India’s current account deficit (CAD) is expected to remain under control at around 1% of gross domestic product (GDP) in the current financial year, even as the economy faces pressure from steep US tariffs and global geopolitical uncertainties, according to a report by rating agency Crisil.Crisil said the deficit will stay “manageable” thanks to resilient…
Ben & Jerry’s co-founder Jerry Greenfield has stepped down from the ice cream brand, saying he can no longer “in good conscience” remain after 47 years, as the company’s long-running rift with its parent Unilever deepens over its position on Gaza.In an open letter to the Ben & Jerry’s community, shared on X by his…
Yes Bank stake sale: State Bank of India (SBI) has offloaded around 13.18% of its holding in Yes Bank Limited (YBL) to Japan’s Sumitomo Mitsui Banking Corporation (SMBC), marking the completion of a major divestment.SMBC, part of the Sumitomo Mitsui Financial Group (SMFG), is counted among the top foreign banks in India. SMFG itself is…
Indian stock markets managed to post “positive returns” in 2025 despite sweeping US tariffs, supported by strong domestic fundamentals, resilient consumption, and recent GST reforms, according to reports.“We believe markets have now priced in the uncertainty around tariff-related decisions,” noted Bank of Baroda economist Sonal Badhan in a report.Other markets, including the UK and Indonesia,…
About one-third of Indian exports to the US face no tariffs, indicating that the actual impact on tariff-affected goods is significantly higher. (AI image) India’s exports to the US have fallen for the third straight month in August as Donald Trump administration’s 50% tariffs came into effect. According to Global Trade and Research Initiative founder…
Gold hit a new record on Tuesday, crossing Rs 1.10 lakh per 10 grams just days before India’s peak festive season, leaving jewellers cautious about how demand will shape up.According to the India Bullion & Jewellers Association (IBJA), gold is currently retailing at Rs 1,10,540 per 10 gm in the physical market. With 3% GST,…
Gold price prediction: The current week remains most crucial for gold as the US Fed may announce its monetary policy on September 17, midnight. (AI image) Gold price prediction today: Gold prices are expected to react to the US Federal Reserve policy this week. Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and…
NEW DELHI: India’s largest tech-enabled home services marketplace, Urban Company, made a blockbuster debut on Dalal Street on Wednesday.The stock listed at Rs 162.25 on NSE, a 57.5% premium over its IPO price of Rs 103. On BSE, the stock opened at Rs 161, up 56.3%, before rallying further to Rs 179, a gain of…
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today are Godrej Properties and Panacea Biotech:Godrej Properties – Double Bottom + Long-term SupportBuy near: ₹2,050–2,020 | SL: ₹1,950 | Target: ₹2,250The stock has been in…
NEW DELHI: After a “positive meeting” between Indian and American trade negotiators, the two sides have decided to intensify efforts for a bilateral trade agreement, signaling lower turbulence going forward. Amid a conciliatory tone from American President Donald Trump over the last 10 days, India’s chief negotiator Rajesh Agarwal and other officials met a team…