The prospect of restored Strait of Hormuz shipping has global energy markets breathing easier driving down fuel costs that had spiked since the February conflict began.
Category: Business
India’s BSE Sensex Gains as Easing US-Iran Tensions Support Investor Sentiment and Reduce Crude Prices
Indian equities rose as diplomatic progress on the Iran crisis reduced oil price risks with IndiGo Mahindra and Maruti leading the rally in early-week trading.
IndiGo Mahindra and Maruti Suzuki Among Top Gainers on BSE as Market Rebounds From Mid-Week Dip
India’s aviation and automobile sectors led the stock market recovery as falling crude oil prices and improved sentiment around global geopolitics boosted demand.
Kotak Mahindra Bank Shares Under Pressure as CEO Ashok Vaswani Confirms He Won’t Seek Reappointment
The announcement that Kotak’s CEO will step down after December 2026 raised questions about succession and strategic direction at one of India’s top private lenders.
HCLTech Completes 10.46% Stake Purchase in Indian AI Startup Sarvam AI in Strategic Investment
HCL Technologies has taken a significant minority stake in Sarvam AI a leading Indian large language model startup positioning itself in the domestic AI race.
Torrent Power Finalizes Acquisition of Nabha Power in Move That Consolidates India’s Private Power Sector
Torrent Power’s purchase of Nabha Power adds significant generation capacity and signals continued consolidation among India’s private electricity generation companies.
Goldman Sachs Forecasts India GDP Growth at 6.9% for 2026 Boosted by US-India Trade Deal
India’s economy is expected to outperform consensus estimates as the new US-India trade agreement reduces uncertainty and private investment gradually recovers.
RBI Allows Banks to Offer Loans Against Foreign Currency Deposits — New Lending Instrument
The Reserve Bank of India’s new directive enables commercial banks to extend credit using foreign currency deposits as collateral expanding liquidity options.
India’s Manufacturing PMI Holds Above 53.9 — Indicating Continued Expansion in the Sector
India’s seasonally adjusted HSBC Manufacturing Purchasing Managers’ Index remains comfortably in expansion territory supported by strong order books and output.
Titan Company Revenues Climb to Over ₹75,000 Crore in FY26 as Jewelry and Global Expansion Drive Growth
The Tata-owned conglomerate added ₹25,000 crore in revenue in FY26 expanding beyond watches and jewelry into fragrances eyewear handbags and international markets.