The CBI has arrested a deputy general manager of Oil India Limited posted in Assam’s Duliajan and a private company executive for alleged bribery of Rs 7 lakh, officials said on Monday. Prayas Chakravorty, a deputy general manager (DGM) of Oil India Limited (OIL), had allegedly demanded the bribe from Jyoti Kumar Singh, the DGM…
Adani Group stocks rally (AI image) Adani Group stocks today: Adani Group stocks on Monday saw significant gains of up to 14% after reports emerged of meetings between Gautam Adani representatives and US President Donald Trump‘s administration officials. The discussions centred on seeking dismissal of criminal charges in a bribery investigation, as reported by Bloomberg…
India’s economy remains largely unaffected by the reduced Pakistani imports. (AI image) India’s import ban on Pakistan: In a major economic retaliation following the Pahalgam attack, the Narendra Modi government has implemented sweeping restrictions, prohibiting all imports from Pakistan, whether direct or through intermediary nations, along with postal services and parcel deliveries from the neighbouring…
The US Federal Reserve is widely expected to keep its benchmark interest rate unchanged at around 4.3% when it concludes its two-day policy meeting on Wednesday, resisting pressure from President Donald Trump and his administration to cut borrowing costs.Despite Trump’s repeated demands for a rate cut and claims that inflation is no longer a concern,…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday and rallied strongly. While Nifty50 crossed the 24,500 mark, BSE Sensex was above 81,000. At 10:46 AM, Nifty50 was trading at 24,515.75, up 169 points or 0.69%.BSE Sensex was at 81,008.97, up 507…
Gold rate today: Focus this week shifts to Services PMI data from major economies and Fed policy meeting. (AI image) Gold price prediction: What’s the outlook for gold prices in the week starting May 5, 2025? After touching record highs recently, gold has seen dips in recent days. What are the global cues that investors…
Gautam Adani (File photo) Billionaire Gautam Adani’s official representatives have reportedly met with US President Donald Trump‘s administration officials. According to a Bloomberg News report, the aim of the meeting was to look at a dismissal of criminal charges against Gautam Adani in the foreign bribery investigation.The discussions, which commenced in early 2025, have intensified…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting May 5, 2025) are Varun Beverages and JSW Infrastructure. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) VBL 524 665 27% JSW Infra 290 370 28% VBLVarun…
Things are getting awkward for the US Federal Reserve. With their eye on inflation, officials are inclined to hold rates steady when they meet in Washington on Tuesday and Wednesday. But fears of a slowdown are mounting, and President Donald Trump and some of his deputies keep hammering the central bank for a rate cut.Caught…
Indian stock markets are set for a crucial week ahead, with investors focusing on the pace of foreign portfolio investments (FPIs), the next step of India-US trade talks, and the quarterly results of major listed firms. Globally, the upcoming US Federal Reserve meeting will be closely tracked for signs of any transition in interest rate…
