Author: Source Author

Nomura has a buy rating on Petronet LNG with the target price cut to Rs 340 from Rs 370. Analysts said the crisis in West Asia may hurt the company’s near-term volumes. They cut the company’s FY27 earnings before interest, taxes, depreciation and amortisation (EBITDA) by 23% as Ras Laffan may take months to come...

Iran on Sunday threatened to “completely close” the Strait of Hormuz if US President Donald Trump acts on his warning to strike Iranian energy facilities within 48 hours. The Islamic Revolutionary Guard Corps (IRGC) said energy sites in countries hosting US bases would become “lawful” targets.The US President had warned: “If Iran doesn’t fully open,...

Hardik Pandya with teammate Suryakumar Yadav (PTI Photo) Mumbai Indians will once again head into the Indian Premier League 2026 season as one of the strongest contenders on paper, boasting a star-studded lineup featuring Hardik Pandya, Rohit Sharma, Suryakumar Yadav, Jasprit Bumrah and Tilak Varma. Despite their formidable squad, the five-time champions have not lifted...

India’s Abhishek Sharma (ANI Photo) Abhishek Sharma entered the ICC Men’s T20 World Cup as the No.1-ranked batter, expected to dominate with his aggressive strokeplay after a breakthrough 2025 season. However, the tournament turned into an early struggle for the 25-year-old, who began with three consecutive ducks and added a few more low scores, leading...

NEW DELHI: With increased security threat along the western and northern frontiers, especially after last year’s conflict with Pakistan, the Indian Army has added another Pinaka regiment and is preparing to induct one more by the end of the year, it is learnt. With the operationalisation of one more regiment, the Indian Army now has...

NEW DELHI: With airspace restrictions to the west of India increasing at a furious pace in the last 11 months, Air India is finally sending reinforcement pilots for its long haul backbone fleet of Boeing 787 Dreamliners that are deployed on ever-lengthening Europe and UK routes. The conversion of about 28 to 30 pilots of...

NEW DELHI: Power and road transport ministries have been asked for clarity on recovery of penalties imposed on carmakers for failing to meet the Corporate Average Fuel Efficiency (CAFE) norms. CAFE, a mandatory regulatory standard, sets limits on average CO2 emissions or fuel consumption for the entire fleet of vehicles sold by a carmaker.It’s learnt...

NEW DELHI: Effective from Jan 2024, Indian Railways has increased the rates of Kilometrage Allowance and Allowance in lieu of Kilometrage (ALK) by 25% for all running staff across its system. The updated rates will benefit over two lakh railway personnel, including loco pilots, assistant loco pilots, firemen, guards and other running staff. The decision...

NE DELHI: The March 31 deadline set by home minister Amit Shah for the elimination of Left-wing extremism (LWE) from the country may pass uneventfully, after having served its purpose of creating the right psychological mindset among all the stakeholders – security and police forces, local administration, political brass of affected states, Maoist leadership and...