Brent crude may fall to  per barrel by June 2026: SBI report

Brent crude may fall to $50 per barrel by June 2026: SBI report


SBI estimates that a fall in crude could pull India’s CPI inflation below 3.4 per cent in FY27, offering meaningful inflation relief.
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Global crude oil prices are expected to soften significantly in 2026, with Brent crude likely to decline to around USD 50 per barrel by June 2026, according to a report by State Bank of India.

The report highlighted that the overall outlook for crude oil prices in 2026 is weakening further from current levels amid rising inventories and softer global trends.

It stated “Crude oil prices to soften significantly in 2026 (to touch USD 50 /bbl by June 2026”.The report noted that the U.S. Energy Information Administration has estimated that Brent crude oil prices could fall to an average of USD 55 per barrel in the first quarter of 2026. This decline is largely attributed to a buildup of inventories, which is expected to exert downward pressure on prices.

Given the strong linkage between global and domestic crude prices, the report stated that the Indian crude basket, which has a correlation of 0.98 with Brent crude, is also expected to follow a similar softening trend.

Indian basket impact

As a result, movements in Brent crude prices suggest further easing in the Indian basket in the coming months.

The report also mentioned that a moving average analysis of Indian crude prices indicates that current levels are trending below both the 50-period and 200-period moving averages. This technical trend points to the possibility of lower prices ahead from the current level of USD 62.20 per barrel.

The expected decline in crude prices is also likely to have a favourable impact on India’s inflation dynamics.

The report stated that the anticipated fall in the Indian basket price to USD 53.31 per barrel, combined with the dynamic daily pricing mechanism, would be transmitted to fuel prices at retail fuel stations.

Inflation relief ahead

The report estimated that a 14 per cent correction in the Indian basket in the fourth quarter of FY26 could exert a downward pressure of around 22 basis points on the CPI basket, assuming a 48 per cent passthrough.

This moderation is expected to pull average CPI inflation for FY27 decisively below 3.4 per cent, providing meaningful relief on the inflation front also.

Published on January 6, 2026



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IndusInd Bank reports drop in advances and deposits in Q3

IndusInd Bank reports drop in advances and deposits in Q3


IndusInd Bank also saw a sharp drop in its CASA ratio, which fell to 30.3 per cent at December-end 2025 from 34.9 per cent a year earlier, indicating pressure on low-cost deposit mobilisation during the quarter.
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ANUSHREE FADNAVIS/Reuters

IndusInd Bank (IIB) has reported a drop in both net advances and deposits in the third quarter ended December 31, 2025.

The private sector lender’s net advances and deposits declined by 13.1 per cent year-on-year (yoy) and 3.8 per cent yoy, respectively, per provisional numbers shared by the Bank in its regulatory filing.

As of December-end 2025, IIB’s deposits and net advances stood at Rs 3,94,022 crore and Rs 3,18,844 crore.

The CASA (current account, savings account) ratio declined to 30.3 per cent of total deposits as at December-end 2025 against 34.9 per cent as at December-end 2024.

Published on January 6, 2026



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2026 में भी एलन मस्क का दबदबा बरकरार; ब्लूमबर्ग लिस्ट में टॉप पर कायम, अडानी-अंबानी को झटका

2026 में भी एलन मस्क का दबदबा बरकरार; ब्लूमबर्ग लिस्ट में टॉप पर कायम, अडानी-अंबानी को झटका


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Elon Musk Net Worth 2026: 2026 में भी एलन मस्क का दबदबा बरकरार है और वे लगातार दुनिया के सबसे अमीर शख्स बने हुए हैं. ब्लूमबर्ग बिलियनेयर इंडेक्स में उनकी बढ़ती संपत्ति इस बात का साफ संकेत देती है. मस्क इस समय 644 अरब डॉलर की नेटवर्थ के साथ टॉप पर बने हुए हैं.

भारत और एशिया के सबसे अमीर व्यक्ति मुकेश अंबानी के नेटवर्थ में 1.04 अरब डॉलर की कमी आई है. वहीं गौतम अडानी को 607 मिलियन डॉलर का झटका लगा है. आइए जानते हैं, दुनिया के 10 सबसे अमीर व्यक्तियों और उनके नेटवर्थ के बारे में…..

