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BPCL posts Rs 3,962 crore Q1 loss as high crude prices squeeze fuel margins
Bharat Petroleum Corporation Ltd reported a significant net loss for the April-June quarter. Elevated crude oil prices and regulated fuel rates severely impacted marketing margins. The company incurred substantial LPG under-recoveries and unpaid subsidy dues. Revenue from operations increased, but total expenses climbed significantly. Fuel sales and refinery processing saw a slight decline during the period.
Bus travellers respond to fare reduction
Bus travellers respond to fare reductionTo play this video you need to enable JavaScript in your browser.This video can not be playedBus travellers respond to fare reductionCloseMore on Burnham's policy decisions.SectionNewsPublishedJust nowShareclose panelShare pageCopy linkAbout sharingRead description
I travel four hours on a bus per day - the bus fare cap will save me £500 a year
I travel four hours on a bus per day - the bus fare cap will save me £500 a yearImage source, SuppliedImage caption, Sarah Bodger says she spends more than £3,000 a year on travelling to workByAlys Davies and Bernadette McCague & Rozina Sini, BBC Your VoicePublishedJust nowFor Sarah Bodger the cost of travelling to work is "crippling".The wool shop owner says she travels about four hours from Bedworth in Warwickshire to Leamington Spa and back, six days a week.The journey also involves catching...
Can the Suez save Asian oil consumers after Houthis shut Bab al-Mandeb?
About 6 million barrels of crude per day that pass through the strait to Asia are now at risk, experts say.
10 مليارديرات شباب يغيرون العالم في 2026: قصص نجاح لن تصدقها!
في عام 2026، يظهر الجيل الجديد من المليارديرات، والذين لم يتجاوزوا الثلاثين! تعرف على هؤلاء الشباب الذين تمكنوا من تحويل أفكارهم إلى ثروات طائلة تتجاوز مليارات الدولارات.
Meet the Magnificent 10: Youngest Billionaires in 2026 That Will Blow Your Mind!
These incredible young visionaries have shaken the foundations of industries and redefined success. Discover their astounding stories and the innovative journeys that catapulted them to billionaire status before age 30.
DAVID MARCUS: In booming Detroit, voters skeptical of socialism snake oil
It is rare to find a bartender who knows how to make a good Vuex Carre, but Emily, at Le Supreme Brasserie, knocked it out of the park. She grew up in the suburbs, but loves living her 20s downtown, and the revitalization of the Motor City she enjoys may be a problem for far-left senate candidate Abdul El-Sayed.A bit later, on Sunday night, I met Nick, 29, who grew up in Detroit and now works in advertising in Chicago. He marvels at the changes he has seen in his hometown."It’s so different now,...
Italy makes financial ‘exceptions’ in bid to hire Pep Guardiola as coach
Italy's football federation chief holds talks with Guardiola over vacant role, but appointment not yet confirmed.
'We literally have the paper': US says India trade deal could be signed in months
A significant India-US trade agreement is expected within three to four months. Negotiations are nearly finalized, with the text effectively complete and ready for signing. The primary remaining hurdle involves ongoing US trade investigations, not bilateral disagreements. Washington's Section 301 probes are nearing conclusion, which will allow progress. This agreement aims to expand market access and deepen economic ties between both nations.
Jeetendra's Rs 4.25 lakh pali hill deal is now worth Rs 450 crore
Jeetendra purchased Bharat Bhushan's bungalow for a modest sum. He later sold the Burma teak from the demolished structure for profit. This initial investment laid the groundwork for his successful real estate career. The property's value has since appreciated significantly over the years. Today, the land alone is worth an estimated Rs 450 crore.
What's happening to UK interest rates and what does it mean for mortgages?
What's happening to UK interest rates and what does it mean for mortgages?Image source, Getty ImagesByKevin PeacheyCost of living correspondentPublished16 July 2021Updated Just nowThe Bank of England has held UK interest rates at 3.75% four times, keeping them at the lowest level since February 2023.Before the US-Israeli war with Iran, rates had been expected to fall in 2026, but the economic fallout from the conflict has pushed up inflation across the globe, making cuts unlikely.Interest rates...
Running on rollovers: Pakistan's reserves get $27 billion foreign loans from Saudi, China
Pakistan secured approximately twenty-seven billion dollars in foreign funding last fiscal year. Saudi Arabia and China provided significant rollover support for existing loans. Fresh borrowing accounted for sixteen billion dollars of the total inflows. This foreign assistance primarily financed the budget and repaid external debt. Pakistan's exports declined by six percent during the same period.
Universal provident fund scheme: How PF for gig workers, self-employed could work
The proposed framework aims to allow unorganised sector workers and self-employed to set aside a portion of their income for deposits under a universal provident fund scheme which will earn regular interest on par with the existing EPFO scheme.
$1.2B fintech CEO says bank rejected his home loan despite 800 CIBIL score
A prominent fintech founder faced a home loan rejection from a leading bank. He possessed a strong financial profile and a long customer relationship. Banks often assess salaried employees and founders differently during credit assessments. This experience sparked discussions about traditional lending's view of modern entrepreneurs. The situation underscores how personal credit can remain difficult despite business success.
Boiling point? Brent crude touches five week high, here’s what analysts expect next
Oil prices are climbing as geopolitical tensions between the US and Iran intensify. Analysts expect crude prices to remain within a specific range for now. Current market prices do not indicate a major structural disruption to global oil supplies. Investors are also closely monitoring upcoming crude oil inventory data. This data could influence near-term price direction for the commodity.
Lloyd’s of London says ex-boss broke compliance rules with ‘close relationship’
John Neal failed to disclose relationship with female colleague that risked triggering conflict of interest concernsLloyd’s of London has ruled that its former boss John Neal breached compliance rules by failing to disclose a “close relationship” with a female colleague that risked triggering conflict of interest concerns at the insurance market.An investigation by the Council of Lloyd’s, which is responsible for the market’s management and supervision, said it could not find any “conclusive evi...
Why did stock market crash today? Sensex ends over 700 points down, Nifty below 24,000
Pharmaceutical stocks were among the biggest drags on the market after Trump announced a phased tariff framework for imported generic medicines, giving drugmakers a two-year transition period before higher duties come into force.
What is happening to UK prices?
What is happening to UK prices?Image source, Getty ImagesPublished14 January 2011Updated Just nowInflation in the UK was 2.6% in the year to June, lower than the previous month's figure, but still above the Bank of England's 2% target.The fall was slightly more than economists predicted, after the ceasefire in the Middle East – which has since broken down – temporarily caused a drop in petrol and diesel prices.But inflation is widely expected to rise again in the coming months. What is inflation...
Russia reports injuries after top online retailer Wildberries hit again
Company CEO says logistics centres in Krasnodar and Nevinnomyssk evacuated days after workers killed in earlier attack.
من البوفيه إلى القمة: كيف أصبح برنارد أرنو أغنى رجل في العالم!
برنارد أرنو، مالك إمبراطورية الرفاهية، تمكن من تحقيق ثروة ضخمة تفوق 220 مليار دولار. دعونا نستعرض مسيرته الاستثنائية وأسرار نجاحه المذهل.
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