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Oil prices settle in mixed direction on conflicting reports of US-Iran ceasefire deal
GLOBAL-OIL:Oil prices settle in mixed direction on conflicting reports of US-Iran ceasefire deal
European Stocks Fall on Growing Mideast Tensions; Dassault Drops
European stocks dropped and oil climbed as escalating tensions in the Middle East fueled concerns that a peace deal will remain elusive.
Coal gasification can help cut dependence on imports: G Kishan Reddy
India aims to cut reliance on imported chemicals through coal gasification. The government is offering significant financial support and incentives for new projects. Companies have been urged to invest in coal gasification plants. A draft proposal is expected soon, with the scheme likely to launch by early July.
S&P 500, Nasdaq touch record highs as oil retreats on US-Iran deal report
Wall Street advanced on Thursday, with the S&P 500 and Nasdaq hitting fresh record highs after reports suggested progress in US-Iran ceasefire negotiations. Oil prices pared earlier gains as hopes of a diplomatic breakthrough eased concerns over supply disruptions.
Vizhinjam International Seaport Crosses 2 Million TEUs In 18 Months, Fastest For Any Indian Port
The achievement reinforces Vizhinjam's emergence as a globally competitive deep-water transshipment hub and reflects rising confidence among leading global shipping lines in the port's infrastructure, efficiency and strategic location.
Stocks and bonds rally as hopes grow for end to West Asia conflict
Hopes of extended US-Iran ceasefire talks lifted global equities and eased oil prices, while gold rebounded after touching a two-month low
Trade Setup For May 29: Nifty's To Find Immediate Resistance At 24,000 Level Amid Oil Price Slide
On the flipside, the immediate support for Nifty is placed in the 23,720-23,700 zone, said , Head of technical and derivatives research at SBI Securities, Sudeep Shah.
Wall Street slips as crude oil jumps, Fed’s preferred inflation hits 3-year high
In early trading, the S&P 500 slipped 0.1%, the Dow Jones Industrial Average fell 328 points, and the Nasdaq Composite was 0.2% lower.
Merchant ships desert Strait of Hormuz amid renewed US strikes
Commercial shipping traffic through the Strait of Hormuz nearly came to a halt on Thursday as fears of renewed military escalation between the US and Iran intensified. Ship-tracking data showed no commercial vessels crossing the key oil chokepoint Thursday morning after only six two-way crossings on Wednesday.
Reliance’s luxury retail arm narrows losses, designer labels lag
Reliance Brands, Reliance Retail’s flagship premium and luxury fashion business, reported FY26 revenue of ₹3,494 crore, up 44.6% from a year earlier, while losses narrowed to ₹137 crore from ₹279 crore in FY25.
Gold rate today: MCX gold prices tank over ₹2,000 to below ₹1,54000 as fresh US-Iran tensions raise inflation woes
Gold prices on the MCX fell by 1.31% to ₹153,586 amid rising oil prices and inflation fears linked to US-Iran tensions. Global spot gold also declined, reflecting broader market weakness.
US stock market today: Dow Jones, Nasdaq slip as Middle East tensions intensify; Brent crude rebounds
US stock futures pointed to a weak opening as tensions in West Asia raised crude oil prices, heightening inflation concerns. S&P 500 futures fell 0.3%, while Nasdaq and Dow futures also declined. Investors await PCE data for insights on future Fed policy amid ongoing geopolitical conflicts.