The United States of America, which is the largest producer of oil, holds the second largest strategic oil reserves, followed by Japan. (AI image) Did you know that China holds the largest strategic oil reserves in the world? Amid ongoing disruptions due to the US-Iran war and blockade of the Strait of Hormuz, this fact…
Looking ahead to the coming week, the region around the weekly low of 140,000 is anticipated to emerge as a pivotal support zone. (AI image) Gold and silver price prediction today: Gold and silver are exhibiting a slightly bearish bias, according to Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold…
India’s smart TV boom has brought a sharper, more uncomfortable question into the living room: is your television quietly watching you back? The question arises due to a lesser-known feature called automatic content recognition (ACR), a technology built into many internet-connected TVs that can identify what’s playing on screen by analysing audio snippets or pixel…
Mumbai: Banking data for the fortnight ended April 15, 2026 showed a sharp contraction in deposits and advances after a surge at the March 31 year-end, highlighting the scale of balance sheet adjustments and exposing the window dressing in the system. Bank deposits fell from Rs 267.8 lakh crore on March 31 to Rs 261.9…
Global oil prices surged past $120 on Thursday, briefly touching $122, the highest level since 2022 as fears of prolonged supply disruptions intensified amid a deadlock in talks to end the US conflict with Iran.Brent crude for June delivery rose around 1.9% to near $120 a barrel, while US West Texas Intermediate (WTI) edged up…
Top stocks to buy (AI image) Top stock market recommendations: Lodha Developers, Premier Energies, and HDFC Asset Management Company have been picked by Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group as the top stocks to buy on April 30, 2026. He shares his target levels and also outlook for…
Chennai: Indian Overseas Bank’s annual net profit crossed Rs 5,000 crore for the first time, with the public sector lender reporting FY26 profits at Rs 5,209 crore, up 56% from Rs 3,335 crore in FY25, driven by higher income and lower provisions and tax expenses. The bank’s operating profit also crossed Rs 10,000 crore for…
Mumbai: RBI has introduced a new ‘calamity chapter’ in its guidelines, creating a dedicated framework for disaster-related relief that separates such measures from general restructuring and tightens eligibility, accounting, and provisioning norms.Unlike in the past when relief measures were handled under broader restructuring frameworks, the new rules establish a distinct Chapter VI-A for natural calamities…
Mumbai: The RBI has dealt a blow to Tata Sons’ bid to avoid going public, rejecting an argument that would have allowed the Tata conglomerate’s holdco to surrender its financial licence and evade a mandatory stock exchange listing. In directions published on Wednesday, RBI clarified that equity received from group companies with access to capital…
May Offer Price And Logistics Advantage New Delhi: The UAE’s exit from Opec may prove significantly beneficial for India, which is looking to secure its energy requirements in the long run following the recent squeeze on supplies amid the military conflict in West Asia, officials in the know said.While Abu Dhabi has taken the decision…
