As global crude prices climb and import bills swell across countries, the US has a different story to tell. Its import prices are rising too—but fuel is not the culprit. US import prices recorded an unexpected increase in June as a rise in nonfuel import costs outweighed lower fuel prices, according to data released by…
Top stocks to buy this week Stock market recommendations: Saatvik Green Energy, and Unimech Aerospace – Motilal Oswal Wealth Management Research Desk has picked these as the top stocks to buy for the week starting July 20, 2026: Name CMP TP Upside Saatvik Green Energy 468 565 21% Unimech Aerospace 1283 1530 19% Saatvik Green…
MUMBAI: Top private bank chiefs are taking a cautious view of RBI’s FCNR(B) deposit window, with lenders saying tax rules, overseas liquidity conditions and regulatory constraints could limit inflows below initial estimates.HDFC Bank MD & CEO Sashidhar Jagdishan said potential inflows under the scheme may be lower than initially expected because tax rules make the…
Oil prices rallied on Monday after conflict between the United States and Iran intensified, raising fresh concerns over crude supplies from the Middle East as shipping through the Strait of Hormuz came under increasing pressure.Brent crude climbed above $90 a barrel, rising 2.30% to $90.13, while US benchmark WTI crude gained 2.07% to $84.20. The…
NEW DELHI: With the fertiliser subsidy, other West Asia related spends and initiatives, such as the electronics manufacturing push through schemes for semiconductors and mobiles adding to the Centre’s expenditure, finance minister Nirmala Sitharaman may seek Parliamentary approval for additional spending, without losing sight of the overall fiscal situation.The discussion around the need for Parliamentary…
Representative generative image (created by Denny) NEW DELHI: As govt explores further decriminalisation of the Companies Act, the corporate sector has proposed changes to the amendment bill moved by the Centre, including those related to auditors. In a series of representations to the select committee looking at the amendments, a senior industry executive said: “Greater…
Punjab National Bank (File photo) NEW DELHI: State-run Punjab National bank, the second largest public sector lender, is targeting a mop up of $2.5 billion from Foreign Currency Non-Resident Bank deposits and has raked in $425 million so far.“We are getting major traction from the UK, Dubai and GIFT City. The demand is quite good,”…
NEW DELHI: Apple has increased subscription prices for Apple Music and Apple One in India. The price hike comes just days after AppleCare+ plans for Macs and iPads became costlier.The Apple Music Individual plan now costs Rs 139 per month, up from Rs 119 earlier, while the family plan has been increased to Rs 229…
MUMBAI: For local consumers, the India-UK Comprehensive Economic and Trade Agreement (CETA) means more choices on retail shelves as new British brands are expected to enter the market. In fact, initial queries and conversations have already started.But the deal may not immediately translate into steep price cuts for shoppers across the board-the depreciation of rupee…
NEW DELHI: Five of India’s 10 most-valued companies collectively added Rs 1.54 lakh crore to their market capitalisation last week, with Tata Consultancy Services (TCS) emerging as the biggest gainer after strong quarterly earnings helped lift investor sentiment amid a positive run in domestic equities.The gains came as the benchmark BSE Sensex advanced 582.06 points…
