Business

PM Modi hailed India’s 7.8% GDP growth, says youth dreams need sustained effort NEW DELHI: Prime Minister Narendra Modi on Tuesday urged Indians to embrace the ‘vocal for local’ mantra, asking people to avoid foreign holidays, hosting weddings abroad and buying gold unless necessary, while hailing the country’s robust GDP growth. He linked the appeal…

Namo Bharat trains have brought the Delhi-Meerut journey down to less than an hour, with trains operating at speeds of up to 160 kmph. In 2023, India saw the launch of its fastest commuter train service – the Regional Rapid Transit System (RRTS) train service, also called the Namo Bharat. Within years the entire corridor…

Crude prices continue to jump as Middle East tensions intensify Oil prices inched higher on Tuesday after renewed tensions between the US and Iran brought the risk of supply disruptions in the Middle East back to the forefront.Brent crude rose 55 cents, or 0.61%, to $91.04 while WTI crude was up 79 cents, or 0.92%,…

Indian shares are expected to open marginally higher on September 1 after data showed the economy grew a stronger-than-expected 7.8% year-on-year in the April-June quarter, helped by robust investment, manufacturing and consumer demand. GIFT Nifty futures pointed to a positive start for the Nifty 50, which closed at a one-month low of 24,080.4 on August…

Top stocks to buy or sell on September 1, 2026 Stock market recommendations: Indusind Bank, Computer Age Management Services (CAMS), and Dixon Technologies (India) are the top stocks to buy that have been picked by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan for September 1, 2026. Patanjali Foods has been identified as a…

Private economists raise FY27 GDP growth projections to 7-7.3% after strong Q1 data, marking fourth straight year above 7%. NEW DELHI: Within hours of govt estimating strong growth during April-June quarter, private sector economists started raising projections for the full year, reflecting the sustained strong growth momentum in the economy.According to estimates from various economists,…

Promoter to sell 22.1% stake for Rs 1,300 crore; combined entity to be 11th largest IT player BENGALURU: ITC Infotech is acquiring Ashok Soota’s Happiest Minds Technologies, creating a combined business that will be India’s 11th largest IT services player. Together, they will have revenue of Rs 7,033 crore and an employee strength of 19,000,…

Gold loans stand out again, account for 13% of incremental bank credit MUMBAI: Gold loans continued to drive retail borrowing, accounting for more than a third of the incremental bank credit to the retail segment during the first four months of FY27 (April–July 2026).According to the latest Reserve Bank of India (RBI) data on the…

MUMBAI: Monday’s Closing Auction Session (CAS) went off smoothly with Rs 39,718 crore (about $4.2 billion) worth of stocks traded on NSE alone during the session. It was also the day when MSCI emerging market index rebalancing, that was worth about $4 billion, took place during the last half-an-hour of trading, part of which overlapped…

ONGC to invest Rs 1 lakh crore in deepwater exploration over next 5 years, reports 3 new discoveries NEW DELHI: ONGC chairman and CEO Arun Kumar Singh on Monday said the exploration and production company will invest Rs 1 lakh crore in deepwater and ultra-deepwater exploration in offshore basins.Talking to reporters after AGM, Singh said…