Exports from all industries could suffer: Report

According to a Crisil Ratings assessment, several Indian economic sectors, including basmati rice, fertilizers, airlines, and energy-related industries, could be affected by rising geopolitical uncertainty in the Middle East and disruptions to maritime traffic through the Strait of Hormuz. Given their direct exposure to the region, industries such as basmati rice, fertilizers, diamond polishing, travel…

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After three days, bulls strike: the Nifty closes above 24,750, the Sensex closes 900 points higher

Following news that Tehran is prepared to give up its nuclear program, the major stock indices Sensex and Nifty recovered on Thursday, ending a three-session losing skid. Over the preceding three sessions, both indices had declined by almost 4%. At 80,092.06, the Sensex increased 975.88 points, or 1.23 percent. The whole Nifty increased 323.65 points,…

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Crude prices are rising and as the Iran-Israel conflict intensifies, gold and silver witness a sharp increase.

Today, the commodity market is in the spotlight amid intensifying violence in West Asia. Sharp price movement has been observed in commodity prices amid the increased geopolitical tensions surrounding the US and Israeli attack on Iran. Silver is trading about $95/oz, while Brent Crude has surged to around $80/bl. Gold is stable at $5,300 per…

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As Anthropic’s AI claims stoke concerns about disruption, the Nifty IT index falls by more than 5%; TCS and Infosys are among the worst losers.

As ongoing worries about disruptions brought on by artificial intelligence continued to negatively impact market mood, Indian IT equities continued their sell-off for a fifth consecutive session on Tuesday, with the Nifty IT index down more than 5% by the afternoon. Anthropic’s assertions that its Claude Code tools can significantly lower the cost and complexity…

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India tariffs were cut from 18% to 10% following Trump’s significant Supreme Court defeat.

According to the White House, US trading partners, including India, that completed tariff arrangements with the Trump administration before the Supreme Court’s decision will now be temporarily subject to a flat 10% duty. This holds even if they previously agreed to higher charges under those agreements. A White House official emphasized that trade partners must…

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FIIs sold IT stocks worth Rs 10,956 cr in early February, bringing holdings down to a 4-year low.

A major source of income for India’s software exporters, the demand for large-scale, human-led coding and IT support services may decline due to rapid advancements in generative artificial intelligence. This is why foreign institutional investors (FIIs) sold over Rs 10,956 crore worth of information technology stocks in the first half of February. Due to this…

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Wholesale price inflation reached a ten-month high of 1.81% in January.

According to data released on Monday by the Ministry of Commerce and Industry, India’s wholesale price inflation increased to a 10-month high of 1.81% year-over-year in January, up from 0.83% in December. The price increases were mostly caused by increases in non-food and food articles, textiles, basic metals, and other manufactured goods. From -1.0% in…

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BHEL been awarded a BTG package order of Rs 1,200 crore for Hindalco’s Aditya Aluminium facility located in Odisha.

Hindalco Industries placed an order with Bharat Heavy Electrical (BHEL) for between Rs 1,200 and Rs 1,500 crore. The order victory is for the implementation of a two-unit, 150-megawatt BTG package at the state-owned company’s Aditya Aluminum factory in Lapanga, Sambalpur district, according to a BSE announcement. Under the contract, the BTG package will be…

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