MUMBAI: Investors on the edge after an escalation in the West Asia conflict with most Dalal Street players expecting the Sensex to open lower on Monday. They also expect crude oil prices to spike, which in turn would put pressure on the rupee.On Sunday, after the US bombed three nuclear sites in Iran and the…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting June 23, 2025) are Larsen & Toubro, and Trent. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) LT 3658 4100 12% Trent 5950 6900 16% Larsen &…
NEW DELHI: India’s oil supply chain remains stable as a result of diversification in the last few years, oil minister Hardeep Puri said on Sunday. .“…We have diversified our supplies in the past few years and a large volume of our supplies do not come through the Strait of Hormuz now,” he said in a…
MUMBAI: Startups preparing to go public are increasingly opting for the confidential IPO filing route.After Swiggy’s $1.4-billion IPO last year, filed through the confidential mode, sailed through, a clutch of firms including PhysicsWallah, Groww, Boat, and Shiprocket have taken this route. Lenskart and Meesho are also headed this way, sources said. While traditional companies such…
NEW DELHI: Govt is drawing comfort from its diversified oil purchases but is keeping close tabs on the situation in the Strait of Hormuz, which accounts for nearly a fifth of global oil consumption, in the wake of the US attack on Iran.The Strait – which serves as the primary export route for Persian Gulf…
NEW DELHI: As Indian auto industry faces a magnet supply crunch, following restrictions placed by China, a group of companies, including some homegrown advanced material entities, have come forward to build in-house supply chains.The companies have made presentations to govt, including the heavy industries ministry, and assured building of supplies within India to reduce dependence…
CHENNAI: India Cements is selling its subsidiary Industrial Chemicals and Monomers (ICML) to Mirai Sensing for Rs 97.7 crore. The company will enter into an agreement with Chennai-based Mirai Sensing and complete the sale within six months from the date of agreement, India Cements informed the stock exchange. India Cements board at its meeting, on…
India’s coffee exports have surged by 125 per cent over the past 11 years, touching $1.8 billion in 2023–24, up from $800 million in 2014–15, according to central government data.The rise in exports has been attributed to a series of policy measures implemented by the Coffee Board of India, including digitalisation of permits, export incentives,…
India’s reliance on crude oil imports is at approximately 90%, with Middle Eastern nations supplying more than 40% of these imports. (AI image) Iran-Israel war & Strait of Hormuz: With escalating tensions between Iran and Israel, especially after the US bombed nuclear facilities in Iran earlier today, there are rising fears of the Strait of…
Seeking to plug systemic safety gaps exposed by recent accidents, the Directorate General of Civil Aviation (DGCA) has introduced a special-audit framework that promises a 360-degree evaluation of India’s entire aviation ecosystem, replacing the existing “silo” style of inspections.In a circular dated June 19, the regulator said the new mechanism transcends the current domain-wise checks…
