Chandrasekaran’s resignation marks an unexpected end to a tenure of nearly 10 years during which he reshaped India’s largest business group. Shares of Tata Group companies came under pressure and fell by as much as 4%, after Tata Sons Chairman N Chandrasekaran resigned ahead of the conglomerate’s annual general meeting (AGM) scheduled for August 18….
Starting Nov 2024, Sebi had made several changes to the trading rules for F&O, including increasing margins and contract sizes. MUMBAI: New rules introduced by markets regulator Sebi to curtail excessive speculation and trading in the futures & options (F&O) segment have reduced aggregate losses incurred by retail investors during fiscal 2025-26, but per-investor loss…
Top stocks to buy today on August 12, 2026 Stock market recommendations: JSW Energy, Gujarat Mineral Development Corporation (GMDC), and IRCTC have been recommended by Mehul Kothari, DVP – Technical Research at Anand Rathi Shares as the top stocks to buy today on August 12, 2026:JSW ENERGY: Buy between Rs 570–560 | Stop Loss: Rs…
Gold prices are trading near multi-week highs on Wednesday as investors weigh competing signals from the US economy and the ongoing Middle East conflict. Spot gold was up 0.3% at $4,377.79 per ounce by 0055 GMT, after climbing to its highest level since June 5 in the previous session. The metal encountered technical resistance around…
Setty said the next phase of AI-led banking should move beyond retail banking and customers with established financial histories MUMBAI: Artificial intelligence could help banks expand credit to rural India, small businesses and farmers while improving risk assessment and productivity, SBI chairman CS Setty said at FIBAC 2026, but banks will have to strengthen cyber…
Despite the decline, equity oriented schemes recorded their 65th consecutive month of positive inflows in July NEW DELHI: Equity mutual fund inflows fell 42% year-on-year to Rs 24,697 crore in July, as investors turned more selective amid concerns over valuations and muted equity returns, though sustained SIP contributions continued to provide strong support to the…
Govt has set a target of supporting up to 45.8 lakh electric two-wheelers, with Rs 2,767 crore earmarked for the segment NEW DELHI: Govt has extended incentives for electric two-wheelers under the PM E-DRIVE scheme till March 31, 2028, while also working on a financing support mechanism to bring down borrowing costs for electric buses…
AI could widen the pool of borrowers by allowing banks to use data beyond conventional financial histories MUMBAI: RBI governor Sanjay Malhotra said AI could do to lending decisions what UPI did to payments and urged banks not to sit on the sidelines as India is well-placed to adopt the technology because of its public…
As entry-level 5G smartphones became more expensive, several brands reintroduced or extended 4G models to retain buyers at the lower end NEW DELHI: India’s cheapest smartphones are disappearing fast. Rising component costs have made sub-$100 (around Rs 9,000) devices increasingly unviable for manufacturers, while giving older 4G technology an unexpected lifeline as brands look for…
July was the 65th consecutive month in which equity-oriented schemes registered positive inflows. Equity mutual fund investments slowed in July as concerns over valuations and subdued equity returns made investors more selective. Inflows into equity-oriented schemes fell 15 per cent from the previous month to Rs 24,697 crore, according to data released by industry body…
