Ongoing conflict in the Middle East might have a direct impact on India’s economy. According to NITI Aayog, the Iran war poses risks to New Delhi’s trade and macroeconomic landscape, putting pressure on the current account deficit (CAD) and the exchange rate. In its quarterly report Trade Watch Oct–Dec (Q3) FY 2025-26, released on Monday,…
US stocks today: Wall Street fell in red on Monday, as uncertainty over the Middle East conflict intensified after Iran’s closure of the Strait of Hormuz after a brief reopening. Dow Jones dipped 10 points to 49,437 while Nasdaq tumbled 100 before recovering to 54 points or 0.2% to 24,413. S&P 500 was also down,…
Planning a trip this summer but worried about the rush to secure train tickets? You might want to relax as Indian Railways is preparing for the seasonal rush. If you’re travelling between April and July, chances are you’ll find a seat. Anticipating a sharp rise in passenger demand, Indian railways has announced a wide network…
Dalal Street ended Monday’s session on a flat note, as investors remained cautious amid rising geopolitical tensions and a surge in crude oil prices. Benchmark indices Nifty50 and Sensex managed to bag gains, ending the day marginally higher. The 30-share BSE Sensex inched up by 26.76 points, or 0.03%, to close at 78,520.30. The index…
In upcoming years, India’s transmission and distribution (T&D) sector is expected to see steady growth, lifted by investment of almost Rs 9 trillion or Rs 9 lakh crore through 2032. According to a report by Motilal Oswal Financial Services, the current investment cycle, which began in FY22-23, has already improved performance across the sector.It noted…
Iran has closed the Strait of Hormuz again. (AI image) Open, closed, closed but open – the Strait of Hormuz has become the center of the ongoing US-Iran conflict and its blockade a key factor in pressure tactics from both sides. The Strait of Hormuz is a critical channel for nearly one-fifth of global oil…
Prime Minister Narendra Modi and South Korean President Lee Jae Myung engaged in high-level talks on Monday at Hyderabad House, focusing on strengthening bilateral ties. The meeting was followed by the exchange of Memorandums of Understanding between the two sides, witnessed by both leaders. External affairs minister S Jaishankar and his South Korean counterpart Cho…
Indian workers are putting in fewer hours weekly compared to pre-pandemic levels, with self-employed individuals seeing the steepest decline. This trend, alongside modest real earnings growth, suggests lower aggregate demand and a recovery driven by a select few. Women’s increased labor force participation, particularly in rural agriculture, indicates distress-led employment. NEW DELHI: Indian workers put…
Top stocks to buy (AI image) Stock market recommendations: APL Apollo Tubes, and HDFC Asset Management Company are Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities’ top stock picks for this week. Below are his stock picks and also views on Nifty.Nifty ViewThe benchmark index Nifty continues to inch higher; however, this phase…
Gold is trading in a broad range. Price recently tried to break out of a sideways band (~152,800–154,500) and tested the upper Bollinger Band. (AI image) Gold price prediction today: Gold prices are expected to continue being volatile in the coming days on uncertainty related to the US-Iran war and inflation data this week, says…
