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Aker BP explorers defied expectations by discovering significant oil reserves in a previously exhausted Norwegian gas field. The Omega Alfa troves, potentially yielding over 130 million barrels, mark the largest find in Norway this year. This success highlights the importance of ingenuity, advanced technology, and a willingness to challenge conventional wisdom in the energy sector.
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Gold October futures hit a record 1,12,419/10g on Tuesday, up 23,000 from lifetime lows, as safe-haven demand stays strong ahead of the Fed chiefs speech. Silver futures stayed muted at 1,33,531/kg after Mondays sharp rally.
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YES Bank shares are up following Sumitomo Mitsui Banking Corporation's increased stake. This move boosts investor confidence in the bank's recovery. Analysts predict the stock could reach Rs 25 soon. YES Bank is planning to enter wealth management and expand branches. The bank reported strong Q1 FY26 results, raising hopes for a credit rating upgrade.
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