Can crude oil prices really double? Let’s look at the worst-case scenario

Amid escalating Israel-Iran tensions, oil markets are on edge, with Brent crude hovering near $73 a barrel. Concerns rise over potential disruptions to Strait of Hormuz, a vital oil route. While a doomsday scenario of $150 per barrel is unlikely, analysts warn of potential spikes to $120, impacting global inflation and India’s economy.

Sebi eases delisting norms for PSUs with over 90% government holding

Sebi has introduced new measures to simplify voluntary delisting for specific PSUs, excluding banks, NBFCs, and insurance firms, where the government or other PSUs hold at least 90% of shares. The amended regulations allow delisting through a fixed price mechanism, eliminating the need for a two-thirds majority approval from public shareholders.

From thrill to trust: How Gen-Z is redefining crypto investing in India

Indian Gen-Z and millennial investors are shifting from quick crypto profits to long-term wealth building, allocating 3-5% of their portfolios to digital assets like Bitcoin. Mudrex CEO Edul Patel notes a move towards systematic investment plans (SIPs) and a ‘buy and hold’ strategy, driven by better education and understanding of market dynamics.

Nomura upgrades IndusInd Bank to buy, sees 30% upside; shares rally 4%

IndusInd Bank shares rose up to 3.9% after Nomura upgraded the stock to ‘buy’ and raised its price target by 50% to Rs 1,050, citing improved governance, a cleaned-up balance sheet, and a stronger earnings outlook. The new target implies a 30% upside. Nomura also noted the bank’s efforts to resolve legacy issues and improve […]