Author: Sreelatha M

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Brent tops $95.80 as US-Iran conflict escalates

Global oil prices climbed to their highest level in six weeks on Thursday as escalating tensions between the United States and Iran heightened fears of supply disruptions in the Middle East. Investors rushed to secure crude supplies after reports of continued US military strikes on Iranian-linked targets raised concerns that the conflict could affect one of the world’s most critical oil-producing regions.

Brent crude, the international benchmark, rose close to $96 a barrel, while US West Texas Intermediate (WTI) also extended gains, reflecting growing anxiety in global energy markets. The rally marks one of the strongest weekly performances for crude this year, driven largely by geopolitical risks rather than changes in demand.

The latest jump in crude oil prices follows reports that US forces carried out strikes against Iranian-backed military positions for the twelfth consecutive night. While neither Washington nor Tehran has signalled a willingness to broaden the conflict, markets remain concerned that prolonged hostilities could threaten oil infrastructure or disrupt shipping routes through the Strait of Hormuz.

The Strait of Hormuz is one of the world’s most important energy corridors, with nearly a fifth of global oil supplies passing through the narrow waterway every day. Any disruption in the region has the potential to send oil prices sharply higher, affecting economies across the world.

Energy traders said markets are pricing in a higher geopolitical risk premium as uncertainty continues to grow. Although global oil production remains largely unaffected so far, investors fear that any escalation involving major oil-producing nations could quickly tighten supplies.

“The market is reacting more to the possibility of disruption than to actual supply losses,” said an energy analyst. “When tensions rise in the Middle East, oil prices tend to move higher because traders anticipate risks before they materialise.”

Apart from geopolitical developments, falling US crude inventories have also supported prices. Recent data showed a larger-than-expected decline in American oil stockpiles, indicating healthy demand during the peak summer driving season. Strong fuel consumption in the United States has added further momentum to the upward trend in crude prices.

The rise in oil prices is being closely watched by governments and businesses worldwide because it has a direct impact on inflation. Higher crude prices usually translate into increased costs for petrol, diesel, aviation fuel and transportation, eventually pushing up the prices of food, manufactured goods and other essential commodities.

For India, which imports more than 85 per cent of its crude oil requirements, sustained high prices could increase the country’s import bill and put pressure on the rupee. Rising oil costs may also complicate inflation management and influence future policy decisions by the Reserve Bank of India.

Consumers may not feel the impact immediately, but prolonged increases in global crude prices often lead to higher fuel costs over time. Industries such as aviation, logistics, shipping and manufacturing are particularly sensitive to fluctuations in oil prices because fuel represents a significant share of their operating expenses.

Despite the recent rally, analysts believe future price movements will depend largely on geopolitical developments. If tensions between the US and Iran ease, some of the current risk premium could disappear, allowing prices to stabilise. However, any further military escalation or disruption to shipping lanes could trigger another sharp spike in global oil markets.

Market participants are also monitoring decisions by the OPEC+ alliance, which continues to play a crucial role in balancing global supply. Any unexpected production changes by major exporters could further influence crude prices in the coming weeks.

Financial markets have also reacted cautiously to rising energy costs. Higher oil prices tend to increase inflation expectations, making central banks more cautious about cutting interest rates. Investors are therefore watching both geopolitical events and upcoming economic data for clues about the global growth outlook.

For households around the world, rising oil prices often mean higher transportation costs and increased prices for everyday goods. For businesses, especially those dependent on fuel, the latest surge serves as a reminder of how quickly geopolitical conflicts can influence global markets.

With the Middle East remaining at the centre of global attention, energy markets are expected to remain volatile. Traders will continue to closely track military developments, supply conditions and economic indicators to assess whether crude oil prices will extend their rally or retreat once geopolitical tensions begin to ease.

Also Read: Gold falls to ₹145,880, Silver declines to ₹226,970

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Beyond

Gold falls to ₹145,880, Silver declines to ₹226,970

Gold and silver prices slipped on Thursday, offering some respite to jewellery buyers after the precious metals rallied in recent sessions.

According to the latest rates released by the India Bullion and Jewellers Association (IBJA), 24-carat gold (999 purity) fell by ₹590 to ₹145,880 per 10 grams from the previous day’s closing price of ₹146,470. Silver also registered a notable decline, dropping ₹2,020 to ₹226,970 per kilogram, compared with ₹228,990 in the previous session.

