Stock market rallied sharply on Monday, with the Sensex soaring more than 1,000 points and the Nifty reclaiming the 24,000 mark, as easing geopolitical tensions in West Asia and falling crude oil prices boosted investor sentiment globally.The 30-share BSE Sensex jumped 1,073.61 points, or 1.42 per cent, to close at 76,488.96, while the NSE Nifty…
Gold prices rose in futures trade on Monday, tracking gains in global markets amid growing optimism surrounding a possible peace agreement between the United States and Iran. Retail gold rates across major Indian cities also moved higher, with 22K, 24K and 18K prices recording gains compared to the previous day.On the Multi Commodity Exchange (MCX),…
As the ongoing conflict in the Middle East tightens pressure on global energy supply routes, oil giants from UAE and Qatar are turning to unconventional shipping tactics to move its oil and gas out of the Persian Gulf to nations that need energy. Adnoc is navigating one of the world’s most sensitive maritime corridors, the…
CHENNAI: Electronics manufacturing services (EMS) companies saw a sharp increase in costs during Q4FY26, as raw material cost inflation, extended working capital cycles, wage hikes and rupee depreciation squeezed margins. Prices of memory modules surged on the back of global AI-driven demand, while the West Asia conflict pushed up cost of key inputs such as…
FM Sitharaman has stressed the need to closely monitor the three critical areas of fuel, fertiliser, and foreign exchange. (AI image) A prolonged US-Iran conflict has finally begun to hit India home, with economists signalling that the longer the crisis continues, the more difficult the situation would become for the economy. Finance Minister Nirmala Sitharaman…
Chennai: Travel disruptions stemming from the West Asia conflict continue to weigh on India’s medical tourism sector, with overseas patient inflows yet to return to earlier levels. The region accounts for a substantial share of overseas patients visiting India’s nearly $9-billion medical tourism market.Although hospital operators have begun to see early signs of improvement from…
Worker with head cam in home AI service concept scene (Image used for representational purpose only) BENGALURU: A customer books a cleaner through an app. A worker arrives. But this time, there is a camera strapped to the worker’s head.The image has sparked widespread unease online after on-demand home services startup Pronto confirmed to TOI…
MUMBAI: IRDAI has asked the non-life industry to come up with a standard definition of claim and a uniform definition of claim settlement ratio for various lines of business. This followed different companies using different definitions for determining claim settlement ratio, a key metric that is an indicator of companies’ financial health and customer satisfaction.Some…
“Positive global market sentiment, strength across major Asian markets, and easing concerns around global geopolitical tensions have improved overall risk appetite among investors, which may continue to support bullish momentum in the near term. Nifty ended on a mildly positive note on 22nd May 2026, closing at 23,719.30, up 64.60 points or 0.27%. The index…
Oil prices tumbled over 5% on Monday, falling below the $100 per barrel mark, buoyed by optimism over a potential agreement aimed at ending the US-Iran war. The market reaction came even as US President Donald Trump sought to cool expectations of an imminent breakthrough.At around 7:40 am, WTI Crude was trading at $92.41, down…
