New Delhi: Oil marketing companies are under-recovering Rs 750 crore a day on the sale of petrol, diesel and domestic LPG cylinders below market prices, govt said on Monday.Before the price of petrol and diesel was raised by Rs 3 per litre late last week, the under-recoveries incurred by OMCs were estimated at Rs 1,000…
Trading in Electronic Gold Receipts (EGRs) on the National Stock Exchange (NSE) begins from May 18, marking a significant change in India’s organised gold market and offering investors a new way to buy and hold the precious metal in digital form, ET reported.The market will operate from Monday to Friday between 9 am and 11:30…
Petrol and diesel became Rs 3 costlier last week, and your monthly budget is set to feel a little heavier. The ongoing conflict in the Middle East has pushed global fuel prices higher, tightening energy supplies, with countries adopting a range of measures to manage the pressure.In India, the government raised fuel prices for the…
India’s overall merchandise exports increased 13.8 per cent year-on-year in April 2026, largely supported by petroleum exports. (AI image) India’s import burden started climbing in April 2026, with the country’s merchandise trade deficit widening to $28.4 billion, compared with nearly $27 billion in April 2025 and $20.7 billion in March 2026. The expansion in the…
Top stocks to buy (AI image) Stock market recommendations: Bharti Airtel, and Kirloskar Oil Engines are the top stocks that Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities recommends buying for this week (starting May 18, 2026). The analyst also shares his views on Nifty and Bank Nifty:Nifty ViewAfter trading within a tight…
Technically, immediate resistance is placed at ₹1,60,800–1,61,800, which coincides with the upper Bollinger Band and short-term supply zone. (AI image) Gold price prediction today: Gold prices are expected to move towards consolidation in the coming days as well, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold has entered a crucial…
Gold prices tumbled to their weakest level in more than a month on Monday as rising oil prices and fresh Middle East tensions shook investor confidence, pushing traders away from the safe-haven metal.Spot gold fell 1.1% to $4,488.99 per ounce, its lowest since March 30, while US gold futures for June slipped 1.5% to $4,493.30.Pressure…
Top stocks to buy today (AI image) Stock market recommendations: Motilal Oswal Wealth Management Research Desk recommends picking up Syrma SGS, and Max Financials as the top stocks for the trading week starting May 18, 2026: Stock Rating CMP (Rs) Target (Rs) Upside (%) Syrma SGS Buy 1016 1300 28% Max Financials Buy 1601 1980…
Jefferies has a buy rating on Bharti Airtel with the target price raised to Rs 2,350 from Rs 2,250. Analysts said the telecom major’s Jan-March quarter (Q4FY26) revenues and earnings before interest, taxes, depreciation, and amortisation (EBITDA) beat analysts’ estimates, but normalised profits missed estimates. India mobile average revenue per user (ARPU), strong growth in…
NEW DELHI: Around half of India’s online fashion and beauty shoppers are now Gen Z, and platforms are rapidly realigning to keep pace. Significantly, the cohort also boasts 1.5x the e-retail spend share on categories such as lifestyle, beauty, and electronics compared to other age groups, driving growth in a market that has more than…
