Dalal Street will closely watch developments in the US-Iran conflict, crude oil price movements, and the ongoing corporate earnings season for direction this week, analysts said. They added that foreign investor activity will also remain an important factor influencing trading trends. “Geopolitical developments in the US-Iran conflict will remain a key monitorable, given their direct […]
India-US trade deal: Three-day talks to begin from April 20; what to expect
India and the United States are set to resume trade negotiations this week, with a delegation of about a dozen officials travelling from New Delhi to Washington for discussions on the first phase of the proposed bilateral trade agreement (BTA). The talks, scheduled from April 20 to 22, will be led by India’s chief negotiator […]
Market recap: Eight of top 10 firms add Rs 1.87 lakh cr in mcap; Airtel biggest gainer
Dalal Street ended the week in green, lifting the combined market value of eight of India’s top ten companies by Rs 1,87,497.45 crore in the past week. Bharti Airtel stood out as the biggest gainer during this period.The broader market remained upbeat, with the BSE Sensex advancing 943.29 points, or 1.21 per cent, and the […]
Middle East turmoil tests economies: India’s growth stays firm at 6.8%; oil shocks threaten US outlook
India’s growth trajectory is expected to remain steady despite the ongoing Middle East crisis, that has sent ripples across the globe. In its latest report, SBI Research said that the country is navigating oil shocks and the Iran war from a “situation of strength”, projecting GDP growth at 6.8% to 7.1% in FY27.The report noted […]
Rs 20,000 crore gold, silver rush: What will people buy this Akshaya Tritiya?
This Akshaya Tritiya, India’s gold and silver markets are heading for bumper purchases, with overall trade likely to cross Rs 20,000 crore even as record-high prices reshape buying patterns. The estimate, shared by the Confederation of All India Traders (CAIT), is higher than last year’s Rs 16,000 crore, signalling growth in value despite a sharp […]
Pilot Training Costs: Pilot training gets dearer on costlier jet fuel, weaker rupee
NEW DELHI: Becoming a pilot has just got more expensive with the hike in jet fuel price and the rupee crashing. Getting a commercial pilot licence (CPL) in India — which involves flying for a minimum of 200 hours and clearing theory exams — used to cost about Rs 50-60 lakh earlier in India, and […]
Should you buy gold this Akshaya Tritiya? Historical returns with silver, Sensex compared; what 5 experts have to say
Gold and silver have marked gains of around 10% and 5% year-to-date. Should you buy gold this Akshaya Tritiya? We asked five experts: (AI image) Gold buying in India is not just about its safe haven status – it is traditionally considered auspicious. Festivals across the year become major days on which gold buying peaks. […]
HDFC Bank Q4 profit rises 9.1% to Rs 19.2k crore
NEW DELHI: HDFC Bank, the country’s largest private lender, has recorded a net profit of Rs 19,221 crore during the fourth quarter of last financial year, up 9.1% from Rs 17,616 crore a year ago, while full-year net profit rose to Rs 74,671 crore from Rs 67,347 crore, an increase of 10.9%. The board recommended […]
DA hike: Govt approves 2% dearness allowance raise for central government employees
The Cabinet on Saturday approved a 2 per cent increase in Dearness Allowance (DA) and Dearness Relief (DR) for Central government employees and pensioners, taking the rate to 60 per cent of basic pay, Union minister Ashwini Vaishnaw announced.The hike will be effective from January 1, 2026, and is expected to benefit about 50.5 lakh […]
Govt clears Bharat Maritime Insurance Pool with Rs 12,980 crore guarantee for shipping risks
The government has approved a Bharat Maritime Insurance Pool with a sovereign guarantee fund of Rs 12,980 crore to support maritime insurance amid disruptions caused by the Middle East conflict, Union minister Ashwini Vaishnaw announced on Saturday.The scheme aims to address rising insurance premiums and tighter approvals for shipping cover, which are currently being granted […]