The Times of India - Business (34 minutes ago)
Fueled by bullish domestic equities, eight of the top-ten most valued firms in India saw a combined market valuation increase of over Rs 1.72 lakh crore last week. Reliance Industries emerged as the biggest gainer, while HDFC Bank and SBI experienced declines in market capitalization. Reliance Industries remains the most valued firm, followed by...
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Gold prices are poised for consolidation, yet a positive bias persists amid growing anticipation of a US Federal Reserve rate cut in September. Upcoming US macro data and Fed officials' speeches will be crucial in shaping monetary policy and influencing gold's trajectory. Geopolitical and trade developments, including Russia-Ukraine peace talks and...
ReadThe Times of India - Business (5 hours ago)
EU and US economic restrictions are impacting Nayara Energy's EPC operations, leading firms like Technip Energies and PT Timas Suplindo to withdraw from tenders. Despite no direct sanctions, Nayara faces challenges due to Rosneft's significant ownership.
ReadThe Hindu - Business (13 hours ago)
What are the two preferred rate slabs suggested by the government? How will consumers benefit? Will this rationalisation lead to a dent in revenue earnings for the Union government and States? How will the government make up the loss from Goods and Services Tax?
ReadThe Times of India - Business (17 hours ago)
India's leather industry, a significant exporter to the US, faces a severe crisis due to newly imposed tariffs. The 25% duty on Indian leather imports, compounded by tariffs related to Russian oil purchases, threatens competitiveness. Exporters are exploring strategies like partial European production, while industry leaders urge government...
ReadThe Times of India - Business (17 hours ago)
The Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation's (SMBC) plan to acquire up to 24.99% stake in Yes Bank. This follows Yes Bank's earlier announcement regarding SMBC's intention to purchase a 20% holding. The RBI's approval, valid for one year, is subject to certain conditions, including compliance with banking...
ReadThe Times of India - Business (21 hours ago)
Several leading Indian banks are offering attractive returns on special fixed deposit (FD) schemes with a 444-day tenure. State Bank of India, Indian Bank, Bank of Baroda, IDBI Bank, and Canara Bank are among those providing competitive interest rates for general, senior, and super senior citizens.
ReadThe Times of India - Business (21 hours ago)
India is actively engaged in free trade agreement (FTA) negotiations with key partners like the EU, US, Chile, and Peru, according to Commerce Minister Piyush Goyal. He emphasized the world's interest in India as developed economies seek trade discussions.
ReadThe Times of India - Business (21 hours ago)
India and Australia concluded the 11th round of CECA negotiations in New Delhi, aiming to broaden their existing trade agreement. Discussions covered various sectors, including goods, services, digital trade, and environmental concerns. Both nations are committed to ongoing virtual negotiations to finalize a mutually advantageous comprehensive...
ReadThe Times of India - Business (24 hours ago)
India's seafood exports remained steady at $7.45 billion in 2024-25, despite a decline in shipment volumes to 16,98,170 tonnes. Frozen shrimp dominated exports, earning $5.17 billion. The United States continued as the largest market, importing $2.71 billion worth of seafood, followed by China and the European Union.
ReadThe Times of India - Business (A day ago)
External affairs minister S Jaishankar staunchly defended India's energy ties with Russia, emphasising their role in stabilising global oil prices and serving national interests. He asserted India's right to autonomous decision-making, addressing criticism over Russian crude purchases by stating that Europe and America also engage in such...
ReadThe Times of India - Business (A day ago)
Donald Trump announced a major investigation into imported furniture, potentially leading to new tariffs. This move aims to revitalise furniture businesses in states like North and South Carolina, and Michigan. Following the announcement, stocks of retailers like Wayfair and Williams-Sonoma, heavily reliant on imports, declined. Conversely,...
ReadThe Times of India - Business (2 days ago)
Sebi chairman Tuhin Kanta Pandey has alerted mutual funds about rising operational risks like fraudulent redemptions, urging vigilance and swift action. Sebi is planning incentives for first-time female investors and those in B30 cities to boost financial inclusion. The regulator is also reviewing scheme categorization for clarity and simplifying...
