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 Apl Apollo Tubes Ltd, and Hindustan Zinc:Apl Apollo Tubes Ltd – Buy in the range between Rs 1695 & Rs 1710; Stoploss: Rs 1650; Target:…
Moody’s Ratings on Monday changed Tata Motors’ outlook to negative from positive following a cyber attack on its British arm Jaguar Land Rover, which has led to a complete production halt.The rating agency affirmed the Mumbai-based auto major’s Ba1 corporate family rating (CFR). “The outlook change to negative from positive reflects our view that a…
Govt has appointed Shirish Chandra Murmu, executive director at RBI, as deputy governor of the central bank for a three-year term starting Oct 9, 2025.He will succeed M Rajeshwar Rao, who is retiring. The appointment was cleared by the appointments committee of the Cabinet. In his new role, Murmu will oversee key areas such as…
The Reserve Bank of India’s Monetary Policy Committee (MPC) commenced its three-day deliberations on Monday, with markets largely expecting a status quo on the key interest rate. However, some experts see room for a 25 basis points (bps) cut amid benign inflation and GST-driven tax relief. The panel, headed by RBI Governor Sanjay Malhotra, is…
US stocks opened higher on Monday, clawing back some losses from last week, with investors eyeing a key economic report and ongoing political uncertainty over a potential government shutdown. The S&P 500 rose 0.4% in early trading, the Dow Jones Industrial Average edged up 29 points (0.1%), and the Nasdaq composite gained 0.6%, all hovering…
Silver rate today: Silver prices surged by Rs 7,000 on Monday to touch a record Rs 1,50,000 per kilogram in the national capital, marking a fourth consecutive session of gains, driven by robust global demand and safe-haven buying, according to the All India Sarafa Association.The white metal had ended the previous session at Rs 1,43,000…
The Small Industries Development Bank of India (Sidbi) on Monday reported a 19.5% rise in its net profit, touching an all-time high of Rs 4,811 crore for FY25 against Rs 4,026 crore a year earlier.Sidbi said its balance sheet crossed Rs 5.6 lakh crore during the year, with total assets growing 8.7% to Rs 5,68,238…
Diwali shoppers may feel the excitement of GST 2.0, with headlines promising lower taxes on televisions, air-conditioners, cars, and other goods. At first glance, the new GST slabs — simplified to 5%, 18%, and 40% — appear to deliver a straightforward win for buyers. The government hopes the reform will reduce prices, simplify compliance, and…
Minister of state for external affairs and textiles, Pabitra Margherita will travel to Moscow this week for meetings with Russia’s Ministry of Industry and Trade and leading entrepreneurs from the textile and apparel sector, the Textile Ministry said on Monday.The visit, scheduled from October 1 to 3, comes at a time when India is scouting…
MUMBAI: The Reserve Bank of India (RBI) has set about easing lending norms while tightening its financial oversight. Its latest rules promise cheaper and more flexible loans for borrowers, wider access to credit against gold, and easier capital-raising avenues for banks. Draft proposals, meanwhile, would extend repayment terms, sharpen exposure limits and quicken credit reporting—measures…
