MillenniumPost

Business - Page 17

CRED gets Reserve Bank’s nod to operate as payment aggregator

12 March 2026 12:06 AM IST
New Delhi: Fintech platform CRED on Wednesday said it has received the final authorisation from the Reserve Bank of India (RBI) to operate as a...

Reliance to invest in first US oil refinery in 50 years, says Trump

12 March 2026 12:05 AM IST
Washington/New Delhi: Billionaire Mukesh Ambani’s Reliance Industries will partner in building the first new oil refinery in the US in 50 years, US...

India’s Russian oil buy rises 50% in March amid supply shortfall

12 March 2026 12:04 AM IST
New Delhi: India’s purchase of Russian crude oil has surged 50 per cent in March as New Delhi tapped alternate sources to make up for the shortfall...

‘Conflict in West Asia poses downside risk, India GDP growth seen at 7.1% in next fiscal’

12 March 2026 12:04 AM IST
Mumbai: Conflict in West Asia, if prolonged, could pose a downside risk to India’s economic outlook due to its impact on crude oil and commodity...

CCI rejects plaint against IndiGo, AI alleging abuse of market dominance

12 March 2026 12:04 AM IST
New Delhi: CCI on Wednesday dismissed a complaint alleging abuse of market dominance by InterGlobe Aviation and Air India. The complainant alleged...

Shell declares force majeure to clients who buy Qatari LNG

12 March 2026 12:03 AM IST
LONDON: Shell, the world’s largest liquefied natural gas ‌trader, has declared force majeure on LNG cargoes it buys from QatarEnergy and sells to its...

OPEC confirms big Saudi oil production hike in Feb ahead of Iran war, holds forecasts steady

12 March 2026 12:03 AM IST
LONDON: OPEC said on Wednesday that Saudi Arabia sharply increased oil production in February ahead of US and Israeli strikes on Iran and kept its...

Govt fully geared to meet surge in coal demand amid West Asia crisis

12 March 2026 12:03 AM IST
New Delhi: Amid escalating tensions in West Asia threatening global energy supplies, the government on Wednesday said it is fully prepared to meet any...

Indian fuel retailers face margin pressure amid rising energy prices: Rating agencies

12 March 2026 12:02 AM IST
New Delhi: India’s state-owned oil marketing companies (OMCs) — Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and...

Investors' wealth tumbles by Rs 5.14 lakh cr as markets plunge nearly 2 pc

11 March 2026 6:34 PM IST
New Delhi: Investors' wealth eroded by Rs 5.14 lakh crore on Wednesday as stock markets fell after a day's breather due to a surge in global crude oil...

'Indian fuel retailers face margin, cash-flow pressure'

11 March 2026 3:15 PM IST
New Delhi: State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd...

India secures LPG, LNG supplies via alternative routes as domestic firms step up production

11 March 2026 9:45 AM IST
New Delhi: Amid the reports of liquefied petroleum gas (LNG) shortage due to West Asia crisis, India has secured LPG and LNG supplies through...
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