Goldman Sachs projected relatively stable steel prices across major global markets through the remainder of 2026, with US steel prices expected to remain stronger than those in Europe, China and Brazil. Global steel prices continued to climb across major markets in April and early May, with Brazil emerging as the strongest-performing region, even as China’s…
The loss marks Air India’s biggest annual loss since the airline was acquired by the Tata Group in 2022 Indian carrier Air India reported a loss of S$3.56 billion, or around $2.8 billion at current exchange rates, in 2025-26, which marked its largest annual loss since the Tata Group regained control of the airline in…
Rising global prices of the precious metals, preferential access through India-UAE CEPA could keep value, volumes high. With mounting pressure on the current account deficit, the Centre has more than doubled the customs duty on gold and silver to 15% from 6%. It has similarly hiked the import duty on platinum to 15.4% from…
India remains particularly vulnerable to high oil prices, given its dependence on imported crude oil and liquefied natural gas, Moody’s said Moody’s Ratings on Tuesday cut India’s economic growth forecast for 2026 by 0.8 percentage points to 6% on subdued private consumption, capital formation, and industrial activity amid higher energy costs triggered by the West…
Amid increasing geopolitical risks and economic uncertainty, experts advise investors on how to rebalance portfolios effectively. Focusing on quality stocks, maintaining SIPs, and adjusting allocations can help navigate this volatile landscape. This year so far has been challenging for equity investors largely due to increased geopolitical risks, higher crude oil prices, and the rupee’s…