AI is becoming a part of finance but governance has to catch up What if your next financial advisor is an AI?You could ask how much tax you owe, whether a particular investment is too risky, whether you can afford a home loan, or which financial product suits your needs.For companies, the questions get bigger:…
India’s chip story enters next phase India is likely to have five to six semiconductor projects in commercial production by the end of 2026, marking the next phase in the country’s efforts to build a semiconductor ecosystem, MeitY secretary S Krishnan said on Tuesday.Speaking at a press conference to announce the fifth edition of Semicon…
The measures are being considered as sugar prices have surged ahead of the peak festival season (representative image) India is considering a series of measures, including limited duty-free sugar imports and tighter stockholding limits for bulk traders, to boost domestic supplies and rein in record sugar prices, government and industry sources said on Tuesday, according…
Indian currency notes. Photo credit: Reuters MUMBAI: The US banknote, the most ubiquitous currency in the world used in everything from drug deals to legally accepted tender in multiple countries, falls short of the rupee when it comes to circulation numbers. RBI deputy governor Shirish Chandra Murmu said there are three times as many rupee…
For Indian ships, the Arctic route could reduce the sailing distance by as much as 40%. (Image for representative purpose) In an important move, India may look to send its first cargo ship via the Northern Sea Route (NSR) to Russia next year. Russia’s Arkhangelsk region has held discussions with New Delhi on ways to…
India exported around $380 million worth of quartz surface products to the US in FY26. As the Donald Trump administration continues to find ways to impose tariffs, India has approached the World Trade Organization (WTO) seeking consultations with the US over Washington’s tariff-rate quota on imports of quartz surface products. The measure took effect on…
Spot gold is expected to trade with a positive bias in the short run on reduced rate hike possibility. Gold price prediction today: Gold prices are likely to trade with a positive bias in the near-term and buying on dips is the recommended strategy, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Gold…
Rupee weakens against US dollar Rupee continued its fall against the US dollar on Tuesday, falling 7 paise to 95.68 in early trade as elevated crude oil prices and steady demand for the greenback weighed down the currency.Rupee had already lost 19 paise in the previous session, closing at 95.61 against the dollar on Monday….
Indian equities face a mix of domestic and global factors, with crude oil prices, foreign fund flows, currency movements and developments in global markets likely to remain key areas of focus. The trajectory of oil prices could remain important for investor sentiment, particularly as elevated energy costs have already featured prominently in market commentary. Investors…
Top stocks to buy today on August 18, 2026 Stock market recommendations: Mphasis, Supreme Industries, United Spirits, and Kfin Technologies are the top stocks to buy that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan has recommended for August 18, 2026:Buy Mphasis at CMP; Stop Loss: Rs 2415 on a closing basis; Target: Rs…
Prisma Global’s bond offering draws strong investor response, expanding India’s AI companies’ access to debt markets MUMBAI: A Rs 50-crore bond offering, at an interest rate of 10% for a two-year tenure, opened for subscription on Monday, and was fully subscribed within the first hour. By 3pm the issue was subscribed nearly eight times. There…
Government approves 31 more ECMS applications, attracting proposed additional investments of Rs 7,877 crore NEW DELHI: Govt has approved another 31 applications, involving proposed additional investments of Rs 7,877 crore under the Electronics Components Manufacturing Scheme, or ECMS. The projects will manufacture products, including printed circuit boards, camera modules, optical transceivers, electronic enclosures and materials…
Colgate-Palmolive India signals further pricing action to offset commodity inflation. Photo credit: ANI MUMBAI: Colgate-Palmolive India on Monday signalled that the company may take more price hikes in the coming quarters to protect margins as firms across sectors continue to tackle commodity inflation triggered by the West Asia war. Inflation will be an issue, the…
FM Nirmala Sitharaman. Photo credit: ANI NEW DELHI: Govt will “soon” announce the high-level committee on banking reforms, finance minister Nirmala Sitharaman said on Monday at the conclave of 12 public sector banks (PSBs) and public financial institutions, while lauding the sector’s improved asset quality. She also emphasised that the future of banking must “reflect”…
Sebi chairman Tuhin Kanta Pandey MUMBAI: Markets regulator Sebi is open to making changes to the closing auction session (CAS) system, but it will not abandon it completely, Tuhin Kanta Pandey, chairman, Sebi said Monday. The top markets regulator also said that currently Sebi officials are analysing trading data for CAS, and are also going…
N Chandrasekaran will step down as chairman of Tata Sons when his current term ends on February 20, 2027, wrapping up a nine-year tenure that transformed the scale and breadth of one of India’s most influential conglomerates but ended with a standoff with Tata Trusts Chairman Noel Tata over his reappointment. MUMBAI: Tata Sons will…
Tata Power and IIT Bombay partner to develop and commercialise next-generation clean energy technologies. MUMBAI : Tata Power and the Indian Institute of Technology Bombay (IIT Bombay) have signed a Master Research Agreement (MRA) to jointly accelerate the development, scaling and commercialization of next-generation energy technologies and clean energy solutions.The agreement was signed at the…
Tata Power Renewables launches CREAMS, a 24×7 digital command centre to monitor and optimise its solar and wind assets nationwide. MUMBAI: Tata Power Renewables has launched its state-of-the-art Centre for Renewable Energy Analytics, Monitoring & Scheduling (CREAMS) at the company’s Trombay plant on August 20, highlighting a facility that is among the most advanced centralised…
IIT Kharagpur assessment flags weak, highly plastic soil and drainage issues as key causes of premature failures on the Lucknow-Kanpur Expressway. NEW DELHI: Use of weak and highly plastic soil beneath the Lucknow-Kanpur Expressway appears to be one of the main reasons for premature failures (slippage) on one of its stretches, an expert assessment has…
Bombay HC orders FDA to pay Rs 5 lakh to Pune dairy retailer, allows business to reopen after 98% compliance. MUMBAI: Bombay high court on Monday directed the Food and Drugs Administration (FDA) to pay a Pune based dairy and sweets retailer Rs 5 lakh towards”losses” for not revoking the suspension of its food licence…
