Strait of Hormuz crisis a wake up call! India eyes Rs 40,000 crore subsea pipeline for uninterrupted gas supplies from Gulf

India’s demand for natural gas has been climbing steadily as the country seeks to raise the share of gas in its overall energy basket. (AI image) As concerns surrounding the Strait of Hormuz intensify, India is fast-tracking efforts to secure uninterrupted gas imports from the Gulf through a direct subsea pipeline. With energy security emerging…

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Gold, silver price prediction: After duty hike to 15%, will gold head to Rs 1.70 lakh/10 grams & silver hit Rs 3.4 lakh/kg? Check outlook

MCX Gold is holding a bullish tone on the weekly chart, bouncing from recent lows and pushing back toward the recent swing high. (AI image) Gold and silver price prediction today: According to Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group, both gold and silver prices are exhibiting a bullish bias this…

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Stock Market Live Updates: BSE Sensex opens over 300 points up; Nifty50 crosses 23,500; crude oil prices still elevated, all eyes on Trump-Xi meet

“Indian equity markets are expected to open on a positive note, with Gift Nifty trading at 23,545, up by 125 points. Global equities advanced following a largely upbeat session on Wall Street, as investors overlooked elevated PPI data and continued buying in technology and communication stocks. Market participants are also closely watching developments around the…

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Asian markets mixed today: AI rally cools, Hang Seng gains 174 points while Kospi steadies after record peak

Asian equities traded mixed on Thursday as the AI and tech rally began to lose steam. At the same time, traders have remained cautioned amid the intensifying conflict in the Middle East. In Hong Kong, Hang Seng Index inched 174 points to 26,563 while Japan’s Nikkei remained steady, inching 0.66% higher to 63,539. South Korea’s…

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Govt: Capex, developmental spending, subsidies to go on as planned

NEW DELHI: Govt Wednesday said it is going ahead with planned capital expenditure, developmental spend and subsidy payments, and no budget cuts were planned. Days after PM Narendra Modi’s calls for reducing non-essential spends such as overseas weddings, fuel consumption and fertiliser use, officials argued there was no plan for “austerity”, which usually suggests budget…

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Petrol and diesel prices may rise if Middle East crisis persists, says RBI Governor Sanjay Malhotra

Reserve Bank Governor Sanjay Malhotra has said the government may eventually have to raise petrol and diesel prices if the ongoing Middle East crisis continues for a prolonged period, PTI reported on Wednesday.Speaking at a conference in Switzerland on Tuesday, Malhotra said the disruption in oil and gas supplies due to the conflict and blockade…

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India targets $1 trillion exports in FY27 as Piyush Goyal bets on FTAs, global demand

Commerce and Industry minister Piyush Goyal on Wednesday asked exporters to target $1 trillion in goods and services exports in the current financial year, after India recorded an all-time high outbound shipment value of $863.11 billion in 2025-26, PTI reported.“This year, let’s aspire for a $1 trillion exports target. It’s possible,” Goyal said at an…

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