MUMBAI: Fears of a trade war roiled stock markets globally as US President Donald Trump imposed higher tariffs on key trading partners, triggering retaliatory action by Canada and China, which made equities weak again. The impact was felt on Dalal Street too as the sensex closed below the 73,000 mark, while Nifty fell for the 10th consecutive session – its …
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NEW DELHI: The oil ministry has slapped a demand for $2.8 billion on Mukesh Ambani-led Reliance Industries and its partner BP operating the KG-D6 block off the Andhra coast, even as the consortium prepares to challenge a Delhi high court order upholding the government’s claim in a decade-old battle that has come to be known as the ‘gas siphon case’.The …
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Fixed deposits are seen as reliable savings products where money is invested for a specific period with assured returns. (AI image) Top Bank Fixed Deposits: Bank Fixed Deposits (FDs) continue to be a favoured investment option for risk-averse investors looking for consistent returns. The present elevated interest rates offer a favourable investment window, particularly with RBI’s recent repo rate cut …
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RBI’s 2003 regulation granted ‘non-resident Indian’ (NRI) status to overseas students. (AI image) The Reserve Bank of India (RBI) is reportedly examining the utilisation of a two-decade-old foreign exchange regulation that was initially established to assist Indian students studying abroad. Students have been quietly facilitating international money transfers for years, a practice that is now gaining attention.The central bank’s 2003 …
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The severe decline in LIC’s investments directly correlates with the overall market crash. (AI image) Stock market crash impact: Life Insurance Corporation of India (LIC), the country’s largest domestic institutional investor, has experienced a substantial decline of Rs 1.45 lakh crore in its equity portfolio value within two months of 2025. The value decreased from Rs 14.9 lakh crore in …
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Market experts anticipate a flat to downward trend due to mixed international indicators and absence of domestic catalysts. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red on Tuesday. While BSE Sensex went below 72,800, Nifty50 was below 22,000. At 9:17 AM, BSE Sensex was trading at 72,707.94, down 378 points or 0.52%. …
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Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, CESC and NTPC are the top stocks to buy today:CESC – Buy in the range between Rs 130 & Rs 135; Stoploss: Rs 127; Target: Rs 140CESC has formed a small consolidation and is expected to break …
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NEW DELHI: Activity in the country’s manufacturing sector grew at its slowest pace in 14 months as production and new orders moderated but it still remained robust, a survey showed on Monday.The HSBC India Manufacturing Purchasing Managers’ Index (PMI) registered a reading of 56.3 in Feb, down from 57.7 in Jan, but still indicative of further improvement in the health …
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MUMBAI: Boring may be better for most Dalal Street investors. While the sensex is down over 6% this year, the BSE midcap index has slid 17% and smallcap has plunged over 22%. Market players say that pain for mid and small-cap investors is not likely to ease soon – due to earnings downgrades and overvaluation concerns. At the same time, …
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NEW DELHI: The Centre on Monday granted Navratna PSU status to Indian Railway Catering and Tourism Corporation and Indian Railway Finance Corporation, resulting in seven listed govt-owned companies under the state transporter’s charge getting the tag, which gives them greater operational flexibility.Of the 12 railway CPSEs, Concor, RVNL, IRCON, RITES and RailTel were classified earlier. “After 2014, all the seven …
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