NEW DELHI/ MUMBAI: Indian stock market indices were in the red on Monday, while the rupee extended its weakness against the US dollar, amid concerns over American President Donald Trump’s fresh comments over tariffs.The bellwether BSE sensex closed 0.4% or 332 points lower at 85,440 points, while NSE closed 0.3% lower at 26,250. The sensex…
NEW DELHI: Crude oil prices are expected to soften significantly in 2026 and may touch $50 per barrel by June, an analysis by SBI Research showed on Monday. The deceleration is likely to be faster which could have a positive impact on inflation and growth, it added.The report said that the US Energy Information Administration…
BENGALURU: For much of 2025, artificial intelligence did not enter people’s lives through dramatic product launches or viral demos. Instead, it slipped in quietly, taking over small, repetitive tasks that many users barely noticed. What began as casual experimentation with chatbots has, for many, evolved into a set of everyday tools that now handle remembering,…
MUMBAI: Reserve Bank of India on Monday warned non-banking financial companies in Mumbai to tighten underwriting and monitor risks closely, marking the third caution in eight days.The RBI met managing directors and CEOs of select NBFCs, including govt NBFCs, housing finance companies and microfinance institutions. The governor said while NBFCs play a key role in…
RBI governor Sanjay Malhotra (File photo) Reserve Bank Governor Sanjay Malhotra met senior executives of major non-banking financial companies (NBFCs) on Monday to discuss key issues facing the sector, stressing the need for strong lending standards and close monitoring of loan quality.The meeting was attended by heads of government-owned NBFCs, housing finance companies and microfinance…
Manufacturing activity in US was at record bottom December, marking 10th consecutive month of contraction. The Institute of Supply Management (ISM) index slipped to 47.9 from 48.2 in November.The latest figures mark the lowest reading for the year, with production levels falling below November’s numbers. While employment showed a minor uptick of 0.9 percentage points,…
US Wall Street opened higher on Monday as tech stocks bounced back and energy shares climbed after the US captured Venezuelan President Nicolas Maduro in a military operation over the weekend. The Monday session, marks the opening for the first full week of trading in 2026. US markets opened for the first time in the…
Oil prices dipped on Saturday after the United States launched a surprise military operation in Venezuela, capturing President Nicolas Maduro and his wife on drug trafficking charges, triggering sharp moves across global markets.Crude prices fell as investors bet that the political shift could eventually pave the way for higher oil output from Venezuela, which holds…
Russia continued to be the India’s largest crude supplier between April and November 2025. (AI image) US President Donald Trump on Monday warned India of higher tariffs if it doesn’t cooperate with America on the issue of Russian crude oil imports. The warning comes at a time when Indian exports already face heavy trade penalties…
NEW DELHI: Rupee continued to slide against the US dollar on Monday. It ended 8 paise lower at 90.28 (provisional) against the US dollar, pressured by firm American currency and weak equity market sentiment.Renewed geopolitical tensions triggered by the US military action in Venezuela strengthened the dollar across global markets, forex dealers said, overshadowing the…