ReadThe Times of India - Business (2 days ago)
India has committed nearly Rs 62,900 crore out of the Rs 65,000 crore earmarked for semiconductor manufacturing incentives, according to Electronics and IT Secretary S Krishnan. This leaves limited funding for only a few smaller projects under the ₹76,000 crore India Semiconductor Mission.
ReadThe Times of India - Business (2 days ago)
Telecom Regulatory Authority of India (Trai) is rapidly developing infrastructure policies and essential elements for critical communication, according to Chairman A K Lahoti. Trai has recommended strengthening critical communication infrastructure to the government, including a pan-India Integrated Broadband PPDR network. Additionally, 10 MHz of...
ReadThe Times of India - Business (2 days ago)
Wall Street saw a big jump as Jerome Powell hinted at possible interest rate cuts. The S&P 500 rose, nearing its record high. The Dow Jones also climbed, aiming for a new record. Tech stocks on the Nasdaq also advanced. Small-cap stocks and travel companies saw significant gains. Overseas markets in Germany and Asia also showed positive movement.
ReadThe Times of India - Business (2 days ago)
Naukri's report indicates a strong white-collar job market in India for the latter half of 2025, with 72% of employers planning workforce expansion through new job creation. Hiring sentiment remains positive, with 94% of employers intending to recruit.
ReadThe Times of India - Business (2 days ago)
India's foreign exchange reserves experienced a rise of $1.488 billion, reaching $695.106 billion during the week ending August 15, according to RBI data. This increase was primarily driven by a surge in foreign currency assets, while gold reserves saw a slight dip. These reserves act as a crucial buffer against external economic vulnerabilities.
ReadThe Times of India - Business (2 days ago)
SEBI has issued a warning to investors regarding fraudulent trading schemes promoted on social media and mobile apps. These schemes falsely promise stock market access through FPIs, which is illegal for resident Indians except under specific regulations. Investors are urged to verify entity registration and use only genuine trading apps from...
ReadThe Times of India - Business (2 days ago)
Nvidia's CEO, Jensen Huang, is in discussions with the Trump administration regarding a potential new semiconductor for China, despite existing restrictions on advanced chip sales. The proposed B30A GPU, intended for AI data centers, would be a follow-up to the H20 but requires US government approval.
ReadThe Times of India - Business (2 days ago)
During its 618th meeting in Lucknow, the RBI's central board assessed the global and domestic economic situation, considering geopolitical risks and financial market trends. The board reviewed the performance of key departments, committees, and the Ombudsman Scheme. Indranil Bhattacharyya, Executive Director, was approved as an ex officio member of...
ReadThe Times of India - Business (2 days ago)
The Asian Development Bank has approved a $410 million package for Pakistan's Reko Diq copper and gold mine project. This initiative aims to tap into one of the world's largest undeveloped reserves, potentially making Pakistan the fifth-largest copper source by 2028.
ReadThe Times of India - Business (2 days ago)
A recent HSBC report indicates that US corporations are increasingly adopting AI to offset the financial strain caused by tariffs. Analysis of S&P 500 companies reveals median cost reductions of 1.5% and productivity gains averaging 24%. AI adoption is viewed as a strategic move to modernize operations and mitigate external economic shocks, similar...
ReadThe Times of India - Business (2 days ago)
Jackie and Ayesha Shroff's strategic investment in Sony Entertainment Television's Indian launch proved to be a game-changing financial move. This early bet, made two decades ago, yielded substantial returns, becoming their most profitable venture. The couple's 15-year stake in Sony provided not only financial success but also invaluable insights...
ReadThe Times of India - Business (2 days ago)
Bajaj Auto has ensured a sufficient supply of rare earth magnets and other crucial materials, securing production for the festive season. Demand for their Chetak electric scooter remains strong, with deliveries now underway as supplies normalize.
