Stock Tips: Bharat Electronics, CMPDI Top Picks; Sensex Up
Bajaj Broking recommends buying Bharat Electronics (target ₹473) and CMPDI (target ₹275). Sensex gains 254 points, Nifty closes at 24,168.
Category : Business
Gold, Silver Rate Today: Prices Dip, Head for Third Weekly Loss
Gold prices fell on Friday, heading for a third weekly loss, as a strong US dollar and hawkish Fed stance weighed. India's gold imports dropped 70% after duty hike to 15%.
Kotak Starts Vedanta Aluminium at Rs 600, CLSA Outperform on RIL
Kotak initiates Vedanta Aluminium coverage at Rs 600 target. CLSA rates Reliance Industries outperform at Rs 1,800. Nomura neutral on Tata Motors PV; Jefferies buys Shyam Metalics; Citi neutral on Titan.
SpaceX Shares Drop 6% as Post-IPO Euphoria Fades
SpaceX shares fell over 6% on Thursday as post-IPO euphoria waned, putting its $2.52 trillion valuation under pressure. The decline follows a strong debut, with analysts citing profit-taking and concerns over AI spending.
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Stock Market Live: Sensex, Nifty Eye Sixth Day of Gains
Indian stock markets may extend rally for sixth straight session. Sebi proposes stricter MTF norms. US stocks rise on tech gains. Asian markets climb on oil optimism.
₹500 Challenge: Build Over ₹1 Lakh in Savings
Learn how the ₹500 challenge can help you save over ₹1 lakh by redirecting impulse purchases into a dedicated savings account. A simple money lesson.
UPPCL Power Trading Audit Flags Price Disparity
An audit report reveals UPPCL purchased power at Rs 6.52/unit and sold at Rs 3.77/unit, prompting recommendations for better scheduling and consumer protection.
AI Reshapes Indian Real Estate Beyond Location
Discover how artificial intelligence is transforming Indian real estate from land acquisition to building management, making AI the new growth driver alongside location.
SMPP, KNDS Team Up for Loitering Munitions in India
India's SMPP partners with European KNDS to produce advanced loitering munitions under Make-in-India, enhancing precision strike capabilities for the Indian Army.
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Bharat Forge Partners with AM General for Artillery Guns
Bharat Forge's KSSL partners with US firm AM General to develop mounted artillery gun systems for global armies, targeting the US Army's Mobile Tactical Cannon program.
Revenue Inspector Arrested for Bribe in Haveri
A revenue inspector in Karnataka's Haveri district was arrested by Lokayukta police for accepting a bribe of Rs 5,000 at Kaginele in Byadagi taluk.
Airtel Provides Last-Mile Connectivity at 30 Army Stations
Bharti Airtel completed phase 1 of a strategic initiative to provide telecom connectivity at 30 remote Indian Army stations in Arunachal Pradesh, with phase 2 planned for 15 more locations.
BESCOM, KPTCL Employees Protest Privatisation in Tumakuru
Employees of BESCOM and KPTCL protested in Tumakuru against power sector privatisation, urging governments to drop anti-farmer, anti-public plans allowing private firms into electricity distribution.
SBI board approves Rs 60,000 crore fundraise for FY27
State Bank of India's board has approved raising up to Rs 60,000 crore in FY27 via debt instruments, including bonds, to tap domestic and overseas markets.
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Emirates NBD's RBL Bank Deal Reshapes India-UAE Ties
Emirates NBD's Rs 26,015 crore acquisition of a 60% stake in RBL Bank marks a shift from trade to capital in India-UAE relations, with the bank now targeting India as a core market.
FPIs Invest $2 Billion in Indian Sovereign Bonds
Foreign portfolio investors have net bought Indian government securities worth about $2 billion since June 5, when rules were eased to support the rupee, with some estimates nearing $3 billion.
JD Vance Defends Iran's Right to Self-Defense Amid Missile Concerns
VP JD Vance argues Iran retains self-defense rights, but any deal must prevent threatening missile capabilities. Debate intensifies over US-Iran framework.
NSE IPO: Radhakishan Damani Among Top Individual Shareholders
NSE files draft prospectus for Rs 30,000 crore IPO. Radhakishan Damani, Sunil Kant Munjal, S Gopalakrishnan among top individual shareholders with stakes built via unlisted trades.
Industrialists Oppose Conversion of Industrial Land to Residential
Industrialists in Ludhiana oppose a proposal to convert 58 acres of land in Jandiali village from industrial to residential use, alleging vested interests and benefit to builders.
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YKK India invests $150 mn in new Chennai plant
YKK India, part of Japanese YKK Corporation, will invest $150 million to build a new manufacturing facility in Chennai's Origins by Mahindra park, set to complete by February 2028.
Delsey Paris Aims to Double India Business by 2030
French luggage brand Delsey Paris explores deeper sourcing in India, targeting backpacks as key growth driver to double business under €10 million by 2030, despite China's dominance.
FCNR(B) Inflows Crash 87% to $900 Million in FY26
Net inflows under FCNR(B) accounts fell sharply to $900 million in FY26 from $7.1 billion in FY25, an 87% decline, despite rupee weakening. Banks revise deposit rates to attract NRI inflows.
Iran Peace Deal to Provide Macroeconomic Relief to India
The Iran peace deal is expected to ease macroeconomic pressures on India as crude oil prices dropped over 1% to their lowest since the Iran war began.
India, US in final stages of trade deal; Greer to visit
India and US are finalizing an interim trade agreement, with US trade representative Jameson Greer visiting next week. Foreign secretary Vikram Misri briefed on progress after PM Modi-Trump meeting.
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MSMEs Need More Than Digital Access
MSMEs contribute 31% to India's GDP and are expected to drive 50% of e-commerce growth by 2030, but require more than just digital access for success.
Joshua Baer Dies in Plane Crash at 50: Austin Tech Icon
Capital Factory CEO Joshua Baer, 50, died in a private plane crash in Laredo, Texas. He was a key figure in building Austin's startup ecosystem, remembered by tech leaders.
Aroop Biswas Seeks Freeze of TMC Account Amid Probe
Former West Bengal sports minister Aroop Biswas, under investigation in the 'Messigate' scandal, wrote to HDFC Bank to freeze the Trinamool Congress party's account holding Rs 535 crore, escalating internal party tensions.
UCF Rollout Meets a Grim Fiscal Reality
The Unified Customer Facilitation (UCF) initiative faces significant hurdles due to India's constrained fiscal environment, raising concerns about its implementation and impact.
UP Tourism Boom: New Campaign, Conclave to Boost Sector
Uttar Pradesh's tourism sector has transformed into one of India's fastest-growing, with new circuits and infrastructure. The 'Visit My State' campaign and upcoming Discover UP conclave aim to further boost the industry.
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CBI Arrests Ex-Panchkula MC Commissioner in Fund Scam
CBI arrested former Panchkula municipal commissioner Ram Kumar Singh in a Rs 79.46 crore fund misappropriation case, making him the first IAS officer arrested in the scam involving siphoning of Haryana government funds.
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