Rupee opens 13 paise weak against US dollar Rupee started Monday on a weak note as higher crude oil prices and geopolitical tensions weighed down the currency, while growing expectations of a September US Fed rate hike boosted the dollar. Rupee opened at 95.56 against the US dollar at the interbank foreign exchange market, 13…
Top stocks to buy in the week starting August 31, 2026 Stock market recommendations: Titan, and L&T Finance – Motilal Oswal Wealth Management Research Desk has identified these two as the top stocks to buy for the week starting August 31, 2026: Stock Name CMP (Rs) as on 27th Aug 2026 Target (Rs) Upside (%)…
Oil prices jump over 2% as Middle East tensions intensify Oil prices rose more than 2% per barrel on Monday after conflict in the Middle East reignited once again with US attacking an Iranian island in the Strait of Hormuz, and Tehran hitting back at US bases in Jordan. Brent crude gained $1.86, or 2.11%,…
Trump’s 50% tariff net caught 550+ Canadian goods US President Donald Trump has stepped up slamming Canada, claiming the US has been losing more than $60 billion a year in trade with its northern neighbour and saying Canadian businesses are returning to America to avoid tariffs while calling Ottawa a ‘trade abuser’.In a post on…
Nippon Life India Asset Management Company MD & CEO Sandeep Sikka Nippon Life India Asset Management Company MD & CEO Sandeep Sikka, who was re-elected AMFI president, was part of a 200-member business delegation that accompanied commerce & industry minister Piyush Goyal to Japan last week. In an interview, Sikka argues that there will be…
Jagdishan’s exit removes leadership uncertainty at HDFC Bank, giving board clear runway for transition and global growth plan. MUMBAI: Sashidhar Jagdishan’s decision to step down as HDFC Bank’s MD & CEO is set to remove a layer of uncertainty around the leadership of the country’s second-largest bank, giving the board and the incoming chief executive…
Economists estimate Q1 GDP growth at 7-7.5%, supported by consumer spending, govt capex and manufacturing. NEW DELHI: Despite facing significant headwinds from late onset of southwest monsoon and geopolitical uncertainties caused by lingering conflict in West Asia and uncertain tariff policies, growth momentum in April-June quarter is likely to have held up — aided by…
SBI and SBI Capital Markets to dilute up to 1% stake in NSE offer NEW DELHI: State Bank of India (SBI) and its subsidiary SBI Capital Markets together plan to dilute up to 1% stake in the National Stock Exchange (NSE) through the exchange’s proposed Rs 30,000-crore initial public offering (IPO). The bank is participating…
Bitumen prices remain elevated in India as supply improves but crude sourcing challenges keep road construction costs high NEW DELHI: India had faced a severe bitumen shortage at the peak of the West Asia crisis despite receiving crude supplies from Russia. The reason was that Russian oil is predominantly “sweet crude”, making it unsuitable for…
India’s economy set for 7-7.2% growth in FY27 despite global headwinds India’s economic engine is expected to stay firmly on track in FY27, with real GDP growth projected at 7-7.2%. The growth comes on the back of strong domestic demand and continued government spending on capital projects supporting economic activity, EY said in a recent…
