Latest News, Updates & Breaking Headlines
Asian shares paused their recent rally on Thursday as investors positioned for month- and quarter-end flows, while the Japanese yen weakened to fresh lows against the euro and the Swiss franc surged amid currency market volatility.Oil prices slipped after climbing over 2% overnight to seven-week highs, following a surprise drop in US crude inventories that…
MUMBAI: Walmart’s PhonePe has filed draft IPO papers though Sebi’s confidential route, gearing up for a potential $1.2-1.3 billion (Rs 10,000-12,000 crore) listing early next year.The IPO which has been in the works for some time will be an offer for sale (OFS) meant to give exit to investors. PhonePe’s investors Tiger Global and Microsoft…
MUMBAI: GST reforms, coupled with a five-quarter high GDP growth, have positioned the Indian economy for a sustained period of expansion, RBI’s ‘State of the Economy’ report released on Wednesday showed. The report presents an optimistic outlook for second half (H2) of the fiscal year, suggesting that robust domestic drivers are set to overcome global…
NEW DELHI: Finance minister Nirmala Sitharaman on Wednesday said that outcome of GST Appellate Tribunal (GSTAT) must be straightforward with reduced legal frictions, greater simplicity, and should be proactively addressing delays in litigations to ensure better cash flow.“Until now, taxpayers had to navigate different product clarifications on various state interpretations, leading to delays and locked-up…
MCX Gold is currently exhibiting a strong and sustained uptrend, supported by clear technical evidence on the charts. (AI image) Gold and silver price prediction today: Gold prices are likely to continue their strong bullish momentum, and silver too will maintain its stealth trend, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients…
Experts note that currency depreciation and global challenges, including India-US trade negotiations, may restrict market movement. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Thursday. While Nifty50 was above 25,050, BSE Sensex was above 81,700. At 9:20 AM, Nifty50 was trading at 25,057.50, up…
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: NTPC, Bank of Baroda, and Aadhar Housing Finance Ltd. Here’s his view on Nifty, Bank Nifty and the top stock picks for September…
Goldman Sachs upgraded Maruti Suzuki to buy with the target price raised to Rs 18,900. Analysts said the stock price upgrade was to factor in a potential pickup in market for entry level cars post GST cuts and price changes, resumption of new model launches after a gap of 2.5 years with Victoris SUV and…
MUMBAI: Lenders are playing it safe, borrowers are being cautious, and fewer youngsters are seeking credit going by trends in Q1FY26, a report by credit bureau TransUnion Cibil showed.The report, which analyses credit trends for the June quarter, said portfolios are tilting towards secured lending, with collateral-backed loans growing faster than consumption-led credit. In the…
MUMBAI: The National Company Law Tribunal cleared the merger of Piramal Enterprises with its wholly owned arm, Piramal Finance, on Sept 10, marking a plan that places the financial services business under Anand Piramal, son of group chairman Ajay Piramal. Anand will take over as chairman of Piramal Finance, the merged entity.Ajay Piramal will continue…
