approximately $108 billion. The allotment of Jio Platforms’ Rs 30,213-crore initial public offering (IPO) is expected to be finalised on Monday, following a record-breaking response from investors.Applicants can check their allotment status through the website of the issue’s registrar, KFin Technologies, or…
NEW DELHI: Gold and silver are expected to face fresh headwinds this week as surging crude oil prices revive inflation concerns, while US Federal Reserve’s policy decision could determine whether bullion rates stabilise or extend their downward trend, analysts said.The precious metals, already battered by elevated bond yields and a stronger dollar, will look to…
Govt allows registration of flex-fuel vehicles running on 85% to 100% ethanol-blended petrol NEW DELHI: Government on Monday notified a change in Central Motor Vehicles Rules, allowing flex-fuel vehicles that can run on upto 100% ethanol blended petrol. This comes barely months before some of the car manufacturers are set to launch their E100 models.An…
Bank holiday on October 26 NEW DELHI: India’s festive calendar continues to bring a series of holidays in October, making it important for bank customers to check the schedule before heading to a branch. On Monday, October 26, banks will remain closed in selected states for Laxmi Puja, Accession Day and Maharishi Valmiki’s birthday.While bank…
Silver prices rose 0.2% to $54 per ounce, bucking the marginal decline in gold as investors assessed the outlook for US interest rates ahead of the Federal Reserve’s policy meeting this week. Among other precious metals, platinum fell 0.1% to $1,549.42 per ounce, while palladium gained 0.4% to $1,047.90. Source link
Crude prcies fall from six month-highs, but trade beyond $100 per barrel Oil prices fell over 1% on Monday after surging to near six-month highs late last week. Despite the decline, prices remained elevated, with Brent crude hovering near $115 per barrel as continued attacks on Saudi Arabia kept concerns over global oil supplies alive.The…
File photo: AI companies are using Indian data centres to serve customers BENGALURU: Global AI companies are using Indian data centres to serve customers overseas, not just local users, as delays in securing power and capacity elsewhere push them to spread their computing infrastructure across countries, operators told TOI.“We are already hosting some customers and…
