India crude processing falls 8.9% in April; Middle East supply shifts weigh on refiners
India’s crude processing by refiners fell in April as supply disruptions linked to the Middle…
India’s crude processing by refiners fell in April as supply disruptions linked to the Middle East conflict changing crude sourcing patterns and maintenance shutdowns weighed on refinery operations, according to provisional government data reviewed by Reuters.India processed 5.23 million barrels per day (mbpd), or 21.39 million metric tonnes of crude oil in April, down 8.9…
Mumbai: YES Securities (India) Limited, a subsidiary of YES Bank Limited, has been penalised by the National Stock Exchange of India Limited for passing on regulatory penalties to its clients, in violation of market norms laid down by the Securities and Exchange Board of India.The breach relates to margin requirements, where brokers are mandated to…
Savers could see higher returns on bank deposits in the coming months as the cost of certificates of deposit (CDs), which had been viewed as a leading indicator for broader deposit rates, surged sharply in May amid tighter liquidity conditions and stronger demand for funds.One-year CD rates are currently quoting at 7.70 per cent, up…
Virat Kohli’s reaction from the dugout became one of the talking points of the night after Rajat Patidar played a stunning six during Royal Challengers Bengaluru’s Qualifier One clash against Gujarat Titans in the Indian Premier League at Dharamsala on Tuesday.Patidar reached his fifty in 21 balls with a six off Kagiso Rabada in the…
Rajat Patidar (Image credit: BCCI/IPL) NEW DELHI: Rajat Patidar is rapidly cementing his reputation as one of the most dangerous batters in IPL playoff history. The Royal Challengers Bengaluru skipper once again rose to the occasion with a sensational unbeaten 93 off just 33 deliveries against Gujarat Titans in Qualifier 1 of IPL 2026 at…
Michael Faraday (Image: Wikipedia) Some quotes feel heavy the moment you read them. Others seem simple at first and then quietly stay in your mind for longer than expected. This line, often attributed to Michael Faraday, belongs to the second category. It does not sound dramatic. It does not use complicated language. Still, there is…
The makers of the Tamil film Idhayam Murali, starring Atharvaa and Fahadh Faasil, have officially announced the film’s release date. Directed by Aakash Baskaran, the movie is set to hit the big screens on July 10. Makers announce release date on social media The production house took to X (formerly Twitter) to share a new…
NEW DELHI: Passengers onboard an IndiGo Airbus A321neo were evacuated from the aircraft at Bengaluru airport using emergency slides after there was smoke in the cabin while taxiing to the runway to take off for Chennai. The aircraft was on a taxiway when this smoke scare happened. The DGCA is probing this.In a statement, IndiGo…
The rupee weakened by 44 paise to close at 95.70 against the US dollar on Tuesday, pressured by renewed geopolitical tensions in West Asia, rising crude oil prices and a stronger American currency, PTI reported.Forex traders said weak domestic equities also added pressure on the local currency.At the interbank foreign exchange market, the rupee opened…
Actor Manoj Bajpayee on Tuesday reacted to the Federation of Western India Cine Employees’s “non-cooperation directive” against Ranveer Singh, saying that he hopes the matter would be resolved amicably.On Monday, the FWICE said its more than four lakh members would not cooperate with Singh following his last-minute exit from Farhan Akhtar‘s “Don 3”.Asked how the…