Dalal Street ended Monday’s session on a flat note, as investors remained cautious amid rising geopolitical tensions and a surge in crude oil prices. Benchmark indices Nifty50 and Sensex managed to bag gains, ending the day marginally higher. The 30-share BSE Sensex inched up by 26.76 points, or 0.03%, to close at 78,520.30. The index…
Planning a trip this summer but worried about the rush to secure train tickets? You might want to relax as Indian Railways is preparing for the seasonal rush. If you’re travelling between April and July, chances are you’ll find a seat. Anticipating a sharp rise in passenger demand, Indian railways has announced a wide network…
A promise made at the 2023 COP28 climate summit to move away from fossil fuels had raised hopes that the world will now be shifting in another direction. Some even saw it as the beginning of the end for using oil as a fuel. However, even years later, the promise seems far from being fulfilled….
In upcoming years, India’s transmission and distribution (T&D) sector is expected to see steady growth, lifted by investment of almost Rs 9 trillion or Rs 9 lakh crore through 2032. According to a report by Motilal Oswal Financial Services, the current investment cycle, which began in FY22-23, has already improved performance across the sector.It noted…
Iran has closed the Strait of Hormuz again. (AI image) Open, closed, closed but open – the Strait of Hormuz has become the center of the ongoing US-Iran conflict and its blockade a key factor in pressure tactics from both sides. The Strait of Hormuz is a critical channel for nearly one-fifth of global oil…
Permanent alimony doesn’t automatically end maintenance: Orissa High Court refuses to shut wife’s claim (AI image) The Orissa High Court in an important decision on the interplay between divorce, permanent alimony and statutory maintenance has made it clear that a prior observation treating payments as permanent alimony does not, by itself, extinguish a subsisting maintenance…
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…
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…
MUMBAI : Multiple reports show that bankers are bracing for slower credit offtake in FY27 after a high base in FY26, with deposit mobilisation emerging as a constraint on margins.According to a survey by the Indian Banks Association and Ficci, lenders have entered FY27 with a constructive but more calibrated outlook, with nearly 71% of…
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…
