US eases Venezuela oil sanctions amid Iran war; Trump administration moves to boost global supply
The United States has eased sanctions on Venezuela’s state-owned oil sector, allowing American companies to resume limited business with Petróleos de Venezuela S.A. (PDVSA), as the Donald Trump administration seeks…
FOMC policy meeting: Jerome Powell-led US Federal Reserve keeps interest rates unchanged; flags ‘uncertainty’ related to impact of Iran war
Jerome Powell (AP file photo) US Federal Reserve policy: Jerome Powell-led Federal Open Market Committee (FOMC) on Wednesday kept interest rates unchanged within the 3.50%-3.75% band. “In support of its…
KKR to invest up to $310 million in PMI Electro and Allfleet
Mumbai: Private equity (PE) firm KKR will invest up to $310 million in PMI Electro Mobility and its electric bus operating platform Allfleet, marking the PE giant’s first climate transition…
Direct tax collections rise 7.1% to Rs 22.8 lakh crore till March 17; corporate tax drives growth
India’s net direct tax collection increased 7.1 per cent to about Rs 22.8 lakh crore till March 17 in the current financial year, aided by higher corporate tax mop-up and…
Market rebound or relief rally: Sensex gains nearly 3,000 points in three days; should investors stay cautious?
Indian equity benchmarks continued their upward move for a third straight session on Wednesday, with the BSE Sensex adding nearly 3,000 points over the past three trading days, prompting debate…
New national highway Rules: Skip toll payment, pay double after 72 hours
Representative image NEW DELHI: Failure to pay user fee because of faulty or for low balance in the tag while crossing a barrier-less plaza on NH network will cost you…
Kharg Island is an appealing target for Trump, with high risks
Donald Trump told an interviewer in 1988 that if Iran attacked US forces, “I’d do a number on Kharg Island. I’d go in and take it.”Nearly 40 years later, the…
Trump’s Next Decision: Whether to retrieve Iran’s nuclear fuel, whatever the risk
Repeatedly over the past two days, President Donald Trump returned to his central argument for his , and to do it at this moment in history. Tehran was on the…
The cost of the AI Boom: A trade deficit the president detests
WASHINGTON — President Donald Trump has long viewed the deficit, the gap between what the country exports and imports, as a negative barometer of the economy.But these days, the trade…
Hormuz chokehold forces oil reroute via Red Sea — but how long can this lifeline hold?
The Middle East conflict has entered its third week and has reshaped how the globe fuels its oil pipelines. Iran’s disruption of the Strait of Hormuz has left many producers…
