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A rise in fuel prices could lead to higher consumer inflation in the coming months, according to Crisil. The rating agency warned that increased transport and production costs may pass on to consumers, affecting household budgets. Economists say sustained energy price pressure could also influence overall economic stability and spending patterns.
Indian equity markets closed higher on Tuesday, with Sensex rising 380 points, settling at 74,649.84 and Nifty ending at 23,523, driven by gains in IT, metal, and consumer durable stocks. Investors await details of the US-India trade deal talks in New Delhi. Global cues remained mixed amid tensions in West Asia and uncertainty over Iran-US […]
The government has launched an Offer for Sale (OFS) to divest up to a 6% stake in NHPC Limited at a floor price of Rs 71 per share, starting today. The move aims to meet disinvestment targets and boost public participation. Investor interest will determine the final subscription and overall proceeds from the sale process […]
The Reserve Bank of India (RBI) is expected to leave interest rates unchanged at its next policy review. However, rising crude oil prices and a weaker rupee may prompt policymakers to adopt a more tough stance. Top economist Pranjul Bhandari believes the RBI could raise its inflation outlook, with consumer inflation 5% if crude oil […]
The rupee strengthened by 16 paise to 95.03 against the dollar in early trading today. The currency opened at 95.16 in the interbank forex market before gaining ground. Traders attributed the positive movement to mild risk-off sentiment and growing focus on RBI policy. However, uncertainty surrounding tensions in Gulf continues to influence market sentiment.
Gold and silver rates remained steady in the Hyderabad bullion market today. The price of 10 grams of 24-carat gold is ₹1,56,220, while 10 grams of 22-carat gold is priced at ₹1,43,200. Silver continues to trade at ₹2,90,000 per kilogram. Market sources indicate that metal prices are almost identical across both Telugu states, with no […]
Indian stock markets opened sharply lower amid tensions between US and Iran and concerns over crude oil supply through Strait of Hormuz. The Sensex plunged 322 points to 73,945, while Nifty 50 slipped 155 points to 23,231. Bank Nifty also declined 379 points. The rupee weakened by 11 paise to 95.09, reflecting a broad risk-off […]
The workforce of the RBI declined for the first time in five years, with employee strength falling from 13,520 at the end of 2024 to 13,220 by the close of 2025. Despite the reduction, employee-related expenditure increased significantly. Owing to pension revisions, RBI’s employee expenditure rose by 10.8% to ₹10,136 crore during the 2025-26 financial […]
Section 301 of the US Trade Act allows Washington to impose tariffs or trade restrictions on countries it considers engaging in unfair practices. India is seeking protection from its potential use amid rising trade tensions. Officials fear punitive measures could impact exports and bilateral relations, making diplomatic engagement crucial to avoid economic disruptions.
Gold prices in Dubai dropped sharply on June 1, with 24-carat falling to Dh541.75 per gram. Other categories also declined as international bullion rates eased due to a stronger US dollar and higher oil prices. Analysts linked the fall to global market uncertainty, while buyers in the UAE welcomed the reduced jewellery costs.
Banks have approved ₹35,000 crore in credit support for MSMEs impacted by disruptions linked to the West Asia crisis. The funding aims to ease liquidity stress, stabilize operations, and protect small businesses facing supply chain and trade challenges. The move is expected to strengthen resilience in vulnerable sectors dependent on exports and imports.
India has tightened solar import rules from June 1 to boost domestic manufacturing and reduce dependence on foreign suppliers. The new regulations are expected to impact solar panel imports, potentially influencing installation costs for consumers. While aimed at strengthening the local renewable energy sector, the move may lead to short-term price adjustments.
Sensex fell 508 points, settling at 74,267.34 and Nifty ended at 23,383 as FMCG, PSU Bank, auto, and realty stocks dragged markets lower. Hindustan Unilever, Shriram Finance, and Tata Consumer were top losers. IT and metal sectors outperformed. Sentiment weakened amid global concerns after US President Trump hinted at ongoing efforts for a possible Iran […]
The Reserve Bank of India is expected to maintain its policy interest rates over the next few quarters, according to a recent report. With inflation showing signs of moderation and growth remaining stable, the central bank is likely to adopt a cautious “wait-and-watch” approach. Markets anticipate no immediate rate cuts in the near term.
Commercial LPG cylinder prices have increased by Rs 42 per 19-kg cylinder, raising costs for restaurants, hotels, and businesses across India. However, domestic LPG cylinder prices remain unchanged, offering relief to household consumers. The latest revision follows regular fuel price reviews and is expected to impact commercial establishments more.