Oil prices rebounded modestly on Tuesday after posting their biggest single-day decline in weeks in the previous session.Benchmark oil prices extended their recovery, with Brent crude climbing $0.49, or 0.58%, to $84.26 a barrel, while WTI crude advanced $0.41, or 0.51%, to $80.75 a barrel around 7:20 am IST.The rebound followed Monday’s 7% slide, which…
NEW DELHI: Finance minister Nirmala Sitharaman is set to introduce further amendments to tax laws going beyond the Ordinance offering concessions to overseas investors putting money in govt bonds.According to the bill that has been circulated, it has been proposed to replace the broad reference to “electronic goods” with a defined list of “specified electronic…
A parliamentary panel suggests lowering the minimum director age to eighteen years. NEW DELHI: The joint committee of Parliamentary panel examining the amendments to the Companies Act has recommended reducing the minimum age for appointment as managing director and whole-time director from 21 years to 18, bringing it in line with similar age caps in…
CHENNAI: Flagging that “free is the most expensive word in public policy”, chief economic adviser (CEA) Anantha Nageswaran said infrastructure built on the promise of free or below-cost services cannot attract patient capital. “What makes infrastructure worthy of patient capital? There are three conditions: quality infrastructure, contract certainty, and policy certainty. And the fourth, which…
Top stocks to buy today – check top recommendations Stock market recommendations: RR Kable, and KFin Technologies have been picked as the top stocks to buy for the week starting August 3, 2026 by Motilal Oswal Wealth Management Research Desk: NAME CMP (Rs) TP (Rs) Upside (%) RR Kabel 2602 2960 14% KFin Technologies 936…
Gold has shown signs of stabilising after a prolonged corrective phase, with prices rebounding from recent lows and moving back above the 20-day average. Gold price prediction today: Gold prices are showing signs of stabilising after a prolonged phase of correction, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold prices…
FSSAI cracks down on liquor brands over flavouring and misleading claims NEW DELHI: The Food Safety and Standards Authority of India (FSSAI) has initiated enforcement action against several alcoholic beverage manufacturers, including makers of Old Monk, McDowell’s, Bagpiper, Antiquity Blue, Royal Challenge over the alleged use of non-permitted flavouring practices and misleading age-related claims, saying…
The Centre has once again revised the windfall tax on fuel exports, raising duties on petrol, diesel and aviation turbine fuel (ATF) for the next fortnight while keeping domestic fuel duties unchanged.According to a finance ministry notification, the revised special additional excise duty (SAED) will come into force from August 3.The SAED on diesel exports…
Amazon and Microsoft are the only two whose heavy AI investments have been rewarded by investors. (AP photo) Yet another technology stock has crossed the $3 trillion market cap. Amazon’s market capitalisation went past the $3 trillion mark for the first time on Monday, driven by a sharp rally after the company reported strong quarterly…
Oil prices declined on Monday, providing relief to Wall Street by easing concerns that inflationary pressures could intensify further. US stock market today:The S&P 500 gained 1%, extending its recovery after a turbulent July marked by sharp swings. The Dow Jones Industrial Average had advanced 624 points, or 1.2%, while the Nasdaq Composite was up…