Nearly all Indian refiners, except Numaligarh Refinery, are now importing Russian crude. (AI image) India’s imports of crude oil from Russia have dropped from the highs seen in March when the supply disruptions from the Middle East caused by the US-Iran war and the Strait of Hormuz closure prompted refiners to step up buys from…
Gold price prediction today: Any upside in gold prices is likely to be capped by gains in crude oil prices, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
The Middle East conflict has already been rattling global oil flows, draining supplies, tightening reserves and pushing crude prices higher across markets. But Iran, one of the key flashpoints in the crisis, seems to be dealing with a different kind of pressure altogether. Instead of just struggling with disrupted exports, the country is now staring…
MUMBAI: General Atlantic and Accel backed new-age insurer Acko has kicked off IPO process, roping in Morgan Stanley, ICICI Securities and Kotak Securities as bankers for the issue expected to hit Dalal street in early 2027, said people in the know. The company, which is planning to make a confidential filing sometime in the second…
Goldman Sachs maintained its buy rating on Reliance Industries with the target price at Rs 1,910. Analysts said the company reported Jan-March (Q4FY26) earnings before interest, taxes, depreciation and amortisation (EBITDA) miss due to weak oil-to-consumer (O2C) margin capture, while high crude premiums and logistics costs offset strong product cracks. Analysts expected sequential margin recovery…
Top stocks to buy (AI image) Stock market recommendations: Lupin, Jio Financial Services, Adani Ports and Special Economic Zone are the top stocks that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan recommends for buying on April 28, 2026.Lupin: Buy in the range between Rs 2324 & Rs 2325; Stop Loss: Rs 2204; Target:…
New Delhi: India’s cybersecurity agency, the Indian Computer Emergency Response Team (CERT-In) has warned that advances in artificial intelligence are pushing cyberattacks into a new phase, with automation and scale bringing them firmly into the spotlight.In an advisory, CERT-In said frontier AI systems are now capable of autonomously identifying software vulnerabilities, analysing large volumes of…
Mumbai: A man walks past the RBI logo at RBI headquarters in Mumbai. (PTI Photo/Shashank Parade) Mumbai: Banks will have to start setting aside money for possible loan defaults in advance from April 2027, using mathematical models to predict losses instead of waiting for borrowers to actually miss payments, under RBI’s final rules issued on…
Sun Pharmaceutical Industries on Monday announced it will acquire US-based Organon & Co. in an all-cash deal valued at $11.75 billion, marking one of the largest overseas acquisitions by an Indian company.Under the definitive agreement, Sun Pharma will buy all outstanding shares of Organon at $14 per share.The deal, approved by the boards of both…
Gold prices recently moved from the upper band toward the mid-band (20 DMA), and are now attempting to stabilize. (AI image) Gold price prediction today: Gold prices will closely track movements on the rate decisions by several central banks, including the US Federal Reserve, this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal…
