The writer was the Indian Ambassador in Libya and Iran, and has also served in Egypt and Saudi Arabia

Crude oil still commands its place in the fuel market, but investments in oil exploration have gone down as concerns about climate change grow

Oil, geopolitics, and climate change

Business Standard

nuclear power plant

Is expansion of the nuclear sector - with high capital expenditure and a high tariff (initially) - justified in the Indian context at a time of stress in the power sector?

Why India needs to ramp up nuclear power: All you need to know

India stands to lose 3,00,000 bpd of crude oil supply from Iran, and 4,00,000 bpd from Venezuela

About US sanctions, OPEC Plus policies and oil prices

The making of a perfect storm

He was appointed by President Joe Biden in 2021 and will leave before President-elect Donald Trump takes office January 20

US Attorney Breon Peace

A supertanker carrying about 1.9 million barrels of Venezuelan Merey heavy crude departed earlier this month for India's Sikka port

Oil refinery, Oil production, Crude oil

Alibaba Group Holding Ltd. announced Tuesday it's going to sell Chinese department-store chain Intime to a local apparel group for $1 billion. The price is around 30% of the company's valuation

Grubhub

President Vladimir Putin boasted that his military operation in Ukraine has strengthened Russia and denied that the ouster of key ally Bashar Assad in Syria had hurt Moscow's prestige, as he held his annual news conference and call-in show Thursday.
He used the tightly choreographed event, which lasted for about 4 1/2 hours, to reinforce his authority and demonstrate a sweeping command of everything from consumer prices to military hardware.
He claimed that sending troops into Ukraine in 2022 has boosted Russia's military and economic power. He also said that if he could go back in time, he would have thought that such a decision should have been made earlier, and Russia should have prepared for it in advance and more thoroughly.
"Russia has become much stronger over the past two or three years because it has become a truly sovereign country, he said. We are standing firm in terms of economy, we are strengthening our defence potential and our military capability now is the strongest

Putin, Russian President, Vladimir Putin

The initial share sale of Concord Enviro Systems Ltd, an environmental engineering solutions firm, received 59 per cent subscription on the first day of bidding on Thursday.
The initial public offering (IPO) got bids for 29,79,585 shares against 50,15,356 shares on offer, as per data available with the NSE.
The retail individual investors (RIIs) portion received 1.02 times subscription while non-institutional investors part got subscribed 35 per cent.
Concord Enviro Systems has raised Rs 150 crore from anchor investors.
The Rs 500-crore IPO will close on December 23. The shares are available in a price range of Rs 665-701 per share.
The IPO comprises a fresh issuance of equity shares worth Rs 175 crore and an offer-for-sale (OFS) of 46.41 lakh equity shares valued at Rs 325.33 crore, at the upper-end of the price band, by promoters and an investor.
This aggregates the issue size to Rs 500.33 crore.
Those selling shares in the OFS are, promoters Prayas Goel and Prerak Goel, promo

Markets Today LIVE: Markets in India are likely to come under heavy pressure on Thursday, following the significant decline on Wall Street after the US Fed's hawkish commentary about future rate cuts

market

The key benchmarks - Sensex, Nifty faced another bear attack on Thursday, with the BSE Sensex crashing 1,162 points or 1.44 per cent to its intraday low of 79020

Bear market, markets, bse, nse, sensex, nifty

Dhaka has been behind on payments to Adani Power since supply started in July 2023

Adani group

The Banning of Unregulated Lending Activities Bill calls for the CBI to handle probes in cases spanning multiple states or UTs

The Centre, in collaboration with states, has proposed to classify unregulated lending as a cognizable and non-bailable offence, with penalties including imprisonment of up to 10 years. The finance ministry has invited feedback by February 13 from st

Aditya Birla Money shares hit a record high of Rs 289, as they surged 17 per cent on the BSE in Thursday's intra-day trade amid heavy volumes in otherwise a weak market.

