Trump tariffs could hit India’s economic growth (AI image) India’s economic growth could face a sharp slowdown if the 50 per cent tariffs imposed by US President Donald Trump remain in place for an extended period, according to Morgan Stanley. The impact could range between 0.4 per cent and 0.8 per cent, the bank said […]
MSCI to add four Indian firms to Global Standard index: Swiggy, Vishal Mega Mart among new entrants; $1 billion inflows expected
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 reshapes investing for retirement: Executive order opens 401(k) accounts to private equity, crypto; industry urges caution
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, […]
Top stocks to buy today: Stock recommendations for August 8, 2025 – check list
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 […]
Top stocks to buy or sell: Stock recommendation by brokers for August 8, 2025
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 […]
Airtel promoters to sell stake worth over $1bn
MUMBAI: In one of the biggest block deals this year, Indian Continent Investment, a promoter group entity of Bharti Airtel is selling a 0.8% stake in the telecom giant for about Rs 9,310 crore (over $1 billion). The deal is set to be executed through one or more block deals on Friday and is managed […]
AU secures in-principle nod for universal bank
MUMBAI: RBI has granted its first universal bank approval in a decade, giving AU Small Finance Bank (SFB) in-principle approval to transition from an SFB to a universal bank-the first such nod since Bandhan and IDFC in 2015.Founded in 1996 by Sanjay Agarwal as AU Financiers, an NBFC in Jaipur, AU became an SFB in […]
Gold crosses Rs 1.02L/10gm to hit new high
HYDERABAD: Unending tariff wars coupled with weaker-than-expected US macroeconomic data and a depreciating rupee, fuelled gold’s rise to record highs in the Indian market on Thursday. The yellow metal crossed the Rs 1.02 lakh/10 gm mark to hit a high of Rs 1,02,155 on MCX and was quoting at all-time highs of Rs 1,02,700 and […]
Titan Q1 net up 53% on jewellery, watches
BENGALURU: Titan Company reported a 52.5% year-on-year increase in net profit to Rs 1,091 crore for June quarter, backed by strong performances in jewellery and watches businesses, despite elevated gold prices. The Tata group firm’s revenue rose 24% to Rs 16,628 crore in the same period. Sequentially, it rose to about 11% from Rs 15,032 […]
Trump tariffs: 17% effective rate, $50bn monthly customs revenue
NEW DELHI: For all the noise over India being the tariff king, the US effective tariff rate for all countries is now estimated at 17%, Fitch Ratings has estimated after the latest reciprocal tariff announcements. The effective rate that Indian goods will pay to enter US before Aug 27 was estimated at 20.8%, including exempted […]