Business

Which seven routes have been selected for the new high-speed rail corridors? (Image for representative purpose only) Imagine travelling from Delhi to Varanasi by train in less than 4 hours, or even covering the distance between Mumbai and Pune in less than an hour! In the coming years, Indian Railways is looking to make that … Read more

Bond yields may hold near 7.25% Government bond yields may remain under pressure in early trade on Thursday after the Reserve Bank of India (RBI) raised interest rates for the first time in nearly four years and changed its policy stance, signalling that more rate hikes could follow.The benchmark 6.94% 2036 bond yield is expected … Read more

MCX Gold is likely to remain range-bound with a negative bias in the near term, as the overall price structure continues to indicate weakness Gold and silver price prediction today: Gold and silver prices are expected to trade with a negative bias in the coming days, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama … Read more

Adding to the pressure on markets, Brent crude prices rose another 2%. Stock market crash today: BSE Sensex and Nifty50, the Indian equity benchmarks, crashed in trade on Thursday, with both indices down around 1%. Investors reacted to the RBI’s policy tightening and repo rate hike, continued FII selling and other negative factors.At around 12:02 … Read more

Top stocks to buy or sell on October 8, 2026 Top stock market recommendations: GAIL, and IndiGo (Interglobe Aviation) are the top stocks to buy today (October 8, 2026), while Hindustan Zinc is a sell call, according to Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth. He has shared his target … Read more

Rupee rises 10 paise against US dollar Rupee began Thursday on a positive note, recovering 10 paise to trade at 96.65 against the US dollar in early deals. The recovery comes amid likely intervention by the Reserve Bank of India, which may have helped the currency hold ground despite continued pressure from global and domestic … Read more

BSE Sensex and NSE Nifty50 ended Wednesday on a lower note, after two straight sessions of gains, with the RBI’s 25-basis-point repo rate increase and its shift to a “calibrated tightening” stance weighing on sentiment. The 30-share BSE Sensex fell 429.11 points, or 0.59%, to 72,638.70, with 26 constituents closing lower and four higher. The … Read more

Crude oil prices continue to rally Oil prices inched higher on Thursday as concerns over supply from the Middle East intensified amid a rise in attacks on vessels in the Gulf and the Strait of Hormuz.Brent crude was trading at $101.50 a barrel, up $1.32 or 1.32%, while WTI crude stood at $89.28, gaining $1 … Read more

File photo: Reserve Bank of India (RBI) Governor Sanjay Malhotra MUMBAI: Reserve Bank of India governor Sanjay Malhotra said the rupee was undervalued and the central bank would intervene to ensure orderly movement in the currency market even as it closed at 96.78 on Wednesday, down 36 paise from its previous close, after falling to … Read more

Elon Musk says ‘oligarchs’ want to maintain a monopolistic chokehold NEW DELHI: Elon Musk has hit out at “certain oligarchs”, who he alleged were “blocking” Starlink’s entry into India.The trillionaire’s comments came on a day when Starlink, the company owned by him, said at India Mobile Congress (IMC) that it was ready to start service … Read more

File photo: Reserve Bank of India (RBI) Governor Sanjay Malhotra arrives at a press conference in Mumbai (Picture credit: Reuters) MUMBAI: In a move that could hurt consumption during the festive season, mortgages and other loans are set to become more expensive, while deposits will start yielding higher returns in a few weeks, with Reserve … Read more

Finmin analysis shows trucks meant to deliver goods at designated locations making detours (representative image) NEW DELHI: The humble e-way bill, introduced to check truck movement nine years ago, has helped govt track diversion of fertiliser. Thanks to the electronic tool, which is to be used by every truck carrying goods valued at over Rs … Read more

MUMBAI: Fast-moving consumer goods (FMCG) companies are grappling with heightened commodity cost inflation amid a sharp rebound in crude oil prices while the impact of weak monsoons is slowly showing up in pockets of consumption, companies said in their Q2 updates even as they estimated strong revenue and volume growth for the quarter.The broader takeaway … Read more

NEW DELHI: The Indian economy is expected to grow 7.1% in 2026-27, against 6.6% estimated earlier, on the back of strong domestic demand and exports, despite global headwinds, the World Bank said Tuesday.The multilateral agency is the latest to revise its projections after India’s growth accelerated to 7.8% during the first quarter of the current … Read more

MUMBAI: After a break of about two weeks, Closing Auction Session (CAS) again played truant during Tuesday’s late session as weekly derivatives contracts on NSE were expiring. Within a span of just 30 seconds-between 15:20:00 and 15:20:30-Nifty rallied a little over 300 points or about 1.5%, and in the next eight minutes fell about 240 … Read more

The Reserve Bank of India (RBI) has enabled interoperability between account aggregators. (Image for representative purpose only) Soon, your Consolidated Account Statement (CAS) will reflect details from your mutual funds, insurance, banks and fixed deposits.The Reserve Bank of India (RBI) has enabled interoperability between account aggregators (AAs), a move that will allow customers to share … Read more

Brent crosses $101 once again Oil prices rose more than 1% on Wednesday, with Brent crude crossing the $101-a-barrel mark as fresh supply risks outweighed rising optimism due to increased Middle East crude supplies.WTI crude rose 1.05% to $90.38 a barrel, while Brent crude gained 1.02% to $101.60 as supply concerns emerged in Saudi Arabia … Read more

The Kerala High Court observed that the grandmother could not be expected to make such unreasonable demands. (Image for representative purpose only) Is a woman entitled to seek maintenance from her granddaughter and late son’s widow if she herself already receives pension? In a recent judgement, the Kerala High Court has ruled that a grandmother … Read more

Iraq devalues its currency Iraq’s dinar has taken a step down against the US dollar, with the country officially resetting its exchange rate from around 1,300 dinars to 1,500 dinars per dollar. But in the market, the dollar is already fetching more than 1,700 dinars.The new official rate was decided at a Cabinet meeting on … Read more

The man, a doctor in Mumbai, owns a ground-floor unit in Building No. 1 of the housing society. (Image for representative purpose only) You default on the maintenance dues for the housing society you are living in. Should you be labelled as a defaulter? In one such case a man has secured interim protection from … Read more

Does the repo rate hike mean an automatic increase in your loan EMIs? The Reserve Bank of India has announced a repo rate hike to keep inflation under check. But already faced with higher costs of daily essentials, Indian households have to now contend with paying higher EMIs for their loans.The US-Iran war has fed … Read more

Starlink has completed a major ground infrastructure in India, with 20 gateway sites and hundreds of antennas already in place as the satellite communications company prepares to serve the Indian market.Lauren Dreyer, vice president, Starlink business operations, SpaceX, said at India Mobile Congress 2026 that the company has also developed security controls specifically for the … Read more

Markets will keep an eye on Hormuz-related headlines and oil prices, along with any fresh central bank buying data. Gold price prediction today: While gold prices continue to be supported by central bank buying, the outlook stays cautious, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. Below is … Read more

Malhotra’s comments come within days of FM Sitharaman indicating discussions having “reached a plateau”. India’s trade agreements with other countries should help mitigate the impact of possible US tariffs if a trade deal does not come through, indicated RBI governor Sanjay Malhotra on Wednesday.Asked about the possible impact on the economy if the India-US trade … Read more

The MPC observed that geopolitical developments continue to make the global environment difficult. RBI governor Sanjay Malhotra announced the Monetary Policy Committee’s (MPC) decision to hike repo rate by 25 basis points on Wednesday. Repo rate is the rate at which RBI lends money to banks and it now stands at 5.50%. The rate hike … Read more