US inflation climbed to a fresh three-year high in May, driven largely by rising energy prices linked to global supply disruptions following the Iran conflict, according to official data released on Wednesday.The Consumer Price Index (CPI) rose 4.2% in May compared to a year earlier, up from 3.8% in April, the US labour department said.It…

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For a retail investor, the impact depends on what they own and why the rupee is weakening in the first place. The rupee is falling and your investment portfolio is bleeding red. India may be a fundamentally strong growth story, but for now your investments may be flashing negative returns. As the impact of the…

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Benchmark equity indices gave up most of their intraday gains on Wednesday, with the Sensex ending marginally higher and the Nifty closing in the red as renewed hostilities between the United States and Iran dampened investor sentiment.The 30-share BSE Sensex rose 64.42 points, or 0.09%, to settle at 73,983.18.The index had surged as much as…

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MUMBAI: Rajiv Bajaj has said he will step down from the board of Bajaj Finserv due to a significant increase in his responsibilities at Bajaj Auto following the setting up and scaling of two major new subsidiaries: Bajaj Auto Technology and Bajaj Auto Credit. Bajaj has said he will not stand for re-election at the…

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“Indian equity markets are expected to open on a cautious negative note, with Gift Nifty trading at 23250, down by 100 points, as Asia-Pacific markets traded lower following weakness in US technology stocks and escalating geopolitical tensions after U.S. strikes on Iran after an Apache helicopter incidentIn the previous session, the Nifty 50 rebounded by…

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Chinese investors are seeking indirect ways to gain exposure to SpaceX’s highly anticipated initial public offering (IPO), after being excluded from direct participation in what could become the world’s largest listing.The surge in interest around Elon Musk’s rocket and satellite internet company has triggered strong fear of missing out (FOMO) among mainland investors. With direct…

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A few days ago it was reported that Japan has suspended imports of fresh mangoes from the country for the current season. (AI image) In a fresh blow to India’s mango exports, Nepal has now imposed restrictions on mango imports from India, citing concerns over excessive pesticide residues in the fruit and the absence of…

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Missing a single document can lead to reporting errors, which in turn can result in income tax notices or even delayed refunds. (AI image) ITR filing AY 2026-27: Before you open the tax filing portal to file your income tax return, it’s important to keep all the necessary documents handy. Having all the requisite documents…

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The primary event for gold this week is the US CPI inflation report. (AI image) Gold price prediction today: The outlook for gold and silver prices remains cautious due to ongoing geopolitical pressures, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Gold came under heavy pressure last week after…

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NEW DELHI: Reliance Industries Limited Wednesday announced a partnership with Meta Platforms, Inc for a data centre project in Jamnagar, Gujarat, positioning RIL as a single-window solutions provider for hyperscale AI infrastructure in India. RIL will develop a data centre with 168 MW capacity within two years, with an option to scale. This will be…

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