The number of active investors on the National Stock Exchange (NSE) have jumped 44 per cent over the past one year to 47.9 million at the end of September 2024. The surge in active clients is underpinned by the rally in the markets, with the Nifty 50

India vs Australia full scorecard: The tail-enders made India proud as they managed to avoid the follow-on with their 39*-run partnership.

IND vs AUS Day 4

Stock market today, Nifty today: Should a breakout above 24,775 materialise in Nifty50 index, the next resistance levels to watch will be 25,125 and 25,625, Nifty chart shows

Photo: Shutterstock

Here are the best of Business Standard's opinion pieces for today

Verdict 2024: Bureaucracy braces for change with hope and apprehension

New York state court Justice Juan Merchan on Monday rejected Trump's argument that his trial was tainted by witness testimony and other evidence

Donald Trump, Trump

NSA Doval is India's Special Representative on the India-China boundary question and Wang Yi, Member of the Political Bureau of the Communist Party of China (CPC) Central Committee

India china

On Vijay Diwas, PM Modi honoured Indian soldiers whose sacrifices secured victory against Pakistan in the 1971 war, leading to the liberation of Bangladesh

1971 Surrender pic India Pakistan

Allahabad High Court judge Shekhar Kumar Yadav, who purportedly gave controversial statements at a Vishwa Hindu Parishad function, appeared before the Supreme Court collegium on Tuesday, sources said.
According to the sources, Yadav appeared before the collegium headed by Chief Justice Sanjiv Khanna and was asked to put forth his version on the statements made.
The top court on December 10 took note of news reports over the statements and sought a report from the Allahabad High Court on the issue.
"The Supreme Court has taken note of newspaper reports of a speech given by Mr Justice Shekhar Kumar Yadav, a sitting judge of the High Court of Judicature at Allahabad. The details and particulars have been called from the high court and the matter is under consideration," an official statement had said.
According to the established norm, a judge, against whom a report is sought by the apex court collegium on any controversial issue from the high court concerned, is given opportunity to 

Supreme Court, SC

The Centre has described 'One Nation, One Election' as a transformative shift to improve governance, cut costs, minimise disruptions, and streamline the country's electoral process

'One Nation, One Election' proposal likely to have German blueprint

India cannot stay out of global technological race and should build capabilities that will keep it at the top while remaining vigilant against its misuse, said Jeet Adani, Director, Adani Airport Holdings Ltd.
Speaking at IIT Bombay's Techfest 2024, Adani, the 27-year old younger son of infrastructure magnate Gautam Adani, said the future of technology is both scary and exciting.
"But be it scary or exciting, we cannot afford to ignore technology or even go slow in our use of technology -- either as a nation or as its citizens. India cannot stay out of this global race," he said.
"Our generation needs to build capabilities to lead India into this new technological era if we want to stay at the top of our game and realise our dream of Viksit Bharat -- to become a USD 26-trillion economy by 2047," he said.
While technology has helped mankind progress, it is also being applied to wrong causes -- fake news, fake photos, fake videos, fake money, online scams, spoofing, phishing, and ...

Jeet Adani, director of Adani Airport Holdings Limited (AAHL)

TAC InfoSec share price hit a new high of Rs 1,112.45, locked in an upper circuit for the 9th straight day, and surged 46 per cent during the period

D P Srivastava

D P Srivastava

D P Srivastava

Oil, geopolitics, and climate change

Why India needs to ramp up nuclear power: All you need to know

The making of a perfect storm

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US attorney involved in fraud indictment of Gautam Adani to resign

Reliance resume oil swap with Venezuela's PDVSA under US licence: Report

Companies that spent billions on M&A now selling at knockdown prices

Russia's Prez Putin boasts of gains in Ukraine at annual news conference

Concord Enviro IPO receives 59% subscription on first day of offer

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Stock Market Crash Highlights: Sensex sheds 964pts, Nifty ends at 24,951; Banking, IT shares dip

Sensex sinks 1,150pts, Nifty dips below 23,900: What's behind market crash?

Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal

Draft Bill moots unregulated lending ban, up to 10-year imprisonment

This Aditya Birla Group stock surged 17% today; up 74% so far in December