Business

In an industry where star earnings often rise and fall with box-office success, Jackie and Ayesha Shroff’s early bet on television proved to be a defining financial decision. Their timely investment in Sony Entertainment Television’s Indian launch two decades ago turned into their most profitable venture, as reported by Economic Times.Ayesha Shroff, who co-founded Jackie…

India’s economic growth is projected at an average of 6.7 per cent in the first quarter of FY26, according to an Economic Times survey of 14 economists. The estimates, supported by robust government spending, stronger rural demand and a resilient services sector, are in line with the Reserve Bank of India’s forecast of 6.5 per…

Gold price prediction: Gold prices on MCX are currently trading around ₹99,300, showing signs of stabilization after recent declines. (AI image) Gold price prediction today: Gold rates have been stabilizing and analysts are eyeing a buy on dips strategy. Here’s the analysis from Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities:Gold prices…

Private capex to decline for FY26, says SBI (AI image) The projected private capital expenditure (capex) for FY26 shows a notable decrease compared to FY25 figures, with potential further reductions due to US tariff impacts, according to a State Bank of India (SBI) analysis.The analysis, cited by ANI, emphasises that while government expenditure has propelled…

China eases Rare Earths curbs (AI-image) The electronics sector, India’s major Make-in-India achievement, could gain lasting global advantages due to a surprise backing from its strategic competitor, China.The Chinese government’s decision to relax restrictions on rare earth metals and critical mineral exports addresses a significant supply constraint for electronic products, including electric vehicles, computers, mobile…

Foreign portfolio investors purchased shares worth Rs 1,246 crore net on Thursday. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday following days of rally. While Nifty50 was still above 25,000, BSE Sensex dropped over 100 points. At 9:16 AM, Nifty50 was trading at 25,048.00,…

Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, Sagility India, and Aditya Birla Capital (AB Capital) are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for August 22, 2025:Index View: NIFTYOver the past fortnight, benchmark indices staged a notable…

NEW DELHI: IT & electronics minister Ashwini Vaishnaw on Thursday said government detected instances of money laundering and terror support in operations of real-money gaming entities. He stated that large companies failed to self-regulate and take “good and effective steps to prevent harm” to society, even as the common public lost money, prompting individuals and…

MUMBAI: Will Mediclaim and life covers get cheaper by 18% if GST is waived on health and life insurance? Not quite, say industry and researchers.The 18% that customers currently pay helps insurers use the input tax credit (ITC) they receive on various goods and services they utilise. With zero GST tax, an inverted structure is…