The final equity payment to Shell will be calculated after taking into account adjustments related to debt, cash and other items outlined in the transaction agreements. (AI image) Aditya Birla Renewables Ltd (ABRen), the renewable energy arm of Grasim Industries, has entered into an agreement to acquire Sprng Energy from Shell Overseas Investment BV in…
Housing sales and prices in Dubai plunged to Middle East war Dubai’s residential property market slowed down in the first half of 2026 as geopolitical tensions in West Asia weighed on buyer sentiment, with housing sales falling 16 per cent year-on-year, according to real estate consultancy Anarock.Residential transactions totalled AED 225.7 billion during the January-June…
Trump said the toll would be used to meet “any and all costs necessary to do the job of providing safety and security to this very volatile section of the World.” (AP Photo) Trump announces toll for Hormuz: US President Donald Trump said on Monday that the US is “reinstating” a blockade on Iran in…
Trade between India and the US continues to expand, while India’s imports of energy from the US have also been increasing. When will the India-US trade deal be signed? Negotiations between India and the US on a trade agreement are moving ahead smoothly, with the framework deal now ready and awaiting signing at an appropriate…
NEW DELHI: Centre on Monday firmly rejected reports claiming that India was delaying an interim trade agreement with the United States, calling them “completely false, baseless and misleading” and asserting that negotiations between the two countries remain on track.The clarification came after a Reuters report claimed that India was unwilling to rush into a trade…
Retail inflation crosses RBI target, at 4.38% India’s retail inflation rose to 4.38 per cent in June, up from 3.93 per cent in May, as higher food prices pushed up the overall Consumer Price Index (CPI), according to provisional data released by the ministry of statistics and programme implementation (MoSPI) on Monday.Food inflation, measured by…
India’s merchandise imports surged 31% year-on-year to $70.84 billion India’s merchandise imports surged 31% year-on-year to $70.84 billion in June. Merchandise exports rose 15.5% to $40.41 billion during the month, while imports climbed sharply, driven by higher purchases of crude oil, electronics, machinery and precious metals, commerce secretary Rajesh Agarwal said during a press briefing…
SC asks Centre to place rules before it within 2 weeks NEW DELHI: The Supreme Court on Monday directed the Centre to place before it, within two weeks, the rules framed under the Bharatiya Vayuyan Adhiniyam, 2024, while hearing a plea seeking regulatory guidelines to curb the “unpredictable fluctuations” in airfares and ancillary charges imposed…
The Supreme Court allowed the appeal, set aside the judgments of the Delhi High Court and the Additional Rent Controller, and restored the eviction order passed by the Additional Rent Control Tribunal. (AI image) The Supreme Court has held that tenancy rights transferred from one bank to another under a scheme of amalgamation framed under…
Spainish tech giant Submer Group on Monday announced a $2 billion investment in Madhya Pradesh’s semiconductor industry, a move expected to create nearly 5,000 direct employment opportunities.The announcement was made at the MP Tech Growth Conclave 3.0: GCC – Data Centres and Semiconductors, according to a senior state government official.“A $2 billion investment (19,000 crore…
NSE’s benchmark to define real estate sector performance The Nifty Realty Index is a sectoral stock market index of the National Stock Exchange (NSE) that is benchmark of the performance of country’s listed real estate companies. It is designed to reflect the movement of companies primarily engaged in the construction and development of residential and…
The renewed interest from foreign investors could help extend the recovery in the benchmark NSE Nifty 50 index. (AI image) Foreign investors seem to be turning bullish on Indian equities again with more than $1 billion invested in the last week. Goldman Sachs Group Inc. has projected that these overseas inflows could strengthen further as…
Top stocks to buy today (AI image) Stock market recommendations: Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities recommends Indian Hotels Company, and Equitas Small Finance Bank as top stocks to buy for the July 13-July 17, 2026 week. Technical outlooks for Nifty, and Bank Nifty have also been shared: Stock recommendations Indian…
Gold continues to trade with a bearish bias after extending its sequence of lower highs and lower lows on the daily chart. (AI image) Gold price prediction today: Gold prices are trading with a bearish bias as geopolitical events weigh on investor sentiment, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services…
Top stocks to buy today (AI image) Stock market recommendations: Motilal Oswal Wealth Management Research Desk recommends buying GE Vernova T&D India, and Apollo Hospitals as the top stocks for the week starting July 13, 2026: Name CMP TP Upside GE Vernova 4677 5200 11% Apollo Hospitals 8841 10120 14% GE Vernova T&D India; Target…
Gold, silver price today: Global bullion ended last week on a weak note with gold and silver posting losses International bullion prices ended lower, reflecting cautious investor sentiment. Spot gold declined by $17.57, or 0.43%, to close at $4,106.25 per ounce, while silver also remained under pressure, slipping nearly 1% to $59.54 per ounce. The…
NEW DELHI: The domestic pharmaceutical retail market is showing its strongest signs yet of a shift from price-led to demand-led growth. Volume growth crossed 3% in June, the first time in 24 months after hovering at around 1-2% during the first five months of the year.Encouraged by the strong trend during Jan to June, the…
Oil prices soared sharply on Monday as the Middle East was once again embroiled in chaos. Crude prices jumped 4% as fresh military action between Iran and the United States fuelled concerns over the security of the Strait of Hormuz, a key global energy route.As of 7:30 am, Brent crude was up 4.28% at $79.26…
MUMBAI: Auto financiers are pushing for innovation in lending, with a shift towards embedded finance and partnerships instead of generic EMI products, even as global markets adopt integrated digital credit at the point of sale.While nearly eight out of 10 new cars are being financed, car dealers conduct sales based on on-road prices. The financing…
NEW DELHI: Government is considering extending its cybersecurity push beyond CCTV cameras by introducing a similar regulatory framework for a wider range of internet of things (IoT) devices, including smart meters, amid concerns that these devices remain vulnerable as they are imported, mainly from China.While no final decision has been taken, discussions at the official…
