Business

Union minister Piyush Goyal. (ANI photo) NEW DELHI: Union Minister Piyush Goyal on Wednesday assured that India is not facing any fuel shortage despite growing volatility in global energy markets triggered by the ongoing conflict in West Asia.Addressing reporters in Tiruchirappalli, Goyal said the government is closely monitoring developments and taking proactive measures to ensure…

The trajectory of bullion prices could depend on the duration & intensity of the conflict as global investors reassess risk exposure. (AI image) Gold price prediction today: Gold prices have been stuck in a range for some time now and developments on the US-Iran front will determine trajectory, says Maneesh Sharma, AVP – Commodities &…

MUMBAI: Stocks reversed two consecutive sessions of strong sell-offs on Tuesday after traders interpreted statements made by US President Donald Trump early in the day as an indication that the war in West Asia may end soon, slowly bringing back supply chains in the region to normalcy. As a result, sensex rallied 640 points or…

NEW DELHI: The conflict in West Asia, along with disruption in supply chains and higher oil prices may result in India’s growth being hit by 15-40 basis points (bps) next financial year (2026-27), with inflation too expected to accelerate if the tension persists for a few more weeks, economists said.Rajani Sinha, chief economist, CARE Ratings…

NEW DELHI: Commerce and industry minister Piyush Goyal on Tuesday said govt is looking to extend support to exporters on the insurance front to help them deal with the ongoing West Asia crisis.He said that an inter-ministerial group is keeping tabs on developments on a daily basis and is interacting with exporters.The Customs department has…

MUMBAI: Rating agency Moody’s Ratings and its Indian affiliate Icra said the West Asia conflict should have limited near-term impact on India’s banking system, though a prolonged oil spike could dent growth and lift inflation.Moody’s baseline view sees banking outlook stable and real GDP growth at 6.4% in FY27; credit/deposit growth broadly aligned, loan growth…

NEW DELHI: Govt on Tuesday sought Parliamentary approval for additional spend of over Rs 2.8 lakh crore, of which the cash outgo will be a little more than Rs 2 lakh crore, with a bulk of it going towards meeting the gold sovereign bond liability and meeting the higher food and fertiliser subsidy bill.The biggest…

Mumbai: Resilient investors continued putting money in the stock and debt markets through Feb despite market volatility. Combined with some mark-to-market gains, the total assets under management (AUM) of the mutual fund (MF) industry hit a new all-time high at over Rs 82 lakh crore. During the month, gross flows through systematic investment plans (SIPs),…

Top stocks to buy (AI image) Stock market recommendations: Syrma SGS Technology, Sagility India, Emcure Pharmaceuticals are the top stocks that are recommended by Mehul Kothari, DVP – Technical Research at Anand Rathi Shares and Stock Brokers.Syrma SGS Technology – Reversal Setup Near Key Support ZoneBuy: ₹745 | Stop Loss: ₹660 | Target: ₹880Syrma SGS…

Stock market today (AI image) Stock market today: Indian equity benchmarks, Nifty50 and BSE Sensex, opened flat in trade on Wednesday as Middle East tensions and US-Iran war continued to add uncertainty to global markets. While Nifty50 was above 24,250, BSE Sensex was near 78,300. At 9:18 AM, Nifty50 was trading at 24,284.90, up 23…