Daily Excelsior

New Delhi, Mar 3: Prime Minister Narendra Modi on Tuesday spoke to Sultan Haitham bin Tarik of Oman and Crown Prince of Kuwait Sheikh Sabah Al-Khaled Al-Hamad Al-Mubarak Al-Sabah, and expressed concern over attacks on their countries during the ongoing conflict in West Asia, officials said. In his telephonic conversations, Modi also discussed with the two leaders the welfare and security of the Indian community residing there. The prime minister spoke to two important leaders from the Gulf regio

NEW DELHI, Mar 3: India holds about 100 million barrels of commercial crude oil stocks in storage tanks, underground strategic reserves and on ships voyaging towards the country which could cover roughly 40-45 days of its requirement if flows through the Strait of Hormuz are disrupted, according to Kpler. India imports about 88 per cent of the crude oil it needs the raw material for fuels such as petrol and diesel with more than 50 per [] The post Indias 100 mn barrel crude stocks could cove

NEW DELHI, Mar 2: Retirement fund body EPFO on Monday fixed the interest rate on employees provident fund (EPF) deposits for 2025-26 at 8.25 per cent, retaining the rate for the second consecutive year, a source said. In February last year, the EPFO retained the 8.25 per cent rate of interest for 2024-25 fiscal year. The Employees Provident Fund Organisation (EPFO), in 2024, increased the interest rate marginally to 8.25 per cent for 2023-24, from 8.15 per cent in 2022-23. [] The post EPFO retai

New Delhi, Mar 2: Retirement fund body EPFO on Monday fixed the interest rate on employees provident fund (EPF) deposits for 2025-26 at 8.25 per cent, retaining the rate for the second consecutive year, a source said. In February last year, the EPFO retained the 8.25 per cent rate of interest for 2024-25 fiscal year. The Employees Provident Fund Organisation (EPFO), in 2024, increased the interest rate marginally to 8.25 per cent for 2023-24, from 8.15 per cent in 2022-23. [] The post EPFO Retai

New Delhi, Mar 2: The Union Home Ministry has asked states to keep an eye on pro-Iran radical preachers giving inflammatory statements that may result in violence in the wake of the Israel-US attack on Iran, officials said. In a letter circulated to all states on February 28, the Ministry also asked all states and UTs to keep vigil on social media activities of extremists and global terror group handles, they said. Advising the states to ensure that no law-and-order [] The post Govt Asks States

KARACHI, Mar 1: At least six persons were killed and several injured on Sunday after clashes broke out between police and protesters outside the US Consulate in Karachi, Pakistan, following the killing of Iranian Supreme Leader Ali Khamenei in the US-Israel strike on Iran. A large number of demonstrators were gathered around the consulate, prompting local police to use tear gas and fire warning shots to disperse the crowd, police said. Edhi Information confirmed that six people have been killed

NEW DELHI, Mar 1: Car market leader Maruti Suzuki India on Sunday reported a 7.32 per cent rise in total sales to 2,13,995 units in February 2026 compared to 1,99,400 units a year earlier. Total domestic passenger vehicle sales were marginally up at 1,61,000 units last month against 1,60,791 units in February 2025, Maruti Suzuki India said in a regulatory filing. Sales of the mini car vertical, comprising Alto and S-Presso, increased slightly to 10,238 units from 10,226 units in [] The post Maru

NEW DELHI, Mar 1: Foreign portfolio investors (FPIs) infused Rs 22,615 crore into Indian equities, marking the highest monthly inflow in 17 months, driven by the interim India-US trade deal, correction in domestic market valuations and robust third-quarter corporate earnings. The latest buying follows three consecutive months of heavy selling. FPIs pulled out Rs 35,962 crore in January, Rs 22,611 crore in December and Rs 3,765 crore in November, according to data from the depositories. Overall,

