Air India, IndiGo and SpiceJet have urged the government to revise Aviation Turbine Fuel (ATF) pricing and provide financial support, warning that the airline industry is under extreme stress and close to “stopping operations”.The appeal was made by the Federation of Indian Airlines (FIA), which represents the three carriers, in a letter to the civil…
Nearly all Indian refiners, except Numaligarh Refinery, are now importing Russian crude. (AI image) India’s imports of crude oil from Russia have dropped from the highs seen in March when the supply disruptions from the Middle East caused by the US-Iran war and the Strait of Hormuz closure prompted refiners to step up buys from…
Prime Minister Narendra Modi is on a two-day visit to Sikkim, where he is participating in the State’s Golden Jubilee celebrations of statehood. During the event, the Prime Minister described the Northeast as India’s “Ashtalakshmi” and highlighted the Himalayan State’s significance within it. During the visit, he also inaugurated and laid the foundation stone of…
Gold price prediction today: Any upside in gold prices is likely to be capped by gains in crude oil prices, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
A growing number of companies are slowing down their plans to launch initial public offerings, as volatile market conditions and shifting investor sentiment have made valuations more challenging. The year had begun on a strong note. During the March quarter, 18 mainboard IPOs collectively raised ₹18,778 crore. The number of issues was twice that of…
MUMBAI: General Atlantic and Accel backed new-age insurer Acko has kicked off IPO process, roping in Morgan Stanley, ICICI Securities and Kotak Securities as bankers for the issue expected to hit Dalal street in early 2027, said people in the know. The company, which is planning to make a confidential filing sometime in the second…
Goldman Sachs maintained its buy rating on Reliance Industries with the target price at Rs 1,910. Analysts said the company reported Jan-March (Q4FY26) earnings before interest, taxes, depreciation and amortisation (EBITDA) miss due to weak oil-to-consumer (O2C) margin capture, while high crude premiums and logistics costs offset strong product cracks. Analysts expected sequential margin recovery…
Top stocks to buy (AI image) Stock market recommendations: Lupin, Jio Financial Services, Adani Ports and Special Economic Zone are the top stocks that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan recommends for buying on April 28, 2026.Lupin: Buy in the range between Rs 2324 & Rs 2325; Stop Loss: Rs 2204; Target:…
New Delhi: Automobile manufacturers will face cost pressures that is expected to impact their margins and slow down demand in the coming quarters as prices of key raw materials, including steel, metals and plastics , have risen sharply since March, latest data from the Society of Indian Automobile Manufacturers (Siam) showed. Due to war in…
New Delhi: Telecom Regulatory Authority of India (Trai), has invited stakeholder feedback to revive and scale up public Wi-Fi deployment, signalling a renewed policy push to strengthen affordable internet access.In a consultation paper released on Monday, Trai said India’s current public Wi-Fi ecosystem remains “fragmented and limited in scale,” falling short of becoming a widely…