Business

Iranian currency sinks to record low as US works on new sanctions Iran’s rial hit rock bottom on Monday, falling to a record low as Washington prepared what it called an “economic D-Day”. The fresh sanctions are set to pile more pressure on an economy already battered by existing restrictions and a US naval blockade.The…

India has generally relied on long-term LNG contracts with Qatar, the world’s second largest supplier of the fuel. Middle East war impact: The ongoing marine traffic disruptions in the Strait of Hormuz due to the US-Iran conflict are forcing India’s energy majors to purchase liquified natural gas or LNG at some of the highest prices…

Piyush Goyal is heading a business delegation of more than 200 representatives in Japan. Continuing with its push for free trade agreements (FTAs), India is currently negotiating with at least 8-9 additional groups of countries and individual nations. This together represents another $15 trillion in GDP, Commerce and Industry Minister Piyush Goyal said on Monday.He…

The Court restored the orders passed by the authorities under the Senior Citizens Act directing the eviction of the appellant’s son and daughter-in-law. The Supreme Court has held that tribunals constituted under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007 can order eviction of children or other occupants from a senior citizen’s…

Top stocks to buy today on August 24, 2026. Stock market recommendations: Viyash Scientific, and AU Small Finance Bank – have been picked as the top stocks to buy on August 24, 2026 by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities. The expert has shared a detailed outlook on Nifty and Bank…

Benchmark equity indices Sensex and Nifty gained in early trade, led by buying in blue-chip stocks such as HDFC Bank and Infosys amid positive global cues. The 30-share BSE Sensex rose 202.42 points to 77,744.15, while the 50-share NSE Nifty gained 55.35 points to 24,309. Among Sensex constituents, Infosys, HCL Tech, Tata Steel, Tech Mahindra,…

Rupee climbs to 95.64 against US dollar Rupee started the week on a strong note, rising 7 paise to 95.64 against the US dollar in early trading. However, the gains remained limited as geopolitical concerns, crude prices and steady importer demand weighed on the domestic currency.The currency’s movement was largely confined to a narrow range….

KPMG Australia to cut 5% of workforce amid scandal, weak growth outlook KPMG Australia is reducing its workforce by about 5% as the firm continues to deal with the fallout from a scandal involving confidential client information and faces a subdued economic outlook.The cuts will affect 27 partners and about 360 employees, with consulting and…

Top stocks to buy in week starting August 24, 2026 Stock market recommendations: Crompton Greaves, and ICICI Prudential AMC- these are the top stocks that have been picked by Motilal Oswal Wealth Management Research Desk as stock recommendations for the week starting August 24, 2026: Stock Name CMP (Rs) Target (Rs) Upside (%) Crompton Greaves…

Oil prices slip over $1 per barrel Oil prices eased more than $1 a barrel on Monday as investors booked profits ahead of a US announcement on new sanctions against Iran, with markets weighing the possibility of further disruption to Middle Eastern supplies.Brent crude declined 1.90% to $92.60 a barrel while WTI crude fell 1.96%…