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Changes to boost electronics, investment
New tax law amendments are proposed by Finance Minister Nirmala Sitharaman. These changes aim to offer concessions to overseas investors and boost electronics manufacturing. The government plans to extend tax exemptions for specified electronic goods by ten years. It also introduces new exemptions for storing and selling electronic components. These reforms signal a shift towards long-term competitiveness and attracting global capital. -
Trump admin accuses over 40 nations including India of helping China evade tariffs - what it means
The White House report classifies more than 40 countries into three separate tiers based on their alleged role in transshipment activities. India has been placed in Tier 1, labelled "Diversified Scale Leaders", alongside Canada, the European Union, Israel, Japan, Mexico, South Korea and Taiwan. -
US stock market today: Wall Street drifts near record highs; economic data in focus
The bond market was largely steady after government data showed that consumer spending at US retailers declined from the previous month. The reading caught economists off guard, as they had expected retail sales to post another monthly increase. -
India's big chip ambition: Can it become the world's next semiconductor hub?
Semiconductors sit underneath almost everything today: electronics, EVs, telecom, AI, data centres, defence, manufacturing. So having a self-reliant semiconductor ecosystem is an absolute necessity in the current globally uncertain economic and geopolitical environment. -
India's forex reserves climb to $707 billion, rise $14.1 billion in a week
India's foreign exchange reserves jumped a notable $14.136 billion, reaching a total of $707.002 billion for the week ending August 7. This surge was largely driven by a $9.946 billion rise in foreign currency assets, complemented by a $3.995 billion increase in gold reserves. These noteworthy gains come on the heels of strategic initiatives from the government and the RBI aimed at boosting foreign exchange inflows. -
800 kmph in 5.3 seconds: China train sets third record in six months
China's experimental maglev train achieved 800 kmph in just 5.3 seconds. This remarkable acceleration sets a new world record for short-distance travel. The technology is not intended for passenger transport due to extreme acceleration levels. Instead, it may find future uses in rocketry and military aircraft. Researchers are exploring its potential for industrial transport and specialized elevators. -
Your humble dhaniya no longer free! Coriander prices rise above Rs 200 kg as heavy rains disrupt supply
Fresh coriander, which neighbourhood vegetable vendors routinely tucked into shopping bags at no extra cost, has become unexpectedly expensive after heavy rainfall disrupted supplies from major growing regions. -
Gold price prediction: Will gold price rally now face profit booking? Check August 14, 2026 outlook
MCX Gold October futures are witnessing profit booking after a strong rally over the past several sessions. Prices are currently trading near Rs 1,52,400–Rs 1,52,600, where the recent up move appears to be facing resistance. -
'Shadow transshipment network': US names India among 40 nations helping China evade tariffs
A US report names India among over forty nations facing risks of transshipping Chinese goods.These countries could become conduits for products avoiding American import tariffs.The White House warns of intensified detection and penalties for such trade practices.India is categorized in the top-risk tier alongside major industrial economies.This development complicates ongoing trade negotiations between Washington and New Delhi. -
India among countries flagged by US over Chinese goods 'transshipment risks'
A US report names India among over forty nations facing risks of transshipping Chinese goods.These countries could become conduits for products avoiding American import tariffs.The White House warns of intensified detection and penalties for such trade practices.India is categorized in the top-risk tier alongside major industrial economies.This development complicates ongoing trade negotiations between Washington and New Delhi. -
Top stocks to buy today: Stock market recommendations for August 14, 2026 - check list
Stock market recommendations: Amara Raja Energy & Mobility, Indian Bank, and Kfin Technologies have been recommended by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One as the top stocks to buy on August 14, 2026: -
Top shares to buy: Stock market recommendations for today - check list
Stock market recommendations: Amara Raja Energy & Mobility, Indian Bank, and Kfin Technologies have been recommended by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One as the top stocks to buy on August 14, 2026: -
Oil prices today: Crude edges higher as US-Iran tensions revive supply concerns
Oil prices saw a slight increase on Friday due to renewed supply concerns. The United States threatened an indefinite naval blockade of Iran, escalating economic pressure. This action heightened worries about potential disruptions to crude oil flows through the Strait of Hormuz. However, weaker demand forecasts and rising US inventories limited the overall price gains. Conflicting supply and demand factors are currently keeping the oil market balanced. -
India’s critical mineral push: Govt plans processing parks in 4 states
India is set to establish four specialized parks dedicated to critical mineral processing, targeting lithium and nickel first. The initiative, spearheaded by state governments with central technical assistance, is aligned with the National Critical Mineral Mission aimed at bolstering self-reliance. This move is crucial in propelling India’s transition toward green energy, ensuring a sustainable future. -
US wholesale inflation slows to 4.7% in July: What comes next for Fed, consumers