ReadThe Times of India - Business (2 days ago)
China is easing urea export restrictions, allocating 7 million tonnes more for export. India is expected to be a major recipient. This follows earlier allocations and discussions on trade arrangements including rare earth magnets and fertilizers.
ReadThe Times of India - Business (2 days ago)
India's private sector soared to record levels in August, with the Composite PMI reaching 65.2, fueled by surging order volumes. The services sector led the charge, hitting an all-time high, while manufacturing also showed strong growth. Increased international orders and robust employment growth contributed to the positive outlook, despite rising...
ReadThe Times of India - Business (2 days ago)
To achieve Viksit Bharat objectives and regulatory reforms, the government has formed two high-level committees led by Rajiv Gauba. One committee focuses on Viksit Bharat goals, while the other addresses non-financial sector regulations. These committees, including secretaries and industry leaders, will collaborate with ministerial groups led by...
ReadThe Times of India - Business (2 days ago)
India's economic growth is projected to average 6.7% in the first quarter of FY26, fueled by government spending and a resilient services sector. While economists anticipate a slight moderation from the previous quarter due to weaker industrial activity, strong domestic demand is expected to cushion against external challenges. Annual GDP growth is...
ReadThe Times of India - Business (2 days ago)
Since early 2022, India's Russian oil purchases have reached ₹132 billion, constituting 20% of Russia's oil export earnings. While China leads in overall fossil fuel imports from Russia, India's oil imports surpassed those of the EU and Turkiye. The US has criticized India's Russian oil trade, imposing tariffs, which India contests, vowing to...
ReadThe Times of India - Business (2 days ago)
An SBI analysis projects a decrease in private capital expenditure for FY26 compared to FY25, potentially worsened by US tariffs. While government spending has driven growth, the report emphasizes the urgent need for private sector investment to sustain economic momentum. Subdued private investment poses challenges for achieving higher growth...
ReadThe Times of India - Business (2 days ago)
Gold prices on MCX are stabilizing around ₹99,300, suggesting a potential 'Buy on Dips' strategy near the ₹99,000 support zone. Technical indicators like RSI and MACD signal renewed buying strength and improving bullish momentum. Analysts suggest targets of ₹99,750 and ₹1,00,300 – ₹1,00,530 if the price sustains above ₹99,000.
ReadThe Times of India - Business (2 days ago)
China's relaxation of rare earth metal export restrictions is poised to benefit India's electronics sector, a key Make-in-India initiative. This move addresses supply chain challenges, potentially boosting advanced manufacturing and research while stabilizing costs for vital components in electronics and EVs. Experts emphasize the need for India to...
ReadThe Times of India - Business (2 days ago)
Stock market recommendations: Bajaj Broking Research suggests a positive outlook for the Nifty and Bank Nifty, recommending Sagility India and Aditya Birla Capital as top stock picks. Nifty is expected to consolidate between 25,250 and 24,600, while Bank Nifty may oscillate between 54,800 and 56,300.
ReadThe Times of India - Business (3 days ago)
Financial disclosures reveal that since assuming office in January 2025, President Donald Trump has invested heavily in bonds, exceeding $100 million. These investments, spanning from January 21 to August 1, include stakes in major financial institutions and corporate giants, as well as municipal bonds across several US states.
ReadThe Times of India - Business (3 days ago)
Walmart reported strong second-quarter results, exceeding expectations and outperforming competitors like Target. Comparable sales rose by 4.6%, fueled by both established stores and online channels. The company is attracting higher-income shoppers with faster delivery and discounts. Despite a slight dip in stock due to settlement costs, Walmart...
ReadThe Times of India - Business (3 days ago)
The government has sanctioned Rs 6,982 crore in additional capital expenditure for BSNL in 2025 to bolster its 4G network rollout nationwide. This allocation supplements previous support totaling Rs 3.22 lakh crore. BSNL has shown financial improvement, reporting operating profits since FY 2020-21 and net profits in the third and fourth quarters of...
