Sensex, Nifty face tug of war as banks’ profits clash with surge in oil prices Business News

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Sensex, Nifty face tug of war as banks’ profits clash with surge in oil prices Business News & more related News Here

India’s stock market was mixed in the first hour of trading as a wave of earnings from some of India’s biggest private banks struggled to offset rising geopolitical concerns, pushing crude oil prices past the $100 level. National Stock Exchange building in Bandra Kurla Complex, Mumbai. (livemint) The benchmark NSE Nifty 50 index fluctuated within…

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US dollar ends best month since 2022 as Iran war drags energy markets Business News

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US dollar ends best month since 2022 as Iran war drags energy markets Business News & more related News Here

The dollar is on track for its best month since September 2022 as the Iran war has upended energy markets, dashing economic forecasts and drawing investors toward the world’s primary reserve currency. Currency traders view monitors near the screen, the Korea Composite Stock Price Index (KOSPI), at top center, and the foreign exchange rate between…

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Only ‘friendly nations’: Iran allows India, Pakistan, 3 other countries to use Strait of Hormuz amid war

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Only ‘friendly nations’: Iran allows India, Pakistan, 3 other countries to use Strait of Hormuz amid war & more related News Here

Strait of Hormuz (AP Photo) Iran on Thursday said that, despite ongoing military tensions in the Middle East, it has allowed transit through the Strait of Hormuz for “friendly nations” including India.The Consulate General of Iran in Mumbai shared a statement from Iran’s Foreign Minister Abbas Araghchi, saying: “We have allowed passage through the #Strait…

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