Business

Business

What’s forced Russia to import 1 million barrels in 2 months from India

Russia’s seaborne gasoline imports climbed to a record level of around 125,000 barrels per day (kbd) in August, which would amount to about 470,000 tonnes for the month. Reports suggest that Indian refiners supplied as much as 1 million barrels of gasoline to Russia over the past two months.

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Business

AI could be the next growth engine for Indian IT from FY27: Anand Rathi

Indian IT firms expect a surge in growth as global investments pivot towards enterprise AI deployment. Starting in fiscal year twenty twenty-seven, this monumental shift from infrastructure development will fuel demand for services in data preparation and system integration. Notably, companies will seek robust cybersecurity measures and AI agent management solutions, significantly widening the market

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Business

No internet needed: PhonePe brings UPI payments to over 200m feature phone users

PhonePe has launched UPI 123Pay, enabling feature phone users to transact digitally. This service extends UPI payment capabilities to over two hundred million Indian feature phone users. The platform allows peer-to-peer and peer-to-merchant payments, and balance checks. It also offers an AI-powered helpline for first-time users in multiple languages. Future updates will introduce utility bill

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Business

Stocks to buy: What’s the outlook for Nifty for August 31-September 4 week? Check list of top stock recommendations

Stock market recommendations: Glenmark Pharmaceuticals, and Ramkrishna Forgings are the top stocks to buy recommended by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities on August 31, 2026.

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Business

Gold price prediction today: Where are gold prices headed? Check outlook for August 31, 2026 week

Gold price prediction today: The medium-term case for investment in gold remains intact, despite recent fall in prices, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.

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Business

Rupee falls 13 paise to 95.56 as crude rises, Fed hike bets strengthen dollar

On Monday, the Indian rupee began its trading session lower versus the US dollar. The decline was influenced by rising crude oil prices and increasing geopolitical tensions. Furthermore, the prospect of a Federal Reserve rate hike has strengthened the dollar. In response, the Reserve Bank of India is taking measures to stabilize the rupee, while

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Business

Top stocks to buy: Stock recommendations for August 31, 2026 week – check list

Stock market recommendations: Titan, and L&T Finance – Motilal Oswal Wealth Management Research Desk has identified these two as the top stocks to buy for the week starting August 31, 2026:

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Business

Oil prices jump over 2% after US-Iran direct conflict re-ignites after a month of pause

Following a U.S. military strike on Iranian launchers in the strategic Strait of Hormuz, oil prices have surged. In retaliation, Iran launched attacks on two U.S. air bases in Jordan. Jordan’s military successfully intercepted eight missiles aimed at its territory early Monday, escalating the ongoing conflict in the Middle East, now entering its sixth month.

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Business

‘Losing $60 billion a year’: Trump slams Canada as ‘worst’ trade ‘abuser’, urges firms to move to US

Donald Trump is escalating trade conflicts with Canada by levying substantial tariffs, which he claims are necessary due to the billions the U.S. allegedly loses from Canadian trade policies. He is urging Canadian firms to move their operations to the U.S. immediately. This action follows stalled trade negotiations, leading both Canada and the U.S. to

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