Finance Minister Nirmala Sitharaman on Monday said India stands out in debt management among major economies, with an overall debt-to-GDP ratio of about 81%, even as the global economy faces rising volatility and uncertainty, PTI reported.Speaking at an event organised by the National Institute of Public Finance and Policy (NIPFP), Sitharaman warned that the ongoing…
JPMorgan Chase CEO Jamie Dimon has warned that the ongoing war in Iran could trigger oil and commodity price shocks, keeping inflation elevated and pushing interest rates higher than current market expectations, Reuters reported.The warning came in his annual letter to shareholders, a day after US President Donald Trump escalated pressure on Iran by threatening…
The Supreme Court of India on Monday declined to stay proceedings in a plea filed by Vedanta Limited challenging the approval of AdGroup’s resolution plan for the takeover of insolvent Jaiprakash Associates Limited.A Bench led by Chief Justice of India Surya Kant observed that since the appeal is likely to be decided shortly by the…
India is stepping up efforts to secure fertiliser supplies, with plans to import 2.5 million metric tonnes of urea as it works to stabilise availability in the domestic market amid tightening conditions linked to the US-Israeli war with Iran.This comes as ongoing tensions in the Middle East have been disrupting global energy flows and shipping…
Saudi Arabia has raised the price of its main crude grade for Asian buyers to a record high, as the Middle East conflict enters its sixth week and continues to disrupt global energy flows worldwide.The kingdom’s oil giant Saudi Aramco has set the cost of its Arab Light crude for May sales to Asia at…
Why are bond yields rising?Bond yields are climbing due to a combination of rising crude oil prices and a weakening rupee, both of which add to inflationary pressures. India’s 10-year benchmark yield has risen to around 7% from 6.68% a month ago. Crude oil prices have surged to $115–$120 per barrel, and with India importing…
Rupee stood firm on Monday, gaining 33 paise to reach 92.85 against the US dollar in early trade. This follows intervention by the Reserve Bank of India, as the bank stepped in to support the currency. The RBI tightened norms to curb speculative positions and capped banks’ net open positions at $100 million, even as…
Stock market began the week in red as tensions in the Middle East continue to intensify and benchmark indices tumble over 0.2%. While NSE Nifty50 opened below 22,800, BSE Sensex tumbled over 300 points. Around 9:25 am Nifty50 traded at 22,666.90, down 46 points or 0.2%. The 30 share pack Sensex also slipped 197 points…
Oil prices began the week on a strong note, maintaining above the $100 per barrel mark on Monday, as the ongoing Middle East conflict continues to disrupt energy supply routes and unsettle global markets.In early trade, US benchmark West Texas Intermediate (WTI) climbed 1.86% to $113.62 per barrel. North Sea Brent crude also edged higher,…
As many as 38 companies, including SBI Funds Management and Manipal Health Enterprises, filed preliminary IPO papers with Sebi in March, signalling improving issuer sentiment even as regulatory timelines contributed to the surge. This marks a sharp jump from 22 filings in March 2025 and 16 in March 2024, data from Sebi showed, indicating a…