Economy news

• Tata Power’s digital command centre for real-time monitoring of renewable energy assets

  17-08-2026 19:45 via timesofindia.indiatimes.com
  
  Tata Power Renewables has unveiled its cutting-edge CREAMS facility, an integrated digital command centre crafted for the monitoring of renewable energy assets. With real-time analytics, it enhances performance optimization across various states, significantly boosting grid integration and ensuring dependable delivery of green power. This initiative is a crucial step forward in supporting India's ambitious clean energy goals.
  
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• 57 Trump officials worth at least $100 million: Donald dwarfs predecessors in ultra-rich appointments

  17-08-2026 17:26 via timesofindia.indiatimes.com
  
  Trump, who is himself a billionaire, has portrayed his preference for appointing extremely wealthy individuals as recognition of financial achievement.
  
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• US stock market today: Wall Street near record highs; all eyes on corporate earnings, oil prices

  17-08-2026 16:22 via timesofindia.indiatimes.com
  
  The rally that has carried Wall Street to record levels has been fuelled largely by strong corporate profits. Companies in the S&P 500 are expected to post roughly 50% growth in earnings per share for the spring quarter compared with the same period a year earlier, according to FactSet.
  
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• ‘CAS here to stay’: Sebi chief Pandey says auction system won’t be rolled back, regulator open to feedbacks

  17-08-2026 13:21 via timesofindia.indiatimes.com
  
  Sebi chairman Tuhin Kanta Pandey affirmed the continuation of the Closing Auction Session, emphasizing ongoing evaluations concerning market participants' worries and potential framework enhancements. He pointed out that as more participants engage with the new system, certain challenges may diminish. Furthermore, he observed that reliance on outdated processes inhibits the effective utilization of CAS. Sebi has also received accolades for introducing this pivotal reform in the market.
  
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• Russia faces fresh fuel shortages as refinery attacks disrupt supplies

  17-08-2026 12:59 via timesofindia.indiatimes.com
  
  Fuel shortages have surged in multiple regions across Russia as recent drone attacks reignite supply issues. Authorities in no less than ten territories have reinstated limits on petrol sales, amplifying the strain on resources. This situation is worsened by a notable dip in wholesale gasoline sales since early August, underscoring the susceptibility of Russia's energy infrastructure to continuous assaults.
  
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• E20 petrol row: Bring back lower blend of ethanol fuel at pumps, says Chief Economic Adviser Nageswaran

  17-08-2026 12:48 via timesofindia.indiatimes.com
  
  While the article said available evidence does not substantiate concerns that E20 is damaging engines, it acknowledged potential problems involving older vehicles. "India has roughly 75 to 80 million older two-wheelers ... older rubber ⁠seals that are not rated for ethanol are a separate problem ... retrofitting those seals... that way will take years," the opinion piece said.
  
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• Wary of risks, Asian refiners want Saudi Aramco’s shipments to be picked outside Red Sea

  17-08-2026 11:50 via timesofindia.indiatimes.com
  
  Yanbu has become increasingly important to Saudi Arabia as it seeks to maintain crude shipments after the war disrupted traffic through the Strait of Hormuz and severely restricted supplies from the Persian Gulf.
  
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• Trump admin crackdown: Indian techies see biggest hit as US green card approvals plunge sharply

  17-08-2026 09:31 via timesofindia.indiatimes.com
  
  The approval rate for EB-1A, the US green card category meant for individuals with extraordinary ability, has dropped sharply in FY26, with Indian applicants bearing a significant share of the impact, according to several immigration experts.
  
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• Gold price prediction today: Will gold prices continue to rally? Check outlook for August 17, 2026 week

  17-08-2026 08:47 via timesofindia.indiatimes.com
  
  Gold has turned decisively positive in the short term, rising to around Rs 155,145 and moving above its recent consolidation range. The price is now approaching the upper end of the recent range, making Rs 157,500–158,000 the key resistance zone for the week.
  
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• Stocks to buy: What's the outlook for Nifty for August 17-August 21 week? Check list of top stock recommendations

  17-08-2026 08:29 via timesofindia.indiatimes.com
  
  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.
  
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• Rupee falls 17 paise to 95.59 against US dollar as FCNR swap deadline weighs down sentiment

  17-08-2026 06:34 via timesofindia.indiatimes.com
  
  The Indian rupee fell against the US dollar at the start of Monday, influenced by the Reserve Bank of India's move to advance a deposit swap deadline. While the bank had previously drawn in substantial foreign currency, analysts predict temporary support for the rupee, though overall weakness is expected. Additionally, domestic stock markets recorded a drop early in the trading session.
  
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• India’s telecom equipment sector has $50 billion export potential, Niti Aayog highlights key hurdles

  17-08-2026 06:20 via timesofindia.indiatimes.com
  
  India's telecom sector can significantly boost GDP and exports by 2030.However, heavy import reliance and low domestic value addition pose challenges.Critical components are largely sourced from China, creating supply chain vulnerabilities.Government policies aim to support local manufacturing and reduce import dependence.These efforts could transform the sector into a global manufacturing hub.
  
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• Top stocks to buy: Stock recommendations for August 17, 2026 week - check list

  17-08-2026 05:53 via timesofindia.indiatimes.com
  
  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:
  
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• Bank holidays this week: When and where will banks stay closed?

  17-08-2026 05:33 via timesofindia.indiatimes.com
  
  Throughout August, banks will have multiple closures due to various regional and national holidays. Customers are encouraged to verify the specific holiday hours pertinent to their state before heading to a branch. Key closures include August 25 and 26 for Milad-Un-Nabi and Thiruvonam, with an additional break on August 28 for Raksha Bandhan and other local celebrations. Fortunately, online and mobile banking services will remain available during this period.
  
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• Insolvency, bankruptcy board aims to check misuse of law

  17-08-2026 03:57 via timesofindia.indiatimes.com
  
  Tells Professionals To Inform NCLT In Case of Wrongdoings
  
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