[ad_1] Gold is attempting to recover from the lower Bollinger band after a steep decline. (AI image) Gold price prediction today: Gold prices are seeing a weak intra-day bias, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He recommends a sell on rise strategy:Gold futures on MCX are trading near ₹1,60,326…
[ad_1] Refiners may eventually be forced to lower processing rates in line with reduced crude availability. (AI image) US-Iran war and the indefinite closure of the Strait of Hormuz has led to India’s crude oil inventories declining by around 15%. This decline is since the US-Iran conflict erupted in late February, as refiners continued operating…
[ad_1] Asian markets mostly declined on Friday as investor optimism around artificial intelligence stocks faded amid rising concerns over inflation, elevated oil prices and uncertainty surrounding the Iran war.Japan’s Nikkei 225 fell 1.2% to 61,880.04, while South Korea’s Kospi dropped 3.2% to 7,727.34 after briefly crossing the 8,000 mark for the first time.The sharp reversal…
[ad_1] Global crude oil prices climbed more than 1% on Friday after US President Donald Trump said he would not remain “much more patient” with Iran, while fears over attacks on ships and disruptions in the Strait of Hormuz continued to keep markets on edge.Brent crude futures rose $1.32, or 1.25%, to $107.04 a barrel…
[ad_1] “Indian equity markets are expected to open on a mildly positive note, with Gift Nifty trading around 23,769, up by 40 points. Global equities traded mixed after a muted session on Wall Street, as investors remained cautious amid concerns over elevated bond yields, inflation outlook, and uncertainty surrounding the pace of global economic recovery….
[ad_1] NEW DELHI: After petrol and diesel prices were hiked, state-owned oil companies on Friday increased CNG prices by Rs 2 per kg, amid rising global energy crisis linked to the West Asia conflict.In Delhi, the price of CNG has been raised from Rs 77.09 per kg to Rs 79.09 per kg. The move comes…
[ad_1] Petrol and diesel prices across India have been revised upward after oil marketing companies announced a fresh hike of around Rs 3 per litre amid continued pressure from elevated global crude oil prices linked to the West Asia crisis and disruptions around the Strait of Hormuz.According to the latest revised rates, petrol prices have…
[ad_1] India, the world’s second-largest consumer of gold after China, largely imports the precious metal to meet demand from the jewellery sector. These purchases result in a significant outflow of foreign exchange. Under the duty revisions announced on Wednesday, the government doubled the basic customs duty on gold to 10%, while the agriculture infrastructure and…
[ad_1] NEW DELHI:India’s automobile industry began FY27 with strong growth across segments, led by rising demand for SUVs and two-wheelers, even as concerns persist over higher commodity prices linked to tensions in West Asia.Domestic passenger vehicle sales rose 26% year-on-year to nearly 4.4 lakh units in April, according to data released by the Society of…
[ad_1] Top stocks to buy (AI image) HSBC has initiated its coverage of SRF with a buy rating and the target price at Rs 3,390. Analysts said SRF was one of India’s largest chemical manufacturing companies, with 50% of its revenue coming from overseas. Improving fundamentals in specialty chemicals and performance films to drive a…