The fall follows a strong rally in bullion prices over the past few days, when gold climbed to a two-week high on the back of safe-haven demand. Global investors had turned to precious metals amid heightened geopolitical tensions, uncertainty over international trade policies and concerns about inflation.

For Indian consumers, the latest correction comes as welcome news, especially for those planning jewellery purchases ahead of the festive and wedding season. Jewellers say enquiries have increased as customers who delayed purchases during the recent price surge are once again evaluating the market.

“Whenever gold prices correct after a sharp rise, many retail buyers step in. People buying for weddings or family functions often use such dips as an opportunity,” said a bullion dealer in Mumbai.

Retail gold prices vary across cities because they include GST, making charges and local taxes. As a result, jewellery prices in Delhi, Mumbai, Chennai, Kolkata and other cities differ slightly from the benchmark bullion rates announced by the IBJA. Buyers are advised to compare prices, verify hallmark certification and understand making charges before making a purchase.

International factors continued to dominate market sentiment. Spot gold eased after touching a two-week high as traders booked profits ahead of major economic events. Investors are now focused on the US Federal Reserve’s policy decision and commentary on inflation and interest rates. Although the central bank is widely expected to keep benchmark interest rates unchanged, markets are keenly awaiting signals on the future direction of monetary policy.

Interest rates have a significant influence on gold prices. Higher interest rates increase the returns on fixed-income investments, making non-yielding assets such as gold relatively less attractive. Conversely, expectations of lower rates generally support bullion prices by reducing the opportunity cost of holding gold.

Apart from the Federal Reserve meeting, investors are also tracking movements in the US dollar and crude oil prices. A weaker dollar typically supports gold by making it cheaper for buyers using other currencies. However, rising crude oil prices have renewed inflation concerns, creating uncertainty over how quickly central banks may ease monetary policy.

Silver also remained under pressure during the session. Unlike gold, silver is influenced not only by investment demand but also by industrial consumption. The metal is widely used in electronics, solar panels, electric vehicles and several manufacturing sectors. As a result, changes in global industrial activity often have a greater impact on silver prices than on gold.

Despite Wednesday’s decline, market experts believe the long-term outlook for bullion remains constructive. Continued geopolitical tensions, central bank purchases of gold and uncertainty surrounding global economic growth are expected to provide support to precious metal prices over the coming months.

Financial planners advise investors not to react to short-term price movements. Instead, they recommend accumulating gold gradually through systematic investment plans in gold exchange-traded funds (ETFs), digital gold or physical purchases aligned with long-term financial goals. Those buying jewellery are also encouraged to focus on purity and certified hallmarked products rather than trying to perfectly time the market.

Analysts expect bullion prices to remain volatile in the coming weeks as investors respond to fresh inflation data, central bank statements and developments in global trade and geopolitics. Any unexpected policy announcements or escalation in international conflicts could quickly alter the direction of gold and silver prices.

For now, Wednesday’s correction has provided a brief breather for buyers after the recent surge in bullion prices. Whether the decline continues or proves temporary will largely depend on upcoming global economic cues and investor sentiment in the days ahead.

Also Read: Sensex drops over 300 points, Nifty slips below 23,900

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Corporate

Bajaj Auto Q1 profit soars 46%, stock gains 5%

Bajaj Auto began the financial year on a strong note, reporting a sharp rise in first-quarter earnings that exceeded market expectations. The impressive financial performance, supported by healthy vehicle sales, robust export demand and growing electric vehicle (EV) business, lifted investor sentiment and pushed the company’s shares up by nearly 5% during Wednesday’s trade.

For the April-June quarter (Q1 FY27), the leading two-wheeler and three-wheeler manufacturer posted a consolidated net profit of ₹3,226 crore, a 46% increase compared with ₹2,210 crore in the same period last year. Revenue from operations also recorded strong growth, rising 65% year-on-year to ₹21,689 crore, reflecting healthy demand across key markets.

The quarterly numbers were driven by higher vehicle dispatches, a better product mix and improved realisations. Bajaj Auto continued to benefit from rising demand for premium motorcycles, growing international sales and increasing contribution from its electric mobility portfolio.

The company’s export business remained one of the biggest contributors to growth. Demand improved across several overseas markets, particularly in Africa and Latin America, where economic activity has gradually strengthened. Higher export volumes not only boosted revenue but also helped offset slower growth in certain domestic segments.

