๐ฎ๐ณ ์ธ๋ ยท "SUL" ยท ์ด 269๊ฑด
ํํฐ ๋ณด๊ธฐํ์ฌ ์ง์
50.0
0 = ๋ถ์ ์ฐ์ธ
50 = ์ค๋ฆฝ
100 = ๊ธ์ ์ฐ์ธ
์ต๊ทผ 7์ผ ๊ธฐ์ค 5,188๊ฑด์ ๋ถ์ํ ๊ฒฐ๊ณผ, ๋ด์ค ์ฌ๋ฆฌ์ง์๋ 50.0(๊ท ํ)์ ๋๋ค. ๊ธ์ 0๊ฑด(0.0%)ยท์ค๋ฆฝ 5,188๊ฑด(100.0%)ยท๋ถ์ 0๊ฑด(0.0%)์ด๋ฉฐ, ์ค๋ฆฝ ๋น์ค์ด ๋๋ ทํ๊ฒ ๋์ต๋๋ค. ์ฑํฅ ์ง์๋ ์ข ํฉ 0.0(์ค๋ ๊ท ํ)์ ๋๋ค.
The comment comes following the recent price hike in LPG cylinder due to choked supply chains as a result of the West Asia conflict
The combined market valuation of seven of the country's top-10 most valued companies declined by Rs 1.25 lakh crore last week.During the same period, the Sensex fell 532.4 points, or 0.71 per cent, while the Nifty slipped 181.05 points, or 0.76 per cent.Among the major laggards, Reliance Industries Limited saw the sharpest erosion, with its market capitalisation falling by Rs 39,718 crore to Rs 17,47,321.40 crore.The stock continued to remain the most valued listed company in the country despite the decline.Tata Consultancy Services also witnessed a significant drop in valuation, losing Rs 20,134.66 crore to settle at Rs 7,95,346.09 crore.Similarly, Bharti Airtel saw its market capitalisation decline by Rs 18,736.04 crore, bringing it down to Rs 10,96,150.49 crore.Infrastructure major Larsen & Toubro also faced pressure, with its valuation slipping Rs 16,880.2 crore to Rs 5,43,956.44 crore.Insurance giant Life Insurance Corporation of India lost Rs 14,610.74 crore, taking its market value down to Rs 5,05,873.32 crore.In the financial sector, Bajaj Finance saw a decline of Rs 9,681.36 crore, while Hindustan Unilever Limited lost Rs 5,909.23 crore in market capitalisation over the week.However, a few large-cap banking stocks provided some support to the market. State Bank of India gained Rs 12,692.09 crore in valuation, rising to Rs 9,02,523.63 crore.ICICI Bank added Rs 4,484.86 crore to its market capitalisation, while HDFC Bank climbed Rs 4,101.47 crore, taking its valuation to Rs 11,50,743.31 crore.Despite the mixed performance, Reliance Industries retained its position as the most valued domestic company, followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Tata Consultancy Services, Bajaj Finance, Larsen & Toubro, LIC and Hindustan Unilever among the top-10 firms by market capitalisation.
While warning about the risk of a looming oil shock, Groww Mutual Fundโs equity chief, CA Anupam Tiwari, says multicap strategy together with bottom-up investing can work well in this market.Although there might be valuation concerns in some specific areas, the overall investment environment for active stock picking in mid and small caps has improved to some extent, he says in an interview with ET Markets.Edited excerpts from a chat:Markets have recovered from recent corrections despite geopolitical tensions. What is the market pricing that investors may be underestimating?Markets are showing signs of recovery from the fall due to the prospects of de-escalation and continued talks regarding the resolution of the Middle East crisis. Nevertheless, one possible threat that investors might be overlooking is the possibility of prolonged geopolitical instability that can cause oil prices to remain elevated for an extended period.Sustained higher energy prices could have broader implications for inflation, currency stability, corporate profitability, and economic growth. While markets appear to be pricing in a relatively benign outcome, any disruption that results in persistently elevated crude prices could have a more meaningful impact on the macroeconomic environment than is currently reflected in markets.With valuations still elevated in parts of the market, how should investors think about allocating money across large-, mid- and small-cap stocks today?Broad concerns regarding valuation levels in the market have cooled off in recent months. At the current juncture, close to one-third of the mid-cap space is priced below its five-year average valuation levels, whereas nearly half of the small-cap space is trading below its own five-year average valuation levels.Under these circumstances, although there might be valuation concerns in some specific areas, the overall investment environment for active stock picking in mid and small caps has improved to some extent. Here, a multicap strategy together with bottom-up investing