Tuesday’s opening bell had an unusual twist: the Nifty50 and BSE Sensex parted ways instead of moving in sync, leaving investors wondering about the rare phenomenon. While Nifty 50 was down 159.25 points, or 0.64%, at 24,615.00, BSE Sensex was up 166.15 points, or 0.21%, at 78,805.18 around 9:42 am.Explaining the move, the National Stock…
Food regulator FSSAI prohibited Dabur from selling many products. The Food Safety and Standards Authority of India (FSSAI) has prohibited Dabur India from selling several food products carrying “100 per cent” claims, saying such labelling are “ambiguous, unverifiable” and “likely to mislead consumers”.In a post on social media on Monday, the food regulator said it…
Which are the top stock picks for August 4, 2026? Stock market recommendations: Honasa Consumer, Gland Pharma, Bata India, and Siemens – these are the top stocks to buy picked by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan for August 4, 2026:Buy Honasa Consumer at CMP; Stop Loss: 437 on a closing basis;…
NEW DELHI: Finance minister Nirmala Sitharaman is set to introduce further amendments to tax laws going beyond the Ordinance offering concessions to overseas investors putting money in govt bonds.According to the bill that has been circulated, it has been proposed to replace the broad reference to “electronic goods” with a defined list of “specified electronic…
Oil prices rebounded modestly on Tuesday after posting their biggest single-day decline in weeks in the previous session.Benchmark oil prices extended their recovery, with Brent crude climbing $0.49, or 0.58%, to $84.26 a barrel, while WTI crude advanced $0.41, or 0.51%, to $80.75 a barrel around 7:20 am IST.The rebound followed Monday’s 7% slide, which…
A parliamentary panel suggests lowering the minimum director age to eighteen years. NEW DELHI: The joint committee of Parliamentary panel examining the amendments to the Companies Act has recommended reducing the minimum age for appointment as managing director and whole-time director from 21 years to 18, bringing it in line with similar age caps in…
CHENNAI: Flagging that “free is the most expensive word in public policy”, chief economic adviser (CEA) Anantha Nageswaran said infrastructure built on the promise of free or below-cost services cannot attract patient capital. “What makes infrastructure worthy of patient capital? There are three conditions: quality infrastructure, contract certainty, and policy certainty. And the fourth, which…
Oil prices tumbled more than 6% on Monday as hopes of a diplomatic breakthrough between the United States and Iran erased part of last month’s rally. However, uncertainty over the negotiations and persistent security risks along key shipping routes has kept investors on edge.As of 7:10 am, WTI crude was down 4.75% at $80.65 a…
Gold has shown signs of stabilising after a prolonged corrective phase, with prices rebounding from recent lows and moving back above the 20-day average. Gold price prediction today: Gold prices are showing signs of stabilising after a prolonged phase of correction, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold prices…
FSSAI cracks down on liquor brands over flavouring and misleading claims NEW DELHI: The Food Safety and Standards Authority of India (FSSAI) has initiated enforcement action against several alcoholic beverage manufacturers, including makers of Old Monk, McDowell’s, Bagpiper, Antiquity Blue, Royal Challenge over the alleged use of non-permitted flavouring practices and misleading age-related claims, saying…