Business

Capital expenditure by major central public sector enterprises (CPSEs) and four key government bodies declined 23% year-on-year in July to Rs 53,406 crore, partially attributed to a high base effect, according to a senior official, quoted by Economic times.Experts believe public capital expenditure, including CPSE investments, remains vital for the nation’s economic growth this financial…

NSDL shares have been a big money-maker for the investors with the prices surging by nearly 80% from its IPO price. In a significant post-market debut, surged over 9.6% on Monday alone, touching a peak of Rs 1,425.The stock has experienced a significant increase, rising 78% above its initial IPO price of Rs 800 and…

Foreign investor sentiment hit (AI image) Foreign investment managers display heightened scepticism towards Indian equities, reaching a two-year peak, as the rupee weakens against US tariffs, elevated share valuations and declining corporate profits diminish the appeal of Dalal Street globally.The negative sentiment towards India has led to accelerated foreign withdrawals recently, with their bearish positions…

Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting August 11, 2025) are AU Small Finance Bank, and Bharti Airtel. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) AU Bank 739 875 18% Bharti Airtel 1859…

The government is exploring options to permit the sale of mineral stockpiles from captive mines through one-time payments. (AI image) India aims to secure consistent and improved supply of essential minerals including lithium, copper, cobalt and rare earth elements, which are vital for nuclear energy, renewable energy, space, defence, telecommunications and advanced electronics sectors. Currently,…

NEW DELHI: The defence ministry’s recent approval of a Rs 30,000 crore contract for long-range drones is set to revolutionise the UAV manufacturing sector in India, according to Economic Times report. Two manufacturers will share the order, establishing separate production facilities capable of handling future expansions and export opportunities.Defence minister Rajanth Singh-led Defence Acquisition Council…

Gold price prediction: Gold prices surged to an all-time high on the domestic front last week. (AI image) Gold price prediction today: Gold prices are expected to be range-bound in the coming days as the global economic uncertainties continue to weigh. Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial services Ltd shares his…

Trump says China should import soybeans from US (AI-image) President Donald Trump on Monday called on China to increase its purchases of American soybeans, framing the move as a way to address Beijing’s trade deficit with the United States. In a post on Truth Social, Trump wrote, “China is worried about its shortage of soybeans….

This week will focus on domestic CPI and WPI inflation figures, whilst India-US trade negotiations remain crucial amidst ongoing dialogue for a trade agreement. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday. While Nifty50 was near 24,400, BSE Sensex was above 79,900. At 9:19…

Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, Kajaria Ceramics Ltd, and Affle 3i Ltd are the top stock picks for this week. Here’s his view on Nifty, Bank Nifty for the week starting August 11, 2025:Nifty View:The benchmark Nifty index extended…