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Donald Trump’s threat of more penalties against Russia raised concerns over potential disruptions to oil flows. State-owned Bharat Petroleum Corp. and Hindustan Petroleum Corp. are seeking additional supplies for May arrival from regions such as the Middle East, North Sea and Mediterranean, said people familiar with the matter. The trading cycle for barrels delivered next month is typically concluded in early March. On Sunday, Trump raised the prospect of so-called secondary tariffs on buyers of Russian oil if President Vladimir Putin refused a ceasefire with Ukraine. The comments drove benchmark futures higher, with West Texas Intermediate surging 3.1% on Monday, the biggest gain in almost 11 weeks.

The Solid Waste Management fee will be determined by the built-up area of residential properties, as per ANI. For properties up to 600 sq ft, resident owners will pay Rs 10 per month; from 600–1,000 sq ft one will have to pay Rs 50 per month; Rs 150 per month for built up area of 2,000–3,000 sq ft; Rs 200 per month from 3,000–4,000 sq ft; and finally Rs 400 per month above 4,000 sq ft. The plans were announced in the municipal body's budget on Saturday, which proposed to collect a solid waste management user fee along with property tax from the year 2025-26. Prepared under the «Brand Bengaluru» concept, the BBMP budget has an outlay of about Rs 19,930 crore, an almost 50 per cent increase from the previous fiscal year.

Subscribe to enjoy similar stories. Following the premature redemption of several gold bond schemes, the government has abruptly ended yet another gold scheme launched less than a decade ago. The decision comes as the gold prices look poised to climb to ₹1 lakh per 10 grammes.

Donald Trump’s tariffs. Some are confident that whatever is announced on Wednesday will not hurt them; others are genuinely uncertain how to manage if they can’t export to the US. The pharmaceutical industry — which is well known globally for churning out generic drugs that are the backbone of many countries’ health systems — should be particularly worried. Over 30% of Indian pharma exports go to the US, and it provides an even larger proportion of earnings. Trump has promised, in the past, that levies on pharma imports would begin at 25%, similar to what he imposed on cars recently. But the president seems to have walked that back more recently, perhaps because the administration is uncertain of the consequences of a sharp rise in the price of off-patent drugs.

HBL Engineering shares will be in focus on Tuesday after the company secured five contracts worth Rs 762.56 crore from Central Railway for the provision of Kavach. With this, the total value of Kavach contracts won by the company this year has reached Rs 3,618 crore.

Subscribe to enjoy similar stories. JSW Steel Ltd is poised to improve its near-term profitability from the lows of the December quarter (Q3FY25), aided by multiple factors such as improved realisation thanks to the proposed safeguard duty by the directorate general of trade remedies (DGTR), lower raw material costs, and higher volumes amid robust domestic demand.

Subscribe to enjoy similar stories. The tax relief provided in the Union budget takes effect from 1 April. Taxpayers can now expect more money left in their hands.

Subscribe to enjoy similar stories. WASHINGTON—President Trump said that he had settled on a plan for his latest batch of tariffs expected this week but didn’t reveal what he had decided, after his economic team struggled to coalesce around a remade U.S. trade strategy.

OpenAI on Monday said it raised $40 billion in a new funding round that valued the ChatGPT maker at $300 billion, the biggest capital-raising session ever for a startup. The infusion of cash comes in a partnership with Japanese investment giant SoftBank Group and «enables us to push the frontiers of AI research even further,» the San Francisco-based company said in a post on its website. «Their support will help us continue building AI systems that drive scientific discovery, enable personalized education, enhance human creativity, and pave the way toward AGI (artificial general intelligence) that benefits all of humanity,» the company said.

Desco Infratech will debut on the BSE SME platform on Tuesday. Ahead of the listing, the GMP was at around Rs xx, indicating a premium of % over the issue price. However, this could change depending on the sentiments in the secondary market. The company will use the IPO proceeds, Rs 31 crore to be precise, for funding of capital expenditure requirements towards setting up of a corporate office in Surat, purchase of machinery, working capital requirements and general corporate purposes.

