NEW DELHI: Insurance giant LIC is actively considering establishing a fintech arm either through strategic investment or organic way to cater to its growing digital needs, CEO & MD R Doraiswamy said. “Naturally, to meet the modernisation requirement and particularly to bring innovation, we are engaging both fintech and insurtech players and we are getting…
Gold prices traded steady as investors balanced ongoing uncertainty surrounding US-Iran ceasefire negotiations against rising inflation concerns and expectations of tighter monetary policy. While reports suggest US and Iran continue discussions on extending the current truce and reopening the Strait of Hormuz, key disagreements remain unresolved and any final agreement still requires approval from President…
Oil prices rose more than 2% in early trading on Monday after Israel ordered additional troop deployments into southern Lebanon, escalating tensions with the Iran-backed Hezbollah group despite a ceasefire announced more than six weeks ago.US crude futures (WTI) climbed by 2.71% to $89.73 a barrel, while Brent crude futures gained 2.37% to $93.28 a…
Top stocks to buy today (AI image) Stock market recommendations: Astra Microwave, and Shaily Engineering Plastics have been recommended by Motilal Oswal Wealth Management Research Desk as the top stocks to buy for the week starting June 1, 2026: Stock Name Rating CMP (Rs) Target (Rs) Upside (%) Astra Microwave Buy 1381 1580 14% Shaily…
NEW DELHI: The finance ministry on Sunday issued notification on duty concessions on Omani goods under trade pact with India, which will come into effect from June 1.The India-Oman Comprehensive Economic Partnership Agreement (CEPA) was signed in Dec last year. “Provided that the (duty) exemption shall be available only if the importer proves to the…
UBS has downgraded MCX to neutral but raised the target price to Rs 3,600 from Rs 3,200 earlier. Analysts said that bourse’s peak earnings momentum is likely behind as there’s been elevated volatility across key commodities in recent months. So far in the April-June quarter (Q1FY27) there’s been healthy volumes on the exchange, after normalizing…
NEW DELHI: Medicines used for diabetes, high blood pressure, heart disease, infections and women’s health are among 30 drug formulations for which National Pharmaceutical Pricing Authority (NPPA) has fixed retail prices, a move that could significantly reduce treatment costs for patients who depend on long-term medication.The latest notification covers several drugs commonly prescribed for chronic…
MUMBAI: While the majority of forecasters and market participants expect Reserve Bank of India‘s Monetary Policy Committee meeting to vote for a status quo on interest rates, the forthcoming MPC statement on June 5 will be observed minutely.With disruptions owing to the West Asia conflict now approaching 100 days, this is no longer a short-term…
NEW DELHI: Foreign investors continued to pare their exposure to Indian equities, withdrawing Rs 32,963 crore in May. Besides FPIs, analysts expect developments around the West Asia war, crude oil prices, and the RBI’s interest rate decision to determine the equity-market trend in the event-heavy week ahead.In 2026 so far, the total outflow by foreign…
Planning a bank visit in June? You might need to check the bank holiday list first! Customers should plan their bank trips in advance as branches in several states are headed for holidays in the month of June. Since these holidays differ from state to state, it is better to check the holiday list first…
