The officials addressed worries about a perceived decline in Indo-US relations. India-US trade deal talks: Senior officials from the central government, engaged in trade discussions with the US, have indicated that whilst the current phase in trade relations is challenging, India maintains certain non-negotiable positions. They have emphasised India’s dedication to resolving all pending matters […]
Stock market today: Nifty50 below 24,600; BSE Sensex down around 100 points
Analysts anticipate steady market conditions whilst monitoring developments regarding US tariff. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Tuesday. While Nifty50 was below 24,600, BSE Sensex was near 80,500. At 9:18 AM, Nifty50 was trading at 24,569.75, down 15 points or 0.062%. BSE […]
Gold price prediction today: Where are gold rates headed on August 12, 2025? Here’s the outlook
Gold price prediction: Gold is still caught in its nearly 12-week-old range of $3,250-$3,450. (AI image) Gold price prediction today: Gold rates are stuck in a range despite spurts of positive upside. Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan shares his views on gold price outlook and what levels […]
‘They’ve been dealing quite nicely’: US extends China tariff truce by 90 days; Trump-Xi summit on cards?
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Monday signed an executive order extending a trade truce with China for another three months, averting the immediate threat of escalating tariffs and export controls that have rattled global markets. The pause, now set to last until November 10, gives Washington […]
Top stocks to buy or sell today: Stock market recommendations for August 12, 2025 – check list
Top stocks to buy or sell today (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Hindustan Zinc is a sell call today, while L&T (Larsen & Toubro) is a buy call:Hindustan Zinc – Sell in the range between Rs 420 & Rs 415; Stop […]
Midscale play: Taj owner to buy 51% in Clarks for Rs 204 crore
MUMBAI: Tata Group‘s flagship hospitality arm, The Indian Hotels Company, (IHCL) is set to acquire a controlling stake in midscale chain Clarks, strengthening its play in the country where tourism and business travel are rapidly growing. IHCL, known for the Taj chain, will buy 51% each in ANK Hotels and Pride Hospitality for a total […]
UK deal to boost scotch sales: Maker of Glenfiddich, Balvenie
NEW DELHI: William Grant & Sons, the maker of top Scottish whisky brands, such as Glenfiddich, Monkey Shoulder, and Balvenie, apart from Hendrick’s Gin, has called the India-UK trade deal a “landmark” agreement. This deal will lead to the entry of new higher-end editions in the country, apart from giving a fillip to the sale […]
MFs trump global woes, SIPs hit new high in July
MUMBAI: Investors ignored a volatile stock market in July and doubled down with their investments in mutual funds during the month – mostly through equity schemes – surpassing several records. Monthly gross flows through the SIP route, monthly net equity flows and total assets managed by the fund industry, all recorded new peaks in July.At […]
Banks can take call on minimum balance, no RBI curbs: RBI Governor Sanjay Malhotra
RBI Governor Sanjay Malhotra (File photo) MUMBAI: RBI Governor Sanjay Malhotra has said that the regulator has left it to individual banks to decide on the extent of minimum balance required and there was no regulatory restriction on that.“What kind of minimum balance required is left to the banks. Some of them have kept Rs […]
Adani expands aircraft MRO biz, buys Nagpur firm Indamer
NEW DELHI: The Adani Group has further expanded its presence in the maintenance, repair and overhaul (MRO) space. After acquiring Air Works, it has now bought another major MRO player in Nagpur.Adani Defence Systems and Technologies (ADSTL), through its joint venture Horizon Aero Solutions, has signed a definitive agreement to acquire a 100% stake in […]