The Reserve Bank of India board approved a Rs 2.87 lakh crore dividend for the government. This is a 6.7% increase from the previous year. The central bank also significantly boosted its contingency risk buffer. This higher payout comes as…
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Bank economists have advised the Reserve Bank of India that interest rate increases will be necessary later this financial year. This is to manage the effects of the West Asia conflict and ensure economic stability. Most economists do not expect…
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Generali Central Life Insurance saw its loss widen to Rs 178 crore in FY26 due to strategic investments. Total income rose to Rs 3,577 crore. Individual first-year premiums doubled. Renewal premiums also increased. Gross Written Premium grew 16 per cent.…
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Oil prices saw an increase on Friday. Investors are watching Iran peace talks closely. Conflicting reports are creating uncertainty. Concerns about oil supply persist. The Strait of Hormuz remains a critical point. Disruptions could impact global markets. Developing economies may…
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This surge is due to Indian refiners, like Reliance Industries, buying more of Venezuela’s cost-effective, heavy crude. Overall imports are up, though still below pre-Iran war levels. Supplies from Saudi Arabia have decreased.
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The report elaborated three possible scenarios with different timelines on opening the Strait of Hormuz and the subsequent impact on oil and gas supply, prices, energy demand and the broader global economy.
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