Asian stocks edged higher on Thursday, as investor sentiments were lifted by hopes of United States and Iran extending their ceasefire and moving a step closer to reopening the crucial Strait of Hormuz. The gains were led by Japan’s Nikkei, which was up 1,214 points or 2% to 59,348. In South Korea, Kospi jumped 1.7%…
The United States has decided not to extend the temporary waiver that allowed the sale of Russian and Iranian oil already at sea. The announcement comes as US treasury secretary Scott Bessent on Wednesday said, “We will not be renewing the general license on Russian oil,” adding, “That was oil that was on the water…
Stock market today (AI image) Stock market today: Indian equity benchmarks, Sensex and Nifty50, continued their uptrend on Thursday on positive global cues and hopes of an early end to the US-Iran conflict. While Nifty50 went above 24,350, BSE Sensex rose over 400 points. At 9:16 AM, Nifty50 was at around 24,357.25, up 126 points…
Top stocks to buy (AI image) Top stock market recommendations: Aditya Vision Ltd, Allied Blenders and Distillers Ltd, and NMDC – these are the stocks that Aakash K Hindocha, Deputy Vice President – WM Research of Nuvama Professional Clients Group has shortlisted as top buy calls for today (April 16, 2026). His views on Nifty…
MUMBAI: Hopes of peace in West Asia has lifted investor sentiment across the globe. On Wednesday, on Dalal Street, sensex rallied over 1,400 points in early trades and closed 1,264 points (1.6%) higher at 78,111 points as the slide in crude prices to around $95/barrel level acted as the biggest booster for the domestic market.According…
NEW DELHI: India closed the last fiscal with record goods exports of $441.8 billion, 1% higher than the previous year, despite being weighed down by the West Asia conflict, which took a toll on March exports. Driven by a surge in gold and silver shipments, imports rose 7.5% to $775 billion, resulting in a trade…
MUMBAI/ NEW DELHI: Air India’s mounting losses and operational issues are leading to serious concerns among both its parent groups. Goh Choon Phong, CEO of Singapore Airlines (SIA, which has a 25.1% stake in AI) is in Mumbai and is expected to meet Tata Sons and AI chairman N Chandrasekaran on Thursday.The meeting comes in…
NEW DELHI: While rejecting the US Trade Representative’s claims for section 301 investigations against India, govt has said that concerns should be addressed bilaterally, when negotiations for a trade agreement are underway, and not through unilateral measures.After the setback on reciprocal tariffs in the Supreme Court, the Trump administration had initiated two section 301 probes…
Delhi High Court has held that ignorance of tax laws, lack of awareness of deductions, or general assertions of hardship do not constitute “genuine hardship”. (AI image) In a significant ruling on the scope of condonation powers under the Income Tax Act, the Delhi High Court has held that ignorance of tax laws, lack of…
Gold prices showed a mixed trend on Tuesday, with futures easing slightly on the Multi Commodity Exchange (MCX) even as retail prices across major cities moved higher.On the MCX, gold futures for the June 2026 contract declined Rs 468, or 0.30%, to Rs 1,54,349 per 10 grams, compared with the previous close of Rs 1,54,817….
