India can save almost $3 billion just by stepping up its crude import game! A recent report by SBI stated that by replacing a portion of Russian supplies with Venezuelan heavy crude and updating its import strategy, India can get several cost advantages. The assessment notes that New Delhi could lock in notable savings by … Read more
NEW DELHI: Union commerce and industry minister Piyush Goyal on Wednesday defended the India-US bilateral trade agreement in the Lok Sabha, saying India had “successfully safeguarded” its sensitive sectors, particularly agriculture and dairy, after nearly a year of negotiations between the two sides. “As the Members of the House are aware, since Prime Minister Narendra … Read more
India’s services sector recorded a strong start to 2025 as the activity climbed to a two-month high in January, thanks to improving demand and firms expanded capacity. The seasonally adjusted HSBC India Services PMI Business Activity Index climbed to 58.5 in January, up from 58.0 in December, reflecting faster growth in output and new business. … Read more
Gold, silver price prediction Gold price predictiontoday: Gold and silver prices are recovering this week, but are expected to see volatility in the coming days, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. He shares his outlook for gold and silver prices in the coming days:Gold was seen recovering … Read more
Rupee opened on a weak note on Wednesday, slipping 22 paise to 90.54 against the US dollar, after recording a strong rally in the previous session.The currency recorded a strong performance on Tuesday, soaring 122 paise, or 1.33%, to settle at 90.27 against the dollar. The spike came after India and the United States announced … Read more
Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today (February 4, 2026) are Indian Oil Corporation, Tata Elxsi, and IFCI. Let’s take a look:IOC – Trendline Breakout with Indicator ConfirmationBuy: ₹165–₹163 | Stop Loss: ₹159 … Read more
PM Modi with US President Donald Trump (File photo) NEW DELHI: A day after announcements by PM Modi and US President Donald Trump that the two sides had reached a trade agreement, the govt asserted that sensitive sectors such as agriculture and dairy have been protected and labour-intensive sectors such as textiles, leather, marine products … Read more
NEW DELHI: The focus has been on shrimps and textiles, but Indian carpets and rugs have seen a bruising year with exports slipping nearly 9% to $735 million between April and Nov. Lowering of tariffs is expected to come as a boost for the highly-labour intensive sector.While overall exports are down 4% to $1.3 billion … Read more
Captain Fresh CEO Utham Gowda Seafood exporter Captain Fresh, which has a revenue of close to $800 million, has exposure of around 65% to the US market and has shifted most of the sourcing to Ecuador to tackle the impact of tariffs. Now, it is not just looking to bring that back to India but … Read more
MUMBAI: Reliance Industries (RIL) has acquired a 50.1% stake in Oscar-winning producer Guneet Monga Kapoor’s Sikhya Entertainment for Rs 150 crore. The acquisition has been routed through Reliance Strategic Business Ventures, a wholly owned subsidiary of RIL. The investment strengthens the content portfolio of Jio Studios, RIL’s media and entertainment arm, which has produced over … Read more