India’s markets regulator launched a formal investigation into Jane Street’s trading practices even though its surveillance department had recommended otherwise, due to continued complaints from market participants, two sources with direct knowledge of the matter said. The Securities and Exchange Board of India (SEBI) also believed inadequate data was used in the initial probe into […]
Government’s growth push yet to reflect on markets, says Gautam Duggad
Despite a slew of measures from the government aimed at boosting demand and growth—including RBI’s rate cuts, tax reductions, and the much-talked-about GST move—markets have not responded with the kind of enthusiasm many expected. Gautam Duggad, Head of Research at Motilal Oswal Financial Services, explained the reasons behind this muted reaction in an interview with […]
Supreme Court ruling on IEEPA could reshape US tariff strategy
The global trade landscape shifted yet again with the U.S. and Japan finalizing a deal to lower auto tariffs to 15%, a move that could provide temporary relief to Japanese exporters. Adding to this, U.S. President Donald Trump hinted that semiconductor chip tariffs could also be brought down to “reasonable levels,” raising questions on the […]
Mahindra & Mahindra is GST 2.0’s biggest auto winner. 5 reasons why
Mahindra & Mahindra shares emerged as the standout gainer in India’s auto sector after sweeping tax cuts under the new “GST 2.0” regime, with the stock suring up to 9% since Thursday as brokerages including Emkay Global, Jefferies, Motilal Oswal, and ICICI Direct said M&M is uniquely positioned to benefit from across-the-board rate reductions, from […]
Tax cuts to drive growth in small car segment, says Maruti Chairman RC Bhargava
In a conversation with ET Now, Maruti Suzuki Chairman RC Bhargava welcomed the government’s recent corporate tax reforms, calling it a landmark move that could provide much-needed relief to the auto sector. When asked whether the new tax regime would bring “the butter back to the bread,” Bhargava was quick to give credit where it […]
Trump finalizes tariff cuts on Japanese autos and goods
US President Donald Trump signed an order lowering tariffs on Japanese autos and goods, cutting car duties from 27.5% to 15% and securing a $550 billion Japanese investment pledge. The deal provides relief to Japan’s economy but poses political challenges at home. Source link
TVS Motor shares in focus after hyper scooter launch and Nomura upgrade
Shares of TVS Motor are likely to be in focus on Friday after the company unveiled a new performance scooter and brokerage Nomura raised its target price on the stock, citing a stronger product pipeline across both electric and internal combustion engine (ICE) segments. On Thursday, TVS Motor announced the launch of the NTORQ 150, […]
Bharat Forge shares in focus after step-down subsidiary’s land deal in Andhra Pradesh
Shares of Bharat Forge are likely to be in focus on Friday, September 5, after a key announcement on land acquisition for a major defence manufacturing complex in Andhra Pradesh by its step-down subsidiary, Agneyastra Energetics. In an exchange filing on Thursday, Bharat Forge said that Agneyastra Energetics—incorporated through its wholly owned subsidiary, Kalyani Strategic […]
Stocks to buy in 2025 for long term: Nuvoco Vistas, Titan Company among 5 stocks that could give 13-23% return
Brokerages remain positive on select stocks across sectors, highlighting strong growth prospects and earnings visibility. Source link
Asian shares: Asian shares join global rally before US jobs data
Asian shares posted early gains Friday after stocks and bonds rallied on Wall Street as further signs of a cooling labor market reinforced bets the Federal Reserve will cut rates this month. Stocks rose in Japan, Australia and South Korea at the open. The Nikkei-225 index rose by more than 1% after President Donald Trump […]