Business

Bernstein reduced its price target for IEX to Rs 122 from Rs 160, whilst keeping a ‘Market-Perform’ rating. (AI image) IEX share price today: The Indian Energy Exchange (IEX) shares dropped 15% to their lower circuit at Rs 159.7 on BSE on Thursday following the Central Electricity Regulatory Commission’s (CERC) official approval to implement market…

Gold price prediction: With positive momentum building, and strong global cues, MCX Gold may continue its northward journey in the near term. (AI image) Gold and silver price prediction today: Gold prices may test the Rs 101,700 levels in the near future on the back of overall bullish sentiments, say analysts. Silver prices too suggest…

Market experts anticipate continued focus on individual stocks as corporate results remain crucial for short-term market movements. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Thursday. While Nifty50 was near 25,200, BSE Sensex was down over 100 points. At 9:23 AM, Nifty50 was trading at…

MUMBAI: Tilaknagar Industries, maker of Mansion House brandy is acquiring the Imperial Blue business from the Indian unit of French liquor giant Pernod Ricard in a Rs 4,150-crore all-cash deal to “fast-track” its foray into the whisky segment. The transaction includes deferred payment of Rs 282 crore, to be paid four years after the deal,…

Representative image (ANI) The Asian Development Bank (ADB) on Wednesday lowered its forecast for India’s GDP growth for FY26 from 6.7 percent to 6.5 percent, citing uncertainty in global trade and the effect of higher US tariffs on Indian exports and investment flows“This revision is primarily due to the impact of US baseline tariffs and…

BENGALURU: Syngene International, a subsidairy of Biocon, reported a 59 per cent year-on-year increase in profit after tax to Rs 87 crore in the first quarter ended June 2025, aided by revenue growth and a tax benefit from the transfer of gratuity funds to an employee trust. Revenue from operations rose 11 per cent to…

This is an AI-image, used for representational purposes only. US stocks extended their record-breaking run on Wednesday after Washington and Tokyo struck a deal to slash proposed tariffs, fuelling optimism about further trade breakthroughs. The S&P 500 rose 0.4 per cent in early trading, while the Dow Jones climbed 232 points or 0.5 per cent,…

BENGALURU: Good Glamm Group’s managing director and CEO Darpan Sanghvi has confirmed that the company will no longer operate as a single consumer goods entity, with lenders now enforcing their charge over individual brands in the portfolio.In a LinkedIn post, Sanghvi said the group structure will be dismantled and assets sold separately, following failed attempts…

File photo: Personal finance author Robert Kiyosaki (Picture credit: X/@theRealKiyosaki) Personal finance author Robert Kiyosaki has once again raised alarm over the state of the global financial system, urging investors to abandon fiat currencies and instead turn to real assets like gold, silver, and Bitcoin. In a fresh social media post on X, the Rich…

India’s ambitions in electronics, electric vehicles (EVs), and clean energy may face critical challenges due to its limited domestic production of rare earth elements (REEs), despite holding sizable reserves. China continues to dominate the global REE supply chain, controlling over 90 per cent of the world’s processing and magnet-making capacity, reported ET.Rare earths, 17 elements…