News that keep you updated
South Korea’s stock market has overtaken India to become the world’s sixth-largest equity market by value. (AI image) In yet another setback, South Korea’s stock market has overtaken India to become the world’s sixth-largest equity market by value. Last week, India was overtaken by Taiwan to become the fifth largest stock market. Within a week,…
Oil prices increased slightly on Tuesday amid ongoing uncertainty over talks between the United States and Iran and speculation around the potential reopening of the Strait of Hormuz, one of the world’s most critical energy transit routes.Brent crude futures rose by 0.06% to $95.04 a barrel, while US West Texas Intermediate declined slightly by 0.18%…
Top stocks to buy or sell today (AI image) Stock market recommendations: Infosys has been recommended as a top buy call by Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan on June 2, 2026. The expert has recommended DLF, and Cholamandalam Investment and Finance Company as sell calls. Target prices, stop loss and…
Morgan Stanley maintained its overweight rating on Reliance Industries with the target price at Rs 1,803. Analysts said RIL is deploying $15 billion annual operating cash flows with shorter monetisation cycles now the new norm. New energy and AI infrastructure flagged as key value drivers funded by existing businesses. Kutch land assets of 550,000 acres…
MUMBAI: As the West Asia peace talks showed no meaningful progress, and fresh reports of flare-ups between the US and Iran emerged, crude oil prices jumped and weighed on investor sentiment on Dalal Street on Monday. With foreign funds continuing to sell Indian stocks, sensex slid 1,100 points from the day’s high to close at…
NEW DELHI: Industrial production growth slowed to 4.9% in April 2026 from 5.7% a year earlier on account of a contraction in mining and quarrying and slowdown in other sectors. The statistics ministry Monday released the new IIP series, with 2022-23 as the base year (from 2011-12), updating the methodology and broadening the coverage of…
MUMBAI: Amid a sweeping restructuring at Tata Digital, Maya Tata, the daughter of Tata Trusts chairman Noel Tata, is exploring a move out of the company, said people familiar with the matter.Maya, 37, is weighing roles across several Tata Group companies, including Trent and Tata Consumer Products, with people saying she is favouring the listed…
BENGALURU: Nandan Nilekani turns 71 on Tuesday, and if all goes as per plan, Infosys shareholders will re-elect him as non-executive chairman for a third successive term at the company’s annual general meeting to be held later this month.Since his reentry into Infosys in 2017, after the tumultuous period under then CEO Vishal Sikka, things…
NEW DELHI: Growth in GST collections slowed to 3.2% in May with the mop-up at Rs 1,94,184 crore on account of fall in revenue from domestic transactions. According to latest available data in May — based on transactions in April — GST from domestic sources was down 2.6% to Rs 1,34,530 crore.Govt, however, attributed it…
CHENNAI: The Indian passenger vehicle (PV) industry delivered a resilient performance in May 2026, with four of the six leading automakers-which together account for nearly 94% of India’s PV volumes-posting double-digit year-on-year growth despite recent vehicle price increases driven by rising raw material costs linked to the West Asia crisis, and a fuel price hike…
