Trump sanction fallout: HMEL halts Russian oil imports after new US curbs; denies blacklisted ship-use reports

[ad_1] HMEL, a joint venture between Lakshmi Mittal and Hindustan Petroleum Corporation Ltd (HPCL), announced on Wednesday that it has suspended imports of Russian crude oil following new Western restrictions on Moscow’s energy trade. In a statement, the Bathinda-based refinery said the suspension would remain in place “pending receipt of any outstanding orders” and cited…

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Vodafone Idea shares slump 12%: Supreme Court limit on AGR relief hits company stock; no mention of waiver on penalties or interest

[ad_1] NEW DELHI: Vodafone Idea’s shares tumbled 12.4 per cent to Rs 8.21 on the BSE on Thursday after the Supreme Court issued its written order on the company’s adjusted gross revenue (AGR) dues, curbing the extent of relief investors had anticipated. The clarification dented hopes of a broader reprieve for the debt-laden telecom operator.The…

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US government shutdown fallout: Data blackout poses threat to economic growth- explained by analysts

[ad_1] US government shutdown (AI image) The ongoing US government shutdown has created a significant data vacuum, impacting the release of vital federal economic statistics, from employment figures to national GDP measurements.The information gap is set to widen as authorities postpone releasing third-quarter GDP figures for the largest economy globally. Trump’s Nuclear Nightmare Amid Putin…

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Gold & silver price prediction today: Will gold & silver rates start rallying again? Here’s what investors should know

[ad_1] In the coming week, gold prices are expected to move higher towards the ₹1,25,000 mark. (AI image) Gold and silver price prediction today: Gold and silver prices may start exhibiting some strength in the coming days, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his views on gold…

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Cognizant Q3 revenue rises 7.4% to $5.4bn

[ad_1] BANGALURU: Cognizant reported revenue of $5.4 billion for the Sept quarter, marking a 7.4% year-on-year rise and a 3.2% sequential increase in dollar terms. In constant currency, revenue grew 6.5%, including a 2.5% contribution from inorganic growth. Sequential growth stood at 2.8%. Cognizant’s strong quarterly performance lifted its shares 6.6% in early Nasdaq trading…

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