‘Fundamentally well supplied..’: Brent crude prices expected to average $70 in FY26 despite Israel-Iran conflict, says report

Representative image (Picture credit: ANI) Brent crude oil prices are projected to average around $70 per barrel in FY26 despite geopolitical turbulence in the Middle East, according to a report by Emkay Research. The agency said oil markets remain “fundamentally well supplied,” citing rising output from both OPEC+ and non-OPEC+ producers as key factors stabilising…

Read More

Sebi reforms REITs and InvITs norms to align disclosures, cut entry size; allow broader role for merchant bankers

The Sebi board on Wednesday approved a set of amendments aimed at improving ease of doing business for Real Estate Investment Trusts (REITs), Infrastructure Investment Trusts (InvITs), and merchant bankers. The key changes include greater cash-flow flexibility for REITs and InvITs, a sharper definition of public unitholding, harmonised reporting timelines, and a reduction in the…

Read More

Bomb hoax on Kochi-Delhi IndiGo flight

NAGPUR: A Delhi-bound IndiGo flight with 157 passengers on board made an emergency landing in Nagpur Tuesday after receiving a bomb threat, reports Shishir Arya. The flight, which originated from Muscat, was on its way to Delhi after its scheduled stop in Kochi.After a thorough scanning at Nagpur, the threat was declared a hoax. Apart…

Read More

BIS push on toy safety: India outpaces global norms, domestic firms gain global traction

India’s stricter toy safety standards have not only reduced consumer complaints but also helped domestic manufacturers expand exports, according to officials at the Bureau of Indian Standards (BIS).BIS Director Adbhut Singh said Indian norms, designed around local weather and usage patterns, surpass global benchmarks like ISO and IEC in areas including chemical, physical, and electrical…

Read More

Gold-silver rate today: Silver hits record Rs 1,07,425/kg on China demand, gold drops Rs 1,200/10g amid profit booking

Gold-Silver rate today: Silver futures surged to an all-time high of Rs 1,07,425 per kg on Tuesday, tracking strong global cues and optimism over rising industrial demand after better-than-expected retail data from China. In contrast, gold prices corrected sharply by Rs 1,200 amid profit-taking.On the Multi Commodity Exchange (MCX), July silver contracts rose Rs 860…

Read More

Derivatives expiry shuffle gets Sebi nod: NSE to shift to Tuesday, BSE to take Thursday from September 1

The National Stock Exchange (NSE) and BSE will swap their weekly derivatives expiry days starting September 1, after receiving approval from the Securities and Exchange Board of India (Sebi). NSE will move to Tuesday expiries, while BSE will shift to Thursday.The change comes as part of Sebi’s directive to standardize equity derivatives expiries to only…

Read More

Crude oil demand set to decline in 2030: IEA sees first drop since Covid, supply growth to be led by US and Saudi Arabia

Global oil demand will decline slightly in 2030 for the first time since the 2020 Covid shock, the International Energy Agency (IEA) said on Tuesday, as slower economic growth, electric vehicle adoption, and energy transition efforts reshape the market.In its annual Oil 2025 outlook, the Paris-based agency forecast that global oil consumption would peak at…

Read More