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Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cash
Oil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barrel. Despite recent price hikes, government reluctance to reverse duty cuts and fiscal pressures mean OMCs are absorbing the pain, potentially impacting non-defence capital expenditure.
RBI should start rate hike cycle as inflation risks rise, says Bandhan MF’s Suyash Choudhary
Average inflation forecasts are likely to move higher, and the RBI should begin the rate hike cycle to maintain its credibility as an inflation-focused central bank, according to Suyash Choudhary, CIO-Fixed Income at Bandhan Mutual Fund. However, he believes rate hikes alone may not immediately solve the problem. He said the RBI must avoid mixed messaging to prevent market uncertainty and added that a favourable mix of global factors — including lower oil prices, better foreign inflows, and a weaker dollar — could help improve the situation.
Mirae Asset Sharekhan predicts up to 150% upside in these 3 midcap stocks
Midcaps to buy: Muthuselvaraj, Research Analyst at Mirae Asset Sharekhan expects Adani Total Gas to hit ₹1,850 levels; JSW Energy and Astral to rally over 50% as Nifty MidCap hits new life-time high.
Asian shares, oil prices mixed as US strikes in Iran cloud peace talks
Shares were mixed Tuesday in Asia after the US military said it carried out what it called "self-defence" strikes in southern Iran, including on missile launch sites and boats placing mines. The attacks came even as President Donald Trump said on social media that negotiations on ending the war were "proceeding nicely." US futures jumped. Oil prices were mixed, with Brent crude trading below USD 95 a barrel. The US military said the strikes Monday were done "to protect our troops from threats posed by Iranian forces." It said it used restraint due to the ceasefire with Iran, which gave no official response. Further details were not immediately available, including more specifics on threats from Iran and what this means for negotiations. With the status of peace talks with Iran unclear, markets have been swayed by various developments and comments by Trump. "Markets are behaving as though a full Iran breakthrough already exists, even though the hardest parts of the negotiation rema
INR regains ground as oil prices retreat
The Indian rupee regained further ground in opening trades on Monday tracking sharp pullback in international oil prices and weakness in greenback overseas. Improving risk sentiments amid expectation of US and Iran peace deal is waning demand for the safe haven asset. The dollar index is seen trading under 99 mark at 98.98. Washington and Tehran have reportedly signaled progress in talks to end the war, even as US President Donald Trump said he wont rush into an agreement. INR opened at Rs 95.36 per dollar and hit a high of 95.20 so far during the day. Yesterday, the counter settled at 95.60. The BSE Sensex is trading at 76,302.90, surging by 887.55 points (1.18%), and the NSE Nifty 50 is at 23,962.35, climbing 243.05 points (1.02%) as of mid-morning. The markets rallied sharply following eased geopolitical tensions and dropping crude oil prices. .
Manulife's Rana Gupta sees long-term opportunity in defence and platform businesses
Rana Gupta, Senior Portfolio Manager and India Equity Specialist at Manulife Investment Management, says Indian platform companies, defence plays, and infrastructure stocks are set for significant earnings growth by FY28–29, even as near-term oil price pressures and margin risks weigh on consumer durables, EMS, and travel-related sectors.
Bharat Forge to set up India’s first private-sector marine gas turbine facility in Visakhapatnam
Bharat Forge signs MoU with Andhra Pradesh at Defence Conclave in the presence of Defence Minister Rajnath Singh and CM Chandrababu Naidu, to set up India's first private marine gas turbine repair and development facility in Visakhapatnam, boosting naval self reliance.
Retail SIP boom boosts AMC outlook; Nippon, ICICI Pru lead pack: Siddhartha Khemka
India's asset management sector is transforming with systematic investing driving growth and stability, reducing reliance on volatile discretionary capital. SIP inflows have surged, now forming a significant portion of mutual fund assets, indicating a shift towards predictable, annuity-like revenue streams. This structural change positions the industry for sustained, retail-led expansion.
Behind The Gold Duty Hike: Government Sources Cite Forex Logic As Modi Invokes Covid-Era Discipline
According to government sources, the duty revision on precious metals is a calibrated move to ringfence forex for crude oil, fertilisers and defence as West Asia tensions and the US-Iran war reshape India's external calculus.
Q4 Results Today: Tata Motors, Bharti Airtel, PFC, Oil India Among 100 Companies To Declare Earnings
DLF, Cipla, Hindustan Petroleum Corporation, LIC Housing Finance and Paras Defence are among the companies that will declare earnings on May 13.
Equity MFs inflow dips 5% in April; SIP contributions fall to ₹31,115 cr
Equity-oriented mutual fund schemes garnered a net inflow of Rs 38,440 crore in April, marking a 5 per cent decline from the preceding month, amid geopolitical tensions in the Middle East, fluctuating crude oil prices, and concerns about global growth. Moreover, monthly contributions through SIPs (Systematic Investment Plans) declined to Rs 31,115 crore last month from Rs 32,087 crore in March,according to data released by industry body Amfi on Monday. Overall, the industry recorded a net infusion of Rs 3.22 lakh crore in April after witnessing an outflow of Rs 2.4 lakh crore in March. This was contributed by a huge inflow of Rs 2.5 lakh crore in the debt funds. The inflow has lifted the industry's assets under management by 11 per cent to Rs 81.92 lakh crore at the end of April, up from Rs 73.73 lakh crore at the end of March. This was driven by strong positive flows across segments and market to market gains witnessed during the month, said Venkat Chalasani, Chief Executive at ...
Defence outlook strong, but PSU margin concerns keep investors selective: Manish Gunwani
Manish Gunwani, Head – Equity at Bandhan AMC, said sustained crude oil prices above $90 per barrel could weigh on India’s macroeconomic stability and limit gains in domestic stocks. He also said the global AI investment boom is drawing capital away from India toward markets such as Taiwan and South Korea.