Business
‘CAS here to stay’: Sebi chief Pandey says auction system won’t be rolled back, regulator open to feedbacks
Sebi chairman Tuhin Kanta Pandey Sebi chairman Tuhin Kanta Pandey on Monday said the regulator has no plans to roll back the recently introduced Closing Auction Session (CAS). However, the authority is reviewing concerns raised by market participants and considering whether the framework needs any improvements.Introduced on August 3 this year, CAS has drawn attention…
Wary of risks, Asian refiners want Saudi Aramco’s shipments to be picked outside Red Sea
Yanbu has become increasingly important to Saudi Arabia as it seeks to maintain crude shipments. (Reuters photo) With ships facing risks, some Asian refiners are unwilling to pick crude oil shipments from Yanbu on the Red Sea. Refiners are reportedly seeking an alternative to Saudi Aramco’s request that they collect crude from Yanbu on the…
What’s the outlook for Nifty for August 17-August 21 week? Check list of top stock recommendations
Top stocks to buy today on August 17, 2026 Stock market recommendations: Ujjivan Small Finance Bank, and 360 One Wam have been identified by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities as the top stocks to buy on August 17, 2026. The analyst has also shared technical views and outlook for Nifty…
Indian techies see biggest hit as US green card approvals plunge sharply
The approval rate for EB-1A, the US green card category meant for individuals with extraordinary ability, has dropped sharply in FY26. In a big hit for Indian techies, the approval rate for the visa that is one of the routes to US green cards has seen a sharp drop. The approval rate for Indian applicants…
Will gold prices continue to rally? Check outlook for August 17, 2026 week
The weekly bias remains bullish as long as gold holds above Rs 152,000, with Rs 157,600–158,000 as the immediate hurdle. Gold price prediction today: Gold prices are likely to continue their upside, though there may be some short-term consolidation, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold has turned decisively…
India’s telecom equipment sector has $50 billion export potential, Niti Aayog highlights key hurdles
India’s telecom and network equipment sector could soon emerge as a major contributor to the country’s GDP, but it still has some connecting to do.The telecom and network equipment sector could play a bigger role in India’s economy, helping double its GDP contribution and achieve $1 trillion in exports by 2030 under the National Telecom…
Rupee falls 17 paise to 95.59 against US dollar as FCNR swap deadline weighs down sentiment
Rupee began the week on a negative note, depreciating 17 paise to 95.59 against the US dollar in early trade, as investor sentiment turned cautious following the Reserve Bank of India‘s decision to bring forward the cut-off date for its concessional FCNR (B) deposit swap facility.The RBI had said on August 14 that the swap…
Top stocks to buy: Stock recommendations for August 17, 2026 week
Stock market recommendations: Poonawalla Fincorp, and Lenskart – these are the top two stocks to buy recommended by Motilal Oswal Wealth Management Research Desk for the week starting August 17, 2026: NAME CMP (Rs) TP (Rs) Upside (%) Poonawalla Fincorp 497 570 15% Lenskart 612 705 15% Poonawalla FincorpPoonawalla Fincorp is steadily transforming into a…
Amber to make smartphones for Oppo
The electronics manufacturer will start producing devices for Oppo, OnePlus and Realme next year. NEW DELHI: Amber Enterprises is making a big push into smartphone manufacturing. The electronics manufacturer will start producing devices for Oppo, OnePlus and Realme next year, targeting around 8 million units in its first year of operations.Trial production is expected to…
Five among top 10 firms see market cap fall by Rs 1 lakh crore
NEW DELHI: The combined market cap of five of the top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT bellwether TCS taking the biggest hit, amid a bearish trend in domestic equities.Last week, BSE benchmark sensex declined 490 points, or 0.6%, and the NSE Nifty dipped 205 points, or 0.8%….