‘Been hit quite hard…’: Bajaj Auto reels from China’s rare earth magnet curbs; Rajiv Bajaj says ‘looking at a zero month’

India’s second-largest electric scooter manufacturer by volume has been compelled to reduce its EV production by 50% this month. China’s rare earth magnet curbs are set to hit India’s auto sector, with Bajaj Auto being possibly the first to halt production of its electric scooters in August. According to Bajaj Auto managing director Rajiv Bajaj,…

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Stock market today: Nifty50 goes below 24,900; BSE Sensex down over 550 points – why is market falling?

Market experts anticipate Indian markets to trade within a defined range, with movements influenced by first-quarter earnings results. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in trade on Friday. While Nifty50 went below 24,900, BSE Sensex was down over 550 points. At 11:07 AM, Nifty50 was trading…

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‘I’d love him to lower interest rates’: Donald Trump grills Powell to cut rates; spars over Fed renovation costs in rare headquarter visit

US President Donald Trump took aim at Federal Reserve Chair Jerome Powell during a rare visit to the central bank’s headquarters on Thursday, criticising the ballooning cost the historic buildings and renewed his demand for lower interest rates.During his visit to the Federal Reserve’s Washington site, just days before a key policy meeting, Donald Trump…

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Gold price prediction today: What’s the gold rate outlook for July 25, 2025; why a ‘sell on rise’ strategy makes sense?

Gold price prediction today: The short-term outlook for gold remains cautious, with bearish signals intact across major indicators. (AI image) Gold price prediction today: Gold rates will be under pressure with a bearish outlook for the near term, say analysts. Here’s the analysis from Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities:Gold…

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‘Confident India will get special treatment…’: Piyush Goyal says trade deal talks with US making ‘fantastic’ progress; ‘important to…’

India has hardened its stance on opening its agriculture and dairy sector – a consistent stand in all its trade deals so far. (AI image) India-US trade deal negotiations are making ‘fantastic’ progress according to Commerce Minister Piyush Goyal. His statement comes days ahead of US President Donald Trump’s reciprocal tariff deadline of August 1….

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Top stocks to buy today: Stock recommendations for July 25, 2025 – check list

Top stocks to buy today (AI image) Stock market recommendations: According to Bajaj Broking Research, Gujarat Pipavav Port Ltd (GPPL) and National Aluminum are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for July 25, 2025:Index View: NIFTYBenchmark indices remained rangebound, reflecting investor indecision amid…

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‘Enforcement with empathy’: Income tax department working on rules, forms for new tax bill, says CBDT chief

The Income Tax department is in the process of framing rules, forms, and procedures under the proposed Income Tax Bill, 2025, which aims to replace the six-decade-old direct tax legislation, Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal said on Thursday.Speaking at the 166th Income Tax Day event in the capital, Agarwal said the…

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Microcap stocks defy market: 50 stocks rise over 200% amid selloff; analysts caution over poor earnings, bubble risk

Even as benchmark indices have struggled since the September 2024 selloff, a clutch of little-known microcap and penny stocks have delivered blockbuster returns, with at least 50 companies gaining over 200%—and some surging by as much as 5,500%, according to an Economic Times report.Leading the list is RRP Semiconductor, a Maharashtra-based firm whose shares skyrocketed…

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