Free is the most expensive word in public policy: Nageswaran
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Day: August 4, 2026
Oil rebounds from three-week low as Hormuz tensions keep supply fears alive
Oil prices saw a modest recovery on Tuesday after a significant decline. Benchmark Brent crude climbed to $84.26 and WTI crude reached $80.75. This rebound followed a sharp slide after US President Donald Trump paused military action against Iran. Shipping patterns are changing, and concerns about energy supply risks persist. Oil prices remain below their…
Top stocks to buy today: Stock market recommendations for August 4, 2026 – check list
Stock market recommendations: Honasa Consumer, Gland Pharma, Bata India, and Siemens – these are the top stocks to buy picked by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan for August 4, 2026:
Trump slams Exxon Mobil, Chevron for ‘making too much money’; asks to give it back
President Donald Trump criticized major oil companies for excessive profits. He urged Exxon Mobil and Chevron to lower consumer fuel prices. The companies reported strong quarterly earnings due to higher crude prices. Industry representatives stated prices reflect global market pressures and uncertainty. Global oil markets remain volatile amid Middle East tensions.
‘Likely to mislead’: FSSAI bars Dabur from selling products with ‘100%’ guarantee claims
India’s food regulator has prohibited Dabur India from selling certain food products. These products carried “100 per cent” claims which are considered misleading. The FSSAI stated these labels are ambiguous and unverifiable for consumers. Dabur India is now reviewing the notice issued by the food regulator. This action is part of a broader crackdown on…
BSE Sensex trades in green, Nifty50 slips in red: Why benchmark indices moved opposite?
Indian stock market indices Nifty50 and BSE Sensex diverged due to a new closing auction session. This new mechanism replaced the volume-weighted average price for price discovery. The exchange clarified that this divergence was not an anomaly but a result of the new process. The closing price is now determined by an equilibrium price mechanism…
Gold price prediction today: Will gold prices stay range-bound in the current scenario? Check August 4, 2026 outlook
Gold price prediction today: Gold prices will continue to be influenced by US-Iran talks and macroeconomic data in America which would likely provide direction to the Federal Reserve on its rate decisions, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.
Friendship with benefits: Why Trump is helping Japan rescue the yen
The United States and Japan have jointly intervened to support the Japanese yen’s value. This unprecedented action aims to stabilize the currency after its significant decline. Washington’s involvement signals broader economic and financial system concerns beyond Japan. The intervention seeks to protect US Treasury markets and American exporters from negative impacts.
Indian refiners maximise: Fuel exports hit 1-yr high as robust margins, Russia diesel export ban help
According to shipping data from analytics firm Kpler, India exported 1.53 million barrels per day (bpd) of refined fuels during July. This is about 27% higher than the average monthly volume over the previous 12 months.
Income tax refund: How soon after filing ITR can you expect your refund to be issued?
With the filing window now closed for most salaried taxpayers, attention has shifted to income tax refunds. Taxpayers who have filed and successfully e-verified their returns are now awaiting the refund process.