The swearing in ceremony hardly had any surprises with S Jayshankar being the only surprise inclusion. Amit Shah has also been sworn in and is likely to carry a critical portfolio in the new cabinet. Crude oil prices cracked close to 4% on Thursday Read more [...]

Even as India moves towards becoming a net steel importer after a span of 3 years, Japan and South Korea have tightened their grip over the Indian steel import market. Currently, Japan and Korea have started to dominate nearly 60% of Indian steel imports, Read more [...]

The Nifty and the Sensex faced pressure at higher levels as there was selling ahead of the F&O expiry day. The levels of 12,000 on the Nifty and 40,000 on the Sensex also proved to be a resistance. Global markets came under pressure after the Read more [...]

The outlook on the monsoons does not appear to be too bright this year with SKYMET projecting a bad June with very little rainfall across India. In fact, private sector SKYMET was the first to warn about below average rainfall in India this year, which Read more [...]

Nifty at 12,000 and Sensex at 40,000 are likely to be very important psychological levels and it will require a mix of domestic reforms and helpful global environment to be able to breach these levels decisively. The next big trigger will be the Read more [...]

With each passing day, the trade deal appears to be looking more and more elusive. Donald Trump has confirmed that the US may not be keen to cut a trade deal with China. Speaking during his state visit to Japan, Trump suggested that the US may not be Read more [...]

Despite being at new highs, the indices have been struggling to break the psychological and that may depend on the first session of the Look Sabha starting early next month. Budget is expected a little later. The global markets on Tuesday were Read more [...]

The beleaguered sugar industry suffering from a glut of supply may have something to smile about. The high margin ethanol business has bailed out the sugar industry for the latest fiscal. With the sugar industry again seeing record output in the last Read more [...]