Tata Capital GMP: The conservative GMP indicates investor wariness regarding immediate returns. (AI image) Tata Capital IPO: The initial public offering of Tata Group’s flagship financial services arm Tata Capital got a big thumbsup from brkokerages, with several positive reviews. Yet, the Grey Market Premium (GMP) has crashed to just 3%. The GMP is usually…
Asian stocks mostly rose on Tuesday, though trading was quiet due to holiday closures in some markets. Japan’s Nikkei 225 hit a new record, lifted by optimism over possible government spending and tax cuts under the country’s soon-to-be first female prime minister.The Nikkei was trading up 0.3% to 48,098, following a nearly 5% surge on…
Banks in many parts of the country are closed today, October 7, on the occasion of Maharshi Valmiki Jayanti and Kumar Purnima. Banks across India follow holidays set by the Reserve Bank of India (RBI), which include national and regional holidays, as well as Sundays. Here is a list of states and UTs where banks…
Shopping in Qatar but concerned about the payment method in a foreign land? Now you can use UPI to pay for your spree in this mall.India has expanded its digital payment network overseas, with the launching of the Unified Payment Interface (UPI) in Lulu Group’s Stores in Qatar.The move comes after its roll out at…
Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks to buy today are Mahindra & Mahindra Ltd (M&M), and Bharat Forge:M&M – Buy in the range between Rs 3,465 & Rs 3,480; Stop Loss: Rs 3,330; Target: Rs…
File photo: Union minister Nitin Gadkari NEW DELHI: Prices of electric vehicles will match that of petrol-diesel ones in next four-to-six months, Nitin Gadkari, minister of road transport and highways said on Monday Speaking at a Ficci event, Gadkari said, “When I launched electric vehicles, the battery cost was $150 per kilowatt hour. Today it’s…
Telangana industries & IT minister Sridhar Babu (L) and CM A Revanth Reddy (C) with Patrik Jonsson, executive VP and president of Lilly International, Eli Lilly and Co in Hyderabad HYDERABAD: In what is one of the biggest investments in the pharma sector in India in recent years, American giant Eli Lilly and Company is…
India’s trade position risks losing ground in global markets without increased exports to China and reduced import duties on raw materials, warned the head of a government policy think tank on MondayNITI Aayog CEO BVR. Subrahmanyam emphasised that strengthening trade relations with China is crucial for enhancing India’s manufacturing exports, particularly as Asia emerges as…
Trump has valued the tariff income, declaring it has restored national wealth. (AI image) Donald Trump administration’s tariff collections – running into billions of dollars – is threatened in case the Supreme Court decides to strike down the US President’s tariff policies. Trump himself has warned that any decision against his tariff policies would spell…
A global competition for energy export dominance is unfolding between the US and China, with contrasting strategies- America focuses on fossil fuel exports, while China emphasises clean energy technology sales.China has emerged as the frontrunner in the race for now. Its clean technology exports, including electric vehicles, solar panels, and batteries, reached $20 billion in…
