Oil prices today: Crude eases after spike as Trump, Netanyahu seek to ease concerns over Iran war

Global crude prices edged lower on Friday after a continued surge, as statements from US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu helped ease market concerns over further escalation in energy infrastructure attacks.Brent crude slipped toward $107 a barrel after its highest close since July 2022, while West Texas Intermediate (WTI) for May…

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Gold, Silver Rate Today Live Updates: Gold, silver prices under pressure as oil prices stay high amid US-Iran war

Gold, Silver Price Today Live: Gold, silver prices under pressure Gold and silver extended their decline on Thursday, pressured by mounting concerns over global inflation, according to Gaurav Garg, Research Analyst at Lemonn Markets Desk. He noted that escalating geopolitical tensions linked to the ongoing US-Iran conflict have heightened fears of disruptions to oil supplies,…

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SBI MF files draft papers for 13k cr IPO

MUMBAI: SBI Mutual Fund, the largest fund house in India, on Thursday filed for its much-awaited public offering, expected later in the year. Through this offer, the two sponsors of the fund house-SBI and Amundi (of France)-are selling 6.3% and 3.7% stakes, respectively.The two sponsors of the fund house are expected to garner a total…

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Chairman’s abrupt exit sinks bank’s stock by 5%

MUMBAI: The sudden exit of Atanu Chakraborty, HDFC Bank non-executive chairman late on Wednesday, unnerved several of the lender’s shareholders and fund managers as it came at a time when the war in West Asia has been weighing heavily on investor sentiment. The news of Chakraborty’s resignation led to a 8.4% crash in its stock…

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HDFC board, RBI, govt enter firefighting mode

MUMBAI: A day after HDFC Bank‘s non-executive chairman Atanu Chakraborty resigned citing concerns over practices inconsistent with his values and ethics, regulators, the bank’s board and management and the govt moved swiftly to contain a governance scare.Seeking to steady sentiment, newly appointed interim chairman Keki Mistry struck a firm tone while addressing analysts and reporters….

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