The US Treasury Department on Monday issued a general licence allowing the production, delivery and sale of Iranian-origin crude oil, petroleum products and petrochemicals through August 21. The United States has authorised the production, delivery and sale of Iranian oil marking a significant sanctions relief measure as Washington and Tehran continue negotiations aimed at reaching…
The Index of Eight Core Industries (ICI), which tracks coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, grew 0.5% in May on a year-on-year basis. The eight sectors account for 40.27% of the weight of the Index of Industrial Production (IIP). India’s infrastructure sector growth slowed to 0.5% in May from…
Which are top 10 gainers and losers on NSE & BSE today? Benchmark equity indices bounced back on Monday, with the Sensex rising 291 points and the Nifty reclaiming the 24,100 mark, supported by falling crude oil prices, fresh foreign fund inflows and optimism surrounding diplomatic progress in US-Iran negotiations.The 30-share BSE Sensex gained 291.17…
India has imposed anti-dumping duties for five years on imports of a chemical used in the rubber and tyre industry from China, the European Union and the United States, following findings that the product was being shipped into the country at unfairly low prices, causing injury to domestic manufacturers.The move follows recommendations by the Directorate…
Presenting the budget in the assembly, finance minister Swapan Dasgupta said the government had inherited a debt burden of Rs 8.15 lakh crore but would focus on restoring fiscal discipline while continuing welfare programmes. The BJP government in West Bengal unveiled its first budget on Monday, combining welfare spending with employment promises as it announced…
India’s state-owned refiners have already lined up sufficient crude supplies for roughly two months. (AI image) US-Iran war: India, importing around 90% of its crude needs, is stocking up on oil even as hopes of the Strait of Hormuz reopening completely stay. India has diversified its crude oil procurement, and stepped up imports in a…
Stock Market Live Today: Asian shares rally Asian equities moved higher on Monday after Iranian negotiators indicated that discussions with the United States had made headway, easing concerns that the fragile peace process was at risk of collapsing. Supporting the positive sentiment, officials from Qatar and Pakistan issued a joint statement saying that the opening…
The additional tax exposure can be significant where the employee has received taxable retirement benefits. (AI image) ITR filing: Salaried taxpayers who switched jobs need to be careful while filing their income tax returns. Switching jobs changes tax calculations at both companies – one that you are leaving, and the other that you are joining….
Top stocks to buy (AI image) JP Morgan has an overweight rating on Bajaj Finance with the target price at Rs 1,080. Analysts attended the management meet and came out with three important takeaways. For one, the company’s growth momentum on the ground remains strong despite macro concerns on higher global oil prices and supply…
Top stocks to buy today (AI image) Stock market recommendations: Motilal Oswal Wealth Management Research Desk has picked State Bank of India (SBI), and Bharat Electronics as the top stocks to buy for the week starting June 22, 2026. Target prices and upside targets have been given: Name CMP TP Upside SBI 1043 1300 25%…