can work well in uncovering better businesses.The multicap category has seen rising investor interest. What advantages does a multicap strategy offer in the current market environment compared to pure large-cap or mid-cap approaches?While the current phase is marked by heightened volatility, volatility is often uneven across segments. In such an environment, a multicap strategy may provide disciplined exposure across market caps within a single portfolio.This allows investors the relative stability and earnings visibility of larger companies, while also participating in the long-term growth potential of mid- and small-cap businesses. By maintaining exposure across segments, a multicap approach can help reduce over-reliance on any single category and provide a more balanced way to navigate changing market conditions.One of the key benefits of a multicap strategy is that it removes the burden of market-cap allocation from investors. Determining when to allocate across segments can be challenging, particularly as market leadership often shifts across cycles. A multicap strategy addresses this by embedding this decision within a disciplined investment framework, freeing investors from having to make often difficult and timing-sensitive allocation calls.From a long-term perspective, multicap funds can serve as a core equity allocation for investors, enabling investors to participate in India's growth story through a combination of established market leaders and emerging businesses.Many retail investors continue to favour mid- and small-caps despite recent volatility. Is the risk-reward equation still attractive in these segments?While mid- and small-cap stocks are generally more exposed during periods of market volatility, the opportunity set within these segments has improved as valuations have moderated across several pockets of the market while business fundamentals have remained intact and even improved in several pockets.Rather than looking at mid and small caps as segments, investors should focus on a disciplined investment framework. Selective opportunities continue to exist despite volatility, making active stock selection increasingly important in determining outcomes.Which sectors currently offer the strongest earnings visibility, and where are you finding opportunities despite market volatility?We continue to focus on sectors where earnings visibility remains relatively strong despite broader market volatility. Financials remain a key area of interest, supported by reasonable valuations, stable asset quality, improving credit growth, and a favorable funding environment, particularly within select NBFCs and mid-sized financial institutions.Within industrials, we remain constructive on themes such as power transmission & distribution, renewable energy, and defence, where order books remain healthy and policy support continues to drive long-term demand. In the auto space, we continue to see opportunities linked to premium consumption trends, EV adoption, and select auto-component manufacturers benefiting from structural drivers such as exports, and regulatory and policy changes.We are also positive on specialty chemicals, particularly businesses with strong contract manufacturing franchises, niche product portfolios, and long-term customer relationships. If you had to allocate fresh money today, which market-cap segment would receive the highest allocation and why?Our equity investment philosophy, QGaRP (Quality and Growth at a Reasonable Price), is market-cap agnostic and driven primarily by stock selection rather than segment-level calls. We seek to invest in businesses that combine high quality management, growth potential, and valuation comfort.That said, our multicap strategy has historically maintained a growth-oriented tilt towards mid- and small-cap companies. With valuations having moderated across several pockets of the mid- and small-cap universe, we believe the environment has become more conducive in these segments for active stock selection.As a result, while we continue to maintain a diversified allocation across market caps, we remain constructive on selectively identifying opportunities within the mid- and small-cap space where fundamentals, growth prospects, and valuations are aligned with our philosophy.
