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US stocks traded in a narrow range on Wednesday even as crude oil prices resumed their upward move amid continued uncertainty over the conflict with Iran, according to an Associated Press report. The S&P 500 edged up 0.1% in early trading after a period of sharp volatility driven by energy price swings, while the Dow…
In a move aimed at reducing regulatory burden and improving ease of doing business, markets regulator Sebi on Wednesday eased certification requirements for Persons Associated with Research Services (PARS), allowing sales personnel, relationship managers and other non-research staff to qualify through a simplified certification module, PTI reported.The revised framework, which comes into effect immediately, recognises…
Benchmark equity indices Sensex and Nifty ended nearly 2 per cent lower on Wednesday after a brief respite in the previous session, as a fresh surge in crude oil prices amid escalating tensions in West Asia weighed on investor sentiment. Continued foreign fund outflows and selling pressure in blue-chip banking stocks also pulled markets down,…
Gold prices traded with a mixed bias on Wednesday as futures slipped on the domestic bourse even as retail bullion rates in major cities edged higher. Market participants largely remained cautious amid mild profit-taking at elevated levels.As of 14:54, gold futures on the Multi Commodity Exchange (MCX) showed a softer trend. The April 2026 contract…
Iran shipped millions of barrels of crude oil, all to China, through the Strait of Hormuz despite escalating tensions in the region following the outbreak of the US-Israel war with Iran on February 28, which has disrupted broader maritime traffic through the key energy corridor.At least 11.7 million barrels of Iranian crude have passed through…
India has purchased around 30 million barrels of unsold Russian crude after the United States issued a 30-day waiver allowing the country to buy shipments already stranded at sea, Bloomberg reported citing sources.According to the report, Indian refiners moved quickly to secure the available cargoes, many of which were already positioned in Asian waters, offering…
NEW DELHI: The United States on Wednesday again hailed India as a “great partner”, praising New Delhi’s purchase of oil from its old ally Russia and crediting it as an effort to maintain stable oil prices around the world.The US envoy to India, Sergio Gor, wrote on X, “India has been a great partner in…
The United Nations on Tuesday warned of “significant risks” to global trade and development, including higher food prices and cost-of-living pressures, if the Strait of Hormuz remains closed amid the ongoing Middle East conflict.A report by the UN Conference on Trade and Development (UNCTAD) said the military escalation following US–Israeli strikes on Iran and Tehran’s…
NEW DELHI: Air India and Air India Express will operate a total of 58 scheduled and non-scheduled flights to and from West Asia on Wednesday, as the ministry of civil aviation said it was closely monitoring the situation in West Asia and its impact on flights between India and the region.Amid the escalating conflict in…
The trajectory of bullion prices could depend on the duration & intensity of the conflict as global investors reassess risk exposure. (AI image) Gold price prediction today: Gold prices have been stuck in a range for some time now and developments on the US-Iran front will determine trajectory, says Maneesh Sharma, AVP – Commodities &…
