Govt allows registration of flex-fuel vehicles running on 85% to 100% ethanol-blended petrol NEW DELHI: Government on Monday notified a change in Central Motor Vehicles Rules, allowing flex-fuel vehicles that can run on upto 100% ethanol blended petrol. This comes barely months before some of the car manufacturers are set to launch their E100 models.An … Read more
NEW DELHI: Gold and silver are expected to face fresh headwinds this week as surging crude oil prices revive inflation concerns, while US Federal Reserve’s policy decision could determine whether bullion rates stabilise or extend their downward trend, analysts said.The precious metals, already battered by elevated bond yields and a stronger dollar, will look to … Read more
Bank holiday on October 26 NEW DELHI: India’s festive calendar continues to bring a series of holidays in October, making it important for bank customers to check the schedule before heading to a branch. On Monday, October 26, banks will remain closed in selected states for Laxmi Puja, Accession Day and Maharishi Valmiki’s birthday.While bank … Read more
Silver prices rose 0.2% to $54 per ounce, bucking the marginal decline in gold as investors assessed the outlook for US interest rates ahead of the Federal Reserve’s policy meeting this week. Among other precious metals, platinum fell 0.1% to $1,549.42 per ounce, while palladium gained 0.4% to $1,047.90. Source link
Crude prcies fall from six month-highs, but trade beyond $100 per barrel Oil prices fell over 1% on Monday after surging to near six-month highs late last week. Despite the decline, prices remained elevated, with Brent crude hovering near $115 per barrel as continued attacks on Saudi Arabia kept concerns over global oil supplies alive.The … Read more
File photo: Ministry of Corporate Affairs NEW DELHI: The corporate affairs ministry has extended the deadline for companies to file their annual financial statements for the fiscal 2025-26 till Dec 31. Besides, they can submit their annual returns to the ministry till Jan 31, 2027, as per a circular. The extension of deadlines follows representations … Read more
File photo: AI companies are using Indian data centres to serve customers BENGALURU: Global AI companies are using Indian data centres to serve customers overseas, not just local users, as delays in securing power and capacity elsewhere push them to spread their computing infrastructure across countries, operators told TOI.“We are already hosting some customers and … Read more
Govt has energy and fertiliser stocks ready, but higher oil and freight costs will strain the rupee, deficits and foreign investment. NEW DELHI: As war clouds gather over West Asia once again, govt seems better prepared with energy and fertiliser stocks, but higher oil prices will hurt the currency and deficit levels, apart from foreign … Read more
File photo: RBI Governor Sanjay Malhotra MUMBAI: Information technology has become a core function of RBI, with secure, sovereign data centres and cybersecurity capabilities increasingly critical to the resilience of the financial system as AI transforms technology, governor Sanjay Malhotra said.In an interview with Doordarshan following the inauguration of RBI’s new data centre and Cybersecurity … Read more
