Hyderabad: Aurobindo Pharma’s board on Monday approved a Rs 800 crore share proposal to buy back up to 54.23 lakh fully paid-up equity shares of […]
Category: Business
Gold and silver outlook: Where are prices headed in FY27? Here’s what analysts say
Precious metal prices in India are expected to remain moderately strong in fiscal year 2026–27, supported by ongoing global uncertainty. Geopolitical tensions, fears of trade […]
India seeks 2.5 million metric tons of urea amid Middle East supply amid Hormuz supply hit
India is stepping up efforts to secure fertiliser supplies, with plans to import 2.5 million metric tonnes of urea as it works to stabilise availability […]
Saudi raises Arab Light crude to record premium as Iran war disrupts markets
Saudi Arabia has raised the price of its main crude grade for Asian buyers to a record high, as the Middle East conflict enters its […]
Approach to investing when bond yields begin to move up
Why are bond yields rising?Bond yields are climbing due to a combination of rising crude oil prices and a weakening rupee, both of which add […]
Rupee rebounds: Currency rises 33 paise to reach 92.85 against US dollar
Rupee stood firm on Monday, gaining 33 paise to reach 92.85 against the US dollar in early trade. This follows intervention by the Reserve Bank […]
Moody’s cuts GDP growth forecast for FY27 to 6%
NEW DELHI: Moody’s Ratings has slashed India’s economic growth estimates for the current fiscal to 6% from 6.8% earlier, saying the ongoing conflict in West […]
Strait Of Hormuz: Oil prices rise as Donald Trump issues fresh ultimatum on Strait of Hormuz; Brent nears $111
Oil prices began the week on a strong note, maintaining above the $100 per barrel mark on Monday, as the ongoing Middle East conflict continues […]
OPEC+ raises output quotas by 206,000 bpd from May; warns on supply risks due to Middle East war
OPEC+ on Sunday agreed to increase oil production quotas for the second consecutive month, while cautioning that damage to energy infrastructure amid ongoing conflicts could […]
Gold imports jump to $69 billion in Apr-Feb FY26; trade deficit widens
India’s gold imports rose 28.73% to $69 billion during April-February 2025-26, driven by elevated prices of the precious metal, according to Commerce Ministry data cited […]