A new Crisil report has projected India’s gross domestic product (GDP) growth to remain steady at 6.5 per cent in FY26, with some downside risks owing to external factors. Export growth is expected to be a drag on GDP growth, given the imposition of 50 per cent tariffs on India by the US at present….
India is set to benefit from an increased discount on Russian crude, which has risen to $3–4 per barrel–up from $2.5, and just $1 in July, according to Zee Business research. Crude for September–October is expected to be even cheaper, offering significant cost advantages to Indian refiners. The move comes as India strengthens its position…
The upcoming week is expected to be crucial for the Indian stock markets, as investors will keep an eye on the upcoming GST Council meeting, auto sales data, GST collection figures and updates on US tariffs. The GST Council is scheduled to meet on September 3-4 to discuss potential tax cuts. Also, auto sales data…
Indian equity markets are set to open on a cautious but positive note on Friday, August 29, as traders look to shake off a two-day losing streak. Focus will be firmly on the Annual General Meeting (AGM) of Reliance Industries, scheduled for later in the day, along with key domestic macroeconomic data releases. At 7:40…
Market opening bell:Â Indian equities opened lower on Tuesday, August 26, tracking weak global cues and rising geopolitical tensions. Investors turned cautious ahead of fresh US tariffs set to take effect from Wednesday. The BSE Sensex declined 211 points, or 0.26 per cent, to around 81,425, while the Nifty50 slipped 76 points, or 0.30 per cent,…
Indian Oil Corporation (IOC), India’s largest oil company, placed orders for approximately 2 million barrels of US crude in August for October delivery, according to a foreign media report from Singapore, quoted by IANS. This marks part of a series of US oil deals amounting to around 2 million barrels for October delivery, following threats…