Trump sanctions on Russia oil firms: What does US move mean for Indian refiners? Contracts being reviewed

India is the world’s third-largest oil-importing and consuming nation and it depends heavily on overseas supplies. (AI image) With the Donald Trump administration slapping sanctions on two major Russian oil firms – Rosneft and Lukoil – refiners in India are reviewing their oil contracts. State-owned refiners are reportedly examining their documents for Russian oil procurement…

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Asian stocks today: Markets trade in red tracking Wall Street’s losses; Nikkei down almost 800 points, Kospi sheds 1%

Stock markets in Asia struggled on Wednesday, mirroring Wall Street losses as investors weighed worries that this year’s tech-driven rally may be approaching its limits. Hong Kong’s HSI fell 22 points or 0.09% to 25,759. Nikkei traded at 48,509, shedding 797 points or 1.6%. Shanghai and Shenzhen also traded in red, down 0.66% and 0.87%,…

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Gold & silver price prediction today: Will gold & silver rates continue to fall? Here’s what investors should know

Gold price prediction: The short-term sentiment appears slightly bearish as prices have breached key support levels, suggesting the possibility of further downside movement. (AI image) Gold and silver price prediction today: Gold and silver prices are exhibiting weakness following correction and profit booking, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group….

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‘Putin wasn’t ‘honest’: US imposes sanctions on Russian oil firms; Scott Bessent reveals why Donald Trump was ‘disappointed’

Vladimir Putin and Donald Trump (R) The Donald Trump-led US administration on Wednesday imposed sanctions on Russia’s two largest oil producers, Rosneft and Lukoil, intensifying pressure on the Kremlin to end its war in Ukraine. The move marks one of Washington’s largest-ever sanctions packages against Moscow, announced after Treasury Secretary Scott Bessent accused Vladimir Putin…

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Key economic indicators will see major revamp in early 2026

NEW DELHI: India’s economic dashboard is getting a long-overdue makeover in early 2026. From GDP and retail inflation to industrial output, several major measures of economic activity will be updated to reflect how people live, earn and spend today. A new index to track the booming services sector — from logistics to digital platforms —…

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