The heat in the Middle East appears to be finally cooling after over 3 months as the US and Iran have reached a tentative agreement to end the war. The conflict rattled energy and financial markets around the world as the Strait of Hormuz, a key route for global oil trade, was disrupted, affecting over…

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Top stocks to buy today (AI image) Stock market recommendations: Somil Mehta, Head of Retail Research at Mirae Asset Sharekhan recommends buying Oberoi Realty, HDFC Life Insurance, Blue Star, and Phoenix Mills as the technical top stocks for today, June 16, 2026:Oberoi RealtyBuy: ₹1673–1674 | Stop Loss: ₹1589 | Target: ₹1768Oberoi Realty has been trading…

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Mercedes-Benz is set to take a fresh 1-2% price hike in India to cope with exchange rate volatility and broader war-related cost pressures even as it is pushing a new variant of its top-end S-class model into the market to widen choice for consumers amid slow EV adoption.The company has taken a total of up…

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Morgan Stanley maintained its overweight rating on Reliance Industries with the target price maintained at Rs 1,803. The stock is the top pick among the analysts at the brokerage house. They said the energy security policies and tighter refining markets are the reasons keeping product spreads structurally stronger for longer. The company’s oil to chemicals…

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MUMBAI: India’s balance of payments swung from a surplus of $0.5 billion in April 2025 to a deficit of $ 6.6 billion in April 2026, even as the current account moved into surplus during the period. The current account recorded a surplus of $4.7 billion in April 2026 compared with a deficit of $4.8 billion…

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India’s merchandise exports rose 18% year-on-year to $45.2 billion in May, the highest monthly growth in six months, even as the trade deficit widened to $28.21 billion due to higher imports of petroleum products amid a surge in crude oil prices.The trade gap, however, narrowed marginally from $28.38 billion in April. It stood at $21.88…

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In order to curb mis-selling and hold regulated entities accountable across all distribution channels, including social media influencers and digital marketing intermediaries, the Reserve Bank of India (RBI) on Monday tightened norms governing the advertising, marketing and sale of financial products and services. The revised directions, which will come into force from January 1, 2027,…

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The government will sell up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale (OFS) at a floor price of Rs 352 per share, with the issue opening for institutional investors on Tuesday (June 16).Retail investors will be able to bid on Wednesday under the two-day OFS, reported…

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India’s silver imports slumped to their lowest level in more than three years in May after the government tightened restrictions on imports of the precious metal and raised duties, according to official data, reported Reuters.Imports fell 87% year-on-year to $75.57 million in May from $566.22 million a year earlier, data compiled by the Ministry of…

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New Delhi: Minister for new and renewable energy Pralhad Joshi on Monday launched WT-MARUT, the country’s first dedicated digital platform for managing the wind energy supply chain. The portal is expected to strengthen India’s domestic wind manufacturing ecosystem and support the country’s clean energy expansion.The platform will facilitate end-to-end tracking of wind energy components, from…

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