The US-Israeli war with Iran is beginning to hit companies across the world, with businesses already reporting losses of at least $25 billion due to rising oil prices, disrupted trade routes and higher operating costs.Company statements from firms in the United States, Europe and Asia showed that businesses across sectors are struggling with the fallout…
MUMBAI: The legal cases that the Adani Group and its various top officials, including Gautam Adani, the group’s chairman, were facing in the US came to an end on Monday.Adani Enterprises (AEL), the flagship of the Ahmedabad-based Adani Group has paid $275 million (about Rs 2,650 crore at Monday’s exchange rate) to settle a case…
India has so far raised its petrol and diesel rates by around 4%, much less compared to the double digit hikes seen across major economies. (AI image) Petrol, diesel price hike: The rise of global crude oil prices to above $100 per barrel levels since the start of the US-Iran conflict has sent shockwaves across…
Reduce Focus On Profits, Improve Transparency, Curb Misselling’Irdai has sought to link insurance company CEO salaries to customer outcomes, introduce clawbacks and increase transparency. This follows a study by the regulator which showed that CEO salaries were all over the place with key management at times accounting for a big chunk of the wage cost….
Oil prices fell on Tuesday after US President Donald Trump said that a planned attack on Iran had been paused to allow talks aimed at ending the Middle East conflict.Brent crude for July delivery dropped by $3.01, or 2.7%, to $109.09 per barrel at 0001 GMT. US West Texas Intermediate crude for June delivery also…
Top stocks to buy today (AI image) Stock market recommendations: Bajaj Finserv, and Tata Elxsi are the top stocks to buy as per Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan’s recommendation for May 19, 2026. The expert has identified TVS Motor Company as a sell call:Bajaj Finserv: Buy in the range between…
Gold price prediction today: Gold prices are unlikely to rise too much unless crude oil prices come down for a longer term duration, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
Separately, the group reached a settlement with the US Treasury Department over civil allegations linked to sanctions violations. Adani group stocks today: After the US Department of Justice withdrew all criminal allegations against billionaire Gautam Adani and his nephew Sagar Adani, shares of Adani group rallied on Tuesday. Stocks of several Adani Group firms, including…
The government on Tuesday dismissed rumours suggesting that it is planning to monetise gold held by temples and religious institutions across the country. The clarification came after several social media posts and media reports claimed that the Centre was preparing to issue gold bonds to temples in exchange for their gold reserves. Responding to the…
Rupee continued its downward journey against the US dollar on Tuesday morning, falling 18 paise to 96.38 in early trade. This comes amid concerns around rising crude oil prices and ongoing Middle East tensions, that dragged down market sentiment.Since the Iran war began in late February, rupee has declined by more than 5%, trimming 2.2%…
