NEW DELHI: Petroleum ministry officials told a parliamentary panel on Monday that there is 78 days of crude stock and assured there is no shortage of LPG, in response to questions from several members over “long queues” at fuel stations in some parts of the country.The panel on transport, tourism and culture headed by JDU…
Stock markets are set for a shortened trading week, with the National Stock Exchange and BSE scheduled to remain closed on Thursday, May 28, on account of Bakri Eid.This will be the second trading holiday in May after markets remained shut earlier this month on May 1 for Maharashtra Day.The holiday means equity, equity derivatives…
Union finance minister Nirmala Sitharaman on Monday said the government is willing to listen to concerns raised by stock market investors regarding the taxation framework for Long-Term Capital Gains (LTCG) and Short-Term Capital Gains (STCG).Speaking to reporters on the sidelines of the TEXPROCIL Export Awards event, Sitharaman said the Centre remains open to suggestions from…
Goldman Sachs has a neutral rating on ITC with the target price maintained at Rs 330. Analysts said the company’s Jan-March quarter (Q4FY26) earnings numbers are not comparable on a yearly basis (YoY) due to cigarette tax structure change. They expected peak earnings impact from cigarette tax hike in Q1FY27. They estimate cigarette volume decline…
Your next trip to the fuel station just got more expensive!Fuel prices across the nation saw another revision, now becoming costlier by Rs 7.5 per litre since the Middle East crisis began. Early Monday, petrol prices were hiked by Rs 2.61 per litre, while diesel prices were increased by Rs 2.71, marking the fourth increase…
Gold prices rose in futures trade on Monday, tracking gains in global markets amid growing optimism surrounding a possible peace agreement between the United States and Iran. Retail gold rates across major Indian cities also moved higher, with 22K, 24K and 18K prices recording gains compared to the previous day.On the Multi Commodity Exchange (MCX),…
Stock market rallied sharply on Monday, with the Sensex soaring more than 1,000 points and the Nifty reclaiming the 24,000 mark, as easing geopolitical tensions in West Asia and falling crude oil prices boosted investor sentiment globally.The 30-share BSE Sensex jumped 1,073.61 points, or 1.42 per cent, to close at 76,488.96, while the NSE Nifty…
As the ongoing conflict in the Middle East tightens pressure on global energy supply routes, oil giants from UAE and Qatar are turning to unconventional shipping tactics to move its oil and gas out of the Persian Gulf to nations that need energy. Adnoc is navigating one of the world’s most sensitive maritime corridors, the…
Shares of major Oil Marketing Companies rallied strongly on Monday, jumping up to 6%. These gains came after the government hiked fuel prices in the country for the fourth time in 10 days, making petrol Rs 2.61 per litre costlier and diesel by Rs 2.71 per litre.Shares of Hindustan Petroleum Corporation Limited (HPCL), Indian Oil…
Top stocks to buy today (AI image) Stock market recommendations: Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities recommends buying Varun Beverages Ltd, and Elecon Engineering Company Ltd as the top stock picks for the May 25, 2026 week. The expert also shares his outlook for Nifty and Bank Nifty:Varun Beverages LtdVBL has…
