Brent Oil Hits $119 Level! Nomura Says Russian Oil Reprieve for India a Drop in the Ocean
Global energy markets are reeling as Brent crude oil surged to $119 per barrel, its…
Brent Oil Hits $119 Level! Nomura Says Russian Oil Reprieve for India a Drop in the Ocean
Global energy markets are reeling as Brent crude oil surged to $119 per barrel, its highest level in years, driven by escalating geopolitical tensions and supply disruptions. While India has been importing discounted Russian oil to cushion the blow, analysts at Nomura caution that this reprieve is merely “a drop in the ocean” compared to…
Rupee May Open at All-Time Low, Pressured by $100-Plus Crude; RBI Response Eyed
The Indian rupee is expected to open at an all-time low against the US dollar, as surging crude oil prices above $100 per barrel and escalating geopolitical tensions weigh heavily on investor sentiment. Market participants are closely watching the Reserve Bank of India’s (RBI) response, as the central bank may intervene to stabilize currency volatility…
What Iran War Means for Vedanta, Tata Steel and Other Metal Stocks: CLSA Analysts Explain
The escalation of the Iran conflict has sent shockwaves across global commodity markets, and Indian metal stocks such as Vedanta, Tata Steel, Hindalco, and Hindustan Copper have been among the hardest hit. Analysts at CLSA have explained that while the war-driven surge in crude oil prices and global uncertainty are weighing on investor sentiment, the…
AI Integration to Contribute up to $150 Billion to Manufacturing Sector MSMEs by 2035: Report
Artificial Intelligence (AI) is poised to transform India’s manufacturing landscape, with a new industry report projecting that AI integration could contribute up to $150 billion to the MSME (Micro, Small, and Medium Enterprises) manufacturing sector by 2035. This forecast highlights the immense potential of AI-driven automation, predictive analytics, and smart supply chain management in boosting…
How Bajaj Housing Finance Became the Third-Largest Housing Finance Player
Bajaj Housing Finance Limited (BHFL), a subsidiary of Bajaj Finance, has rapidly emerged as the third-largest housing finance company in India, a remarkable feat achieved through strategic expansion, customer-centric offerings, and robust financial discipline. Its journey reflects the growing demand for housing finance in India and the company’s ability to leverage technology, brand trust, and…
After RBI Approval, Yes Bank Gets a New CEO, Who Will Take Charge from April 6; Learn About Him
Yes Bank has announced a major leadership transition with the appointment of Vinay Muralidhar Tonse as its new Managing Director and Chief Executive Officer (MD & CEO), following approval from the Reserve Bank of India (RBI). Tonse will officially assume charge on April 6, 2026, succeeding Prashant Kumar, who steered the bank through its post-crisis…
B2B Manufacturing Startup Karkhana Acquires Micron EMS, Targets Rs 200 Crore ARR by FY27
In a significant move within India’s manufacturing and electronics ecosystem, Karkhana, a fast-growing B2B manufacturing startup, has announced the acquisition of Micron EMS, an established player in electronics manufacturing services. The acquisition is expected to accelerate Karkhana’s growth trajectory, with the company setting an ambitious target of achieving Rs 200 crore annual recurring revenue (ARR)…
Sensex Crashes 2,494 Points at Open, Nifty Slips Below 23,700: Why Market is Falling
Indian equity markets witnessed a bloodbath at the opening bell today, with the Sensex plunging 2,494 points and the Nifty slipping below 23,700. The crash reflects a combination of global and domestic factors, including geopolitical tensions, surging crude oil prices, foreign capital outflows, and fears of inflationary pressure. Key Reasons Behind the Market Crash Comparative…
Oil Rockets 30% to Above $110/bbl, Biggest Jump Since 2020 as Iran War Rattles Global Supply
Global energy markets were thrown into turmoil as crude oil prices surged by 30%, crossing the $110 per barrel mark. This sharp rise, the largest since 2020, comes amid escalating conflict involving Iran, which has disrupted supply chains and heightened fears of prolonged instability in the Middle East. The Surge in Oil Prices The sudden…
Microsoft Becomes First Company to Say It Is Not ‘Abandoning’ Anthropic; Company Says: Our Lawyers Have Studied That
In a significant development in the artificial intelligence industry, Microsoft has publicly clarified its stance on Anthropic, stating that it is not “abandoning” the AI research company. This announcement comes amid speculation about shifting alliances and partnerships in the rapidly evolving AI ecosystem. Microsoft emphasized that its legal team has thoroughly studied the matter, reinforcing…
