US stock markets rallied sharply on Wednesday while crude oil prices plunged toward $90 per barrel after President Donald Trump announced a two-week ceasefire with Iran, easing fears of prolonged supply disruptions, AP reported.The S&P 500 surged 2.4%, while the Dow Jones Industrial Average jumped 1,332 points, or 2.9%, and the Nasdaq Composite climbed 2.9%…
The rupee appreciated 52 paise to close at 92.54 against the US dollar on Wednesday after US President Donald Trump announced a two-week suspension of military strikes against Iran and the Reserve Bank kept policy rates unchanged, PTI reported.Forex traders said investor sentiment improved following Governor Sanjay Malhotra’s assurance that recent forex measures do not…
The High Court undertook a detailed scrutiny of the financial disclosures made by both parties. (AI image) In a detailed and socially grounded ruling, the Delhi High Court has reiterated that a father cannot evade his obligation to maintain his minor children by understating his income or making selective financial disclosures. The Court stressed that…
Equity benchmark indices Sensex and Nifty50 surged nearly 4% on Wednesday, tracking a sharp rally in global markets and a steep fall in crude oil prices after the US and Iran announced a two-week ceasefire. The rally was also supported by the Reserve Bank of India’s decision to keep the policy repo rate unchanged, broad-based…
Workplace trends are shifting from “quiet quitting” to “job hugging”, with employee engagement declining globally and sharply in South Asia particularly India, according to Gallup’s State of the Global Workplace 2026 report, as reported ET.Released on Wednesday, the report analysed employee mood and well-being across 160 countries and found that engagement has declined for the…
The Union Cabinet, on Wednesday approved the proposal of the Department of Fertilisers for fixing the Nutrient Based Subsidy (NBS) rates for the Kharif season 2026 on phosphatic and potassic (P&K) fertilisers, according to an official statement.The subsidy will be applicable for the Kharif season from April 1, 2026 to September 30, 2026. The tentative…
Gold prices on Wednesday showed a mixed trend with futures trading higher while retail rates moved both up and down across cities.Data from the Multi Commodity Exchange (MCX) showed that the June contract rose Rs 3,236, or 2.15%, to Rs 1,53,525 per 10 grams, while the August contract gained Rs 3,498, or 2.29%, to Rs…
Adani group stocks surged up to 13% on Wednesday after Gautam Adani moved a US court seeking dismissal of the Securities and Exchange Commission’s (SEC) civil case. The move has boosted investor sentiment across Adani Group firms.The rally followed a development in a New York federal court, where lawyers representing Gautam Adani said that they…
Tracking data from LSEG showed that the vessel had earlier moved into Southeast Asian waters. (AI image) Amid the Middle East conflict, India is all set to get its first shipment of Iran crude oil in over seven years. The decision to buy comes as the Donald Trump administration has waived off sanctions on Iran…
Gold remains in a broad consolidation phase following the recent correction from highs. (AI image) Gold price prediction today: Gold prices will likely be range-bound in the coming days, says Divya Mandaliya, Commodity Research Analyst, Anand Rathi Share and Stock Brokers Limited.Gold’s price action over the past week highlights a market increasingly driven by liquidity…
