Business

Indian equities face a mix of domestic and global factors, with crude oil prices, foreign fund flows, currency movements and developments in global markets likely to remain key areas of focus. The trajectory of oil prices could remain important for investor sentiment, particularly as elevated energy costs have already featured prominently in market commentary. Investors…

Top stocks to buy today on August 18, 2026 Stock market recommendations: Mphasis, Supreme Industries, United Spirits, and Kfin Technologies are the top stocks to buy that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan has recommended for August 18, 2026:Buy Mphasis at CMP; Stop Loss: Rs 2415 on a closing basis; Target: Rs…

Prisma Global’s bond offering draws strong investor response, expanding India’s AI companies’ access to debt markets MUMBAI: A Rs 50-crore bond offering, at an interest rate of 10% for a two-year tenure, opened for subscription on Monday, and was fully subscribed within the first hour. By 3pm the issue was subscribed nearly eight times. There…

Government approves 31 more ECMS applications, attracting proposed additional investments of Rs 7,877 crore NEW DELHI: Govt has approved another 31 applications, involving proposed additional investments of Rs 7,877 crore under the Electronics Components Manufacturing Scheme, or ECMS. The projects will manufacture products, including printed circuit boards, camera modules, optical transceivers, electronic enclosures and materials…

Crude prices surge past $90 per barrel as ceasefire hopes dim Oil prices inched higher on Tuesday, with Brent crude surging past the $90-a-barrel mark as hopes of an early end to the Middle East war remained uncertain. Iran signalled a shift towards a more offensive military approach, while US ruled out extending the ceasefire,…

Colgate-Palmolive India signals further pricing action to offset commodity inflation. Photo credit: ANI MUMBAI: Colgate-Palmolive India on Monday signalled that the company may take more price hikes in the coming quarters to protect margins as firms across sectors continue to tackle commodity inflation triggered by the West Asia war. Inflation will be an issue, the…

FM Nirmala Sitharaman. Photo credit: ANI NEW DELHI: Govt will “soon” announce the high-level committee on banking reforms, finance minister Nirmala Sitharaman said on Monday at the conclave of 12 public sector banks (PSBs) and public financial institutions, while lauding the sector’s improved asset quality. She also emphasised that the future of banking must “reflect”…

Sebi chairman Tuhin Kanta Pandey MUMBAI: Markets regulator Sebi is open to making changes to the closing auction session (CAS) system, but it will not abandon it completely, Tuhin Kanta Pandey, chairman, Sebi said Monday. The top markets regulator also said that currently Sebi officials are analysing trading data for CAS, and are also going…

N Chandrasekaran will step down as chairman of Tata Sons when his current term ends on February 20, 2027, wrapping up a nine-year tenure that transformed the scale and breadth of one of India’s most influential conglomerates but ended with a standoff with Tata Trusts Chairman Noel Tata over his reappointment. MUMBAI: Tata Sons will…

Tata Power and IIT Bombay partner to develop and commercialise next-generation clean energy technologies. MUMBAI : Tata Power and the Indian Institute of Technology Bombay (IIT Bombay) have signed a Master Research Agreement (MRA) to jointly accelerate the development, scaling and commercialization of next-generation energy technologies and clean energy solutions.The agreement was signed at the…