The ongoing commodity rally is being driven by a structural shift away from the US dollar rather than traditional demand-supply dynamics, according to Kishore Narne, Director & Head of Commodity at Motilal Oswal Financial Services, who said the trend marks the beginning of a new supercycle. Speaking to CNBC-TV18, Narne said, “The theme of de-dollarisation…
State-owned NHPC Ltd on Thursday (April 9) said it has scheduled a board of directors meeting on Tuesday, April 14, 2026, to consider the proposal for monetisation of future cash flows (return on equity) from one or more of its power stations. The monetisation is planned for a suitable tenure in a single tranche during…
Gurugram-based solar panel manufacturer Saatvik Green Energy Ltd on Thursday (March 9) said its material subsidiary, Saatvik Solar Industries Private Ltd, has received and accepted orders worth ₹108.75 crore from leading domestic independent power producers and EPC players. The orders are for the supply of solar photovoltaic (PV) modules and are scheduled to be executed by…
The US economy grew at a modest 0.5% annual rate in the fourth quarter, reflecting the impact of last fall’s 43-day government shutdown, the Commerce Department reported Thursday (April 9), revising its earlier estimate of 0.7%. This slowdown follows strong growth in previous quarters, with the economy expanding 4.4% in Q3 and 3.8% in Q2….
The White House sent an internal staff-wide email that warned employees against using confidential information to place trades on financial markets and fast-growing event betting platforms. The warning comes after a series of recent well-timed and profitable bets raised questions about potential insider trading around President Donald Trump’s decision-making on military manoeuvres in Iran and…
Asian stocks posted a modest gain and oil prices increased as investors were cautious amid a shaky ceasefire in West Asia ahead of US-Iran talks this coming weekend. MSCI’s equity gauge for Asia Pacific was up 0.4% during open, looking at its first weekly gain since February. Technology shares, which were less impacted by the…
Tesla is developing an all-new smaller, cheaper electric SUV, four people familiar with the matter told Reuters. The automaker has contacted suppliers in recent weeks to discuss details of the plan for the compact SUV – which would be a new vehicle and not a variant of Tesla’s current Model 3 or Y, the people…
Shares of real estate majors Godrej Properties Ltd. and Prestige Estates Projects Ltd. are expected to be in focus on Friday, April 10, following their key business updates. Godrej Properties Godrej Properties reported a strong operational performance for financial year 2026, with booking value rising 16% year on year to ₹34,171 crore. The company said…
Berkshire Hathaway Inc. sold ¥272.3 billion ($1.7 billion) of yen-denominated bonds, marking its first such deal since Warren Buffett stepped down as chief executive officer. The six-tranche offering comprised maturities ranging from three to 30 years. The 10-year notes were priced at a spread of 90 basis points over benchmarks, with a coupon of 3.084%….
The initial public offering (IPO) of PropShare Celestia REIT will open for subscription on Friday, April 10, with the company aiming to raise ₹244.65 crore through a completely fresh issue. The issue will close on April 16. This will be the third scheme launched under Property Share Investment Trust, India’s first Securities and Exchange Board…