Bajaj Auto has consistently maintained a strong international presence, exporting motorcycles and three-wheelers to more than 70 countries. The latest quarterly performance highlighted the importance of overseas markets in supporting the company’s long-term growth strategy.

The domestic business also delivered encouraging results. Consumer preference continued to shift towards premium motorcycles, benefiting Bajaj Auto’s higher-end brands such as Pulsar, KTM and Triumph. Sales of premium products contributed to improved profitability as customers increasingly opted for feature-rich motorcycles with better performance and technology.

Electric mobility emerged as another key growth driver during the quarter. The company’s Chetak electric scooter witnessed sustained demand across major cities, reflecting the growing acceptance of electric vehicles in India. Company executives indicated that customer demand remained stronger than available production capacity.

To meet rising demand, Bajaj Auto plans to increase Chetak production capacity from 50,000 units to 60,000 units per month in the coming months. The expansion is expected to help reduce waiting periods and strengthen the company’s position in India’s rapidly growing EV market.

Electric scooters and electric three-wheelers now account for nearly 30% of Bajaj Auto’s domestic revenue, underlining how quickly the company’s electric business has expanded. The company has also reaffirmed plans to introduce electric motorcycles by FY28, signalling its long-term commitment to sustainable mobility.

The strong earnings prompted several brokerage firms to reiterate positive ratings on the stock. Analysts believe Bajaj Auto is well placed to benefit from multiple growth opportunities, including export recovery, premiumisation of the domestic motorcycle market and rising adoption of electric vehicles.

Brokerages noted that the company’s diversified business model provides stability even when demand weakens in specific segments. A balanced mix of domestic and international sales, along with disciplined cost management and higher-margin premium products, is expected to support earnings in the coming quarters.

Investors responded positively to the earnings announcement, with Bajaj Auto shares gaining nearly 5% during intraday trading. Market experts said the stock rally reflected confidence in the company’s consistent execution, healthy financial position and ability to generate profitable growth despite intense competition in the automobile sector.

Industry observers also expect the broader Indian automobile market to benefit from improving rural demand, better financing availability and rising consumer preference for premium vehicles. These trends could further support Bajaj Auto’s performance in the months ahead.

Following the strong quarterly performance, brokerage firms retained their positive outlook on Bajaj Auto, citing sustained export recovery, rising premium motorcycle sales and steady growth in the electric vehicle segment. The company said it remains focused on expanding production capacity for its Chetak electric scooter while strengthening its presence in domestic and international markets. Investors will now watch whether Bajaj Auto can sustain this momentum in the coming quarters amid evolving market conditions and increasing competition in the automobile sector.

Also Read: Oil rally drags rupee to 96.36

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Beyond

Oil rally drags rupee to 96.36

The Indian rupee weakened by 11 paise to 96.36 against the US dollar in early trade on Wednesday, extending its recent losses as global uncertainty, rising crude oil prices and a stronger US dollar continued to weigh on the domestic currency. Currency traders said the rupee remained under pressure as investors shifted towards safer assets amid escalating geopolitical tensions in West Asia.

The latest decline comes at a time when financial markets across the world are grappling with uncertainty over the conflict involving the United States and Iran. Concerns that the situation could disrupt global oil supplies pushed crude prices sharply higher, prompting investors to move away from riskier emerging-market assets and towards the US dollar, traditionally regarded as a safe-haven currency during periods of uncertainty.

One of the biggest reasons behind the rupee’s weakness is the sustained increase in Brent crude oil prices, which climbed above $92 per barrel. India imports nearly 85 per cent of its crude oil requirements, making higher oil prices a major concern for the economy. When crude prices rise, India has to spend more dollars on imports, increasing demand for the American currency and putting pressure on the rupee.

Higher crude prices also have wider economic implications. They increase transportation and manufacturing costs, push up inflation and widen the country’s current account deficit. These factors often reduce investor confidence and create additional pressure on the domestic currency.

Another factor weighing on the rupee is the strengthening of the US dollar index. Expectations that the US Federal Reserve may continue with a cautious approach on interest rates have supported the dollar against most global currencies. Higher US interest rates generally attract global capital into dollar-denominated assets, leading to outflows from emerging markets such as India.

Foreign institutional investors (FIIs) have also remained cautious amid volatile global conditions. Continued selling in Indian equities has increased demand for dollars, contributing to the rupee’s decline. At the same time, importers have stepped up dollar purchases to meet payment obligations, adding to pressure on the local currency.

