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Economic Times

  • newMarket Trading Guide: YES Bank among two stock picks for Monday with up to 10% upside scope
    Equity markets saw broad-based selling pressure after weak monsoon forecasts raised concerns over food inflation, though falling crude oil prices and easing bond yields helped limit downside risks. Investors now await key domestic triggers, including the RBI policy decision and GDP data, while analysts have flagged YES Bank and NBCC as stocks with strong short-term bullish momentum and upside potential.
    - 5 hours ago 31 May 26, 3:03pm -
  • newMidcaps in a sweet spot? Why Nippon India’s Rupesh Patel sees a valuation correction despite new index peaks
    Nippon India Mutual Fund's Rupesh Patel remains constructive on midcaps despite concerns over valuations, citing resilient earnings growth and improved valuation comfort after a prolonged time correction. He favours financials, consumer discretionary and select industrials, while emphasising a bottom-up stock-picking approach to navigate geopolitical and macroeconomic uncertainties.
    - 9 hours ago 31 May 26, 11:14am -
  • new'Misleading financial statements': Suzlon to challenge Sebi's penalty order before SAT
    Suzlon Energy plans to challenge Sebi's order imposing penalties of nearly Rs 29 crore on the company and former executives over alleged accounting and disclosure violations related to FY14-FY18. The company will appeal before the Securities Appellate Tribunal, while Sebi maintains that certain transactions and disclosures misrepresented its financial position.
    - 9 hours ago 31 May 26, 10:39am -
  • newZepto shares crash 30% in unlisted market despite Sebi nod for IPO. What's cooking?
    Zepto’s unlisted shares have dropped sharply despite Sebi approval for its IPO, signalling investor caution in a volatile market. The decline reflects broader weakness in pre-IPO valuations, macro uncertainty and funding pressures, even as the quick commerce firm prepares for a high-profile public issue amid intense competition.
    - 10 hours ago 31 May 26, 10:15am -
  • newEquity mutual funds deliver up to 7% return last week; international funds lead. Check top 8 performers with over 3% gains
    Equity mutual funds generated strong returns last week, with international funds dominating the performance chart. Mirae Asset Global X Artificial Intelligence & Technology ETF FoF emerged as the top performer, while several global, emerging market and thematic funds delivered gains of more than 3%, according to ACE MF data.
    - 10 hours ago 31 May 26, 9:45am -
  • new2 mainboard IPOs set to hit D-Street after a month of lull
    India’s IPO market is set to revive with two mainboard issues, CMR Green Technologies and Hexagon Nutrition, opening this week after a lull. Together aiming to raise nearly Rs 770 crore, the offerings come amid volatile markets, with investors closely watching subscription trends for signals on primary market sentiment.
    - 11 hours ago 31 May 26, 9:23am -
  • WHO announces 1st Ebola recovery in Congo
    The World Health Organization has announced a significant development in the Democratic Republic of Congo. A confirmed Ebola patient has recovered and been discharged from a care center. This marks the first such recovery among laboratory-confirmed cases. The outbreak has seen numerous deaths and suspected cases. Neighboring Uganda has also reported confirmed cases and one death.
    - 2 days ago 30 May 26, 12:31am -
  • War & AImpact: China's export-price jump fastest in 3 years
    China's export prices surged 5% in April, the fastest in three years, driven by global energy costs and AI demand for commodities like oil, metals, and semiconductors. While these sectors saw price hikes, most Chinese goods remain subject to falling prices due to intense domestic competition and oversupply, limiting manufacturers' ability to pass on rising costs.
    - 2 days ago 30 May 26, 12:27am -
  • India, Canada launch trade & investment forum
    India and Canada have launched a trade and investment forum to boost commercial engagement and enhance connectivity. Commerce Minister Piyush Goyal's visit also saw discussions on an ambitious economic partnership agreement. Separately, Goyal met with US business leaders in New York to expand trade, investment, and innovation partnerships.
    - 2 days ago 29 May 26, 11:37pm -
  • RBI to explore CBDC pilot in cross-border transactions
    The Reserve Bank of India (RBI) plans to expand its digital rupee pilot to more direct benefit transfer schemes and the domestic retail space in the current fiscal year. Additionally, the RBI is exploring the use of CBDC in cross-border transactions, signing MoUs and engaging in bilateral discussions for pilot projects.
    - 2 days ago 29 May 26, 5:26pm -
  • Notification on blending isobutanol with diesel this year: Road secretary V Umashankar
    Speaking at the CII Summit on Friday, road transport and highways secretary V Umashankar said since diesel consumption is almost two times that of petrol consumption, the impact of diesel blending will be far greater on our energy security than even petrol blending. The event saw the launch of a CII Knight Frank Report which said cumulative investments of nearly $360 billion in infrastructure development in the country over the last decade has slashed India’s logistics cost to 10-10.7% of GDP…
    - 2 days ago 29 May 26, 5:11pm -
  • Several feared dead in Kenya school fire, local media says
    A tragic fire struck Utumishi Girls School in Kenya's Gilgil region, leading to the untimely deaths of sixteen students and injuries to seventy-nine more. The flames began in the dormitories, leaving a community in mourning and shock. Investigators are working to determine what sparked this horrific blaze, as concerns about the safety of boarding schools in Kenya continue to surface.
    - 3 days ago 28 May 26, 12:05pm -
  • DGGI set to fire up GST recovery drive against gaming firms after Supreme Court's backing
    The Directorate General of GST Intelligence will now aggressively pursue tax recovery from online gaming companies after the Supreme Court upheld a 28% GST levy on the full bet value. This ruling validates tax evasion allegations of approximately ₹1 lakh crore against around 80 companies, paving the way for significant recovery proceedings.
    - 4 days ago 28 May 26, 12:18am -
  • Britain's navy prepares to clear mines in the Strait of Hormuz while waiting for a peace deal
    British sailors are on standby aboard RFA Lyme Bay for a mine-clearing mission in the Strait of Hormuz. This operation awaits a peace agreement between Iran and its allies. The UK and France are leading the potential international effort. Advanced technology will be used to detect and neutralize mines. The mission aims to secure vital shipping lanes.
    - 6 days ago 25 May 26, 8:06am -
  • White House Shooting: Who was Nasire Best? Maryland man who allegedly believed he was ‘Jesus Christ’ killed after gunfire near Donald Trump’s home
    White House Shooting Breaking news. Who was Nasire Best? A shooting incident near the White House perimeter has concluded with the suspect, identified as Nasire Best, dead. A bystander also sustained injuries during the exchange of gunfire. Best was reportedly known to the Secret Service due to previous encounters. The incident caused panic among tourists and journalists. Investigations into the motive are ongoing.
    - 7 days ago 24 May 26, 8:09am -

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