The Middle East conflict has entered its third week and has reshaped how the globe fuels its oil pipelines. Iran’s disruption of the Strait of Hormuz has left many producers scrambling to find alternative ways to move crude to global markets. With tanker traffic through the strait nearly halted, attention has shifted to the Red…
Gold has witnessed a modest decline lacking bullish conviction amid mixed cues as USD strength persists ahead of the US Fed decision. (AI image) Gold price prediction today: Gold prices lack an immediate bullish bias, though the current phase is more consolidative than corrective, says Maneesh Sharma, AVP – Commodities & Currencies at Anand Rathi…
MUMBAI: Behind the triple-digit growth numbers in gold loans is a structural change in the way Indians are viewing their family jewellery. Hocking ornaments of the women of the house, which was earlier seen as a sign of distress borrowing, is now being viewed as a way to monetise ancestral jewellery and bring down the…
NEW DELHI: India’s largest carmaker Maruti Suzuki plans to launch seven new SUVs over the next five-six years as it looks to strengthen its position in India’s fast-growing sport utility vehicle segment, managing director and CEO Hisashi Takeuchi said Tuesday.“The share of SUVs within the Indian passenger vehicle market has been growing rapidly. Maruti Suzuki…
NEW DELHI: Make sure that you have a good credit score, if you are an aspirant for a job in a bank.Govt on Tuesday told Parliament that banks are increasingly looking at the credit score “to encourage responsible credit behaviour among employees who are entrusted with public funds”.In fact, responding to a question in the…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex continued their upward trend for the third day on Wednesday. While Nifty50 went above 23,650, BSE Sensex was up over 300 points. At 9:16 AM, Nifty50 was trading at 23,683.15, up 102 points or 0.43%. BSE Sensex was at 76,389.62, up or 319…
Asian equities mostly inched higher on Wednesday, tracking a pause in the recent rally in oil prices, even as investors remained cautious amid escalating tensions in the Middle East and awaited signals from the US Federal Reserve on interest rates.As of 9:15 am, Japan’s Nikkei was up 1,245.87 points or 2.32% to 54,946. South Korean…
Prices of precious metals witnessed a recovery of up to 2% on Tuesday, with silver climbing by Rs 6,000 to reach Rs 2.62 lakh per kilogram, while gold advanced to Rs 1.61 lakh per 10 grams in the national capital, as per data from the All India Sarafa Association. Silver, the white metal, rose by…
Kotak Institutional Equities reinstated its add rating on Aster DM with the target price at Rs 725. Analysts expect Aster DM, after its imminent merger with Quality Care (QCIL), to report robust numbers over FY26-FY28. Besides synergies, there are multiple other levers such as higher oncology mix, improved payor mix etc. to drive margin expansion….
Indian IT stocks had already experienced a notable drop earlier this year. (AI image) Indian IT shares tank! Shares of Indian IT companies dropped by as much as 6% on Tuesday after fresh artificial intelligence announcements from global chipmaker Nvidia, which reignited concerns about AI-driven disruption in the technology services sector. Investor caution also remained…
