Global oil stocks are under pressure, and the scale of disruption is particularly difficult to determine. The US-Iran war may have led the world to see one of the biggest oil supply disruptions in history but crude prices have largely seen a limited spike. But, for how long? The Middle East conflict is showing no…
AI is becoming a part of finance but governance has to catch up What if your next financial advisor is an AI?You could ask how much tax you owe, whether a particular investment is too risky, whether you can afford a home loan, or which financial product suits your needs.For companies, the questions get bigger:…
India’s chip story enters next phase India is likely to have five to six semiconductor projects in commercial production by the end of 2026, marking the next phase in the country’s efforts to build a semiconductor ecosystem, MeitY secretary S Krishnan said on Tuesday.Speaking at a press conference to announce the fifth edition of Semicon…
Bank holiday on August 19 If you are planning a bank visit on Wednesday, August 19, you may want to check your state’s holiday calendar first. Banks in Tripura will remain closed tomorrow to mark the birthday of Maharaja Bir Bikram Kishore Manikya Bahadur.The holiday, however, is not applicable to banks across India. Bank holidays…
The measures are being considered as sugar prices have surged ahead of the peak festival season (representative image) India is considering a series of measures, including limited duty-free sugar imports and tighter stockholding limits for bulk traders, to boost domestic supplies and rein in record sugar prices, government and industry sources said on Tuesday, according…
Indian currency notes. Photo credit: Reuters MUMBAI: The US banknote, the most ubiquitous currency in the world used in everything from drug deals to legally accepted tender in multiple countries, falls short of the rupee when it comes to circulation numbers. RBI deputy governor Shirish Chandra Murmu said there are three times as many rupee…
For Indian ships, the Arctic route could reduce the sailing distance by as much as 40%. (Image for representative purpose) In an important move, India may look to send its first cargo ship via the Northern Sea Route (NSR) to Russia next year. Russia’s Arkhangelsk region has held discussions with New Delhi on ways to…
India exported around $380 million worth of quartz surface products to the US in FY26. As the Donald Trump administration continues to find ways to impose tariffs, India has approached the World Trade Organization (WTO) seeking consultations with the US over Washington’s tariff-rate quota on imports of quartz surface products. The measure took effect on…
Colgate-Palmolive India signals further pricing action to offset commodity inflation. Photo credit: ANI MUMBAI: Colgate-Palmolive India on Monday signalled that the company may take more price hikes in the coming quarters to protect margins as firms across sectors continue to tackle commodity inflation triggered by the West Asia war. Inflation will be an issue, the…
Spot gold is expected to trade with a positive bias in the short run on reduced rate hike possibility. Gold price prediction today: Gold prices are likely to trade with a positive bias in the near-term and buying on dips is the recommended strategy, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Gold…
