India imports a big portion of its LPG and LNG needs and has been looking to step up procurement from alternative sources. (AI image) Amid Strait of Hormuz-linked supply disruptions, India has reportedly sought a waiver from the US for buying liquified natural gas (LNG) from Russia. According to a Reuters report, India has approached…
Despite the sharp rise in global oil prices, retail fuel rates have remained unchanged. (AI image) Petrol and diesel prices have been in focus since the start of the US-Iran war which has led to a huge rise in global crude oil prices. Several neighbouring countries have either raised petrol prices or rationed its use….
Gold is moving from the mid-band toward the upper band, suggesting strengthening momentum. (AI image) Gold price prediction today: Gold prices are seeing a steady recovery and Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities recommends a buy on dip strategy.Gold futures on MCX are trading near ₹1,45,500 after witnessing a steady…
As the Middle East conflict continues to disrupt global oil supplies, the Centre has stepped in to ensure better fuel availability for citizens. In a bid to cushion local consumers from the ripples, the government has imposed fresh duties on fuel exports while easing the domestic excise duties. Finance minister Nirmala Sitharaman announced that export…
The weakening of the dollar made bullion, which is priced in the greenback, more affordable for investors using other currencies. “For weeks, gold has been treated as a liquidity asset sold to cover volatility and margin calls elsewhere, but at current levels, it is now looking more like a value proposition for investors, which is…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex dropped in opening trade on Friday as US-Iran war tensions and crude oil prices continued to weight on sentiment. While Nifty50 went below 23,100, BSE Sensex was down over 800 points. At 9:16 AM, Nifty50 was trading at 23,045.55, down 261 points or…
Government has revised its fuel duty structure, lowering the special additional excise duty on petrol to Rs 3 per litre while removing it entirely on diesel. The decision comes against the backdrop of ongoing disruptions in global oil supply chains due to the conflict in the Middle East, where Iran continues to tighten control over…
Oil prices cooled down on Friday, after US signalled negotiations with Iran were ‘going very well’ and pushed the deadline with the country for 10 days. Both benchmarks, Brent crude and West Texas Intermediate (WTI) were down 2%. Brent crude touched $108 per barrel before easing to $105.75 per barrel, down 2.08%. West Texas Intermediate…
Top stocks to buy today (AI image) Stock market recommendations: Granules India, and RBL Bank are the top two stocks that Bajaj Broking Research has recommended for March 27, 2026. Views on Nifty, and Bank Nifty have also been shared:Index View: NiftyIndian benchmark indices staged a strong rebound over the past two trading sessions, driven…
UBS has a neutral rating on Cipla with the target price cut to Rs 1,400, from Rs 1,750 earlier. Analysts said the company’s growth drivers are intact but supply headwinds weigh on near-term outlook. A healthy product pipeline to drive FY28 earnings for Cipla. However, there is a lack of near-term catalysts. They feel a…
