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CHENNAI: India’s state-run oil marketing companies are expected to withstand the impact of fresh US sanctions on Russian energy giants Rosneft and Lukoil, as well as the European Union’s ban on refined products derived from Russian crude, according to Fitch Ratings.The rating agency said the measures are unlikely to materially affect refining margins or the…
File photo: Economic secretary Anuradha Thakur MUMBAI: The government has said that the financial sector should not fight disintermediation but “take the bull by its horns, work collectively, analyse trends deeply and see how to channelise these so that financial flows become smoother within the domestic economy to all segments that require finance.”Speaking at the…
India has finalised its first structured one-year agreement to import liquefied petroleum gas (LPG) from the United States, Union petroleum minister Hardeep Singh Puri announced on Monday. Describing the development as a “historic first”, he said Indian public sector oil companies had secured a contract to source LPG from the US Gulf Coast. The update…
CLSA has an underperform rating on Jubilant Foodworks with the target price at Rs 477. Analysts said the company missed its sales estimates, which was known. Its earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin was below consensus but slightly improved sequentially, while gross margin improved slightly as it raised prices and packaging charges….
MUMBAI: Blame it on quick commerce that’s made Indians used to getting groceries and a host of other products including make-up, light jewellery items and occasionally even iPhones in 10 minutes, consumers now want their food to get delivered faster unless it’s a gourmet recipe or something they want to have at leisure. They would…
CHAMPIONS OF CONTINUITY: Ashok Vaswani Uday Kotak Kotak Mahindra Bank’s MD & CEO (L) with founder ‘Over 40 Yrs, Capital Discipline Has Shaped Us… Two Years After I Stepped Down, The Institution Has Managed The Transition & Is Thriving With Leaders Like Ashok Vaswani’Two years after stepping down as Kotak Mahindra Bank’s CEO, Uday Kotak…
Market experts maintain a positive outlook for Indian equities, supported by declining retail inflation and favourable corporate earnings results. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Monday. While Nifty50 was above 25,900, BSE Sensex crossed 84,600. At 9:16 AM, Nifty50 was trading at…
File photo (Picture credit: AP) Asian markets started the week on a weak note, with investors turning cautious amid fading expectations of a US rate cut and rising concerns over stretched tech valuations. The uncertain mood also spilled over into cryptocurrencies, with bitcoin briefly dipping below its end-2023 level.As per news agency AFP, traders are…
Representative image (Picture credit: AP) The Federal Aviation Administration will lift all flight-reduction orders at 40 major airports from Monday, allowing airlines to return to normal operations after weeks of shutdown-triggered disruptions.In a joint statement, transportation secretary Sean Duffy and FAA administrator Bryan Bedford said regular schedules can resume from 6 am EST on Monday….
Top stocks to buy (AI image) Stock market recommendations:According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting November 17, 2025) are Ashok Leyland, and Jindal Stainless. Let’s take a look: STOCK NAME CMP (Rs) TP(Rs.) UPSIDE(%) Ashok Leyland 148 165 11% Jindal Stainless 737 870 18% Ashok LeylandAshok Leyland…
