U.S. stocks declined as fading hopes for a swift end to the U.S.-Israeli war on Iran, coupled with renewed military threats and stagflation worries, weighed on investor sentiment. The Dow and S&P 500 fell, while the Nasdaq saw a slight gain amid market confusion and ongoing geopolitical tensions.Read More

Gold prices edged higher as easing oil prices tempered inflation concerns. Investors are closely watching upcoming U.S. economic data, including the CPI and PCE indexes, for clues on the Federal Reserve’s future monetary policy decisions. The Fed is widely expected to maintain current interest rates at its upcoming meeting.Read More

The dollar remains stable as global markets watch the U.S.-Iran conflict. Traders are cautious, seeking clarity on the war’s duration and potential impact on energy supplies. Oil prices have surged, influencing currency markets and central bank expectations. Investors await U.S. inflation data for further direction. The International Energy Agency is reportedly considering a significant oil...Read More

Oil prices are fluctuating. The International Energy Agency is proposing a historic release of oil reserves. This move aims to counter supply disruptions caused by the war on Iran. Major oil benchmarks saw initial gains reversed. The U.S. and Israel conducted intense airstrikes on Iran. Saudi Arabia is boosting supplies via the Red Sea.Read More

GST cases: Smruti Waghdhare, proprietor of M/s Platinum International, had challenged seizure orders dated June 27 and June 28, 2023 issued in Form GST INS-02.Read More

In a dramatic shift for IndiGo, CEO Pieter Elbers has stepped down following a significant operational failure that led to the cancellation of over 5,000 flights last December, stranding numerous travelers. The situation prompted government intervention to restore order in the airline’s operations.Read More

Indian stock markets have seen valuations ease after a recent sell-off. However, key indices still trade at a premium compared to emerging market peers. This valuation gap, coupled with investor caution, is impacting foreign fund inflows. India’s equity market performance has been among the weakest globally this year. Investors remain watchful of geopolitical events.Read More

Bitcoin surged past $71,000 for the first time in four days, climbing as much as 3.1% to $71,775. This rally, alongside equities, followed easing concerns over the Iran conflict after US President Donald Trump’s comments. Other cryptocurrencies, including Ether, also experienced gains.Read More

Global aluminium prices have surged due to plant shutdowns in Qatar and Bahrain and Strait of Hormuz disruptions, boosting Indian producers like Nalco, Hindalco, and Vedanta. These supply issues are expected to widen the global aluminium deficit, potentially driving prices higher through the first half of FY27.Read More

The Reserve Bank of India has revised dividend payout norms for banks, linking them to Common Equity Tier 1 (CET1) ratios instead of CRAR and NPAs. The new guidelines, effective April 1, 2027, offer greater flexibility to well-capitalized banks, with payouts ranging from 0% to 100% of adjusted profit after tax, subject to a cap.Read More