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Crude surge pressures India’s FY25 CAD target, UBI says every $10 rise in oil may widen deficit by $15 billion; FY26 gap seen at 1.2% of GDP

Crude surge pressures India’s FY25 CAD target, UBI says every rise in oil may widen deficit by billion; FY26 gap seen at 1.2% of GDP

Crude surge pressures India’s FY25 CAD target, UBI says every $10 rise in oil may widen deficit by $15 billion; FY26 gap seen at 1.2% of GDP

saiph24/7 June 19, 2025

India’s current account deficit (CAD) faces upward pressure in FY25 amid rising global crude prices, with every...

Trust MF’s Vora prefers financials, infra, and premium consumption plays

Trust MF’s Vora prefers financials, infra, and premium consumption plays

Trust MF’s Vora prefers financials, infra, and premium consumption plays

saiph24/7 June 18, 2025

Trust Mutual Fund is placing its bets on India’s domestic story, with a clear preference for sectors...

Air India to cut overseas flights on wide-body aircraft by 15% at least till mid-July

Air India to cut overseas flights on wide-body aircraft by 15% at least till mid-July

Air India to cut overseas flights on wide-body aircraft by 15% at least till mid-July

saiph24/7 June 18, 2025

NEW DELHI: Air India will reduce its international services on wide-body aircraft by 15% with immediate effect...

Auto stocks from Maruti to Eicher rise after reports of rare earth deals with Australia

Auto stocks from Maruti to Eicher rise after reports of rare earth deals with Australia

Auto stocks from Maruti to Eicher rise after reports of rare earth deals with Australia

saiph24/7 June 18, 2025

The Nifty Auto index rebounded 2% from the day’s low on Wednesday, June 18, with buying interest...

Alembic Pharma’s Karakhadi API facility in Gujarat gets an EIR from the USFDA

Alembic Pharma’s Karakhadi API facility in Gujarat gets an EIR from the USFDA

Alembic Pharma’s Karakhadi API facility in Gujarat gets an EIR from the USFDA

saiph24/7 June 18, 2025

Drugmaker Alembic Pharma Ltd. announced on Wednesday, June 18, that the United States Food and Drug Administration...

US stock market today: Wall Street surges ahead of Fed policy call; oil dips on easing fears, global markets trade mixed

US stock market today: Wall Street surges ahead of Fed policy call; oil dips on easing fears, global markets trade mixed

US stock market today: Wall Street surges ahead of Fed policy call; oil dips on easing fears, global markets trade mixed

saiph24/7 June 18, 2025

US stocks rose on Wednesday as easing crude oil prices and anticipation of the Federal Reserve’s interest...

Bandhan Bank shares gain after CLSA maintains bullish outlook on stock

Bandhan Bank shares gain after CLSA maintains bullish outlook on stock

Bandhan Bank shares gain after CLSA maintains bullish outlook on stock

saiph24/7 June 18, 2025

Shares of private lender Bandhan Bank Ltd. were trading with gains of 4% on Wednesday, June 18,...

PPFAS Mutual Fund buys stake in Zydus Wellness; Stock jumps 11%

PPFAS Mutual Fund buys stake in Zydus Wellness; Stock jumps 11%

PPFAS Mutual Fund buys stake in Zydus Wellness; Stock jumps 11%

saiph24/7 June 18, 2025

Shares of Zydus Wellness Ltd. gained nearly 11% on Wednesday, June 18, after PPFAS Mutual Fund bought...

Govt bond push: Sebi eases compliance rules for G-Sec FPIs, KYC norms and disclosure timelines relaxed

Govt bond push: Sebi eases compliance rules for G-Sec FPIs, KYC norms and disclosure timelines relaxed

Govt bond push: Sebi eases compliance rules for G-Sec FPIs, KYC norms and disclosure timelines relaxed

saiph24/7 June 18, 2025

In a move aimed at boosting long-term foreign investment in Indian debt markets, Sebi on Wednesday approved...

Zydus Lifesciences Ahmedabad oncology injectable plant gets two FDA observations

Zydus Lifesciences Ahmedabad oncology injectable plant gets two FDA observations

Zydus Lifesciences Ahmedabad oncology injectable plant gets two FDA observations

saiph24/7 June 18, 2025

Pharmaceutical company, Zydus Lifesciences Ltd, announced on Wednesday (June 18) that a recent inspection by the United...