The weakness in the rupee mirrored the mood in domestic equity markets. Benchmark indices Sensex and Nifty 50 traded sharply lower during the session as investors reacted to rising crude prices and geopolitical tensions. Market experts said global developments are currently having a greater influence on Indian financial markets than domestic factors.

Despite the decline, analysts believe India’s macroeconomic fundamentals remain relatively strong. Healthy foreign exchange reserves, robust economic growth and continued domestic demand are expected to provide some support to the rupee over the medium term. The Reserve Bank of India (RBI) is also closely monitoring currency movements and is expected to intervene whenever necessary to prevent excessive volatility.

A weaker rupee has mixed implications for the economy. Export-oriented sectors such as information technology, pharmaceuticals, textiles and engineering may benefit because their overseas earnings become more valuable when converted into Indian currency. However, industries dependent on imports—including oil marketing companies, airlines, automobile manufacturers and electronics firms—could face higher input costs, which may eventually be passed on to consumers.

Economists say the rupee’s near-term movement will depend largely on global developments. Investors are closely watching crude oil prices, geopolitical tensions, US economic data, Federal Reserve policy signals and foreign investment flows for fresh direction.

If tensions in West Asia ease and crude prices soften, the rupee could recover some of its recent losses. However, any further escalation in the conflict or a sustained rise in oil prices may keep the currency under pressure.

For ordinary Indians, a weaker rupee can make imported goods, overseas education and foreign travel more expensive. Businesses that rely on imported raw materials may also face higher costs. While exporters may gain in the short term, economists believe stability in the currency remains important for sustaining long-term economic growth.

Market participants expect the rupee to remain volatile over the coming days as global developments continue to dominate investor sentiment. Much will depend on how geopolitical tensions evolve and whether crude oil prices stabilise. Until then, currency traders are likely to remain cautious, with every major international development influencing the direction of the Indian rupee.

Also Read: Gold nears ₹145,000, Silver at ₹225,860

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Corporate

Sensex slides 600 points, Nifty drops below 24,050

Makets opened as a weak session on Wednesday, with benchmark indices Sensex and Nifty 50 falling sharply amid rising crude oil prices, geopolitical tensions in the Middle East and broad-based selling across sectors.

The BSE Sensex plunged more than 600 points during intra-day trade, while the NSE Nifty 50 slipped below the 24,050 mark. Investors remained cautious as concerns over higher inflation, slowing global growth and uncertainty in overseas markets prompted profit booking.

The sell-off was widespread, with banking, financial, pharmaceutical and public sector stocks taking the biggest hit. Broader markets also remained under pressure, reflecting weak investor sentiment.

A sharp rise in Brent crude oil prices, which climbed above $92 per barrel, was one of the biggest triggers behind the decline. India imports nearly 85% of its crude oil requirement, making higher oil prices a major concern for the economy. Rising fuel costs can push up inflation, widen the current account deficit and increase pressure on corporate earnings.

Adding to the uncertainty were escalating tensions in the Middle East, which have fuelled fears of disruptions in global energy supplies. Investors across world markets have turned risk-averse, preferring safer assets until there is more clarity on the geopolitical situation.

Sector-wise, Nifty PSU Bank, Pharma, Healthcare, Financial Services, Metal, FMCG, Oil & Gas and IT indices traded in the red. The automobile sector was among the few pockets that showed resilience, supported by buying in select large-cap stocks.

Among the top gainers, Axis Bank and Maruti Suzuki attracted investor interest and traded in positive territory despite the broader market weakness. Select auto stocks also outperformed as investors rotated towards quality large-cap companies.

On the other hand, Trent emerged among the biggest losers, while several PSU bank stocks, pharmaceutical companies and financial shares witnessed sharp declines. Heavy selling in these sectors dragged the benchmark indices lower throughout the session.

Market experts said investors are becoming increasingly cautious ahead of key domestic and global developments. Apart from crude oil prices and geopolitical tensions, the ongoing first-quarter earnings season is also influencing stock-specific movements.

Several companies are reporting their April-June quarter results this week, prompting investors to reassess valuations based on corporate performance and management commentary. While companies delivering strong earnings have seen selective buying, weaker outlooks have resulted in sharp corrections in several counters.

Foreign institutional investors (FIIs) also remained cautious, with volatile global markets limiting fresh investments into emerging economies such as India. Domestic institutional investors (DIIs) continued to provide some support through selective buying, but their purchases were insufficient to offset the broader selling pressure.

