Articles liés
India Launches Samudra Manthan Scheme to Boost Offshore Oil and Gas Exploration
India's Union Cabinet approved the Rs 84,084 crore Samudra Manthan National Offshore Exploration Scheme, funding 50% of deepwater drilling costs to reduce import reliance. The initiative aims to attract global companies, unlock hydrocarbon reserves, and create shared infrastructure, marking a significant shift in energy security strategy.
Warren Buffett's S&P 500 ETF Strategy Shows Significant Growth
Warren Buffett's S&P 500 ETF strategy highlights how a $10,000 investment could grow to over $40,000 in 10 years. His recommendation for buying and holding low-cost S&P 500 index funds offers simple exposure to the US economy for investors.
France's Wildfire Smoke Threatens Bordeaux Wine Industry
France's worst wildfire season in decades poses a significant threat to Bordeaux's wine industry. Smoke taint from nearby fires could damage grapes, altering taste and value, a problem exacerbated by the grapes' veraison stage and existing market pressures.
RBI Expected to Maintain Repo Rate in August Amid Inflation Risks
The Reserve Bank of India is anticipated to keep its benchmark repo rate unchanged in August due to elevated inflation risks and the FCNR(B) deposit scheme closure. A poll of economists suggests a 'Neutral' stance with a hawkish tone, monitoring monsoon and global factors.
Flipkart to Launch Food Delivery in Bengaluru with Lower Commissions
Ecommerce major Flipkart is reportedly planning to launch its food delivery services in Bengaluru by mid-August, proposing a commission structure of up to 11%, which is significantly lower than the rates charged by existing players like Swiggy and Zomato.
India's Sebi Introduces Closing Auction Session and Extends Equity Derivatives Trading Hours
India's Sebi is implementing a new Closing Auction Session for F&O-eligible stocks and extending equity derivatives trading hours by 10 minutes, effective August 3. This aims to ensure fair closing prices, improve efficiency, and align with global best practices.