Bengaluru and Mumbai Crack Top 10 Global Luxury Markets; Prime Property Prices Surge Up to 9.4%: Report

India’s luxury residential markets surged in global prominence in 2025, with Bengaluru and Mumbai recording some of the highest price appreciations worldwide, according to Knight Frank’s Prime International Residential Index (PIRI 100) released on Thursday.Bengaluru jumped from 4 Read More

Tehran Receives First Revenue From Strait Of Hormuz Amid US Blockade

Amid the ongoing blockade of Iranian ports by the United States, Iran has received its first revenue from tolls applicable to transit from the Strait of Hormuz, a vital trade chokepoint.The second deputy parliament speaker claimed that the first revenue from the Strait of Hormuz Read More

India’s Gross FDI Rises 13% to $90.8 Billion; Net Inflows Near All-Time Lows, Says Morgan Stanley

India’s foreign direct investment (FDI) outlook remains mixed, with gross inflows expected to stay strong while net FDI may continue to remain weak due to rising repatriation and outward investments, according to a report by Morgan Stanley.The report stated that the improving str Read More

Oil Shock May Push Up Electricity Costs In India

An oil shock triggered by global supply disruptions is likely to result in higher electricity costs in India, according to a report by ISI Markets, which highlighted the strong link between fossil fuel prices and power tariffs in the country.The report noted that electricity pric Read More

Singapore Airlines Deepens Role At Air India After Carrier Recorded Rs 22k Crore Loss

After Air India posted a record loss of nearly Rs 22,000 crore, largely led by rising jet fuel prices, airspace trouble, and operational issues, Singapore Airlines Ltd has increased its operational involvement in the Indian-flag carrier as per people familiar with the matter, cit Read More

India’s April Private Sector Growth Shrugs Off War Fears; HSBC Flash PMI Hits 58.3 as Hiring Rises

Growth in India’s private sector accelerated in April as manufacturing and services activity rebounded after cooling last month despite elevated price pressures, a ​survey showed.The bounce-back signals a recovery in domestic demand at the start ‌of the new fiscal year but uncert Read More

Gold, Silver Prices Today, April 23: Bullion Rates Slip Across India as Stronger Dollar Weighs

Gold and silver prices in India retreated for a third consecutive session on Thursday. This follows a global trend where a firmer U.S. dollar and elevated bond yields have dampened the appeal of non-yielding bullion.In the Mumbai market, the price of 24-carat gold settled at ₹1,5 Read More

Can India Cut Its Energy Import Risk? Kotak’s Nilesh Shah Weighs In

Emphasising the need to reduce India’s vulnerability to external energy shocks, MD Kotak Mutual Fund and member PM’s economic advisory committee, Nilesh Shah, has called for accelerated electrification and a stronger push towards nuclear energy to cut dependence on imports.Shah s Read More

Govt Rejects Reports of ₹25 Petrol Price Hike; MoPNG Calls Rumors ‘Mischievous’ and ‘Fake’

The Indian government on Thursday dismissed reports of a planned hike in retail petrol and diesel prices, labeling such claims as “mischievous” and designed to create panic among citizens.The Ministry of Petroleum and Natural Gas (MoPNG) took to social media to clarify its stance Read More

Oracle’s India Arm Share Rallies 8% After Net Profit Jumped 30.7% YoY

Oracle Share Price: The shares of Oracle Financial Services Software rallied as much as 8% to hit an intra-day high of Rs 8,779 apiece on Thursday’s trading session after the company posted strong Q4FY26 results. Oracle Financial Services Software Q4 ResultsIn Q4FY26, the financi Read More