Business

Muhurat Trading 2025 top stock picks for Samvat 2082: As India enters Samvat 2082, stock markets prepare for one of their most symbolic traditions, Muhurat Trading, a special one-hour session that marks the start of the new Hindu financial year.The NSE and BSE will open their floors exclusively for this ceremonial trading window, while remaining…

Stock markets are gearing up for one of their most cherished traditions, Muhurat Trading, on Tuesday, leaving many investors wondering whether the market is open today or closed for Diwali Laxmi Pujan. Muhurat trading 2025: Are stock markets closed today? This year, the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain closed…

Apple is about to touch $4 trillion market valuation as the tech giant’s shares soared to lifetime highs on Monday. This lift came on the back of early sales of its new iPhone 17 series, which exceeded expectations in major markets.According to research firm Counterpoint, the latest iPhone 17 outsold the iPhone 16 series by…

MUMBAI: Growth for the Indian economy is projected to remain resilient amid global uncertainties and the outlook for inflation has been revised downwards, opening up policy space for further supporting growth, a report by RBI said.“The Indian economy displayed resilience amid broader global uncertainty and weak external demand,” said RBI’s state of the economy report…

MUMBAI: The country’s largest and second-largest private banks, HDFC Bank and ICICI Bank, continued to be cautious in expanding their personal loan books in Q2, particularly in the unsecured segment.HDFC Bank’s retail loans rose 7.4% year-on-year and 2.2% quarter-on-quarter to Rs 15,55,400 crore, MD & CEO Sashidhar Jagdishan said in the earnings call. He emphasised…

MUMBAI: A century-old law is holding back India’s efforts to recover bad loans. Asset reconstruction companies (ARCs) say a provision in the Indian Registration Act of 1908, which requires them to register every loan transfer with state registrars, persists despite the creation of a centralised digital alternative more than a decade ago.Each time an ARC…

US President Donald Trump on Monday set the tone for his upcoming meeting with China’s President Xi Jinping, saying the two countries would strike a “fantastic deal” — and warning that failure to reach an agreement could see China face potential tariffs of 155%.“I think we’re going to end up having a fantastic deal with…

MUMBAI: In an anticipated move, trustees of Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT) approved reappointment of trustee and vice-chairman Venu Srinivasan for life on Monday, setting aside recent differences over governance issues.The decision follows reappointment of trustee and chairman Noel Tata in Jan 2025, with no limits on his tenure….

KOLKATA: A comparatively cool summer has helped the state-run discom, West Bengal State Electricity Distribution Company Ltd (WBSEDCL), save between Rs 600 crore and Rs 700 crore through the season this year compared to the past three years.According to an official, the discom saved Rs 150 crore-200 crore in power purchases, having bought 500-700MW on…

MUMBAI: The trading for Samvat year 2081 that ended on Monday was marked by high volatility with geopolitical issues and rate cuts across the world taking centre stage. As uncertainty increased, across the world, investors eyed haven assets like gold and silver, and drove their prices to all-time peaks. Since last Diwali, the start of…