US celebrates labour day on September 1 (Representative AI image) Labor Day, observed on the first Monday in September, honors the American labor movement and the millions of workers who power the US economy. This year, the holiday falls on September 1, and while it offers a long weekend for many, it also means some…
NEW DELHI: Govt is working on an action plan to mitigate the impact of a steep tariff hike of 50% imposed by the US on Indian shipments, economic affairs secretary Anuradha Thakur said.“There are certain employment-heavy sectors which do have exposure to the US and to that extent may get affected. Govt is well aware…
The rupee’s trajectory has become a key concern for financial markets. Banks have reduced trading exposures, while numerous importers with large unhedged positions are facing losses. Corporates engaged in over-the-counter forex derivative transactions, anticipating stable rupee levels, are reportedly worried as the currency crosses 89. The financial sector remains uncertain whether the Reserve Bank of…
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 CG Power and Industrial Solutions Ltd, and Syrma SGS Technology Ltd. Here’s his view on Nifty, Bank Nifty for the week starting September 1, 2025:Nifty ViewIn…
MUMBAI: Why have loan rates not dropped much even after RBI’s cuts? Bond markets are partly responsible for the slow transmission. Bond yields are rising even as the central bank is cutting rates – this divergence is unusual. Why the rise in yields? Long term inflationary expectations, closing of an important liquidity channel for the…
MUMBAI: Resumes of employees working with gaming firms have flooded the job market after a sudden ban on online money games have left scores of salaried people stranded with uncertainty. More than 2,000 professionals are currently on the lookout for opportunities, said Aditya Narayan Mishra, MD and CEO at staffing firm CIEL HR. After Parliament…
MUMBAI: Tariff-related developments, the strong GDP numbers for the June quarter of the year that govt announced on Friday and the ensuing meeting on GST rejig are expected to have a balancing effect on Dalal Street investors during the week. With foreign funds continuing to sell Indian stocks, the rupee could come under renewed pressure,…
NEW DELHI: Direct-to-home operator Dish TV has been penalised again by leading bourses BSE and National Stock Exchange (NSE) over composition and lack of quorum on its board, according to a regulatory filing by the company. Dish TV was fined by the bourses in 2023 and 2024 for the same reason.It has received a latest…
Kotak has upgraded Clean Science to buy from reduce with the target price at Rs 1,370 from Rs 1,380 earlier. Analysts feel the risk-reward ratio is now favourable for the stock. The stock fell over 20% in just a month following the founding family’s 24% stake sale, which is now concluded. Analysts now find risk-reward…
CHENNAI: Elevators that would hit the Indian market from Dec this year will have a new safety feature. The elevator car will get locked only after doors are closed akin to the doors of metro train compartments that shut and lock automatically. It is aimed at preventing the movement of elevator cars with open doors…
