Iran-Israel conflict impact: Basmati rice prices to drop as exports to Iran, third largest buyer of Indian basmati, expected to decline

During 2024-25, India’s basmati rice exports to Iran were valued at ₹6,374 crores. (AI image) Basmati rice prices, which saw an increase of 15-20% in the past two months due to higher exports, are expected to decrease in the upcoming weeks as exports to Iran may decline amidst its ongoing conflict with Israel.According to the…

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Auto sales steady in May: Two-wheelers, passenger cars lead growth; three-wheeler demand softens

Vehicle segments demonstrated steady performance in May 2025, as indicated in a recent analysis from the Society of Indian Automobile Manufacturers, quoted by ANI.The combined domestic sales figures for passenger vehicles, three-Wheelers, two-wheelers, and quadricycles reached 20,12,969 units in May 2025.The strongest performance was observed in two-wheeler and passenger vehicle categories. However, three-wheelers and quadricycles…

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Gold rate today: Gold prices surge to record high of Rs 1.01 lakh per 10 grams; what’s the outlook for yellow metal?

Safe-haven demand arising from geopolitical tensions is influencing the movement of gold and silver prices. (AI image) Gold rate today: Gold prices reached a historic peak of Rs 1,01,078 per 10 grams on the MCX (August futures), following its closure above Rs 1 lakh on Friday for the first time, supported by global equity pressures…

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Air India crash: Twenty-two Boeing 787 Dreamliners inspected; 11 more to go after DGCA ordered enhanced safety checks

Sand artist Sudarsan Pattnaik creates a sculpture in tribute to victims of the Air India plane crash, at the beach in Puri, Odisha. (PTI Photo) Air India Dreamliner crash: Air India has finalized enhanced inspections on 22 Boeing 787 aircraft in its fleet following last week’s crash. The airline operates 33 Dreamliners, with the first…

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Gold price prediction: What’s the gold rate outlook for June 16, 2025 week amidst Israel-Iran conflict – should you buy or sell?

Gold prices witnessed heightened volatility last week as escalating geopolitical tensions took center stage. (AI image) Gold price prediction today: Gold is back in focus amidst the ongoing Israel-Iran conflict which has added to its safe haven appeal in times of increased geopolitical tensions and uncertainties. Positive news on the US-China trade deal talks and…

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Israel-Iran tensions linger: Asian stocks rebound cautiously; oil prices spike while safe-haven bets diverge

Asian stock markets showed early signs of recovery on Monday following sharp losses last week triggered by intensifying hostilities between Israel and Iran. Investor sentiment remains cautious as the risk of prolonged conflict in the Middle East threatens oil supplies, inflation dynamics, and monetary policy outlooks globally. Brent crude prices surged by as much as…

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