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Imports from Russia averaged 1.98 million barrels per day in March, the highest level since June 2023. (AI image) India is purchasing Russian crude oil in a big way as Strait of Hormuz disruptions continue to constrain global oil supply. India imports almost 90% of its crude oil needs and the ongoing US-Iran war has…
Kotak Institutional Equities has a buy on TCS with the target price at Rs 3,100. Analysts said the company delivered an in-line quarter, aided by improved momentum in the international business and stable profitability. Bookings were strong and included three mega deals. They also said that TCS appeared to be moving out of a patch…
Top stocks to buy (AI image) Stock market recommendations: Sona BLW Precision Forgings, and Eicher Motors have been recommended as the top stocks to buy this week by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities. He also shares outlook on Nifty and Bank Nifty:Nifty ViewThe benchmark index Nifty staged a strong pullback…
Rupee began the week in red, tumbling 48 paise to 93.31 against US dollar in early trade on Monday. This comes as geopolitical tensions around the Middle East continue to intensify and oil prices once again skyrocket beyond the $100 per barrel mark.Investor mood turned cautious after the ceasefire that had supported markets last week…
BENGALURU: Even as TCS saw its headcount fall by nearly 24,000 in FY26, CHRO Sudeep Kunnumal said the entire decline cannot be attributed to last year’s restructuring. He added that the company has already made 25,000 campus offers and remains on track to hire around 40,000 freshers annually. “Last year, we onboarded 44,000 trainees. We…
Pranav Mer, Vice President, EBG, Commodity and Currency Research at JM Financial Services Ltd, said attention will be on key Chinese data covering trade, investment and growth, along with inflation figures from the Eurozone. On the domestic front, he noted that traders will track the Consumer Price Index and Wholesale Price Index readings early in…
Top stocks to buy (AI image) Stock market recommendations: Mtar Technologies, and Syrma SGS have been picked as the top stocks to buy in the holiday-shortened trading week starting from April 13, 2026, by Motilal Oswal Wealth Management Research Desk. Let’s look at the details: Stock Name CMP (Rs) Target (Rs) Upside (%) Mtar Technologies…
CHENNAI: Toy prices are rising ahead of the summer holidays as the West Asia conflict pushes up crude-linked raw material costs, making the season more expensive for parents. Prices in some categories have already increased. Shabbir Gabajiwala, president of The All India Toy Manufacturers Association (TAITMA), said toy prices could rise 10%-40%, depending on plastic…
India’s coal imports declined 8.5 per cent to 16.55 million tonnes in February, as record domestic stockpiles and firm global prices reduced reliance on overseas supplies, according to data compiled by mjunction services, reported PTI. The country’s coal imports are expected to remain subdued in the near term, with domestic miners stepping up efforts to…
India has stepped up supply of smaller 5-kg LPG cylinders and accelerated the rollout of piped natural gas (PNG) connections to manage fuel availability amid disruptions caused by the Middle East conflict, with domestic supplies remaining stable, according to an official statement.More than 13 lakh 5-kg free trade LPG cylinders have been sold since March…
