Business

MUMBAI: RBI has released a draft circular revising its framework for lending to related parties, a move expected to significantly improve ease of doing business in the financial sector. By introducing scale-based materiality thresholds, the draft ensures that only sizeable loans to related parties require board or committee approval, replacing earlier blanket restrictions that often…

NEW DELHI: On the back of a fillip provided by a reduction in GST on 375 items, Indian consumers flocked to stores and car dealerships resulting in the highest Navratri sales in over a decade, govt officials said, citing industry data.They argued that the move lowered prices, helping families upgrade vehicles, buy white goods and…

The US Treasury is considering a $1 coin featuring President Donald Trump to mark the country’s 250th anniversary, a Treasury spokesperson said on Friday. In a post on X, Treasurer Brandon Beach shared a coin draft and said that the first drafts, photos shared by a user on X, honor America’s 250th Birthday. “No fake…

Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks to buy today are Apl Apollo Tubes Ltd, and Hindustan Zinc:Apl Apollo Tubes Ltd – Buy in the range between Rs 1695 & Rs 1710; Stoploss: Rs 1650; Target:…

As the potential shutdown looms over the US government, President Donald Trump’s administration on Monday outlined which services would be put on hold.This shutdown, if it takes place, will be unlike the previous ones. The White House has indicated it could use the crisis to carry out mass layoffs and scale back the size of…

Market experts anticipate near-term consolidation, influenced by global factors and upcoming economic indicators. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Tuesday. While Nifty50 was above 24,650, BSE Sensex was up around 100 points. At 9:32 AM, Nifty50 was trading at 24,659.60, up 25 points…

MUMBAI/BENGALURU: RBI has ordered Simpl, a Bengaluru-based buy-now-pay-later (BNPL) firm, to shut its payments operations with immediate effect. The platform, which works with 26,000 merchants and lets shoppers defer payments at checkout, had been running a payments system without the central bank’s blessing. Under the Payment and Settlement Systems Act of 2007, no company can…

NEW DELHI: English-language business news channel ET NOW has announced the launch of two new programmes, South Central and The Interview with Ayesha Faridi. South Central, which is to debut Monday, will highlight South India’s cultural and economic influence while The Interview with Ayesha Faridi will focus on conversations with India’s most powerful voices.The 30-minute…

Jaguar Land Rover will get backing from the UK govt for a 1.5-billion-pound ($2 billion) loan aimed at easing the strain on suppliers hit by a production halt at the carmaker that was triggered by a cyberattack.The loan, to be provided by a commercial bank and guaranteed by UK Export Finance, will be repaid over…

Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are Larsen & Toubro (L&T), and Ashok Leyland. Here’s his view on Nifty, Bank Nifty for the week starting September 29, 2025:Nifty ViewThe benchmark Nifty index recorded…