IMD issues storm alert in Bay as second depression may intensify further

The fast pace of the system may deny sustained, long rain for water-starved regions in East India

BL Podcast | Rakesh Jhunjhunwala: The man who was never afraid to take risks

Pulse Podcast | Pharmaceuticals @75: The pandemic has taught us to be resilient: Satish Reddy

Watch | 3 features you need to check out on the Google Pixel 6a

Watch | We are looking to invest in mining possibilities in lithium in India and overseas: NMDC chief

Listen | Two interesting breakthroughs in cancer cure

Listen | Two interesting breakthroughs in cancer cure

Researchers have come up with more advanced cancer cure methods which may come to market in a couple of years.

Subscriber Exclusive

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Nifty Call: Go short with stop-loss at 18,020

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Today’s Pick: Prism Johnson (₹129.8): BUY

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Day Trading Guide for August 19, 2022

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Sell MCX copper futures

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Should you log in to Mirae AI & Technology ETF Fund of Fund NFO?

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Should you play the manufacturing upturn with new Navi sector index fund?

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Falling crude prices on recession fear weigh heavily on ONGC stock

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Tata Housing Opportunities NFO: Will it gain from real estate revival?

Top Gainers/Top Losers

Stocks

Commodities

Forex

Gold & Silver

Equities on track for fifth weekly rise, profit taking may cap gains

Nifty Call: Go short with stop-loss at 18,020

Brokers protest penalties over new client margin norms

Stocks that will see action on August 19

Nifty may hit 18,000 amid mixed global cues

Crude oil futures trade lower on exchanges

Sell MCX copper futures

Coconut oil price unlikely to rally during Onam festival season

Decline in US crude oil inventories boosts futures

Gold slips ₹53; silver declines ₹256

Rupee falls 12 paise to 79.76 against US dollar in early trade

Rupee falls 19 paise to close at 79.64 against US dollar

Rupee falls 23 paise to 79.68 against US dollar in early trade

Indian rupee opens lower tracking weak Asian cues

Rupee gains 29 paise to close at 79.45 against US dollar

Crude oil futures trade lower on exchanges

Sell MCX copper futures

Coconut oil price unlikely to rally during Onam festival season

Decline in US crude oil inventories boosts futures

Gold slips ₹53; silver declines ₹256

Opinion

Trending

ProDentim Reviews - Critical Customer Warning on Pro Dentim! Report that will Surprise You!

Brokers protest penalties over new client margin norms

Company law breaches by Chinese firms: ICAI disciplinary notices to over 200 CAs

SBI employees union urges management to rescind decision to set up subsidiary

Books

Economy

Steel Ministry extends PLI scheme to September 15

Steel Ministry extends PLI scheme to September 15

The Cabinet had approved the PLI scheme for speciality steel to be implemented over FY24 to FY30

Centre and State Ministers to meet for Labour Conference in Tirupati

Centre and State Ministers to meet for Labour Conference in Tirupati

Chintan Shivir with EPFO and ESIC officials also Proposed Labour Codes top the agenda

Non resident without permanent establishment in India not liable for TCS

Non resident without permanent establishment in India not liable for TCS

Tour operators and NRIs both faced dilemmas arising from the liability of tax collected at source

CBIC issues norms for summons, arrest under GST Act

CBIC issues norms for summons, arrest under GST Act

Raises monetary limit for action; tells staff not to summon top managers ‘routinely’ The top management cannot be summoned at the first instance

Agri Business

IMD issues storm alert in Bay as second depression may intensify further

Kharif moong output likely to be a tad higher than last year

NDDB to manage operations of Ladakh Milk Federation next 5 years

Agribot, ‘Drone on Bike’ variant to reach inaccessible area, reduce carrying cost

Exporters holding raw sugar permits given option to ship refined variety

Compulsory inspection for rice exports to some European countries deferred till Jan 1, 2023

PM Modi wants drones in agriculture. Can it work in India?

Money & Banking

India Aims to Copy China, But Not In Lending-by-App Craze

India Aims to Copy China, But Not In Lending-by-App Craze

The RBI’s recent guidelines for app-based loans show desire to rein in the industry after the pandemic

UPI charges: RBI proposal a positive move, say players

UPI charges: RBI proposal a positive move, say players

UPI charges likely to be phased in

More nuanced approach required for privatisation of PSBs: RBI article

More nuanced approach required for privatisation of PSBs: RBI article

This will fulfill social objectives of financial inclusion and monetary transmission, says bulletin

Fintechs may not be profitable in the next 2-3 years: BCG Survey

Fintechs may not be profitable in the next 2-3 years: BCG Survey

With the race for customer acquisition, and surging funding over the last 5 years, profitability and compliance has been an after thought for many pla