ReadThe Hindu - Business (3 days ago)
Post acquisition, some 5,600 employees of DTS, a Connecticut-based provider of Embedded Software, Digital Engineering, Design Thinking, Device Engineering will be part of Wipro. These employees are currently positioned in 14 countries including India, U.S., South Korea, U.K., Poland and Germany
ReadThe Times of India - Business (3 days ago)
The independence of the US Federal Reserve is under scrutiny. President Trump has pressured the Fed to cut interest rates. He even called for a governor's resignation. Fed Chair Jerome Powell is trying to balance inflation and economic growth. Economists warn that political influence could harm markets. Powell's upcoming speech is crucial for the...
ReadThe Hindu - Business (3 days ago)
Post acquisition, some 5,600 employees of DTS, a Connecticut-based provider of Embedded Software, Digital Engineering, Design Thinking, Device Engineering will be part of Wipro. These employees are currently positioned in 14 countries including India, U.S., South Korea, U.K., Poland and Germany
ReadThe Times of India - Business (3 days ago)
Boeing is in discussions to potentially sell up to 500 aircraft to Chinese companies, a deal contingent on a resolution to the ongoing trade dispute between Washington and Beijing. This potential agreement could significantly benefit Boeing, which is working to recover from recent setbacks and safety concerns. Past trade negotiations have involved...
ReadThe Times of India - Business (3 days ago)
Existing home sales saw a slight increase in July, driven by marginally lower mortgage rates and a rise in available properties. The market experienced a 0.8% year-over-year sales increase, exceeding expectations, while home price growth slowed. Inventory levels reached a five-year high, offering buyers more negotiating power despite properties...
ReadThe Hindu - Business (3 days ago)
The Promotion and Regulation of Online Gaming Bill, 2025 passed the Rajya Sabha on Thursday, headed to President Murmu's desk to be enacted. Large firms like Dream11 and MPL parent Galactus Funware Technology Pvt. Ltd. may see their main revenue generator evaporate overnight.
ReadThe Times of India - Business (3 days ago)
Japan intends to unveil a decade-long investment goal of 10 trillion yen ($68 billion) for India during Prime Minister Narendra Modi's upcoming visit. This plan upgrades the previous 5 trillion yen target set in 2022, strengthening economic ties and promoting a "free and open Indo-Pacific.
ReadThe Times of India - Business (3 days ago)
US stocks experienced another decline on Thursday, with the S&P 500, Dow, and Nasdaq all posting losses. Walmart's disappointing profit forecast significantly impacted the market. Investors are also reassessing Big Tech valuations amid artificial intelligence enthusiasm. Meanwhile, Coty's quarterly loss surprised Wall Street, while Nordson exceeded...
ReadThe Times of India - Business (3 days ago)
The government is pushing domestic mineral security. Exploration has started in Mizoram and Assam. The Centre will consult northeastern states before extraction. The Mines and Minerals Bill, 2025 is a turning point. India aims for self-reliance in critical minerals. The National Critical Mineral Mission is cleared. It will run till 2030-31. Private...
ReadThe Times of India - Business (3 days ago)
Sebi is considering a regulated platform for pre-IPO trading to replace the unregulated grey market, aiming for transparency between allotment and listing. The regulator is also exploring longer-tenure equity derivatives to improve hedging and long-term investing. Sebi emphasizes transparency, investor protection, and responsible AI adoption while...
ReadThe Times of India - Business (3 days ago)
A new study indicates India requires $467 billion in climate finance by 2030 to decarbonize its power, steel, cement, and transport sectors. Steel and cement will require the most investment due to reliance on carbon capture. The report suggests targeted subsidies and technology transfers to achieve these goals, emphasizing the feasibility of...
ReadThe Times of India - Business (3 days ago)
China might permit yuan-backed stablecoins. This move aims to enhance the yuan's global presence. The State Council will review a plan to compete with US stablecoins. Leaders will discuss stablecoin adoption. Hong Kong and Shanghai are expected to lead local rollouts. Discussions on yuan and stablecoin usage may occur at the Shanghai Cooperation...