Elon Musk's SpaceX on Monday launchd a crew of four private astronauts led by a crypto entrepreneur on a mission to orbit Earth from pole to pole, a novel trajectory in which no humans have traveled before. Maltese investor Chun Wang, a Chinese-born magnate who founded a bitcoin mining company, is the bankroller and commander of the SpaceX mission, named Fram2, a reference to the Norwegian «Fram» ship that pioneered Arctic exploration at the turn of the 20th century. The four crew members on Monday afternoon were driven to the launchpad in a caravan of Teslas — the electric cars of Musk's other company — winding through the roads of Cape Canaveral, Florida, with a police escort, as a SpaceX Falcon 9 rocket launched overhead in an unrelated Starlink mission. «We're gonna watch a rocket launch while on our way to a rocket launch,» Wang wrote on X, the social media site owned by Musk, alongside a video of a Falcon 9 climbing the skies to space during their drive. The mission, SpaceX's sixth private astronaut flight, is the company's latest novel effort that expands its dominance in the global human spaceflight arena. It comes as Musk's power as SpaceX CEO and the world's richest man soars as he works as a close adviser to U.S. President Donald Trump, a role that has given him extraordinary influence for a businessman over an array of U.S. policy matters.

The two benchmarks also suffered heavily in March, recording their biggest monthly percentage drops since December 2022, as President Donald Trump rolled out a swathe of new tariffs which raised fears of a global trade war that would hurt economic growth and spur inflation.

At present, such individuals can buy into India's primary and secondary markets only through the foreign portfolio investor (FPIs) route.

The current unease over the market outlook aside, money managers and analysts believe India's stock benchmarks will log gains in the second part of the fiscal year, with a likely rebound in local corporate earnings potentially encouraging foreign investors to return to D-Street. In the financial year that ended March 31, the Sensex and Nifty advanced around 5% each after posting gains of 28% in the previous fiscal. Both the indices, which were on a record-breaking run until the last week of September, gave up most of the gains following seemingly unrelenting sales by foreign institutions.

FSN E-COMMERCE VENTURES (NYKAA) Current Market Price (Rs): 179 Change in Open Interest in April Series: 6.25% Change in price in April Series: 1.79%

Indian stock market experienced a roller-coaster ride in the financial year ended March 31, 2025, as aggressive selling by overseas fund managers in the second-half of the year weighed on sentiment. Despite this, the Nifty 50 index managed to close FY2025 with a 5.3% gain, while the Nifty Midcap 150 and Smallcap 250 rose 5.73% and 2.32%, respectively. Foreign portfolio investors (FPIs) offloaded shares worth Rs 1.25 lakh crore during the year.

Subscribe to enjoy similar stories. New Delhi: India's electric vehicle (EV) battery makers could face collateral damage from the Trump tariffs, as foreign manufacturers unload cheap batteries here just as the local companies were ramping up production. India’s fast-growing EV market could absorb the diverted supply and drive down costs for local automakers, experts said, adding that also spells trouble for companies such as Amara Raja Energy & Mobility Ltd, Exide Industries Ltd, Reliance Industries Ltd and Ola Electric Ltd, which are investing billions to build battery plants.

Subscribe to enjoy similar stories. US President Donald Trump has imposed a stiff 25% tariff on imported cars, trucks and parts that go to make them. The move, ostensibly, is to revive domestic manufacturing.

Subscribe to enjoy similar stories. New Delhi: A seismic shift is rocking India’s retail landscape, with several chief executives of high-profile companies jumping ship and docking with rivals, even as the industry grapples with slowing growth and evolving consumer behaviour that is moving towards value brands. From Levi Strauss & Co.

President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades

Mumbai will witness an average 3.39% hike, while the average hike across the state is 3.89%. Municipal corporation areas across the state, except Mumbai, will witness an average increase of 5.95%, while municipal councils and nagar panchayats will see a 4.97% hike. Urban areas will see a 3.29% rise, and rural regions will witness an average increase of 3.36%, the state government said in a statement.