Rupee slips past 96 against US dollar for first time since May as oil prices soar again

Rupee weakened past the 96-mark against the US dollar for the first time since late May on Tuesday, pressured by surging crude oil prices and heightened geopolitical tensions in West Asia that boosted demand for the safe-haven US currency.The domestic currency depreciated 48 paise to 96.16 against the US dollar in early trade after opening … Read more

Top stocks to buy today: Stock market recommendations for July 14, 2026 – check list

Stock market recommendations: Divi’s Laboratories, Bajaj Finserv, Bharat Forge, and Coforge are the top stocks to buy recommended by Somil Mehta, Head of Retail Research at Mirae Asset Sharekhan for July 14, 2026:Divi’s Laboratories: Buy in the range of Rs 6930-6955; Stop Loss: Rs 6725; Target: Rs 7250On the weekly chart, the stock has given … Read more

Oil prices today: Crude surges to one-month high as US-Iran conflict escalates

Oil prices climbed to their highest level in four weeks on Tuesday after the United States reinstated a naval blockade on Iran and intensified military strikes, while Tehran stepped up retaliatory attacks in and around the Strait of Hormuz, raising fresh concerns over global energy supplies.Brent crude futures rose $1.68, or 2%, to $84.98 a … Read more

Hcltech Ai Investment: HCLTech to up AI game, invest 3,500 crore in data centres of up to 50 MW

BENGALURU: HCLTech on Monday announced plans to invest up to Rs 3,500 crore to establish AI data centres, with the potential to scale to 50 MW of capacity, targeting rising demand from enterprises and govts for sovereign AI infrastructure.“AI has fundamentally changed the economics of computing. For us, the data centre is the foundation for … Read more

Finance minister Niramala Sitharaman tells banks: Devise ways to sustain foreign currency deposits

File photo: Finance minister Nirmala Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman on Monday asked banks to enhance outreach to NRIs and introduce “innovative deposit products” to sustain the momentum of foreign currency deposits.Sitharaman met representatives of public sector banks and public financial institutions along with senior officials from the finance ministry as she reviewed … Read more

India Trade Deficit: India’s trade deficit hits 5-month high as imports surge

NEW DELHI: India’s trade deficit widened to a five-month high of $30.4 billion as imports jumped 31% – the fastest pace of expansion in nearly four years – to $70.8 billion, although exports retained their momentum.Latest data released by the commerce department on Monday estimated that exports rose 15.4% to $40.4 billion, but it was … Read more

Renewable energy boost: Aditya Birla Group to buy Shell-backed Sprng Energy; deal worth $1.8 billion

The final equity payment to Shell will be calculated after taking into account adjustments related to debt, cash and other items outlined in the transaction agreements. (AI image) Aditya Birla Renewables Ltd (ABRen), the renewable energy arm of Grasim Industries, has entered into an agreement to acquire Sprng Energy from Shell Overseas Investment BV in … Read more

Why Dubai’s housing market slowed in 2026; sales fell 16%, prices dipped by 7%

Housing sales and prices in Dubai plunged to Middle East war Dubai’s residential property market slowed down in the first half of 2026 as geopolitical tensions in West Asia weighed on buyer sentiment, with housing sales falling 16 per cent year-on-year, according to real estate consultancy Anarock.Residential transactions totalled AED 225.7 billion during the January-June … Read more