Oil Prices Slide as Crude and Brent Post Over 1% Decline
Global oil markets witnessed a notable correction as both crude and Brent benchmarks fell by…
Oil Prices Slide as Crude and Brent Post Over 1% Decline
Global oil markets witnessed a notable correction as both crude and Brent benchmarks fell by more than 1% in the latest trading session. The decline reflects a combination of easing demand concerns, geopolitical developments, and profit-booking by investors after recent rallies. Analysts suggest that while short-term volatility may persist, the fundamentals of energy demand remain…
Chief Economist Andy Haldane Urges Bank of England to Avoid Interest Rate Hikes
Former Bank of England chief economist Andy Haldane has cautioned policymakers against further interest rate hikes, warning that the UK economy is already under significant strain. Haldane, who now serves as chief executive of the Royal Society of Arts, argued that raising rates could worsen the challenges faced by households and businesses, particularly amid global…
Nifty Metal Index Falls Over 8% in One Month Amid US-Iran War; Analysts Recommend Buy-on-Dips in Metals Stocks
The Nifty Metal index has witnessed a sharp decline of more than 8% over the past month, weighed down by escalating geopolitical tensions between the United States and Iran. Concerns over global demand, supply chain disruptions, and rising energy costs have triggered volatility across the metals sector. Despite the correction, analysts remain optimistic about the…
JK Cement Stock: Can Its 1,188 Hectare Limestone Reserve Help Achieve the 50 MTPA Target?
JK Cement, one of India’s leading cement manufacturers, has announced the acquisition of a massive 1,188-hectare limestone reserve. This strategic move is being viewed as a critical step toward achieving its ambitious target of 50 million tonnes per annum (MTPA) production capacity by 2030. While the reserve strengthens raw material security, questions remain about execution,…
Jefferies Exits HDFC Bank Following Ex-Chairman Atanu Chakraborty’s Resignation, Trims India Weightage
Global brokerage firm Jefferies has exited its position in HDFC Bank after the resignation of former chairman Atanu Chakraborty, signaling a cautious stance toward India’s financial sector. The move, which also involved trimming its overall India weightage, has sparked discussions about investor confidence, governance concerns, and the broader outlook for Indian equities. Background of the…
L&T Bags Order Worth up to ₹2,500 Crore but Stock Falls on West Asia Worries
Engineering giant Larsen & Toubro (L&T) has secured a major order valued at up to ₹2,500 crore, reinforcing its position as one of India’s leading infrastructure and technology companies. However, despite the positive announcement, L&T’s stock witnessed a decline, largely attributed to investor concerns over escalating tensions in West Asia. Background of the Order The…
JSW Steel Arm Completes $74.24 Million Acquisition of 92% Stake in Minas de Revuboe
JSW Steel, one of India’s largest steel producers, has announced that its subsidiary has successfully completed the acquisition of a 92% stake in Minas de Revuboe (MdR), a coal mining company based in Mozambique, for $74.24 million. This strategic move strengthens JSW Steel’s raw material security and enhances its global footprint in the metallurgical coal…
ICICI Bank Revises India’s FY27 GDP Growth Forecast to 6.9%
ICICI Bank has revised India’s GDP growth forecast for FY27 to 6.9%, reflecting optimism about the country’s economic trajectory while acknowledging global and domestic challenges. This updated projection highlights India’s resilience amid global uncertainties, inflationary pressures, and evolving trade dynamics. Why the Revision Matters GDP forecasts are critical for policymakers, investors, and businesses. ICICI Bank’s…
Govt Directs RBI to Maintain Retail Inflation at 4% Till March 2031
The Government of India has formally asked the Reserve Bank of India (RBI) to maintain retail inflation at 4% with a tolerance band of ±2% until March 2031. This long-term directive underscores the country’s commitment to price stability, economic resilience, and sustainable growth. By extending the inflation target for five more years, policymakers aim to…
Global Energy Shock Not Just India’s Problem: Neelkanth Mishra Warns 4% Supply Hit Could Drag World GDP
The global economy is entering a precarious phase where energy shocks are no longer confined to one region or country. Neelkanth Mishra, a prominent economist and policymaker, has warned that a 4% disruption in global energy supply could drag down world GDP significantly, underscoring that this is not just India’s problem but a challenge for…
