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In 100 Days, Have Tried to Address Every Sector, Factor for Country's Progress: PM Modi
In 100 Days, Have Tried to Address Every Sector, Factor for Country's Progress: PM Modi

Prime Minister Narendra Modi on Monday said his government in the first 100 days of its third term had tried to address every sector and factor for rapid progress of the country.

GST council to review GoM reports on rate rationalisation and real estate in 54th meet
GST council to review GoM reports on rate rationalisation and real estate in 54th meet

Sources say, "The GST Council is likely to be presented with a status report on rate rationalisation by the Group of Ministers (GoM). The GoM is likely to inform that discussions need to start afresh on rates, slabs, merger of slabs, simpler rate structures, and correction of the inverted duty structure."

Goldman Sachs, Citigroup cut China's 2024 growth forecast to 4.7%
Goldman Sachs, Citigroup cut China's 2024 growth forecast to 4.7%

Weak economic activity in August has ramped up attention on China's slow economic recovery and highlighted the need for further stimulus measures to shore up demand.

Ministry of Corporate Affairs announces new rules for mergers involving foreign companies
Ministry of Corporate Affairs announces new rules for mergers involving foreign companies

The new rules stipulate important changes for companies involved in mergers and amalgamations, especially when dealing with foreign entities.

Farmers can use, reuse and share. Only, they can’t brand and market: PPVFRA Chairperson
Farmers can use, reuse and share. Only, they can’t brand and market: PPVFRA Chairperson

Trilochan Mohapatra, Chairperson of PPV&FRA, discusses plant variety registrations and farmers’ rights

RE-Invest 2024 | ₹12,000 crore for hydropower, 2 million jobs: PM Modi outlines India's renewable energy roadmap
RE-Invest 2024 | ₹12,000 crore for hydropower, 2 million jobs: PM Modi outlines India's renewable energy roadmap

The Prime Minister also highlighted India's goal of generating 31 GW of hydropower in the near future, with over ₹12,000 crore allocated for the project. He was speaking at the RE-Invest 2024 summit.

Ripped jeans, crop tops: It's Gen Z time for fashion retailers
Ripped jeans, crop tops: It's Gen Z time for fashion retailers

Fashion retailers like Myntra, Max Fashion and Madame adapt their collections and platforms to Gen Z's preferences, reflecting a shift in fashion trends.

Expert Tips On How To Negotiate Salary With HR As A Fresher
Expert Tips On How To Negotiate Salary With HR As A Fresher

Experts believe salary negotiation isn't just about asking for more money

Now, SBI MF launches Nifty 500 Index Fund: should you invest?
Now, SBI MF launches Nifty 500 Index Fund: should you invest?

Index funds, such as the Nifty 500, are passively managed and seek to replicate the performance of the underlying index.

Aligarh-Palwal Expressway: Tendering Process Begins for 32 km Greenfield Project
Aligarh-Palwal Expressway: Tendering Process Begins for 32 km Greenfield Project

Motorists in Noida and Gurugram will benefit as they will experience less congestion.

Thailand to roll out ETA for India, 92 other nations from Dec 1: Know more
Thailand to roll out ETA for India, 92 other nations from Dec 1: Know more

This comes on the back of Thailand expanding its visa exemption to more countries in July 2024

Snapchat bets on creators in smaller cities to tap into Indian market
Snapchat bets on creators in smaller cities to tap into Indian market

With over 200 million monthly active users in India, the platform is offering incentives to attract regional creators to monetise content by sharing relatable experiences

GST council to review GoM reports on rate rationalisation and real estate in 54th meet
GST council to review GoM reports on rate rationalisation and real estate in 54th meet

Sources say, "The GST Council is likely to be presented with a status report on rate rationalisation by the Group of Ministers (GoM). The GoM is likely to inform that discussions need to start afresh on rates, slabs, merger of slabs, simpler rate structures, and correction of the inverted duty structure."

Ministry of Corporate Affairs announces new rules for mergers involving foreign companies
Ministry of Corporate Affairs announces new rules for mergers involving foreign companies

The new rules stipulate important changes for companies involved in mergers and amalgamations, especially when dealing with foreign entities.