Indian benchmark indices witnessed a volatile session on Friday, June 5 and closed marginally lower as investors reacted to the RBI monetary policy outcome and continued FII selling. The central bank kept the repo rate unchanged at 5.25% and maintained its neutral policy stance, while raising its inflation forecast and lowering GDP growth projections, which kept market sentiment cautious throughout the session.Here's how analysts read the market pulse:"While the broader index trend remains weak, mixed performance among heavyweight stocks is limiting the pace of decline. In this backdrop, we maintain a cautious stance and prefer a sell-on-rise approach until the Nifty decisively reclaims the 23,700 level. At the same time, traders should focus on stock-specific opportunities across sectors and maintain balanced positions with disciplined overnight risk management," said Ajit Mishra, SVP โ Research, Religare Broking.US marketsThe US stock market had its worst day since October on Friday as a sell-off in big technology companies weighed on the broader market and a strong jobs report boosted expectations that the Federal Reserve may be forced to hike interest rates at some point this year.The S&P 500 sank 2.6%, its biggest one-day drop since October 10, when the Trump administration threatened to impose a 100% tariff on imported goods from China. The losses pushed the benchmark index to its first losing week in the last 10. The Dow Jones Industrial Average fell 1.4%, while the Nasdaq Composite slumped 4.2%.European marketsEuropean shares ended the week lower, as uncertainty over Middle East peace efforts kept investors on edge and technology stocks paused after a blistering two-month rally.The pan-European STOXX 600 index fell 0.3% to 622.66 points and lost 0.5% for the week. Hopes for a breakthrough between the US and Iran appeared limited after the two countries exchanged strikes earlier in the week, while a US-brokered Israel-Lebanon ceasefire also looked fragile after Hezbollah rejected the pact. The resulting spike in energy costs has complicated the inflation outlook. Data this week showed euro zone inflation accelerated in May, prompting markets to price in a 25-basis-point interest rate hike from the European Central Bank.Tech ViewGoing ahead, the index is likely to consolidate in the 23,000-23,550 range in the coming week. Only a move above Tuesdayโs high of 23,556 will open the upside towards the 23,750โ23,800 resistance zone in the coming sessions.Most active stocks in terms of turnoverBSE (Rs 2,633 crore), ZEE (Rs 2,547 crore), RIL (Rs 2,303 crore), SBI (Rs 2,057 crore), Adani Enterprises (Rs 2,057 crore), HDFC Bank (Rs 1,660 crore) and Himadri Speciality (Rs 1,625 crore) were among the most active stocks on BSE in value terms. Higher activity in a counter in value terms can help identify stocks with the highest trading turnover during the day.Most active stocks in volume termsVodafone Idea (traded shares: 68.55 crore), Ola Electric (23.26 crore), ZEE (23.02 crore), YES Bank (14.9 crore), JP Power (9.09 crore shares) and Suzlon (7.28 crore shares) were among the most actively traded stocks in volume terms on BSE.Stocks showing buying interestZEE, Adani Green, Himadri Speciality, Jyoti CNC, Schneider, Kirloskar Bros and Saregama India were among the stocks that witnessed strong buying interest.52-week highsAmong the stocks that hit their 52-week highs were Himadri Speciality, Acme Solar, Adani Enterprises, Sai Life Science, Laurus Labs and Federal Bank.Stocks seeing selling pressureStocks that witnessed significant selling pressure included Wockhardt, Hindustan Zinc, Netweb Tech, HFCL, Nalco, Tejas and BSE.Sentiment meter favours bullsOut of the 4,399 stocks traded on the BSE on Friday, June 5, 1,993 advanced, 2,212 declined and 194 remained unchanged.
A 28-year-old man died after falling ill at an overnight music concert in Mumbai's Worli. Vrishabh Mahendra Gangurde was attending the 'Klangkuenstler All Night Long' event when he and a female companion experienced health issues. Police are investigating the circumstances, including potential alcohol or substance consumption, and awaiting post-mortem results.
With the election results being declared in May and a new government taking charge, preparations for the annual shows โ the Rose Show, Flower Show, Plantation Crops Show and Fruit Show, were delayed, officials said
CBI raids six locations in Chandigarh, Panchkula and Delhi-NCR over alleged 661 crore fund diversion involving Haryana Government, Chandigarh Administration and Vipam Consultancy.
Reacting to Anshul Kuncha's death, the Indian Consulate General in New York said that they were โdeeply saddenedโ by the incident.
