‘Fundamentally well supplied..’: Brent crude prices expected to average $70 in FY26 despite Israel-Iran conflict, says report

Representative image (Picture credit: ANI) Brent crude oil prices are projected to average around $70 per barrel in FY26 despite geopolitical turbulence in the Middle East, according to a report by Emkay Research. The agency said oil markets remain “fundamentally well supplied,” citing rising output from both OPEC+ and non-OPEC+ producers as key factors stabilising…

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Air India plane crash: Black box of 787 Dreamliner to be sent to US for data recovery; ‘recorders sustained heavy damage…’

During crash investigations, the black boxes provide vital information. (AI image) Air India Ahmedabad plane crash: India plans to send the severely damaged black box from the Air India Boeing 787 crash to the United States for detailed analysis. Due to extensive fire damage after the plane crash, data extraction in India has proven unfeasible.The…

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Gold & silver price prediction today: What’s the gold rate outlook for June 19, 2025 – should you buy or sell?

Gold price prediction: For those considering a long position, entering near ₹98,700 with a target of ₹1,01,000 offers a favourable risk-to-reward ratio. (AI image) Gold and silver price prediction: Gold and silver price directions will continue to be influenced by global factors – US Federal Reserve’s stance, ongoing Iran-Israel conflict, and US President Donald Trump’s…

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Dassault partners Anil Ambani co to make biz jets

NEW DELHI: French aerospace major Dassault Aviation has tied up with Anil Ambani‘s Reliance Aerostructure to manufacture Falcon 2000 business executive jets in India for global markets. India will soon join the club of countries that make business jets which includes the US, France, Canada and Brazil. Also this is the first time Dassault, in…

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Rising crude prices pose a risk for India, says CEA

NEW DELHI: Rising global crude oil prices, triggered by the conflict between Israel and Iran, pose a risk for India, a top official said on Wednesday, adding that the impact on the economy, however, would depend on the extent of the increase and how long it lasts.“The current conflict between Israel and Iran may not…

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Currency watch: Rupee slips 13 paise to 86.47 against US dollar, crude prices and Middle East tensions weigh on sentiment

The rupee depreciated 13 paise to close at 86.47 against the US dollar on Wednesday, hurt by persistent risk-off sentiment, elevated crude oil prices, and geopolitical tensions in the Middle East.The local currency opened at 86.42 at the interbank foreign exchange and saw high intraday volatility, touching a high of 86.25 and a low of…

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