Growth, not gloom: Morgan Stanley keeps bullish stance on Indian equities

Morgan Stanley has a bullish outlook on equities India’s recent market cool-off may be a temporary phase rather than a reset. According to Morgan Stanley, stronger economic growth could help the country regain lost valuation ground and reinforce the investment case for Indian equities. The brokerage added that the relative de-rating has been driven largely … Read more

Crude comeback: IOCL, HPCL buy 7 million barrels of energy supplies

India’s state-owned oil refining giants stepped up crude purchases last week, securing millions of barrels through separate tenders. According to sources cited by Reuters, Indian Oil Corp (IOC) and Hindustan Petroleum Corp (HPCL) together bought around 7 million barrels of crude, with the cargoes scheduled for delivery over the coming months.IOC accounted for 5 million … Read more

ITR filing FY 2025-26: Top 10 mistakes taxpayers should avoid for income tax returns online filing – checklist

Selecting an incorrect ITR form can result in the return being treated as defective. (AI image) ITR filing: Which is the correct tax return form for you? ITR-1 to ITR-7 eligibility explainedITR filing FY 2025-26: Filing your income tax return can seem to be a daunting task. This annual exercise should be completed with extreme … Read more

Nuclear power push: India eyes uranium supply pact with Australia during PM Modi’s visit

During the visit, Modi is also scheduled to attend the India-Australia CEOs Forum. (ANI photo) Nuclear power push: Prime Minister Narendra Modi’s visit to Australia this week may see a key uranium supply agreement being signed. It’s one of the key expected outcomes of PM Modi’s visit to Australia this week, as India seeks to … Read more

Gold price prediction today: Will gold prices see limited upside? Key levels to watch out for July 6, 2026 week

Upside in bullion may remain limited as inflation continues to stay above the Federal Reserve’s 2% target. (AI image) Gold price prediction today: Gold prices are likely to see a limited upside because of high inflation in the US, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold inched higher in … Read more

Rupee slips 10 paise as stronger dollar and geopolitical jitters outweigh positive cues

Rupee began the week on a weaker note, slipping 10 paise to 95.28 against the US dollar in early trade. The decline came as a stronger US dollar overseas and uncertainty over global developments kept market sentiment under pressure.Rupee opened at 95.25 against the US dollar in the interbank foreign exchange market on Monday before … Read more

Bank holiday today: Where are banks shut on July 6? Check state-wise list

AI generated image, used only for representational purpose Planning a bank visit? You might need to reschedule as banks across some parts of the country will remain closed on Monday. Knowing bank holidays in advance can help you to avoid an unnecessary trip, especially if you have time-sensitive branch work such as submitting documents, processing … Read more

Oil price today: Crude slips after OPEC+ announces raising output targets from August

Oil prices edged lower early on Monday after OPEC+ agreed to raise production targets again from August, while improving exports from the Gulf and higher Russian shipments fuelled expectations of increased global crude supplies.While Brent crude slipped 0.58% to $71.70 a barrel, WTI crude was down 0.36% at $68.44 a barrel around 7:30 am IST. … Read more

China’s Z.ai a challenger to OpenAI and Anthropic

NEW DELHI: Chinese artificial intelligence startup Z.ai is emerging as a fresh challenger to OpenAI and Anthropic after its latest flagship model GLM-5.2 gained traction among developers for delivering advanced coding and AI agent capabilities at a significantly lower cost.The Beijing-based company’s latest model has climbed developer rankings and drawn praise from prominent AI figures, … Read more