Times Top News

Times Top News

Russia's oil and fuel exports down, revenues up in January: IEA

Russia's oil and fuel exports down, revenues up in January: IEA

by | Feb 12, 2026 | Business


IEA said the crude and fuel exports from Russia decreased by ‌90,000 barrels per day ​last month from December to 7.5 million ⁠barrels per day.

Russia’s revenues from crude oil ​and refined product ‌exports rose in January ​as higher prices offset ⁠a decline in export volumes, the International Energy Agency ‌said on Thursday.

The Paris-based IEA said ‌exports revenues ‌increased ⁠by $130 million in January ⁠from December to $11.1 billion, but remained lower by $4.6 billion year ​on year.

It ‌also said the crude and fuel exports from Russia decreased by ‌90,000 barrels per day ​last month from December to 7.5 million ⁠barrels per day.

Russia has been challenged by ‌the international sanctions over Ukraine, notably by Washington’s efforts to impede Moscow’s oil sales to India, its second-largest ‌crude importer after China.

The IEA ​said Russian crude production declined last ⁠month by 350,000 bpd to ⁠9.3 million bpd.

That compares to OPEC ‌estimates of 9.246 million bpd for January.

More Like This

Published on February 12, 2026



Source link

IT selloff deepens as Sensex drops over 450 points in midday trade

IT selloff deepens as Sensex drops over 450 points in midday trade

by | Feb 12, 2026 | Business


The Sensex fell 452.24 points (0.54%) to 83,781.40, and the Nifty 50 declined 111.50 points (0.43%) to 25,842.35 as of 1:10 PM. The Sensex opened at 83,968.43, while the Nifty started at 25,906.70.
| Photo Credit:
iStockphoto

Benchmark indices extended losses in afternoon trade on Thursday, with the Sensex down 452.24 points, or 0.54 per cent, at 83,781.40 as of 1.10 pm, while the Nifty 50 declined 111.50 points, or 0.43 per cent, to 25,842.35. The Sensex had opened at 83,968.43 against its previous close of 84,233.64, while the Nifty opened at 25,906.70 against the previous close of 25,953.85.

IT stocks continued to bear the brunt of selling pressure for the second consecutive session, with losses deepening from morning levels. TCS led the decliners, plunging 5.35 per cent to ₹2,754.00, followed by Infosys down 5.08 per cent at ₹1,397.20, Wipro declining 4.70 per cent to ₹219.00, Tech Mahindra falling 4.55 per cent to ₹1,560.00, and HCL Technologies dropping 3.51 per cent to ₹1,497.20. The sector remained under pressure amid ongoing global concerns over AI-driven disruption in technology services.

Financial stocks provided partial support to the market, with Bajaj Finance emerging as the top gainer, rising 2.65 per cent to ₹994.65. Shriram Finance advanced 2.38 per cent to ₹1,082.00, while Eicher Motors gained 2.07 per cent to ₹7,932.00. Trent added 1.61 per cent to ₹4,286.80, and ICICI Bank climbed 1.48 per cent to ₹1,426.90.

Broader indices underperformed benchmarks, with the Nifty Midcap 100 declining 0.58 per cent to 60,394.55 and the Nifty Smallcap 100 falling 0.67 per cent to 17,334.60. The Nifty Next 50 slipped 0.55 per cent to 69,829.95. However, sectoral performance was mixed, with Nifty Financial Services rising 0.41 per cent to 28,394.05 and Nifty Bank gaining 0.07 per cent to 60,791.70.

Market breadth remained negative, with 2,434 stocks declining against 1,589 advances on the BSE, while 176 remained unchanged. A total of 4,199 stocks were traded. As many as 117 stocks hit 52-week highs, while 94 touched 52-week lows. There were 147 stocks in upper circuit and 105 in lower circuit.

Analysts noted the market remained in consolidation mode as investors continued to assess the impact of global technology sector uncertainties on domestic IT majors.

Published on February 12, 2026



Source link

वॉलंटरी एग्जिट पैकेज के नाम पर छंटनी की लटकी तलवार; गूगल ने कर्मचारियों पर फोड़ा Layoff का बम,

वॉलंटरी एग्जिट पैकेज के नाम पर छंटनी की लटकी तलवार; गूगल ने कर्मचारियों पर फोड़ा Layoff का बम,

by | Feb 12, 2026 | Business


Show Quick Read

Key points generated by AI, verified by newsroom

Google Voluntary Exit Package 2026: प्राइवेट नौकरीपेशा लोगों को अक्सर ही डर बना रहता है कि, उनकी नौकरी कभी भी जा सकती है. अक्सर बड़े पैमाने पर छंटनी की खबरें सामने आती रहती है. छंटनी के लिए अलग-अलग तरीके भी अपनाएं जाते हैं.

