Category: Business
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Petrol, diesel price hikes: How India’s fuel price rise compares to US, China, Pakistan, UAE & other economies
India has so far raised its petrol and diesel rates by around 4%, much less compared to the double digit hikes seen across major economies. (AI image) Petrol, diesel price hike: The rise of global crude oil prices to above $100 per barrel levels since the start of the US-Iran conflict has sent shockwaves across…
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Bar on board meets applies only to SRTT: Maharashtra charity commissioner
‘Bar on board meets applies only to SRTT’ The Maharashtra charity commissioner on Monday clarified that its order freezing board meetings applies only to Sir Ratan Tata Trust and not to other Tata trusts, providing significant relief to the Noel Tata-headed philanthropic group.The clarification paves the way for the remaining Trusts to resume normal functioning,…
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No relief for rupee: Currency slips to 96.38 against US dollar amid Middle East tensions
Rupee continued its downward journey against the US dollar on Tuesday morning, falling 18 paise to 96.38 in early trade. This comes amid concerns around rising crude oil prices and ongoing Middle East tensions, that dragged down market sentiment.Since the Iran war began in late February, rupee has declined by more than 5%, trimming 2.2%…
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Gold price prediction today: Why gold prices are unlikely to rise too much – Check May 19, 2026 outlook
Gold price prediction today: Gold prices are unlikely to rise too much unless crude oil prices come down for a longer term duration, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
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‘Baseless’: Centre rejects rumours over turning temple gold into reserve
The government on Tuesday dismissed rumours suggesting that it is planning to monetise gold held by temples and religious institutions across the country. The clarification came after several social media posts and media reports claimed that the Centre was preparing to issue gold bonds to temples in exchange for their gold reserves. Responding to the…
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Liberty Mutual hikes stake in Indian arm
AI representational image Boston headquartered Liberty Mutual Insurance has increased its stake in its Indian venture Liberty General Insurance to 74% as of May 18, after raising its shareholding from 49% to 55.4% in Sept 2025. The Indian insurance firm had started as a joint venture between Liberty and the Videocon Group.Videocon exited the joint…
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Top stocks to buy or sell today: Stock market recommendations for May 19, 2026
Top stocks to buy today (AI image) Stock market recommendations: Bajaj Finserv, and Tata Elxsi are the top stocks to buy as per Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan’s recommendation for May 19, 2026. The expert has identified TVS Motor Company as a sell call:Bajaj Finserv: Buy in the range between…
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Fuel prices rise again: How much does petrol and diesel cost today? Check rates in your city
Petrol and diesel prices across the country registered another increase on Tuesday, rising by around 90 paise per litre. This marks the second hike in fuel rates in less than a week.Diesel prices have gone up by 91 paise per litre, while petrol has become costlier by 87 paise per litre. The latest revision follows…
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Trump sanctions: India puts energy security first; says buying Russian crude oil irrespective of US waiver
India’s purchases of Russian crude have remained elevated. (AI image) Making its energy security mandate clear, India has said that it is buying crude oil from Russia irrespective of a sanctions waiver by the US. The statement from Sujata Sharma, joint secretary in the petroleum ministry comes days after a Bloomberg report said that India…
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Piyush Goyal asks industry to identify import substitutes, pushes local manufacturing to cut dependence
Commerce and Industry Minister Piyush Goyal on Monday urged industry stakeholders to identify products that can be manufactured domestically to reduce India’s dependence on imports and strengthen local production capabilities, PTI reported.Addressing domestic traders, the minister also asked industry to focus on boosting exports and prioritising products made in India over imported goods.“You should keep…
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