MUMBAI: Sensex could hit 95,000 points by Dec according to a Morgan Stanley report. They are banking on a handful of tailwinds, which they believe, are set to support a strong bull rally in Indian stocks. The sensex target level has a 50% chance while there’s a 20% probability that it could run past the…

Oil prices edged lower on Wednesday after posting gains for three straight sessions, as investors closely monitored the fragile ceasefire linked to the Iran conflict and awaited the outcome of a high-stakes meeting between US President Donald Trump and Chinese President Xi Jinping.As per Reuters, Brent crude futures fell 82 cents, or 0.76%, to $106.95…

The fertiliser ministry has sought a 100% increase in the fertiliser subsidy budget for FY27 as the West Asia conflict drives up global fertiliser prices and import costs, according to government sources, PTI reported.Sources said the Department of Fertilizers has approached the Finance Ministry seeking a doubling of the fertiliser subsidy from the budgeted Rs…

MUMBAI: Vis Raghavan, head of banking and executive vice chair of Citi, was in India for its annual India conference, which unites all businesses and 1,000 corporates. It is part of a global push to bring buy/sell side participants, policymakers, and decision-makers onto one platform. Raghavan is credited as a seasoned investment banker and dealmaker…