MUMBAI: A sharp deterioration in consumer sentiment alongside downgraded growth forecasts, rising inflation expectations and a weakening rupee has signalled a broad-based macroeconomic slowdown, according to the Reserve Bank’s May 2026 survey rounds, with both households and professional forecasters turning more cautious over the near-term outlook.Data from the May 2026 rounds of the Urban Consumer…
MUMBAI: The board of the Small Animal Hospital, India’s largest tertiary care veterinary facility and a cherished project of the late Ratan Tata, has been reconstituted following the exit of his close confidant Mehli Mistry, as the internal conflict engulfing Tata Trusts ripples into affiliated institutions.Sanjay Ubale, a former MD of Tata Realty & Infrastructure,…
Life Insurance Corporation (LIC) of India NEW DELHI: State-owned Life Insurance Corporation of India (LIC) is engaging with key financial regulators, including RBI and Sebi, to expand the availability of long-term investment instruments as inflows into its annuity products keep on rising, CEO and MD R Doraiswamy said.An annuity product converts an accumulated retirement corpus…
Geopolitical tensions in West Asia intensified further as military activity between Israel and Iran continued. (AI image) Stock market crash today: Nifty50 and BSE Sensex crashed in opening trade on Monday, with benchmark indices extending losses as weak global cues, relentless foreign investor selling and rising geopolitical concerns dented market sentiment.The broad sell-off erased more…
MUMBAI: Stock markets are expected to open weak on Monday on the back of the massive sell-off on Wall Street on Friday evening. As US stocks, especially the ones linked to the AI ecosystem, faced a huge sell-off, by late evening the Gift Nifty index, a proxy for Indian market for late trades, closed 1.5%…
MUMBAI: Giesecke+Devrient (G+D), the German security technology group spanning currency, digital payments and cybersecurity, is stepping up its India play with fresh investments of Rs 1,100 crore in 2026, localisation plans and a sharper focus on digital infrastructure, as it bets on the country’s dual-track growth in cash usage and digital adoption. The company is…
CHENNAI: With a network of 11 registered vehicle scrapping facilities (RVSFs) across 10 states, excluding the southern region, and the capacity to dismantle more than 1.9 lakh vehicles annually, Tata Motors stands to benefit from the Centre’s push to retire ageing commercial vehicles as India intensifies efforts to curb vehicular pollution.Last week, the Union cabinet…
“Indian equity markets are expected to open on a sharply negative note, with Gift Nifty trading at 23,134, down by 306 points, as Asian equities opened weak amid escalating geopolitical tensions and weakness in US technology stocks, weighing on overall risk sentiment. In the previous session, the Nifty 50 ended a range-bound session with a…
Top stocks to buy today (AI image) Stock market recommendations: Shriram Finance, Cummins India are the top stocks that Motilal Oswal Wealth Management Research Desk has recommended for the week starting June 8, 2026. The brokerage has also shared target levels and possible upside. Stock Name CMP (Rs) Target (Rs) Upside (%) Shriram Finance 923…
Gold prices continued to weaken on Monday, extending the decline seen in the previous session as investors grappled with growing expectations of higher US interest rates. At the same time, escalating tensions in the Gulf region pushed crude oil prices higher, adding to concerns that inflationary pressures could remain elevated. By 0124 GMT, spot gold…
