MUMBAI: A sharp deterioration in consumer sentiment alongside downgraded growth forecasts, rising inflation expectations and a weakening rupee has signalled a broad-based macroeconomic slowdown, according to the Reserve Bank’s May 2026 survey rounds, with both households and professional forecasters turning more cautious over the near-term outlook.Data from the May 2026 rounds of the Urban Consumer…
MUMBAI: The board of the Small Animal Hospital, India’s largest tertiary care veterinary facility and a cherished project of the late Ratan Tata, has been reconstituted following the exit of his close confidant Mehli Mistry, as the internal conflict engulfing Tata Trusts ripples into affiliated institutions.Sanjay Ubale, a former MD of Tata Realty & Infrastructure,…
PTI photo of protests outside CBSE HQ office. NEW DELHI: CBSE has migrated all answer-sheet records and related examination data from infrastructure managed by Hyderabad-based Coempt Eduteck Pvt Ltd to govt-controlled Amazon Web Services (AWS) servers to strengthen data security and restore confidence in its digital evaluation ecosystem, reports Manash Gohain. The move comes amid…
Life Insurance Corporation (LIC) of India NEW DELHI: State-owned Life Insurance Corporation of India (LIC) is engaging with key financial regulators, including RBI and Sebi, to expand the availability of long-term investment instruments as inflows into its annuity products keep on rising, CEO and MD R Doraiswamy said.An annuity product converts an accumulated retirement corpus…
Technically, gold is approaching an important support cluster between ₹153,500 and ₹154,500. (AI image) Gold price prediction today: Gold prices continue to be volatile amid geopolitical developments, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold prices remained under pressure during the week, extending their corrective phase after failing to sustain…
By Dipti DeshpandeThe Reserve Bank of India’s Monetary Policy Committee (MPC) in its June policy review unanimously decided to leave policy rates unchanged and retain a neutral policy stance – an outcome that was largely expected. At 5.25%, the repo rate remains below its decadal average and the levels seen in fiscal 2014 when the…
Bitcoin’s recovery from last week’s lows has crushed the traders who bet against it. Short sellers, who profit when prices fall, lost $504 million over the 24 hours to Monday morning, the most in a single day since late April, according to CoinGlass. Bets on rising prices lost just $151 million by comparison. Total liquidations…
More than 100 days into the Middle East crisis, the Strait of Hormuz remains the world’s biggest shipping question mark. Iran has now signalled that the strategic waterway will reopen, but not quite as before. According to Iran’s ambassador to Moscow, the route will operate under new conditions set by Iranian and Omani authorities, including…
NEW DELHI: The Calcutta high court on Monday refused to grant urgent listing to a petition filed by former West Bengal minister Aroop Biswas seeking the quashing of an FIR lodged against him by Messi GOAT Tour organiser Satadru Datta over allegations of criminal intimidation.The matter was mentioned before a bench of Justice Saugata Bhattacharya…
MUMBAI: Stock markets are expected to open weak on Monday on the back of the massive sell-off on Wall Street on Friday evening. As US stocks, especially the ones linked to the AI ecosystem, faced a huge sell-off, by late evening the Gift Nifty index, a proxy for Indian market for late trades, closed 1.5%…
