US President Donald Trump addressed America’s affordability concerns at a campaign rally in Mount Pocono, Pennsylvania, on Tuesday, saying that the prices have come down “tremendously.” He moved to reassure Americans frustrated by high living costs and dismissed Democrat’s criticism over inflation as a “hoax”. The event was a shift from his usual arguments about…
NEW DELHI: The govt will run a pilot project to link the demand for subsidised fertiliser from farmers to the size of their farmland in order to prevent diversion, minister J P Nadda informed Rajya Sabha on Tuesday. The move is significant given the high use in farming of chemical nutrients, which is also affecting…
Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today are Hindustan Copper, Hindustan Petroleum, and Shaily.Hindustan Copper – Breakout Retest + Strong StructureBuy near: ₹360–₹340 | Stop Loss: ₹320 | Target: ₹410 | Time Frame:…
$20Bn New Threshold For Local IPOs, Says JP Morgan I Deals Worth $23-25Bn This Yr MUMBAI: New-age companies are revving up India’s hot IPO market which is set to close the year with an estimated $23-$25 billion worth of deals, higher than the tally of $21 billion last year, bankers at J P Morgan said…
Housed Under Grasim, Clean Energy Biz Valued At ₹14.6K Cr MUMBAI: BlackRock, one of the world’s largest asset managers, is set to invest Rs 3,000 crore in Aditya Birla Group’s renewable energy business for a minority stake. The business, housed under Grasim, has been valued at Rs 14,600 crore, highlighting the growing investor interest in…
MUMBAI: The sensex slid another 400-plus point on Tuesday, taking the total loss in the index to over 1,000 points in just two days. The delay in concluding the US-India trade deal, a weak rupee and foreign fund selling weighed on investor sentiment that pulled the markets down, brokers and dealers said.The sensex opened in…
MUMBAI: State Bank of India is preparing to hire nearly 1,000 specialists in wealth management as customers show a growing preference for investment products over plain savings. The recruitment, announced through an advertisement for Specialist Cadre Officers, covers relationship managers and customer relationship executives, across major commercial centres such as Mumbai, Bengaluru, Chennai and Delhi….
MUMBAI: RBI governor Sanjay Malhotra on Tuesday asked bank chiefs to use technology to cut down intermediation costs so as to work with lower spreads and support sustainable growth. At the same time, he asked banks to guard against the growing number of digital frauds by using intelligence-driven safeguards.Malhotra met with the managing directors and…
Singapore’s Temasek, a global investment firm, has committed $50 billion to India and plans significant expansion in the coming years. Chairman Teo Chee Hean met with Finance Minister Nirmala Sitharaman, outlining focus areas including financial services, consumer markets, healthcare, technology, manufacturing, and renewables. Discussions covered broad investment opportunities across India. NEW DELHI: Temasek, a global…
Intel CEO Lip-Bu Tan met Prime Minister Narendra Modi, pledging the chip giant’s support for India’s Semiconductor Mission. Tan lauded the government’s comprehensive policy for semiconductor design and manufacturing. Prime Minister Modi expressed confidence that Intel’s involvement will foster an innovation-driven future for India’s youth, creating a robust electronic component ecosystem. NEW DELHI: US computer…