As many as 44 stocks including Infosys, Adani Enterprises, Adani Ports, Canara Bank, PNB and several others will turn ex-date for various corporate actions, including dividends, bonus issues, stock splits and rights issues this upcoming week between June 8 and June 12. Investors must hold shares of these companies in their demat accounts on the record date to be eligible for the respective corporate actions. The list remains tentative, as more companies may announce record dates for dividends, bonus issues and stock splits during the week.Here is a day-wise list of corporate actions to watch out for this week: June 8 (Monday)The week kicks off with three companies undergoing corporate adjustments: Unified Data-Tech Solutions shares will turn ex-date for an interim dividend of Rs 5.5 per share. Ravindra Energy and Consecutive Commodities meanwhile will trade ex-date for rights issue of equity shares.June 9 (Tuesday)Inox India shares will trade ex-date for a final dividend of Rs 2 per share. Tata Group company Nelco meanwhile had also fixed June 9 as the record date for its final dividend of Rs 1 per share.June 10 (Wednesday)Several major companies turn ex-dividend, alongside a bonus issue on June 10. India's IT bellwether Infosys will turn ex-date for its final dividend of Rs 25 per share. Indian Bank and Seshasayee Paper & Board will also trade ex-record date for their respective dividends of Rs 18.25 per share and Rs 2 per share.Tata Group has fixed Wednesday as the record date to determine the eligibility of shareholders for dividend payments by three of its companies. These include Tata Chemicals (Rs 11 per share), Tata Investment Corporation (Rs 3.4 per share) and Tata Elxsi (Rs 75 per share).Gautam Exim shares meanwhile will go ex-bonus for its 3:1 bonus issue (three new bonus shares for every one existing share held).June 11 (Thursday)Specialized chemical player Sunshield Chemicals will be the lone counter turning ex-date on Thursday for a final dividend of Rs 3 per share.June 12 (Friday)Friday will see 31 stocks tuning ex-record date for their respective corporate actions. These includes five Adani Group companies, namely ACC (final dividend of Rs 7.5 per share), Adani Enterprises (final dividend of Rs 1.3 per share), Adani Ports and Special Economic Zone (final dividend of Rs 7.5 per share), Adani Total Gas (final dividend of Rs 0.25 per share) and Ambuja Cements (final dividend of Rs 2 per share).Four Tata Group companies also have June 12 as the record date for their dividends. These include Tata Motors (final dividend of Rs 4 per share), Tata Steel (final dividend of Rs 4 per share), Trent (final dividend of Rs 6 per share) and Voltas (final dividend of Rs 4 per share).Other stocks which will turn ex-record dates for their respective dividends include Canara Bank (Rs 4.2 per share), JM Financial (Rs 1.75 per share.), ICICI Prudential AMC (Rs 12.4 per share), PNB (Rs 3 per share), Piramal Finance (Rs 11 per share), Apcotex Industries (Rs 5.5 per share), Avantel (Rs 0.2 per share), Cemindia Projects (Rs 3 per share), Eimco Elecon (Rs 4 per share), Elecon Engineering Company (Rs 1.5 per share), High Energy Batteries (Rs 3 per share), Lloyds Metals & Energy (Rs 1 per share), MM Forgings (Rs 4 per share), Navin Fluorine (Rs 8.6 per share), Orient Cement (Rs 0.5 per share), Oseaspre Consultants (Rs 87 per share), Panchsheel Organics (Rs 0.8 per share), Petronet LNG (Rs 3 per share), Reliance Industrial Infrastructure (Rs 3.5 per share) and Technojet Consultants (Rs 87 per share).Mobavenue AI Tech shares will trade ex-split as it sub-divides its equity shares from a face value of Rs 10 down to Rs 2 per share. City Union Bank shares meanwhile will trade ex-bonus for a 1:3 bonus issue (one new bonus share for every three shares held)(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
The Indian stock market ended last week in the red, with analysts flagging multiple factors that could keep pressure on Sensex and Nifty when trading resumes on Monday.On Friday, the Sensex closed 117 points lower at 74,243, while the Nifty 50 declined 50 points to settle at 23,367. Among the top laggards on the Sensex were Trent, TCS, Tata Steel, NTPC, HCL Tech, Bharti Airtel, Kotak Mahindra Bank and Reliance Industries, with losses of 1-2%.Here are five key factors likely to drive the stock market in the week ahead.1) Weak global cuesWall Street ended sharply lower on Friday, with the tech-heavy Nasdaq plunging more than 4% to log its steepest single-day decline since April 2025, after a stronger-than-expected US jobs report fuelled concerns that the Federal Reserve may keep interest rates higher for longer.The Nasdaq Composite tumbled 4.2%, dragged down by a more than 6% slide in Nvidia and an almost 8% drop in Broadcom. Broadcomโs weaker-than-expected guidance heightened concerns that AI-driven demand may not expand as rapidly as markets had anticipated. The Dow Jones fell 1.4%, while the S&P 500 dropped nearly 3%.European markets closed mixed, while Asian equities ended broadly lower. Japanโs Nikkei 225 and Hong Kongโs Hang Seng declined more than 1%, while South Koreaโs Kospi plunged nearly 6%. Chinaโs Shanghai Composite also ended about 1% lower.Also read: Why did Nasdaq plunge 4% to log worst day in over a year2) RBI policy impactReserve Bank of India (RBI) Governor Sanjay Malhotra on Friday announced that the central bankโs Monetary Policy Committee (MPC) unanimously decided to keep the policy repo rate unchanged at 5.25%, as it assessed the impact of rising energy prices and supply disruptions linked to the West Asia conflict. The RBI also increased the investment limit for Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) in equity instruments.Indian equity markets are likely to remain range-bound next week amid a mix of domestic and global triggers, according to Siddhartha Khemka, Head of Research, Wealth Management, at Motilal Oswal Financial Services.