Business

The fraud came to light later, when the depositors discovered that the documents they had received were forged and that no accounts had actually been opened. (Image for representative purpose only) Imagine a scenario where you open some post office savings accounts, but it turns out that the accounts are fake because the people who…

Indian equities have underperformed other emerging markets over the past two years. The buzz around removal of long-term capital gains (LTCG) tax on equities is gaining traction, with the market regulator also urging the government to scrap it. The Securities and Exchange Board of India (SEBI) has reportedly requested the government to consider scrapping LTCG…

Strong overseas demand cushions slowdown in India’s manufacturing activity (representative image) India’s manufacturing activity expanded at a slower pace in October as growth in output and new orders moderated, although stronger overseas demand supported production and helped cushion the slowdown.Factory employment continued to rise, while input cost inflation eased to its lowest level since February,…

China is tightening export controls on construction equipment, including tunnel-boring machines, in a move that could affect India’s infrastructure projects and add to concerns over its dependence on Chinese machinery.The new restrictions cover specialised equipment used to build tunnels for roads, railways and metro networks, as well as machines designed to spray concrete at high…

AI-linked stocks trail as IT services power India’s October rally Indian equities were reportedly among the world’s best-performing markets in October, outperforming the broader Asia-Pacific region as investors shifted money away from AI-sensitive technology stocks and towards other sectors. The trend was also visible within India, where IT services stocks gained ground while companies linked…

Attention now shifts towards the US midterm elections and upcoming labour-market data. Gold price prediction today: Gold prices are likely to continue trading sideways with a downward bias, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Let’s take a look at his detailed analysis:Gold enters week near Rs 138,500 after…

Goldman expects strong tax collections and spending controls to keep the Centre on track to meet its FY27 fiscal deficit goal. The Centre is likely to meet its fiscal deficit target of 4.3 per cent of GDP for FY27 despite recording 42.6 per cent of its full-year budgeted deficit in the first six months, with…

Reliance shares climbed to Rs 1,237.45 on the BSE, up 6.35 per cent at 10:22 am on Monday. Shares of Reliance Industries surged over 7 per cent in early trade on Monday after the company reported a record quarterly profit for July-September. The stock jumped 7.12 per cent to Rs 1,246.45 on the BSE and…

The Sensex surged over 900 points and the Nifty moved above 23,300 in early trade on Monday as investors responded to strong earnings from Reliance Industries, softer crude oil prices and buying by foreign investors. Reliance led the rally with gains of over 6 per cent after posting a record quarterly profit, driven by its…

Top stocks to buy today on November 2, 2026 Stock market recommendations: BSE, and Symbiotec Pharmalab – these are the top stocks to buy this week (starting November 2, 2026), as recommended by Motilal Oswal Wealth Management Research Desk. Below are the details: NAME CMP (Rs) TP (Rs) Upside (%) BSE 3510 4,000 14% Symbiotec…

Oil prices fell more than 1% on Monday as Iranian and Qatari officials held talks for a third consecutive day aimed at securing an agreement to end the US-Israeli war on Iran, easing some immediate concerns over supply disruptions.Brent crude futures declined $1.59, or 1.40%, to $111.84 a barrel by 0011 GMT.US West Texas Intermediate…

The world’s largest cryptocurrency exchange is seeing signs of easing withdrawal pressure after customers rushed to move 2.1 per cent of its total assets off the platform Customers withdrew $3.64 billion from Binance after hackers stole approximately $6.3 billion in cryptocurrency from wallets held at the world’s largest cryptocurrency exchange last week, triggering an initial…