As tensions rise in the Middle East, US President Donald Trump has suggested that the United States could take control of Iran’s oil, saying he looks at it from a business point of view and that the spoils belong to the “winner”. Speaking at the White House, Trump said, “if I had my choice, I’m…
Godrej Consumer Products Ltd. expects costs to rise 6% to 9% if crude oil prices holds at $100 to $110 a barrel and palm oil prices hover between 4,500 and 4,800 Malaysian ringgit per tonne. Godrej Consumer Products retails FMCG goods, which have seen a reduction in GST rate to 5% as part of a…
Aviation giant Air India group on Tuesday revised its fuel surcharge across domestic and international routes, as Middle East tensions continued to weigh oil supplies across the globe. The move follows the decision by the ministry of petroleum & natural gas and the ministry of civil aviation to cap the increase in domestic aviation turbine…
India had obtained a six-month exemption from US sanctions for the Chabahar Port in October 2025. India’s strategic investment in Iran’s Chabahar Port is back in focus as the sanctions waiver granted by the US comes to an end soon. India is in discussions with both the United States and Iran to protect its strategic…
The Reserve Bank of India is likely to maintain status quo on repo rate in its first monetary policy decision since the Iran war, as it grapples with a sharply weaker rupee while trying to support economic growth. Investors will focus on RBI Governor Sanjay Malhotra’s 10 am speech for cues on the monetary policy…
Rivals OpenAI, Anthropic PBC, and Alphabet Inc.’s Google have begun working together to try to clamp down on Chinese competitors extracting results from cutting-edge US AI models to gain an edge in the global AI race. Only a handful of countries—the United States, the Netherlands and Japan—have specialised tools required to produce AI chips. The…
The Supreme Court, on Tuesday, issued a decision regarding the classification of bank accounts as fraud. The apex court ordered that banks are not obligated to grant customers a personal oral hearing before declaring their accounts as fraud. However, prior to labelling them, banks must provide customers with a forensic audit report.The ruling follows submissions…
The Centre took another step towards easing availability of fuel for migrant workers across the country, doubling the allocation of 5-kg Free Trade LPG (FTL) cylinders to states. In a notification issued late Monday, the ministry of petroleum and natural gas informed that the the move is based on the average daily supply to migrant…
Top stocks to buy (AI image) Stock market recommendations: Multi Commodity Exchange, Godrej Properties, and Bharat Dynamics Ltd are the top stocks that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan recommends buying on April 7, 2026. Below is a detailed analysis:Multi Commodity Exchange: Buy in the range between Rs 2540 & Rs 2545;…
Building a diversified investment portfolio is important for reducing risk and earning risk-adjusted, optimum returns. A multi-asset allocation mutual fund and a multi-cap mutual fund; both can help you build a diversified investment portfolio. However, there are differences between the two mutual funds. In this article, we will understand the difference between these two types…
