NEW DELHI: Paytm on Thursday tumbled as much as 10% on Thursday hitting an intraday low of Rs 864.40 on BSE Sensex, after the finance ministry clarified that there are no plans to introduce a Merchant Discount Rate (MDR) on UPI transactions.As of 10 am, Paytm was trading 6% lower, underperforming the broader NSE Nifty…
Amidst the ongoing trade and geopolitical tensions, gold and silver are being seen as safe haven investments. (AI image) Gold and silver price prediction: Gold prices have been currently recovering after dipping from recent highs. Silver prices on the other hand are touching new highs. Amidst the ongoing trade and geopolitical tensions, gold and silver…
US President Donald Trump’s much-awaited “Gold Card,” which offers foreigners a path to US citizenship after paying $5 million to the government, has finally opened the waiting list for business. “Thousands have been calling and asking how they can sign up to ride a beautiful road in gaining access to the Greatest Country and Market…
Top stocks to buy today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Tata Motors, Mphasis, and Hero Motocorp are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for June 12, 2025:Index…
Jio BlackRock Mutual Fund (MF), which on May 26 received the nod from the markets regulator Sebi to start operation, filed with the regulator to launch two debt schemes—liquid and money market funds—to kickstart its fund management business.On Wednesday, the Jio BlackRock joint venture also got regulator nods to start its investment advisory business in…
MUMBAI: SBI has hired 13,455 junior associates as part of its plan to enhance customer service at branches. The clerical-level hiring is part of a broader intake of 18,000 employees, which includes 3,000 officers.SBI chairman C S Setty, in a letter to shareholders, said the bank is sharpening its focus on customer experience and is…
NEW DELHI: In a move to put a check on edible oil prices, the govt on Wednesday slashed the Basic Customs Duty (BCD) on crude edible oils – soybean, sunflower and palm – from 20% to 10%.This revision has widened the import duty differential between crude and refined edible oils “from 8.75% to 19.25%”, as…
To curb fraud and bolster investor trust, Sebi has mandated a new Unified Payments Interface (UPI) payment structure for all registered market intermediaries collecting funds from investors. The mechanism will go live from October 1, 2025, Sebi Chairperson Tuhin Kanta Pandey announced on Wednesday, reported PTI.The new UPI address framework is aimed at combating impersonation…
The United States, long the engine of global crude supply growth, is expected to face a steeper-than-expected slowdown in production growth in 2025 and a sharper decline in 2026, according to S&P Global Commodity Insights’ latest short-term outlook.The report warns that the US will be “disproportionately impacted” by a looming global oil surplus and weakening…
US President Donald Trump renewed his call for a full percentage point interest rate cut on Wednesday, citing “great” inflation numbers just released by the Labor Department. “CPI JUST OUT. GREAT NUMBERS! FED SHOULD LOWER ONE FULL POINT. WOULD PAY MUCH LESS INTEREST ON DEBT COMING DUE. SO IMPORTANT!!!” Trump posted on Truth Social, amplifying…