Gold Rate Today In India: Check Latest Price In Your City On September 16
Gold Rate Today In India: Check Latest Price In Your City On September 16

Gold Rate Today: Stay updated with the latest gold prices across various cities in India today.

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On September 16
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On September 16

Stay updated with the latest petrol and diesel prices in Mumbai, other cities for September 16, 2024. Discover the current rates per litre and understand the factors influencing daily fuel prices.

GST council to review GoM reports on rate rationalisation and real estate in 54th meet
GST council to review GoM reports on rate rationalisation and real estate in 54th meet

Sources say, "The GST Council is likely to be presented with a status report on rate rationalisation by the Group of Ministers (GoM). The GoM is likely to inform that discussions need to start afresh on rates, slabs, merger of slabs, simpler rate structures, and correction of the inverted duty structure."

No rollback on windfall tax, mechanism to stay: Sources
No rollback on windfall tax, mechanism to stay: Sources

Sources in the know told CNBC-TV18 that policy decisions are not made in advance

Ministry of Corporate Affairs announces new rules for mergers involving foreign companies
Ministry of Corporate Affairs announces new rules for mergers involving foreign companies

The new rules stipulate important changes for companies involved in mergers and amalgamations, especially when dealing with foreign entities.

GST council to review GoM reports on rate rationalisation and real estate in 54th meet
GST council to review GoM reports on rate rationalisation and real estate in 54th meet

Sources say, "The GST Council is likely to be presented with a status report on rate rationalisation by the Group of Ministers (GoM). The GoM is likely to inform that discussions need to start afresh on rates, slabs, merger of slabs, simpler rate structures, and correction of the inverted duty structure."

Markets News

Where's the market leading now, read sectorial sentiments

Bizongo carves out BizongoFin, BizongoBuy; appoints CEOs, group CTPO & CFO
Bizongo carves out BizongoFin, BizongoBuy; appoints CEOs, group CTPO & CFO

Bizingo has appointed Kiran Dev as Chief Executive Officer to lead BizongoFin, the fintech arm.

Emperium targets Rs 775cr revenue from township in Yamunanagar, housing project in Gurugram
Emperium targets Rs 775cr revenue from township in Yamunanagar, housing project in Gurugram

Realty firm Emperium Pvt Ltd will develop a 40-acre township in Yamunanagar and a housing project in Gurugram over the next three years, with an estimated revenue potential of Rs 775 crore. The company plans to develop an additional 2.1 million square feet across 1,055 units during this period.

US regulatory power faces fresh test as new Supreme Court term nears
US regulatory power faces fresh test as new Supreme Court term nears

USA-COURT/BUSINESS (PIX):US regulatory power faces fresh test as new Supreme Court term nears

Western Carriers IPO subscribed 3.47 times so far on day 2. Check GMP, other details
Western Carriers IPO subscribed 3.47 times so far on day 2. Check GMP, other details

Western Carriers IPO: The Western Carriers IPO includes a fresh equity issuance of Rs 400 crore and an offer for sale (OFS) of up to 54 lakh shares by promoter Rajendra Sethia. In the unlisted market, the company’s shares were trading at a grey market premium of Rs 55 per share, which represents a 32% premium over the upper end of the issue price range.

Lending firms utilise Account Aggregator framework for Rs 42,300 crores in loans: Sahamati
Lending firms utilise Account Aggregator framework for Rs 42,300 crores in loans: Sahamati

Sahamati is a market-led industry alliance for the AA ecosystem. The report on ‘Lending facilitated by Account Aggregators’ is the first of a series. It aims to track the adoption and usage of the AA framework.

Small-cap SME stock Tac Infosec hits upper circuit. Rises 650% in six-month post-listing
Small-cap SME stock Tac Infosec hits upper circuit. Rises 650% in six-month post-listing

Stock Market Today: Small-cap SME stock Tac Infosec share price hit upper circuit during intraday trades on Monday on the NSE. It has gained more than 650% in six months compared to its IPO issue price at ₹106. Check price

Eros Group aims Rs 900 crore revenue from new housing project in Greater Noida West
Eros Group aims Rs 900 crore revenue from new housing project in Greater Noida West

Realty firm Eros Group anticipates around Rs 900 crore revenue from its new housing project 'Eros Sampoornam 3' in Greater Noida West. The project, featuring 726 units over 5.5 acres, is set for delivery by 2028. Early sales success highlights strong demand for premium residential properties.

