India’s retail inflation may rise to 5.47% in September as food prices climb: UBI Retail inflation moved closer to the Reserve Bank of India’s upper tolerance limit of 6 per cent in September, rising to 5.54 per cent from 4.83 per cent in August as food prices recorded a sharper increase. Food inflation climbed to…
The report further suggested that banks could set aside around 3% of the funds that CASA depositors forgo through lower interest earnings. With a Merchant Discount Rate (MDR) on merchant UPI transactions being announced above Rs 2,000, professors at IIT-Bombay have come out with a report proposing reducing the MDR to 0.08% from 0.40%.The report’s…
Global stock markets opened on a mixed note on Monday as investors braced for the earnings season. South Korea’s benchmark index fell 2.2%, while Taiwan’s shares slipped 0.5%. MSCI’s broadest index of Asia-Pacific shares excluding Japan declined 0.3%, while China’s blue-chip index edged up 0.1%. In the US, S&P 500 futures rose 0.3% and Nasdaq…
Top stocks to buy in October 12, 2026 week Stock market recommendations: ICICI Lombard General Insurance, and Nykaa are the top stocks that Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities has picked for buying for the October 12, 2026 week. Let’s take a look at his rationale and views on Nifty and…
ICF has said in the past that its 24-car Vande Bharat sleeper will be one of the longest sleeper trains being produced in India. After rolling out 16-coach Vande Bharat sleeper trains, Indian Railways is now eyeing a 24-coach train set that will cater to longer distance overnight journeys. The Integral Coach Factory (ICF) Chennai…
NEW DELHI: Sunil Bharti Mittal, Bharti Enterprises founder and chairman, has been named a Chevalier de l’Ordre national de la Légion d’Honneur (Knight of the National Order of the Legion of Honour) by French President Emmanuel Macron.Established in 1802 by Napoleon Bonaparte, the Légion d’Honneur is the highest civilian award bestowed by the French Republic….
Importantly, underlying investment demand for bullion remains strong, with inflows into gold-backed ETFs reaching a four-year high Gold price prediction today: Gold prices are recovering, but are continuing to see pressure due to global factors, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Here’s his analysis:Gold enters the week Rs…
The rupee has recovered sharply following the RBI’s announcement. RBI has record forex reserves, but why is rupee still not out of the woods?The rupee gained a stunning 1% at the start of trading on Monday after the Reserve Bank of India (RBI) eased pressure on the currency by shifting oil companies’ dollar purchases away…
In 1999, five landowners decided to develop their property into an IT park and SEZ zone. (Image for representative purpose only) What constitutes tax avoidance? In a recent ruling, five Bangalore landowners have secured relief from ITAT in an income tax dispute over alleged undisclosed rental income.They established that the building belonged to their partnership…
Russian diesel supplies ease market concerns. Oil prices fell on Monday as expectations of additional Russian diesel supplies and a possible halt to attacks on energy facilities in the Russia-Ukraine conflict eased some concerns over supply. However, continued tensions in the Middle East kept Brent crude above $100 a barrel.Brent crude futures fell $1.54, or…