Analysts believe market volatility is likely to remain elevated over the next few sessions. Apart from corporate earnings, investors will closely monitor crude oil prices, global bond yields, US economic data and any fresh developments in the Middle East.

From a technical perspective, market experts say the 24,000 level on the Nifty remains an important support zone. If the index sustains below this level, selling pressure could intensify. However, a moderation in crude oil prices or easing geopolitical tensions could trigger a relief rally.

Despite the sharp decline, analysts advised long-term investors not to panic. They recommend staying focused on companies with strong fundamentals rather than reacting to short-term market volatility. Corrections, they say, often provide opportunities to accumulate quality stocks at better valuations.

For now, the mood on Dalal Street remains cautious. With rising oil prices, geopolitical uncertainty and earnings-related volatility dominating investor sentiment, markets are expected to remain sensitive to global cues in the coming days. The performance of heavyweight banking stocks, foreign fund flows and developments in the energy market will continue to dictate the near-term direction of the Sensex and Nifty.

Also Read: EU fines AliExpress €625 mn over unsafe product sales

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Beyond

RBI swap window draws $20 bn inflows

The Reserve Bank of India’s (RBI) special foreign exchange swap facility has attracted more than $20.7 billion in foreign currency inflows within just five weeks of its launch, providing a significant boost to the country’s external finances. The strong response comes at a crucial time, with the Indian rupee facing pressure from rising global crude oil prices and continued uncertainty in international financial markets.

According to the RBI, the special window mobilised $20.72 billion between June 8 and July 17, exceeding initial market expectations. The facility was announced on June 5 and became operational three days later as part of the central bank’s efforts to strengthen India’s balance of payments, improve foreign exchange liquidity and encourage banks to attract overseas funds.

The bulk of the inflows came through Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, which accounted for $17.4 billion of the total amount mobilised. These deposits allow non-resident Indians (NRIs) to maintain fixed deposits in foreign currencies with Indian banks, making them an important source of stable foreign exchange.

Apart from FCNR(B) deposits, the scheme also attracted nearly $2 billion through Overseas Foreign Currency Borrowings (OFCBs) and around $1.3 billion via External Commercial Borrowings (ECBs). Together, these channels have helped bring fresh dollar inflows into the country and strengthened India’s foreign exchange position.

The RBI introduced the swap facility to make it easier and more attractive for banks to raise foreign currency resources from overseas. Under the scheme, the central bank bears the foreign exchange hedging cost for eligible inflows, reducing the financial burden on banks. This enables lenders to offer more competitive returns on FCNR(B) deposits and overseas borrowings, encouraging greater participation from NRIs and international lenders.

The initiative has arrived at an important time for the Indian economy. The rupee has been under pressure in recent weeks due to rising crude oil prices, which have increased India’s import bill, and persistent global uncertainty triggered by geopolitical tensions and shifting interest rate expectations in major economies. These factors have led to increased demand for dollars, putting pressure on the domestic currency.

The fresh inflows generated through the RBI’s swap window are expected to ease some of this pressure by improving the availability of foreign exchange. A stronger forex position also gives the central bank greater flexibility to manage volatility in the currency market without significantly drawing down its foreign exchange reserves.

Higher foreign exchange reserves are widely seen as a key indicator of economic resilience. They help reassure investors that the country has sufficient resources to meet its external payment obligations, finance imports and absorb shocks arising from global financial or geopolitical developments. For an economy like India, which imports a large share of its crude oil requirements, maintaining adequate forex reserves is particularly important.

Market experts say the response to the RBI’s initiative has been stronger than anticipated. Many analysts had expected overseas inflows to remain subdued because of relatively high global interest rates and uncertain financial conditions. Instead, the healthy participation under the scheme suggests that NRIs and overseas lenders continue to have confidence in India’s banking system and long-term economic prospects.

Economists believe the swap facility could play an important role in strengthening India’s balance of payments during the current financial year. Some analysts estimate that total inflows under the scheme could eventually exceed $80 billion if banks continue to mobilise overseas deposits and borrowings at the current pace.

The facility will remain available until September 30, 2026, for FCNR(B) deposits and until December 31, 2026, for OFCBs and ECBs. This gives banks several more months to attract additional foreign currency resources under the concessional framework offered by the RBI.

