A Stronger Rupee Is Easing India’s Oil Import Bill, But the Relief May Be Smaller Than Expected
A stronger rupee is offering India some relief on its massive oil import bill, but analysts say the gains are unlikely to be a game-changer unless accompanied by sustained declines in crude prices.The Indian rupee has strengthened in recent sessions as global crude oil prices ret Read More
Gold Prices Slip Below Crucial $4,000 Mark as Strong US Dollar Pressures Bullion
Gold extended losses on Thursday, after breaking below the key $4,000-per-ounce level for the first time in seven months a day earlier, as the dollar held strong on rising expectations of Federal Reserve interest rate hikes this year.Spot gold was down 0.7% at $3,971.08 per oun Read More
Nifty Auto Surges Over 2% Today: What’s Driving The Rally In TVS Motor And M&M Stocks?
Auto stocks: In today’s trading session, auto stocks traded with solid gains in early trade, driving the sectoral index Nifty Auto to surge over 2%.On a weekly basis, the index is up for the third consecutive week, and on a monthly basis, it is up for the third consecutive month. Read More
Oil Prices Plunge To Lowest Levels Since February As Hormuz Reopens, Boosting Middle East Supply Expectations
Oil prices extended their decline on Thursday to near levels last seen before the start of the Iran war, as rising supply expectations from the Middle East outweighed demand concerns.Prompt-month Brent crude futures for August delivery fell $1.22, or 1.65%, to $72.52 a barrel a Read More
Rs 7.7 Lakh Cr Firm Pays MD Rs 17,000: ED Exposes Bizarre Financial Violations at Rajesh Exports
The Enforcement Directorate (ED) has detailed a series of extraordinary financial discrepancies at gold jewelry giant M/s Rajesh Exports Limited (REL), exposing severe departures from normal corporate governance.The latest findings from the probe, conducted under the Foreign Exch Read More
Commerce Ministry Notes ‘Substantial Progress’ On India-US Trade Pact As Both Sides Eye ‘Tangible Benefits’
India and the United States have entered the final stretch of negotiations for a major interim trade deal. Following productive meetings in New Delhi between Commerce Minister Piyush Goyal and U.S. Trade Representative Jamieson Greer, officials from both nations have signaled tha Read More
Noel Tata Announces Retirement As Trent Chairman; A Look Back At His Retail Legacy
Noel Tata, the architect of Trent Limited’s growth, announced his decision to step down as Chairman. The announcement, delivered to shareholders at the company’s 47th Annual General Meeting, brings to a close one of the most consequential leadership tenures in the Indian consumer Read More
Weak Start To India’s Monsoon Season Raises Fresh Concerns Over Rural Demand Recovery For Inida Inc
A weak start to India’s monsoon season is raising fresh concerns over the rural demand recovery that many consumer goods and automobile companies have been counting on to support growth this year.Rainfall across the country was running significantly below normal through much of J Read More
Gold Hits Near 2-Week Low As Soaring Dollar Outweighs Fragile US-Iran Nuclear Talks
Gold extended losses on Wednesday, touching its lowest in almost two weeks as the dollar climbed due to rising bets on U.S. interest rate hikes, while investors assessed conflicting signals on the U.S.-Iran peace talks.Spot gold fell 1.1% to $4,064.01 per ounce by 0431 GMT, hav Read More
Oil Prices Toward Four-Month Lows On Signs Of Resuming Shipments Through Hormuz And Easing US-Iran Tensions
Oil prices fell more than 1% on Wednesday, extending this week’s losses and trading near four-month lows, on signs that more oil tankers stranded in the Gulf are set to move out of the Strait of Hormuz.Brent crude futures fell 78 cents, or 1.0%, at $76.30 a barrel as of 0350 GM Read More















