The ongoing crisis in the Middle East continues to rattle financial markets worldwide, sending shockwaves to oil baskets, stock markets and currencies. Rupee is no stranger to the impact! Over the past one year, the currency has continuously slipped to its record lows, first hitting 90 and then eventually beyond the 93 per US dollar…
The Strait of Hormuz is a crucial passage linking oil and gas producers in the Persian Gulf to global markets. (AI image) India’s immediate LPG crisis seems to be easing with tankers coming in and domestic production stepped up to meet needs. Two more Indian-flagged ships carrying liquefied petroleum gas (LPG) are currently transiting the…
Top stocks to buy (AI image) Stock market recommendations: Coal India, and JB Chemicals and Pharmaceuticals stocks that Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities recommends buying for the week starting March 23, 2026. There is also a detailed analysis on Nifty and Bank Nifty:Nifty ViewMarkets tend to have very little tolerance…
KOLKATA: Mounting uncertainties over global energy supply amid tensions in West Asia have prompted the Centre to explore fresh measures to manage domestic LPG availability, such as providing lesser volume of the fuel in refilled cylinders and further extending the waiting period for ordering a refill.Currently, each domestic cylinder contains 14.2kg LPG. Sources said the…
As tensions in the Middle East stretch into their fourth week, shockwaves are now being felt across global markets and gold is no exception. The precious metal has taken a sharp hit, tumbling to its steepest weekly fall in nearly four decades, with prices reaching $4,354 per ounce.The fall marks a swift retreat from levels…
The ongoing war in the Middle East has triggered an energy crisis for the world and “no country is immune” to its shockwaves, the International Energy Agency (IEA) warned on Monday. Addressing the National Press Club in Australia’s capital, Birol said the current situation has evolved into an unprecedented disruption, combining multiple shocks to oil…
Stock market today (AI image) Stock market crash today: Nifty50 and BSE Sensex plunged in opening trade on Monday with oil prices continuing to remain Hugh amid the ongoing US-Iran war. While Nifty50 went below 23,000, BSE Sensex dropped over 1,300 points. At 9:17 AM, Nifty50 was trading at 22,698.55, down 416 points or 1.80%….
Nomura has a buy rating on Petronet LNG with the target price cut to Rs 340 from Rs 370. Analysts said the crisis in West Asia may hurt the company’s near-term volumes. They cut the company’s FY27 earnings before interest, taxes, depreciation and amortisation (EBITDA) by 23% as Ras Laffan may take months to come…
MUMBAI: The recent steep rise in the price of gold has catapulted the total estimated value of the yellow metal with Indian households to over $5 trillion, pegging it at about 125% of the country’s GDP. However, this massive gold purchase year after year “represents a conversion of financial savings (bank deposits) into physical assets….
NEW DELHI: The proposed India-EU free trade agreement (FTA) is expected to improve access to technology and create new opportunities for localisation and exports, Skoda Auto Volkswagen India MD and CEO Piyush Arora told TOI. “The FTA strengthens our strategy of developing products in India for the Indian market, while also creating opportunities for exports……