ऐसी ही एक खबर दुनिया की जानी मानी टेक कंपनी से आ रही है. गूगल ने अपने कुछ कर्मचारियों को एग्जिट पैकेज ऑफर किया है. इसके तहत कर्मचारी खुद की मर्जी से कंपनी छोड़ सकते हैं. आइए जानते है, इस बारे में…

गूगल ने दिया कर्मचारियो को एग्जिट का विकल्प   

बिजनेस इनसाइडर की एक रिपोर्ट के अनुसार गूगल के चीफ बिजनेस ऑफिसर फिलिप शिंडलर ने कर्मचारियों को ईमेल के जरिए इसकी जानकारी साझा की है. ईमेल में कहा गया है कि कंपनी के ग्लोबल बिजनेस ऑर्गेनाइजेशन (GBO) के तहत काम कर रही कुछ टीमों के कर्मचारी सेवरेंस पैकेज के साथ बाहर निकलने का विकल्प ले सकते हैं. 

इन संभावित एग्जिट्स का असर खास तौर पर यूनाइटेड स्टेट्स में GBO से जुड़ी भूमिकाओं पर पड़ेगा. जिनमें सॉल्यूशन टीम, सेल्स, कॉरपोरेट डेवलपमेंट और अन्य संबंधित विभागों में काम करने वाले कर्मचारी शामिल हैं. हालांकि, यूएस में बड़ी कस्टमर सेल्स टीम से जुड़े कर्मचारियों को इस प्रोग्राम में शामिल नहीं किया गया है. 

क्या है चीफ बिजनेस ऑफिसर का कहना?

फिलिप शिंडलर ने कर्मचारियों की 2025 की उपलब्धियों की सराहना करते हुए कहा कि इन्हीं प्रयासों की बदौलत कंपनी साल की शुरुआत मजबूत स्थिति से कर रही है. हालांकि, उन्होंने यह भी स्पष्ट किया कि माहौल बहुत तेजी से बदल रहा है. इसकी रफ्तार बहुत तेज है.

इसलिए कंपनी उन कर्मचारियों को वॉलेटंरी एग्जिट पैकेट दे रही है, जो इस रफ्तार में खुद को फिट नहीं कर पा रहे हैं. साथ ही ऐसे कर्मचारी जो गूगल के बाहर खुद के लिए नए अवसर तलाश रहे हैं. इससे पहले 2025 में सीईओ सुंदर पिचई ने भी कर्मचारियों को वॉलंटरी एग्जिट पैकेज ऑफर किए थे.    

यह भी पढ़ें: Stock Market Crash: शेयर बाजार में कोहराम; सेंसेक्स- निफ्टी टमाटर की तरह लाल, जानें इस गिरावट की वजह



Source link

2,000-year-old Tamil-Brahmi inscriptions found in Egypt reveal ancient Tamil traders

2,000-year-old Tamil-Brahmi inscriptions found in Egypt reveal ancient Tamil traders

by | Feb 12, 2026 | Business


A Tamil Brahmi inscription with the name Cikai Koṟraṉ in one of the tombs at the Valley of the Kings in Egypt.
| Photo Credit:

In a discovery that rewrites the maritime history of ancient India, researchers have identified 2,000-year-old Tamil-Brahmi inscriptions inside the high-security royal tombs of the valley of the Kings in Egypt.

The findings, which confirm that ancient Tamil traders travelled deep into the Egyptian interior for exploration and tourism, were presented by Swiss scholar Professor Ingo Strauch on the inaugural day of the four-day International Conference on Tamil Epigraphy here on February 11.

Professor Strauch, from the University of Lausanne, Switzerland, along with Professor Charlotte Schmid of the French School of Asian Studies, Paris, documented approximately 30 inscriptions in Tamil-Brahmi and Prakrit across six rock-cut tombs, including the tomb of Ramesses VI. The most significant discovery is the name ‘Cikai Korran’, which appears in eight different locations.

The researchers noted that one inscription specifically reads ‘Cikai Korran vara kanta’, which translates to ‘Cikai Korran came and saw’, mirroring the style of Greek tourist graffiti found in the same complex.

