After the removal of GST on insurance from 22 September, all insurance companies passed on the benefits to policyholders. (AI image) Insurance buyers may be feeling happy after the removal of GST, but agents and distributors are feeling the pinch. Insurance companies have reduced the commissions payable to distributors of insurance products to offset the…
Small businesses across the country are seeing a welcome boost in sales, thanks to recent GST cuts and the upcoming festive season.Industry bodies said that sectors like toys, textiles, footwear, and auto accessories have reported stronger demand.The ministry of micro, small and medium enterprises (MSMEs) is keeping a close watch and is expected to conduct…
Asian stock markets traded mostly in red on Friday as the week closed, following a mix of positive and worrying developments.In Hong Kong, HSI fell 304 points or 1.14%, reaching 26,447. Shanghai and Shenzhen also traded in red shedding 0.51% and 1.85%, respectively. Japan’s Nikkei was down 470 points or 0.97% at 10:10 AM IST.Meanwhile,…
Expert Rupak De notes that despite Thursday’s recovery, the index remains under the 25,250 resistance level. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Friday. While Nifty50 want above 25,200, BSE Sensex was up around 200 points. At 9:24 AM, Nifty50 was trading at 25,236.00,…
Jefferies has a buy rating on Adani Enterprises with the target price at Rs 3,000. Analysts said Navi Mumbai International Airport (NMIA)’s inauguration marks a strategic expansion in India’s aviation infrastructure, easing congestion for Mumbai Metropolitan Region (MMR). Phase-1 adds 2 crore passenger capacity (total: 9 crore), and bridges gaps to underserved regions. The company’s…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for October 10, 2025 are Jayaswal Neco Industries , and Bank of Baroda. Here’s its view on Nifty and Bank Nifty: Index View: NIFTY Benchmark indices extended their pullback for the second consecutive week amid strong global…
MUMBAI: A decade after its launch in India, Swedish fast fashion giant H&M has forayed into the booming local beauty market, widening its play in the country beyond mainstay fashion and home. Popular with Gen Z and millennials for its fashion-forward clothing that comes with a brand tag and is yet affordable, H&M will tap…
New Delhi: Road transport and highways minister Nitin Gadkari on Thursday said India’s logistics cost will fall to single digits to around 9% before December 2025, which will increase profit margins for industries and businesses and make Indian products competitive in the international market.Speaking at an event of the business chamber – PHDCCI, Gadkari cited…
NEW DELHI: The road transport and railway ministries have achieved a record capital expenditure utilisation of 63% and 56.5%, respectively, during the first half of the current financial year. The combined capex of the two ministries by Sept end was over Rs 3.1 lakh crore, as against the budgetary allocation of Rs 5.2 lakh crore…
NEW DELHI: Taiwanese chipmaker MediaTek – the world’s biggest chipset provider to smartphone brands apart from automotive and home product makers – has said that it is ready to get its chips manufactured in India once fab production begins here.MediaTek, which globally designs and contract-manufactures chips for companies such as Xiaomi, Samsung, Oppo and Vivo,…
