The Reserve Bank of India (RBI) will introduce a new system from October 4 to clear cheques within hours of being presented, sharply reducing the current window of up to two working days.The move will transition the existing Cheque Truncation System (CTS) from batch processing to a ‘continuous clearing and settlement on realisation’ model, aimed…
The Reserve Bank of India (RBI) is likely to maintain current interest rates during its October policy review, according to an SBI report, as inflation in August 2025 is projected to rise above 2 per cent. The analysis, quoted in an ANI report, anticipates inflation could reach around 2.3 per cent, complicating any potential rate…
Stock market update for August 15 (AI image) Stock market holiday on Independence Day: Stock markets will be closed on Friday, August 15, 2025 in observance of the Independence Day. This marks one of the 14 official trading holidays in the equity, equity derivative, and SLB segments, as per the Bombay Stock Exchange (BSE) calendar…
Global satellite operators are competing for India’s $2.3 billion satcom market, which is expected to increase nearly ten times within three years to become one of the world’s largest markets.Several international operators, including Luxembourg’s Intelsat, UK’s Inmarsat, Singapore Telecom, Korea’s KT SAT, Thailand’s IPSTAR, and Indonesia’s PT Telekomunikasi, are increasing their satellite capacity, as reported…
Gold price prediction: Spot Gold could continue to find resistance in the zone of $ 3,385 – 3,410 per oz (CMP USD 3,350/oz) on the higher side. (AI image) Gold price prediction today: Upside in gold rates is expected to be limited with the US-China 90-day trade truce extended and other developments on the Trump…
It seems Pakistan has successfully persuaded the Trump administration that controlling BLA is crucial for accessing “critical minerals” in the region. (AI image) The Donald Trump administration’s move to recognise the Baloch Liberation Army (BLA) as a Foreign Terrorist Organisation (FTO) may have its reasons rooted in a desire to mine rare earth deposits in…
Paytm shares surge after RBI authorisation NEW DELHI: Paytm Payments Services has secured approval from the Reserve Bank of India to function as an online payment aggregator, according to a regulatory filing by its parent organisation One 97 Communications on Tuesday.This approval lifts the restrictions placed on Paytm Payments Services Limited (PPSL) regarding new merchant…
Market observers anticipate a period of consolidation, backed by domestic investment flows. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was above 24,550, BSE Sensex was up over 250 points. At 9:16 AM, Nifty50 was trading at 24,587.55, up 100 points or…
MUMBAI: Zerodha co-founder and billionaire investor Nikhil Kamath has invested in film actor Shah Rukh Khan‘s spirits business, increasing his involvement in the country’s alcobev sector following his stake purchase in India’s fourth-largest liquor player Radico Khaitan. Kamath owns 5% of D’yavol Spirits, founded by Shah Rukh and his son Aryan Khan. He also holds…
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Intellect Design, Diffusion Engineers, and Sumitomo Chemical are the top stocks to buy today:Intellect Design – 50% Retracement + Oversold RSIBuy near: ₹930–₹910 | Stop Loss: ₹770 | Target: ₹1,200After making…