The latest inflow figures also underline the central bank’s proactive approach to safeguarding the country’s external sector. Alongside regular interventions in the foreign exchange market to smooth excessive currency volatility, the RBI has focused on creating policy measures that attract durable foreign capital instead of relying solely on market intervention.

For businesses and importers, stronger forex reserves and improved dollar liquidity can help reduce uncertainty arising from sharp exchange rate movements. Stable currency conditions also benefit investors by improving confidence in the broader economy and reducing risks linked to external financing.

As global markets continue to face uncertainty from geopolitical tensions, fluctuating commodity prices and evolving monetary policies across major economies, India’s ability to attract substantial foreign currency inflows is being viewed as a positive sign. The RBI’s swap facility has not only strengthened the country’s foreign exchange reserves but has also reinforced confidence in India’s external financial stability, providing an additional buffer against global economic headwinds while supporting the rupee and the overall economy.

Also Read: HDFC Bank pauses CEO reappointment

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1 Minute-Read

Sobha Limited profit jumps to ₹51 cr

Real estate developer Sobha Limited reported a strong first-quarter performance for FY27, with net profit more than tripling to ₹51 crore from ₹16 crore a year earlier.

Revenue from operations rose 14 per cent to ₹1,330 crore, supported by healthy execution across residential projects. The company said steady demand for premium housing and disciplined project delivery helped improve earnings.

Following the results, Sobha shares gained over 2 per cent in early trade as investors welcomed the stronger financial performance. Analysts said the company’s robust sales pipeline and focus on quality projects position it well for sustained growth in the coming quarters.

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Technology

WordPress sites face fresh cyber threat

Millions of WordPress websites around the world are facing a growing cybersecurity threat as hackers actively exploit vulnerabilities in outdated plugins and themes, despite security patches already being available. Researchers warn that many website owners have failed to install critical updates, giving cybercriminals an easy opportunity to break into their systems.

Cybersecurity experts say attackers are using a new exploit chain known as WP2Shell to compromise vulnerable WordPress websites. The technique combines multiple previously disclosed plugin vulnerabilities, allowing hackers to gain remote code execution on websites that have not been updated. Once inside, attackers can upload malicious files, install malware, steal sensitive information and even take complete control of a website.

The latest findings underline a familiar but persistent problem in website security. Software developers often release patches soon after discovering vulnerabilities, but many users delay installing them because of concerns over compatibility, downtime or simple oversight. Hackers closely monitor these public disclosures and move quickly to target websites that remain unpatched.

Researchers estimate that millions of WordPress installations could still be vulnerable because many continue to use outdated plugins. WordPress powers more than 40 per cent of the world’s websites, making it one of the biggest targets for cybercriminals. Rather than attacking the WordPress core software itself, hackers frequently exploit weaknesses in third-party plugins and themes, which are often maintained by different developers and updated less consistently.

The WP2Shell attack works by chaining together known vulnerabilities that have already been fixed by plugin developers. Websites running older versions remain vulnerable even though patches have been available for months in some cases. Automated scanning tools allow attackers to search the internet for exposed websites within minutes, making small businesses, online stores, blogs, educational institutions and personal websites all potential targets.

Once hackers gain access, the consequences can be severe. They can inject malicious scripts, redirect visitors to fraudulent websites, steal login credentials, install ransomware or use compromised servers to launch further cyberattacks. In some cases, hacked websites are turned into phishing platforms or become part of larger botnets used to attack other systems.

Security researchers stress that website owners should not assume they are safe simply because WordPress itself is updated. Every installed plugin and theme must also be kept current. A single outdated plugin can provide enough access for attackers to compromise an entire website.

Experts recommend that administrators immediately review all installed plugins and themes, update them to the latest versions and remove anything that is no longer in use. Unused plugins, even if deactivated, can still pose a security risk if they contain vulnerabilities.

Cybersecurity professionals also advise enabling multi-factor authentication (MFA) for administrator accounts, using strong and unique passwords, restricting administrative access and maintaining regular website backups. Backups can significantly reduce recovery time if a website is compromised or data is lost during an attack.

Continuous monitoring is another important defence. Unusual login attempts, unexpected administrator accounts, unfamiliar files or sudden changes in website performance could all indicate that a website has been breached. Early detection allows administrators to isolate affected systems and prevent attackers from causing further damage.

The latest campaign highlights how quickly cybercriminals adapt once vulnerabilities become public. Security patches are designed to close these gaps, but they are only effective when users install them. Attackers often begin exploiting newly disclosed flaws within days, knowing that many organisations take weeks or even months to apply updates.

