ONGC floated a tender for these rigs as it looks to accelerate hydrocarbon exploration under the government’s Samudra Manthan mission. (AI image) Oil and Natural Gas Corporation or ONGC is expected to spend about $18–20 billion on hiring deep-water drilling rigs for what could become its largest-ever oil exploration programme, according to people familiar with…
Rupee on Wednesday took another fall towards the 94 per US dollar mark, tumbling 20 paise in early trade to reach 93.96 against the greenback. This follows a weak run for the currency this month. Earlier on Tuesday, the currency had already slipped by 23 paise to settle at 93.76, pressured by a stronger US…
Gold recorded one of the sharpest weekly losses in recent years in the last week. (AI image) Gold price prediction today: Gold prices are likely to see movement based on inflation projections and rate cut expectations, says Maneesh Sharma, AVP – Commodities & Currencies at Anand Rathi Shares and Stock Brokers.Gold recorded one of the…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex continued their rally on Wednesday rising over 1.5% in early morning trade. While Nifty50 went above 23,250, BSE Sensex rose over 1,100 points. At 9:52 AM, Nifty50 was trading at 23,273.65, up 361 points or 1.58%. BSE Sensex was at 75,204.69, up 1,136…
Top stocks to buy (AI image) Stock market recommendations: Aurobindo Pharma, Infosys, and Larsen & Toubro (L&T) – these are the stocks that Mehul Kothari, DVP – Technical Research at Anand Rathi Shares and Stock Brokers has recommended as top stocks to buy today (March 25, 2026):Aurobindo Pharma – Breakout with Momentum ConfirmationBuy: ₹1280–₹1260 |…
US stocks slipped on Tuesday while oil prices resumed their climb, as continuing airstrikes on Iran and fresh missile attacks across the Middle East dampened the optimism that had lifted markets a day earlier.The S&P 500 fell 0.6%, giving back nearly half of its previous session’s gain. The Dow Jones Industrial Average dropped 363 points,…
Last Friday, the Donald Trump administration granted a 30-day waiver on sanctions for Iranian oil already in transit. (AI image) With the US waiving sanctions on Iran oil, Reliance Industries has reportedly bought 5 million barrels of Iranian crude. Reliance runs the world’s largest refining complex. The effective closure of the Strait of Hormuz has…
The Centre has extended the validity of tariff rate quota (TRQ) licences issued for gold imports under the India-UAE free trade agreement, offering relief to importers facing supply disruptions amid the ongoing geopolitical crisis, reported PTI.India allows quota-based duty concessions on gold imports under the TRQ mechanism as part of the Comprehensive Economic Partnership Agreement…
MUMBAI: The Reserve Bank of India (RBI) wants the payments industry to move towards an interoperable system that allows customers to view all mandates across payment instruments, whether UPI or credit cards, in a single interface. The central bank wants to position it as a key customer protection measure at a time when subscription-based services…
NE DELHI: Beer makers on Tuesday warned of supply disruptions this summer due to cost increase and inadequate availability of packing material, while Indian alcohol makers have asked states to revise prices of Indian Made Foreign Liquor, citing price pressures. The Confederation of Indian Alcoholic Beverage Companies said a weaker rupee, along with higher cost…