Business

Crude oil prices showed slight relaxation on Wednesday as tensions continue to boil in the Middle East. Brent crude climbed 3.2% to $103.42 a barrel before slipping $1.15, or 1.11%, to $102.27 a barrel, by 0108 GMT. US West Texas Intermediate crude fell $1.54, or 1.6%, to $94.67. The gains initially marked oil’s second-highest close…

Kotak Institutional Equities reinstated its add rating on Aster DM with the target price at Rs 725. Analysts expect Aster DM, after its imminent merger with Quality Care (QCIL), to report robust numbers over FY26-FY28. Besides synergies, there are multiple other levers such as higher oncology mix, improved payor mix etc. to drive margin expansion….

“The tea is 15 rupees,” said the tea stall vendor outside Noida Sector 16A metro station, apologetically handing over a cup of tea that had suddenly become more expensive.When asked why the price had increased, the vendor offered a brief explanation with tired eyes, the “cylinder has gone very costly.” Even the samosas and pakoras…

US stock markets traded higher in early deals on Tuesday even as crude oil prices resumed their upward movement, signalling a more stable investor response after sharp volatility linked to the ongoing war with Iran.The S&P 500 rose 0.7 per cent in early trading, coming off its strongest session since the conflict began. The Dow…

NEW DELHI: Leela Palaces, Hotels and Resorts Tuesday announced the acquisition of an ultra-luxury resort in Coorg. marking the brand’s entry into immersive, nature-led and wellness anchored hospitality. The 71 all-villa property, set within 76 acres of lush landscape near Madikeri, will open as The Leela Coorg Forest Sanctuary later this year.With the addition of…

10% of India’s non-energy imports in 2024 originated from the Middle East region. (AI image) The Middle East conflict has brought into focus the vulnerability of countries around the world in terms of their dependency on oil and gas. India, the world’s fifth largest economy, is also the third largest importer of oil. A big…

Xi Jinping and Donald Trump (File photo) US President Donald Trump’s request to postpone his planned summit in Beijing with Chinese leader Xi Jinping has cast a shadow over bilateral engagement that had remained stable since their last meeting in October, though analysts believe the delay is unlikely to trigger a major rupture in ties,…

UAE Labour Law: Can Employers Withhold Salary for Stranded Employees Amidst Iran vs US-Israel War? As geopolitical tensions in the Middle East and Iran vs US-Israel war disrupt travel and leave thousands of expatriates unable to return to the UAE, a pressing question is surfacing across workplaces and WhatsApp groups alike: Can your employer legally…

The Reserve Bank of India (RBI) on Tuesday injected Rs 48,014 crore in transient liquidity into the banking system through a seven-day variable rate repo (VRR) auction, even as surplus liquidity conditions narrowed sharply due to advance tax outflows, reported PTI.The funds were infused at a cut-off rate and weighted average rate of 5.26 per…

India’s mutual fund industry assets under management (AUM) rose to Rs 82.03 lakh crore in February 2026, registering a 27.1 per cent increase from Rs 64.53 lakh crore a year earlier, according to data released by Franklin Templeton report.The growth was driven largely by sustained inflows into equity-oriented schemes and continued expansion in systematic investment…