Business

Portfolio Management Services' growth remains slow in Oct with EPFO allocations doing the heavy-lifting; HNIs missing in action

SBI and UTI alone account for most of the month’s AUM rise; analysts say HNI money hasn’t returned and the rebound is 'optical, not structural'

India witnessing pickup in trade flows from recently signed FTAs: Ficci President

He also said the proposed trade pacts with the US and the European Union (EU) are among the key pacts that Indian industry is keenly awaiting.

Exato Technologies IPO GMP soars to 114% as subscription crosses over 800 times on final day of bidding

Exato Technologies IPO allotment is likely to be finalised on Wednesday, while the company’s shares are scheduled to list on the BSE SME platform on Friday.

Apple to resist India order to preload state-run app as political outcry builds

In the wake of the criticism, telecom minister Jyotiraditya Scindia on Tuesday said the app was a 'voluntary and democratic system'

IndusInd Bank: Can it be a stock for the long term?

The new management is building a robust business with a diversified de-risked asset book and a granular liability franchise

Telecom investment strategy: Betting on Vodafone's survival via Indus Towers

Parag Thakkar, Senior Fund Manager at Fort Capital, shared his unique telecom investment strategy. Citing the government's significant stake and intent to save the telco, Thakkar believes Indus Towers offers deep value and stands to benefit significantly.

OECD paper on global mobility: How remote work triggers double taxation for Indian workforce

With technology enabling employees to work from anywhere, the current rules on tax residency, allocation of employment income, withholding obligations, and treatment of share-based compensation are becoming complex and pose double-taxation risks, say experts.

Hedging against India rupee weakness turns costlier as 90/USD looms

The 1-year dollar/rupee forward premium climbed 7 basis points on Tuesday, taking its three-session rise to more than 12 bps. Meanwhile, the 1-month premium hit 19.5 paisa, its highest level in nearly seven months.

'Right time' to unlock value for Maha's govt entities says CM Devendra Fadnavis

Fadnavis called it the 'right time' to unlock value in government entities and corporations, and the listings will be carried out in a phased manner to ensure a smooth transition to the market.

Bitcoin price swings amid increased volatility as uncertainty looms over Fed rate cut

Bitcoin’s price is up 0.58% percent in the last 24 hours. The morning session saw the cryptocurrency fall as low as $84,682 and peaked just above $87,193.

SBI stock top pick in PSU banking space, driven by attractive valuations: Expert says

Market expert Parag Thakkar outlines a bullish case for State Bank of India, citing its attractive valuation at just over one-time price-to-book and a significant subsidiary value of ₹300 per share. He highlights the bank's revised credit growth guidance of 12-14%, strong operational metrics including NIM expansion, and a stable margin outlook.

Meesho vs Aequs vs Vidya Wires IPO: Here's how the upcoming share sales stack up

Grey market estimates signal towards a strong listing for Meesho and Aequs, and a decent market debut for Vidya Wires.

India's October-November sugar output rises 43% on higher recovery rates

The higher output is expected to allow the world's second-largest sugar producer to export surplus supplies without risk of domestic shortages, although it could weigh on global prices

US tech trade is 'long in the tooth', India may perform better in 2026: Lyn Alden

The US technology stock rally is showing signs of fatigue due to high capital expenditure and rising competition, according to Lyn Alden, Founder of Lyn Alden Investment Strategies. Alden is more optimistic about India's market prospects for 2026.

How to keep your mobile number and email updated on all your financial accounts

A practical guide to making sure your bank, investment and insurance details stay current and secure.

Wockhardt’s Zaynich NDA gets USFDA acceptance: What India’s first NCE means for the company

The next critical steps in the USFDA process involve a rigorous on-site evaluation: "visiting manufacturing facilities, inspecting documents, and so on".

Silver futures retreat from record high as profit-taking halts rally

On the Multi Commodity Exchange (MCX), silver futures for March 2026 delivery tumbled by Rs 3,253, or 1.79 per cent, to Rs 1,78,777 per kilogram in 14,678 lots.

Swiggy shares rise 3% as report says firm plans to launch Rs 10,000-crore QIP next week

A report said that the company has shortlisted three banks to manage the share sale

The essence of economics

Why write about markets at all? 

India in a 'sweet spot', GDP growth to grow over 7 pc this fiscal: FICCI President

Goenka also said that the chamber's focus for the coming year would be to increase the share of the manufacturing sector in the GDP from its current 15-17 per cent to 20-25 per cent levels over time.