MSCI has announced the inclusion of four Indian companies in its Global Standard index, a move expected to draw a combined $1 billion in passive inflows. The new constituents are Vishal Mega Mart, Swiggy, Hitachi Energy India, and Waaree Energies, while Sona BLW and Thermax will be removed, the index provider said in a statement…
Donald Trump (File photo) A sweeping executive order signed by US President Donald Trump on Thursday has paved the way for 401(k) accounts to include private equity, cryptocurrency, and other alternative assets as retirement saving option.A 401(k) is a tax-advantaged retirement savings plan where employees can defer part of their salary, often with employer contributions,…
Market experts anticipate sideways trading, influenced by US-Russia diplomatic negotiations, India’s stance on US tariffs and corporate earnings trends. Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday as Donald Trump’s 50% tariffs on India and its likely impact on exports and economy hit sentiment. While Nifty50…
Asia’s richest man Mukesh Ambani has once again chosen to draw no salary from Reliance Industries, the oil-to-telecom-to-retail giant he heads, for the fifth consecutive year. Instead, dividend payouts remain his primary source of income, according to a PTI report.According to the latest annual report of Reliance Industries, Ambani, 68, received ‘nil’ salary, allowances, perquisites,…
Top stocks to buy today (AI image) Stock market recommendations: According to Bajaj Broking Research, JSW Energy, and Hindustan Aeronautics (HAL) are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for August 8, 2025:Index View: NIFTYBenchmark indices experienced high volatility with a corrective bias, as…
Shares of Intel tumbled down on Thursday after US President Donald Trump called for the company’s chief executive to resign, citing alleged conflicts of interest involving ties to China.The INTC was trading at $19.77, down 0.6 points or 3.1% at 10:53 PM IST.“The CEO of Intel is highly CONFLICTED and must resign, immediately,” Trump wrote…
Goldman Sachs has a buy rating on Bajaj Auto with the target price at Rs 9,500. Analysts said that the company’s April-June (Q1) quarter was in-line. However, they feel rare earth shortages are likely to impact E2W and E3W sales with Bajaj Auto expecting 50-60%/70-80% planned production for E2W/E3W in the current quarter. And a…
File photo: Ex-Niti Aayog CEO Amitabh Kant (Picture credit: PTI) Former G20 Sherpa and ex-Niti Aayog CEO Amitabh Kant has called the steep hike in US tariffs on Indian goods a “once in a generation opportunity” for India to push forward with long-pending economic reforms.Reacting to US President Donald Trump’s decision to double duties on…
NEW DELHI/MUMBAI: Having worked out a three-way split of 25% US reciprocal tariffs that kicked in on Thursday, Indian exporters are rushing shipments ahead of the Aug 27 deadline, when Donald Trump’s “secondary sanctions” on India will double the customs duty to 50%.“We are advancing the shipments and planning to ship goods for the four…
Bengaluru: As AI-driven efficiency gains increasingly impact deal wins, triggering steeper rate cuts, the 25% additional tariffs imposed by US President Donald Trump pose a double whammy to India’s IT sector. Even as the sector anticipated greater trade clarity by Aug-a development expected to boost US consumer spending-the announcement of an additional 25% tariff now…
