Business

The initial public offering (IPO) of edtech unicorn PhysicsWallah drew a muted response on the second day of bidding, with only 10% subscription recorded so far. The Rs 3,480-crore IPO, which opened earlier this week, will close for bidding on November 13.According to data available on the National Stock Exchange (NSE) till 11:30 am on…

US President Trump indicated on Monday that he plans to lower tariffs on India in the future. (AI image) With US President Donald Trump hinting at a trade deal soon, Global Trade Research Initiative (GTRI) founder Ajay Srivastava says that India should push for rollback of 25% tariffs on account of Russian crude oil. Srivastava…

Shares of Tata Motors Commercial Vehicles Ltd (TMLCV), the newly demerged commercial vehicle arm of Tata Motors, made a robust debut on Wednesday, listing at a premium of over 26%–28% to its implied value.. The stock opened at Rs 335 on the NSE, up 28.5% from the implied value of Rs 260.75 and at Rs…

Groww made a strong debut on Dalal Street on Wednesday, with shares listing on both the BSE and NSE at a premium over the issue price.Shares of Billionbrains Garage Ventures Ltd (Groww) listed at Rs 114 apiece on the BSE, marking a 14% premium over the IPO price of Rs 100. On the NSE, the…

Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today are SAIL, Hindustan Zinc, and Nippon Life India Asset Management:SAIL – Trendline Breakout + EMA Alignment ShiftBuy near: ₹145–₹141 | SL: ₹133 | Target: ₹163 |…

The US Supreme Court had, once again, refused to order the Trump administration to provide full funding for the Supplemental Nutrition Assistance Program (Snap). Instead it has chosen to allow congress additional time to resolve the matter through a possible agreement tied to ending the government shutdown.In an order issued on Tuesday (local time), the…

MUMBAI: The Insurance Regulatory and Development Authority of India (Irdai) is closely examining the shortfall in the settlement of health insurance claims, even as over half of the complaints received under the insurance ombudsman system relate to health policies.At the Bima Lokpal Day event on Tuesday, Irdai chairman Ajay Seth said, “In health insurance, we…

MUMBAI: Tata Trusts, which controls India’s largest conglomerate, $180-bn Tata Group, has inducted chairman Noel Tata’s son, Neville Tata (33), to the board of its flagship Sir Dorabji Tata Trust (SDTT). Speculation over Neville’s entry into the Trusts’ main entity had been building since Mehli Mistry’s exit last month. With Neville’s induction, three Tata family…

AI image (Picture credit: DALL-E) The Indian government has proposed a new rule mandating e-commerce platforms to include filters allowing users to sort products based on their ‘country of origin’, a move aimed at improving transparency and promoting locally made goods.According to news agency Reuters, the draft amendment to the Legal Metrology (Packaged Commodities) Rules,…

The longest federal government shutdown in US history may be nearing its end, but economists say it has already left deep scars on an economy struggling with slow growth, inflation, and uncertainty. With 1.25 million federal workers unpaid since October 1 and thousands of flights canceled, the economic fallout is being felt nationwide — from…