Addressing the delegates, Professor Strauch said, while earlier evidence of Tamil presence in Egypt was confined to port cities like Berenike, these inscriptions prove that Indian merchants were not merely transient sailors.

He noted that the merchants stayed for extended periods and possessed the curiosity to visit inland heritage sites far from the coast.

The name Cikai, meaning tuft or crown, and Korran, meaning leader, suggest the individual was a person of significant status within the merchant guilds of the early historic period, he added.

The conference, organised by the Tamil Nadu State Department of Archaeology, was inaugurated by Minister for Finance and Archaeology Thangam Thennarasu.

The Minister emphasised that inscriptions provide an authentic chronological record of society that is free from the interpolations often found in later literary works.

He noted that Tamil Nadu accounts for nearly 30,000 of the documented inscriptions in India, offering an unbroken history from the 6th century BCE.

The conference is on till February 14 and its agenda includes the release of a comprehensive volume on traditional water management systems based on ancient sluice inscriptions, documenting how early societies managed irrigation and public resources.

Over the next two days, the event is scheduled to feature sessions on hero stones, trade guild records, and the digital mapping of archaeological sites across the state.

Published on February 12, 2026



Source link

Crude oil futures gain as markets monitor US-Iran developments

Crude oil futures gain as markets monitor US-Iran developments

by | Feb 12, 2026 | Business


Crude oil futures traded higher on Thursday morning as markets continued to focus on US-Iran tensions with market players concerned that any military action could pose a risk to oil supplies.

At 9.56 am on Thursday, April Brent oil futures were at $69.76, up by 0.52 per cent, and March crude oil futures on WTI were at $65.03, up by 0.62 per cent. On Multi Commodity Exchange (MCX), February crude oil futures were trading at ₹5,888 during the initial hour against the previous close of ₹5,896, down by 0.14 per cent, while March futures were trading at ₹5,901 against the previous close of ₹5,907, down by 0.10 per cent.

US President Donald Trump warned Iran of a possible military action, if it fails to agree to a deal with US.

In a post on the social media platform Truth Social, he said: “I have just finished meeting with Prime Minister Netanyahu, of Israel, and various of his Representatives. It was a very good meeting, the tremendous relationship between our two Countries continues. There was nothing definitive reached other than I insisted that negotiations with Iran continue to see whether or not a Deal can be consummated. If it can, I let the Prime Minister know that will be a preference. If it cannot, we will just have to see what the outcome will be. Last time Iran decided that they were better off not making a Deal, and they were hit with Midnight Hammer — That did not work well for them. Hopefully this time they will be more reasonable and responsible.”

Meanwhile, the latest data showed an increase in US crude oil inventories for the week ending February 6. According to the US EIA (Energy Information Administration), US commercial crude oil inventories increased by 8.5 million barrels for the week ending February 6.

Total motor gasoline inventories increased by 1.2 million barrels from last week, and distillate fuel inventories decreased by 2.7 million barrels last week.

Total products supplied in the US over the last four-week period averaged 20.8 million barrels per day, 2.4 per cent above the same period last year. Over the past four weeks, motor gasoline product supplied averaged 8.3 million barrels per day, 0.7 per cent below the same period last year. Distillate fuel product supplied averaged 4.1 million barrels per day over the past four weeks, down by 3.2 per cent from the same period last year. Jet fuel product supplied was down 2.3 per cent compared with the same four-week period last year.

Organization of the Petroleum Exporting Countries’ (OPEC) February oil market report said global oil demand growth forecast for 2026 remains at a healthy 1.4 million barrels a day, y-o-y, unchanged from the previous month’s assessment. Oil demand growth is expected to be supported by strong air travel demand and healthy road mobility, including on-road diesel and trucking, as well as healthy industrial, construction, and agricultural activities in non-OECD countries.

It said that global oil demand growth in 2027 is forecast to grow by a healthy 1.3 million barrels a day, year-on-year, unchanged from the previous month’s assessment.

February natural gas futures were trading at ₹292.80 on MCX during the initial hour of trading on Thursday against the previous close of ₹288.50, up by 1.49 per cent.

On the National Commodity and Derivatives Exchange (NCDEX), March jeera contracts were trading at ₹23,080 during the initial hour against the previous close of ₹22,995, up by 0.37 per cent.

March castorseed futures were trading at ₹6,464 on NCDEX during the initial hour against the previous close of ₹6,445, up by 0.29 per cent.

Published on February 12, 2026



Source link

YouTube
Instagram
WhatsApp