Srinivasan & Vijay Singh to exit Tata Education trust after Mehli votes against both

MUMBAI: Venu Srinivasan, chairman emeritus of TVS Motor, and Vijay Singh, a former bureaucrat, are set to step down as trustees of the Tata Education and Development Trust (TEDT) from May 11, after fellow trustee Mehli Mistry voted against their reappointments.Trust rules require unanimous consent from all trustees for a reappointment. The departures mark the … Read more

Regulators’ worries keep banks, insurers off comex: Sebi chief

File photo: Sebi chief Tuhin Kanta Pandey MUMBAI: Sebi chairman Tuhin Kanta Pandey on Monday said that the regulators for banking and insurance sectors were not willing to allow their regulated entities into commodities derivatives segment due to some concerns.Pandey also said that for Sebi to regulate products that allow physical delivery of commodities like … Read more

Oil price today: Crude touches $113 per barrel after UAE oil storage facility hit

Rising tensions in the Middle East pushed oil prices sharply higher on Tuesday after Iranian-linked attacks and military clashes fueled fears over disruption in the crucial Strait of Hormuz shipping route.Brent crude, the international benchmark, closed at $114.44 a barrel, marking a rise of around 6% on the day, while US benchmark West Texas Intermediate … Read more

US stock markets today (May 4, 2026): Wall Street pauses near record highs, oil jumps on Hormuz tensions

US stock markets traded cautiously near record levels on Monday as rising oil prices and fresh tensions around the Strait of Hormuz kept investors on edge, AP reported.The S&P 500 slipped 0.1 per cent after touching an all-time high, while the Dow Jones Industrial Average fell 216 points, or 0.4 per cent, as of 9:35 … Read more

NCLAT dismisses Vedanta’s plea against Adani’s Jaiprakash bid

A company law appeals court on Monday rejected a challenge by mining billionaire Anil Agarwal’s Vedanta Ltd to the winning bid by Gautam Adani’s group for bankrupt real estate firm Jaiprakash Associates Ltd (JAL), whose assets include India’s only Formula One circuit. The National Company Law Appellate Tribunal (NCLAT) did not find merit in the … Read more

Manufacturing PMI rises up to 54.7 in April, Iran war pushes input costs higher

India’s manufacturing activity showed a mild recovery in April, with growth in new orders and output improving sequentially, though the pace remained among the slowest in nearly four years, PTI reported.The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to 54.7 in April from 53.9 in March, signalling continued expansion but marking the … Read more

Gold price prediction today: Where are gold prices headed? Key levels to watch out for May 4, 2026 week

Looking ahead, markets will closely track global PMI releases and US labor market data for further direction on inflation and policy outlook. (AI image) Gold price prediction today: Gold prices are seeing consolidation, according to Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold prices extended last week’s decline, hovering near one-month … Read more

Stocks to buy: What’s the outlook for Nifty for May 4-May 8 week? Check list of top stock recommendations

Top stocks to buy (AI image) Stock market recommendations: Sudeep Shah, Head – Technical Research and Derivatives at SBI Securities has recommended Yatharth Hospital & Trauma Care Services Ltd, and Gujarat Ambuja Exports Ltd as the top stock recommendations for the week that starts today, May 4, 2026. The expert also shares his outlook for … Read more