Category: Top News

Basmati price rise due to demand surge, unrelated to India-Pakistan tensions: Exporters body

[ad_1] The recent uptick in Basmati rice prices is driven by increased international demand and not linked to geopolitical tensions between India and Pakistan, according to the All India Rice Exporters Association (AIREA).AIREA President Satish Goel clarified that the export prices of Basmati varieties 1509 and 1718 have seen a slight rise since March due

Billionaire Sunil Mittal in talks to buy $2 Billion stake in Haier India: Report

[ad_1] The Bloomberg Billionaires Index estimates Sunil Mittal and his family’s net worth at $28 billion. Billionaire Sunil Mittal is looking to purchase a 49% stake in Haier Smart Home Co.’s Indian division, sources close to the matter indicate. This strategic move aims to capitalise on the increasing demand for household appliances in India.The founder

India-Pakistan tensions: Defence stocks surge over 5% as Operation Sindoor continues

[ad_1] The defence allocation in India’s budget for FY2026 is set at Rs 6.81 lakh crore. (AI image) Operation Sindoor impact on defence stocks: Defence-related stocks on Friday saw significant gains, with companies like Hindustan Aeronautics and Bharat Forge showing increases of up to 4% amid escalating tensions between India and Pakistan.Paras Defence recorded the

India-Pakistan tensions: Karachi Stock Exchange index KSE 100 up 2% after crash

[ad_1] KSE 100 had dropped 7.6% to 101,598.91 on Thursday. (AI image) Operation Sindoor: The Karachi stock exchange has shown signs of recovery on Friday, rising 1.9% after experiencing a significant decline the previous day. The index had dropped 7.6% to 101,598.91 on Thursday, necessitating a one-hour trading suspension due to market instability.The KSE-100 reached

Gold prediction today: What’s the gold rate outlook for May 9, 2025 – should you buy or sell?

[ad_1] Gold rate prediction: Gold futures (MCX June 2025 contract) are currently trading in a consolidation phase. (AI image) Gold price prediction today: Where are gold prices headed? Should you buy gold or sell gold? What are the factors that will drive gold rates in the near future? Jateen Trivedi, VP Research Analyst – Commodity

Top stocks to buy today: Stock recommendations for May 9, 2025

[ad_1] Investec maintained its ‘sell’ rating on Punjab National Bankwith the target price cut to Rs 85 from Rs 90 earlier. Analysts said the bank’s net interest margin was weak while the return on assets outlook was softening. It reported slower loans growth due to lower retail/corporate disbursements.Analysts expect profitability moderation this year.Morgan Stanley maintained

Operation Sindoor impact on stock market today: How will Nifty50, BSE Sensex react to rising India-Pakistan tensions?

[ad_1] Market uncertainty is likely to continue as participants monitor ongoing developments between India and Pakistan. (AI image) Operation Sindoor impact on Indian stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, are expected to open in red on Friday after continued escalation of tensions between India and Pakistan. Indian stock market’s reaction

Jewellery unit head Ajoy Chawla named Titan MD

[ad_1] BENGALURU: Ajoy Chawla will take charge as Titan‘s new managing director, effective Jan 1 next year. The current MD, CK Venkataraman’s term, will conclude on Dec 31 this year, adhering to the Tata Group’s retirement guidelines upon reaching superannuation age.Since becoming CEO of Titan’s jewellery division in 2019, Chawla has led the division to