Moody’s cuts India’s 2026 growth forecast to 6% on high energy costs amid West Asia war

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…

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How should stock and mutual fund investors rebalance their portfolios amid market volatility? Here’s a guide

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…

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UAE exit from Opec would raise oil supply, lower prices for India: Analysts

  Alongside Saudi Arabia, the UAE holds meaningful spare capacity, the real lever Opec+ uses to move markets and stabilise prices.   The United Arab Emirates’ (UAE) exit from the Organisation of Petroleum Exporting Countries (Opec) could benefit India by increasing oil supply and lowering prices, analysts said.   On April 28, the UAE announced…

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ONGC hits 52-wk high, Oil India up 4%; what’s driving upstream oil stocks?

ONGC and Oil India are key beneficiaries if Brent price remains elevated above USD 70/bbl as their CMP is discounting ~USD 65/bbl net crude realisation amidst low risk of windfall tax, said analysts.   Shares of Indian upstream oil companies rallied up to 4 per cent on the BSE in Tuesday’s intra-day trade. Individually, Oil…

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India-New Zealand trade pact cuts fruit tariffs, boosts exports and visas

The agreement, concluded in December, will see New Zealand eliminate duties on all Indian exports, while India will reduce tariffs on 95 per cent of imports from the South Pacific nation India and New Zealand on Monday signed a free-trade agreement (FTA) that significantly lowers tariffs on goods, expands market access, and eases entry for…

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Oil prices up 1% amid continued stalemate on US-Iran talks, closure of Strait of Hormuz

Crude prices climbed over 1% as supply disruption in the Strait of Hormuz and stalled US-Iran talks kept markets on edge, raising concerns over India’s import bill and fuel marketing losses. Global crude oil prices continued to trade higher on Friday morning amid ongoing supply disruptions through the Strait of Hormuz and little progress in…

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Amazon India to invest ₹2,800 cr to boost quick commerce, associate wellbeing

Amazon India on 23 April said it plans to invest over ₹2,800 crore to strengthen associate safety, health, and financial well-being measures and to boost its operations network across the country. The latest investment is part of the company’s stated commitment to infuse more than USD 35 billion in India by 2030, focusing on business…

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Crypto investment trend: Millennials, Gen X lead adoption signalling market participation shift in India — What we know

There is a surge in crypto adoption among older millennials and Gen X in India, with Uttar Pradesh and Maharashtra leading. The 35+ demographic is now the fastest-growing segment indicating shift towards focus on long-term investment, as per a CoinSwitch report. Millennials and Gen X investors, aged between 26–35 years, dominate participation in the cryptocurrency…

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Doubts over talks between Iran, US as tensions rise in Strait of Hormuz

Pakistan moved ahead Monday with preparations for a new round of talks between the United States and Iran days before a tenuous ceasefire is set to expire, even as renewed conflict around the Strait of Hormuz raised questions about whether the meeting would take place.   Over the weekend, the US attacked and seized an…

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