India’s energy sector is closely watching the Strait of Hormuz situation, highlighting a continued reliance on the Middle East for crucial LPG supplies. While alternative sources like the US were tapped during disruptions, they couldn’t fully bridge the gap. Higher LNG prices also impacted demand, with a return to more favorable rates expected to boost
South Korea’s stock market experienced a dramatic plunge, with the KOSPI tumbling nearly 10% after hitting record highs. Investors rushed to sell chip stocks, particularly Samsung Electronics and SK Hynix, amid concerns of excessive speculation and the impact of leveraged investment products. This sharp sell-off follows a strong year for the market, with attention now
Apple, Microsoft, Nvidia and Amazon don’t trade on Indian exchanges, and for investors looking to diversify beyond the rupee and beyond Indian equities, the US market remains the deepest and most liquid in the world.
Around Rs 4.61 lakh crore in investor wealth was wiped as the combined market capitalisation of BSE-listed companies dropped to about Rs 475 lakh crore. BSE Sensex ended around 900 points down, dropped to levels just above 76,200. Nifty50 also dropped below 23,850.
Despite a sluggish stock market and foreign investor sell-offs, Indian retail investors are consistently investing through SIPs, showing remarkable resilience. Monthly SIP inflows surged significantly, becoming the primary demand driver for domestic equities. This sustained participation, fueled by favorable policies and a ‘set-and-forget’ approach, highlights a strong underlying investor confidence in the market’s long-term prospects.
Kunal Shah is an interesting choice, because WhatsApp does not need a leader to teach people how to send a message; it needs one who understands how trust, status, habit, and small transactions mutate inside closed networks, which is, almost exactly, the discipline CRED was built to practise.
India’s LPG imports from the US are set to hit a record 1 million tonnes in June, a significant shift driven by Middle Eastern supply disruptions. Despite higher costs, New Delhi is prioritizing uninterrupted cooking fuel for households. While traditional suppliers are gradually recovering, the US has become a crucial alternative source, highlighting a strategic
SEBI is embarking on a substantial reform of stock market regulations designed to simplify operational procedures and alleviate compliance burdens. This review focuses on consolidating rules, minimizing redundancies, and reallocating responsibilities among market infrastructure institutions. Major proposals encompass the creation of a unified master circular for exchanges, updated technology frameworks, and refined reporting processes, ultimately
Gold price prediction today: A consistent rise in gold prices due to drop in oil prices is being constrained by hawkish outlook from central banks which are signalling a possible rate hike to keep inflationary pressures in check, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.
The US has temporarily lifted sanctions on Iranian oil for 60 days, allowing its production and sale. This move follows Iran’s agreement to permit UN nuclear inspectors and ensure free passage through the Strait of Hormuz. Vice President JD Vance hailed the understanding as a crucial foundation for a future deal, though nuclear talks are
