MUMBAI: The board of market regulator Sebi on Thursday decided to allow foreign funds in the non-agri commodity derivatives segment provided all contracts that are not based on indices are cash settled. For index-based derivatives, there are no such barriers. Allowing foreign portfolio investors (FPIs) in this segment was one of the main demands of…
A host of insurance companies and insurance policy sellers slid as much as 36% on Thursday. Mumbai: A host of insurance companies and insurance policy sellers slid as much as 36% on Thursday after the industry regulator Irdai suggested new policy distribution methods that, among others, ban dark patterns and several other changes to how…
Dalal Street began Friday on a positive note after suffering one of its sharpest one-day declines in 10 weeks. BSE Sensex opened over 100 points higher while NSE began trading above 23,000. However, the gains remain limited due to rising crude prices and elevated global bond yields.BSE Sensex was up 155.82 points, or 0.21%, at…
MUMBAI: The rupee weakened by 26 paise to settle at 95.99 against the US dollar on Thursday, dragged by a surge in crude oil prices and a strong greenback amid geopolitical uncertainties. According to forex traders, the domestic currency was also weighed down by heavy selling in domestic equity markets as investors moved toward risk…
Top stocks to buy today on September 25, 2026 Stock market recommendations: Godrej Agrovet, Caplin Point Laboratories, and Tilaknagar Industries are the top stock picks that Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One has recommended buying for September 25, 2026. Below are the details:Buy Godrej Agrovet at Rs 676-675; Stop Loss: Rs…
Crude prices ease marginally on hopes of US-Iran truce Oil prices eased marginally on Friday after a volatile week, as markets weighed hopes of a possible US-Iran truce against renewed risks to Saudi Arabia’s oil infrastructure. WTI crude fell 1.09 points, or 1.15%, to $93.52 a barrel, while Brent crude declined 0.78 points, or 0.73%,…
MUMBAI: Oil prices have shot up to $114 a barrel from below $85 in June and July, exposing India to multiple shocks as trade, technology and energy risks increasingly reinforce one another, chief economic adviser V Anantha Nageswaran said on Thursday.Speaking at the SBI Banking and Economics Conclave, Nageswaran said India’s imported crude basket had…
MUMBAI: RBI deputy governor Rohit Jain on Thursday said banks are expected to deploy additional liquidity from foreign currency non-resident deposits over the next few months, as credit demand is likely to be strong during the festive season.Under the special Foreign Currency Non-Resident (FCNR-B) deposit scheme, banks have mobilised $133 billion. The scheme closed on…
NEW DELHI: India can manufacture enough smartphone screen protectors to meet its needs, IT secretary S Krishnan said, arguing that inferior imports should not erode the business of domestic producers investing in quality.“We now have enough production capacity in the country for this category of equipment,” Krishnan said on Thursday on the sidelines of an…
NEW DELHI: Govt on Thursday said the merchant discount rate (MDR) on UPI payments should be treated the same way as plastic payments, which are not passed on to consumers and will ask the Indian Bank Association (IBA) to ensure that merchants don’t burden customers once the new regime kicks in next month. Govt is…
