The US waiver allowing additional purchases of Russian crude over baseload offers short-term relief. (AI image) US-Israel-Iran war impact on India: The Donald Trump administration’s move ‘granting’ waiver to purchase Russian crude in lieu of the de facto closure of the Strait of Hormuz has important implications for India’s energy security. Around 90% of India’s […]
‘If they rise, they rise’: Trump dismisses gas price worries as US-Iran war rattles oil markets
US President Donald Trump said Thursday he was not worried about rising gasoline prices linked to the widening conflict with Iran, adding that the military campaign was a bigger priority.“I don’t have any concern about it,” Trump told Reuters in an interview when asked about higher prices at the pump. “They’ll drop very rapidly when […]
Middle East crisis: Strait of Hormuz tensions add risks for subsea cables critical to India’s data flows
The Strait of Hormuz, a critical global shipping route, is also emerging as a vulnerable corridor for undersea internet cables as tensions in West Asia escalate.The passage controls about a third of India’s westward internet traffic, and experts say this capacity cannot be easily rerouted because alternate routes have limited supply.The deteriorating security situation has […]
Asian stocks today: Kospi drops 1.6% as Middle East tensions weigh on markets
Asian stocks mostly fell on Friday as the ongoing conflict in the Middle East continued to unsettle global markets, while oil prices remained elevated despite some efforts to ease supply concerns.After a difficult week on trading floors, investors are heading into the weekend uncertain about when the US-Israel war on Iran and Tehran’s attacks across […]
Stock market today: Nifty50 opens below 24,650; BSE Sensex down over 500 points on Middle East tensions
Stock market today (AI image) Stock market today: After a relief rally on Thursday, Nifty50 and BSE Sensex opened in red on Friday on weak global cues amid escalating Middle East tensions. While Nifty50 went below 24,650, BSE Sensex was down over 500 points. At 9:18 AM, Nifty50 was trading at 24,610.90, down 155 points […]
Bajaj Finance, Havells & more: Top stocks to watch out for on March 6
Jefferies has a buy on L&T with a reduced target price of Rs 4,500 from Rs 4,715 earlier. Analysts said global engineering & construction companies with West Asia exposure, including L&T, are down between 10-24% since the Iran-US-Israel conflict began. 37% of L&T’s order book is from the region, with Saudi Arabia at a lion’s […]
In a first, BoB raises Rs 10,000 crore from green infra bonds
MUMBAI: Bank of Baroda raised Rs 10,000 crore through Series I long-term green infrastructure bonds, becoming the first bank in India to issue domestic green bonds.The seven-year bond was placed on the Electronic Book Provider platform of the National Stock Exchange of India with a Rs 5,000 crore base issue and a Rs 5,000 crore […]
Sensex Recovery: Sensex recovers 900 points on improving geopolitical cues
MUMBAI: Sensex reversed its falling trend on Thursday and regained part of the 2,300-point fall recorded in the two previous sessions since the war started in West Asia. At the end of a volatile session the index was up 900 points or 1.1% at 80,016 points.The day’s session started on a strong footing after the […]
Stock market today: Nifty50 ends above 24,750; BSE Sensex up 900 points – top reasons for rally
Stock market today (AI image) Stock market today: Sensex and Nifty, the Indian benchmarkets, rallied in trade on Thursday after two consecutive sessions of crash due to the Middle East crisis. While Nifty50 went above 24,750, BSE Sensex closed above 80,000. Nifty50 ended the day at 24,765.90, up 285 points or 1.17%. BSE Sensex closed […]
Gold price today: How much 24K, 22K gold costs in Delhi, Mumbai & more – check rates
Gold prices showed mixed movement in futures trade on Thursday, while retail bullion rates across major Indian cities witnessed a mild correction amid recent volatility in global markets.As of 14:59, gold futures on the Multi Commodity Exchange (MCX) remained largely steady across contracts. The April 2026 contract was trading at Rs 1,61,600 per 10 grams, […]