By Dipti DeshpandeThe Reserve Bank of India’s Monetary Policy Committee (MPC) in its June policy review unanimously decided to leave policy rates unchanged and retain a neutral policy stance – an outcome that was largely expected. At 5.25%, the repo rate remains below its decadal average and the levels seen in fiscal 2014 when the…
Morgan Stanley maintained its overweight rating on Titan with the target price at Rs 5,182. Analysts projected a 19% annual jewellery revenue growth for Titan through FY30. The company is aiming to increase market share from 8.5% to 11%. Its gold exchange programs now drive about 50% of the revenue, and despite stricter import documentation,…
Rupee began the week on a negative note, with market sentiment weighed down by a stronger dollar, rising crude oil prices and escalating geopolitical tensions. On Monday, the domestic currency opened at 95.35 against the US dollar in the interbank foreign exchange market, slipping 17 paise from its previous close of 95.18.The decline comes after…
Geopolitical tensions in West Asia intensified further as military activity between Israel and Iran continued. (AI image) Stock market crash today: Nifty50 and BSE Sensex crashed in opening trade on Monday, with benchmark indices extending losses as weak global cues, relentless foreign investor selling and rising geopolitical concerns dented market sentiment.The broad sell-off erased more…
Top stocks to buy today (AI image) Stock market recommendations: Shriram Finance, Cummins India are the top stocks that Motilal Oswal Wealth Management Research Desk has recommended for the week starting June 8, 2026. The brokerage has also shared target levels and possible upside. Stock Name CMP (Rs) Target (Rs) Upside (%) Shriram Finance 923…
Gold prices continued to weaken on Monday, extending the decline seen in the previous session as investors grappled with growing expectations of higher US interest rates. At the same time, escalating tensions in the Gulf region pushed crude oil prices higher, adding to concerns that inflationary pressures could remain elevated. By 0124 GMT, spot gold…
The global airline industry is set for a sharp downturn in profitability in 2026, with earnings almost halved compared to earlier forecasts, as the ongoing Middle East conflict pushes up fuel prices, disrupts key flight routes and strains airline operations worldwide.The International Air Transport Association said on Sunday that it now expects the industry to…
Billionaire industrialist Gautam Adani has regained the title of Asia’s richest person after a sharp increase in his net worth, driven by gains across listed Adani Group companies, ANI reported citing to Forbes report.Forbes reported that “Gautam Adani’s fortune increased by roughly $2.5 billion on Friday as shares rallied across his Adani Group subsidiaries,” helping…
Indian benchmark indices ended a volatile session marginally lower on Friday as investors digested the Reserve Bank of India’s monetary policy decision and continued foreign institutional investor (FII) selling, while keeping a close watch on global developments, according to an ET report.The RBI kept the repo rate unchanged at 5.25% and maintained its neutral policy…
Global production of Sustainable Aviation Fuel (SAF) is expected to reach around 2.4 million tonnes in 2026, accounting for just 0.8% of total aviation fuel consumption, highlighting the scale of the challenge facing the airline industry’s net-zero ambitions, according to the International Air Transport Association (IATA).IATA estimates that airlines will spend about $4.3 billion on…