दुनिया के टॉप 5 अमीर शख्स

ब्लूमबर्ग बिलियनेयर इंडेक्स के मुताबिक, दुनिया के सबसे अमीर व्यक्ति एलन मस्क इस समय 644 अरब डॉलर की नेटवर्थ के साथ टॉप पर बने हुए हैं. हालिया बदलाव में उनकी संपत्ति में 32.5 अरब डॉलर की बड़ी बढ़ोतरी दर्ज की गई है.

वहीं दूसरे नंबर पर मौजूद लैरी पेज की कुल नेटवर्थ 272 अरब डॉलर है, जिनकी संपत्ति में 1.40 अरब डॉलर का इजाफा हुआ है. तीसरे स्थान पर जेफ बेजोस हैं, जिनकी नेटवर्थ 255 अरब डॉलर है और हाल में उन्हें 5.89 अरब डॉलर का फायदा हुआ है.

इसके बाद सर्गेई ब्रिन 253 अरब डॉलर की नेटवर्थ के साथ चौथे पायदान पर हैं और उनकी संपत्ति में 1.29 अरब डॉलर की बढ़ोतरी दर्ज की गई है. वहीं पांचवें नंबर पर मौजूद लैरी एलिसन की कुल संपत्ति 245 अरब डॉलर है, लेकिन हालिया बदलाव में उनकी नेटवर्थ 2.36 अरब डॉलर घटी है.

मार्क जुकरबर्ग को हुआ तगड़ा फायदा

छठे स्थान पर मार्क जुकरबर्ग हैं, जिनकी नेटवर्थ 233 अरब डॉलर है और उनकी दौलत में 2.90 अरब डॉलर की बढ़त देखने को मिली है. लिस्ट में आगे सातवें नंबर पर बर्नार्ड अर्नॉल्ट हैं, जिनकी कुल नेटवर्थ 207 अरब डॉलर है और हाल में उनकी संपत्ति 4.43 मिलियन डॉलर बढ़ी है. आठवें स्थान पर स्टीव बॉलमर 165 अरब डॉलर की नेटवर्थ के साथ हैं, हालांकि उनकी संपत्ति में 3.73 मिलियन डॉलर की मामूली गिरावट आई है. 

नौवें नंबर पर जेनसन हुआंग की नेटवर्थ 156 अरब डॉलर है और इसमें 568 मिलियन डॉलर की कमी दर्ज की गई है. वहीं टॉप-10 में शामिल वॉरेन बफेट 150 अरब डॉलर की नेटवर्थ के साथ हैं, जिनकी संपत्ति में 713 मिलियन डॉलर का इजाफा हुआ है.

अडानी-अंबानी को हुआ नुकसान

ब्लूमबर्ग बिलियनेयर इंडेक्स के मुताबिक, मुकेश अंबानी दुनिया के अमीरों की सूची में 18वें नंबर पर हैं. उनकी कुल नेटवर्थ 108 अरब डॉलर है और हालिया बदलाव में उनकी संपत्ति में 1.04 अरब डॉलर का नुकसान हुआ है.

वहीं, गौतम अडानी इस लिस्ट में 20वें स्थान पर हैं. अडानी की कुल संपत्ति 85.7 अरब डॉलर आंकी गई है और ताजा आंकड़ों के अनुसार उनकी नेटवर्थ में 607 मिलियन डॉलर की कमी आई है.  

यह भी पढ़ें: 2026 का पहला IPO: 81 रुपये के शेयर पर निवेशकों की नजर, GMP ने बढ़ाया उत्साह



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Corporate boards need to play a more active role in shaping strategies: ISB study

Corporate boards need to play a more active role in shaping strategies: ISB study


The report is based on a survey of over 200 directors from BSE 500 companies
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Only 17 per cent of board directors of Indian companies actively shape strategy, according to findings of a study by the Indian School of Business (ISB).

In its `Corporate Governance Report 2025 – The Board’s Looking Glass’, the business school has called for Indian corporate boards to move beyond compliance and play a more strategic role in shaping the country’s corporate future.

While Indian boards demonstrate structural soundness and compliance maturity, many lack the strategic foresight and behavioural readiness needed for future leadership, according to the report.

The report, authored by Sanjay Kallapur, Professor, ISB; Nirmalya Kumar, Visiting Professor, ISB; and Harish Raichandani, adjunct faculty, ISB, is based on a comprehensive survey of over 200 directors from BSE 500 companies.

The findings show that only 17 per cent of boards play an active role in shaping company strategy, while the other 83 per cent play a more passive role. More than one in three (36 per cent) admit their boards provide limited or no input beyond reviewing management’s plans.

