US-Iran war impact: Wholesale inflation rises sharply to 9.68% in May; higher fuel, food, power prices weigh

Wholesale inflation accelerated as higher prices of fuel, power, manufactured goods and food items pushed up input costs across the economy. (AI image) US-Iran war impact: Reflecting the impact of the US-Iran conflict, the Wholesale Price Index (WPI) inflation for the month of May rose sharply to 9.68% from 8.26% in April. This is the … Read more

Stocks to buy: What’s the outlook for Nifty for June 15-June 19 week? Check list of top stock recommendations

Top stocks to buy today (AI image) Stock market recommendations: Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities has picked Karnataka Bank, Avalon Technologies as the stocks to buy in the June 15-June 19, 2026 week. Outlook on Nifty50 and Bank Nifty has also been shared:Karnataka Bank Karnataka Bank has displayed impressive resilience … Read more

US-Iran peace deal lifts markets: Asian stocks soar, dollar slides to June 5 low, oil tumbles & gold jumps 2%

Global markets rallied on Monday after the United States and Iran announced a framework agreement to end their conflict, raising hopes of lower energy prices, easing inflation pressures and reduced risks to the global economy.Asian equities surged, the US dollar fell to its weakest level since June 5, and oil prices tumbled more than 4% … Read more

Top stocks to buy: Stock recommendations for June 15, 2026 week – check list

Top stocks to buy today (AI image) Stock market recommendations: Privi Speciality Chemicals, and Cummins India have been selected as the top stocks to buy for the week starting June 15, 2026 by Motilal Oswal Wealth Management Research Desk: Stock Name CMP (Rs) Target (Rs) Upside (%) Privi Speciality Chemicals 3454 3900 13% Cummins India … Read more

Gold, Silver Rate Today Live Updates: International gold, silver prices surge on US-Iran peace deal signing hopes

Gold prices advanced 2% on Monday after officials from the United States and Iran announced that they had reached an initial understanding aimed at ending hostilities between the two countries. The development triggered a decline in oil prices and reduced concerns about persistent inflation and elevated interest rates. Spot gold rose 2% to $4,304.11 an … Read more

KKR: Leveraged deals from 2021, treasuries to feel pressure

MUMBAI: Global investment firm KKR has said that central banks globally will start tightening this year and it has expressed caution on long-duration govt bonds, over-levered 2021 vintage deals, lower-income consumer exposure, and assets dependent on a return to the old regime of low inflation, low rates, and abundant liquidity.In its mid-year outlook report ‘The … Read more

Currentvaluations of AI stocks a bubble: CEA

NEW DELHI: Chief economic advisor (CEA) V Anantha Nageswaran has described the current valuations of AI-related companies as a “bubble”, saying fears about AI-driven job losses may be exaggerated amid intense investor enthusiasm around the technology.Nageswaran said, “The stock market, AI-related stocks and AI-related valuations are definitely a bubble. There is no question about it.” … Read more

India seeks French investment in manufacturing; Piyush Goyal pitches scale and talent

Commerce and Industry minister Piyush Goyal on Sunday invited French companies to invest in India’s manufacturing sector, pitching the country as a trusted partner offering scale, talent and innovation opportunities.Speaking at the ‘Bharat Innovates’ event in Nice in the presence of Prime Minister Narendra Modi and French President Emmanuel Macron, Goyal said India can provide … Read more

India restricts deployment of seafarers to conflict zones, Shipping authority issues fresh advisory

Days after three Indian seafarers onboard MT Settebello were killed following a US military strike off the Oman coast, the Directorate General of Shipping (DGS) has advised maritime recruitment and placement agencies to restrict the deployment of Indian seafarers to conflict areas until further orders.In a circular, the shipping regulator also directed vessels operating in … Read more