BUISNESS

The Union Cabinet has approved a nutrient-based subsidy (NBS) of Rs 41,534 crore for the Kharif 2026 season, aimed at insulating farmers from global price volatility and ensuring affordable fertiliser availability.The government reiterated its commitment to shield farmers from fluctuations in international fertiliser prices, particularly amid elevated global rates due to Middle East crisis since…

Gold prices on Wednesday showed a mixed trend with futures trading higher while retail rates moved both up and down across cities.Data from the Multi Commodity Exchange (MCX) showed that the June contract rose Rs 3,236, or 2.15%, to Rs 1,53,525 per 10 grams, while the August contract gained Rs 3,498, or 2.29%, to Rs…

The High Court undertook a detailed scrutiny of the financial disclosures made by both parties. (AI image) In a detailed and socially grounded ruling, the Delhi High Court has reiterated that a father cannot evade his obligation to maintain his minor children by understating his income or making selective financial disclosures. The Court stressed that…

Adani group stocks surged up to 13% on Wednesday after Gautam Adani moved a US court seeking dismissal of the Securities and Exchange Commission’s (SEC) civil case. The move has boosted investor sentiment across Adani Group firms.The rally followed a development in a New York federal court, where lawyers representing Gautam Adani said that they…

Tracking data from LSEG showed that the vessel had earlier moved into Southeast Asian waters. (AI image) Amid the Middle East conflict, India is all set to get its first shipment of Iran crude oil in over seven years. The decision to buy comes as the Donald Trump administration has waived off sanctions on Iran…

Representative image (AI-generated) As the Iran-US ceasefire kicks in, global markets are witnessing a sharp shift across multiple sectors.US President Donald Trump announced a temporary two-week suspension of planned military strikes on Iran, linking the move to Iran’s willingness to reopen the Strait of Hormuz and engage in negotiations.Crude prices, which had surged above $100…

Gold remains in a broad consolidation phase following the recent correction from highs. (AI image) Gold price prediction today: Gold prices will likely be range-bound in the coming days, says Divya Mandaliya, Commodity Research Analyst, Anand Rathi Share and Stock Brokers Limited.Gold’s price action over the past week highlights a market increasingly driven by liquidity…

RBI governor Sanjay Malhotra pointed out five ways in which the Indian economy will be impacted by the ongoing conflict. (AI image) The Monetary Policy Committee (MPC), led by Reserve Bank of India (RBI) governor Sanjay Malhotra kept the repo rate unchanged and continued with the neutral stance while flagging risks to GDP growth and…

While the Indian economy continues to be on a strong footing, it is faced with global headwinds that have added to uncertainty. Reserve Bank of India (RBI) governor Sanjay Malhotra on Wednesday said that the Monetary Policy Committee has decided to keep the repo rate unchanged at 5.25% with a neutral policy stance. India continues…

Stock market today (AI image) Stock market today: Buoyed by the two week US-Iran ceasefire, stock markets opened in green on Wednesday, rallying strongly ahead of the RBI monetary policy review. While Nifty50 went above 23,800, BSE Sensex rose over 2,600 points. At 9:16 AM, Nifty50 was trading at 23,878.75, up 755 points or 3.27%….