Nikita Prasad

On Monday, shares of IDBI Bank opened at Rs 82.24 against a previous close of Rs 82.24 and rallied over 10% to hit an intraday high of Rs 90.90 apiece on the NSE.

UBS noted that this early-stage rebound in factory-level and grid-level equipment demand points to sustained utilization and healthy operational expansion across core manufacturing industries.

Market participants will navigate the tide with caution amid the ongoing geopolitical tensions. The monthly auto sales figures will drive stock-specific action, while the US and Asian market buzz will dictate sector-specific movement.

Zomato Layoffs: Sources told NDTV Profit that in addition to the August salary, the affected employees at Zomato will receive four months' of severance pay, including contractual notice pay and a one-time ex gratia payment.

Speaking at the NDTV Emerging Markets Conclave, Aastha Gudwani, India Chief Economist, Barclays, and Rishi Shah, Economic Advisory Services Leader, Grant Thornton Bharat LLP, decoded the road ahead for the domestic economy.

ICICI Bank said mobilised gross $17.88 billion through FCNR(B) deposits up to Aug. 31 after which global brokerages UBS and Citi reaffirmed their confidence in the stock maintaining 'Buy' ratings with target prices of Rs 1,800 and Rs 1,770, respectively.

While both Macquarie and Morgan Stanley note the FMCG major's impending inventory corrections and heightened marketing investments, their ratings reflect differing views on the stock's near-term execution risks.

INR Vs USD Rate Today: India attracted a much larger-than-expected $136.38 billion through special foreign-currency mobilisation schemes, the central bank said on Wednesday

Bharat NCAP offers testing at a 75% lower cost compared to international alternatives. This price advantage has led many foreign automobile companies to send their vehicles to India specifically for safety testing and certification.

Sources said the convergence of both mega-events on the same dates has triggered logistical and administrative constraints, prompting authorities to evaluate an alternative date for the GST Council sitting.