Business
Top stocks to buy or sell today: Stock recommendations for June 11, 2026 – check list
Top stocks to buy today (AI image) Top stock market recommendations: Bank of India, and Gail (India) Ltd have been recommended as buy calls, whereas Bajaj Auto is a sell recommendation by Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth Management for June 11, 2026. He has also shared his views…
India slashes excise duty on ethanol-blended petrol: Key details
India, world’s third-largest oil importer and consumer, has waived excise duty on blended petrol. The exemption covers E22, E25, E27 and E30 fuel blends, which contain varying proportions of motor spirit and ethanol. As per the finance ministry’s notification, these blends consist of 78%, 75%, 73% and 70% motor spirit mixed with 22%, 25%, 27%…
‘Rajesh Exports will not contest Sebi order’
BENGALURU: Rajesh Exports chairman Rajesh Mehta, who is under Sebi’s scanner over allegations that the company inflated its revenues by Rs 15.2 lakh crore between FY21 and FY25, said he does not intend to challenge the regulator’s interim order and is fully cooperating with the investigation.At 4.2%, US inflation logs biggest gain in 3 yearsAt…
Government may hold off on higher ethanol mandate
NEW DELHI: The government may not immediately mandate a higher level of ethanol blending but leave it to buyers to decide on flex fuel vehicles amid concerns that rushing from E20 to E25 will damage engines of existing vehicles.Most cars and 2-wheelers manufactured between 2012 and March 2023 were designed or certified to be E10-compliant,…
OpenAI joins AI giants, files for US public listing
ChatGPT creator OpenAI became the third major artificial intelligence developer to confidentially file for a public listing Monday, joining rivals in an IPO pipeline now worth some $3.6 trillion.SpaceX, which is officially known as Space Exploration Technologies Corp, is preparing for an IPO that would value the company at about $1.8 trillion. Anthropic raised funds…
How to protect your wealth when rupee is falling
For a retail investor, the impact depends on what they own and why the rupee is weakening in the first place. The rupee is falling and your investment portfolio is bleeding red. India may be a fundamentally strong growth story, but for now your investments may be flashing negative returns. As the impact of the…
Reason crude isn’t crossing $200? How Iran, Gulf states are bypassing Hormuz blockade to transport oil
Oil prices have surged since Iran’s closure of the Strait of Hormuz and the subsequent US naval blockade of Iranian ports, yet crude has stopped well short of the $200-a-barrel levels many analysts once feared. According to maritime intelligence firm TankerTrackers, one key reason is the emergence of alternative shipping networks that are allowing oil…
India Equity Market: Markets dumped India for AI stars. BlackRock says that’s a mistake
India’s equity market has been “over-punished” for lacking a direct artificial intelligence (AI) play and for its exposure to rising oil prices, according to BlackRock, which said record foreign outflows and a tougher macroeconomic environment have not undermined the country’s medium- to long-term investment prospects.Natasha Sarkaria, EMEA investment strategy lead of wealth at BlackRock, was…
Donald Trump Ai: AI windfall for the public? Donald Trump signals shake-up for tech giants
US President Donald Trump on Wednesday said he expects major artificial intelligence companies to agree to “giving back” to the public, suggesting a model that could involve a government stake or public benefit mechanism tied to AI industry gains, as per Reuters.Speaking at the White House Oval Office, Trump said he would soon meet top…
‘Avoid trading this like the plague’: Should you invest in SpaceX IPO?
AI image used for representation purposes Elon Musk’s SpaceX is set to debut on stock market this week. It could become the biggest stock market debut in history, with the company expected to raise nearly $75 billion at a valuation of about $1.77 trillion, as per various analysts.Elon Musk is expected to reserve an unusually…