Business
Rupee rallies strongly after RBI announces new measures to attract foreign investors amid Middle East conflict
As widely anticipated, the Reserve Bank left interest rates unchanged for a second consecutive policy meeting. Giving a major boost to the rupee, Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday announced several steps to attract foreign capital at a time when the US-Iran conflict is putting pressure on India’s external sector resilience.The…
Gold price prediction: What’s the outlook for gold prices on June 5, 2026 & what should investors do?
Gold’s intraday technical structure remains weak following a decisive breakdown below key support levels. (AI image) Gold price prediction today: Gold prices seem to be exhibiting weak intraday bias, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He recommends a sell on rise strategy.Gold August futures on MCX are trading near…
Stock Market Live Updates Today: BSE Sensex, Nifty50 stay in green after RBI keeps repo rate unchanged at 5.25%
“Indian equity markets are expected to open on a flat to mildly positive note, with Gift Nifty trading around 23,550, up by 12 points, indicating steady opening cues for domestic indices. Global sentiment remains mixed as investors assess recent economic data and trade-related developments, while stability in crude oil prices and easing geopolitical concerns continue…
Top stocks to buy today: Stock recommendations for June 5, 2026 – check list
Top stocks to buy today (AI image) Stock market recommendations: Power Finance Corporation (PFC), and Aequs have been recommended as the top stocks to buy today, June 5, 2026 by Bajaj Broking Research.Power Finance Corporation (PFC)Buy in the range of ₹ 418-428 Target Return Stoploss Time Period ₹ 469 11% 398 1 Months The stock…
Oil prices today: Crude falls as Hezbollah rejects US-backed ceasefire, traders assess conflict risks
Oil prices fell slightly on Friday as hopes for a ceasefire in the Middle East faded following Hezbollah’s rejection of a US-backed proposal in Lebanon.Brent crude slipped 0.22% to $95.24 a barrel, while US West Texas Intermediate (WTI) crude fell 0.11% to $92.94 a barrel in early trade.Despite Friday’s decline, both benchmark contracts were on…
Gold, Silver Rate Today Live Updates: Gold prices set for weekly fall as crude oil prices remain elevated, US-Iran conflict uncertainty continues
Gold prices staged a recovery in the national capital on Thursday, climbing back above the Rs 1.6 lakh mark per 10 grams as lower crude oil prices provided support amid continuing uncertainty surrounding developments in West Asia. According to the All India Sarafa Association, gold of 99.9% purity advanced by Rs 700 to Rs 1,60,300…
Mehta contests Sebi order on Rs 15L cr inflated revenue
BENGALURU/MUMBAI: A day after markets regulator Sebi banned Rajesh Mehta, the chief of Bengaluru-based gold refiner Rajesh Exports, for inflating the company’s revenues over several years to induce investors to invest in the stock, the company said there was communication gap with Sebi that led to the regulatory decision. Mehta also stood by the company’s…
Don’t sell yourself short: Citi CEO Fraser to India
MUMBAI: Citi’s global CEO Jane Fraser has said that India should not “sell itself short” by focusing disproportionately on short term challenges. It should rather focus on execution and stay confident about its long-term story.Speaking at the Citi India conference, Fraser said that while near-term headwinds persist, the structural case for India remains compelling and…
‘Look at India as a base and not just a market’: Piyush Goyal
MUMBAI: Union commerce minister Piyush Goyal has called upon Indian industry and MNCs to move beyond seeing the country as a market. He urged them to create bases for manufacturing, design & innovation, and use India for global supply chains and exports. He sought their engagement with India as a co-creator of value and not…
Gleaming rise and sudden retreat: How Rajesh Mehta landed in Sebi crosshairs
BENGALURU: Many in Karnataka know Rajesh Mehta for his Shubh, Laabh, and Oyzterbay jewellery stores. The three brands for a while looked like they could together take on the might, and replicate the success of the other Bengaluru-headquartered national biggie-Tanishq.But that was not to be. As Mehta struggled with Sebi investigations in the past few…