Written by: Heena Ojha Updated Jun 5, 2026 15:24 IST MOSL further noted that pulses, oilseeds and coarse cereals remain structurally vulnerable due to weak irrigation. (Image: AI generated/ ET Now Digital) Urban consumption is expected to remain resilient and potentially outperform rural demand in FY27, as macro headwinds tied to monsoon uncertainty and rising…
Indian equity markets erased all morning gains, with benchmark Sensex and Nifty closing in the red following RBI’s hawkish stance, with a wait-and-watch approach offsetting the impact from falling oil prices and Treasury bond yields. 30-share BSE Sensex dipped 116.67 points or 0.16 per cent to end at 74,243.34, while NSE Nifty slipped 49.85 points…
That combination, slowing growth alongside persistent inflation, significantly complicates the outlook for policymakers. Cardillo noted that expectations of rate cuts may need to be recalibrated. “That just changes the prospects in terms of any rate cuts on a global basis,” he explained, adding that the European Central Bank could soon turn more hawkish. “It’s very…
The Reserve Bank of India’s (RBI) latest policy measures may help stabilise the rupee and reduce panic in financial markets, but they are unlikely to trigger a sustained return of foreign investor flows unless growth and earnings prospects improve, according to Dhiraj Agarwal, Managing Director of Ambit Investment Managers, which managed assets worth ₹2,117.37 crore…
Sarmeeli Mallick is a senior journalist with nearly a decade of experience in digital journalism. With a master’s degree in Journalism and Mass Communication from Utkal University, Bhubaneswar, she has a proven track record of impactful reporting, having filed over 19,000 news stories since beginning her career in May 2016. Her diverse background, rooted in…
Bluspring Enterprises Ltd shares surged as much as 17.3% during Friday’s session after the company announced that its wholly owned step-down subsidiary, STEAG Energy Services (India) Private Ltd, had secured a major operations and maintenance contract from Bharat Aluminium Company Ltd (BALCO). In a regulatory filing, the company said STEAG Energy Services had been awarded…
Caterpillar shares hit record highs, up 61% YTD and 165% in 12 months, with strong demand and AI infrastructure tailwinds supporting bullish technical targets. Buying a stock at an all-time high is never easy. Human nature tells us we missed it. We fear that the easy money has already been made, and that a pullback…
Defence Stocks in focus: India’s defence surge boosts IdeaForge, BEL and Paras Defence amid rising drone opportunities (Image: AI/ET Now) Highlights Operation Sindoor showcased indigenous defence capabilities, boosting investor confidence significantly Drone procurement plans create major opportunities for domestic defence firms ideaForge Technology, BEL, Paras Defence likely key beneficiaries of the defence opportunity Defence Stocks…
Hexagon Nutrition IPO Review: The Rs 139-crore IPO, which opened for public subscription on June 5, will close on Tuesday, June 9. The company has fixed a price band of Rs 42-45 per equity share for the issue. The bidding window for the initial public offering (IPO) of Hexagon Nutrition Ltd opened today, June 5….
India’s latest decision to exempt foreign portfolio investors (FPIs) from tax on income earned from government securities is a significant step towards bringing the country’s bond market in line with global standards, according to Tejas Desai, Partner & Tax Financial Services Leader at EY India. Desai said the move removes taxes on both interest income…
