Amid a volatile equity landscape and cautious investor sentiment, Rajesh Bhatia, Chief Investment Officer of ITI Mutual Fund, has offered a nuanced view on sectoral opportunities for long-term investors. In a recent interview, Bhatia emphasized the structural strength of India’s defence sector and advised accumulating quality defence stocks during market corrections. He also expressed optimism…
A Vijay Kedia-owned SME stock has taken the spotlight on Dalal Street, rallying 16% in just two trading sessions after reports confirmed that its US-based subsidiary is preparing for a Nasdaq listing. The stock, which trades on the BSE SME platform, saw a surge in volumes and investor interest following the announcement, with analysts citing…
India’s auto sector is gearing up for a potential policy windfall as the government considers a major Goods and Services Tax (GST) rate cut on automobiles ahead of Diwali 2025. The proposed rationalisation—expected to reduce GST on small cars and two-wheelers from 28% to 18%, and on large cars from 43–50% to around 40%—has triggered…
India’s largest retail brokerage Zerodha has rolled out a new feature allowing resident individual investors to open a second demat account under the same login credentials. The move is aimed at improving financial planning, optimizing tax liabilities, and helping users segregate long-term holdings from short-term trading positions. The secondary demat account is now accessible via…
In a move that blends economic pragmatism with geopolitical messaging, the Indian government has suspended the 11% import duty on raw cotton until September 30, 2025. The decision, announced late Monday, eliminates both the 5% basic customs duty and the 5% agriculture infrastructure and development cess, offering immediate relief to India’s textile and garment industry…
Despite the looming threat of steep tariffs imposed by the United States, Russia has assured that its trade with India will remain unaffected, thanks to what officials describe as a “very special mechanism” designed to bypass Western sanctions and maintain uninterrupted bilateral commerce. The announcement comes in the wake of the Trump-Putin summit in Alaska,…
India’s private sector is finally stepping off the sidelines and re-entering the capital expenditure arena, according to Larsen & Toubro (L&T) Chairman and Managing Director S N Subrahmanyan. In a recent interview, Subrahmanyan declared that “private capex is back,” marking a pivotal moment in India’s investment cycle after years of cautious spending. The shift, he…
India’s stock market is poised for a rerating as Emkay Global Financial Services upgrades its Nifty 50 target to 28,000 for September 2026, citing the upcoming Goods and Services Tax (GST) rationalisation as a landmark reform. The brokerage firm believes the reform will act as a growth catalyst, simplify compliance, and accelerate formalisation of the…
JSW Cement, the recently listed arm of the JSW Group, has caught the attention of investors and analysts alike as Motilal Oswal Financial Services (MOFSL) initiates coverage with a “Neutral” rating. The brokerage values the stock at ₹163 per share, implying a modest upside of 9% from its previous close of ₹150.1. In its bull…
India is poised for a transformative shift in its indirect tax regime as the government rolls out next-generation Goods and Services Tax (GST) reforms. Chief Economic Advisor (CEA) Dr. V Anantha Nageswaran has hailed the proposed overhaul as a “Diwali gift” for the nation, emphasizing that the reforms will reduce the tax burden on households…
