Business

When India and the United States announced a breakthrough trade agreement this week after months of tense negotiations, tariffs dominated the headlines. But beneath the numbers and celebrations lay another issue that is far more political than commercial – oil — who India buys it from, and who it is expected to buy from in…

Bitcoin slipped below $70,000 on Thursday for the first time since Donald Trump’s election victory in November 2024, as the world’s largest cryptocurrency remained under pressure from a broader pullback in risk assets, AFP reported.The cryptocurrency dropped to as low as $69,821.18 before moving back above the $70,000 level. The decline comes after Bitcoin had…

State-run Life Insurance Corporation of India (LIC) reported a 17% year-on-year rise in consolidated net profit at Rs 12,930 crore for the December quarter, compared with Rs 11,008 crore in the same period last year.The country’s largest life insurer reported net premium income of Rs 1.26 lakh crore in Q3FY26, up 17% from Rs 1.07…

Benchmark indices Sensex and Nifty closed lower on Thursday, breaking a three-session winning streak as weak global market cues weighed on sentiment. After opening on a weak note, the 30-share BSE Sensex extended losses, falling 503.76 points or 0.60 per cent to settle at 83,313.93. During intraday trade, it dropped as much as 666.07 points…

Silver and gold prices saw a sharp reversal on Thursday, snapping a two-day recovery as futures came under heavy selling pressure amid weak global cues and a firm US dollar. On the Multi Commodity Exchange (MCX), silver futures for March delivery plunged by Rs 26,850, or 10%, to settle at Rs 2,42,000 per kilogram. In…

MUMBAI: Most companies reporting their financial results for Q3FY26 are reporting a large one-time provison towards employee benefits attributing it to the new labour code. TOI takes a look at what brought about these changes and how does it affect stakeholders.1. What is the new labour code change that is forcing companies to make one-time…

InterGlobe Aviation shares fell sharply on Thursday after Competition Commission of India (CCI) ordered initiating a detailed investigation into IndiGo over alleged unfair business practices. The stock dropped over 3% during the morning session. On the BSE, shares of the airline’s parent company slid 3.65% to Rs 4,782.45, while on the NSE they declined 3.63%…

Asian markets opened lower on Thursday, after fresh losses in US technology stocks that weakened investor confidence across the region. Overnight losses on Wall Street weighed down sentiment, even as US stock futures showed modest gains. Hong Kong’s HSI was down 1.2% or 340 points to 26,506. In Japan, Nikkei shed 604 points to reach…

Gold price prediction today (AI image) Gold and silver price prediction: Gold and silver prices have resumed their upward momentum after the recent crash, signalling bullish momentum, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his views on gold and silver: MCX Gold Price Outlook: MCX Gold on the…

Rupee opened in green on Thursday, rising 7 paise to reach 90.40 against US dollar. The currency was supported by corporate dollar demand, while investors remained cautious as they awaited fine print of the India-US trade deal.According to markets, the market mood has shifted from optimism to caution, with participants waiting for official confirmation, as…