India’s state-owned oil refining giants stepped up crude purchases last week, securing millions of barrels through separate tenders. According to sources cited by Reuters, Indian Oil Corp (IOC) and Hindustan Petroleum Corp (HPCL) together bought around 7 million barrels of crude, with the cargoes scheduled for delivery over the coming months.IOC accounted for 5 million…
Selecting an incorrect ITR form can result in the return being treated as defective. (AI image) ITR filing: Which is the correct tax return form for you? ITR-1 to ITR-7 eligibility explainedITR filing FY 2025-26: Filing your income tax return can seem to be a daunting task. This annual exercise should be completed with extreme…
During the visit, Modi is also scheduled to attend the India-Australia CEOs Forum. (ANI photo) Nuclear power push: Prime Minister Narendra Modi’s visit to Australia this week may see a key uranium supply agreement being signed. It’s one of the key expected outcomes of PM Modi’s visit to Australia this week, as India seeks to…
Himachal Pradesh’s 5,000 crore apple economy is facing a sharp climate squeeze this year, with unseasonal rains, hailstorms and erratic weather set to cut production by nearly 40%.Back in 2025, the state’s apple output stood at 6.99 lakh metric tonnes. However, in 2026, production is projected to decline by 2.63 lakh metric tonnes, or nearly…
Upside in bullion may remain limited as inflation continues to stay above the Federal Reserve’s 2% target. (AI image) Gold price prediction today: Gold prices are likely to see a limited upside because of high inflation in the US, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold inched higher in…
Rupee began the week on a weaker note, slipping 10 paise to 95.28 against the US dollar in early trade. The decline came as a stronger US dollar overseas and uncertainty over global developments kept market sentiment under pressure.Rupee opened at 95.25 against the US dollar in the interbank foreign exchange market on Monday before…
MUMBAI: RBI’s Financial Stability Report has flagged a rise in early exits from life insurance policies, with surrenders and withdrawals now exceeding maturity pay-outs, signalling policyholder dissatisfaction and the risk of mis-selling. The report also said that surging distribution costs raise the risk of acquisition-cost-driven mis-selling.The report said total benefits paid by life insurers rose…
Stock market today: Dalal Street opens in green with Sensex gaining over 350 points, Nifty opens above 24,350 Stock market began the week on a positive note with benchmark indices opening 0.3% up. NSE Nifty 50 was trading at 24,355.35, up 83.80 points or 0.35% around 9:20. BSE Sensex jumped over 306 points to 78,070.22,…
AI generated image, used only for representational purpose Planning a bank visit? You might need to reschedule as banks across some parts of the country will remain closed on Monday. Knowing bank holidays in advance can help you to avoid an unnecessary trip, especially if you have time-sensitive branch work such as submitting documents, processing…
Gold prices began the week on a firm footing, holding close to a two-week high after weaker-than-expected US employment data reinforced expectations that the Federal Reserve may not rush into another interest rate increase. Spot gold traded around $4,175 per ounce on Monday after posting a gain of more than 2% last week, ending a…
