India’s chip story enters next phase India is likely to have five to six semiconductor projects in commercial production by the end of 2026, marking the next phase in the country’s efforts to build a semiconductor ecosystem, MeitY secretary S Krishnan said on Tuesday.Speaking at a press conference to announce the fifth edition of Semicon…
Bank holiday on August 19 If you are planning a bank visit on Wednesday, August 19, you may want to check your state’s holiday calendar first. Banks in Tripura will remain closed tomorrow to mark the birthday of Maharaja Bir Bikram Kishore Manikya Bahadur.The holiday, however, is not applicable to banks across India. Bank holidays…
Indian currency notes. Photo credit: Reuters MUMBAI: The US banknote, the most ubiquitous currency in the world used in everything from drug deals to legally accepted tender in multiple countries, falls short of the rupee when it comes to circulation numbers. RBI deputy governor Shirish Chandra Murmu said there are three times as many rupee…
For Indian ships, the Arctic route could reduce the sailing distance by as much as 40%. (Image for representative purpose) In an important move, India may look to send its first cargo ship via the Northern Sea Route (NSR) to Russia next year. Russia’s Arkhangelsk region has held discussions with New Delhi on ways to…
India exported around $380 million worth of quartz surface products to the US in FY26. As the Donald Trump administration continues to find ways to impose tariffs, India has approached the World Trade Organization (WTO) seeking consultations with the US over Washington’s tariff-rate quota on imports of quartz surface products. The measure took effect on…
Spot gold is expected to trade with a positive bias in the short run on reduced rate hike possibility. Gold price prediction today: Gold prices are likely to trade with a positive bias in the near-term and buying on dips is the recommended strategy, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Gold…
Indian equities face a mix of domestic and global factors, with crude oil prices, foreign fund flows, currency movements and developments in global markets likely to remain key areas of focus. The trajectory of oil prices could remain important for investor sentiment, particularly as elevated energy costs have already featured prominently in market commentary. Investors…
Rupee weakens against US dollar Rupee continued its fall against the US dollar on Tuesday, falling 7 paise to 95.68 in early trade as elevated crude oil prices and steady demand for the greenback weighed down the currency.Rupee had already lost 19 paise in the previous session, closing at 95.61 against the dollar on Monday….
Top stocks to buy today on August 18, 2026 Stock market recommendations: Mphasis, Supreme Industries, United Spirits, and Kfin Technologies are the top stocks to buy that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan has recommended for August 18, 2026:Buy Mphasis at CMP; Stop Loss: Rs 2415 on a closing basis; Target: Rs…
FM Nirmala Sitharaman. Photo credit: ANI NEW DELHI: Govt will “soon” announce the high-level committee on banking reforms, finance minister Nirmala Sitharaman said on Monday at the conclave of 12 public sector banks (PSBs) and public financial institutions, while lauding the sector’s improved asset quality. She also emphasised that the future of banking must “reflect”…
