Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, JSW Steel, and Titan are the top stocks to buy today:JSW Steel – Buy in the range between Rs 1075 & Rs 1085; Stop Loss: Rs 1038; Target: Rs 1170JSW Steel has…
NEW DELHI/MUMBAI: Expect a bumper Diwali for consumers as plans to rationalise and reduce GST rates on ACs, televisions (above 32-inch) and dishwashers will see retail prices come down by as much as 7-8%, leading to price cuts from a few thousand rupees to over Rs 10,000 on premium products.The industry said the decision, particularly…
NEW DELHI: The commerce and industry ministry is working on a 100-day reform agenda, which may include proposals such as further liberalising the FDI regime, easing investments from neighbouring countries, and more tax benefits for startups, an official said. The proposals may also include easing certain environmental norms for the leather and footwear industry, expediting…
NEW DELHI/MUMBAI: Aiming to set off a “cracker of a Diwali”, as Prime Minister Narendra Modi put it, the proposed rationalisation of Goods and Services Tax (GST) rates could provide a lift to the struggling packaged foods sector by boosting consumption and reviving urban demand. Diwali, traditionally the peak season for household and discretionary spending…
NEW DELHI: Amid expectations of job losses due to higher tariffs, exporters are seeking support for workers who would be hit by the impact of US President Donald Trump’s actions.At a meeting of export promotion councils convened by the federation of indian export organisations on Monday, most businesses suggested that a package from the Centre…
MUMBAI : The markets regulator is seeking to make it easier for India’s largest firms to go public. Sebi has proposed easing minimum public offer (MPO) norms and extending timelines for meeting minimum public shareholding (MPS) requirements. The proposals have been submitted to the govt for amending the Securities Contracts (Regulations) Rules.Currently, firms with a…
MUMBAI: Reliance Consumer Products (RCPL) bought a majority stake in a joint venture with Naturedge Beverages, marking its foray into the healthy functional beverages space. Naturedge Beverages is from the house of the 108year-old Baidyanath Group, which has a legacy of making Ayurvedic products.The acquisition comes at a time when there is a shift among…
BENGALURU: E-commerce majors Amazon India and Flipkart are expanding their workforce by about 1.5 lakh temporary staff each to handle the surge in orders expected during the upcoming festive season, people aware of the matter said.Amazon on Monday announced that it has created more than 1.5 lakh seasonal job opportunities across its fulfilment centres, sortation…
MUMBAI: IndiGo and IDFC FIRST Bank have launched a co-branded credit card that will be available on both Mastercard and RuPay networks, offering customers wider acceptance and flexibility, including the ability to make UPI payments through RuPay.The IndiGo IDFC FIRST Credit Card is aimed at frequent travelers and comes with accelerated rewards on IndiGo bookings…
The newly launched FASTag Annual Pass has seen a remarkable response, crossing the landmark figure of five lakh users across the country within just four days, an official statement said on Monday.Introduced on Independence Day, the pass allows non-commercial vehicle users to make a one-time payment of Rs 3,000 for one year’s validity or 200…