NEW DELHI, Mar 1: The combined market valuation of nine of the top-10 most valued firms eroded by Rs 2,18,902.09 crore last week, with Bharti Airtel taking the biggest hit in line with a bearish trend in equities. Last week, the BSE benchmark tanked 1,527.52 points or 1.84 per cent. Equity markets ended the week under notable pressure as persistent geopolitical tensions and weakness in technology stocks weighed on sentiment, Ajit Mishra, SVP, Research, Religare Broking Ltd, said. From the [] The

MUMBAI, Feb 27: Benchmark indices Sensex and Nifty tumbled over 1 per cent on Friday due to fresh foreign fund outflows and subdued global trends amid rising geopolitical risks. The lack of progress in USIran nuclear talks has intensified concerns of further escalation of Middle East tensions, experts said. The 30-share BSE Sensex tanked 961.42 points or 1.17 per cent to settle at 81,287.19. During the day, it dropped 1,089.46 points or 1.32 per cent to 81,159.15. The 50-share NSE [] The post St

NEW DELHI, Feb 26: JSW Motors on Thursday said it has partnered with the Tata Indian Institute of Skills to establish a structured technical talent pipeline ahead of the commissioning of its manufacturing plant at Chhatrapati Sambhajinagar in Maharashtra. The collaboration marks the first step for the new energy vehicle manufacturing company of the JSW Group to build an industry-leading skilling ecosystem, one that begins at the plant floor and extends across the entire manufacturing value chain

MUMBAI, Feb 26: The rupee slipped 1 paisa to settle at 90.92 (provisional) against the US dollar on Thursday, weighed down by a rise in global crude oil prices and a firm greenback against major rivals. However, foreign fund inflows supported the local unit and prevented the decline, forex traders said. At the interbank foreign exchange, the rupee opened at 90.86 against the greenback and traded in a narrow range of 90.81-90.93 during the session. Eventually, it closed at 90.92 [] The post Rupee

New Delhi, Feb 26: Reliance Group chairman Anil Ambani on Thursday appeared before the Enforcement Directorate here for a second round of questioning in connection with an alleged bank fraud-linked money laundering case. The 66-year-old businessman entered the federal probe agencys office in central Delhi around 10.30 am. Officials in the agency said they will record his statement under the provisions of the Prevention of Money Laundering Act (PMLA). He was first questioned by the ED in August 2

NEW DELHI, Feb 25 : The government has mandated the sale of petrol with up to 20 per cent ethanol and a minimum Research Octane Number (RON) of 95 across all states and Union Territories from April 1, 2026. The oil ministry in a February 17 notification, said, the central government hereby directs that oil companies shall sell ethanol-blended motor spirit (petrol) with percentage of ethanol up to 20 per cent as per the Bureau of Indian Standards specifications and [] The post Govt mandates sale

Jammu, Feb 25: The Delhi-Amritsar-Katra Expressway, the fifth major expressway being developed in the country, is set for completion by March 2027, a senior official of the National Highways Authority of India said on Wednesday. The construction of the National Expressway 5 (NE5), which began in April 2021, had significantly slowed last year due to Operation Sindoor as well as heavy rains and floods across northern states. Once completed, the project is expected to considerably enhance regional

New Delhi, Feb 25: Communications Minister Jyotiraditya Scindia on Wednesday slammed the absurd and shocking demands and arrangements linked to a senior BSNL directors proposed Prayagraj visit, calling them unacceptable and said that a show-cause notice has been issued. The Ministers comments assume significance as controversy erupted after details of extensive hospitality arrangements for BSNL Director Vivek Banzals official visit surfaced online, including requests for personal care items such

NEW DELHI, Feb 25:IPO-bound OYOs parent entity PRISM on Wednesday announced the appointment of former SEBI Chairman Ajay Tyagi as an Independent Director on its Board. His appointment comes as PRISM aims to further strengthen its board and governance framework as it strives to grow and access the public markets. Tyagi joins an experienced board with expertise across governance, consumer businesses, technology and strategic investments, OYO said in a statement. The board comprises Independent Dir