Oil prices declined on Tuesday, reversing sharp gains from the previous session, as expectations of imminent US-Iran peace talks eased concerns over prolonged supply disruptions from the Middle East.Brent crude futures fell 95 cents, or 1%, to $94.53 per barrel, while US West Texas Intermediate (WTI) crude for May dropped $1.54, or 1.72%, to $88.07….
US equity markets retreated slightly on Monday, trimming some of their recent record-setting gains, even as oil prices moved higher amid renewed tensions between the United States and Iran. The increase in crude prices was more restrained compared to earlier phases of the conflict. The S&P 500 declined 0.2% from its record high, shedding 16.92…
NEW DELHI: India is looking to renegotiate its free trade agreement with South Korea to address the widening trade deficit and make the pact more contemporary, commerce and industry minister Piyush Goyal said on Monday.“All options are on the table… we may even consider rewriting it into a completely new FTA because it should be…
NEW DELHI: India is working to see how it can get preferential access for its products in the US, with a delegation led by chief negotiator Darpan Jain reaching Washington for talks. “We have almost finalised the first tranche of the bilateral trade agreement. We are trying to work out what would be the mechanism…
New Delhi: Geopolitical tensions in West Asia pose risks to India’s trade and macroeconomic stability by widening the current account deficit (CAD), exerting pressure on the exchange rate, Niti Aayog said on Monday.The Aayog in its quarterly ‘Trade Watch Oct-Dec (Q3) FY 2025-26’ report further said that geopolitical instability in West Asia has slowed the…
File photo (Picture credit: AP) Asian markets traded mixed on Tuesday as investors weighed fresh hopes of possible US-Iran peace talks against lingering geopolitical risks and elevated oil prices, while technology shares lent support to key regional indices.Tokyo’s Nikkei 225 rose 1.1 per cent to 59,485.54, driven by strong gains in technology counters. As per…
NEW DELHI: Amidst the conflict in West Asia, output in India’s eight core infrastructure industries contracted 0.4% in March, the first since last Oct, as four of the sectors registered a decline in production during the month, latest official data released Monday showed. Fertiliser output (-24.6%) saw the steepest contraction in March as plants went…
MUMBAI: Public sector insurers led by GIC Re and New India Assurance have anchored the Bharat Maritime Insurance Pool with commitments exceeding the targeted $100 million, while a $1.5 billion sovereign backstop from the govt remains central to its capacity to underwrite large risks. The pool aims to enable sea trade with countries in the…
BENGALURU: High attrition among Gen Z employees is driving a surge in backfilling across India’s global capability centre (GCC) ecosystem, even as overall hiring demand witnesses a sharp rebound.A report by Quess Corp shows Gen Z tenure has dropped below 24 months, with companies facing a 40% replacement hiring rate-meaning nearly two in five roles…
Top stocks to buy (AI image) Stock market recommendations: Grasim, State Bank of India (SBI), and Navin Fluorine International Limited have been picked by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan as the top stock recommendations on April 21, 2026. He shares target and stop loss levels:Grasim: Buy in the range between Rs…