Renewed attacks and tensions between the US and Iran have once again de facto closed the Strait of Hormuz. Strait of Hormuz disruptions: Two Indian state-run refiners have cancelled plans to pick up Iraqi crude oil shipments in view of the ongoing disruptions and risks in transiting through the Strait of Hormuz in the Middle…
Air taxi (representative image) The US Federal Aviation Administration (FAA) is stepping up efforts to support the deployment of air taxis, supersonic passenger aircraft, drones and commercial space launches, as it looks to modernise aviation regulations and accelerate the adoption of next-generation technologies.Speaking to Reuters at the Farnborough International Airshow, FAA deputy administrator Chris Rocheleau…
Like the Strait of Hormuz, the Bab el-Mandeb Strait is a strategically important maritime shipping route. In March 2026, India was faced with an unprecedented oil supply and price shock. Four months from then, India has managed to successfully secure its crude supplies through a diversified procurement basket relying mainly on Russian crude to tide…
Sensex falls 443 points as HDFC Bank, Axis Bank drag markets lower Benchmark equity indices ended lower on Monday, weighed down by sharp losses in HDFC Bank and Axis Bank following their quarterly earnings, while renewed US-Iran tensions also dampened investor sentiment. The BSE Sensex fell 442.93 points, or 0.57%, to close at 77,708.52 after…
SBI Funds Management entered the stock market after attracting robust institutional demand. SBI Funds Management stock listing: Years of employee stock ownership at SBI Funds Management is poised to generate multi-crore wealth for several executives as the country’s largest asset management company enters the stock market. Based on the IPO issue price of Rs 574…
Gold price prediction today: Gold prices continue to be under pressure and downside risks remain, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
Prime Minister Mark Carney on Tuesday said that US President Donald Trump‘s decision to impose fresh 50% tariffs on select Canadian goods is a “direct violation” of the Canada-United States-Mexico Agreement (CUSMA).He further said that the government would continue to support the country’s workers, businesses and families. His remarks came after Trump’s latest tariffs targeted…
Rupee depreciated 6 paise to 96.42 against the US dollar in early trade on Tuesday pressured by heightened geopolitical tensions, a stronger US dollar and elevated crude oil prices.At the interbank foreign exchange market, the local currency opened at 96.41 and slipped to 96.42, compared with its previous close of 96.36 against the greenback, according…
MUMBAI: An arm of NSE, the largest stock exchange in India by turnover, has launched an index constituting stocks of companies from among Nifty 500 companies that do not intentionally harm animals while carrying out their regular business. Named Nifty 500 Ahimsa Index, the gauge is aligned with principles of non-violence, the exchange said through…
MUMBAI: Building for startups as employees can come with their own competitive advantage—young ventures being set up by such tech professionals are finding favour with venture capital (VC) investors who are infusing funds into their companies even though the broader flow of investments continues to be selective.VCs are betting on experience here. The number of…
CHENNAI: Hyundai Motor India (HMIL) is laying the groundwork for its next phase of growth in the EV market, where competition is gradually shifting towards affordable, mass-market models. The company is expanding its charging infrastructure and deepening localisation of components ahead of the launch of its first mass-market electric SUV, slated for this fiscal.The company…
MUMBAI: Indian markets closed lower on Monday as fluctuating crude prices and global risk-off cues weighed on sentiment, with the sensex falling 443 points or 0.6% to 77,709 and the Nifty declining 96 points or 0.4% to 24,239, while the rupee weakened to 96.45 against the dollar from 96.28.Banking stocks led the decline after mixed…