โWhile the Reserve Bank of Indiaโs measures to attract foreign capital and the governmentโs tax relief for foreign investors in government securities could support sentiment, we expect market movement to be driven largely by bottom-up stock picking and sector-specific action in the near term,โ he said.Khemka noted that the central bank raised its FY27 inflation forecast to 5.1% and lowered its FY27 GDP growth projection to 6.6%, reinforcing concerns over energy prices, geopolitical tensions in West Asia and weather-related uncertainties.โIf inflationary pressures remain elevated and external risks persist, the possibility of a future monetary tightening cycle could increase, keeping investors cautious. Going forward, investors will closely track energy prices, developments in the West Asia conflict, monsoon progress, FII flows and the impact of RBIโs policy measures for further market direction,โ he added.3) FII selling continuesForeign Institutional Investors (FIIs) remained net sellers in the Indian market during the first week of June, offloading shares worth Rs 31,120 crore, according to Pabitro Mukherjee, Deputy Vice President โ Research at Bajaj Broking. Domestic Institutional Investors (DIIs), meanwhile, continued to provide support as net buyers.โInvestor sentiment remained subdued amid persistent geopolitical tensions, which kept crude oil prices elevated. Heightened global uncertainty, coupled with prevailing macroeconomic challenges, led to cautious market participation. Going forward, institutional flows are likely to remain highly sensitive to developments in US-Iran relations and movements in oil prices,โ he said.4) Iran-US tensions US forces struck Iranian coastal radar sites on Saturday after intercepting drones launched by Iran toward the Strait of Hormuz, the US military said. Reuters, citing a US official, reported that the military believes the four Iranian drones were targeting regional maritime traffic. US Central Command said on X that it subsequently struck Iranโs surveillance sites in Goruk and Qeshm Island, both located along the Strait of Hormuz.Meanwhile, Iranโs Revolutionary Guard Corps said it had targeted US bases in Kuwait and Bahrain in retaliation for the strikes and fired on four tankers attempting to cross the strait without its permission. The developments renewed concerns over escalating tensions in the oil-rich Middle East.Also read: GIFT Nifty tumbles 1.5% as US stock market plunges. Will Dalal Street crash on Monday?5) Bond yields Rising inflation concerns pushed US Treasury yields higher. The yield on the 2-year Treasury note, which is highly sensitive to expectations around Federal Reserve policy, climbed to a 15-month high. Elevated interest rates typically make bonds more attractive relative to equities, weighing on stock market sentiment.Technical view on NiftyThe benchmark Nifty index ended lower for the second consecutive week, reflecting the cautious undertone prevailing in the market, said Sudeep Shah, Head of Technical and Derivatives Research at SBI Securities.According to Rupak De, Senior Technical Analyst at LKP Securities, Nifty 50 has been moving within a defined range as markets digest the RBIโs policy announcement. He noted that sentiment remains weak, with the index continuing to trade below key moving averages. The Relative Strength Index (RSI) also remains subdued, indicating a lack of positive momentum.โIn the near term, the index is likely to consolidate within the 23,300โ23,500 range. A decisive breakout above 23,500 could trigger an upmove towards 25,700 and beyond, while a break below the 23,300 support level may result in a sharper correction,โ he said.(With inputs from agencies)(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Sulkhan Singh, a former Uttar Pradesh Director General of Police (DGP) said through encounters the State is normalizing violence, ultimately creating a climate of vigilantism
The CBI has conducted searches at six locations in Chandigarh, Panchkula and Delhi-NCR in connection with an alleged Rs 661 crore fraud involving the siphoning of government funds from departments of the Haryana government and the Chandigarh administration, officials said on Sunday. The searches were carried out on Friday at premises linked to senior Haryana cadre public servants and Noida-based Vipam Consultancy Pvt Ltd and its director as part of an ongoing probe into the alleged misappropriation of funds parked with IDFC First Bank and AU Finance Bank, an official statement said.Also read: IDFC First Bank fraud was isolated case involving collusion: KPMG According to the agency, the fraud affected eight departments of the Haryana government and two departments of the Union Territory of Chandigarh - Municipal Corporation Chandigarh and