Equity benchmark indices Sensex and Nifty50 surged nearly 4% on Wednesday, tracking a sharp rally in global markets and a steep fall in crude oil prices after the US and Iran announced a two-week ceasefire. The rally was also supported by the Reserve Bank of India’s decision to keep the policy repo rate unchanged, broad-based…
The Union Cabinet on Wednesday approved Jaipur Metro Phase-2, a 41-km North–South corridor from Prahladpura to Todi Mod with 36 stations, at a total cost of Rs 13,037.66 crore, according to a government statement.The project will be implemented by Rajasthan Metro Rail Corporation Limited (RMRCL), a 50:50 joint venture of the Centre and the Rajasthan…
The Union Cabinet, on Wednesday approved the proposal of the Department of Fertilisers for fixing the Nutrient Based Subsidy (NBS) rates for the Kharif season 2026 on phosphatic and potassic (P&K) fertilisers, according to an official statement.The subsidy will be applicable for the Kharif season from April 1, 2026 to September 30, 2026. The tentative…
Gold prices on Wednesday showed a mixed trend with futures trading higher while retail rates moved both up and down across cities.Data from the Multi Commodity Exchange (MCX) showed that the June contract rose Rs 3,236, or 2.15%, to Rs 1,53,525 per 10 grams, while the August contract gained Rs 3,498, or 2.29%, to Rs…
The High Court undertook a detailed scrutiny of the financial disclosures made by both parties. (AI image) In a detailed and socially grounded ruling, the Delhi High Court has reiterated that a father cannot evade his obligation to maintain his minor children by understating his income or making selective financial disclosures. The Court stressed that…
Tracking data from LSEG showed that the vessel had earlier moved into Southeast Asian waters. (AI image) Amid the Middle East conflict, India is all set to get its first shipment of Iran crude oil in over seven years. The decision to buy comes as the Donald Trump administration has waived off sanctions on Iran…
Representative image (AI-generated) As the Iran-US ceasefire kicks in, global markets are witnessing a sharp shift across multiple sectors.US President Donald Trump announced a temporary two-week suspension of planned military strikes on Iran, linking the move to Iran’s willingness to reopen the Strait of Hormuz and engage in negotiations.Crude prices, which had surged above $100…
RBI governor Sanjay Malhotra pointed out five ways in which the Indian economy will be impacted by the ongoing conflict. (AI image) The Monetary Policy Committee (MPC), led by Reserve Bank of India (RBI) governor Sanjay Malhotra kept the repo rate unchanged and continued with the neutral stance while flagging risks to GDP growth and…
Top stocks to buy (AI image) Stock market recommendations: Birlasoft, Bajaj Holdings, and Gujarat Ambuja Exports Ltd are the stocks recommended for buying by Mehul Kothari, DVP – Technical Research at Anand Rathi Shares today (April 8, 2026):Birlasoft – Triple Bottom with RSI Divergence SupportBuy: ₹365–₹355 | Stop Loss: ₹315 | Target: ₹470Since April 2025,…
Stock market today (AI image) Stock market today: Buoyed by the two week US-Iran ceasefire, stock markets opened in green on Wednesday, rallying strongly ahead of the RBI monetary policy review. While Nifty50 went above 23,900, BSE Sensex rose over 2,800 points. At 9:56 AM, Nifty50 was trading at 23,932.10, up 808 points or 3.50%….