Despite softer demand in the domestic market, export orders strengthened in July. India’s manufacturing sector saw its slowest pace of activity expansion in nearly five years in July, according to HSBC India Manufacturing Purchasing Managers’ Index (PMI) data released on Monday.However, the manufacturing activity remained in expansion territory with the seasonally adjusted HSBC India Manufacturing…
Some tankers, including those carrying Russian crude, continue to transit the Bab el-Mandeb Strait. (Reuters photo) Saudi Arabia’s key Red Sea export terminal at Yanbu appeared to witness its busiest day since Houthi threats disrupted regional shipping, while additional vessels continued transiting the Bab el-Mandeb Strait with their tracking systems switched off.While some tankers, including…
Which are the top stocks to buy this week? Stock market recommendations: Sansera Engineering, and Paytm have been picked as the top stocks to buy this week starting August 3, 2026 by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities. He has also provided a detailed outlook on Nifty and Bank Nifty: Stock…
After joining hands in a rare currency market intervention, the US and Japan have left the door open for more coordinated action, with Tokyo saying it is ready to step in again if yen continues to swing.In a statement issued on Monday, Japan’s ministry of finance said it intervened in the foreign exchange market on…
Falling gobal crude oil prices and weaker US dollar lifted rupee higher in early trade on Monday. The currency traded at a gain of 31 paise against US dollar, while drawing support from foreign fund inflows, higher forex reserves and continued intervention by the Reserve Bank of India (RBI), according to forex traders.Rupee opened at…
Gold, Silver Rate Today: BSE Sensex adds over 500 points in opening trade, Nifty50 soars above 24,550 Benchmark indices open August on a firm note, extending the positive momentum seen in the previous session. BSE Sensex climbed 551.13 points, or 0.71 per cent, to trade at 78,645.77, while NSE Nifty 50 gained 168.45 points, or…
Stock market today: RBI policy, global cues and oil prices in spotlight Indian benchmark indices might be headed for a steady start as crude prices continue to fall, tumbling almost 6% on Monday. Oil prices dropped sharply after US President Donald Trump said talks with Iran were expected to take place, raising hopes that tensions…
Oil prices tumbled more than 6% on Monday as hopes of a diplomatic breakthrough between the United States and Iran erased part of last month’s rally. However, uncertainty over the negotiations and persistent security risks along key shipping routes has kept investors on edge. As of 7:10 am, WTI crude was down 4.75% at $80.65…
BENGALURU: Tata Trusts chairman Noel Tata on Sunday questioned restrictions on for-profit education, saying they discouraged investment in a sector where India needs far more quality colleges and universities.Speaking at IIMBue, an IIM Bangalore alumni meet in Bengaluru, Tata said only a small fraction of students secure admission to the country’s top institutions, forcing many…
CHENNAI: Private Equity-Venture Capital (PE-VC) in India crossed $20 billion mark in Jan-July this year (CY2026). However, it is nearly 6% lower than $21.5 billion recorded in the corresponding seven month period (Jan-July) last year (CY2025) .July 2026 recorded an investment of $3 billion, which is flat against $3.2 billion in the same month in…