US President Donald Trump on Wednesday (local time) said that the United States would tap its strategic oil reserves to help reduce fuel prices as global energy markets reel from the escalating Middle East conflict.“We’ll do that, and then we’ll fill it up,” Trump said about releasing crude from the US strategic reserve. “Right now,…
Motilal Oswal Securities has initiated its coverage of Jio Financial Services with a buy recommendation and a target price of Rs 320. Analysts said the company is architecting India’s next-gen financial services platform, leveraging ecosystem synergies, data, distribution and discipline for scalable finance. While near-term profitability remains subdued due to the incubation phase of multiple…
Stock market today (AI image) Stock market crash today: Continuing the down trend, Nifty50 and BSE Sensex, crashed in opening trade on Thursday with the US-Iran war showing no signs of stopping and oil prices climbing again. While Nifty50 went below 23,600, BSE Sensex was down over 900 points. At 9:16 AM, Nifty50 was trading…
Top stocks to buy (AI image) Top stock market recommendations: INOX India, and Apollo Hospitals Enterprise are buy calls from Aakash K Hindocha, Deputy Vice President – WM Research of Nuvama Professional Clients Group. The analyst recommends selling TVS Motor Company. Below is his views on on Nifty, Bank Nifty and each of the three…
CHENNAI/ NEW DELHI: The changes in foreign direct investment (FDI) rules for China and other land bordering countries (LBCs) are expected to fast track investment by global investment firms, such as Blackrock and Carlyle, as they were feeling the heat of approvals required, even if there was a very small Chinese shareholding.On Wednesday, the Union…
MUMBAI: Japan’s Mitsubishi UFJ Financial Group and State Bank of India on Wed announced a strategic partnership to structure and finance projects, including mergers and acquisitions, acquisitions, and real estate funding for Indian and global clients.The alliance follows new rules by Reserve Bank of India allowing banks to fund corporate acquisitions up to 75% of…
BENGALURU: From young professionals to experienced developers, techies are increasingly taking up freelance assignments to supplement incomes and build alternative career paths as the industry grapples with slowing hiring, rapid advances in AI, and growing uncertainty around traditional tech roles. For some, these gigs are side hustles alongside full-time jobs-reflecting a rise in moonlighting-while others…
MUMBAI: As the prospect of a quick end to the war in West Asia thinned, sensex reversed with a 1,342-point slide on Wednesday to close at 76,864 points. The index is now down more than 10% from its all-time high of 86,159 points recorded intraday on Dec 1, 2025. Since the war between the US-Israel…
‘Oil Cos Have Ramped Up Output By 25%’ NEW DELHI: Govt on Wednesday said oil companies have ramped up LPG output by 25%, helping bridge a part of the deficit due to deficient imports, and advised against panic buying as cylinders were being delivered in two-and-a-half days. India imports around 60% of LPG. “Feedback suggests…
The United States has initiated new investigations into what it views as unfair trade practices by numerous countries, potentially paving the way for penalties such as additional tariffs, as President Donald Trump looks for alternatives after duties he imposed were struck down by the Supreme Court.The investigation into excess industrial capacity is aimed at India…