Bajaj Finance readies for entry into credit cards business

Bajaj Finance readies for entry into credit cards business

To approach RBI for certificate of registration to issue credit cards

Baroda BNP Paribas mops up ₹1,400 cr via flexi-cap NFO

Baroda BNP Paribas mops up ₹1,400 cr via flexi-cap NFO

Baroda BNP Paribas fund focuses on equity, equity-related securities

Markets

Today’s Poll

Should BSNL be privatised?

quicktake

Quick Take: Why the stock markets cheered, while bond markets sulked post Budget

Though the Budget had every excuse to announce some populist handouts ahead of upcoming State polls, it seems to have refrained

ProDentim Reviews - Critical Customer Warning on Pro Dentim! Report that will Surprise You!

Brokers protest penalties over new client margin norms

Company law breaches by Chinese firms: ICAI disciplinary notices to over 200 CAs

SBI employees union urges management to rescind decision to set up subsidiary

Sell MCX copper futures

RBI looking to introduce charges on UPI-based funds transfer

The fascinating world of metamaterials

Brokers protest penalties over new client margin norms

Editor's pick

Logistics company Porter mulls expanding into 10 more cities in FY23

Logistics company Porter mulls expanding into 10 more cities in FY23

Porter claims a customer retention rate of 65 per cent operating with four lakh partner drivers and a customer base of 80 lakh

Accumulated dues: Power exchanges told not to allow trading by 27 discoms

Accumulated dues: Power exchanges told not to allow trading by 27 discoms

Discom dues total ₹5,085 crore; some States are working to pay, Telangana to go to court against Posoco move

Common charger to raise price of low-end devices, curb export potential: ICEA

Common charger to raise price of low-end devices, curb export potential: ICEA

Mobile phone players have already reduced the charging ports to only two types of charging points: ICEA

Apple warns of security flaw for iPhones, iPads and Macs

Apple warns of security flaw for iPhones, iPads and Macs

The company is “aware of a report that this issue may have been actively exploited”

RBI cancels licence of Deccan Urban Co-operative Bank

RBI cancels licence of Deccan Urban Co-operative Bank

The central bank says the cooperative bank does not have adequate capital and earning prospects

Working to reduce wait times for visas: Canadian High Commission in India

Working to reduce wait times for visas: Canadian High Commission in India

‘We understand your frustration and disappointment:’ High Commission

MCA Secretary Rajesh Verma appointed as Secretary to the President

MCA Secretary Rajesh Verma appointed as Secretary to the President

As the chairman of the Company Law panel, Verma had mooted several noteworthy amendments to the Companies Act 2013

CUET-UG fourth phase: Students struggle with uninformed changes in exam dates, centres

CUET-UG fourth phase: Students struggle with uninformed changes in exam dates, centres

Two centres in Delhi were not included for the exam today; one centre in Gaya had a delayed start in first shift

Multimedia

Companies

Aurobindo Pharma completes acquisition of 51% stake in GLS Pharma

Aurobindo Pharma completes acquisition of 51% stake in GLS Pharma

The deal is valued at ₹28 crore

Ashok Leyland-backed Switch Mobility unveils electric double decker bus for Mumbai

Ashok Leyland-backed Switch Mobility unveils electric double decker bus for Mumbai

The Switch EiV 22 has a 231-kWh capacity, enabling it to have a range up to 250 kms

JK Tyre expects margins to improve on price hike, volume growth

JK Tyre expects margins to improve on price hike, volume growth

Hopes to achieve 20-25 per cent growth in turnover in the current fiscal

Natco Pharma scouting for buys to boost domestic biz

Natco Pharma scouting for buys to boost domestic biz

Natco Pharma The Hyderabad-based company is interested in an entity with a revenue of ₹100 to ₹200 crore

Maruti Suzuki Grand Vitara first drive impression

Maruti Suzuki Grand Vitara first drive impression

Getting a taste of the new flagship from the brand that put India on four wheels

Tata Motors wins order of 921 electric buses from BMTC

Tata Motors wins order of 921 electric buses from BMTC

Tata Motors will supply, operate, and maintain the electric buses for a period of 12 year

Info-tech

Mphasis sees macro headwinds as an opportunity to scale

Mphasis sees macro headwinds as an opportunity to scale

Mphasis expects tech spending won’t decline but rather become more focused

Wipro gets multi-year contract from UK Govt’s HM Treasury

Wipro gets multi-year contract from UK Govt’s HM Treasury

Wipro and HMT will collaborate to enable end-to-end SIAM services

Common charger to raise price of low-end devices, curb export potential: ICEA

Common charger to raise price of low-end devices, curb export potential: ICEA

Mobile phone players have already reduced the charging ports to only two types of charging points: ICEA

