Cash withdrawals via smartphones are set to become more widely accessible in India, as plans are underway to extend the unified payments interface (UPI)-based withdrawal facility beyond ATMs to over 2 million business correspondents (BCs) nationwide.Currently, UPI-driven cardless withdrawals are limited to UPI-enabled ATMs and a small number of merchants, who can disburse only Rs…
Natural gas will be the only fossil fuel to record an increase in the energy mix of the United States, China, and India by 2050, even as coal and oil usage decline globally, according to a sector update by Nuvama Institutional Equities, citing S&P Global Commodity Insights.“By 2050, gas shall be the only fossil fuel…
The US has responded to India’s continued purchase of discounted Russian oil by imposing tariffs on Indian goods. (AI image) Hit by Ukraine’s drone attacks, Russia’s oil refineries are reeling – but India has turned this crisis in Russia into an opportunity. The substantial price difference between Russian and Middle Eastern oil has attracted Indian…
Gold prices took a breather last week after touching all-time highs on both Comex and the domestic front earlier in the week. (AI image) Gold price prediction today: Gold prices will be in focus with the US Federal Reserve expected to cut rates this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting September 15, 2025) are Samvardhana Motherson, and Ellenbarrie. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Samvardhana Motherson 104 114 10% Ellenbarrie 547 680 24% Samvardhana MothersonAs…
File photo (Picture credit: AFP) Asian equities were mixed on Monday as investors braced for an expected interest rate cut by the US Federal Reserve later this week, while oil prices held steady after Ukrainian drone strikes on Russian refineries raised concerns about supply disruptions.Markets have rallied in recent weeks on signs of cooling US…
Market experts indicate that the short-term outlook remains positive, despite possible fluctuations around central bank announcements. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Monday, While Nifty50 was above 25,100, BSE Sensex was up over 40 points. At 9:17 AM, Nifty50 was trading at…
China’s economy lost further steam in August, with factory output and retail sales both underperforming expectations, raising pressure on Beijing to roll out fresh stimulus as weak consumption and a property slump weigh on growth.According to data from the National Bureau of Statistics (NBS), industrial output rose 5.2 per cent year-on-year in August, slowing from…
Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are Mazagon Dock Shipbuilders Ltd, and Bajaj Finserv. Here’s his view on Nifty, Bank Nifty for the week starting September 15, 2025:Nifty ViewThe benchmark index Nifty has…
US President Donald Trump (AP photo) After threatening tariffs and targeting China over its purchase of Russian oil, US President Donald Trump has now shifted his focus to European allies. He signalled that he does not want European nations to continue buying oil from Russia and criticised their sanctions as “not tough enough.“Speaking to reporters…
