Business
‘AI a double-edged sword’: FM Sitharaman flags innovation risks, urges efficiency without fragility
Finance minister Nirmala Sitharaman described artificial intelligence as “a double edged sword”, warning that while it can help detect fraud, it can also be used to perpetrate it. Speaking at the Global Fintech Fest 2026, Sitharaman also added that innovation should expand efficiency without creating new forms of systemic fragility.Cautioning about the risks linked to…
IRCTC records highest-ever 20.06 lakh ticket bookings in a day; system capacity doubled as festive rush drives demand, 19.51 lakh more booked next day
Indian Railways is undertaking several measures to modernise and strengthen its rail ticket booking system. The Indian Railway Catering and Tourism Corporation (IRCTC) has set a new ticket booking record! Online booking of train tickets now accounts for 89% of total train ticket bookings on the Indian Railways network and this rush became evident when…
Indian working in Kuwait sent home over a crore in remittances but filed no ITR; taxman treated Rs 3.63 crore as unexplained, ITAT deletes Rs 5.52 lakh and orders fresh check of Rs 2.50 crore
The absence of an original ITR became a key issue. An Indian working in Kuwait and originally from Ahmedabad received an income tax notice after he failed to file an Income Tax Return (ITR), despite remitting more than a crore to his bank accounts in India.The man had moved to Kuwait to work in the…
Gold price prediction: Is it time to buy gold on dips? Check September 11, 2026 outlook
Gold’s intraday structure has turned constructive after the sharp recovery from lower levels. Gold price prediction today: Gold is showing a constructive intraday bias and a buy on dips strategy is favoured, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. The analyst shares the rationale:MCX Gold October futures are showing signs…
Gold, Silver Rate Today Live Updates: Gold heads for third weekly loss as US rate hike bets strengthen
Outlook for the precious metals remains closely tied to the direction of US monetary policy, with expectations of higher interest rates emerging as a key pressure point for the metal. Stronger-than-expected inflation data could reinforce expectations of further rate increases, while elevated bond yields and a firmer US dollar could add to the pressure on…
Top stocks to buy today: Stock market recommendations for September 11, 2026 – check list
Top stocks to buy today on September 11, 2026 Stock market recommendations:Finolex Cables, Adani Ports, and Emmvee Photovoltaic Power are the top stocks to buy today on September 11, 2026, identified and recommended by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One. Here’s what he has to say:Buy Finolex Cables at Rs 1418-1410;…
Rupee tumbles 27 paise against US dollar as crude prices hold firm above $108 per barrel
Rupee falls 27 paise against US dollar Rupee began Friday on a weak note, falling 27 paise to extend its decline against the US dollar. In early trading, the currency touched 95.79 as high crude oil prices and foreign portfolio outflows continued to weigh it down.Rupee began the session at 95.70 against the dollar at…
‘Key growth engine for the world’: IMF hails India’s 7.8% growth, backs GDP estimate changes
IMF hails India’s 7.8% growth, calls economy a key global growth engine India’s economy has stayed on the growth track despite the energy price shock, with real GDP rising 7.8% in the April-June quarter. The IMF hailed the stronger-than-expected performance, saying that the growth was boosted by better-than-expected activity in services and exports.At a press…
Oil touches $107 per barrel as Hormuz remains choked for over six months
Oil crosses $100 again as Middle East attacks fuel supply fears Oil prices extended their gains on Friday, with both major benchmarks on track to finish the week above $100 a barrel for the first time since mid-May, as growing attacks along key shipping routes in the Middle East heightened concerns over prolonged supply disruptions.Around…
Gross SIP flows, fund industry assets at record high
MUMBAI: Discounting volatility in the stock market, investors poured in money through the mutual fund route that led to a record Rs 32,297 crore in gross monthly inflows through the systematic investment plan (SIP) route in Aug. This, combined with strong buying across most equity mutual fund categories, lifted the total assets managed by the…