Banking operations across India will be closed on August 15 for Independence Day, while several states will also see a shutdown on August 16 for Janmashtami, followed by regular Sunday closure, creating an extended weekend of limited banking services from August 15 to 17.Banks in Manipur will also remain closed on August 13, 2025 to […]
US SEC has not yet served summons on Gautam Adani, nephew Sagar Adani in India; here’s why
The American regulatory body had initiated legal proceedings against the industrialists and their organisation a few months ago. (AP file photo) The US Securities and Exchange Commission (SEC) has not yet delivered legal summons to Adani Group chairman Gautam Adani and Sagar Adani, his nephew. The American regulatory body had initiated legal proceedings against the […]
Trump’s ‘critical’ move on Pakistan? US step on BLA may aim at America mining rare earths; how will China react?
It seems Pakistan has successfully persuaded the Trump administration that controlling BLA is crucial for accessing “critical minerals” in the region. (AI image) The Donald Trump administration’s move to recognise the Baloch Liberation Army (BLA) as a Foreign Terrorist Organisation (FTO) may have its reasons rooted in a desire to mine rare earth deposits in […]
‘In-principle’ authorisation: Paytm gets RBI nod to operate as online payment aggregator ending onboarding freeze; shares hit 52-week high with 5% surge
Paytm shares surge after RBI authorisation NEW DELHI: Paytm Payments Services has secured approval from the Reserve Bank of India to function as an online payment aggregator, according to a regulatory filing by its parent organisation One 97 Communications on Tuesday.This approval lifts the restrictions placed on Paytm Payments Services Limited (PPSL) regarding new merchant […]
Gold price prediction today: Where are gold rates headed in the near-term? Here’s the outlook
Gold price prediction: Spot Gold could continue to find resistance in the zone of $ 3,385 – 3,410 per oz (CMP USD 3,350/oz) on the higher side. (AI image) Gold price prediction today: Upside in gold rates is expected to be limited with the US-China 90-day trade truce extended and other developments on the Trump […]
Stock & Barrel: Zerodha’s Nikhil buys 5% stake in SRK’s spirits co
MUMBAI: Zerodha co-founder and billionaire investor Nikhil Kamath has invested in film actor Shah Rukh Khan‘s spirits business, increasing his involvement in the country’s alcobev sector following his stake purchase in India’s fourth-largest liquor player Radico Khaitan. Kamath owns 5% of D’yavol Spirits, founded by Shah Rukh and his son Aryan Khan. He also holds […]
Top stocks to buy today: Stock recommendations for August 13, 2025 – check list
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Intellect Design, Diffusion Engineers, and Sumitomo Chemical are the top stocks to buy today:Intellect Design – 50% Retracement + Oversold RSIBuy near: ₹930–₹910 | Stop Loss: ₹770 | Target: ₹1,200After making […]
Rupee-rouble rule: What RBI move means for Russia trade
A host of measures have been taken by govt and RBI in recent days to ease rupee-rouble trade. TOI takes a look at the steps:Why is there a buzz around rupee-rouble trade again?Days after Trump announced higher tariffs for India, RBI on Aug 5 issued a circular allowing authorised dealer (AD) category-1 banks to open […]
India exports strategy: Focus shifts to 50 nations; plan aims to offset US tariff blow
India is widening its export focus to 50 countries, including key markets in West Asia and Africa, in a bid to lessen dependence on any single buyer and cushion the blow from steep US import tariffs.According to ET, these markets together account for about 90% of India’s total exports.Officials from the commerce and industry ministry […]
Zydus Lifesciences Q1 net profit rises 3% to Rs 1,467 crore
Zydus Lifesciences on Tuesday said its consolidated net profit increased 3 per cent year-on-year to Rs 1,467 crore for the first quarter ended June 30, 2025, riding on strong performance across domestic and international markets. The drug maker reported a net profit of Rs 1,420 crore for the April-June quarter of the last fiscal. Revenue […]