We will continue to buy Russian oil; GST reforms will offset tariff impact: Sitharaman

Union Finance Minister Nirmala Sitharaman reiterated that the contribution of crude oil to India’s import bill is the highest and so India’s decision to buy oil will always be based on what suits its needs best.   Union Finance Minister Nirmala Sitharaman on Friday made it clear that India will continue purchasing Russian oil, stressing…

Agriculture, dairy remain sticking points in India-US trade deal

Agriculture and dairy have emerged as key hurdles in clinching the India-US trade deal, with New Delhi firm on protecting its sensitive sectors. The ball now lies in Washington’s court as both sides weigh concessions amid looming tariff deadlines.   Agriculture and dairy are understood to be the main sticking points in the proposed trade…

Steel stocks rise up to 3.7% as Chinese mills curb production

Margins of Indian steel makers had been under risk earlier this year when Chinese steel companies dumped cheap steel in the domestic market amid higher tariffs on China Stocks of steel companies surged in July 2 session with Tata Steel, JSW Steel, Jindal Steel and Steel Authority of India rising up to 3.6%. Nifty Metal…

Swiggy unveils ’99 Store’ for budget-friendly meals in 175 cities

The new 99 Store offers single meals at ₹99 with optional free Eco Saver delivery and aims to cater to Gen Z consumers seeking low-cost, everyday food options   Food delivery platform Swiggy on Tuesday announced the launch of the ’99 Store,’ a new range of offerings on its application. The section, which is a…

Why did Sensex, Nifty surge nearly 1% despite Israel-Iran conflict? Here’s what experts say

Every fresh negative headline may cause temporary jitters, but the broader trend remains bullish, says a market expert   The benchmark indices Sensex and Nifty rose nearly 1 percent on Monday, driven by gains in IT and oil stocks, value buying and a rebound in global equities amid easing crude oil prices despite tensions in…

Taking Stock| Sensex, Nifty off lows amid IT selloff; Infosys, Nifty IT at 8-month low

Infosys was the biggest drag on the Nifty 50, falling 3.7 percent on concerns over slowing US client spend. The Nifty IT Index dropped as much as 3.1 percent to its lowest level since July 2025, extending its year-to-date losses to about 16 percentIn a highly volatile session, benchmark indices Sensex and Nifty ended marginally…