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Russian oil trade: Discounts soften impact of losing sanctioned barrels
US sanctions on Rosneft and Lukoil are impacting Indian refiners less than anticipated, as wider discounts on Russian crude offset expected volume drops. Refiners are sourcing from non-sanctioned suppliers, with increased discounts nearly compensating for reduced Russian cargo intake. This shift, coupled with a well-supplied global market, keeps procurement costs stable. Source link
'Will resolve issue': Kharge to discuss Kar'nataka' with Sonia, Rahul; DKS says 'no confusion'
'Will resolve issue': Kharge to discuss Kar'nataka' with Sonia, Rahul; DKS says 'no confusion' Source link
Near record highs again: Why Nifty-Sensex created Rs 4 lakh crore wealth in a day
Indian stock markets are nearing record highs. A significant surge in investor wealth occurred on Wednesday. This rally is fueled by hopes of interest rate cuts in India and abroad. Global market optimism and declining crude oil prices are also contributing factors. Foreign investors are returning as buyers. Corporate earnings are showing signs of recovery, […]
'Blame starts with me': Gambhir faces heat after 2-0 whitewash; highlights past successes
Head coach Gautam Gambhir accepted blame for India’s Test series defeat, acknowledging the team’s collapse against South Africa. While admitting collective failure, he highlighted past successes and stated his future rests with the BCCI. Gambhir defended his selection strategy, emphasising tough characters over flair for Test cricket. Source link
US fiscal strain: Deficit jumps to $284 billion despite record tariffs
The U.S. started the fiscal year with a $284 billion deficit in October, influenced by record tariff revenue and a shift in benefit payments. Despite a federal shutdown’s minor impact, outlays rose 18% due to reclassified payments. Interest costs also climbed significantly, while tariff collections surged to a new high. Source link
Markram smashes world record in Guwahati, surpasses Rahane's feat
South African star Aiden Markram has achieved a historic feat in Test cricket, becoming the first outfielder to take nine catches in a single match. His exceptional performance in Guwahati surpassed Ajinkya Rahane’s previous record of eight. Markram’s incredible display, spread across both innings, has rewritten the record books for fielding excellence. Source link
Significant risk to Uri hydro plant: How CISF thwarted Pakistan retaliation during Op Sindoor
CISF personnel displayed extraordinary courage, foiling a Pakistani retaliation that put the Uri hydroelectric plant under risk and nearby residents amidst intense shelling. Their swift actions led to the safe evacuation of 250 civilians and secured critical national assets. Nineteen CISF members were honored for their bravery during this high-risk operation following India’s retaliatory ‘Operation […]
'Every action of ours should strengthen national goals': PM on Constitution Day
Prime Minister Modi urged citizens to prioritise constitutional duties for a robust democracy, emphasising voting as a key responsibility. He suggested schools honour first-time voters, linking duties to national progress. PM Modi also paid tribute to Sardar Patel and Bhagwan Birsa Munda, highlighting their contributions to India’s unity and tribal empowerment. Source link
National level basketball player dies after pole collapses during practice in Haryana
A 16-year-old national-level basketball player, Hitesh Rathi, tragically died in Rohtak when an unstable iron basketball pole collapsed on him during practice. He was attempting to hang from the hoop when the structure buckled. The Haryana Olympic Association has suspended all state sports events for three days in his honor, and an investigation is underway. […]
Has Smriti Mandhana unfollowed Palash Muchhal on social media? Fact-check
Social media rumors of Smriti Mandhana unfollowing her fiancĂ© Palash Muchhal are incorrect, with their wedding postponed due to simultaneous family medical emergencies. Mandhana’s father experienced heart-attack-like symptoms, followed by Muchhal’s own health complications, leading to an indefinite delay as both families prioritise recovery. Source link