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Indian OMCs unlikely to see impact on margins after US curbs on Russian oil: Fitch Ratings

Business Standard

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November 18, 2025

Indian oil marketing companies (OMCs) are unlikely to see a significant effect on their refining margins or credit profiles in the wake of the latest US sanctions on Russia's largest crude oil producers and the EU's ban on refined imports derived from Russian crude, according to Fitch Ratings.

- BS REPORTER

The rating agency added that the scale of impact would depend on the duration and effectiveness of the sanctions.

MEER VERHALEN VAN Business Standard

Business Standard

PhysicsWallah jumps 42% on trading debut

Edtech firm PhysicsWallah soared 42.4 per cent on listing, adding to the list of strong debuts from Groww and Pine Labs last week.

time to read

1 mins

November 19, 2025

Business Standard

Satya Nadella's 3-day India visit to begin from Dec 10

Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella will commence his visit to India on December 10 and stay in the country till December 12, 2025.

time to read

1 mins

November 19, 2025

Business Standard

UIDAI to launch new app for verification via QR code

The Unique Identification Authority of India (UIDAI) will soon launch a new mobile application to enable smooth verification of the identity of users through quick-response (QR) codes, the agency’s Chief Executive Officer Bhuvnesh Kumar said.

time to read

1 mins

November 19, 2025

Business Standard

Nifty PSU Bank index extends red-hot streak

Delivers 11% return in a month as PSBs stay investor favourites

time to read

2 mins

November 19, 2025

Business Standard

Business Standard

Benchmarks pull back after six-session rise; IT, metals drag

Domestic equity benchmarks snapped a six-session winning streak on Tuesday due to losses in information technology and metal stocks, as investors awaited key US economic data releases that would offer cues on whether the Federal Reserve cuts rates next month.

time to read

1 mins

November 19, 2025

Business Standard

LPG deal with US may shield India from geopolitical shocks

India’s 2.2 million tonnes (mt) liquefied petroleum gas (LPG) term deal with the United States (US) is likely to insulate the country amid geopolitical disruptions in global energy markets, according to an expert.

time to read

2 mins

November 19, 2025

Business Standard

EAM bats for strong economic links among SCO countries

Time SCO adopted English as an official working language: Jaishankar

time to read

1 mins

November 19, 2025

Business Standard

Business Standard

UNSC backs Trump's 20-point plan for Gaza

The UN Security Council has adopted a draft resolution endorsing US President Donald Trump's Gaza peace plan and authorising the establishment of an international stabilisation force in the enclave, with the American leader describing it as a “moment of true historic proportion”.

time to read

3 mins

November 19, 2025

Business Standard

Infosys to start largest ever share buyback of ₹18,000 cr on Nov 20

Information Technology (IT) services giant Infosys’ largest ever share buyback programme worth ₹18,000 crore is set to open for subscription on Thursday, and will close on November 26, according to a regulatory filing.

time to read

1 min

November 19, 2025

Business Standard

Must target biotech sovereignty by 2047, says Mazumdar-Shaw

India must strive for ‘biotech sovereignty’ by 2047, a goal that would empower the nation to “ideate, design, engineer, manufacture and regulate its own breakthroughs at global standards”, asserted Biocon executive chairperson Kiran Mazumdar Shaw at the Bengaluru Tech Summit 2025 on Tuesday.

time to read

1 mins

November 19, 2025

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