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Sensex, Nifty open higher on US-Iran peace deal hopes, lower oil Google debuts standalone Gemini App for Apple’s MacOS Rupee rises 6 paise to 93.27 against US dollar in early trade Gold gains on softer dollar as US-Iran peace deal hopes rise CavinKare enters India ice cream market with 72 infusion-based variants China urges restoration of normal navigation in Strait of Hormuz Mehli Mistry seeks appointment of administrator in Sir Dorabji Tata Trust Crude oil futures edge up despite hopes of US-Iran ceasefire extension Indian fund outperforming 98% of peers bets on defense stocks Not just urban, rural households too lapping up premium FMCG products Stalin begins statewide anti-delimitation agitation; burns copy of the bill, terms it ‘black law’ US-sanctioned supertankers enter Gulf despite blockade The Latest: Iran threatens to disrupt Gulf trade in response to US naval blockade ‘Iran war oil shock as disruptive as Covid’ GE, HAL clinch tech deal on joint jet engine plan Iran war brings US close to net crude exporter for first time since World War II The Hosteller raises ₹150 crore led by PROMAFT Partners in Series B funding Indian stocks heading for promising opening on Thursday 12 Stocks to watch: Tejas Networks, Rubicon, GHV Infra, Brigade, John Cockeril, Fino Payments Emerging markets investing legend Mark Mobius dies at 89 India rejects USTR allegations, seeks termination of Section 301 probe India’s electronics imports cross $116 billion in FY26, exports trail SEBI signs MoU with DoT to curb securities market fraud Goldman Sachs, Morgan Stanley buy Delhivery stake worth Rs 186 crore ED arrests former ADAG executive Amitabh Jhunjhunwala in loan fraud case Gold surge lifts ETFs, jewellery stocks remain mixed US Ambassador meets Oil Minister Puri over expanding energy purchases Q4 Results Highlights Today: Elecon Engineering PAT declines, ICICI Lombard net profit rises 7%, HDB Financial shares gain ahead of Q4 results today, Reliance Industrial Infra, GTPL Hathway, Tejas Networks to announce Q4 results today, ICICI Prudential Life, Anand Rathi Share rise Labour Ministry to look into POSH compliance by IT services firms, says employees union Indian negotiators to resume talks on US trade deal from April 20 NSE active clients fall 7% to 4.57 crore in FY26 Aiding piped gas push Stocks are the least over-priced asset in India Is TCS harassment case tip of the iceberg? Air India-SIA top brass meet amid leadership flux, massive losses Satin Growth Alternatives launches debut ₹200 cr fund Baharampur sees high-stakes triangular contest India’s sugar output up 8% at 27.39 mt as of April 15 SIP with caution Coimbatore North sees tight contest with BJP’s Vanathi Srinivasan holding a slight edge Gold shines online, value buying dominates offline ahead of Akshaya Tritiya IT offer shopping halves as job market cools amid layoffs Tata Motors faces a tougher FY27 at home, eyes Iveco for global scale Entry-level smartphones get costlier as memory shortage persists Feature-rich, bass-heavy Comfortingly familiar? Stock to buy today: Siemens (₹3,576.90) – BUY IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Pressure point Festive buzz in Thirupparankundram as Vijay factor shapes voter mood LIC board approves 1-for-1 bonus issue Jyoti CNC shares slump 15% after France probe into subsidiary Amit Shah rejects “outsider” tag, says Bengal BJP CM will be Bengali-speaking Nifty slides 208 points as US-Iran talks collapse, crude tops $100 MFs invest more as market crash, cash holdings hit 16-month low Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari India retail inflation rises to 13-month high at 3.4% in March Sify data centre arm IPO on track and will be timed with market conditions, says CFO Mothabari witnesses a strong undercurrent of tension as it braces for a triangular contest Airlines may get ₹5,000 crore credit support under proposed ECLGS variant US’ Hormuz blockade: Indian exporters brace for double trouble BALCO deploys AI humanoid agent for real-time training, operations and safety Global downgrades unwind India’s premium, cap market upside Consumption momentum accelerated in FY26, mid to high single growth expected in FY27 : RAI Funskool clocks $40 million revenue in FY26, despite tariff headwinds RMZ to deploy $35 billion across Data Centres, AI infra and commercial real estate; eyes IPO Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds Goyal targets DMK, alleges corruption and weak goverance in Tamil Nadu West Asia Conflict: Govt hints at 21% ethanol blending BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune Kirloskar Brothers boosts naval capability with contribution to INS Taragiri NCLT allows personal guarantee case against Videocon promoter Dhoot A1 adds 10 multi-axle tankers to expand fleet FTAs to aid India’s export growth despite global turmoil: Piyush Goyal ‘UP banned only forced sale of non-subsidised fertilizers to farmers’ ICICI Prudential AMC Q4 profit rises 10% to ₹763 crore, AUM up 25% No immediate impact of US blocking Iranian vessels on India’s crude cargoes US naval blockade of Iranian ports begins; UKMTO confirms enforcement Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra GE Aerospace to set up Tejas engine maintenance facility for IAF Sarath Kumar backs Tamilisai, says development driven by Central schemes How kashmir’s breakthrough is making Gucchi mushroom farming possible Om Power Transmission IPO subscribed 3.33 times on final day India strengthens Sri Lanka maritime push, counters China with strategic bets Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor Inherent strength: Company additions soar to decade high in FY26 How govt policy initiatives to impact shares of EV makers, oil exporters India credit funds shrug off US blues What an Oracle foretells about jobs and careers in the AI era Stock Market Highlights: Sensex ends at 76,776; Nifty 50 down 226 pts (0.94%) at 23,823 Less engaged workforce Renewable energy ministry approves pilot CfD scheme When signals diverge: Reading the Nifty-Gold ratio Mohali’s miracle boys Banking on deposit tokens and tokenisation Renewable components supply chained to imports Strengthening the hands of agentic AI

Crude Oil futures slip as uncertainty clouds US-Iran talks

By BL Mangaluru Bureau · 2026-06-02 · via Business News Today: Latest Business News, Finance News

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