The rupee weakened by 10 paise to settle at a fresh record low of Rs 92.40 (provisional) against the US dollar on Monday amid surging crude oil prices and incessant withdrawal of foreign funds triggered by geopolitical uncertainties, PTI reported.The local currency, however, resisted a sharper fall as domestic equity markets staged a significant recovery…
Vedanta Ltd on Monday said its committee of directors has approved raising up to Rs 2,575 crore through the issuance of non-convertible debentures (NCDs), as the company looks to diversify funding sources and strengthen its balance sheet.According to a filing with the BSE, the panel has cleared the allotment of 2,57,500 unsecured, redeemable, rated and…
Oil Above $100, Markets in Red: How the Iran War Triggered a $240 Billion Shock for Indian Investors India’s stock markets have suffered a sharp setback as escalating conflict in West Asia triggered a wave of global financial uncertainty, sending investors rushing out of riskier assets and wiping out billions of dollars in market value.Estimates…
India’s combined merchandise and services exports reached $76.13 billion in February 2026, marking an 11.04%increase from $68.56 billion in February 2025, the commerce ministry said on Monday. At the same time, imports surged even more sharply, rising 21.61% to $80.09 billion from $65.84 billion a year earlier. This led to a widened overall trade deficit…
In early February, India and the US announced a trade deal framework under which the US cut tariffs on Indian exports to 18%. (AI image) India-US trade deal update: Amidst ongoing uncertainty related to tariffs under the Donald Trump administration, Commerce Secretary Rajesh Agrawal has shared an update on the India-US trade deal. The official…
Nomura has also trimmed its year end forecast for the Nifty 50, lowering the target to 24,900 from 29,300. (AI image) US-Iran war shock for stock markets: Brokerages Citi Research and Nomura have lowered their year end forecasts for the key benchmark index Nifty50, pointing to growing risks to economic growth and corporate earnings as…
Gold started the week on a shaky note, slipping Rs 2,225 to hit Rs 1.56 lakh per 10 grams in Monday’s futures trade, dragged down by a firm US dollar and weak overseas markets. On the Multi Commodity Exchange, April gold contracts fell 1.4% to Rs 1,56,241 on a turnover of 7,881 lots. “Rising energy…
Stock market outlook (AI image) Stock market recommendations: Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities shares his view on Nifty, Bank Nifty and top sectors in focus amid the ongoing Middle East conflict and US-Iran war. Here is his view for the week starting March 16, 2026. Nifty ViewThe sell-off on Dalal…
Gold on the domestic front on the daily chart is witnessing a short-term corrective phase after a strong uptrend. (AI image) Gold price prediction today: Gold prices are supported by the underlying geopolitical negative sentiment but the gains are capped, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold declined last…
NEW DELHI: India’s meat exporters are facing logistics disruptions and sharply rising freight costs due to the ongoing West Asia conflict, even as demand from the region remains largely stable, industry representatives said.Secretary general of the All India Meat & Livestock Exporters Association (AIMLEA), RK Boyal, told TOI that exporters do not see any major…
