The move comes at a time when the US-Iran conflict has impacted several industries and thrown fresh light on India’s imports-driven supply chain vulnerabilities. Building a deep manufacturing base spread across multiple sectors is emerging as a cornerstone of India’s strategy to future proof itself against supply chain disruptions caused by geopolitical disruptions. Reports suggest…
What’s in your latest beauty haul?A PDRN shot? A retinol night cream? Niacinamide foundation tint? Maybe a sunscreen that’s SPF 50 PA++++ because Instagram told you anything less is a crime against your skin.Not too long ago, beauty looked very different. A “12-step skincare routine” would’ve probably lasted… 12 days. A cold cream, talcum powder,…
Within manufacturing, 19 of the 23 industry groups recorded positive year-on-year growth in June 2026. IIP data: Industrial production expanded by 7.3% in June, up from 5% in May, driven primarily by stronger manufacturing activity and robust growth in the electricity and gas supply segment. The June data marks the third monthly release of the…
Instamart CEO Amitesh Kumar Jha resigns NEW DELHI: Swiggy-owned quick commerce platform Instamart will have a new chief executive, with Nandita Sinha set to take over as CEO from August 3, following the resignation of Amitesh Kumar Jha.The leadership change was disclosed in a regulatory filing on Tuesday. Jha has stepped down to pursue opportunities…
Govt said insurance claims cannot be rejected solely for E20 usage NEW DELHI: Using E20 (20% ethanol-blended) petrol cannot be a reason for an insurance claim to be rejected, according to the ministry of petroleum and natural gas.The clarification comes with BJP recently sharing a post on X urging consumers to “use E20 without any…
So far this month, the KOSPI has fallen 29%, surpassing its previous record monthly decline of 27% recorded in October 1997. South Korean equities suffered their steepest one-day decline in nearly five months on Tuesday, with the benchmark KOSPI sliding almost 11% as a global rout in semiconductor stocks battered SK Hynix and Samsung Electronics….
Gold price prediction today: Gold prices are rising but are still not out of the woods, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
Oil prices dropped more than $1 per barrel amid hopes of easing US-Iran tensions Oil prices extended losses on Tuesday, dropping more than $1 per barrel as hopes of a diplomatic breakthrough between the United States and Iran eased concerns over disruptions to global energy supplies.Brent crude futures fell $1.47, or 1.66%, to $86.89 a…
Stock market recommendations: REC Ltd, Wipro, LIC Housing Finance, and LTM – these stocks have been identified by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan as the top stocks to buy on July 28, 2026:REC Ltd: Buy in the range of Rs 367-368; Stop Loss at Rs 740; Target: Rs 810On the weekly…
Indian benchmark indices opened marginally lower on Tuesday, with the Sensex slipping about 4 points to 76,831.75 and the Nifty 50 falling nearly 25 points to 23,971.25, as investors stayed cautious ahead of the US Federal Reserve’s policy decision and tracked global market cues. Source link
Tata Sons posted a 22% jump in profit in FY26 MUMBAI: Tata Sons posted a 22% jump in profit in FY26, lifted by gains from the listing of Tata Capital – even as its chairman N Chandrasekaran faces a crucial annual general meeting over his future at the conglomerate.Net profit at the holding company of…
File photo: Reserve Bank of India (RBI) Governor Sanjay Malhotra (Picture credit: Reuters) MUMBAI: The rupee strengthened sharply on Monday, closing at 95.91 against the US dollar, up 66 paise from its previous close, after RBI governor Sanjay Malhotra signalled that the domestic currency was undervalued and highlighted robust foreign currency inflows.The central bank’s supportive…
Beijing accused US artificial intelligence firms Monday of using Chinese examples to train their models, days after Washington threatened sanctions on Chinese firms for allegedly stealing American technology.“It is understood that many American artificial intelligence enterprises have distilled Chinese models during their research, development and training processes,” the Chinese commerce ministry said in a statement.Distillation…
BENGALURU: Canara Bank plans to raise $2.3-2.5 billion through foreign-currency deposits under RBI’s FCNR(B) deposit swap window, its MD and CEO Brajesh Kumar Singh told TOI.The bank has already mobilised around Rs 7,300 crore through the scheme in July. Canara Bank’s loan book grew nearly 18% in the June quarter, outpacing the 11.6% increase in…
NEW DELHI: The Centre has permitted Reserve Bank of India to print 2 billion pieces of polymer notes initially for field trials, govt informed Parliament on Monday.Minister of state for finance Pankaj Chaudhary told the Lok Sabha that the one billion pieces each of Rs 10 and Rs 20 notes, which are hard to find,…
MUMBAI: Bond markets need more depth and not just scale so that more enterprises can access market-based finance as the bank-led model will not be sufficient to meet future financing needs, RBI deputy governor Rohit Jain said. He emphasised that this will require more discerning investors to assess levels of risks.“A wider range of enterprises…
MUMBAI: A recent data leak following a cyberattack reported by Bank of Baroda pertained to information in one employee’s email account and that the bank’s systems were robust and unaffected, the bank said.“The bank has robust information security protocols in place. The incident involved compromise of an employee’s email account, resulting in unauthorised access to…
The review found instances of “business overreach” but no evidence of mala fide intent or personal gain MUMBAI: HDFC Bank’s board on Monday imposed a penalty of Rs 1 lakh each on managing director & CEO Sashidhar Jagdishan, chief financial officer Srinivasan Vaidyanathan and group head of retail assets Arvind Vohra, and also issued warning…
The board also issued warning letters to the other employees involved in the case. HDFC Bank’s board has imposed a monetary penalty of Rs 1 lakh each on its three senior-most executives – Managing Director and Chief Executive Officer Sashidhar Jagdishan, Chief Financial Officer Srinivasan Vaidyanathan and Group Head (Retail Assets) Arvind Vohra. The penalty…
Global equity markets mostly traded higher as easing tensions between the US and Iran triggered a sharp decline in oil prices. US stock market today: US stocks opened higher on Monday while oil prices tumbled after the United States and Iran suspended military action and resumed efforts to restart negotiations aimed at ending the conflict….
