Banking And Finance
Gold and silver price today, 18 May: Check retail rates of 24K, 22K gold and 999 silver in Delhi, Mumbai, other cities
Gold and silver prices today on 18 May: The price of the yellow metal in India’s retail market edged lower on Monday, as higher crude oil prices heightened inflation concerns…
HDFC AMC reports cyber-security incident, activates containment protocols
() on Monday disclosed a cyber-security incident at its IT infrastructure after receiving a communication from an anonymous source claiming access to certain portions of its systems. The company said…
Bought your first commercial vehicle? Here’s how insurance works
I own a small logistics business and recently purchased a light commercial vehicle for city deliveries. Since this is my first commercial vehicle, I’m not very familiar with how motor…
Market
Crude oil prices rise for third session straight amid US-Iran war uncertainty; Brent crude above $110/bbl
US-Iran war: Oil prices extended gains to a third straight session on Monday, 18 May, as President Donald Trump renewed pressure on Iran to strike a deal aimed at ending…
Reliance, BPCL to Adani Total Gas: Oil & Gas shares fall after crude oil prices jump on fresh escalation in US-Iran war
Shares of oil & gas companies traded sharply lower on Monday, in-line with the broader Indian stock market crash, after crude oil prices surged amid escalating US-Iran war in the…
Sensex crashes over 1,000 points, investors lose ₹9 lakh crore: Key factors behind the stock market crash explained
Stock market today: The Indian stock market witnessed a strong across-segments selloff in intraday trade on Monday, 18 May, dragging the benchmarks- the Sensex and the Nifty 50 down by…
Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying Caplin Point shares on 18 May
Stock market today: The domestic benchmark indices, Nifty 50 and Sensex, opened sharply lower on Monday, 18 May, while the rupee slipped to a fresh record low, after crude oil…
Market
E-commerce giant Shein buys apparel brand Everlane, reports say
Chinese e-commerce giant Shein is acquiring US apparel retailer Everlane from majority owner L Catterton, according to media reports. The transaction values the San Francisco-based company at about $100 million,…
QSR chains witness improved demand trends in March quarter in India, bullish on store expansion
Leading QSR brands such as KFC and Burger King have reported strong performance in terms of same-store sales growth in the March quarter, aided by better demand trends due to…
Bharti-backed Gourmet Investments brings Olive Garden to India, bets on premium casual dining expansion
NEW DELHI: Bharti Family Office-backed Gourmet Investments Hospitality Group (GIHG) is betting that India’s affluent consumers are willing to spend more on premium casual dining, as it brings American-Italian chain…
Meta 20 May layoff: As ‘doomsday’ nears, anxious employees stock up on free snacks, chargers; apply to jobs preemptively
As ‘doomsday’ nears for as many as 8,000 Meta employees, 10% of the global employees of Facebook and Instagram, workers are reportedly stocking up on free snacks, drinks and chargers.…
Axis
