NEW DELHI: Wholesale price inflation in May eased to a 14-month low, led by a sharp easing in food, fuel, and softer base metal prices. However, experts cautioned that the Israel-Iran conflict and global trade tensions could impact crude oil prices and the overall price situation in the months ahead.Data released by the commerce and…
MUMBAI: Siddhant Commercials, an entity belonging to the Reliance Industries group, on Monday sold 85 lakh shares of Asian Paints for nearly Rs 1,876 crore through a block deal on NSE. The entire block, representing 0.9 per cent of the company’s equity, was bought by ICICI Prudential Mutual Fund at a per-share price of Rs…
The ongoing Israel-Iran situation will keep defence and oil-related stocks under observation. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened on a choppy note on Tuesday. While Nifty50 was above 24,900, BSE Sensex was near 81,750. At 9:18 AM, Nifty50 was trading at 24,933.10, down 13 points or…
MUMBAI: In its first major fundraising effort since the collapse of its merger with Sony Pictures India, Zee Entertainment Enterprises will raise Rs 2,237 crore from its promoters to finance its growth plans. The company plans to issue up to 16.95 crore convertible warrants at Rs 132 each to Altilis Technologies and Sunbright Mauritius Investments,…
Top stocks to buy today (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Apollo Hospitals, and Persistent are the top stocks to buy today:Apollo Hospitals – Buy in the range between Rs 7,100 & Rs 7,110; Stop Loss: Rs 6,920; Target: Rs 7,545Apollo Hospitals…
India’s total exports including both merchandise and services, climbed to $71.12 billion in May 2025, marking a 2.77% increase compared to the same month last year, data released by the Union commerce ministry showed on Monday. In May 2024, the figure stood at $69.20 billion.While merchandise exports saw a slight dip from $39.59 billion to…
Indian companies are expected to register stable revenue growth in the April–June quarter of the current financial year, lifted by strong domestic demand, a report by ratings agency ICRA released on Monday said.However, lingering geopolitical tensions are likely to weigh on sentiment, particularly for export-driven sectors.ICRA projects operating profit margins for the first quarter of…
Representative image (Photo: ANI) NEW DELHI: When it comes to quantity (volume), South Delhi, associated with affluence, is India’s unrivalled consumption capital for fast-moving consumer goods. But West Delhi is the top spender on these goods, not only in the capital, but also in the country. What’s common: both prefer good old home-cooked meals, and…
India’s monthly unemployment rate climbed to 5.6% in May 2025, up from 5.1% in April, according to government data released on Monday. The rise can be largely attributed to seasonal factors and reduced rural employment after the end of the Rabi harvest season, the ministry of statistics and programme implementation said in its report.Last month,…
India’s economy ay grow by 6.3–6.5% in 2025-26, despite these global pressures. (AI image) As the world’s fastest growing major economy, India has a lot of things going right for it – demand is picking up, inflation is down to a 6-year low, and the RBI has reduced repo rate by 1%, which means lower…
