Business updates

Business updates

Why bonds deserve a bigger place in your portfolio

Bonds bring together fixed returns, regular payouts, and improved access in a way that makes financial planning simpler, more practical.>

Indian Oil buys first Iranian LPG since 2018 as shortage worsens

The 43,000 tons of propane and butane that Indian Oil is shipping from Iran is enough to meet half a day's demand, underscoring the LPG shortage in India.>

Gold rebounds nearly ₹2,000 to ₹1.41 lakh/10g as global prices recover

The yellow metal for April delivery increased ₹1,997, or 1.43 per cent, to ₹1,41,490 per 10 grams.>

Samsung Galaxy S26 and Galaxy S26+, a comfort zone and stretching continuity

Samsung’s more affordable duo from the latest flagship portfolio delivers refinement in abundance, but needs a bolder approach next year.>

Government cuts excise duty on fuel, raises export costs amid West Asia crisis

The duty cuts will reduce oil companies’ losses on auto fuels without any reduction in pump prices of petrol and diesel>

Anthropic is now in race with OpenAI to launch an IPO first

Anthropic PBC, whose valuation stood at $380 billion in February, is tipped to raise as much as $60 billion in an IPO which is likely as soon as October 2026.>

India cuts excise duty on petrol, diesel to shield refiners from crude oil shocks

The excise duty cut on petrol and diesel prices won't be passed on to consumers as it's meant to shield Indian Oil, BPCL and HPCL from crude oil shocks.>

Nifty 50 down ~400 points, Sensex sinks 1,300 to wipe out ₹8 lakh crore in investor wealth

The geopolitical “tug-of-war” between the US and Iran has kept India's stock market in a state of high anxiety, and crude oil frothy.>

Energy takes centre stage as Indian markets absorb a 10% drop in equities

The conflict has also entered a phase where the market is watching energy infrastructure and supply chains as closely as the headlines.>

US mortgage rates jump to 6.38% as Iran war rattles housing market

Borrowers with a $1 million loan would now pay about $6,242 per month, not including insurance and taxes. That is up from $5,983 in late February.>

Credits : HTimes