Guyana oil block fight: Chevron clears $53 billion Hess deal after Paris arbitration, gains entry into Exxon-led Guyana field

Chevron has completed its $53 billion acquisition of Hess Corp, securing a stake in one of the world’s most lucrative oil fields, after winning a key arbitration ruling in Paris. The International Chamber of Commerce (ICC) cleared the way for Chevron to join Exxon Mobil and China’s CNOOC in Guyana’s massive Stabroek Block, ending a…

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India needs to be ‘very careful and clever’ in US trade deal talks, says Raghuram Rajan; flags farm import risk

India needs to be ‘very careful and clever’ in US trade deal talks, says Raghuram Rajan; flags farm import riskFormer Reserve Bank of India Governor Raghuram Rajan has cautioned that India needs to be “very careful and clever” while negotiating trade agreements with the United States, especially in sectors like agriculture where developed economies provide…

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Reliance Retail Q1 results: Profit rises 28.3% YoY to Rs 3,271 crore, gross revenue jumps 11.3% to Rs 84,171 crore

Reliance Retail Ventures Ltd (RRVL), the retail arm of Reliance Industries, on Friday reported a 28.3% year-on-year rise in its profit after tax at Rs 3,271 crore for the quarter ended June 30, 2025, buoyed by robust performance across segments and continued network expansion.Gross revenue for the first quarter rose 11.3% to Rs 84,171 crore,…

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India’s energy milestone: Half of power capacity now from non-fossil sources; clean energy capacity driven by developers

India has reached a major climate milestone by achieving 50 % of its installed power generation capacity from non-fossil fuel sources, five years ahead of its 2030 target under the Paris Agreement, signed in December 2015.As per official sources cited by PTI, non-fossil fuel sources now make up half of India’s total power generation capacity…

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