The Strait of Hormuz serves as a crucial channel for worldwide energy transportation. (AI image) Will the escalating Iran-Israel conflict cause an oil supply issue for India? Indian refiners are exploring alternative energy sources, including those from West African nations, to ensure fuel supply security in case Iran blocks the Strait of Hormuz amid escalating…
The ongoing Israel-Iran situation will keep defence and oil-related stocks under observation. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened on a choppy note on Tuesday. While Nifty50 was above 24,900, BSE Sensex was near 81,750. At 9:18 AM, Nifty50 was trading at 24,933.10, down 13 points or…
Representative image (Photo: ANI) NEW DELHI: When it comes to quantity (volume), South Delhi, associated with affluence, is India’s unrivalled consumption capital for fast-moving consumer goods. But West Delhi is the top spender on these goods, not only in the capital, but also in the country. What’s common: both prefer good old home-cooked meals, and…
French high end fashion group Kering appointed Luca de Meo, the man behind rescuing carmaker Renault from crisis, as its new chief executive to steer the company’s struggling flagship brand Gucci back on course.De Meo, 58, will officially take over in September, after shareholders approve of a new governance structure that separates the roles of…
Committed to Ladakh’s inclusive growth: FM Nirmala Sitharaman (Photo: PTI) LEH: Finance minister Nirmala Sitharaman, virtually inaugurated several development projects on Sunday in Leh, Ladakh, during her four-day visit to the Union Territory. The ministry of finance said this reaffirms Government of India’s commitment to inclusive growth and infrastructure development in the Union Territory of…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting June 16, 2025) are Home First Finance and Kaynes. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Home First Finance 1268 1500 18% KAYNES 5478 7300 33%…
Market experts anticipate continued pressure due to international market conditions. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday. While Nifty50 was above 24,750, BSE Sensex rose over 200 points. At 9:17 AM, Nifty50 was trading at 24,790.30, up 72 points or 0.29%. BSE Sensex…
Gold prices witnessed heightened volatility last week as escalating geopolitical tensions took center stage. (AI image) Gold price prediction today: Gold is back in focus amidst the ongoing Israel-Iran conflict which has added to its safe haven appeal in times of increased geopolitical tensions and uncertainties. Positive news on the US-China trade deal talks and…
Asian stock markets showed early signs of recovery on Monday following sharp losses last week triggered by intensifying hostilities between Israel and Iran. Investor sentiment remains cautious as the risk of prolonged conflict in the Middle East threatens oil supplies, inflation dynamics, and monetary policy outlooks globally. Brent crude prices surged by as much as…
The Central Board of Direct Taxes (CBDT) has launched a probe into possible tax evasion and laundering of unaccounted income through investments in virtual digital assets (VDAs), including high-risk VDA transactions and cryptocurrencies, sources in the government said on Thursday.The tax authority is currently verifying individuals and entities engaged in high-risk VDA transactions who appear…