In July, wholesale prices in the United States exhibited a cooling trend, providing a much-needed breath of fresh air. The decline in energy costs significantly reduced producer price pressures throughout the month. While consumer inflation also saw a slight dip, financial constraints persist for many households. Notably, wholesale inflation excluding food and energy showed improvement year-on-year. -
US stock market today: Wall Street moves towards all-time high as inflation moderates and oil prices drop
Investor sentiment improved after government data showed wholesale prices in the United States were 4.7% higher in the latest month compared with a year earlier. -
What Trump tariffs? Russia now supplies more than half of India’s crude oil imports
According to GTRI’s analysis, in June India imported crude oil worth $14.8 billion from all sources, of which $7.2 billion came from Russia. This translated into a Russian share of 48.6%. -
Indian IT sector job market is changing: What can get you hired & at a premium
Experts believe that the era of broad-based recruitment and hefty pay hikes in the Indian IT sector is over. Companies are now tightening hiring at the entry level, while at the same time competing to get experienced professionals in select areas. -
India's trade deficit widens 31.5% to $15bn in July; electronics exports surge 11-fold
In July, India faced a significant expansion in its trade deficit, as imports surged ahead of exports. Over the first four months of the fiscal year, cumulative trade gaps widened considerably. Nevertheless, merchandise exports reached impressive heights in July, with electronics manufacturing emerging as a crucial growth sector. Additionally, the rise in mobile phone production and exports contributed to significant employment opportunities. -
US tariff threat on Russian oil: Bill a concern for India, but ‘talks have been reassuring’
The proposed Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 would empower the US President to levy tariffs of up to 100% on countries that purchase large volumes of crude oil and natural gas from Russia. -
MDR on UPI soon? Parliamentary Panel recommends expeditious introduction on high-value transactions
Commenting on the incentive programme for promoting RuPay Debit Cards and low-value BHIM-UPI transactions, the Committee noted that the budgetary allocation of Rs 2,000 crore to compensate for losses arising from the zero-MDR regime unnecessarily increases the Department's Demand for Grants -
‘Respect decision’: Tata Trusts reacts to N Chandrasekaran’s exit move; panel to select successor
The Sir Dorabji Tata Trust (SDTT) has begun the process of appointing a successor to N Chandrasekaran as chairman of Tata Sons, a day after he announced that he would not seek another term when his current tenure concludes on February 20, 2027. -
E20 petrol row: Carmakers' internal data flags fuel contamination concerns; complaint later withdrawn
The rollout of E20 petrol has sparked dissatisfaction among motorists, with hundreds claiming the fuel has lowered vehicle mileage, increased wear and tear and even prompted at least one legal challenge. -
Gold, silver price prediction: Is gold, silver bull run back? Check outlook on August 13, 2026
Gold had begun the week on a positive mark, breaking above the trendline resistance while the weekly trend keeps the door open for further gains. The 149,000 mark is the backbone of the bullish setup. -
Rupee falls 7 paise to 95.40 against US dollar amid FII selling, geopolitical risks
The Indian Rupee weakened seven paise against the US dollar in early trade. Elevated crude oil prices and geopolitical uncertainty impacted investor sentiments significantly. The Strait of Hormuz standoff between the US and Iran added to market fragility. Foreign institutional investors were net sellers in the equity market on Wednesday. Indian stock markets also traded lower in early deals on Thursday. -
India looking to expand strategic petroleum reserves with new facilities in MP, Rajasthan
India plans new petroleum reserves at Bina and Bikaner to boost energy security. Additional storage capacity is also being added at Mangalore for greater supply resilience. The government is also developing reserves at Padur and Chandikhol under its expansion plan. These projects aim to meet global benchmarks for crude oil storage. The nation is exploring more cavern sites amid global geopolitical uncertainties. -
See Trump's posts first? Media groups sue over Truth Social’s paid access
Press groups have filed a lawsuit against Trump Media & Technology Group.They challenge a new service offering paying customers early access to President Trump's posts.The lawsuit seeks to prevent exclusive release of official government information on the platform.Trump's firm defends the paid access service, calling the suit an attempt to censor him.Meanwhile, TMTG shares experienced a decline and reported a significant financial loss. -
Parliament panel questions why rising oil & gas capex isn’t boosting production
A parliamentary committee is increasingly scrutinizing whether the surge in oil and gas investments actually translates to higher domestic output. With a notable rise in capital expenditure, projections indicate a decline in crude oil production. The committee demands a comprehensive report detailing potential production benefits stemming from reforms, stressing the urgency of establishing clear performance metrics and accountability for these investments. -
Top stocks to buy today: Stock recommendations for August 13, 2026 - check list
Top stock market recommendations: Indian Bank, DLF, and Polycab India - Aakash K Hindocha, Vice President - Research, Nuvama Professional Clients Group/Nuvama Wealth Management has picked these three stocks. -
Oil prices slip as Opec cuts demand forecast, Iran war keeps supply risks alive
Oil prices have witnessed a decline due to lowered global demand forecasts and a notable increase in US inventories. Both Opec and the IEA have adjusted their oil demand growth projections downward for the near future. Ongoing tensions in the Strait of Hormuz and Bab el-Mandeb Strait are amplifying supply concerns, while negotiations between Iran and the US remain inconclusive.
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