Sanctions war on? US tightens curbs on Iran oil despite probable deal to ease Hormuz movement

United States on Thursday imposed fresh sanctions targeting Iran’s military-linked oil trade network, despite reports suggested that Washington and Tehran have reached a tentative agreement to extend their ceasefire and ease restrictions on shipping through the Strait of Hormuz.The US Treasury Department said it has sanctioned eight vessels involved in transporting Iranian crude oil and…

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Bajaj Finserv sets up unit to invest in new age ventures

MUMBAI: Bajaj Finserv has launched a new division, Finserv Intelligence, which it may carve out as a separate business in future. Through Finserv Intelligence, Bajaj will invest Rs 1,500 crore to Rs 2,000 crore in early-stage start-ups in AI/fintech, cybersecurity and consumer technology platforms, and will also co-create new ventures. By building applied research capabilities…

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‘Crazy love’: Benjamin Netanyahu cites India’s support even as world ‘delegitimises’ Israel | India News

Israel PM Benjamin Netanyahu NEW DELHI: Israeli Prime Minister Benjamin Netanyahu once again put focus on India-Israel warm ties early Friday, saying Israel receives “crazy love” from India at a time when, according to him, much of the world seeks to “delegitimise” the Jewish state.Addressing an event, Israeli PM said, “We have a unique relationship…

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Heat beats price hikes: Summer products’ sales zoom

MUMBAI: Indians are turning to ice creams, colas, soft drinks and packaged cold coffee to survive the scorching heat, spurring sales of summer products for consumer goods companies and nudging some to upwardly revise their earlier sales estimates for the season.In a summer of price hikes and broader inflationary environment, firms are however pushing lower…

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As Salesforce stock struggles, CEO Marc Benioff has a ‘message’ for investors: You can look around for great opportunities in the market, but Salesforce is …

Salesforce CEO Marc Benioff has now shared an important message for the investors. As Salesforce shares continue to face pressure, Benioff has now sought to reassure investors by stressing customer success, strong cash flow and aggressive share buybacks. Speaking on CNBC’s Mad Money show with Jim Carmer, Benioff said that the company remains focused on…

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Heatwave North India: IMD forecasts heatwave relief in North India over next 3 days, warns of thunderstorms and strong winds | Delhi News

Heatwave conditions likely to ease over the next 3 days NEW DELHI: The India Meteorological Department (IMD) has forecast a major in weather conditions across Northwest India, with heatwave conditions likely to ease over the next three days due to the impact of western disturbances and easterly winds and incoming easterly winds. The weather agency…

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