Mumbai: Equity benchmark indices Sensex and Nifty bounced back sharply in early trade on Tuesday after two days of massive decline, following a drop in crude oil prices and recovery in global markets amid hopes that the conflict in West Asia could conclude soon. The 30-share BSE Sensex rebounded 809.57 points to 78,375.73 in opening…
In the fast-evolving landscape of Indian personal finance, a popular strategy promoted across social media promises seemingly effortless wealth creation: borrow against residential property at 8-10% interest, deploy the proceeds into equity mutual funds expecting 12-15% long-term returns, and use Systematic Withdrawal Plans (SWPs) to service the loan while the house appreciates independently. On Excel…
New Delhi: Petrol and diesel prices will not be increased for now despite international crude oil rates crossing USD 100 per barrel, government sources said on Monday, even as authorities stepped up efforts to maintain uninterrupted fuel supply lines across the country. As the conflict in West Asia entered the tenth day, world markets plummeted,…
Mumbai: Stock market benchmark indices Sensex and Nifty tumbled nearly 3 per cent in early trade on Monday as boiling crude oil prices and bearish trend in global equities weighed heavily on investors’ sentiment. Besides, relentless foreign fund outflows also made investors jittery. The 30-share BSE Sensex crashed 2,345.89 points or 2.97 per cent to…
New Delhi: India has secured the best trade deal with the US compared to its competing nations, Commerce and Industry Minister Piyush Goyal said on Saturday, noting that the two countries share a “very powerful” relationship. He said that the US is the world’s largest economy – USD 30 trillion – and nobody can wish…
New Delhi: The prices of domestic LPG and commercial cylinders were hiked by a steep Rs 60 and Rs 114.5, respectively, amid rising energy costs linked to the West Asia conflict. Non-subsidised LPG, the one that common household users other than the Ujjwala beneficiaries use in their kitchens, will now cost Rs 913 per 14.2-kg…
New York/Washington: The US said it has given “permission” to India to buy Russian oil that is on ships already floating on waterways with a view to easing supplies around the world amid the West Asia conflict. “The world is very well supplied in oil. Yesterday, the Treasury Department agreed to let our allies in…
New Delhi: The Enforcement Directorate (ED) on Friday conducted searches at multiple locations in Mumbai and Hyderabad as part of an investigation into Reliance Power Ltd, a group company of businessman Anil Ambani, officials said. About 10–12 locations linked to the company and its executives are being searched in the two cities, they added. Around 15…
The Indian government has launched National Monetisation Pipeline 2.0 (NMP 2.0), a scaled-up blueprint for unlocking value from public infrastructure assets to fund ambitious development goals without escalating debt. Unveiled by Finance Minister Nirmala Sitharaman on February 23, 2026, and prepared by NITI Aayog, NMP 2.0 targets an aggregate monetisation potential of ₹16.72 lakh crore over FY26–FY30 (2025-26…
Beijing: China on Thursday lowered its GDP target to 4.5 to 5 per cent for this year in the face of Trump’s trade tariff war, the worsening global crisis following the US-Iran war and headwinds in the domestic economy, owing to a property market slump and unemployment crisis. The target close to that of last…
