India’s digital payments network continued its rapid expansion in May, with Unified Payments Interface (UPI) transactions climbing to their highest-ever monthly levels in both value and volume, latest data from the National Payments Corporation of India (NPCI) showed.During the month, UPI handled 23.2 billion transactions worth Rs 29.90 lakh crore, surpassing the previous month’s figures…
Middle East chaos has kept the crucial Strait of Hormuz squeezed for over three months now, disrupting one of the world’s busiest energy corridors, sending ripples across nations. But amid the chaos, India may have quietly found a Plan B — Oman.India’s free trade agreement with Oman, which comes into effect on June 1, could…
America is digging deeper into its emergency oil reserves as the fallout from the war with Iran continues to squeeze global energy supplies. Since the conflict began, the US Strategic Petroleum Reserve has lost about 50 million barrels, as the Trump administration seeks to offset supply shortages and ease pressure from rising fuel prices. These…
Indian oil refiners are modifying operations to handle a wider range of complex crude grades. (AI image) The Middle East conflict has complicated the refining calculations for Indian refiners – not just in terms of the amount of crude oil that is available, but also for the kind of crude that is available. Indian oil…
Russia on Monday announced a ban on aviation fuel exports until November 30 as it seeks to safeguard domestic supplies amid falling refinery output and growing pressure on its energy infrastructure.Announcing the move, the Russian government said the restriction was aimed at maintaining stability in the domestic fuel market. “The aim of this decision is…
Top stocks to buy (AI image) Stock market recommendations: Nuvama Wealth Management Ltd, and R R Kabel Ltd have been picked as the top stocks to buy in the June 1-June 5, 2026 week by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities:Nuvama Wealth Management LtdNUVAMA has staged an impressive recovery after taking…
Technically, the recent rebound from the ₹157,000–158,000 region helped stabilize prices. (AI image) Gold price prediction today: Momentum in gold prices remains weak, and markets will track the US-Iran developments for cues, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold traded under sustained pressure through the week on the hourly…
Oil prices rose more than 2% in early trading on Monday after Israel ordered additional troop deployments into southern Lebanon, escalating tensions with the Iran-backed Hezbollah group despite a ceasefire announced more than six weeks ago.US crude futures (WTI) climbed by 2.71% to $89.73 a barrel, while Brent crude futures gained 2.37% to $93.28 a…
Top stocks to buy today (AI image) Stock market recommendations: Astra Microwave, and Shaily Engineering Plastics have been recommended by Motilal Oswal Wealth Management Research Desk as the top stocks to buy for the week starting June 1, 2026: Stock Name Rating CMP (Rs) Target (Rs) Upside (%) Astra Microwave Buy 1381 1580 14% Shaily…
UBS has downgraded MCX to neutral but raised the target price to Rs 3,600 from Rs 3,200 earlier. Analysts said that bourse’s peak earnings momentum is likely behind as there’s been elevated volatility across key commodities in recent months. So far in the April-June quarter (Q1FY27) there’s been healthy volumes on the exchange, after normalizing…