India’s economic growth beat RBI predictions in FY26 Q1 The Indian economy likely achieved a robust growth rate between 6.8 per cent and 7 per cent in the initial quarter of the current fiscal year, surpassing the Reserve Bank of India‘s projection of 6.5 per cent, according to State Bank of India (SBI) analysis.According to…
India’s oil import map has changed with Russia gaining significant ground (AI image) Russia’s increasing dominance in India’s oil imports has altered trading dynamics but the position of major suppliers from the Middle East has been mostly maintained.Iraq, Saudi Arabia and the UAE remain primary suppliers, while smaller exporters have seen their market presence shrink,…
Gold prices expected to rise (AI-image) Gold prices may scale another record by the end of this year, with Comex futures projected to hit $3,600 per ounce, according to Ventura Securities. The brokerage attributed the rally to global economic headwinds, geopolitical risks and robust investment demand, as reported by PTI.“With inflationary pressures, a softening US…
Gold price prediction: MCX Gold has declined by 1.60% this week, indicating a continuation of the ongoing correction phase. (AI image) Gold and silver price prediction today: Gold prices have been dipping and a key support level is seen to be Rs 97,000. MCX Silver is also witnessing selling pressure. Abhilash Koikkara, Head – Forex…
Image used for representative purposes India’s Nayara Energy Ltd., facing EU sanctions, has adapted by utilizing dark-fleet tankers for transport and limiting its crude import options to maintain operations.Indian government has expressed concern about potential disruptions to oil flows affecting national energy security. They have authorised at least one coastal tanker recently to assist the…
India-China relations seem to be improving (AI image) India could ease visa restrictions for Chinese business professionals, signalling improved bilateral relations. This will enable executives from companies like Vivo, Oppo, Xiaomi, Byd, Hisense and Haier to enter India after a nearly five-year hiatus, according to government and industry officials, quote by Economic Times. The officials…
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Godawari Power and Ispat Limited, Amara Raja Energy & Mobility Ltd, and HDFC Life are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the…
Minutes from the US Federal Reserve’s late July policy meeting revealed that a majority of officials viewed upside inflation risks as more significant than employment concerns, highlighting internal disagreements over the economic impact of President Donald Trump’s tariffs. “A majority of participants judged the upside risk to inflation as the greater of these two,” the…
MUMBAI: Indian companies are considering cross-border acquisitions, establishing manufacturing facilities in low-tariff nations like the UAE and Mexico, and ramping up investments in the US to navigate America’s new business barriers.While they have been on the prowl for overseas acquisitions, the new US tariffs would accelerate their efforts, particularly for those affected by such duties.“The…
Mumbai: Uncertainty over US President Donald Trump‘s tariffs and external demand clouded the Monetary Policy Committee’s assessment of the future path of growth and inflation, prompting it to hold back further easing after 100 basis points (bps) of cuts since Feb (100 bps = 1%). The committee kept the repo rate unchanged at 5.5% with…
