Gold on the domestic front on the daily chart is witnessing a short-term corrective phase after a strong uptrend. (AI image) Gold price prediction today: Gold prices are supported by the underlying geopolitical negative sentiment but the gains are capped, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold declined last […]
Gas supply crunch a worry for AC makers ahead of peak season
MUMBAI: Ahead of the onset of peak summers, a brisk business season for consumer durables companies, some AC makers are feeling the heat of the West Asia war as restricted supplies of LPG and shortage of petrochemicals are beginning to hit production, industry executives said. LPG is used in processes such as brazing of copper […]
Stock market today (March 16, 2026): Nifty50 opens below 23,150; BSE Sensex down around 100 points
Stock market today (AI image) Stock market today: After a week of selloff, Nifty50 and BSE Sensex opened flat in trade on Monday. While Nifty50 was below 23,150, BSE Sensex was down around 100 points. At 9:17 AM, Nifty50 was trading at 23,127.30, down 24 points or 0.10%. BSE Sensex was at 74,472.58, down 91 […]
Surcharges, longer routes push up cost for apparel exporters
NEW DELHI: The ongoing conflict in West Asia is pushing up costs for India’s apparel exporters, adding between Rs 12 and Rs 55 for every single garment exported due to longer shipping routes and war-related surcharges, according to estimates by the Apparel Export Promotion Council (AEPC).“A potential decline of apparel export orders to West Asia […]
Veteran Subedar named Tata Trusts consultant
MUMBAI: Tata Trusts has appointed Tata veteran Farokh Subedar, 71, as a consultant, according to people in the know. Subedar, who was with the Tata Group until last year, had shared the board at Tata Investment Corporation with Noel Tata, chair of Tata Trusts.The foundations are also considering former Tata Steel VP (corporate services) Chanakya […]
Iea Oil Reserves Release: Iran crisis: IEA says strategic oil reserves to be released immediately in Asia-Oceania, from end-March in US and Europe
The International Energy Agency (IEA) said on Sunday that strategic oil reserves will be released “immediately” in Asia and Oceania, while supplies from member countries in the Americas and Europe will begin flowing from the end of March, as governments move to cushion the oil shock caused by the ongoing West Asia war.As per news […]
Upgrad Acquisition Of Unacademy: Upgrad signs term sheet to acquire Unacademy in all-stock deal
BENGALURU: Edtech firm Upgrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction, founders of the two companies said in separate posts on X on Saturday, marking a significant consolidation move in India’s education technology sector.“We at Upgrad have signed a term sheet to acquire Unacademy in an all-stock deal,” Upgrad […]
Gold Prices: Gold, silver may see more corrective moves this week as Middle East tensions, central bank cues drive volatility
Gold and silver prices are likely to remain volatile and could see further corrective moves in the coming week, with investors closely watching developments in the Middle East conflict and a packed calendar of major central bank policy meetings, analysts said.Market participants are expected to remain focused on the evolving geopolitical situation, as any sign […]
International Energy Agency: IEA’s record 400 million-barrel oil release may offer only limited relief if Hormuz stays shut: S&P Global Energy
The International Energy Agency’s decision to release 400 million barrels of emergency oil stocks, the largest reserves drawdown in its history, is likely to provide only limited relief if the Strait of Hormuz remains closed, according to an analysis by S&P Global Energy, as global markets continue to reel from the supply shock triggered by […]
Indian Equity Markets: Middle East war, crude prices to steer Dalal Street this week; Fed, inflation data also in focus
Developments in the ongoing Middle East conflict and the movement in crude oil prices will be the key drivers for Indian equity markets this week, analysts said, with investors also closely tracking the US Federal Reserve’s interest rate decision, inflation data and foreign fund flows after a bruising selloff in Dalal Street.Market participants are bracing […]