Business

Edelweiss Mutual Funds CEO and MD Radhika Gupta Italian luxury fashion house Prada has been facing severe online backlash after its latest collection showcased men’s sandals resembling India’s traditional Kolhapuri chappals. Edelweiss Mutual Funds CEO and MD Radhika Gupta weighed in on the ongoing controversy, highlighting the importance of acknowledging original creators and preserving India’s…

SEBI issued an interim directive stating that Jane Street would be banned from participating in the country’s securities market. (AI image) US trading firm Jane Street has been barred by Indian market regulator, the Securities and Exchange Board of India (SEBI), from domestic markets. SEBI has imposed restrictions on Jane Street trading firm, ordering them…

Market analysts anticipate continued consolidation, suggesting investors will likely maintain a cautious stance. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Friday. While Nifty50 was above 25,400, BSE Sensex was up over 50 points. At 9:19 AM, Nifty50 was trading at 25,413.90, up 9 points…

Asian markets waver as Trump’s Tariff deadline nears (Image credits: AP) Asian markets showed mixed movement on Friday as investors treaded carefully ahead of a looming US tariff deadline set by President Donald Trump. The uncertainty overshadowed positive cues from Wall Street, where a strong US jobs report lifted major indexes to record highs.Trump told…

MUMBAI: Reliance Retail Ventures announced on Thursday that it will buy a minority stake in UK-based FaceGym. This equity investment will bring FaceGym into India. It did not disclose financial details. FaceGym, a facial workout brand, was founded by former Financial Times journalist Inge Theron, with the first outlet opening in Selfridges, London, in 2014….

Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, UPL, and Chennai Petroleum Corporation are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for July 4, 2025:Index View: NIFTYIn recent weeks, the Nifty index has showcased remarkable resilience, maintaining its…

BENGALURU: Amid low single-digit salary hikes and growing job market unpredictability, the IT industry is witnessing a sharp rise in moonlighting-related verifications. Companies now scan for overlapping employment – clear indicators of concurrent roles or undisclosed prior engagements. Such discrepancies are automatically flagged and escalated for client review. The final determination of risk or policy…

NEW DELHI: The country’s economy is projected to grow by 6.4-6.7% during the current financial year, Rajiv Memani, newly appointed president of Confederation of Indian Industry (CII), said on Thursday but cautioned that geopolitical uncertainty could pose a risk to the forecast. “At a time when global economic and political volatility is at its highest…

India’s sugar sector has grown into a Rs 1.3 lakh crore annual industry, playing a key role in rural development, energy independence, and green fuel production, Union Food minister Pralhad Joshi said on Thursday.Speaking at the ‘Cooperative Sugar Industry Conclave 2025’ and ‘National Efficiency Award Ceremony’, Joshi credited policy reforms under Prime Minister Narendra Modi’s…

India’s rare earth situation reflects limitations in technical capacity and economic viability rather than lack of intention. (AI image) China dominates the world’s rare earth metals and minerals supply – and it’s a fact that the world’s second largest economy is exploiting to the fullest, increasingly so in view of the tariff war unleashed by…