[ad_1] Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, RHI Magnesita India, Exide Industries, and Swiggy are the top stocks to buy today:RHIM – Breakout Above 200 EMA/SMABuy near: ₹510 | SL: ₹470 | Target: ₹600RHI Magnesita India has…
[ad_1] MUMBAI: An SBI report has cautioned that aggressive tax enforcement targeting small businesses could undermine the gains of formalisation under the GST. In a research note, the bank cautioned that such measures risk pushing informal players back into the cash economy. “A recent case from Karnataka illustrates this tension, where numerous small traders and…
[ad_1] MUMBAI: Paytm swung to profit in the June quarter after two straight quarters of losses, posting net profits of Rs 123 crore on a consolidated basis as attempts to check costs and streamline operations leveraging AI paid off. This is the company’s first quarter of profit from its core business.The fintech, whose business was…
[ad_1] General Motors reported a 35% year-on-year decline in second-quarter profit but managed to surpass Wall Street expectations and held firm on its full-year outlook that had been revised downward in May due to tariff-related headwinds.For the quarter ended June 30, GM posted a net profit of $1.89 billion, or $1.91 per share, compared to…
[ad_1] US stock markets hovered near record highs on Tuesday as investors weighed mixed earnings and trade policy signals, with General Motors flagging a $4–5 billion tariff hit for 2025, while homebuilders surged on better-than-expected second-quarter profits.The S&P 500 was little changed after reaching a fresh record on Monday. The Dow Jones Industrial Average rose…
[ad_1] MUMBAI: Paytm swung to profit in the June quarter after two straight quarters of losses, posting net profits of Rs 123 crore on a consolidated basis as attempts to check costs and streamline operations leveraging AI paid off. The Noida-based fintech, whose business had been impacted following RBI’s directive to wind down its banking…
[ad_1] The Union Cabinet has approved the long-pending free trade agreement (FTA) between India and the United Kingdom, which is scheduled to be signed in London on July 24 during Prime Minister Narendra Modi’s visit, PTI reported citing official sources.The pact, formally called a Comprehensive Economic and Trade Agreement, was finalised on May 6 after…
[ad_1] The rupee on Tuesday fell 7 paise to close at 86.38 against the US dollar, weighed down by persistent uncertainty over the India-US trade deal ahead of the August 1 deadline and continued foreign fund outflows.At the interbank foreign exchange market, the domestic currency opened at 86.26, touched an intra-day high of 86.22 and…
[ad_1] Blinkit’s blistering growth has delivered a massive windfall for Eternal CEO Deepinder Goyal, whose net worth jumped by Rs 2,000 crore in just two trading sessions, as Eternal’s stock soared over 21% and hit a fresh all-time high of Rs 311.60 on the NSE.Goyal, the 42-year-old self-made billionaire and co-founder of Eternal, now holds…
[ad_1] US president Donald Trump on Tuesday announced that the Philippines will pay a 19% tariff under a new trade agreement between the two countries.“It was a beautiful visit, and we concluded our trade deal, whereby the Philippines is going open market with the United States and zero tariffs. The Philippines will pay a 19%…