The Defence Acquisition Council (DAC) of India has approved approximately ₹1.1 lakh crore ($11 billion) in defence procurement proposals, emphasizing a significant push towards self-reliance in military capabilities. Approximately 98% of the approved procurement is expected to be sourced from
Indian Central Bank Intervenes in Foreign Exchange Market to Support Rupee The Reserve Bank of India (RBI) reportedly intervened in the foreign exchange market last week, selling at least $8 billion in an effort to stabilize the Indian rupee amidst
Jaguar Land Rover to Cut 4,000 Jobs as Part of Cost Reduction Strategy Jaguar Land Rover (JLR), the British luxury vehicle manufacturer owned by Tata Motors, has announced plans to reduce its workforce by approximately 4,000 jobs over the next
Stock Market Recommendations: Top Picks for the Week of September 7, 2026 Motilal Oswal Wealth Management Research Desk has identified CG Power and Industrial Solutions and Adani Power as the leading stock recommendations for investors in the upcoming week starting
The National Stock Exchange (NSE) has announced a revision to its pre-opening process, aligning it more closely with the auction mechanism utilized during its Closing Auction Session (CAS). This change aims to enhance the markets opening procedure by implementing a
Stock Market Recommendations for September 7, 2026 Sudeep Shah, Head of Technical Research and Derivatives at SBI Securities, has identified APL Apollo Tubes and Central Mine Planning & Design Institute Ltd (CMPDI) as top stock picks for investors on September
Gold Prices Face Pressure Amid Corrective Phase, Analyst Reports According to Manav Modi, a Senior Analyst in the Commodity Research division at Motilal Oswal Financial Services Ltd., gold prices are currently experiencing downward pressure from several factors, suggesting they may
India is on track to potentially surpass the United States in the length of its metro rail network within the next two years, according to Union Housing and Urban Affairs Minister Manohar Lal. This statement was made during the inauguration
In the second quarter of fiscal year 2026-2027, Indian business confidence experienced a notable uptick, reflecting a more optimistic outlook among companies regarding domestic economic conditions. According to recent reports, businesses expect a rise in domestic demand, which bodes well
Volcanic Eruption in Indonesia Leads to Airport Closures and Travel Disruption An eruption from the Anak Krakatau volcano in Indonesia has resulted in significant travel disruptions, leaving approximately 1.7 lakh (170,000) passengers stranded. Eight airports across the region, including several
