Market experts recommend a prudent and balanced strategy as a week of significant macroeconomic developments approaches. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday. While Nifty50 was above 24,500, BSE Sensex was up over 300 points. At 9:22 AM, Nifty50 was at 24,518.50, up…
The HSBC report indicated that substantial domestic demand continued to support significant increases in factory orders. (AI image) In a big boost for the Indian economy, the manufacturing sector Purchasing Managers’ Index (PMI) rose to a 17.5-year high in August.The manufacturing sector demonstrated increased growth in August, with PMI rising to 59.3 from July’s 59.1,…
US celebrates labour day on September 1 (Representative AI image) Labor Day, observed on the first Monday in September, honors the American labor movement and the millions of workers who power the US economy. This year, the holiday falls on September 1, and while it offers a long weekend for many, it also means some…
The rupee’s trajectory has become a key concern for financial markets. Banks have reduced trading exposures, while numerous importers with large unhedged positions are facing losses. Corporates engaged in over-the-counter forex derivative transactions, anticipating stable rupee levels, are reportedly worried as the currency crosses 89. The financial sector remains uncertain whether the Reserve Bank of…
Peter Navarro (File photo) US President Donald Trump’s advisor Peter Navarro renewed his criticism of India, accusing the country of indirectly funding Russia’s war in Ukraine through discounted oil purchases—and claiming that Brahmins are profiting at the expense of Indians.“Look, Modi’s a great leader. I don’t understand why he’s getting into bed with Putin and…
Kotak has upgraded Clean Science to buy from reduce with the target price at Rs 1,370 from Rs 1,380 earlier. Analysts feel the risk-reward ratio is now favourable for the stock. The stock fell over 20% in just a month following the founding family’s 24% stake sale, which is now concluded. Analysts now find risk-reward…
MUMBAI: As scores of Amazon and Flipkart sellers prepare for the upcoming festive season, which accounts for a huge chunk of their annual sales, there’s lack of clarity and confusion on the ground about the compliance challenges that the rejigging of GST slabs could possibly bring forth. For one, some sellers are worried that the…
Reserve Bank of India Deputy Governor M Rajeshwar Rao on Sunday flagged off a walkathon on cyber security awareness at Sukhna Lake here, stressing that banking services, especially digital platforms, are designed for public convenience and must be used responsibly.The walkathon, organised by the Bankers’ Club, Chandigarh, saw enthusiastic participation from bankers across the region,…
The Gems and Jewellery Export Promotion Council (GJEPC) has urged the Centre to announce immediate relief measures after the United States imposed 50 per cent tariffs on Indian goods, a move that exporters say has started hurting the $40 billion industry.The penal duties, which came into effect on August 27, have already disrupted shipments to…
Bank Holidays September 2025: For those looking to avail banking services on specific days in the upcoming month, it is important to note that several bank holidays could lead to extended weekends in some states. Planning ahead for your financial and branch-related work is advisable to avoid any inconvenience. All banks across India — both…
