When India and the United States announced a breakthrough trade agreement this week after months of tense negotiations, tariffs dominated the headlines. But beneath the numbers and celebrations lay another issue that is far more political than commercial – oil — who India buys it from, and who it is expected to buy from in…
State-run Life Insurance Corporation of India (LIC) reported a 17% year-on-year rise in consolidated net profit at Rs 12,930 crore for the December quarter, compared with Rs 11,008 crore in the same period last year.The country’s largest life insurer reported net premium income of Rs 1.26 lakh crore in Q3FY26, up 17% from Rs 1.07…
MUMBAI: Most companies reporting their financial results for Q3FY26 are reporting a large one-time provison towards employee benefits attributing it to the new labour code. TOI takes a look at what brought about these changes and how does it affect stakeholders.1. What is the new labour code change that is forcing companies to make one-time…
Rupee opened in green on Thursday, rising 7 paise to reach 90.40 against US dollar. The currency was supported by corporate dollar demand, while investors remained cautious as they awaited fine print of the India-US trade deal.According to markets, the market mood has shifted from optimism to caution, with participants waiting for official confirmation, as…
NEW DELHI: Air India Express will invest $70 million (Rs 633 crore) on product upgrade and standardisation as the LCC is going to reposition itself between a low cost and a full service carrier.Sources say the $70 million programme is to upgrade its legacy fleet and standardise the 50 white tails (made for some other…
US markets traded mixed on Wednesday as renewed selling in technology stocks — led by a sharp fall in Advanced Micro Devices — weighed on sentiment despite gains in several non-tech sectors, according to AP.Advanced Micro Devices plunged 15.7% even after reporting stronger quarterly profit than analysts expected and issuing revenue guidance for early 2026…
Russia could face a sharp drop in oil revenues if US President Donald Trump succeeds in pushing India to scale back or halt purchases of Russian crude, potentially forcing Moscow to cut prices to attract alternative buyers, analysts and traders told Reuters.The development comes after Trump said a recent US-India trade deal included provisions linked…
The government has planned to manufacture 260 rakes of Vande Bharat Sleeper trainsets as part of efforts to upgrade long-distance rail travel with advanced safety systems and passenger comfort features, according to Union minister Ashwini Vaishnaw in a written reply in the Lok Sabha.The programme will be executed in phases covering prototype development, testing, trials…
Benchmark indices ended the day with modest gains, supported by stock-specific buying in select large-cap counters despite a largely sideways trading session. The Sensex closed at 83,817.69, up 78.55 points, while the Nifty50 settled at 25,776.00, gaining 48.45 points and remaining above the 25,750 mark.Trent and Eternal were among the top performers, rising around 5…
Gold, silver price prediction Gold price predictiontoday: Gold and silver prices are recovering this week, but are expected to see volatility in the coming days, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. He shares his outlook for gold and silver prices in the coming days:Gold was seen recovering…
