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Showing posts from April 14, 2025

Crude oil prices crash to 2021 levels amid trade war fears. What’s ahead?

  Crude oil prices crash to 2021 levels amid trade war fears. What’s ahead? Oil prices took a sharp dive after the Trump administration announced sweeping new tariffs and OPEC Plus decided to speed up the unwinding of production cuts. Although crude was spared from direct tariffs, worries over demand destruction due to slower global growth sent prices tumbling. The US WTI crude oil posted a low of $56.70 a barrel last week, while the Asian Brent traded at $60 a barrel. Currently, major international benchmarks and the domestic oil prices are at their lowest level since 2021. The US imposed a baseline tariff of a universal 10 percent on all imports to the US and higher tariffs on specific countries. Countries like China, Vietnam, Japan, India, Korea, and the European Union face addit...

4 earthquakes jolt India, Myanmar, Tajikistan within an hour

  4 earthquakes jolt India, Myanmar, Tajikistan within an hour Four earthquakes struck parts of India, Myanmar, and Tajikistan in quick succession on Sunday morning, shaking regions across South and Central Asia. All four tremors occurred within an hour, but no major damage or casualties were reported. Mild Quake Hits Himachal’s Mandi The first tremor was recorded in Himachal Pradesh’s Mandi district at 9:18 am IST. The 3.4 magnitude earthquake struck at a shallow depth of 5 km, with its epicentre located at 31.49°N latitude and 76.94°E longitude, according to the National Center for Seismology (NCS). Local officials confirmed there was no loss of life or property. Myanmar Experiences Strong Aftershock Around the same time, a magnitude 5.5 earthquake shook central Myanmar near Meiktila, situated between the cities of Mandalay and Naypyidaw. The tremor is being t...

Indian Army uses new DRDO laser to neutralise Chinese drone near LoC

  Indian Army uses new DRDO laser to neutralise Chinese drone near LoC A Chinese-origin drone, reportedly operated by the Pakistan Army, was brought down near the Line of Control in Jammu by the Indian Army using an indigenous anti-drone system. Defence sources confirmed that the drone was spotted near Indian territory in the 16 Corps area, south of the Pir Panjal ranges. Army Air Defence units responded quickly. The unmanned aerial vehicle was intercepted using the Integrated Drone Detection and Interdiction System, designed and developed entirely in India. The system, which can jam signals, spoof drone navigation, and destroy aerial targets, has been deployed in large numbers along the country’s borders. In this instance, it was decisive. A homegrown solution to modern threats The Integrated Drone Detection and Interdiction System was built by the Defence Research and Development Organisation (DRDO), India's top defence R&D agency. At its core is a 2-kilowatt laser beam that ...

Chanakya Niti: When Outsiders Decide Your Family’s Future, It’s a Sign of Collapse

  Chanakya Niti: When Outsiders Decide Your Family’s Future, It’s a Sign of Collapse Acharya Chanakya, one of India’s sharpest minds and most respected philosophers, laid down life-changing principles in his "Chanakya Niti." One such important lesson warns us about a clear sign of a family's downfall — when its members lose the ability to make decisions together and instead rely on outsiders for guidance. Why Decision-Making Within the Family Matters According to Chanakya, disagreements are natural in every family. Clashes of opinion happen, emotions run high, and different viewpoints surface — but wise families handle conflicts internally. The moment external individuals begin influencing or deciding personal family matters, it is a clear indicator that the family’s core strength is crumbling. Chanakya strongly believed that a family’s true strength lies in unity, mutual trust, and open communication. A healthy household functions like a well-oiled machine — every member...

Q4 results April 14-19 week: Infosys, IREDA, HDFC Bank, ICICI Bank, Yes Bank, Wipro and more to announce earnings

  ireda, iread share price, ireda results date and time IREDA |  The Indian Renewable Energy Development Agency (IREDA) is going to announce Q4 results on Tuesday, April 15. The PSU reported a 26.8% year-on-year increase in its net profit (profit after tax) for the third quarter, reaching ₹425.4 crore compared to ₹335.5 crore in the same period last year. Sequentially, IREDA's PAT jumped 10% from nearly ₹388 crore in Q2FY25. IREDA's total revenue from operations stood at Rs 1,698.45 crore, which surged over 35% in Q3FY25. Allied Blenders, GM Breweries, Radico Khaitain, wine, beer, whisky, rum, vodka GM Breweries |  The alcoholic beverage manufacturer is going to announce Q4 results on Tuesday, April 15. For the quarter that ended on December 31, 2024, GM Breweries' revenue rose 5.7% year-on-year to ₹166 crore, from ₹157 crore during the same quarter last year. However, the company's net profit fell 4.3% from the year-ago quarter to ₹22 crore. Earnings Before Interest, T...

5 Of India's Top 10 Firms Add Rs 84,559 Crore In Market Value During Holiday-Shortened Week

  5 Of India's Top 10 Firms Add Rs 84,559 Crore In Market Value During Holiday-Shortened Week Mumbai:  In a holiday-shortened trading week, the combined market valuation of five of the top-10 valued companies in India increased by Rs 84,559.01 crore. Hindustan Unilever emerged as the biggest winner, with its market valuation soaring by Rs 28,700.26 crore. However, the broader market faced a decline during the week amid global uncertainty. The Sensex dropped by 207.43 points, or 0.27 per cent, while the Nifty fell by 75.9 points, or 0.33 per cent. Indian stock markets were closed on Thursday for Mahavir Jayanti, which further shortened the trading week. Among the top gainers, Hindustan Unilever saw the largest surge in its market valuation, which reached Rs 5,56,054.27 crore. ITC’s market value grew by Rs 15,329.79 crore, reaching Rs 5,27,845.57 crore, while Bajaj Finance gained Rs 12,760.23 crore, with a market value of Rs 5,53,348.28 crore. Bharti Airtel’s market valuation cl...

City lights and stars: Nasa shares nighttime image of India from space

  City lights and stars: Nasa shares nighttime image of India from space NEW DELHI: Nasa on Sunday released a striking set of nighttime images captured from the International Space Station (ISS), including a captivating photograph of India along few other parts of the world. The image, shared on the space agency’s official account on X, showcases the subcontinent illuminated by a dense web of city lights, glowing vividly under a starlit sky. The remaining photos in the series include a view of the cloud-covered Midwest United States, the coastal and inland geography of Southeast Asia, and a glowing snapshot of Canada at night, framed by a faint green aurora and the curvature of the Earth. The images were posted as part of a four-photo series featuring different regions of the world. with the caption- "When you can see the stars above, the city lights below, and the atmospheric glow blanketing Earth's horizon. Pic 1) Midwest United States Pic 2) India Pic 3) Southeast Asia Pic ...

Mehul Choksi arrested in Belgium, likely to be extradited to India

  Mehul Choksi arrested in Belgium, likely to be extradited to India Fugitive diamond merchant Mehul Choksi was arrested by the Belgium police on Saturday, at the behest of the Central Bureau of Investigation (CBI), reports said on Monday. The 65-year-old businesman who is a prime accused in the the $2-billion Punjab National Bank (PNB) fraud is likely to be extradited to India, a report in the Economic Times said. India has an extradition treaty with Belgium and the authorities there have sought a formal extradition request from Indian authorities. Choksi who is currently in jail is expected to seek bail and an immediate release, citing health reasons. Choksi’s and his nephew, Nirav Modi have been accused of defrauding the PNB of over Rs 14,000 crore, one of biggest scam in the history of Indian banking.