#stock-market
Excise Duty Cut on Petrol and Diesel: Will Fuel Prices Drop?
In response to concerns over rising fuel prices amid global tensions, the Indian government has announced a significant reduction in excise duties on petrol and diesel. Starting Friday, the excise duty on petrol has been slashed to Rs 3 per litre, while the excise on diesel has been reduced to zero. This move comes after fears that the ongoing US-Israel conflict with Iran could lead to higher fuel prices, especially as global crude prices surged past $100 per barrel. Despite the dut
Excise Duty Cut on Petrol and Diesel: Will Fuel Prices Drop?
In response to concerns over rising fuel prices amid global tensions, the Indian government has announced a significant reduction in excise duties on petrol and diesel. Starting Friday, the excise duty on petrol has been slashed to Rs 3 per litre, while the excise on diesel has been reduced to zero. This move comes after fears that the ongoing US-Israel conflict with Iran could lead to higher fuel prices, especially as global crude prices surged past $100 per barrel. Despite the dut
Stock Market Today: Sensex, Nifty 50 Fall on Global Weakness – LIVE Updates
Indian stock markets opened in the negative on Friday, following a day’s break due to the Ram Navami holiday. The Sensex and Nifty both began trading in the red, reflecting concerns over global uncertainties, particularly related to the ongoing Iran conflict. Global markets have also shown signs of weakness, with major indices in the US and Asia recording declines. This uncertainty has weighed heavily on investor sentiment, contributing to the sluggish start on the Indian bourses.
Stock Market Today: Sensex, Nifty 50 Fall on Global Weakness – LIVE Updates
Indian stock markets opened in the negative on Friday, following a day’s break due to the Ram Navami holiday. The Sensex and Nifty both began trading in the red, reflecting concerns over global uncertainties, particularly related to the ongoing Iran conflict. Global markets have also shown signs of weakness, with major indices in the US and Asia recording declines. This uncertainty has weighed heavily on investor sentiment, contributing to the sluggish start on the Indian bourses.
Oil at $150: BlackRock CEO Warns of Potential Economic Fallout
The global economy faces significant risks if oil prices reach $150 per barrel, warns Larry Fink, CEO of BlackRock. In recent days, Brent crude surpassed $110 per barrel, causing a substantial market reaction, and a new report suggests that prices could climb even further, especially if the ongoing U.S.-Iran conflict escalates. Fink emphasized that if oil prices continue to rise, the world would face a major economic shock rather than a gradual adjustment. The impact would be felt a
Oil at $150: BlackRock CEO Warns of Potential Economic Fallout
The global economy faces significant risks if oil prices reach $150 per barrel, warns Larry Fink, CEO of BlackRock. In recent days, Brent crude surpassed $110 per barrel, causing a substantial market reaction, and a new report suggests that prices could climb even further, especially if the ongoing U.S.-Iran conflict escalates. Fink emphasized that if oil prices continue to rise, the world would face a major economic shock rather than a gradual adjustment. The impact would be felt a
RBI Steps in as Banks Scale Back JPY-linked Special Deposits for NRIs
Mumbai's financial landscape has seen significant changes as the Reserve Bank of India (RBI) takes action on JPY-linked special deposits. Once a popular tool for attracting NRI funds, these deposits were marketed as premium rupee plans (PRPs), offering high returns by leveraging the forward premium on the Japanese yen. Banks, like IndusInd Bank and Yes Bank, had been using these products to attract NRI deposits by offering high yields based on the yen's forward premium in the foreign exchange
RBI Steps in as Banks Scale Back JPY-linked Special Deposits for NRIs
Mumbai's financial landscape has seen significant changes as the Reserve Bank of India (RBI) takes action on JPY-linked special deposits. Once a popular tool for attracting NRI funds, these deposits were marketed as premium rupee plans (PRPs), offering high returns by leveraging the forward premium on the Japanese yen. Banks, like IndusInd Bank and Yes Bank, had been using these products to attract NRI deposits by offering high yields based on the yen's forward premium in the foreign exchange
Bullion Shock: Gold Drops ₹2,500, Silver Sees ₹6,000 Cut
Gold and silver prices witnessed a sharp correction in the latest trading session, leaving investors surprised and traders cautious. Gold prices fell by ₹2,500, while silver recorded an even steeper drop of ₹6,000. The sudden decline has sparked discussions in bullion markets about whether this is a temporary pullback or the beginning of a larger downward trend. The fall comes after weeks of steady gains, during which both precious metals touched record or near-record levels. Ma
Bullion Shock: Gold Drops ₹2,500, Silver Sees ₹6,000 Cut
Gold and silver prices witnessed a sharp correction in the latest trading session, leaving investors surprised and traders cautious. Gold prices fell by ₹2,500, while silver recorded an even steeper drop of ₹6,000. The sudden decline has sparked discussions in bullion markets about whether this is a temporary pullback or the beginning of a larger downward trend. The fall comes after weeks of steady gains, during which both precious metals touched record or near-record levels. Ma
Gold vs Silver vs Equity: Which Investment Is Better?
The festival season has kicked off, with gold shining at record highs, sparking a debate among investors about where to park their money. Gold surged by 1.1% to $3,723.81 per ounce, briefly hitting $3,726.19 — its highest level yet. US gold futures for December delivery also climbed by 1.4% to $3,758.40, strengthening gold’s reputation as a safe-haven asset. With prices soaring, Indian investors are reevaluating their portfolios. Weddings, festive buying, and long-term wealth cr
Gold vs Silver vs Equity: Which Investment Is Better?
The festival season has kicked off, with gold shining at record highs, sparking a debate among investors about where to park their money. Gold surged by 1.1% to $3,723.81 per ounce, briefly hitting $3,726.19 — its highest level yet. US gold futures for December delivery also climbed by 1.4% to $3,758.40, strengthening gold’s reputation as a safe-haven asset. With prices soaring, Indian investors are reevaluating their portfolios. Weddings, festive buying, and long-term wealth cr