Mercedes-Benz introduces second India-made electric vehicle
Mercedes-Benz introduces second India-made electric vehicle

Mercedes-Benz has announced an additional investment of ₹200 crore in January towards manufacturing operations, new product start-ups and digitisation of manufacturing processes

Will Ather’s fate be similar to Ola’s? Analysts are more cautious than optimistic.
Will Ather’s fate be similar to Ola’s? Analysts are more cautious than optimistic.

Even as a flood of liquidity and positive sentiment has increased investors’ appetite for risk, industry experts remain cautious of Ather’s valuations as it trails market leader Ola Electric on every key metric.

Upcoming IPO: Mumbai-based Fabtech Technologies files draft papers for IPO with SEBI
Upcoming IPO: Mumbai-based Fabtech Technologies files draft papers for IPO with SEBI

Upcoming IPO: Fabtech Technologies Ltd has filed a draft red herring prospectus with SEBI for an IPO. The company, based in Mumbai, specialises in pharmaceutical equipment solutions and aims to raise funds for working capital and growth opportunities through acquisitions.

Will China’s economic slowdown hurt gold market? Sachin Jain explains
Will China’s economic slowdown hurt gold market? Sachin Jain explains

​And jewellery market has been sluggish and has been down. And the revival of that is not necessarily to do with the revival of gold, but also an economy of jewellery and consumption generally in China.

Eid-e-Milad-un-Nabi a settlement holiday, but Zerodha allows trading, says Nithin Kamath
Eid-e-Milad-un-Nabi a settlement holiday, but Zerodha allows trading, says Nithin Kamath

Indian stock markets are open today despite Eid-e-Milad-un-Nabi being a settlement holiday. While most brokers restrict selling stocks bought on Friday due to the holiday, Zerodha allows it. However, equity intraday profit credits and F&O credits are not available for withdrawal today.

Innomet Advanced Materials IPO allotment finalised today. Step-by-step guide to check status online
Innomet Advanced Materials IPO allotment finalised today. Step-by-step guide to check status online

Innomet Advanced Materials has finalized its IPO, valued at ₹34.24 crore, with overwhelming demand. The issue, subscribed 323.92 times, will list on NSE SME on September 18, 2024. Investors can check allotment status online via Skyline Financial Services.

Mercedes-Benz India launches EQS 580 4MATIC electric SUV starting at ₹1.41 cr
Mercedes-Benz India launches EQS 580 4MATIC electric SUV starting at ₹1.41 cr

Mercedes-Benz India has launched the locally produced EQS 580 4MATIC electric SUV, priced at Rs 1.41 crore. This marks the second locally produced EV by the company in India. The move aligns with the Make-in-India initiative and aims to promote electrification and provide more choices to customers.

Shubhshree Biofuels Energy share price hits 5% upper circuit after listing; stock debuts with 59% premium on NSE SME
Shubhshree Biofuels Energy share price hits 5% upper circuit after listing; stock debuts with 59% premium on NSE SME

Shubhshree Biofuels Energy share price debuted on NSE SME at ₹189, a 58.82% rise from its IPO price of ₹119. The IPO was 132.89 times subscribed, with plans to fund new equipment and working capital.

Top stock pick from Aditya Arora for near term
Top stock pick from Aditya Arora for near term

​Overall, there is neutral view on the macro front but if we look at technicals, then technically a lot of stocks are looking actually good because they rebounded pretty sharply and options activity is positive. So, maintaining neutral to positive stands on metals.

Can Akzo Nobel maintain growth in a volatile paint industry? Rajiv Rajgopal answers
Can Akzo Nobel maintain growth in a volatile paint industry? Rajiv Rajgopal answers

We are focused on that at this point of time and between all our verticals of paints and coatings, we are trying to make sure we do it. How are we going about it? You may have just read. We have just announced an addition of 5,000 tonne capacity in our Gwalior for our powder business, that is one of our fast growing business and now with the capacity augmented at Gwalior, we should be able to serve our customers, particularly in the northern and eastern part of the country and the team is doing a fabulous job.

