Shipping Firms, Awaiting Details, Are Cautious of U.S.-Iran Deal
Shipowners welcomed the agreement to reopen the Strait of Hormuz, but said they would need more security guarantees before resuming transits. Source link
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Rupee rallies to five-week high on crude oil plunge; RBI measures add to momentum
The rupee rose against the US dollar for a second straight session on Monday, helped by a sharp decline in crude oil prices after a preliminary US-Iran agreement to end the conflict and reopen the Strait of Hormuz, Reuters reported.The currency also extended gains seen after the Reserve Bank of India’s June 5 measures to…
China Moves the Price of Oil, Even When It Buys Less
China is the world’s largest purchaser of oil. But three months after the war with Iran began, it cut its imports, cushioning the global market. Source link
Arvind Panagariya seeks for dedicated privatisation ministry; says govt should revive PSU, bank disinvestment
Former Niti Aayog vice chairman Arvind Panagariya has called for reviving the government’s privatisation agenda for public sector undertakings (PSUs) and public sector banks (PSBs), arguing that disinvestment remains a key pillar of India’s economic reforms.In an interview with PTI, Panagariya also advocated the creation of an independent privatisation ministry to accelerate the government’s disinvestment…
‘First step, not end of the story’: FM Sitharaman hints at more measures to attract foreign capital inflows
Sitharaman said the new measures were a beginning of a broader strategy to draw international capital back into India. Terming the recent measures to attract foreign capital as the “first step”, Finance minister Nirmala Sitharaman on Monday said that India is preparing for exigencies in wake of the ongoing geopolitical crisis and US-Iran conflict.Sitharaman described…
Skilled blue-collar talent in demand amid AI surge
NEW DELHI: Most of the conversation around AI has been about the jobs it could disrupt. What the technology has also triggered, far less visibly, is an unprecedented surge in demand for certain skilled human talent. An analysis by talent firm Randstad of over 50 million job postings, shared exclusively with TOI, shows the demand…
US-Iran war impact: Wholesale inflation rises sharply to 9.68% in May; higher fuel, food, power prices weigh
Wholesale inflation accelerated as higher prices of fuel, power, manufactured goods and food items pushed up input costs across the economy. (AI image) US-Iran war impact: Reflecting the impact of the US-Iran conflict, the Wholesale Price Index (WPI) inflation for the month of May rose sharply to 9.68% from 8.26% in April. This is the…
Stocks to buy: What’s the outlook for Nifty for June 15-June 19 week? Check list of top stock recommendations
Top stocks to buy today (AI image) Stock market recommendations: Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities has picked Karnataka Bank, Avalon Technologies as the stocks to buy in the June 15-June 19, 2026 week. Outlook on Nifty50 and Bank Nifty has also been shared:Karnataka Bank Karnataka Bank has displayed impressive resilience…
US-Iran peace deal lifts markets: Asian stocks soar, dollar slides to June 5 low, oil tumbles & gold jumps 2%
Global markets rallied on Monday after the United States and Iran announced a framework agreement to end their conflict, raising hopes of lower energy prices, easing inflation pressures and reduced risks to the global economy.Asian equities surged, the US dollar fell to its weakest level since June 5, and oil prices tumbled more than 4%…
Stock Market Live Updates Today: BSE Sensex opens over 1,100 points up, Nifty50 above 23,950 as Trump announces US-Iran peace deal; crude oil prices plunge
“Indian equity markets are expected to open on a strong positive note, with Gift Nifty trading at 23,974, up by 470 points. Asian markets surged at the start of the week after reports of progress toward a US-Iran peace deal boosted risk appetite globally. A broad gauge of Asian equities jumped more than 2%, while…