Business

The plan will also include local value-addition targets for machines that are currently fully imported (representative image) India is set to approve a $1.2-billion incentive scheme for manufacturing high-value and technologically advanced construction and infrastructure equipment, as the government seeks to reduce the country’s dependence on China for critical machinery, according to two government sources…

PM Narendra Modi had last month flagged off India’s first hydrogen-powered train. Within a month of launching its first hydrogen-powered train, Indian Railways is now looking for cheaper green hydrogen options to expand operations. Indian Railways is considering several measures to expand the pool of green hydrogen suppliers and bring down procurement expenses, including providing…

Gold’s technical structure remains strongly bullish, supported by a sustained sequence of higher highs and higher lows. Gold price prediction today: Gold prices are showing a technically bullish trend, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. However, he believes that traders should not look to chase the rally at higher…

Govt has directed the telecos to strictly enforce the rule of not issuing a new connection to any subscriber already having nine SIMs (representative image) The government has directed telecom service providers to stop individuals from obtaining mobile connections beyond the prescribed limit of nine, with a new system coming into effect from August 24.Under…

Weight-loss drugs such as Ozempic are changing more than just consumers’ waistlines, also reshaping the beauty industry. As the use of GLP-1 medicines including Ozempic and Mounjaro grows, companies are racing to cash in on the new needs emerging among users.From protein-rich foods and drinks and collagen supplements to face fillers and plumping make-up, brands…

Top stocks to buy today on August 21, 2026 Stock market recommendations: DLF, PG Electroplast Ltd, and Sansera Engineering – these are the top stocks to buy identified by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One for August 20, 2026. Let’s take a look:Buy DLF at Rs 680-675; Stop Loss: Rs 635;…

Indian equities are likely to begin Friday’s session on a cautious note, with benchmark indices expected to open slightly higher after breaking a prolonged losing streak in the previous session. GIFT Nifty futures were at 24,311.50 at 7:52 am, pointing to a mildly positive opening for the Nifty 50, which closed at 24,231.85 on Thursday….

HDFC Bank raises record $1.8 bn via dollar bond issue MUMBAI: HDFC Bank has raised $1.75 billion through a dual-tranche dollar bond issue from its GIFT City branch to fund overseas lending and general banking operations.The issue comprises $500 million of three-year notes at 5.15% and $1.25 billion of five-year notes at 5.4%, settling Aug…

Govt eases export rules to allow wider invoicing, payments in Indian rupees NEW DELHI: Govt on Thursday tweaked provisions of the Foreign Trade Policy to make it easier for exporters to invoice overseas transactions and receive payments in Indian rupees.“All export contracts and invoices, other than those involving member countries of the Asian Clearing Union…

VB G RAM G generates 11.4 crore person-days, women account for 61.5% NEW DELHI: Over 11.4 crore person-days have been generated since the rollout of Viksit Bharat-Guarantee for Rozgar and Aajeevika Mission (Gramin) Act (VB G RAM G Act), which replaced MGNREGA, according to the govt portal on the new scheme. Women account for 61.5%…