Dr Urjit Patel, the former Reserve Bank of India governor, has been appointed Executive Director (ED) representing India at the International Monetary Fund after the Centre’s approval for a three-year tenure.“The Appointments Committee of the Cabinet has approved the appointment of Dr. Urjit Patel, Economist and Former RBI Governor, to the post of Executive Director…
Market experts indicate that supportive measures will provide stability to domestic markets despite international trade challenges. (AI image) Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in green on Thursday after a sharp decline in the last two trading sessions. While Nifty50 was above 24,500, BSE Sensex was up over 100…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, Godawari Power and Ispat Limited (GPIL), and Apollo Micro Systems are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for August 29, 2025:Index View: NIFTYBenchmark Indices witnessed sharp decline during last…
Mumbai: Trump’s tariffs hurt Dalal Street mood for the second session in row as the sensex slipped 706 points or 0.9% on Thursday to 80,081. The selloff was stronger outside of large cap stocks, as mid and small-cap stocks slid sharply.In the last two sessions, the sensex has lost about 1,550 points as foreign funds…
Sanand: Semiconductor company CG Semi is expected to roll out the first ‘Made in India’ chip from its pilot facility here soon, union minister Ashwini Vaishnaw said on Thursday. CG Semi’s G1 or pilot facility was inaugurated by Vaishnaw along with Gujarat chief minister Bhupendrabhai Patel. “CG Pilot line has started today. It is a…
Mumbai: RBI has said that persisting uncertainties related to India-US trade policies continue to pose downside risk while inflation outlook for the near term has become more benign than anticipated earlier. The central bank’s ‘state of the economy’ report has, however, maintained confidence in India’s growth outlook and not lowered the estimate of 6.5% announced…
Mumbai: In a broader indication of a succession plan at the 160-year-old Shapoorji Pallonji Group, Shapoorji Mistry, 61, has stepped down as the chairman of the group’s “crown jewel” Afcons Infrastructure, while his son Pallon Mistry, 33, has been inducted into the board of the listed company. The foundation for the succession plan was laid…
Nuvama maintained its buy recommendation on Maruti Suzuki India with the target price at Rs 14,300. Analysts said the company’s first EV, eVitara production has kicked off while Suzuik’s Gujarat plant’s capacity is being expanded in FY27 with the new line being fungible across powertrains. eVitara is planned to be sold in 100-plus countries including…
India’s proposed Goods and Services Tax (GST) reforms could help soften the blow of steep US tariffs and give a lift to household spending, BMI, a Fitch Solutions company, said on Thursday.The government is planning to lower tax rates on items commonly used by the public, a move that BMI believes will boost consumption and…
India’s industrial production picked up pace in July, rising to a four-month high of 3.5%, driven largely by the manufacturing sector, as per official data released on Thursday. The last time the country saw a similar level of growth was in March 2025, when industrial output rose 3.9%.Measured in terms of the Index of Industrial…
