The analysts said the decline in global oil inventories during the second quarter has made the market more vulnerable to supply disruptions. Are Brent crude oil prices set to cross $120 per barrel again? According to Goldman Sachs Group Brent crude prices could climb above $120 a barrel in the fourth quarter if disruptions in…
SBI Funds Management entered the stock market after attracting robust institutional demand. SBI Funds Management stock listing: Years of employee stock ownership at SBI Funds Management is poised to generate multi-crore wealth for several executives as the country’s largest asset management company enters the stock market. Based on the IPO issue price of Rs 574…
Prime Minister Mark Carney on Tuesday said that US President Donald Trump‘s decision to impose fresh 50% tariffs on select Canadian goods is a “direct violation” of the Canada-United States-Mexico Agreement (CUSMA).He further said that the government would continue to support the country’s workers, businesses and families. His remarks came after Trump’s latest tariffs targeted…
Gold price prediction today: Gold prices continue to be under pressure and downside risks remain, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link Vikrant Kharwar✍️ Vikrant Kharwar Vikrant Kharwar is the Founder and Editor of News Us Media. He writes about trending news, sports, entertainment, technology, and viral stories. His goal…
MUMBAI: RBI deputy governor Swaminathan J has expressed concern that a significant number of customer grievances that are ultimately resolved in favour of the customer by RBI’s integrated ombudsman were never referred to the bank’s internal ombudsman in the first place.Highlighting this as a lapse on the part of bank, Swaminathan said that “This is…
NEW DELHI: : Govt on Monday told Parliament that there was no move at the moment to abolish long-term capital gains tax on equities for retail or domestic investors.“The tax policies, including capital gains tax rates, are revised periodically as part of the annual budgetary process and legislative revisions after taking into consideration the macroeconomic…
NEW DELHI: India’s expanded core sector grew at the fastest pace in five months to touch 5% in June, compared with 1.1% a year ago, official data with a revised base year 2022-23, released on Monday, showed. The new series expands the core sector basket to nine industries by adding iron ore.The infrastructure industries showed…
MUMBAI: Indian markets closed lower on Monday as fluctuating crude prices and global risk-off cues weighed on sentiment, with the sensex falling 443 points or 0.6% to 77,709 and the Nifty declining 96 points or 0.4% to 24,239, while the rupee weakened to 96.45 against the dollar from 96.28.Banking stocks led the decline after mixed…
CHENNAI: Hyundai Motor India (HMIL) is laying the groundwork for its next phase of growth in the EV market, where competition is gradually shifting towards affordable, mass-market models. The company is expanding its charging infrastructure and deepening localisation of components ahead of the launch of its first mass-market electric SUV, slated for this fiscal.The company…
MUMBAI: Building for startups as employees can come with their own competitive advantage—young ventures being set up by such tech professionals are finding favour with venture capital (VC) investors who are infusing funds into their companies even though the broader flow of investments continues to be selective.VCs are betting on experience here. The number of…