Light is right this Akshaya Tritiya

MUMBAI: Light-weight jewellery was the flavour this Akshaya Tritiya, as a steep rise in gold prices nudged consumers to strike a balance between their budgets and love for the yellow metal that’s considered auspicious in Indian culture.For context—gold has risen nearly 57% year-on-year since last year’s festival—from around Rs 97,000 per 10 grams to roughly…

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Boost for energy sector: PM Modi to inaugurate Rs 79,450 crore petrochemical refinery — top things to know

Prime Minister Narendra Modi is set to visit Rajasthan on Tuesday, where he will dedicate a major refinery-cum-petrochemical complex to the nation. The plant, located at Pachpadra in Balotra, has been developed by Hindustan Petroleum Corporation Limited in partnership with the Rajasthan government. The refinery is set to reduce reliance on energy imports and boost…

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Stocks to buy: What’s the outlook for Nifty for April 20-April 24 week? Check list of top stock recommendations

Top stocks to buy (AI image) Stock market recommendations: APL Apollo Tubes, and HDFC Asset Management Company are Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities’ top stock picks for this week. Below are his stock picks and also views on Nifty.Nifty ViewThe benchmark index Nifty continues to inch higher; however, this phase…

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Oil prices surge 7%: US energy secretary issues warning as gas tops $4 per gallon amid Hormuz tensions

Oil prices surged sharply after Iran moved again to block most maritime traffic through the Strait of Hormuz, a critical chokepoint that handles roughly one-fifth of global crude flows, escalating geopolitical tensions and rattling financial markets.Brent crude, the global benchmark, jumped around 7 per cent to $96.88 a barrel, rebounding from Friday’s close, which had…

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Gold, Silver Rate Today Live Updates: Middle East conflict in focus as prices likely to be volatile; what’s the outlook?

Gold buying during one of the major festive occasions remained subdued on Sunday, as record-high prices discouraged jewellery purchases, outweighing a slight rise in investment-led demand. The festival of Akshaya Tritiya—considered the second most significant gold-buying occasion after Dhanteras—was marked across the country, with buying precious metals traditionally seen as a sign of prosperity. According…

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Pakistan says it will repay remaining $1.5 billion loan to UAE by April 23 amid IMF funding hopes

Pakistan has expressed hopes to repay the remaining $1.5 billion of the total $3.5 billion loan to UAE by April 23. This comes ahead of an expected $1.2 billion disbursement from the International Monetary Fund (IMF), following recent discussions in Washington.Spokesperson for the State Bank of Pakistan, country’s central bank told PTI, “Pakistan has repaid…

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