Business

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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Business

‘We’ll see more Japanese portfolio flows’

Japanese investors are showing strong confidence in India’s economic growth potential. Political and policy certainty in India is encouraging more Japanese capital to flow. India’s growing economy offers tremendous returns, attracting significant overseas investment. Japanese household money is expected to increase investments in India’s market. This trend signifies a positive shift towards greater financial integration

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Business

FPIs continue to buy: Foreign investors pump over Rs 30,900 crore into Indian equities in August

In August, foreign investors poured Rs 30,919 crore into Indian equity markets, signaling a notable turnaround following earlier withdrawals. Investor confidence strengthened due to rising corporate earnings and a stable rupee. Additionally, diminishing geopolitical worries positively influenced emerging market investments. Nevertheless, ongoing risks related to Middle Eastern tensions and fluctuating oil prices continue to pose

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Business

What will guide Dalal Street this week? GDP data, crude and more in focus

This week promises significant economic developments on Dalal Street with a flurry of data to analyze. India’s Q1 FY27 GDP stats are anticipated on August 31, giving insight into economic growth. The August PMI figures for the manufacturing and services sectors will be closely watched as well. Furthermore, the US non-farm payrolls, released on September

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Business

India’s economy set for 7-7.2% growth in FY27 despite global headwinds: EY

India’s economy is poised for significant growth in FY27, with forecasts suggesting an expansion between 7 and 7.2 percent. This anticipated surge in economic activity will be driven by strong domestic demand and government investment initiatives. Notably, manufacturing is showing an impressive rebound, although inflation poses a considerable threat by affecting wholesale prices. Meanwhile, challenges

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