Bitcoin surged to a fresh all-time high in early Asian trade on Thursday, crossing $124,000 for the first time, supported by upbeat US market sentiment and policy changes favouring the cryptocurrency sector.According to AFP, the world’s largest digital asset briefly touched $124,500 before easing back, breaking its previous record set in July. The rally came…
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Force Motors, Maruti Suzuki, and MCX are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for August 14, 2025:Index View:…
Representative image (Picture credit: AP) Asian shares moved in a tight range on Thursday, pausing after three days of gains fuelled by growing expectations that the US Federal Reserve will cut interest rates next month. Japanese stocks pulled back from record levels, while South Korea and Australia advanced.Japan’s Nikkei 225 fell 0.31% and the broader…
Motilal Oswal Financial Services has upgraded Bharat Dynamics to buy from neutral with an unchanged target price of Rs 1,900. Analysts said the stock’s valuation is turning reasonable. During the April-June quarter (Q1), Bharat Dynamics delivered strong 30% annual growth in execution on the back of a strong order book and the easing of supply…
MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said…
NEW DELHI: Top American specialty glass and technology company Corning is expanding its business in India as it ties up with local contract manufacturer Optiemus through a trademark and licensing agreement for screen protectors.The company is also close to starting production of finished cover glass for smartphones in India in a Rs 1,000-crore JV also…
IKEA has opened its first store in West Delhi at Pacific Mall (File photo) MUMBAI: Global trade wars have pushed companies to speed up the diversification of their supply chains and India will be key to Ikea’s sourcing strategy where it is expanding beyond textiles to build supply capabilities in plastic, metals, and furniture, said…
BENGALURU: Enterprise AI solutions company Fractal Analytics has filed draft papers with Sebi for an IPO of up to Rs 4,900 crore. The offer comprises a fresh issue of shares worth Rs 1,279 crore and an offer-for-sale of Rs 3,621 crore. Founded in 2000 by Srikanth Velamakanni and Pranay Agrawal, Fractal provides AI-driven decision-making support…
US tariffs not to hit India’s growth: S&P NEW DELHI: Trump tariffs will not have any impact on India’s growth, as it is not a trade-oriented economy, and its sovereign ratings outlook will continue to remain positive, S&P Global Ratings director YeeFarn Phua said.In May last year, S&P had upgraded the outlook on India’s sovereign…
MUMBAI: An RBI panel examining the responsible use of AI in finance has urged regulators to adopt a “tolerant supervisory stance” towards mistakes made by AI systems. The idea is to allow institutions some leeway for first-time errors if they have adequate safety measures in place. The aim, the panel argues, is to encourage innovation…
