China is creating a new licensing system to make rare earth exports faster and easier. However, the country has given no sign that it will remove the restrictions put in place in April, falling short of meeting US President Donald Trump’s hopes of a full rollback.The ministry of commerce told some exporters that they will…
Why did the Income Tax Department send Aishwarya Rai Bachchan a tax notice, what was the assessing officer’s rationale? Well known actor Aishwarya Rai Bachchan has recently won a case against the Income Tax Department – a Rs 4 crore case relating to disallowance of income. On October 22, 2022, Aishwarya Rai Bachchan, declared a…
Gold futures surged on Friday, lifting the metal into its third straight session of gains as traders reacted to weak US economic data that boosted expectations of an imminent interest rate cut by the Federal Reserve. On the Multi Commodity Exchange (MCX), the December gold contract rose by Rs 520, or 0.43%, to settle at…
Pine Labs has opened its initial public offering (IPO) for public subscription from Friday, aiming to raise Rs 3,900 crore. The three-day issue will close on November 11.The IPO consists of two components: a fresh issue of Rs 2,080 crore and an offer for sale worth Rs 1,820 crore. Shares are being offered in a…
rThe wave of layoffs sweeping across the United States intensified in October, with more than 153,000 positions eliminated, the highest total for the month in 22 years, according to Challenger, Gray & Christmas.The consultancy, cited by CBS News, reported that employers have now disclosed almost 1.1 million job cuts since January. No year has seen…
China’s latest trade data shows exports fell in October, following months of front-loading US-bound orders to get ahead of President Donald Trump’s tariffs, with the sharp drop in shipments to the United States. The figures highlight China’s continued reliance on American buyers even as it tries to grow other markets.Government data published on Friday show…
Finance minister Nirmala Sitharaman MUMBAI: Finance minister Nirmala Sitharaman said Thursday that India needs many large, world-class banks, and this will require close consultation with the RBI and the banks themselves and work on this has already begun.“We will have to discuss with RBI its ideas on building larger banks and also engage with banks…
Mumbai: To combat the growing instances of online investment-related scams, markets regulator Sebi on Thursday said it has reached out to major social media platforms and internet search engines to put in place robust mechanisms to prevent misuse of their platforms. Lately Sebi has doubled down on its efforts to make it safer for existing…
Asian stock markets slipped on Friday as tracking Wall Street losses, as a weak stream of US economic data and uncertainty over future interest rate moves weighed down investor confidence.Hong Kong’s HSI dipped 241 points to 26,244. Kospi reached 3,929, falling 96 points or 2.4%. Japan’s Nikkei also fell 1.7% or 905 points. Shenzhen, meanwhile,…
Mumbai: Sebi chairman Tuhin Kanta Pandey on Thursday said that the regulatory body doesn’t decide the price at which a company offers its shares in a public offer, and it’s the market that decides the share price. This has been the regulator’s stance for years. Recently, there was a huge social media uproar over Lenskart’s…
Mumbai: Pastel Ltd, an investment arm of Singtel of Singapore that holds 8.3% stake in telecom services major Bharti Airtel, has mandated JP Morgan India to sell 0.8% stake in the company for at least Rs 10,350 crore (about $1.2 billion) through block deals on Friday.According to the deal’s term sheet , the Singtel arm…
Gold futures on MCX traded near ₹1,20,880, showing signs of recovery after witnessing pressure in the previous session. (AI image) Gold price prediction today: Gold prices are showing some initial signs of recovery and investors should adopt a buy on dips strategy, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here…
Rotorua, New Zealand: India hopes to sign a free trade agreement (FTA) with New Zealand soon and the two countries are aiming to seal a pact which balances the interest of the two nations, commerce and industry minister Piyush Goyal said on Thursday.Goyal, who is leading a large delegation of businessmen on his four-day visit…
Market analysts indicate that the current phase shows consolidation with a downward tendency. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday on weak global cues. While Nifty50 went below 25,400, BSE Sensex was down over 450 points. At 9:19 AM, Nifty50 was trading at…
Top stocks to buy (AI image) Stock market recommendations:According to Bajaj Broking Research, the top stock picks for November 7, 2025 are Manappuram Finance, and Dabur India. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark indices extended its corrective consolidation for the third week in a row. Investors stayed on the sidelines, tracking…
MUMBAI: Life Insurance Corporation of India (LIC) reported a 31.9% rise in net profit to Rs. 10,053 crore for the quarter ended Sept 30, 2025, compared with Rs. 7,621 crore in the same period last year, driven by higher premium income, stronger investment returns, and lower operating costs.Total income grew 4.4% to Rs. 2,39,614 crore…
US President Donald Trump on Thursday (local time) said that trade talks with India are “going good” and signalled that he might visit the country next year.Addressing reporters at the White House, Trump again shifted focus to the issue of Moscow’s crude oil, stating, “They are going good, he stopped buying oil from Russia largely….
Morgan Stanley has an equal-weight rating on SBI with the target price raised to Rs 1,025. Analysts said the key positive from SBI’s July-Sept (Q2FY26) results was a 5% higher net interest income (NII) over analysts’ estimates and strong fees. Its profit after tax (PAT, pre-exceptional gain) was 15% above estimates, while asset quality remained…
MUMBAI: From a YouTube channel once to a public listing later this month, PhysicsWallah is set to launch India’s first IPO by a major ed-tech company in years. With low-priced courses and a strong social media community built over the years-thanks in parts to wide internet penetration and cheap data packs, the startup founded by…
MUMBAI: FM Nirmala Sitharaman on Thursday urged banks to ensure that customers can get service in branches while speaking in the local language and called upon lenders to tweak HR policies to give weightage to local language proficiency during appraisals.She asked banks to restore the human connect in customer service, insisting that technology must complement,…
