Spot gold, following a weekly loss of 2% is currently trading nearly 0.75% lower at $4584 as crude oil, after wavering a bit in the overnight and Asian sessions, has climbed again as Hormuz uncertainty lingers. Oil initially fell as US President Donald Trump announced a plan called Project Freedom to help vessels through the…
India’s manufacturing activity showed a mild recovery in April, with growth in new orders and output improving sequentially, though the pace remained among the slowest in nearly four years, PTI reported.The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to 54.7 in April from 53.9 in March, signalling continued expansion but marking the…
A company law appeals court on Monday rejected a challenge by mining billionaire Anil Agarwal’s Vedanta Ltd to the winning bid by Gautam Adani’s group for bankrupt real estate firm Jaiprakash Associates Ltd (JAL), whose assets include India’s only Formula One circuit. The National Company Law Appellate Tribunal (NCLAT) did not find merit in the…
OPEC+ announced on Sunday that seven member nations would increase their combined production targets. (AI image) Oil price today: Crude oil prices on Monday edged down after US President Donald Trump announced that Washington would take steps to assist vessels stranded in the Strait of Hormuz. Still, crude remained firmly above the $100-a-barrel mark as…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex rallied strongly in opening trade on Monday as crude oil prices dipped and US President Donald Trump signalled help for ships stuck in the Strait of Hormuz. State election results from West Bengal, Kerala, Assam, Tamil Nadu, and Puducherry are also in focus….
Looking ahead, markets will closely track global PMI releases and US labor market data for further direction on inflation and policy outlook. (AI image) Gold price prediction today: Gold prices are seeing consolidation, according to Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold prices extended last week’s decline, hovering near one-month…
Top stocks to buy (AI image) Stock market recommendations: Sudeep Shah, Head – Technical Research and Derivatives at SBI Securities has recommended Yatharth Hospital & Trauma Care Services Ltd, and Gujarat Ambuja Exports Ltd as the top stock recommendations for the week that starts today, May 4, 2026. The expert also shares his outlook for…
Top stocks to buy (AI image) Stock market recommendations: Granules, and UltraTech Cement have been picked as the top stock recommendations from the week starting May 4, 2026 by Motilal Oswal Wealth Management Research Desk. Let’s take a look: Name CMP TP Upside Granules 701 820 17% UltraTech Cement 11597 13800 19% GranulesGranules India reported…
MUMBAI: The appointment of Rohit Jain as deputy governor at the Reserve Bank of India comes after the retirement of T Rabi Sankar and at a time when the central bank has to prepare banks for new risks, including cybersecurity.Jain, who was appointed executive director in Dec 2020, was until now in charge of supervisory…
Healthcare industry body NATHEALTH on Sunday welcomed the government’s National Building Construction Standards (NBCS) 2026, saying the new norms easing height restrictions for hospitals are expected to reduce infrastructure bottlenecks and improve access to healthcare, PTI reported.The industry body said the revised standards allow hospitals to build beyond earlier limits and permit Intensive Care Units…