BMW group introduces Retail.NEXT in India
BMW group introduces Retail.NEXT in India

BMW has launched a new retail concept in India, allowing dealers to sell BMW, MINI, and BMW Motorrad products under one roof. The initiative, Retail.NEXT, involves a joint investment of Rs 365.6 crore across 33 cities over 36 months. This aims to enhance customer engagement through integrated 'phygital' innovations.

Why is money not credited to the demat account after squaring off position on Friday? Zerodha's Nikhil Kamath explains
Why is money not credited to the demat account after squaring off position on Friday? Zerodha's Nikhil Kamath explains

Stock Market Today: Today is a settlement holiday, and thus, settlements of funds and stocks don't happen. Banks in Maharashtra are closed, but trading on exchanges is open, said Zerodha founder Nikhil Kamath in a tweet.

Power transmission is an immediate mega-theme one can bet on: Ravi Dharamshi
Power transmission is an immediate mega-theme one can bet on: Ravi Dharamshi

Ravi Dharamshi, CIO of ValueQuest Investment Advisors, highlights the energy transition theme as a significant investment opportunity. He emphasizes the potential in solar energy and power transmission sectors. Despite the current popularity, Dharamshi believes these trends have long-term growth prospects and advises investors to diversify across multiple themes for balanced portfolios.

Euro net long speculative positions ease slightly
Euro net long speculative positions ease slightly

Large currency speculators in the Euro futures market slightly reduced their net long positions, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net long position of 81433 contracts in the data reported through September 10, 2024. This was a weekly fall of 18585 net long contracts.

Northern Arc Capital IPO fully subscribed on Day 1 of bidding process. Check GMP, other details
Northern Arc Capital IPO fully subscribed on Day 1 of bidding process. Check GMP, other details

Northern Arc Capital's IPO, which opened for subscription on Monday, was fully subscribed on the first day, driven by strong demand from retail investors. The company has set a price band of Rs 249-263 per share and aims to raise up to Rs 777 crore. Analysts recommend subscribing due to the company's growth potential and strong financial performance.

Indoor Amusement Centers space to rise 67% to 11 million sq ft by 2028 end
Indoor Amusement Centers space to rise 67% to 11 million sq ft by 2028 end

Indoor Amusement Centers (IACs) are driving footfall and consumer engagement in India’s retail sector. A JLL India study projects a 67% increase in IAC stock, reaching 11 million sq ft by 2028. Currently, over 90 malls host multiple IACs across 83 cities, with strong leasing activity noted in Delhi-NCR and Bengaluru.

Systematix Corporate hits life high on raising Rs 103 cr via preferential issue
Systematix Corporate hits life high on raising Rs 103 cr via preferential issue

Systematix Corporate Services (SCSL) informed that it has raised Rs 103.12 crore through preferential allotment of equity shares at Rs 1,531 per share.

Rs 32.45 lakh crore finance pledged for India's renewables sector: Pralhad Joshi
Rs 32.45 lakh crore finance pledged for India's renewables sector: Pralhad Joshi

Union New & Renewable Energy Minister Pralhad Joshi has called on investors to support India's renewable energy sector, highlighting commitments of Rs 32.45 lakh crore in financing and significant capacity additions. The country aims for 500 GW by 2030, with substantial increases in solar and wind capacities.

What an IPO signals about Ather's battle against Ola Electric
What an IPO signals about Ather's battle against Ola Electric

For long, Ather was known for engineering, and Ola Electric was known for scale. With its planned IPO, Ather wants to change gears.

US stocks extend uptrend
US stocks extend uptrend

Stocks moved mostly higher during trading on Friday, extending the upward trend seen over the past several sessions. The major averages on Wall Street all finished the day firmly in positive territory. The Dow advanced 297.01 points or 0.7 percent to 41,393.78, the Nasdaq climbed 114.30 points or 0.7 percent to 17,683.98 and the S&P 500 rose 30.26 points or 0.5 percent to 5,626.02.

Natural Gas: Bullish. Go long now
Natural Gas: Bullish. Go long now

MCX Natural Gas Futures contract can rise back to ₹210-₹215

Lumax Auto acquires majority stake in Greenfuel Energy; stock flies 9%
Lumax Auto acquires majority stake in Greenfuel Energy; stock flies 9%

The uptick in the share price came after the company announced the acquisition of a majority stake in Greenfuel Energy Solutions Private Limited (Greenfuel) from its existing shareholders.

