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He also reaffirmed his administration's commitment to the state's growth, stating that the new team will work with ‘full dedication’ to build a ‘stronger, more developed, and prosperous Assam.’
These appointments reflect the brazen collusion and connivance between the ECI and the BJP. There is no longer even an attempt to keep the collusion discrete or concealed, Congress said.
Middle East conflict fears are keeping the U.S. dollar steady as oil prices climb. Investors worry about renewed hostilities and their impact on inflation, potentially delaying interest rate cuts. While diplomatic efforts show little progress, markets remain cautious, awaiting key U.S. inflation data and President Trump's China visit.
Gold prices climbed as investors awaited crucial meetings between U.S. President Trump and Chinese President Xi Jinping, while also monitoring the fragile ceasefire negotiations with Iran. Market participants are also anticipating U.S. CPI data to gauge the Federal Reserve's future interest rate decisions.
Domestic LPG cylinder prices have remained unchanged across India even as the ongoing West Asia conflict continues to disrupt global energy markets. However, commercial LPG cylinder prices continue to remain above ₹3,000 in several cities, adding pressure on hotels, restaurants and small businesses.
Weather today: The IMD has issued an orange alert for Jammu and Kashmir, Himachal Pradesh, Uttarakhand, and Bihar, predicting thunderstorm and hail on 12 May. Rajasthan and Gujarat remain under heatwave alerts.
Indian equities saw a nearly 1.5% decline on Monday, mirroring weak global sentiment following the US-Iran peace talks failure. Analysts anticipate continued caution due to escalating geopolitical tensions, with stock and sector-specific movements expected alongside the Q4FY26 earnings season's final phase. The India VIX surged, indicating increased market nervousness.
Asian stocks advanced, buoyed by continued optimism in the AI sector, even as US-Iran peace talks faltered. Oil prices climbed, with West Texas Intermediate holding above $98 a barrel. Higher oil prices contributed to rising Treasury yields, as investors priced out Fed rate cuts this year.
Iran-US Stalemate LIVE: Catch LIVE updates as Iran and the US are back at rejecting peace proposals, triggering massive market movements and uncertainty for future
Oil prices edged up in early Asian trade as fragile U.S.-Iran negotiations highlighted supply concerns, with Tehran's response revealing significant differences. Disruptions through the Strait of Hormuz and OPEC's reduced output further fueled price stability above $100, while U.S. SPR loans and sanctions on Iranian oil shipments aimed to temper the market.
Markets experienced a sharp risk-off session on Monday, with indices declining amid broad selling. Investors are advised to avoid aggressive index bets and await clearer directional signals. Pharma and healthcare stocks remain preferred, while dips in energy and metal sectors offer accumulation opportunities.
The rupee hit a new closing low and equities slumped as oil prices surged past $100 a barrel. This was driven by Donald Trump's rejection of Iran's peace plan and PM Modi's call for austerity to conserve foreign exchange reserves and curb fuel consumption amid ongoing Gulf war concerns.
REIT and InvIT issuances are attracting significant investor interest, outperforming traditional IPOs amid equity market volatility. These trusts offer stable, annuity-like income from operational assets, providing predictable cash flows and attractive returns, making them a preferred choice for investors seeking resilience and steady income.
Gold jewellery stocks plummeted after Prime Minister Modi urged citizens to avoid gold purchases for a year to conserve foreign exchange. While this impacted investor sentiment and the near-term outlook, analysts believe underlying consumption trends, especially for weddings and organized players, remain strong for the long term.
BofA Securities India has settled a case with Sebi for alleged insider trading violations by paying ₹58.5 lakh. The market regulator had issued a show cause notice last year, alleging the merchant banker failed to maintain a structural digital database (SDD) as required by insider trading norms. This settlement resolves the adjudication proceedings initiated by Sebi.
President Trump is bringing over a dozen top American CEOs to Beijing, including Elon Musk, Tim Cook and Larry Fink, for a high-stakes summit with China's Xi Jinping covering trade, AI and geopolitical tensions. See the full list.
Canara Bank's net profit saw a 10% dip to ₹4,506 crore in the March quarter, primarily due to treasury losses triggered by rising sovereign bond yields. Despite this, the bank's asset quality improved, and its full fiscal year net profit increased by 12.7% to ₹19,187 crore.
The former FBI profiler revealed that the evidence shows the suspect showed panic and inexperience during the incident as he described him as someone who just barged through the crime rather than executing it carefully.
Sebi has proposed allowing depositories to use up to 5% of their investor protection fund (IPF) income for administrative and statutory expenses. This move aims to align IPF trust operations with existing stock exchange frameworks. The IPF corpus for NSDL and CDSL stood at ₹87.78 crore and ₹95.18 crore respectively as of March 31, 2026.
Leading investors like Peak XV Partners and Sequoia are set to sell a portion of their stakes in digital brokerage Groww through a ₹4,750-crore block deal. This stake sale, involving nearly 4.3% of the company's equity, follows the expiry of Groww's six-month post-IPO shareholder lock-in period.