Apple warns of security flaw for iPhones, iPads and Macs

Apple warns of security flaw for iPhones, iPads and Macs

The company is “aware of a report that this issue may have been actively exploited”

Engagement of Indian apps, games on Google Play see a significant boost between 2019-21

Engagement of Indian apps, games on Google Play see a significant boost between 2019-21

There was a 150% rise in time spent by users outside India on these apps

Reliance Jio continues to see major gains in wireless subscribers: TRAI data

Reliance Jio continues to see major gains in wireless subscribers: TRAI data

Reliance Jio adds 4.22 million subscribers in the month of June

Portfolio

Weekly Rupee View: Rupee sways to and fro in a range

Weekly Rupee View: Rupee sways to and fro in a range

The price band of 79 – 79.80 remains valid

LIC may offer a smoother ride for investors going ahead

LIC may offer a smoother ride for investors going ahead

Sustained improvement in APE growth, but retail market share needs monitoring

Index Outlook: Sensex and Nifty 50 nearing an inflection point

Index Outlook: Sensex and Nifty 50 nearing an inflection point

Strong resistances with potential to trigger a reversal are coming up that has potential to trigger a reversal

How India Inc fared in Q1 and the road ahead

How India Inc fared in Q1 and the road ahead

Here’s a detailed look at the trends this quarter and outlook for four key sectors

This Independence Day, break free from investment hassles

This Independence Day, break free from investment hassles

4 steps for ease of investing and financial well-being

Should you subscribe to Syrma SGS Technology IPO?

Should you subscribe to Syrma SGS Technology IPO?

At current valuation, the offer leaves little wiggle room if risks to the business play out; the IPO price band is ₹209-220

Videos from BusinessLine on Campus

Shiv Shivakumar's spirited lessons for MBAs entering corporate life

Shiv Shivakumar's spirited lessons for MBAs entering corporate life

Speaking at the grand finale of BLoC Boardroom Challenge 2021, he offers six insights to B-schoolers.

Masterclass on how to solve a business case by Vishwadeep Kuila

Masterclass on how to solve a business case by Vishwadeep Kuila

Speaking at the grand finale of BLoC Boardroom Challenge 2021, Kuila offers realistic advice to crack a case.

'Thinking about the future will help'

'Thinking about the future will help'

Mohammed Thaysir of Chennai Business School, says students shouldn't be stuck on just getting a job

Is your job a 100-metre dash or a marathon?

Is your job a 100-metre dash or a marathon?

Treat the first three years of your job as an extension of your management programme

'For an interview, prepare thoroughly about yourself'

'For an interview, prepare thoroughly about yourself'

Great Lakes Institute of Management student, Akanksha Ahuja gives you a few tips on acing interviews

'Don't ask the interviewer irrelevant questions'

'Don't ask the interviewer irrelevant questions'

Bharath Prasad, a graduate of GLIM, says it's better to not ask questions than asking half-baked ones

Slideshow

video

Listen | Two interesting breakthroughs in cancer cure

Listen | Two interesting breakthroughs in cancer cure

Researchers have come up with more advanced cancer cure methods which may come to market in a couple of years.

Resources

Aug 11, 2022

RBI issues digital lending norms to curb malpractices. Read full text here

Aug 11, 2022

RBI cancels Rupee Coop Bank licence

Feb 01, 2022

Budget 2022-23: Speech of Finance Minister, Nirmala Sitharaman

Walking in Indian Cities – A Daily Agony for Millions

Will Akasa Air’s contra bet on Boeing 737 Max instead of Airbus pay off?

Rakesh Jhunjhunwala’s Akasa airline has gone against the tide, placing its bets on Boeing aircrafts; it now needs to carve out a niche for itself

Breastfeeding, a responsibility, not choice

Rate of initiation of breastfeeding within an hour of birth has declined in 5 years

Blockchain: Piloting the future of aviation

Enables effective solutions that positively impact industry players and end consumers

Weekly Rupee View: Rupee sways to and fro in a range

The price band of 79 – 79.80 remains valid

LIC may offer a smoother ride for investors going ahead

Sustained improvement in APE growth, but retail market share needs monitoring

Index Outlook: Sensex and Nifty 50 nearing an inflection point

Strong resistances with potential to trigger a reversal are coming up that has potential to trigger a reversal

Auroville: An utopian search for a better world

Akash Kapur’s ‘Better to Have Gone’ traces what happens when we believe deeply in a quest and give up everything in its pursuit

Lady doctors and the rocky path to healing

A handbook on India’s first women doctors holds up a mirror to the social and political realities of the 19th and early 20th century

Conquering Everest: A compelling account of how an impossible dream was achieved

Jim Davidson dwells in detail on the failure to make it in the first attempt and the harrowing return to physically and emotionally draining climb up