India’s merchandise exports touched $37.24 billion in July, marking a 7.29% increase from $34.71 billion a year earlier, according to government data released Thursday. The trade deficit for the month came in at $27.35 billion.Imports rose 8.6% year-on-year to $64.59 billion in July, PTI reportedCumulatively, in April–July 2025-26, exports grew 3.07% to $149.2 billion, while […]
US wants deeper Pakistan trade ties: Trump administration eyes critical minerals, hydrocarbons; move after ‘massive oil reserves’ pitch
The US government has expressed its eagerness to enhance collaboration with Pakistan. US President Donald Trump’s government is looking to deepen its economic ties with Pakistan at a time when trade deal talks with India remain stalled. The US government has expressed its eagerness to enhance collaboration with Pakistan in the fields of critical minerals […]
ITR filing FY 2024-25: Don’t make the mistake of not reporting tax exempt incomes such as PPF, gratuity; here’s why
But many taxpayers make the mistake of not mentioning exempt incomes in their income tax return. (AI image) ITR filing FY 2024-25: PPF interest is tax free. So is the interest coming from tax free bonds. The maturity proceeds of life insurance plans are also exempt from tax. But while the taxman lets you pocket […]
Generative AI adoption surge: Banking sector set for efficiency leap by nearly 46% – RBI report
Generative Artificial Intelligence (AI) could enhance banking operations in India by as much as 46%, according to a Reserve Bank of India (RBI) report. As per news agency ANI, the central bank said AI could help financial institutions better understand customers, operate more efficiently, and deliver personalised services at scale.“GenAI is poised to improve banking […]
Credit-to-deposit ratio in Indian banks stays under 80%; loan growth trails deposits: Report
India’s credit-to-deposit ratio remains under 80% as lending growth continues to trail deposit inflows, according to a report by CareEdge Rating. According to news agency ANI, while both credit offtake and deposits have grown sequentially, the pace is slower than last year, narrowing the gap between the two.The report stated, “Credit to Deposit Ratio Remains […]
Stock market today: Nifty50 opens in green; BSE Sensex near 80,600
Analysts anticipate the market to remain range-bound, with domestic-facing themes expected to prevail. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Thursday. While Nifty50 was above 24,600, BSE Sensex was near 80,600. At 9:33 AM, Nifty50 was trading at 24,619.65, up marginally. BSE Sensex was […]
Crypto surge: Bitcoin hits record high, smashing past $124,000; Trump policies, Wall Street rally drive rise
Bitcoin surged to a fresh all-time high in early Asian trade on Thursday, crossing $124,000 for the first time, supported by upbeat US market sentiment and policy changes favouring the cryptocurrency sector.According to AFP, the world’s largest digital asset briefly touched $124,500 before easing back, breaking its previous record set in July. The rally came […]
Top stocks to buy today: Stock recommendations for August 14, 2025 – check list
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Force Motors, Maruti Suzuki, and MCX are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for August 14, 2025:Index View: […]
Buy or sell: Stock recommendation by brokers for August 14, 2025
Motilal Oswal Financial Services has upgraded Bharat Dynamics to buy from neutral with an unchanged target price of Rs 1,900. Analysts said the stock’s valuation is turning reasonable. During the April-June quarter (Q1), Bharat Dynamics delivered strong 30% annual growth in execution on the back of a strong order book and the easing of supply […]
Rs 50k to Rs 15k: ICICI bank rolls back min account balance rule
MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said […]