For businesses, a successful cyberattack can lead to service disruptions, financial losses, reputational damage and exposure of customer information. E-commerce websites are particularly attractive targets because they store payment details and personal data. Even smaller websites that hold little valuable information can be hijacked to distribute malware or host phishing pages targeting unsuspecting visitors.

Researchers say organisations should also implement web application firewalls, regularly audit user accounts, limit plugin installations to trusted developers and conduct periodic security assessments. These measures add multiple layers of protection and reduce the chances of successful exploitation.

The warning serves as an important reminder that cybersecurity is an ongoing process rather than a one-time task. Keeping software updated, removing unnecessary components and following basic security practices remain among the most effective ways to defend against modern cyber threats.

Also Read: Rupee drops 14 paise, closes at 96.44

Categories
Technology

Apple revises subscription prices in India

Apple has increased the prices of its Apple Music and Apple One subscription plans in India, making its popular digital entertainment services more expensive for users. The revised rates are effective immediately for new subscribers, while existing customers will pay the higher charges when their current subscription cycle is renewed.

The latest revision is part of Apple’s broader global pricing update and comes as the company deals with rising music licensing costs. According to Apple, the higher subscription charges will help cover increased payments made to artists, songwriters and music labels while continuing to offer users a premium streaming experience.

For Apple users in India, the increase means paying more every month to access music streaming and bundled digital services. Although the hike is not steep, it adds to the growing cost of maintaining multiple digital subscriptions, something many consumers are becoming increasingly mindful of.

The Apple Music Individual plan has been revised to ₹139 per month, up from ₹119. Students subscribing to the service will now pay ₹69 per month, compared to the earlier ₹59. The Family plan has witnessed the biggest increase, rising from ₹179 to ₹229 per month. The family subscription allows up to six members to enjoy the service using Apple’s Family Sharing feature.

Apple has also raised the prices of its Apple One subscription bundles, which combine several Apple services into a single monthly plan. The Individual plan now costs ₹195, up from ₹175, while the Family plan has been increased to ₹295 from ₹235. The Premier plan, which offers the widest range of Apple services, has gone up from ₹899 to ₹995 per month.

Apple One bundles are designed for users who subscribe to multiple Apple services. Depending on the plan, subscribers receive access to Apple Music, Apple TV+, Apple Arcade and iCloud+ storage. Some plans also include additional services such as Apple Fitness+, making the bundle a convenient option for customers deeply invested in the Apple ecosystem.

The company has not introduced any new features alongside the revised pricing. Instead, Apple said the increase reflects higher licensing costs associated with music streaming. As royalty payments to artists and record labels continue to rise globally, the company has revised subscription prices across several markets, including India.

Apple Music remains one of the world’s leading music streaming platforms, offering access to a catalogue of more than 100 million songs. Subscribers also enjoy ad-free listening, offline downloads, high-quality Lossless Audio, Spatial Audio, personalised recommendations and expertly curated playlists. Student subscribers in eligible regions continue to receive Apple TV+ as part of their plan without additional charges.

Industry observers say Apple’s latest move mirrors a wider trend across the streaming industry. Over the past few years, several music and video streaming platforms have raised subscription prices to offset increasing content acquisition costs, licensing fees and investments in technology. As companies compete to provide better user experiences and exclusive content, subscription prices have gradually moved upward.

The latest hike also comes shortly after Apple revised the prices of AppleCare+ plans for selected Macs and iPads. The company has also adjusted prices for certain hardware products in recent months, reflecting changing business costs and currency movements in different markets.

For consumers, the announcement is likely to prompt a review of monthly digital expenses. Many households today pay separately for music, video streaming, cloud storage, gaming and productivity services. As subscription costs rise across platforms, users may begin comparing services more closely to determine which ones offer the best value for money.

Apple, however, continues to benefit from the seamless integration of its services across devices such as the iPhone, iPad, Mac, Apple Watch and HomePod. This interconnected ecosystem remains one of the biggest reasons why many users choose to stay with Apple Music and Apple One despite periodic price increases.

Customers who subscribe to multiple Apple services individually may still find Apple One to be a cost-effective option, even after the latest revision. Bundled plans generally provide savings compared to purchasing each service separately, making them attractive for families and heavy Apple users.

