SBI hits back at 2.6% GDP growth claim, says numbers were compared incorrectly The State Bank of India (SBI) has rejected claims that India’s nominal GDP growth in the first quarter of FY27 was only 2.6%, saying the figure came from comparing two different versions of the GDP data.The pushback came after former finance secretary…
MCX Gold has extended its decline from the previous week, continuing to trade lower through the current week. Gold and silver price prediction today: Gold prices are falling but buying on dips is the recommended strategy this week, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group, adding that silver prices will…
Rupee gains 47 paise as record FCNR inflows boost forex liquidity (Image credit: Reuters) Rupee began Thursday on a strong note, gaining 47 paise to 94.26 against US dollar in early trade, as record foreign-currency deposit mobilisation bolstered the country’s foreign-exchange liquidity.The currency opened at 94.30 at the interbank foreign exchange market before moving up…
Top stocks to buy today on September 3, 2026 Top stock market recommendations: Bank of Maharashtra, Glenmark Pharma, and Tata Technologies have been shared as the top stocks to buy today on September 3, 2026 by Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth. The analyst has also shared technical views…
Asian markets traded largely higher, with most major regional indices in positive territory. Hong Kong’s Hang Seng Index gained 126.93 points, or 0.5%, to 25,438.14. South Korea’s KOSPI was the strongest performer among the key markets, rising 1.33%, or 86.96 points, to 6,649.68. Singapore’s Straits Times Index advanced 0.61% to 5,778.92, while Shanghai Composite climbed…
Oil prices edged lower on Thursday after a volatile session, as investors assessed the latest US-Iran strikes and their impact on oil supplies through the Strait of Hormuz.Brent crude stood at $95.33 a barrel, down 30 cents or 0.31% while WTI or West Texas Intermediate was trading at $90.88 a barrel, down 13 cents or…
India’s auto industry is warning that its next big vulnerability may not be vehicle production, but dependence on imported high-value technologies New Delhi: India’s auto industry is warning that its next big vulnerability may not be vehicle production, but dependence on imported high-value technologies, with the chiefs of Hyundai Motor India and Maruti Suzuki calling…
Canada’s La Caisse (formerly CDPQ) has bought a 24% stake in Brookfield-backed Altius Telecom Infrastructure Trust MUMBAI: Canada’s La Caisse (formerly CDPQ) has bought a 24% stake in Brookfield-backed Altius Telecom Infrastructure Trust for about Rs 12,100 crore ($1.3 billion). Brookfield and its entities will remain the largest shareholder in the company with a 37%…
For many Indians these days, the real value of gold may lie not in keeping it locked away, but in unlocking it. They say old is gold, and indeed old gold is turning into a golden opportunity for families in India as prices of the yellow metal rise, yielding an asset that is now increasingly…
India mobilised a record $127.23 billion through foreign-currency deposits under a special central bank programme aimed at strengthening the country’s foreign-exchange liquidity, highlighting the role of the overseas Indian community in supporting the economy during periods of market stress, the Reserve Bank of India said on Wednesday.Foreign Currency Non-Resident (Bank), or FCNR(B), deposits accounted for…
