Prime Minister Narendra Modi is set to visit Rajasthan on Tuesday, where he will dedicate a major refinery-cum-petrochemical complex to the nation. The plant, located at Pachpadra in Balotra, has been developed by Hindustan Petroleum Corporation Limited in partnership with the Rajasthan government. The refinery is set to reduce reliance on energy imports and boost…
MUMBAI : Multiple reports show that bankers are bracing for slower credit offtake in FY27 after a high base in FY26, with deposit mobilisation emerging as a constraint on margins.According to a survey by the Indian Banks Association and Ficci, lenders have entered FY27 with a constructive but more calibrated outlook, with nearly 71% of…
MUMBAI: Light-weight jewellery was the flavour this Akshaya Tritiya, as a steep rise in gold prices nudged consumers to strike a balance between their budgets and love for the yellow metal that’s considered auspicious in Indian culture.For context—gold has risen nearly 57% year-on-year since last year’s festival—from around Rs 97,000 per 10 grams to roughly…
Indian workers are putting in fewer hours weekly compared to pre-pandemic levels, with self-employed individuals seeing the steepest decline. This trend, alongside modest real earnings growth, suggests lower aggregate demand and a recovery driven by a select few. Women’s increased labor force participation, particularly in rural agriculture, indicates distress-led employment. NEW DELHI: Indian workers put…
China’s increased purchases of ethane also come ahead of a planned mid-May visit by Donald Trump to Beijing. (AI image) China, the world’s second largest economy, is facing supply disruptions due to the ongoing Middle East conflict. China is on track to bring in an unprecedented volume of US ethane this month, as petrochemical firms…
Top stocks to buy (AI image) Stock market recommendations: APL Apollo Tubes, and HDFC Asset Management Company are Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities’ top stock picks for this week. Below are his stock picks and also views on Nifty.Nifty ViewThe benchmark index Nifty continues to inch higher; however, this phase…
Gold is trading in a broad range. Price recently tried to break out of a sideways band (~152,800–154,500) and tested the upper Bollinger Band. (AI image) Gold price prediction today: Gold prices are expected to continue being volatile in the coming days on uncertainty related to the US-Iran war and inflation data this week, says…
Stock market today (AI image) Stock market today: Sensex and Nifty opened in red on Monday on weak global cues as the closure of Strait of Hormuz led to an increase in oil prices. While Nifty50 went below 24,300, BSE Sensex dropped over 200 points. At 9:16 AM, Nifty50 was trading at 24,290.00, down 64…
Oil prices surged sharply after Iran moved again to block most maritime traffic through the Strait of Hormuz, a critical chokepoint that handles roughly one-fifth of global crude flows, escalating geopolitical tensions and rattling financial markets.Brent crude, the global benchmark, jumped around 7 per cent to $96.88 a barrel, rebounding from Friday’s close, which had…
Top stocks to buy (AI image) Stock market recommendations: Bharat Electronics, and MTAR Technologies are the top stock recommendations by Motilal Oswal Wealth Management Research Desk for this trading week starting April 20, 2026. The brokerage shares the target prices and rationale. Stock Name CMP (Rs) Target (Rs) Upside (%) MTAR Tech 4857 6000 24%…