Sensex soared nearly 800 points and the Nifty reclaimed the 24,000 mark Benchmark equity indices rebounded sharply on Wednesday, with the Sensex soaring nearly 800 points and the Nifty reclaiming the 24,000 mark, driven by falling crude oil prices, strong buying in banking and IT stocks, and optimism over a potential India-US trade agreement.The 30-share…
UAE, one of the oil market’s heavyweight players, stepped out of OPEC and questions are rising over what the move could mean for the group’s energy production.The United Arab Emirates’ departure from OPEC has already trimmed the group’s share of global crude oil output and production capacity, according to data released by the US Energy…
Both nations conclude ministerial-level talks on interim trade pact ahead of July tariff deadline India and the United States on Wednesday concluded a two-day round of ministerial-level negotiations on the proposed first phase of their Bilateral Trade Agreement (BTA), with both sides reviewing progress and discussing ways to finalise an interim pact before a key…
Elon Musk loses trillionaire status World’s first trillionaire is no longer a trillionaire!SpaceX founder Elon Musk lost his trillionaire status after a sharp sell-off in Tesla and SpaceX shares pushed the world’s richest person back below the 13-figure mark. According to Bloomberg’s Billionaires Index, Musk’s net worth has fallen to $957 billion. This comes after…
Oil prices drop to the lowest since February on Iran supply hopes Crude oil prices extended their decline on Wednesday, falling to fresh four-month lows as signs of improving tanker movement through the Strait of Hormuz and expectations of increased Iranian exports eased concerns over supply disruptions, according to Reuters.Brent crude futures dropped $1.37, or…
Over the last few years, Form 26AS and Annual Information Statement (AIS) have emerged as key ITR filing documents. (AI image) ITR filing FY 2025-26: For salaried taxpayers, Form 26AS has become an important part of the income tax return filing process. Before you e-file your ITR on the income tax website, it is important…
Any acquisition would depend on ONGC obtaining a licence from US authorities permitting it to operate the two fields. (AI image) Oil and Natural Gas Corp (ONGC) is reportedely in discussions with Venezuela’s state-owned oil producer PDVSA to purchase either a portion or all of its holdings in two oilfields located in the South American…
Gold Rate Today: Will gold fall to $3,800? Deutsche Bank has lowered its outlook for gold prices by slightly more than 20%, cautioning that the metal could decline to $3,800 per ounce if financial markets begin factoring in three to four interest rate increases by the US Federal Reserve. The bank said the balance of…
Top stocks to buy today (AI image) Stock market recommendations: Eicher Motors Ltd, Torrent Power, and Bajaj Auto have been recommended by Mehul Kothari, DVP – Technical Research at Anand Rathi Shares as top stock picks to buy today on June 24, 2026:Eicher Motors Ltd: Breakout Above Ichimoku Resistance with Strong MomentumBuy: Rs 7,650–Rs 7,550…
BENGALURU: Infosys sees a $300-$400 billion opportunity in AI-led services by 2030 and believes the technology will amplify, rather than diminish, the role of IT services companies, chairman Nandan Nilekani said on Tuesday.“AI will not replace companies like ours. It will amplify those who move with purpose and adapt with speed,” Nilekani told shareholders at…