ReadThe Times of India - Business (3 days ago)
A Group of Ministers (GoM) has accepted a proposal to streamline the GST rate structure, reducing it from four slabs to two. The existing 12% and 28% rates would be eliminated, leaving standard rates of 5% and 18%. This reform aims to simplify the indirect tax system, provide relief to various sectors, and create a more transparent and...
ReadThe Times of India - Business (3 days ago)
Target's CEO, Brian Cornell, will step down in February, succeeded by COO Michael Fiddelke amidst company challenges. The leadership shift occurs as the retailer grapples with declining sales and a need to revive its reputation for affordable style. Fiddelke aims to improve merchandise selection, in-store experience, and technology investment.
ReadThe Times of India - Business (3 days ago)
A Group of Ministers (GoM) has accepted a proposal to streamline the GST rate structure, reducing it from four slabs to two. The existing 12% and 28% rates would be eliminated, leaving standard rates of 5% and 18%. This reform aims to simplify the indirect tax system, provide relief to various sectors, and create a more transparent and...
ReadThe Times of India - Business (3 days ago)
State Bank of India (SBI) analysis projects India's economy to grow robustly between 6.8% and 7% in the first quarter of fiscal year 2026, exceeding the RBI's 6.5% forecast. While Q1 shows strong performance, SBI anticipates a 6.3% GDP growth for the entire fiscal year, slightly below the RBI's 6.5% target.
ReadThe Times of India - Business (3 days ago)
Prime Minister Narendra Modi is set to inaugurate multiple infrastructure projects in Kolkata and Bihar. In Kolkata, new metro lines will be launched, improving connectivity and reducing travel times. Additionally, a major road project will ease congestion.
ReadThe Times of India - Business (3 days ago)
Russia's dominance in India's oil imports has reshaped trading dynamics, impacting smaller suppliers while Iraq, Saudi Arabia, and the UAE maintain significant positions. Despite pressure to reduce Russian imports, India continues the supply, with Russia now being the top supplier. This shift has marginalized suppliers from America and Africa,...
ReadThe Times of India - Business (3 days ago)
Ventura Securities predicts gold prices could reach $3,600 per ounce by year-end. This rally is due to economic issues and investment demand. Comex gold futures recently hit a high of $3,534.10. Global gold demand increased by 3 percent. Investment in gold ETFs is also strong. Younger buyers are choosing ETFs and digital gold. Central banks are...
ReadThe Times of India - Business (3 days ago)
Gold and silver price prediction today:Gold prices are currently dipping, testing a key support level of ₹97,000, while MCX Silver faces selling pressure after breaking support. Experts suggest a possible short-term gold bounce from ₹97,000, but caution is advised. Silver's outlook is bearish, with a crucial support level at ₹1,09,000.
ReadThe Times of India - Business (3 days ago)
Facing EU sanctions, Nayara Energy is utilizing dark-fleet tankers and limiting crude import options to maintain operations, raising concerns for India's energy security. The government has authorized coastal tankers and approved sanctioned vessels to assist Nayara. The refiner, crucial to India's market, now relies on Russian oil and special...
ReadThe Times of India - Business (3 days ago)
Top stock market recommendations: Aakash K Hindocha from Nuvama Professional Clients Group suggests a bullish outlook for Nifty and Bank Nifty, setting targets of 25250 and monitoring key levels for buying opportunities. Godawari Power, Amara Raja Energy & Mobility, and HDFC Life are top stock picks, showing promising momentum and potential for...
ReadThe Times of India - Business (3 days ago)
India is poised to ease visa restrictions for Chinese business professionals after a five-year hiatus, signaling improved bilateral relations. This move will allow executives from major companies like Xiaomi and Byd to enter India more easily. The relaxation aims to support Chinese companies operating in India and foster partnerships with Indian...
ReadThe Times of India - Business (3 days ago)
Federal Reserve officials expressed concerns over upside inflation risks outweighing employment worries, amidst disagreements on Trump's tariffs' economic impact. Minutes revealed divisions within the Federal Open Market Committee, with some members dissenting due to concerns about economic weakening and potential labor market damage. The labor...
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