India has sufficient supplies of petrol, diesel, and LPG, and there is no need for panic buying, top oil companies said on Friday, following rising tensions with Pakistan.State-run firms — Indian Oil Corporation (IOC), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) — issued separate statements assuring the public of adequate fuel stocks and normal operations….
India Pakistan tensions, Operation Sindoor impact:Investor wealth took a hit, plunging by Rs 7 lakh crore over the past two sessions, as escalating conflict between India and Pakistan made markets jittery and triggered a selloff. The NSE Nifty dropped 265.80 points, or 1.10 per cent, to settle at 24,008. The BSE Sensex fell for the…
Dr Reddy’s Laboratories on Friday reported a 21 per cent year-on-year rise in consolidated net profit to Rs 1,587 crore for the quarter ended March 2025, buoyed by robust sales across key markets including the US and India.The Hyderabad-basedpharmaceutical firm had posted a net profit of Rs 1,307 crore in the same quarter last year.Revenue…
The recent uptick in Basmati rice prices is driven by increased international demand and not linked to geopolitical tensions between India and Pakistan, according to the All India Rice Exporters Association (AIREA).AIREA President Satish Goel clarified that the export prices of Basmati varieties 1509 and 1718 have seen a slight rise since March due to…
The Bloomberg Billionaires Index estimates Sunil Mittal and his family’s net worth at $28 billion. Billionaire Sunil Mittal is looking to purchase a 49% stake in Haier Smart Home Co.’s Indian division, sources close to the matter indicate. This strategic move aims to capitalise on the increasing demand for household appliances in India.The founder of…
The defence allocation in India’s budget for FY2026 is set at Rs 6.81 lakh crore. (AI image) Operation Sindoor impact on defence stocks: Defence-related stocks on Friday saw significant gains, with companies like Hindustan Aeronautics and Bharat Forge showing increases of up to 4% amid escalating tensions between India and Pakistan.Paras Defence recorded the highest…
