Auto sales dip in August: Buyers delay purchases; GST rejig hopes keep demand in check

Leading automakers, including Maruti Suzuki, Hyundai, Mahindra, and Tata Motors, reported a decline in vehicle dispatches to dealers in August as buyers deferred purchases amid expectations of lower prices under the proposed goods and services tax (GST) rejig.Maruti Suzuki India, the country’s largest carmaker, posted an 8% year-on-year fall in passenger vehicle dispatches at 1,31,278…

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Commercial LPG cylinders cheaper by Rs 51.50; ATF cut by 1.4%, domestic gas prices unchanged

Prices of aviation turbine fuel (ATF) and commercial LPG were reduced on Monday, bringing partial relief to airlines and businesses, though domestic cooking gas rates remain steady.Aviation turbine fuel (ATF) prices were cut by 1.4 per cent on Monday, while commercial LPG cylinders became cheaper by Rs 51.50, reflecting a decline in global benchmark rates,…

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Sebi’s cyber framework: Tiered relief proposed for small intermediaries; experts flag compliance risks

Sebi proposes revised rules for cyber-security framework Sebi’s recent clarifications on its Cybersecurity and Cyber Resilience Framework introduced tiered compliance standards, reducing requirements for smaller intermediaries. While the move is seen as a step toward strengthening market security and aligning with global norms, experts caution that smaller firms may still struggle with the costs and…

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‘Too fluid’ situation: Infineon MD flags US tariff risks for Indian chip sector; urges government clarity

Infineon MD CS Chua (Image credit: LinkedIn) The global semiconductor industry is facing significant uncertainty due to escalating trade tensions under the US President Donald Trump’s tariff policies, according to CS Chua, president and managing director of Infineon Technologies Asia Pacific. In his conversation with ET, Chua emphasised that the situation lacks stability for companies…

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India reduces US Treasury bill holdings! Gold finds favour in forex reserves; still among top 20 T-bills investors

Data reveals a decline in India’s US T-bill investments in June compared to the previous year, whilst its gold reserves increased during this period. (AI image) US Treasury bills seem to be losing favour, with the Reserve Bank of India (RBI) stepping up gold holdings to increase India’s foreign exchange reserves. India’s central bank has…

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Muted September for D-Street? Trends suggest caution for markets; GDP, GST and US tariffs send mixed cues

Historical patterns indicate a potentially muted period for Indian equity markets in September. Last year during this month, Indian stocks reached their highest points before experiencing significant volatility.Statistical analysis by Motilal Oswal Financial Services, cited by Economic Times, reveals that both Nifty 50 and Nifty 500 have declined in six out of the previous ten…

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Harvard’s Harry Dent predicts Bitcoin could disrupt $630 trillion financial market: ‘The biggest number in the world’ | Business

Harry Dent, the Harvard Business School graduate and economic forecaster often labeled a “doomsday expert” for his decades of bearish market predictions, has taken a surprisingly optimistic stance on cryptocurrency. In a recent conversation with Rich Dad Poor Dad author Robert Kiyosaki, Dent argued that Bitcoin and crypto technology could transform the $630 trillion global…

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