Global oil prices remained steady on Monday as markets closely watch upcoming talks between United States and Iran. While concerns over potential disruptions in oil supply due to US-Iran tensions kept prices stable, OPEC+ is considering increasing production from April. The day saw Brent crude futures slightly down at $67.72 per barrel, while US WTI…
Foreign Portfolio Investors (FPIs) staged a sharp turnaround in early February, infusing Rs 19,675 crore into Indian equities in the first fortnight, buoyed by the US-India trade deal and easing global macroeconomic concerns.The inflows come after three consecutive months of significant outflows. FPIs had pulled out Rs 35,962 crore in January, Rs 22,611 crore in…
The railway ministry on Saturday launched a reform to improve cleanliness on long-distance trains by deploying tech-enabled professional teams onboard.Railway minister Ashwini Vaishnaw said all coaches, including general class, will now be cleaned as and when required during the journey.Under the existing Clean Train Station scheme, trains are cleaned at designated stations en route. Under…
As February progresses, customers planning to visit banks are advised to check the holiday schedule in advance to avoid inconvenience. In India, banks observe both national and state-specific holidays, which means closure dates can differ from one region to another.Next week, several banks across the country will remain closed for state observances: February 18: Banks…
MUNICH: US secretary of state Marco Rubio has said that India has committed to stop buying Russian oil, days after New Delhi reiterated that “national interests” would be the “guiding factor” for energy procurement.US President Donald Trump, while announcing a trade deal with New Delhi early in Feb, had said India had agreed to not…
Benchmark indices Sensex and Nifty ended the week lower, each falling more than 1%, dragged down by a sharp selloff in IT stocks that weighed on investor sentiment amid growing concerns over potential AI-driven disruptions. Stronger-than-expected US jobs data for January also reduced hopes of an interest rate cut by the Federal Reserve.According to The…
Several factors led to the sudden crash in the prices of the precious metals. (AI image) Precious metal prices are expected to remain volatile and witness further consolidation in the coming week as investors track key US economic indicators, including inflation data, GDP readings and signals from the Federal Reserve, analysts said.Traders are also likely…
The combined market valuation of six of the top-10 most valued firms eroded by more than Rs 3 lakh crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest laggards amid a bearish trend in equities.The 30-share BSE Sensex declined 953.64 points, or 1.14 per cent, during the week.Besides…
VB-G RAM G, the scheme set to replace Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), has received the highest share in this year’s Budget for the department of rural development, accounting for about 40 per cent of its total allocation, according to an analysis by PRS Legislative Research.The PRS analysis said VB-G RAM G…
India’s economic expansion is increasingly extending beyond its largest metropolitan centres, with several districts in northern and eastern states emerging as new hubs of activity, even as established metros continue to dominate overall rankings, according to a new report.The findings are based on the City Vitality Index (CVI), Q1 2026, released by Dun & Bradstreet,…
