Oil prices increased slightly on Tuesday amid ongoing uncertainty over talks between the United States and Iran and speculation around the potential reopening of the Strait of Hormuz, one of the world’s most critical energy transit routes.Brent crude futures rose by 0.06% to $95.04 a barrel, while US West Texas Intermediate declined slightly by 0.18%…
South Korea’s stock market has overtaken India to become the world’s sixth-largest equity market by value. (AI image) In yet another setback, South Korea’s stock market has overtaken India to become the world’s sixth-largest equity market by value. Last week, India was overtaken by Taiwan to become the fifth largest stock market. Within a week,…
Morgan Stanley maintained its overweight rating on Reliance Industries with the target price at Rs 1,803. Analysts said RIL is deploying $15 billion annual operating cash flows with shorter monetisation cycles now the new norm. New energy and AI infrastructure flagged as key value drivers funded by existing businesses. Kutch land assets of 550,000 acres…
Morgan Stanley maintained its overweight rating on Reliance Industries with the target price at Rs 1,803. Analysts said RIL is deploying $15 billion annual operating cash flows with shorter monetisation cycles now the new norm. New energy and AI infrastructure flagged as key value drivers funded by existing businesses. Kutch land assets of 550,000 acres…
NEW DELHI: Growth in GST collections slowed to 3.2% in May with the mop-up at Rs 1,94,184 crore on account of fall in revenue from domestic transactions. According to latest available data in May — based on transactions in April — GST from domestic sources was down 2.6% to Rs 1,34,530 crore.Govt, however, attributed it…
CHENNAI: The Indian passenger vehicle (PV) industry delivered a resilient performance in May 2026, with four of the six leading automakers-which together account for nearly 94% of India’s PV volumes-posting double-digit year-on-year growth despite recent vehicle price increases driven by rising raw material costs linked to the West Asia crisis, and a fuel price hike…
MUMBAI: Unified Payments Interface transactions rose to 2,320 crore in May 2026 from 2,235 crore in April while value increased to Rs 29.9 lakh crore from Rs 29 lakh crore, translating into 24% growth in volume and 19% growth in value on a year-on-year basis.Average daily transactions stood at 74.8 crore with 74.5 crore in…
NEW DELHI: India and Oman rolled out a free trade agreement on Monday, with first set of consignments being shipped at concessional or zero rates, as New Delhi offered a food security pact to further cement ties with the Gulf Nation.Amid the West Asia conflict, which has disrupted supplies, Oman’s foreign trade advisor Pankaj Khimji…
NEW DELHI: Govt is reviewing tariff concessions on Scotch and some other products proposed in the trade agreement with the UK if its concerns over steel quotas and duties are not addressed before the treaty is ratified.“We have to rebalance the FTA… We haven’t made up our mind, but we can consider action on certain…
MUMBAI: Amid a sweeping restructuring at Tata Digital, Maya Tata, the daughter of Tata Trusts chairman Noel Tata, is exploring a move out of the company, said people familiar with the matter.Maya, 37, is weighing roles across several Tata Group companies, including Trent and Tata Consumer Products, with people saying she is favouring the listed…
