MUMBAI: Tuhin Kanta Pandey, chairman, Sebi on Monday said that independent directors are expected to act responsibly, not make insinuations and keep things vague. The chief markets regulator’s comments came in the context of the recent resignation of Atanu Chakraborty as non-executive chairman of HDFC Bank, the largest private sector lender in the country.The markets…
MUMBAI: Reserve Bank of India turned a net buyer of dollars in Jan, with net purchases of $2.5 billion, marking a sharp reversal from its heavy intervention as a seller in the previous month, according to the RBI Bulletin March 2026.Gross dollar sales declined to $25.5 billion in Jan from $28.4 billion in Dec, while…
The Middle East conflict continues to squeeze global energy supplies as the war drags on, sending ripples of concern across markets worldwide. Against this uncertain backdrop, Saudi Arabia, appears long prepared for a worst-case scenario like this. The kingdom has effectively pressed the “contingency plan” button after the Strait of Hormuz was disrupted following US…
The ongoing crisis in the Middle East continues to rattle financial markets worldwide, sending shockwaves to oil baskets, stock markets and currencies. Rupee is no stranger to the impact! Over the past one year, the currency has continuously slipped to its record lows, first hitting 90 and then eventually beyond the 93 per US dollar…
During the first three months of 2026, Argentina exported 50,000 tonnes of LPG to India. (AI image) LPG crisis: India’s imports of LPG from Argentina have more than doubled in the first few months of 2026 as the ongoing conflict in the Middle East continues to disrupt supplies of liquified petroleum gas for India. India…
With the Middle East conflict now stretching into its fourth week, the impact is rippling across global markets, triggering a fresh wave of selling in cryptocurrencies and pulling Bitcoin below the $70,000 mark. Bitcoin fell to around $68,000 and was hovering near $68,627 after about $243 million in rapid liquidations hit the market, with most…
KOLKATA: Mounting uncertainties over global energy supply amid tensions in West Asia have prompted the Centre to explore fresh measures to manage domestic LPG availability, such as providing lesser volume of the fuel in refilled cylinders and further extending the waiting period for ordering a refill.Currently, each domestic cylinder contains 14.2kg LPG. Sources said the…
The Middle East crisis has triggered a sell-off spree in Asian equities as investor sentiments are dragged down by fears of deepening energy crisis around the world. South Korea suffered the worst fall, tumbling 6% while Hang Seng Index was down over 3%.The South Korean benchmark Kospi slumped over 6% at the open, starting the…
The immediate resistance is seen near Rs 142,000-145,000, which aligns with the middle Bollinger Band and prior support zone. (AI image) Gold price prediction today: Gold is seeing intense selling pressure and this is likely to continue this week amid global tensions, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold…
Rupee began the week on a red note, tumbling to its record low, close to the 94 against US dollar mark. The currency dropped 41 paise to hit a record low of 93.94 against the US dollar, slipping past its previous trough of 93.7350 recorded on Friday. The fall comes as boiling tensions in the…