Chandigarh Renewable Energy and Science and Technology Promotion Society (CREST)."During investigation evidences have surfaced suggesting that the public servants had colluded with bank officials and had facilitated in opening of accounts, transfer of funds and subsequent diversion thereof," the statement said. The agency alleged that the public servants received undue advantages for facilitating the transactions and failing to act against the irregularities. The investigating agency also alleged that Vipam Consultancy Pvt Ltd received proceeds of crime in its bank account, which were later transferred to the personal account of its director. "Incriminating documents, digital devices, property documents and other relevant material were seized during the search operations," the agency said. The probe stems from one case taken over from the Haryana State Vigilance and Anti-Corruption Bureau and two cases originally registered by the Economic Offences Wing police station in Chandigarh.Also read: CBI files first chargesheet in Haryana Rs 504 crore fund diversion caseThe cases relate to alleged criminal conspiracy, misappropriation of government funds and related offences committed in connivance with bank officials and public servants, the agency said.The CBI said it has already filed its first chargesheet before a special court in Panchkula detailing the alleged role of public servants from the Haryana Power Generation Corporation Ltd and Haryana School Shiksha Pariyojna Parishad.The chargesheet also outlined the alleged modus operandi used to siphon off government funds parked with the IDFC First Bank and AU Finance Bank, it said. The investigation is continuing and additional chargesheets will be filed against other accused found involved in the case, it added.
Bihar's political landscape is stirred as Lalu Prasad, Rabri Devi, and Tejashwi Yadav returned security personnel after their cover was downgraded. RJD workers have now taken over guarding Rabri Devi's residence, citing a "bold decision" against perceived political vendetta and insults from the government.
OPEC+ ministers meet Sunday to weigh higher production quotas in a bid to cap oil prices that have surged since the Iran war effectively choked off Gulf crude shipments.But even if the cartel members vow to ramp up output by thousands of barrels per day, analysts say geopolitical realities mean they probably won't move the needle on prices.Also read: OPEC+ leaders expected to up July oil output target despite Hormuz disruption, sources sayWith the crucial Strait of Hormuz shut since US and Israeli attacks on Iran in late February, oil prices have nearly doubled, igniting inflation pressures worldwide.Ministers from the 21 member states of OPEC+, the main oil producing nations and their allies, are holding their quarterly meeting online.The group is likely to beef up its production quotas by "188,000 barrels a day", said Jorge Leon, analyst at Rystad Energy, similar to recent increases. But in reality, only seven members -- Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman -- have the capacity to do so.Dwindling supply Tehran's threats of retaliatory attacks to US and Israeli strikes have virtually blocked the vital Strait of Hormuz, through which roughly a fifth of global oil and gas supplies normally pass.That is equivalent to about 20 million barrels a day. But with key Gulf producers shut out of the global market, pledges to raise output in a bid to ease spiralling prices are unlikely to sway traders. "Any announced production increases or changes to output targets will have limited practical value," said Ole Hansen, a commodities analyst at Saxo Bank."There is very little OPEC can do," he told AFP.OPEC+ itself says daily production has plummeted to just 33 million barrels a day as tankers remain stuck, compared to nearly 43 million before the conflict.A US blockade on Iranian ports means "it will be even less than that" in reality, said Homayoun Falakshahi, head of crude oil analysis at data firm Kpler.Also read: Oil prices fall on mounting hopes for de-escalation in US-Iran WarUAE slams the door The United Arab Emirates' recent decision to quit OPEC further saps away at the cartel's influence, given its huge excess production capacity.And Abu Dhabi has made clear it wants to boost output."They don't want to be dictated to, they want to maximise their revenues," said Lawrence Haar, a lecturer in finance at the University of Brighton in England. And the cartel risks seeing other countries follow the UAE's example."If Iraq were to leave, it could mark the end of OPEC+," Falakshahi said.Saudi Arabia, by far the cartel's most influential member, "is going to do what it takes to stop anyone else from leaving," Falakshahi predicted.That could translate into more flexible output quotas or decreased penalties for any excess production.But "for now, the compensation framework has effectively become irrelevant due to widespread production shut-ins," Hansen said.As a result, the Iran war has largely neutralised the cartel's stated mission "to secure an efficient, economic and regular supply of petroleum to consumers, and a steady income to producers". For Falakshahi, the only factor limiting further oil price spikes at the moment is China, "which is buying less oil than normal" by tapping into its vast strategic reserves.
