Business

CHENNAI: India’s state-run oil marketing companies are expected to withstand the impact of fresh US sanctions on Russian energy giants Rosneft and Lukoil, as well as the European Union’s ban on refined products derived from Russian crude, according to Fitch Ratings.The rating agency said the measures are unlikely to materially affect refining margins or the…

File photo (Picture credit: AP) Asian markets started the week on a weak note, with investors turning cautious amid fading expectations of a US rate cut and rising concerns over stretched tech valuations. The uncertain mood also spilled over into cryptocurrencies, with bitcoin briefly dipping below its end-2023 level.As per news agency AFP, traders are…

MUMBAI: Blame it on quick commerce that’s made Indians used to getting groceries and a host of other products including make-up, light jewellery items and occasionally even iPhones in 10 minutes, consumers now want their food to get delivered faster unless it’s a gourmet recipe or something they want to have at leisure. They would…

Market experts maintain a positive outlook for Indian equities, supported by declining retail inflation and favourable corporate earnings results. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Monday. While Nifty50 was above 25,900, BSE Sensex crossed 84,600. At 9:16 AM, Nifty50 was trading at…

CLSA has an underperform rating on Jubilant Foodworks with the target price at Rs 477. Analysts said the company missed its sales estimates, which was known. Its earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin was below consensus but slightly improved sequentially, while gross margin improved slightly as it raised prices and packaging charges….

Top stocks to buy (AI image) Stock market recommendations:According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting November 17, 2025) are Ashok Leyland, and Jindal Stainless. Let’s take a look: STOCK NAME CMP (Rs) TP(Rs.) UPSIDE(%) Ashok Leyland 148 165 11% Jindal Stainless 737 870 18% Ashok LeylandAshok Leyland…

Paul Gruenwald, global chief economist at S&P Global Ratings, was in India last week. In an interaction with TOI, he spoke on a range of issues from the state of the US economy, the impact of tariffs on the global economy to India’s strong economic growth. Excerpts: How do you look at global economy, given…

SINGAPORE: Payments giant Visa is looking to launch agentic commerce pilots across the Asia-Pacific region as regulatory and ecosystem readiness advances by early next year. Agentic commerce refers to a new era where AI-powered agents shop and pay on behalf of users. The company’s Visa Intelligent Commerce (VIC) programme incorporates features like tokenisation, authentication, payment…

BENGALURU: Nearly half of Indian enterprises (47%) now have multiple GenAI use cases live, a report by EY-CII report showed. Another 23% are currently in pilot stages, marking a decisive shift from experimentation to scaled execution. The report showed that Indian enterprises are increasingly embedding AI into core business workflows to deliver measurable outcomes. It…

President Donald Trump has said Americans could see $2,000 tariff dividend checks in 2026, but no exact date has been set yet, although he hinted at the timeline.The payments are expected to come from revenue raised through tariffs.Speaking to reporters aboard Air Force One on Friday, Trump said the checks will not arrive in time…