Business

A senior Reserve Bank of India official criticised foreign-exchange market makers for their role in aggravating the rupee’s weakness during the ongoing West Asia tensions, as the regulator keeps up its tough messaging stance in its defense of the currency. Addressing an annual foreign exchange dealers’ conference in Paris at the weekend, deputy governor T…

Pranav Mer, Vice President, EBG, Commodity and Currency Research at JM Financial Services Ltd, said attention will be on key Chinese data covering trade, investment and growth, along with inflation figures from the Eurozone. On the domestic front, he noted that traders will track the Consumer Price Index and Wholesale Price Index readings early in…

Two supertankers carrying Iranian crude have anchored off India’s eastern and western coasts, marking a potential resumption of such imports after nearly seven years, even as the US steps up efforts to restrict Tehran’s oil exports.Ship-tracking data, cited by Bloomberg show that the Felicity, a very large crude carrier owned by the National Iranian Tanker…

Asian markets began the week on a shaky note, but the story isn’t uniform across the region. While most stocks slipped into the red as lingering uncertainty around the Middle East conflict dragged down investor sentiment, Singapore is bucking the trend with its comparitively better position and its markets hovering near record highs despite the…

CHENNAI: Toy prices are rising ahead of the summer holidays as the West Asia conflict pushes up crude-linked raw material costs, making the season more expensive for parents. Prices in some categories have already increased. Shabbir Gabajiwala, president of The All India Toy Manufacturers Association (TAITMA), said toy prices could rise 10%-40%, depending on plastic…

Oil markets opened sharply higher, surging past the $100 per barrel mark once again after US President Donald Trump announced that a blockade of Iranian ports would begin from Monday (local time).US crude oil or WTI skyrocketed 8% to $104.24 per barrel, while Brent crude, the global benchmark, soared 7% to $102.29 in early trading.The…

Top stocks to buy (AI image) Stock market recommendations: Mtar Technologies, and Syrma SGS have been picked as the top stocks to buy in the holiday-shortened trading week starting from April 13, 2026, by Motilal Oswal Wealth Management Research Desk. Let’s look at the details: Stock Name CMP (Rs) Target (Rs) Upside (%) Mtar Technologies…

BENGALURU: Even as TCS saw its headcount fall by nearly 24,000 in FY26, CHRO Sudeep Kunnumal said the entire decline cannot be attributed to last year’s restructuring. He added that the company has already made 25,000 campus offers and remains on track to hire around 40,000 freshers annually. “Last year, we onboarded 44,000 trainees. We…

BENGALURU: Global venture funding hit a record $300 billion in the Jan-March quarter, the highest ever for a single quarter, according to Crunchbase data. The surge, driven largely by artificial intelligence deals, has reignited the debate on whether venture markets are truly recovering or if capital is concentrating in a narrow set of companies.Nearly 80%…

MUMBAI: Consumers seem to be cutting back on discretionary spends, allocating more budgets to essentials and value purchases as a mix of war-driven uncertainty and layoffs have nudged people to tighten their purse strings and save more. Even as the US and Iran agreed upon a two-week ceasefire last week, the prospects of a peace…