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The Middle East is on a boil and concerns are raising on what it might mean for India. New Delhi imports nearly 88% of its crude oil needs, so any disruption in global supplies can quickly push up its oil bill and fuel inflation. Fresh security concerns around the Strait of Hormuz have already driven…
The homebuyers also pointed out that possession in one case was accepted only due to urgent need. (AI image) In a significant judgment reaffirming consumer protection in housing disputes, the Supreme Court has held that homebuyers cannot be compelled to accept possession of flats without an Occupancy Certificate and that contractual clauses limiting compensation cannot…
Aviation and travel stocks were struggling with sharp sell-offs on Monday after Middle East conflict intensified and regional air traffic was disrupted. Shares of InterGlobe Aviation, which operates IndiGo, along with SpiceJet, Ixigo and Easy Trip Planners, dropped by up to 13.5% as multiple countries shut their airspace following US and Israeli strikes on Iran….
The Strait of Hormuz serves as the primary outlet for most crude exports from the Persian Gulf. (AI image) Will oil prices hit $100 due to ongoing tensions and conflicts in the Middle East? Oil, quite literally, is the fuel that drives global economies. Rising oil prices in turn can trigger inflation across goods and…
MUMBAI: Dalal Street investors are looking at another volatile week, truncated by a holiday on Tuesday. The developments in West Asia during the weekend initially unnerved market players on Saturday and Sunday, but as the war between the US-Israel and Iran progressed, most are taking it in their stride. They expect sensex and Nifty to…
Gold price prediction (AI image) Gold price prediction today: Rising tensions in the Middle East and developments around US, Israel and Iran are expected to keep gold prices volatile this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Last week, gold and silver rallied to over three-week highs amid…
NEW DELHI: India’s GST collections rose 8.1% to Rs 1,83,609 crore, pointing to higher consumption post rate reduction.Domestic collections were estimated to have increased 5.3% to Rs 1,35,772 crore in Feb, based on transactions in Jan. The mop-up from imports was 17.2% higher at Rs 47,837 crore, according to latest official data. This was the…
MUMBAI: After a relatively firm Feb, the rupee is likely to start March on a volatile note as global capital shifts toward safe-haven assets amid escalating tensions in the Gulf region. Dealers expect pressure to build from both portfolio outflows and concerns over India’s trade deficit and energy supplies, given the region’s central role in…
MUMBAI: Insurers are bracing for “notice of cancellation” clauses to be invoked on war-risk covers and for multifold increases in war-risk premiums in the wake of conflict in the Persian Gulf. Some marine war-risk insurers have already issued cancellation notices for ships transiting the Strait of Hormuz after the strikes amid fears of Strait closure,…
NEW DELHI: India’s top carmakers reported healthy growth in Feb, helped by steady domestic demand and a strong push in exports, with most major players clocking double digit gains.Market leader Maruti Suzuki reported total sales of about 2 lakh units in Feb 2026, up around 11.1% from about 1.8 lakh units in the same month…
