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“Indian equity markets are expected to open on a mild positive note, with Gift Nifty trading at 23,748, up by 58points. Asian equities traded largely higher at the start of the new month, with Japan’s Nikkei and South Korea’s KOSPI touching fresh record highs. However, uncertainty surrounding a potential US-Iran agreement and lingering geopolitical concerns…
MUMBAI: HDFC Ergo General Insurance has tightened costs in motor third-party cover, fearing claims inflation could sink the line without strict underwriting. It reset reserves in FY25-FY26 after spotting inflation outrunning assumptions.Speaking to TOI MD & CEO Parthanil Ghosh said claim dynamics had shifted.“We felt that the third-party rates vis-a-vis the commission that is being…
NEW DELHI: Insurance giant LIC is actively considering establishing a fintech arm either through strategic investment or organic way to cater to its growing digital needs, CEO & MD R Doraiswamy said. “Naturally, to meet the modernisation requirement and particularly to bring innovation, we are engaging both fintech and insurtech players and we are getting…
NEW DELHI: The finance ministry on Sunday issued notification on duty concessions on Omani goods under trade pact with India, which will come into effect from June 1.The India-Oman Comprehensive Economic Partnership Agreement (CEPA) was signed in Dec last year. “Provided that the (duty) exemption shall be available only if the importer proves to the…
Gold prices traded steady as investors balanced ongoing uncertainty surrounding US-Iran ceasefire negotiations against rising inflation concerns and expectations of tighter monetary policy. While reports suggest US and Iran continue discussions on extending the current truce and reopening the Strait of Hormuz, key disagreements remain unresolved and any final agreement still requires approval from President…
Oil prices rose more than 2% in early trading on Monday after Israel ordered additional troop deployments into southern Lebanon, escalating tensions with the Iran-backed Hezbollah group despite a ceasefire announced more than six weeks ago.US crude futures (WTI) climbed by 2.71% to $89.73 a barrel, while Brent crude futures gained 2.37% to $93.28 a…
Top stocks to buy today (AI image) Stock market recommendations: Astra Microwave, and Shaily Engineering Plastics have been recommended by Motilal Oswal Wealth Management Research Desk as the top stocks to buy for the week starting June 1, 2026: Stock Name Rating CMP (Rs) Target (Rs) Upside (%) Astra Microwave Buy 1381 1580 14% Shaily…
NEW DELHI: Domestic companies have outpaced MNCs in rewarding women leaders at the top with more female C-suite executives entering the million-dollar compensation league as India Inc sharpens its focus on diversity and professional talent.Nine women leaders are now part of the elite club of CXOs earning over a million dollars, up from seven two…
Commercial LPG prices across India have been increased by Rs 42 to Rs 53.50 per cylinder from Monday. The price hike comes amid concerns over fuel supply security and efforts to strengthen LPG reserves following recent disruptions linked to the West Asia conflict.The price of a 19-kg commercial LPG cylinder in Delhi has been raised…
NEW DELHI: Foreign investors continued to pare their exposure to Indian equities, withdrawing Rs 32,963 crore in May. Besides FPIs, analysts expect developments around the West Asia war, crude oil prices, and the RBI’s interest rate decision to determine the equity-market trend in the event-heavy week ahead.In 2026 so far, the total outflow by foreign…