Launched by PM Modi in Panipat in 2015, the Beti Bachao, Beti Padhao campaign initially delivered strong results. Haryanaโs Sex Ratio at Birth rose from 838 in 2010 to 923 by 2019, driven by strict raids on pre-natal testing centres, inter-State crackdowns, monthly video conference reviews, and fixed accountability. However, data for the first four months of 2026 show that the number of girl babies born has dipped below 900, sparking fears that the programme is losing focus and momentum, reports Ashok Kumar
The official announcement was made by TDP National President and Andhra Pradesh Chief Minister N Chandrababu Naidu after high-level consultations with the partyโs core committee
Domestic cooking gas LPG prices have been increased by Rs 29 per 14.2-kg cylinder, according to PTI, citing sources. The price of a 14.2-kg domestic LPG cylinder in Delhi has risen from Rs 913 to Rs 942 with effect from June 7.The latest revision comes amid sustained volatility in international energy markets and follows a series of fuel price increases announced in recent weeks.LPG price todayMetroCurrent Price (Rs)New Price (Rs)Delhi913.00942.00Kolkata939.00968.00Mumbai912.50941.50Chennai928.50957.50LPG cylinder price rises to Rs 942 in DelhiThe increase takes the retail price of a standard 14.2-kg domestic LPG cylinder in Delhi to Rs 942.As per the PTI report, industry sources said the revision was necessary as oil marketing companies continue to incur substantial losses on the sale of subsidised domestic cooking gas.The hike follows an earlier increase of Rs 60 per cylinder announced on March 7 after tensions and conflict in West Asia disrupted global energy supplies and pushed up international fuel prices.Why has the LPG price been increased?According to industry sources, the previous increase only partially compensated oil companies for the losses they were incurring on domestic LPG sales.Before the latest revision, state-run fuel retailers were estimated to be losing around Rs 703 on every domestic LPG cylinder sold.Global crude oil and fuel prices have remained elevated in recent months, increasing the financial burden on oil marketing companies.The latest increase is aimed at reducing a portion of those losses, although companies are reportedly still selling LPG below cost.Fuel price hikes extend beyond LPGThe LPG price revision comes as part of a broader trend of rising fuel prices across the country.Petrol and diesel prices have been increased by a cumulative Rs 7.50 per litre since mid-May, while compressed natural gas (CNG) rates have risen by around Rs 6 per kilogram.The increases reflect the impact of higher international energy prices on India's fuel market.Oil companies continue to face lossesDespite the recent price revisions, industry sources said state-owned oil marketing companies continue to absorb significant losses.Petrol is reportedly being sold at a loss of approximately Rs 11 per litre, while diesel sales are resulting in losses of around Rs 33.6 per litre.These figures highlight the pressure on fuel retailers as they attempt to balance commercial viability with concerns over inflation and consumer affordability.Government limits full pass-through of global energy costsThe government has so far avoided passing on the entire increase in global energy prices to consumers.Instead, a portion of the burden has been absorbed by state-owned fuel retailers to shield households and businesses from a sharper rise in fuel costs.However, with global crude oil prices and fuel markets continuing to fluctuate, industry observers say further adjustments may be required if international prices remain elevated for an extended period.Impact of LPG price hike on householdsThe latest increase is likely to affect household budgets, particularly for families that rely heavily on LPG for daily cooking needs.Cooking gas remains an essential household fuel across urban and rural India, and any rise in cylinder prices tends to have a direct impact on monthly expenses.Consumers will now pay Rs 942 for a 14.2-kg domestic LPG cylinder in Delhi, while prices in other cities may vary depending on local taxes and transportation costs.Global energy market remains key factorGeopolitical tensions, crude oil supply disruptions and fluctuations in global demand continue to influence energy prices worldwide.As a result, domestic fuel prices are expected to remain closely linked to international market trends in the coming months.Inputs from PTI
Will move a bill in Parliament seeking structural changes to the electoral process; allegations of horse-trading during elections must stop, says NCP (SP) MP Supriya Sule
Nepal wants to pursue โresult-driven diplomacyโ with India, its โmost important partnerโ, says Nepal FM; โstrong complementaritiesโ between the current governments in Delhi, Kathmandu, says EAM