Biz men, HNIs, rural customers top bank branch visits; students least reliant

Mumbai: Indian bank branches continue to draw their heaviest footfall from entrepreneurs, rural customers and affluent clients, while younger, digital-native users remain the least likely to walk in, according to a report by EY, which also noted that 55% of customers want better digital support across apps, websites and chatbots.The report finds that middle-age entrepreneurs…

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US-China trade thaw? Beijing signals willingness to accept tariff level, seeks extension of truce

China has signalled that it is willing to accept a certain level of US tariffs while pushing for an extension of the ongoing trade truce with Washington, a move that could indicate further stabilisation in ties between the world’s two largest economies, Bloomberg reported.According to a statement issued by China’s Commerce Ministry on Wednesday, Beijing…

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Rising yields impact states’ borrowing costs

MUMBAI: Six states raised a total of Rs 20,100 crore in the latest state development loan auction conducted by RBI on Tuesday, with weighted average yields ranging between 7.6% and 7.9% across tenures of 6 to 30 years. The results are in line with the rise in yields on central govt bonds where 10-year bond…

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Rupee slides to new low of 96.53 vs dollar

MUMBAI: The rupee weakened to a record closing low of 96.53 against the dollar on Tuesday, marking its sixth consecutive session of decline, as sustained high crude oil prices and adverse global cues weighed on the currency. The local unit closed 18 paise lower compared to 96.35 in the previous session, after touching an intraday…

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Stock Market Live Updates Today: BSE Sensex opens over 600 points down; Nifty50 goes below 23,500

“Indian equity markets were expected to open on a cautious negative note, with Gift Nifty trading at 23,431 down by 133 points. Global equities remained muted following weak cues from the US markets, as investors turned cautious amid rising bond yields and persistent geopolitical uncertainties.In the previous session, The Nifty 50 erased early gains due…

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Top stocks to buy today: Stock recommendations for May 20, 2026

Top stocks to buy today (AI image) Stock market recommendations: Ashok Leyland, Bikaji Foods International, and Waaree Energies have been picked as the top stocks to buy on May 20, 2026:Ashok Leyland: Fibonacci Confluence Support with Harmonic CompletionBuy: ₹153–150 | Stop Loss: ₹145 | Target: ₹165ASHOKLEY is showing signs of stability near the crucial ₹150…

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Gold, Silver Rate Today Live Updates: International gold prices rise as crude drops on hopes of US-Iran conflict nearing an end

Gold prices staged a recovery on Tuesday, climbing Rs 800 to reach Rs 1.63 lakh per 10 grams in the national capital, as optimism surrounding possible progress in US-Iran talks helped ease worries about inflationary pressures. Market participants said gold of 99.9% purity increased by Rs 800 to Rs 1,63,600 per 10 grams, inclusive of…

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BPCL Q4 profit flat, FY26 net soars 75%

NEW DELHI: State-owned Bharat Petroleum Corporation (BPCL) reported a flat net profit in Q4FY26 after taking an impairment loss of Rs 4,349 crore on its upstream assets. It’s net profit in Q4 was Rs 3,191.5 crore compared with Rs 3,214.1 crore in the year-ago period. For FY26, its net profit soared 75% YoY to Rs…

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