Auto sales dip in August: Buyers delay purchases; GST rejig hopes keep demand in check

[ad_1] Leading automakers, including Maruti Suzuki, Hyundai, Mahindra, and Tata Motors, reported a decline in vehicle dispatches to dealers in August as buyers deferred purchases amid expectations of lower prices under the proposed goods and services tax (GST) rejig.Maruti Suzuki India, the country’s largest carmaker, posted an 8% year-on-year fall in passenger vehicle dispatches at…

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Commercial LPG cylinders cheaper by Rs 51.50; ATF cut by 1.4%, domestic gas prices unchanged

[ad_1] Prices of aviation turbine fuel (ATF) and commercial LPG were reduced on Monday, bringing partial relief to airlines and businesses, though domestic cooking gas rates remain steady.Aviation turbine fuel (ATF) prices were cut by 1.4 per cent on Monday, while commercial LPG cylinders became cheaper by Rs 51.50, reflecting a decline in global benchmark…

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Sebi’s cyber framework: Tiered relief proposed for small intermediaries; experts flag compliance risks

[ad_1] Sebi proposes revised rules for cyber-security framework Sebi’s recent clarifications on its Cybersecurity and Cyber Resilience Framework introduced tiered compliance standards, reducing requirements for smaller intermediaries. While the move is seen as a step toward strengthening market security and aligning with global norms, experts caution that smaller firms may still struggle with the costs…

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Muted September for D-Street? Trends suggest caution for markets; GDP, GST and US tariffs send mixed cues

[ad_1] Historical patterns indicate a potentially muted period for Indian equity markets in September. Last year during this month, Indian stocks reached their highest points before experiencing significant volatility.Statistical analysis by Motilal Oswal Financial Services, cited by Economic Times, reveals that both Nifty 50 and Nifty 500 have declined in six out of the previous…

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India’s holdings of US Treasury bill down! Gold finds favour in forex reserves; still among top 20 T-bills investors

[ad_1] Data reveals a decline in India’s US T-bill investments in June compared to the previous year, whilst its gold reserves increased during this period. (AI image) US Treasury bills seem to be losing favour, with the Reserve Bank of India (RBI) stepping up gold holdings to increase India’s foreign exchange reserves. India’s central bank…

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Silver price today: Silver crosses Rs 1.24 lakh to hit record high in futures trade; what’s driving the rally?

[ad_1] Silver booked records on domestic front and touched a record high since 2011 in COMEX on the back of safe haven buying. (AI image) Silver price today: Silver prices surged by Rs 2,597 on Monday, crossing the significant Rs 1.24 lakh threshold per kilogram in futures trading and hitting record highs, following robust performance…

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Harvard’s Harry Dent predicts Bitcoin could disrupt $630 trillion financial market: ‘The biggest number in the world’ | Business

[ad_1] Harry Dent, the Harvard Business School graduate and economic forecaster often labeled a “doomsday expert” for his decades of bearish market predictions, has taken a surprisingly optimistic stance on cryptocurrency. In a recent conversation with Rich Dad Poor Dad author Robert Kiyosaki, Dent argued that Bitcoin and crypto technology could transform the $630 trillion…

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Big boost! India’s manufacturing PMI hits 17.5-year high; rate of output expansion quickest in nearly 5 years

[ad_1] The HSBC report indicated that substantial domestic demand continued to support significant increases in factory orders. (AI image) In a big boost for the Indian economy, the manufacturing sector Purchasing Managers’ Index (PMI) rose to a 17.5-year high in August.The manufacturing sector demonstrated increased growth in August, with PMI rising to 59.3 from July’s…

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‘Brahmins profiteering’: Trump trade adviser’s latest jibe at India over Russian oil; defends tariffs

[ad_1] Peter Navarro (File photo) US President Donald Trump’s advisor Peter Navarro renewed his criticism of India, accusing the country of indirectly funding Russia’s war in Ukraine through discounted oil purchases—and claiming that Brahmins are profiting at the expense of Indians.“Look, Modi’s a great leader. I don’t understand why he’s getting into bed with Putin…

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