For existing subscribers, the revised charges will automatically apply from the next renewal date. Users who do not wish to continue at the new prices can switch to a different plan or cancel their subscription before the renewal takes place.

The latest revision underlines Apple’s growing focus on its services business, which has become an increasingly important source of revenue alongside hardware sales. As competition intensifies in the digital entertainment market and licensing costs continue to climb, price revisions like these may become more common across the streaming industry.

Also Read: Top 5 firms add ₹1.54 lakh cr market value

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Corporate

Top 5 firms add ₹1.54 lakh cr market value

India’s biggest listed companies delivered a strong performance on the stock market during the past week, with five of the country’s 10 most-valued firms together adding nearly ₹1.54 lakh crore to their combined market capitalisation. The rally was driven by robust investor interest in blue-chip stocks, with Tata Consultancy Services (TCS) emerging as the biggest wealth creator during the week.

The rise in market value reflects improving investor confidence in fundamentally strong companies despite continued global uncertainties. Healthy corporate earnings, sustained domestic investment and optimism around India’s economic outlook encouraged investors to increase their exposure to leading stocks across information technology, banking and energy sectors.

Among all the companies, TCS recorded the highest jump in market capitalisation. The IT giant added more than ₹72,000 crore to its valuation during the week, making it the biggest contributor to the overall gains. Investor sentiment towards the company improved after its quarterly earnings met market expectations and the management expressed confidence about stronger business momentum in the coming months. The company’s positive outlook reassured investors that demand for technology services is expected to remain resilient despite global economic challenges.

Private sector lender ICICI Bank also witnessed a significant rise in market value, adding more than ₹29,000 crore during the week. Strong financial performance, consistent loan growth and healthy asset quality continued to attract investor interest in the banking major. Financial stocks remained among the preferred choices for investors as expectations of sustained credit growth and stable profitability supported buying activity.

Reliance Industries, India’s most-valued listed company, also contributed to the rally by adding nearly ₹24,000 crore to its market capitalisation. The conglomerate continued to receive support from investors due to its diversified business portfolio spanning energy, retail and digital services. The company’s long-term growth prospects and continued investments in expanding businesses helped maintain positive market sentiment.

Other major gainers included Infosys and HDFC Bank, both of which registered healthy increases in their market valuations during the week. The gains in these companies reflected renewed confidence in India’s leading technology and financial services firms, which continue to remain favourites among both domestic and foreign institutional investors.

Together, these five companies added approximately ₹1.54 lakh crore to their combined market capitalisation, highlighting the strength of India’s large-cap stocks. Market experts believe that investors continue to favour companies with stable earnings, strong balance sheets and proven business models, especially at a time when global markets remain volatile.

However, the week was not positive for every company among India’s top-10 most-valued firms. Five other companies witnessed a decline in their market capitalisation as investors booked profits after recent gains. Despite these losses, the combined increase recorded by the top performers comfortably outweighed the decline, allowing the overall valuation of India’s leading listed companies to move higher.

The latest changes did not significantly alter the hierarchy of India’s biggest listed firms. Reliance Industries retained its position as the country’s most-valued company by market capitalisation. It continued to be followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Life Insurance Corporation of India (LIC), Larsen & Toubro (L&T) and Hindustan Unilever Ltd (HUL). These companies collectively account for a substantial share of India’s total stock market value and often influence the movement of benchmark indices.

Market capitalisation, commonly referred to as market cap, represents the total value of a company’s outstanding shares. It is calculated by multiplying the current share price by the total number of shares in circulation. A rise in market capitalisation generally indicates growing investor confidence and an increase in shareholder wealth, while a decline reflects weaker market sentiment or profit booking.

Analysts say the latest rally underlines the resilience of India’s equity markets, supported by strong domestic participation, steady inflows from institutional investors and optimism surrounding corporate earnings. Large-cap companies continue to attract investors because they are generally considered more stable during periods of market volatility.

The performance of TCS has been particularly encouraging for the information technology sector, which has faced pressure over the past year due to slower global technology spending. The company’s strong quarterly performance and optimistic guidance have renewed hopes that demand for digital transformation projects could improve in the coming quarters.

With the earnings season gathering pace and investors closely monitoring quarterly results, market participants expect stock-specific movements to remain high in the coming weeks. If corporate earnings continue to meet expectations and macroeconomic conditions remain supportive, India’s leading companies could continue to witness healthy investor interest, strengthening the country’s equity markets further.

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