SEBI dismisses case against NSE, Chitra Ramkrishna, Ravi Narain, others in co-location facility matter
SEBI dismisses case against NSE, Chitra Ramkrishna, Ravi Narain, others in co-location facility matter

The case relates to the alleged preferential access given to certain broking firms, including OPG Securities, in the form of 'dark fibre' at NSE to connect across the colocation facilities before other members.

No market crash on the horizon; private banks to pip PSBs, power a mega theme: Ravi Dharamshi
No market crash on the horizon; private banks to pip PSBs, power a mega theme: Ravi Dharamshi

Ravi Dharamshi, the CIO of ValueQuest Investment Advisors, discusses the current market conditions, highlighting that while some sectors are overvalued, others present opportunities. He emphasizes India's strong fundamentals and domestic flows. Dharamshi also explores the potential of private sector banks and the significant impact of energy transition on future investments.

JSPL, JRPL sign pact to invest in green hydrogen production in Odisha
JSPL, JRPL sign pact to invest in green hydrogen production in Odisha

The steel producer said on Monday that this represents the largest investment in green hydrogen by any Indian steelmaker

Arkade Developers IPO sails through on first day of bidding. Check GMP, other details
Arkade Developers IPO sails through on first day of bidding. Check GMP, other details

Arkade Developers IPO GMP Today: Arkade Developers' IPO was fully subscribed within 2 hours, driven by strong retail interest. The issue, priced at Rs 121-128 per share, is expected to benefit from Mumbai's real estate growth.

Bengaluru Development Authority to switch all properties to e-Khata system starting Sept 13
Bengaluru Development Authority to switch all properties to e-Khata system starting Sept 13

Starting September 13, 2024, the Bengaluru Development Authority (BDA) will transition all properties under its jurisdiction to an e-khata system, replacing the traditional paper-based khata system. This move aims to enhance transparency in property transactions, help identify double registrations and fraudulent activities, and allow buyers to verify property legality.

NSE SME Gajanand International climbs on market entry
NSE SME Gajanand International climbs on market entry

NSE SME Gajanand International were trading at Rs 39.90 on the NSE, a premium of 10.83% compared with the issue price of Rs 36.

India’s AI Edge: Experts at the ET Soonicorns Summit 2024 to dive deep into the country’s artificial intelligence landscape
India’s AI Edge: Experts at the ET Soonicorns Summit 2024 to dive deep into the country’s artificial intelligence landscape

The ET Soonicorns Summit 2024 is set to take place in Bengaluru on September 20, 2024, with the theme ‘From Resilience to Resurgence.’ With thought leaders and industry experts ready to share insights into the potential and challenges of AI, this summit will drive critical dialogues and actionable ideas for the Indian startup ecosystem. Register now!

Stock market update: Nifty Pharma index  advances  0.25% in  an upbeat  market
Stock market update: Nifty Pharma index advances 0.25% in an upbeat market

The Nifty Pharma index was trading 0.25 per cent up at 23515.7.

Tata Power share are up by 0.33%, Nifty up by 0.1%
Tata Power share are up by 0.33%, Nifty up by 0.1%

Tata Power Share Price Today : On the last trading day, Tata Power opened at ₹443.2 and closed slightly higher at ₹443.3. The stock reached a high of ₹451.6 and a low of ₹441.2 during the day.

Systematix Corporate Services shares hit all-time high on raising ₹103 crore via preferential issue
Systematix Corporate Services shares hit all-time high on raising ₹103 crore via preferential issue

Systematix Corporate Services Share Price | In a stock exchange filing, the financial services firm said it had raised ₹103.12 crore through a preferential allotment of equity shares priced at ₹1,531 apiece.

Arkade Developers IPO GMP zooms 62% on opening day; should you subscribe?
Arkade Developers IPO GMP zooms 62% on opening day; should you subscribe?

Unlisted shares of Arkade Developers were trading at a premium of Rs 80, which translates to a GMP of 62.5 per cent against the upper end of the IPO price of Rs 128