Business
Wary of risks, Asian refiners want Saudi Aramco’s shipments to be picked outside Red Sea
Yanbu has become increasingly important to Saudi Arabia as it seeks to maintain crude shipments. (Reuters photo) With ships facing risks, some Asian refiners are unwilling to pick crude oil shipments from Yanbu on the Red Sea. Refiners are reportedly seeking an alternative to Saudi Aramco’s request that they collect crude from Yanbu on the…
Insolvency, bankruptcy board aims to check misuse of law
Insolvency & Bankruptcy Board of India (IBBI) has floated a paper to prevent misuse of insolvency law. NEW DELHI: The Insolvency & Bankruptcy Board of India (IBBI) has floated a paper to prevent misuse of insolvency law to settle debt or avoid liability or consolidate companies without regulatory scrutiny. It has highlighted red flags that…
Indian techies see biggest hit as US green card approvals plunge sharply
The approval rate for EB-1A, the US green card category meant for individuals with extraordinary ability, has dropped sharply in FY26. In a big hit for Indian techies, the approval rate for the visa that is one of the routes to US green cards has seen a sharp drop. The approval rate for Indian applicants…
What’s the outlook for Nifty for August 17-August 21 week? Check list of top stock recommendations
Top stocks to buy today on August 17, 2026 Stock market recommendations: Ujjivan Small Finance Bank, and 360 One Wam have been identified by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities as the top stocks to buy on August 17, 2026. The analyst has also shared technical views and outlook for Nifty…
Will gold prices continue to rally? Check outlook for August 17, 2026 week
The weekly bias remains bullish as long as gold holds above Rs 152,000, with Rs 157,600–158,000 as the immediate hurdle. Gold price prediction today: Gold prices are likely to continue their upside, though there may be some short-term consolidation, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold has turned decisively…
Oil prices hold steady as Hormuz nears zero traffic while Iran-US talks on Strait opening stalls
Oil prices hold steady as Hormuz sees less activity while Iran-US talks on Strait opening stalls Oil prices remained largely unchanged in early trade on Monday as a sharp drop in vessel movements through the Strait of Hormuz heightened concerns over supplies, while efforts to end the US-Iran conflict showed no sign of progress.Brent crude…
JP Morgan targets bigger M&A role
MUMBAI: JP Morgan is seeing a bigger role for itself in M&A financing after RBI allowed domestic lenders to fund M&A. The relaxation has come at a time when corporates are returning to banks from capital markets in India, in keeping with a global trend.“It provides another corporate-friendly avenue for growth. At JP Morgan, our…
India’s telecom equipment sector has $50 billion export potential, Niti Aayog highlights key hurdles
India’s telecom and network equipment sector could soon emerge as a major contributor to the country’s GDP, but it still has some connecting to do.The telecom and network equipment sector could play a bigger role in India’s economy, helping double its GDP contribution and achieve $1 trillion in exports by 2030 under the National Telecom…
Rupee falls 17 paise to 95.59 against US dollar as FCNR swap deadline weighs down sentiment
Rupee began the week on a negative note, depreciating 17 paise to 95.59 against the US dollar in early trade, as investor sentiment turned cautious following the Reserve Bank of India‘s decision to bring forward the cut-off date for its concessional FCNR (B) deposit swap facility.The RBI had said on August 14 that the swap…