MCX Gold is holding within a consolidation phase, maintaining its sideways to bullish bias on the weekly chart. (AI image) Gold and silver price prediction today: The base trendline for MCX Gold, and MCX Silver remains bullish according to Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook MCX…
NEW DELHI: LPG sales in May declined by over 19% year-on-year, while petrol and diesel consumption grew 2.8% and 1%, respectively, govt data has revealed.Consumption of aviation fuel registered year-on-year decline of 0.8% in the month.Provisional data from Petroleum Planning and Analysis Cell showed that LPG sales fell to 2.1 million tonnes (MT) in May…
Markets are likely to remain volatile in the near term amid escalating tensions in West Asia, which continue to keep crude oil prices elevated and triggering persistent Foreign Institutional Investor outflows. Investor sentiment is expected to remain cautious as the lack of meaningful progress in the ongoing US-Iran negotiations continues to fuel concerns over global…
At present, foreign investors are required to pay a 12.5% long-term capital gains tax on listed equities and bonds held for more than a year. (AI image) In a bid to stem foreign capital outflow amid the Middle East crisis, the government is looking to do away with capital gains tax on foreign portfolio investors’…
Top stocks to buy today (AI image) Top stock market recommendations: Cyient, Timken India, and Bosch have been shortlisted as the top stocks to buy by Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group for June 4, 2026. The expert has also shared his outlook for Nifty, and Bank Nifty:Cyient…
MUMBAI: Fresh flare ups in the Persian Gulf region on Wednesday pushed up crude prices to near the $100 per barrel level and sank the rupee by around 50 paise in intra-day trades. These factors combined to pull the sensex down by over 1,100 points by mid-session, before some buying emerged at lower levels. At…
NEW DELHI: Indian exporters are keeping close tabs on the US Trade Representative’s investigations and the talks for a bilateral trade deal, which they expect will put them at an advantage compared to some of their rivals from other countries.While they are not too worried with the latest proposal to impose 12.5% tariffs on 54…
NEW DELHI: In a bid to ensure airfares don’t get completely out of reach for the common citizen and airlines don’t collapse, govt on Wednesday decided to set aside Rs 10,000 crore to cap aviation turbine fuel (ATF) or jet fuel prices and prevent them from sharp surges. This one-time budgetary support will be given…
MUMBAI: Interest in India remains undiminished despite near-term volatility, according to Vikram Sahu, India CEO and country executive at Bank of America.“Corporate interest remains strong and unchanged in its conviction,” Sahu said, adding that strategic investors continue to take a long-term view of India, drawn by its scale, growth prospects and governance framework.Investor sentiment is…
MUMBAI: The RBI rejected all bids for 182-day and 364-day treasury bills while accepting only 91-day bills at auction on Wednesday, signalling its discomfort with rising short-term yields ahead of the monetary policy decision due Friday.The RBI sold 91-day treasury bills at a yield of 5.56%. The central bank typically rejects bids when it finds…