N Chandrasekaran announced that he will not seek another term as chairman of Tata Sons after his current tenure expires. (Reuters file photo) N Chandrasekaran, who has decided to step down as Tata Sons chairman, told employees to ignore the speculation and conspiracy theories circulating over the group’s leadership transition. Earlier today, N Chandrasekaran announced…
Many investors invest in a mutual fund scheme based on its recent performance. The author is CEO of PaisabazaarRisk is unavoidable when investing in mutual funds. These risks may arise from market fluctuations, interest rate changes or the performance of the underlying assets held by the fund. While mutual funds carrying higher risk may experience…
Chandrasekaran assumed leadership of Tata Sons in 2017 during one of the most turbulent periods in the group’s history. (Reuters photo) N Chandrasekaran on Wednesday stepped down as chairman of Tata Sons, ending a tenure of nearly a decade during which he transformed the salt-to-software-to-SUV conglomerate by expanding its presence into emerging sectors such as…
Global energy markets continue to be affected by the twin impact of two major geopolitical conflicts. Russia has started importing gasoline from India for the first time as repeated Ukrainian attacks on its refineries have deepened fuel shortages in the domestic market. Global energy markets continue to be affected by the twin impact of two…
N Chandrasekaran’s exit ends nearly a decade at the helm of one of India’s most influential business groups. (Reuters photo) N Chandrasekaran’s decision to step down as Tata Sons chairman ends months of uncertainty surrounding his possible extension at the group. His current tenure ends in February 2027 and he will continue to serve his…
Technically, gold prices are near the breakout level of $4,400 with $4,490/$4580 as the next upside level. Gold price prediction today: Gold prices are seeing positive momentum, and while silver has outperformed gold so far this August, the profit taking risk is rising, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares…
Starting Nov 2024, Sebi had made several changes to the trading rules for F&O, including increasing margins and contract sizes. MUMBAI: New rules introduced by markets regulator Sebi to curtail excessive speculation and trading in the futures & options (F&O) segment have reduced aggregate losses incurred by retail investors during fiscal 2025-26, but per-investor loss…
AI could widen the pool of borrowers by allowing banks to use data beyond conventional financial histories MUMBAI: RBI governor Sanjay Malhotra said AI could do to lending decisions what UPI did to payments and urged banks not to sit on the sidelines as India is well-placed to adopt the technology because of its public…
Top stocks to buy today on August 12, 2026 Stock market recommendations: JSW Energy, Gujarat Mineral Development Corporation (GMDC), and IRCTC have been recommended by Mehul Kothari, DVP – Technical Research at Anand Rathi Shares as the top stocks to buy today on August 12, 2026:JSW ENERGY: Buy between Rs 570–560 | Stop Loss: Rs…
Gold prices are trading near multi-week highs on Wednesday as investors weigh competing signals from the US economy and the ongoing Middle East conflict. Spot gold was up 0.3% at $4,377.79 per ounce by 0055 GMT, after climbing to its highest level since June 5 in the previous session. The metal encountered technical resistance around…
Setty said the next phase of AI-led banking should move beyond retail banking and customers with established financial histories MUMBAI: Artificial intelligence could help banks expand credit to rural India, small businesses and farmers while improving risk assessment and productivity, SBI chairman CS Setty said at FIBAC 2026, but banks will have to strengthen cyber…
Despite the decline, equity oriented schemes recorded their 65th consecutive month of positive inflows in July NEW DELHI: Equity mutual fund inflows fell 42% year-on-year to Rs 24,697 crore in July, as investors turned more selective amid concerns over valuations and muted equity returns, though sustained SIP contributions continued to provide strong support to the…
Govt has set a target of supporting up to 45.8 lakh electric two-wheelers, with Rs 2,767 crore earmarked for the segment NEW DELHI: Govt has extended incentives for electric two-wheelers under the PM E-DRIVE scheme till March 31, 2028, while also working on a financing support mechanism to bring down borrowing costs for electric buses…
As entry-level 5G smartphones became more expensive, several brands reintroduced or extended 4G models to retain buyers at the lower end NEW DELHI: India’s cheapest smartphones are disappearing fast. Rising component costs have made sub-$100 (around Rs 9,000) devices increasingly unviable for manufacturers, while giving older 4G technology an unexpected lifeline as brands look for…
July was the 65th consecutive month in which equity-oriented schemes registered positive inflows. Equity mutual fund investments slowed in July as concerns over valuations and subdued equity returns made investors more selective. Inflows into equity-oriented schemes fell 15 per cent from the previous month to Rs 24,697 crore, according to data released by industry body…
Fitch projected India’s GDP growth at 6.4 per cent for the current financial year. Fitch Ratings on Tuesday reaffirmed India’s sovereign credit rating at ‘BBB-‘ with a stable outlook. This extends India’s unchanged rating at the lowest investment-grade level to a 20th consecutive year.“Fitch Ratings has affirmed India’s Long-Term Issuer Default Ratings (IDRs) at BBB-…
India’s net direct tax collections jumped 23.09% to Rs 8.11 lakh crore by August 10, 2026, up from Rs 6.59 lakh crore in the same period last year, data released by the income tax department showed.The latest figures put the increase in net tax receipts at Rs 1.52 lakh crore over the comparable period of…
Corporate earnings have consistently surpassed market forecasts, a trend welcomed by investors. US stock market today: Wall Street benchmarks traded close to record levels on Tuesday as investors awaited fresh inflation data, while oil prices remained volatile amid continued uncertainty over when the conflict with Iran would allow crude exports to resume freely.The S&P 500…
If an MDR is introduced in the future it will only be applicable to a limited category of merchant transactions with the rate being nominal Unified Payments Interface or UPI transactions have become an important backbone of the digital payments economy in India. With wide adoption and transactions running into several lakh crore every month,…
The Adani Group has consistently rejected the allegations, describing them as baseless. The criminal securities fraud case against Adani Group chairman Gautam Adani and his nephew Sagar Adani has been permanently dismissed by a US federal judge, bringing to an end nearly two years of prosecution without the matter going to trial.US District Judge Nicholas…
