Commercial LPG prices across India have been increased by Rs 42 to Rs 53.50 per cylinder from Monday. The price hike comes amid concerns over fuel supply security and efforts to strengthen LPG reserves following recent disruptions linked to the West Asia conflict.The price of a 19-kg commercial LPG cylinder in Delhi has been raised…
UBS has downgraded MCX to neutral but raised the target price to Rs 3,600 from Rs 3,200 earlier. Analysts said that bourse’s peak earnings momentum is likely behind as there’s been elevated volatility across key commodities in recent months. So far in the April-June quarter (Q1FY27) there’s been healthy volumes on the exchange, after normalizing…
NEW DELHI: Medicines used for diabetes, high blood pressure, heart disease, infections and women’s health are among 30 drug formulations for which National Pharmaceutical Pricing Authority (NPPA) has fixed retail prices, a move that could significantly reduce treatment costs for patients who depend on long-term medication.The latest notification covers several drugs commonly prescribed for chronic…
NEW DELHI: Foreign investors continued to pare their exposure to Indian equities, withdrawing Rs 32,963 crore in May. Besides FPIs, analysts expect developments around the West Asia war, crude oil prices, and the RBI’s interest rate decision to determine the equity-market trend in the event-heavy week ahead.In 2026 so far, the total outflow by foreign…
MUMBAI: While the majority of forecasters and market participants expect Reserve Bank of India‘s Monetary Policy Committee meeting to vote for a status quo on interest rates, the forthcoming MPC statement on June 5 will be observed minutely.With disruptions owing to the West Asia conflict now approaching 100 days, this is no longer a short-term…
Planning a bank visit in June? You might need to check the bank holiday list first! Customers should plan their bank trips in advance as branches in several states are headed for holidays in the month of June. Since these holidays differ from state to state, it is better to check the holiday list first…
Domestic aviation in the country slowed down in April, with passenger traffic slipping 4.2% to just over 1.38 crore compared to March, according to the latest data released by the Directorate General of Civil Aviation (DGCA). The decline comes amid multiple headwinds, including relatively softer travel demand.The DGCA figures showed that airlines transported more than…
Trade negotiations between India and the United States are set to gain momentum, with senior officials from both countries beginning a four-day meeting in New Delhi on Monday to work out the final details of an interim trade agreement.The US delegation will be led by chief negotiator Brendan Lynch, while India will be represented by…
Dalal Street is set for a busy week as investors will be tracking domestic and global developments. The RBI’s interest rate decision, key economic data releases, crude oil prices and the evolving US-Iran situation are expected to be the main factors driving market sentiment. Market participants will also keep a close watch on macroeconomic indicators,…
Whether you care about geopolitics or not, your monthly budget has already become an unwilling expert in it!From your morning chai to your late-night dessert cravings, the Middle East crossfire is quietly sneaking into your kitchen bills, one price tag at a time. But thankfully, not everything in your grocery list is feeling the heat!…