Compensation for oil companies if changes in law shave off $5 mn in earnings a year
This move aims to boost investment in exploration. The rules follow amendments to the Oilfields Act.
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RBI may effect cumulative rate cut of 125-150 bps in FY26, says SBI study
Reserve Bank of India might slash key interest rates by 125-150 basis points. This action is expected due to low inflation. State Bank of India suggests a large 50 bps cut for better impact. Inflation hit a 67-month low in…
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US Federal Reserve likely to defy President Trump, keep rates unchanged this week
Despite pressure from President Trump to cut interest rates, the Federal Reserve is expected to hold steady, influenced by concerns over inflation and the potential impact of tariffs. Fed officials are wary after past misjudgments on inflation, preferring to wait…
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Donald Trump hints at some trade deals as early as this week, sparking hopes for India
US President Donald Trump hinted at possible trade agreements with nations as early as this week to sidestep higher US import taxes. Discussions are ongoing with several countries, with Trump holding the final decision-making power. India is in talks with…
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Maruti Suzuki market share dips below 40% in April
The Indian car market witnesses a shift in April 2025. Maruti Suzuki’s market share declined below 40 per cent. Mahindra & Mahindra became the second largest player due to strong SUV sales. Hyundai Motor India slipped to fourth position. Tata…
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Mahindra aims to roll out 1.2 lakh more vehicles a year from new Chakan platform
Mahindra & Mahindra (M&M) announced a new platform capacity of 120,000 units per year at its Chakan facility in Maharashtra, along with a 3,000-unit increase for the XUV3XO and Thar Roxx in FY26. The company also plans to establish a…
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