MUMBAI: The minutes of the April meeting of the Monetary Policy Committee (MPC) reveal a panel that was deeply concerned about the downside risks to growth emanating from the West Asia conflict, even as it remained uniformly confident about the resilience of India’s macro fundamentals leading to the unanimous decision to hold rates.Governor Sanjay Malhotra…
If you’re planning a bank visit or tracking market activity on April 23, it’s worth checking what’s open and what’s not, as the states of Tamil Nadu and West Bengal go to polls. Being aware of banking and stock market holidays can help consumers and traders plan their financial activity in advance. In India, bank…
Oil prices slipped slightly on Thursday after strong gains in the previous session, as investors weighed stalled peace talks between Iran and the United States and ongoing restrictions on key shipping routes, including the Strait of Hormuz.Brent crude futures fell 15 cents to $101.76 a barrel, after crossing the $100 mark for the first time…
Top stocks to buy (AI image) Top stock market recommendations: AJAX Engineering, ELGI Equipments, and KFin Technologies have been picked as the top stocks to buy on April 23, 2026, by Aakash K Hindocha, Deputy Vice President – WM Research of Nuvama Professional Clients Group. The analyst has also shared his outlook for both Nifty,…
MUMBAI: Even as it contends with slow sales and stiff competition from rivals, Elon Musk’s Tesla is expanding into India with a new product launch and wider coverage of its service centres and charging stations in the country. On Wednesday, the electric vehicle (EV) giant launched its six seater Model Y L variant in India,…
Russia’s share of India’s crude oil imports in March 2026 placed the month at the upper end of historical high. (AI image) In early March, India was staring at a possible crude oil supply problem – the US-Iran war caused the Strait of Hormuz through which 20% of global crude transits to be effectively closed….
Wall Street began in green on Wednesday, lifted by news that US President Donald Trump had agreed to prolong the ceasefire with Iran, soothing fears of further escalation. As of 7:17 pm IST, Dow Jones was up 320 points or 0.65% to 49,469 while tech heavy Nasdaq jumped 200 points or 0.8% to reach 24,460….
The petroleum and natural gas ministry amended the framework for the aviation turbine fuel (ATF) on Wednesday, formally allowing it to blend it with synthetic fuels. The measure is aimed towards bringing clarity to fuel standards amid growing use of alternative and blended aviation fuels.The revised notification redefines ATF to include not just conventional hydrocarbon…
Amazon has sealed a $30 million (Rs 280 crore) deal to buy carbon credits generated by rice farmers in India. The agreement is among the largest of its kind globally and the first at this scale in the country’s agriculture sector.According to sources cited by ET, the credits will come from the Good Rice Alliance,…
Tech Mahindra closed FY26 with higher earnings and revenue, as the IT services firm reported a net profit of Rs 4,810.9 crore for the year, marking a rise of 13.15% taking the total to Rs 15,076 crore. The company’s revenue increased 7.2% year-on-year to Rs 56,815.4 crore.Compared with the previous quarter, revenue was higher by…