The report assesses governance maturity across three dimensions — guidance and oversight, board functioning, and leadership — and examines the effectiveness of key committees including audit, risk management, and nomination and remuneration. 

According to Madan Pillutla, Dean, ISB, the survey “shines a light on patterns of behaviour, decision-making, and leadership that determine whether boards merely comply or truly govern.”

Published on January 6, 2026



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Poonawalla buys 11 lakh Swiggy shares at ₹377 apiece from Serum Institute

Poonawalla buys 11 lakh Swiggy shares at ₹377 apiece from Serum Institute


Domestic investors including ICICI Prudential Mutual Fund, SBI Mutual Fund and Aditya Birla Sun Life Mutual Fund, and global financial institutions such as Temasek, Norway’s sovereign wealth fund, Vanguard, Capital Group, Nomura and Goldman Sachs participated in the QIP

Billionaire Cyrus Soli Poonawalla on Monday bought shares of food delivery platform Swiggy from his firm, Serum Institute of India, for ₹42.35 crore in an open-market transaction.

According to NSE bulk deal data, Poonawalla bought 11.235 lakh shares at an average price of ₹377.

Poonawalla is the Chairman and Managing Director of the Serum Institute of India.

QIP issue

It may be recalled that the food and grocery delivery company last month raised ₹10,000 crore through a qualified institutional placement (QIP).

Domestic investors including ICICI Prudential Mutual Fund, SBI Mutual Fund and Aditya Birla Sun Life Mutual Fund, and global financial institutions such as Temasek, Norway’s sovereign wealth fund, Vanguard, Capital Group, Nomura and Goldman Sachs participated in the QIP.

Shares of Swiggy slipped 2.43 per cent to close at ₹377.80 per piece on the NSE.

Published on January 5, 2026



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Air India turnaround faces delivery test as leadership questions surface

Air India turnaround faces delivery test as leadership questions surface


FILE PHOTO: Air India Chief Executive Officer Campbell Wilson
| Photo Credit:
AMIIT DAVE

The buzz around a possible change at the top of Air India has grown louder as doubts deepen over whether the Tata Group-led revival has delivered on its promise of operational excellence and customer-centric transformation.

Nearly three years after Air India’s return to the Tata Group, persistent disruptions, uneven service quality and slow-moving reforms have triggered an internal reassessment of leadership, industry insiders told businessline.

Chief Executive Officer Campbell Wilson inherited an airline weakened by years of underinvestment, labour challenges and an ageing fleet. Early allowances for these legacy constraints were broadly accepted. But as the Tata-led management approaches its third year, those allowances are wearing thin. Critics increasingly question whether the current leadership has the operational clarity and bandwidth to carry the turnaround into its most demanding phase.

Mark D Martin, Founder and Chief Executive Officer of Martin Consulting, said it was “too coincidental and uncanny” that Wilson’s exit is being discussed at a time when the final report on the AI171 incident is expected from the Aircraft Accident Investigation Bureau. “It is widely known that Wilson’s allegiance and loyalty to the Singapore Airlines Group led to Singapore Airlines’ agenda being kept paramount, resulting in a remote-control approach to Air India while suppressing the Tata Group’s objectives,” Martin said.

Structural move

Wilson’s early tenure was marked by decisive structural moves. The Vihaan.AI transformation programme laid out a revival framework, while the order for 470 aircraft from Airbus and Boeing reset Air India’s long-term ambitions. Network expansion to Europe, North America and Australia helped restore some credibility to its global aspirations.

Execution, however, has lagged intent. Operational performance has improved only incrementally, with recurring disruptions linked to aircraft availability, crew shortages, training backlogs and other constraints. The integration of Vistara with Air India, and AIX Connect with Air India Express, has added further complexity.

Customer experience remains uneven. While a new brand identity, refreshed cabins on select aircraft and improved digital interfaces have helped shift perception, wide variation across fleet types continues to undermine passenger confidence.

Financially, Air India remains in an investment-heavy phase, with high capital expenditure and merger-related inefficiencies weighing on near-term performance. The deeper cultural shift, from a public-sector legacy to a performance-driven private airline, has also proved slower than anticipated.

Ultimately, the debate has shifted from vision to delivery. The architecture of Air India’s revival is largely in place; whether the current or a future leadership can translate it into reliable operations, consistent service and financial discipline will determine whether the Tata Group’s promise of excellence is finally realised.

Published on January 5, 2026



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