Category: Business
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BPCL to shut key Mumbai refinery unit in November for scheduled maintenance: Report
State-run Bharat Petroleum Corporation Ltd (BPCL) will shut a 120,000-barrel-per-day crude unit and some secondary processing units at its Mumbai refinery in November for planned maintenance, news agency Reuters reported citing industry source on Monday.The maintenance shutdown will affect units at BPCL’s 200,000-bpd refinery in Mumbai, one of the company’s key refining facilities in western…
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Jan Dhan milestone: Over 58 crore accounts bring millions into formal banking system, says FM Sitharaman
Finance minister Nirmala Sitharaman on Monday said more than 58 crore Jan Dhan accounts have brought crores of Indians into the formal banking system, strengthening financial inclusion across the country.The Pradhan Mantri Jan Dhan Yojana (PMJDY) has ensured that benefits under welfare schemes, low-cost insurance and pension programmes reach beneficiaries without leakages, the Finance Minister’s…
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‘India to account for half of oil demand growth’
India will account for about half of global oil demand growth and 15% of increase in global electricity consumption over next decade, making it one of the world’s most important energy markets, Igor Sechin, chief executive of Russian oil producer Rosneft, said. Sechin said India’s oil consumption is expected to rise 44% to nearly 8…
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Gold price prediction today: Where are gold prices headed? Key levels to watch out for June 8, 2026 week
Technically, gold is approaching an important support cluster between ₹153,500 and ₹154,500. (AI image) Gold price prediction today: Gold prices continue to be volatile amid geopolitical developments, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold prices remained under pressure during the week, extending their corrective phase after failing to sustain…
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View: RBI holds rates but uncertainty looms due to multiple pressure points
By Dipti DeshpandeThe Reserve Bank of India’s Monetary Policy Committee (MPC) in its June policy review unanimously decided to leave policy rates unchanged and retain a neutral policy stance – an outcome that was largely expected. At 5.25%, the repo rate remains below its decadal average and the levels seen in fiscal 2014 when the…
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Stock Market Live Updates Today: BSE Sensex plunges over 400 points in opening trade, Nifty50 near 23,200 as fresh US-Israel-Iran tensions erupt; crude oil prices rise
“Indian equity markets are expected to open on a sharply negative note, with Gift Nifty trading at 23,134, down by 306 points, as Asian equities opened weak amid escalating geopolitical tensions and weakness in US technology stocks, weighing on overall risk sentiment. In the previous session, the Nifty 50 ended a range-bound session with a…
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Titan, Bharti Airtel & more: Top stocks to watch on June 8
Morgan Stanley maintained its overweight rating on Titan with the target price at Rs 5,182. Analysts projected a 19% annual jewellery revenue growth for Titan through FY30. The company is aiming to increase market share from 8.5% to 11%. Its gold exchange programs now drive about 50% of the revenue, and despite stricter import documentation,…
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Stock market crash today: Rs 5 lakh crore wealth gone! Why are BSE Sensex, Nifty50 down today? Top reasons for fall
Geopolitical tensions in West Asia intensified further as military activity between Israel and Iran continued. (AI image) Stock market crash today: Nifty50 and BSE Sensex crashed in opening trade on Monday, with benchmark indices extending losses as weak global cues, relentless foreign investor selling and rising geopolitical concerns dented market sentiment.The broad sell-off erased more…
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Top stocks to buy: Stock recommendations for June 8, 2026 week – check list
Top stocks to buy today (AI image) Stock market recommendations: Shriram Finance, Cummins India are the top stocks that Motilal Oswal Wealth Management Research Desk has recommended for the week starting June 8, 2026. The brokerage has also shared target levels and possible upside. Stock Name CMP (Rs) Target (Rs) Upside (%) Shriram Finance 923…
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Gold, Silver Rate Today Live Updates: International gold prices drop as rate hike fears on higher inflation reduce safe haven appeal
Gold prices continued to weaken on Monday, extending the decline seen in the previous session as investors grappled with growing expectations of higher US interest rates. At the same time, escalating tensions in the Gulf region pushed crude oil prices higher, adding to concerns that inflationary pressures could remain elevated. By 0124 GMT, spot gold…
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