The Sir Dorabji Tata Trust (SDTT) has begun the process of appointing a successor to N Chandrasekaran as chairman of Tata Sons, a day after he announced that he would not seek another term when his current tenure concludes on February 20, 2027.
The rollout of E20 petrol has sparked dissatisfaction among motorists, with hundreds claiming the fuel has lowered vehicle mileage, increased wear and tear and even prompted at least one legal challenge.
Gold had begun the week on a positive mark, breaking above the trendline resistance while the weekly trend keeps the door open for further gains. The 149,000 mark is the backbone of the bullish setup.
The Indian Rupee weakened seven paise against the US dollar in early trade. Elevated crude oil prices and geopolitical uncertainty impacted investor sentiments significantly. The Strait of Hormuz standoff between the US and Iran added to market fragility. Foreign institutional investors were net sellers in the equity market on Wednesday. Indian stock markets also traded
India plans new petroleum reserves at Bina and Bikaner to boost energy security. Additional storage capacity is also being added at Mangalore for greater supply resilience. The government is also developing reserves at Padur and Chandikhol under its expansion plan. These projects aim to meet global benchmarks for crude oil storage. The nation is exploring
Press groups have filed a lawsuit against Trump Media & Technology Group. They challenge a new service offering paying customers early access to President Trump’s posts. The lawsuit seeks to prevent exclusive release of official government information on the platform. Trump’s firm defends the paid access service, calling the suit an attempt to censor him.
A parliamentary committee is increasingly scrutinizing whether the surge in oil and gas investments actually translates to higher domestic output. With a notable rise in capital expenditure, projections indicate a decline in crude oil production. The committee demands a comprehensive report detailing potential production benefits stemming from reforms, stressing the urgency of establishing clear performance
Top stock market recommendations: Indian Bank, DLF, and Polycab India – Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth Management has picked these three stocks.
