Mumbai, June 14 (IANS) The Indian stock market is likely to remain driven by global cues in the coming week, with investors closely watching the US Federal Reserve’s policy meeting, developments surrounding a potential US-Iran peace agreement and trends in crude oil prices.Benchmark indices ended the previous week on a positive note, breaking a two-week losing streak amid improving investor sentiment.The Nifty gained 1.10 per cent to close at 23,622.90, while the Sensex rose 1.73 per cent to set…
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New Delhi, June 11 (IANS) Global crude oil prices could surge to as high as $150 per barrel if hostilities between the US and Iran resume in earnest, according to a report.According to analysis by Oslo-headquartered energy research and intelligence firm Rystad Energy, which said the latest escalation between the US and Iran has pushed the April ceasefire to its most difficult moment so far, triggering a rise in oil prices and a decline in financial markets, including US equities.According to the…
New Delhi, June 9 (IANS) Commerce and Industry Minister Piyush Goyal said on Tuesday that India is well-positioned to serve the world as an innovator, manufacturer, reliable supplier of affordable medicines, partner in advanced healthcare technologies, and destination for contract manufacturing.Addressing the Global Ambassador Meet on the Pharmaceutical Sector here, the minister noted that Indian medicines are widely accepted across global markets owing to the industry’s established quality st…
New Delhi, June 8 (IANS) Nasscom on Monday announced the launch of the UK edition of its flagship global market access programme, InnoTrek 2026, to help Indian DeepTech startups accelerate international expansion and strengthen their presence in global innovation ecosystems.Scheduled between June 8 and June 12, the 11th edition of Nasscom InnoTrek will take a select cohort of Indian DeepTech startups to the United Kingdom for the first time, offering access to investors, enterprises, policymaker…
New Delhi, May 31 (IANS) Prime Minister Narendra Modi on Sunday highlighted India’s diverse mango varieties and praised farmers engaged in mango cultivation, saying their contribution extends beyond agriculture and plays a significant role in strengthening the country’s economy and expanding its presence in international markets. Speaking during the 134th episode of his monthly radio programme, Mann Ki Baat, the Prime Minister said that with the arrival of summer, mangoes become one of the most …
New Delhi, May 25 (IANS) Global crude oil prices tumbled to their lowest levels in two weeks on Monday amid optimism over a possible breakthrough in negotiations between the US and Iran, easing fears of prolonged supply disruptions in West Asia.International oil benchmark Brent crude fell 6 per cent to trade below the $100-per-barrel mark. Similarly, US West Texas Intermediate (WTI) crude declined more than 6 per cent to $90.33 during early trade. Both benchmarks touched their weakest levels sin…
New Delhi, May 23 (IANS) The Indian government has effectively managed the impact of global crude oil volatility, maintaining stable fuel availability backed by strong refining capacity and supply systems that have ensured uninterrupted access to petrol and diesel, KPMG International’s Global Head for Energy, Natural Resources and Chemicals (ENRC) Anish De said on Saturday.In an exclusive interview with IANS, De said recent fuel price increases in India reflect the lag between global crude oil…
New Delhi, May 22 (IANS) Commerce and Industry Minister Piyush Goyal on Friday co-chaired a meeting with Minister of Ports, Shipping and Waterway, Sarbananda Sonowal, to directly engage with India’s exporters, importers and port authorities to facilitate the smoother flow of trade amid the disruption in ship movement and uncertainties in global markets due to the Middle East conflict.“We are committed to ensuring coordinated, time-bound measures to address concerns and create opportunities to …
New Delhi, May 21 (IANS) The Ministry of Education and Indian Venture and Alternate Capital Association (IVCA) convened the Bharat Innovates Investor showcase in Bengaluru, presenting 24 high‑potential Indian deep‑tech startups before investors, the government said on Thursday.Over 90 investors with over $85 billion in cumulative assets under management attended the event in the run-up to Bharat Innovates 2026 in Nice, France, an official statement said.The 24 participating start-ups represe…
Gandhinagar, May 17 (IANS) Union Commerce and Industry Minister Piyush Goyal on Sunday said that India’s recent free trade agreements with developed economies had given the country preferred access to markets accounting for nearly 70 per cent of global GDP. Addressing the inauguration of the Innovation and Incubation Centre at the National Institute of Design (NID) in Ahmedabad, Goyal said the agreements reflected the long-term economic strategy of Prime Minister Narendra Modi and would suppor…