Geopolitical tensions have lifted oil and gold briefly, but Ed Yardeni expects the conflict to end within weeks and not become a prolonged oil shock. As stability returns, he advises booking profits in crude and gold and avoiding hedges. Lower…
Indian rupee fell to 91.38 per US dollar amid rising crude prices, Middle East tensions, and a stronger dollar. RBI intervened mildly.
Helios Capital Founder Samir Arora said the ongoing Iran-related conflict is unlikely to turn into a prolonged war due to limited military capacity and rapid counter-responses from the US and Israel. He added that geopolitical tensions are not materially affecting…
On February 10, Tata Motors CV had announced that PT Tata Motors Distribusi Indonesia, a wholly-owned subsidiary, had entered into an agreement to supply 70,000 vehicles for deployment in the south-east Asian country.
S&P Global Energy says that markets with little or no inventories will face the brunt of the negative supply impact and in case there is a 7 million barrels per day loss in supply for many months, prices will indeed…
From ONGC and Oil India to IndiGo, rice exporters and defence stocks, here is a list of names that have been impacted due to the ongoing war in Iran.
KRBL derives around 61% of its basmati export revenue from the Middle East and the GCC region. LT Foods, the maker of Daawat rice, reported that 9% of its FY25 revenue came from exports to the Middle East.
Defence stocks globally had seen a sharp surge on Monday with the escalation of the war in the Middle East. Indian stocks such as Paras Defence and ideaForge were up between 6% to 7%, while others such as Solar Industries…
Apart from the offices and manufacturing units, the I-T department also carried out search and seizure operations at the residence of the company’s promoter and a few executives.
For every $5 per barrel increase in brent price, IndiGo’s Earnings Per Share (EPS) is likely to be impacted by 13%, according to brokerage firm JM Financial.