Rupee has spent months reacting to every twist in the Middle East conflict and every jump in global crude oil prices. But analysts now believe that the currency could be entering a more stable phase, with no sharp depreciation expected ahead of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting in August….
The government has not estimated how many vehicles in India are fully compatible with E20 fuel, Parliament was informed on Monday. It, however, maintained that the ethanol blending programme is backed by scientific studies and consultations with automobile manufacturers and technical institutions.Responding to a query, minister of state for petroleum and natural gas Suresh Gopi…
The market rebound was also supported by value buying after Indian equities witnessed a steep correction over the previous week. Stock market today: BSE Sensex and Nifty50 snapped their five day losing streak on Monday to rally strongly and finish in green. BSE Sensex closed the day at 76,835.78, up 776 points or 1.02%. Nifty50…
Stock Market Today Live Updates: Market benchmark indices Sensex and Nifty rebounded in early trade on Monday following a sharp decline in crude oil prices amid easing tensions in the West Asia. The 30-share BSE Sensex jumped 566 points to 76,608.66 in early trade. The 50-share NSE Nifty surged 153.60 points to 23,923.30. Brent crude,…
The Reserve Bank of India’s concessional swap facility could attract $80-85 billion in foreign currency inflows, led by strong Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, according to an SBI research report released on Monday.The report, Ecowrap, said the RBI’s swap scheme has already brought in nearly $20 billion in inflows by July 17, providing a…
Missing the due date or failing to file altogether can have far-fetched consequences, including losing certain tax benefits also. ITR filing FY 2025-26: For individuals who have still not filed their income tax return for AY 2026-27 – the clock is ticking as the July 31, 2026 deadline approaches. Those with professional or business income…
CXMT is China’s leading producer of dynamic random-access memory (DRAM) chips. (Reuters photo) A Chinese company has just debuted on the stock market with a 500% gain after raising a record number in Asia’s biggest public offering so far this year. Meet China’s CXMT – it’s the country’s most valuable listed company – a chipmaker…
Before the war, Russian oil was available at discounts of around $2 per barrel. Russian oil which remained the mainstay of India’s crude procurement strategy since the US-Iran conflict began has swung from being available at high premiums to discounts and back at premiums again as the Middle East conflict situation has evolved.The conflict in…
Stock market recommendations: Hindustan Aeronautics Ltd (HAL), and United Spirits Ltd have been identified by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities as the top stocks to buy this week starting July 27, 2026. He has also shared his views on Nifty and Bank Nifty: Stock recommendations: Hindustan Aeronautics LtdHAL has delivered…
Technically, gold appears to be forming a base after the recent decline, with buyers gradually regaining control. Gold price prediction today: Gold prices have staged a recovery as geopolitical tensions show signs of abating, but the gains are likely to be limited ahead of the US Federal Reserve’s policy this week, says Manav Modi, Senior…
Rupee began Monday on a stronger note against the US dollar, supported by a sharp decline in crude oil prices, a weaker dollar overseas and improving global sentiment after the US and Iran indicated a pause in Middle East hostilities.The currency appreciated 28 paise to trade at 96.25 against the greenback. Forex traders said the…
Top stocks to buy this week Stock market recommendations: Federal Bank, and TVS Motors – Motilal Oswal Wealth Management Research Desk has recommended these two stocks as the top stock picks for the July 27, 2026 week: NAME CMP (Rs) TP (Rs) Upside (%) Federal Bank 354 400 13% TVS Motors 3869 4,470 16% Federal…
Gold, silver price today: Global gold and silver prices rebound after volatile week International bullion markets also traded on a stronger footing in the previous week, despite sharp fluctuations driven by geopolitical developments. Comex gold futures for August delivery advanced by $52, or 1.3%, to settle at $4,070.8 an ounce in New York. Silver witnessed…
MUMBAI: Tata Sons’ annual general meeting, scheduled for next month, faces a potential roadblock from a quorum requirement in its articles of association (AoA). A key item on the agenda is the reappointment of chairman N Chandrasekaran, who retires by rotation at the AGM.Article 86 of Tata Sons’ AoA requires at least five members to…
A booth for Chinese AI Startup Moonshot’s Kimi K3 during the World AI Conference in Shanghai HONG KONG: China has a hot new product in the United States: artificial intelligence.San Francisco-based Raffi Krikorian, the chief technology officer at Mozilla, which runs the Firefox browser, switched to Chinese AI startup Moonshot’s Kimi K3 for many of…
MUMBAI: When SBI Life launched operations with the country’s first bancassurance-led business model, it was powered by its JV partner BNP Paribas’ insurance arm Cardif. Now the French insurer’s aim is to replicate the same model in IndiaFirst Life Insurance through its partners Bank of Baroda and Union Bank.Last weekend, BNP Paribas Cardif entered into…
BENGALURU: French labour authorities fined Infosys €175,000 (around Rs 2 crore) because its employee time-recording system did not comply with local labour laws.In a stock exchange filing, the IT services company said it received a communication from DRIEETS Ile-de-France, the regional French labour authority, imposing the penalty.The regulator found that Infosys’ time-tracking system did not…
NEW DELHI: Coming month is likely to witness an IPO rush with more than a dozen companies, including Zepto, Truhome Finance and logistics platform Shiprocket, gearing up to launch their initial share-sale. The upcoming issues, expected to collectively raise over Rs 25,000 crore, include a mix of fresh equity issuances and offer for sale (OFS)…
MUMBAI: India’s cyber-fraud landscape is undergoing a decisive shift, with fraudsters moving away from remote takeover of devices to real-time social engineering, where victims themselves execute transactions under live phone instruction, even as a sprawling network of mule accounts enables the laundering of proceeds.According to the July 2026 report by Biocatch (a company that assists…
After ending the previous week on a stronger note, gold and silver are now headed into a week packed with major domestic and geopolitical events. The US Federal Reserve’s interest rate decision, movements in crude oil prices and the evolving US-Iran conflict will be the key drivers for bullion in the days ahead, according to…
