Sun Pharmaceutical Industries on Monday announced it will acquire US-based Organon & Co. in an all-cash deal valued at $11.75 billion, marking one of the largest overseas acquisitions by an Indian company.Under the definitive agreement, Sun Pharma will buy all outstanding shares of Organon at $14 per share.The deal, approved by the boards of both…
Gold has maintained its strong momentum in 2026, as investors increasingly favour safety and capital protection over pursuing higher-risk returns. Ongoing global uncertainty, geopolitical tensions, and worries about economic growth have continued to enhance the appeal of the yellow metal. Silver has also performed well, ranking as the second-best asset class this year. However, the…
Oil prices extended their rally on Monday, climbing nearly 2% as stalled peace talks between the United States and Iran and continued disruptions in the Strait of Hormuz kept global supply under pressure.Brent crude futures rose $2.16, or 2.05%, to $107.49 a barrel, the highest since April 7, while US West Texas Intermediate (WTI) gained…
Top stocks to buy (AI image) Stock market recommendations: For the trading week starting April 27, 2026, Tata Steel, and Cyient DLM are the top stock picks from Motilal Oswal Wealth Management Research Desk. Stock name CMP (Rs) TP (Rs) Upside (%) Tata Steel 210 240 14% Cyient DLM 373 470 26% Tata SteelIndia’s steel…
Despite a substantial increase in the coverage of health insurance or finance schemes, which only cover inpatient treatment, between 2017-18 and 2025, out-of-pocket expenditure by patients and their families still accounts for almost all of the spending on hospitalisation. This was revealed in the latest household consumption survey on health conducted by the National Statistical…
Mumbai: Veteran banker Uday Kotak cautioned that India’s foreign exchange reserves remain strong but leave “very little room for complacency”, as large foreign capital flows expose the economy to risks from global volatility. At the ET Awards, Kotak said India has received around $1.5 trillion in foreign capital through FPI and FDI, which creates vulnerability…
Union minister Piyush Goyal Agra: The free trade agreement (FTA) with New Zealand, scheduled to be signed on Monday, will provide huge opportunities for domestic firms, including leather exporters from the city of the Taj Mahal, commerce and industry minister Piyush Goyal said Sunday. Goyal is here with the visiting New Zealand’s trade and investment…
Chennai: Summer vacations for Indians to exotic destinations have been disrupted as the West Asia conflict and a weakening rupee have pushed overseas tour package costs up by about 20%, offsetting the Centre’s cut in Tax Collected at Source (TCS) on such packages to 2% from 20% and 5%.The conflict has also led to a…
Precious metals gold and silver could remain under pressure in a holiday-shortened trading week as markets react to developments around US-Iran peace talks, movements in crude oil prices and key global central bank policy decisions, analysts said. According to analysts, sentiment in precious metals is expected to be shaped largely by geopolitical and macroeconomic triggers…
What if children picked up a ringing phone instead of a smartphone after school? This might sound strange, given the 21st centuary, the era of digital and smart devices. However, it is becoming a reality in some homes and schools, as a landline-style device called the Tin Can gains popularity among families trying to cut…
