Equity benchmark indices Sensex and Nifty tumbled in early trade on Monday amid heightened tensions in the Middle East after the US bombed three major nuclear sites in Iran. Photograph: Francis Mascarenhas/Reuters The 30-share BSE Sensex tumbled 705.65 points to
US strikes on Iran’s three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz – one of the world’s most critical chokepoints, through which a fifth of global oil and gas supply
Geopolitical tensions, including wars in the Middle East, have impacted the Indian workplace with 63 per cent of respondents confirming that their companies are either freezing hiring or downsizing teams, claims a report. Over 63 per cent of respondents said
The domestic stock market will continue to monitor the Israel-Iran conflict and its impact on global supplies besides prices of crude oil this week, analysts said. Global trends and trading activity of foreign investors would also drive investors’ sentiment during
India has ramped up purchases of Russian oil in June, importing more than the combined volumes from Middle Eastern suppliers such as Saudi Arabia and Iraq, amid market volatility triggered by Israel’s dramatic attack on Iran. IMAGE: Missiles launched from
Veteran banker and former chairman of HDFC Ltd Deepak Parekh has said that ICICI Bank had made an offer to take over mortgage lender HDFC Ltd but it was declined. Photograph: Shailesh Andrade/Reuters HDFC Ltd, the parent entity of HDFC
Tata Motors is hoping to beat its target year of 2030 and have 30 per cent of its portfolio comprising electric vehicles (EVs), according to Chairman N Chandrasekaran, who was speaking at the company’s last annual general meeting (AGM) ahead
‘We are focusing more on loan against property and used commercial vehicle financing, so the risk does not change significantly, but the yield is higher.’ Illustration: Uttam Ghosh/Rediff Federal Bank has to enter the league of big private-sector lenders in
NB-IoT provides cellular-based connectivity with wide coverage and low power consumption, making it ideal for large-scale smart metering deployments. Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Gerd Altmann/Pixabay.com Narrowband Internet of Things
The commerce ministry on Friday held consultations with key stakeholders, including shipping lines, exporters, container firms, and other departments, to assess the impact of the Iran-Israel conflict on India’s overseas trade, an official said. Photograph: Amit Dave/Reuters The meeting was
