India’s industrial activity maintained steady momentum in May 2026, with the Index of Industrial Production (IIP) rising 5.1% as compared to the same period last year. The growth came on the back of robust manufacturing and electricity output, even as mining remained under pressure.Data released by the ministry of statistics and programme implementation (MoSPI) on…
The Centre is planning to roll out a Rs 5,000 crore scheme over the next three months to promote the adoption of cleaner technologies in the steel sector as part of efforts to reduce carbon emissions The Centre is planning to roll out a Rs 5,000 crore scheme over the next three months to promote…
The 30-share BSE Sensex fell 372.10 points, or 0.48%, to settle at 76,728.37. During the session, it dropped as much as 478.72 points, or 0.62%, to 76,621.75. Benchmark equity indices Sensex and Nifty ended lower on Monday as renewed hostilities between the US and Iran and a rise in global crude oil prices dented investor…
Many consumers are choosing to cash in on their holdings and lock in gains instead. (AI image) Gold selling spree! Fearing that gold prices have peaked out, Indian households are rushing to sell their old gold to cash out before prices fall too much from record highs seen earlier this year. Indian households are increasingly…
State-owned India Infrastructure Finance Company Ltd (IIFCL) is planning to raise $1 billion from overseas investors in what could become its largest foreign-currency loan, while also holding talks with the Asian Development Bank (ADB) for a separate $400 million loan, a senior company executive told Reuters. State-owned India Infrastructure Finance Company Ltd (IIFCL) is planning…
Concerns over the country’s fiscal outlook intensified after crude oil prices surged amid the conflict in the Middle East. (AI image) US-Iran war impact: India is well positioned to absorb a fiscal deficit that may be more than the current projections this year without putting its investment-grade sovereign rating at risk, according to Moody’s Ratings,…
The global economy is entering a new era, with globalisation giving way to geo-economic fragmentation. The shift could come at a steep cost, with the World Economic Forum (WEF) warning that a full economic decoupling between the East and the West could wipe out as much as $6.9 trillion from global GDP in 2025-26. The…
China is accelerating plans to launch its first sulphur futures contracts this year as the Iran conflict has intensified price volatility, reinforcing the need for a hedging tool and greater pricing power in the global sulphur trade, sources told news agency Reuters. China is accelerating plans to launch its first sulphur futures contracts this year…
ITR filing: The choice of form should not be treated as a mechanical carry-forward of the previous year’s position. (AI image) ITR filing FY 2025-26: Any easy mistake to make when filing your income tax return is the form that you choose for ITR. This can especially be the case for salaried taxpayers who can…
Top stocks to buy today (AI image) Stock market recommendations: TVS Motor Company, and Vijaya Diagnostic Centre are the top stock recommendations by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities for the June 29-July 3, 2026 week. The analyst has also shared his views on Nifty and Bank Nifty: Stock recommendations: TVS…
