Oil prices rise. Photo credit: ANI Oil prices edged higher on Tuesday after a sharp decline in the previous session, as investors weighed cautious optimism over US-Iran peace talks against uncertainty surrounding the resumption of crude shipments through the Strait of Hormuz.Brent crude futures rose 24 cents, or 0.38 per cent, to $78.15 a barrel,…
NEW DELHI: As US Trade Representative Jaimeson Greer touches down in the Capital for negotiations, commerce and industry minister Piyush Goyal Monday said that India will seek a comparative advantage in the trade deal.“We are trying to work out with the US how we can get a comparative advantage so that our exporters, MSMEs, processed…
Gold price prediction today: A consistent rise in gold prices due to drop in oil prices is being constrained by hawkish outlook from central banks which are signalling a possible rate hike to keep inflationary pressures in check, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
Iran hopes to make the most of the temporary reprieve that could allow it to restart exports. (AI image) With the Donald Trump administration announcing a 60-day waiver for Iran’s petroleum products, Tehran is reportedly rushing to sell oil to some of Asia’s biggest crude buyers, including India.For years, sanctions restrictions forced Iran to direct…
The Securities and Exchange Board of India (SEBI) has launched a comprehensive review of regulations governing stock exchanges, clearing corporations and commodity derivatives exchanges. The exercise includes a proposed overhaul of technology-related rules as part of efforts to improve ease of doing business and reduce compliance burdens in the securities market.In a press release issued…
Wall Street began the day on a weak note on Tuesday with benchmark indices plunging in red. The stocks came under heavy pressure as the broad sell-off in technology shares deepened, with the Nasdaq Composite falling more than 2% in early trading and futures signalling further declines ahead of the opening bell.Around 7:30 pm IST,…
The continued uncertainty over the US-Iran peace talks outcome also acted as an overhang on the benchmarks. (AI image) Stock market crash today: Nifty50 and BSE Sensex crashed in trade on Tuesday due to multiple factors including weak global cues and a renewed selloff in IT stocks. The continued uncertainty over the US-Iran peace talks…
The attraction of US equities extends well beyond a handful of technology companies. (AI image) A few weeks ago SpaceX’s listing on the US stock market made Elon Musk the world’s first trillionaire. The US stock market remains the biggest in the world, with several of its companies having over trillion dollar valuations. In fact,…
AI generated image, used only for representational purpose The South Korean stock market went from record highs to a sharp sell-off, with the benchmark Kospi tumbling as low as 10% on Tuesday. The drop came as investors rushed to sell chip stocks over fears of excessive speculation. Kospi ended the day at 8,203.84, down 910.71…
India’s US LPG imports to surpass 1 million tonnes after Hormuz disruption (Image/PTI) India’s imports of liquefied petroleum gas (LPG) from the United States are set to surpass 1 million metric tonnes in June for the first time.The move comes as New Delhi turned to more expensive suppliers after disruptions to LPG supplies from the…
