US equity benchmarks traded mixed on Friday, with the S&P 500 and Nasdaq moving higher on strength in technology stocks after March inflation data came in line with expectations, while investors kept a close watch on geopolitical tensions in the Middle East.US consumer prices rose the most in nearly four years in March, driven by […]
US inflation spike: CPI jumps to 3.3% in March as Iran war lifts energy costs
Consumer inflation in the United States rose sharply to 3.3 per cent in March, government data showed Wednesday, as higher energy prices linked to the war in the Middle East pushed up costs for households, AFP reported.The increase marked a steep rise from 2.4 per cent year-on-year in February, reflecting the impact of surging fuel […]
Stock market today (April 10, 2026): Which are the top gainers and loser in Nifty50 and BSE Sensex today? Check list
Benchmark equity indices Sensex and Nifty rallied over 1% on Friday, led by strong buying in banking and financial stocks amid positive global cues and easing concerns around the Middle East situation.The 30-share BSE Sensex surged 918.60 points or 1.20% to settle at 77,550.25, after hitting an intra-day high of 77,622.50. The NSE Nifty climbed […]
Income tax deparment disposes 2.22 lakh appeals in FY26; says CBDT chairman
The Income Tax Department disposed of 2.22 lakh appeals in the last financial year, marking a 29% increase over the previous fiscal as part of efforts to reduce disputes and improve taxpayer services, PTI reported.CBDT chairman Ravi Agrawal, in a letter to officials, said actions in the current fiscal (2026-27) should be “guided” by data, […]
Mutual fund trends: Equity inflows jump 56% to Rs 40,450 crore in March; SIPs hit record high
Equity mutual funds saw net inflows surge 56% to Rs 40,450 crore in March, reflecting strong investor participation despite market volatility and geopolitical tensions, PTI reported.The inflow was the highest since July 2025, when equity-oriented funds had attracted Rs 42,702 crore.According to data from the Association of Mutual Funds in India (AMFI), this also marked […]
Strait of Hormuz control: Open or shut? Toll system, new conditions and what the ceasefire really means for global shipping — 15 FAQs answered
Image used for representative purposes A fragile ceasefire between the United States and Iran has injected cautious optimism into one of the world’s most strategically sensitive maritime corridors, the Strait of Hormuz. But despite the diplomatic pause, shipping through the waterway still remains constrained, uneven, and heavily conditioned by security considerations.The strait, which connects the […]
India offers stability, seen as ‘safe anchor’: Shaktikanta Das
NEW DELHI: Shaktikanta Das, principal secretary to PM, on Thursday said that the West Asia crisis highlighted the importance of energy security and self-reliance, while asserting that India is seen as a “safe anchor” as it offers stability, predictability and prospects of long-term growth amid global uncertainty. “Even with all the turbulence around the world, […]
Jefferies’ Christopher Wood flags Pakistan as IMF-driven tactical opportunity, retains long-term positive view on India | Business
Jefferies’ global equity strategist Christopher Wood has said that Pakistan’s ongoing equity rally reflects a high-beta, IMF-driven trading opportunity rather than a structural shift, while maintaining that India remains his core long-term investment bet, backed by stronger fundamentals and improving valuations.In his latest GREED & fear newsletter, the India bull said Pakistan’s market offers opportunities […]
Will RBI’s move to stop rupee’s free fall backfire? What experts say
Following RBI’s restrictions, the rupee has rebounded more than 2 per cent to 92.66 against the dollar as of Thursday. (AI image) The Reserve Bank of India’s move to stem rupee’s fall may end up acting as a deterrent for global investors. The central bank’s most aggressive push in nearly a decade to stabilise the […]
Controlled movement, alternate routes, crypto tolls: Strait of Hormuz under new order — what has changed
Strait of Hormuz (AP image) The Strait of Hormuz, which links the Gulf of Oman with the Persian Gulf, has become the focal point of global energy tensions since the war began on February 28.Ever since Iran and the US announced a two-week ceasefire, traffic through the critical waterway has remained severely restricted, with as […]