The rise in oil prices added to inflation concerns. Oil prices rose more than 1% on Tuesday as concerns over global supplies intensified after attacks disrupted Saudi Arabia’s East-West pipeline and planned talks between Gulf Arab states and Iran were postponed.Brent crude futures gained $1.24, or 1.18%, to $106.93 a barrel at 0026 GMT, after…
NEW DELHI: Retail inflation based on the consumer price index (CPI) hit an eight-month high of 4.8% (y-o-y) in Aug from 4.5% in July, driven largely by higher food prices, NSO (National Statistics Office) data released Monday showed.At current level it is above RBI‘s 4% target for the third consecutive month, although it remains within…
UPI payments. (Representative image) Government on Monday notified that banks and payment system providers cannot impose direct or indirect charges on Unified Payments Interface (UPI) transactions of up to Rs 2,000 or payments made using RuPay debit cards.The notification was issued under Section 10A of the Payment and Settlement Systems Act, 2007.“In exercise of the…
Top stocks to buy for the trading week starting September 15, 2026 Stock market recommendations: Emcure Pharmaceuticals, and Cholamandalam Investment & Finance Company Ltd – Motilal Oswal Wealth Management Research Desk has identified these as the top stocks to buy in the holiday-shortened trading week starting September 18, 2026: NAME CMP (Rs) TP (Rs) Upside…
MUMBAI: Amazon’s quick commerce business has now crossed $1 billion in gross annualised sales in India over the past three-month period and has caught up with competition to become one of the top three market players in Delhi and Bengaluru, despite a late entry into the instant delivery space, a top company executive said.In an…
NEW DELHI: Essar Energy Transition’s retail arm has agreed to acquire independent UK forecourt operator SGN Retail in a deal estimated at about 400 million pounds ($540 million or Rs 5,166 crore), adding 118 sites to its network and creating a 235-site estate as it seeks to build a vertically integrated fuel business in Britain.EET…
Bengaluru: Coforge has appointed global executive search firm Egon Zehnder to identify two additional independent directors as the company moves to strengthen its board, following the resignations of chairman OP Bhatt and Nomination and Remuneration Committee (NRC) chair DK Singh. The board said the governance issues that led to the exits had no impact on…
NEW DELHI: Apple’s latest iPhone launch could trigger a fresh wave of trade-ins, while strengthening demand for older, refurbished models, as sharply higher flagship prices push buyers towards more affordable ways of entering the company’s ecosystem, according to Cashify.The refurbished-device platform expects buybacks to increase within 30 days of the launch and gather pace over…
New Delhi: AB InBev, the world’s largest brewer, has outpaced India’s beer market in the first half of the year, making the country one of Budweiser’s top three markets globally in June, behind US and China. The strong double-digit growth came despite the West Asia conflict, which disrupted supply chains and triggered can shortages, as…
Nagpur: Solar Industries, a Nagpur-headquartered explosives manufacturer, has signed a definitive agreement to take over South Africa’s Omnia Holdings in a Rs 12,951 crore deal, leading to formation of one of the world’s largest and most integrated blasting solutions platform.Solar would also get access to key international markets, including US, Canada, Australia, Brazil and Indonesia,…
