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China's sprawling rail projects around Asia - The Economic Times
Vietnam has approved a multi-billion dollar railway with China to enhance their links, joining other Asian countries in China's Belt and Road Initiative. Several other projects, including in Indonesia, Laos, and Thailand, are underway or planned, though some like those in Pakistan, Myanmar, and the Philippines face delays or uncertainties.
ITI Ltd shares hit 5% upper circuit on receiving revised Rs 200 cr AMRCD order - The Economic Times
ITI Ltd shares surged 5% to Rs 284 after receiving a revised order to transfer 22.258 acres of land for Rs 200 crore. The company received Rs 100 crore upfront, with the balance pending statutory formalities. Despite short-term gains, the stock remains down 25.66% YTD and trades below key moving averages.
Stocks to buy today: Morgan Stanley initiates coverage on JSW Energy; Elara Capital sees 37% upside in Adani Energy - The Economic Times
Nomura has kept a 'Buy' rating on Axis Bank, highlighting its attractive valuations and strong RoA/RoE outlook, with a target price of Rs 1,230, implying a 20% upside.
Sectoral investment picks: Sandip Sabharwal’s top stocks in infrastructure & pharma - Key market insights | The Economic Times
Market expert Sandip Sabharwal in an interview with ET Now notes that while small and midcap stocks have stopped falling, it’s unclear whether this is just a temporary recovery or a sign of further declines. He compares it to a tennis ball falling from a rooftop, suggesting that there may still be more downside ahead despite the recent bounce. Key market insights
NHPC shares rally 10% in 2 days after CLSA upgrades to ‘high conviction outperform’ - The Economic Times
NHPC Ltd's shares rise by 10% in 2 days following CLSA's upgrade to 'High Conviction Outperform' despite a slight reduction in target price to Rs 117. CLSA cites attractive entry point and significant future growth potential due to new projects and regulated equity expansion as reasons for the bullish outlook.
BSE unit ICCL demand Rs 100 crore from NSE - The Economic Times
ICCL has demanded Rs 100 crore from NSE as pending clearing and settlement dues since September 2022. NSE disputes overcharges, claiming Rs 51 crore refund is pending. Meanwhile, NSE Clearing seeks Rs 104 crore from BSE for the Settlement Guarantee Fund. SEBI is aware of the dispute under the interoperability framework.
Red Alert! Over 70% Nifty companies staring at earnings slump through FY26 - The Economic Times
Analysts expect slower-than-expected earnings growth for over 70% of Nifty companies in the next fiscal year due to weaker demand, subdued household spending, and slower credit growth. Companies like ONGC, HDFC Bank, and JSW Steel experienced earnings downgrades, while market cautiousness prevails due to lofty valuations and slowing profits.
Achieving Rs 100 cr corpus in 25 years — How smart portfolio moves can make it happen for Kuwait based investor - The Economic Times
As an active investor with a mix of direct equity and mutual funds, he is currently investing Rs 1.25 lakh per month through SIPs in Parag Parikh Flexi Cap, Quant Mid & Small Cap, and Helios Flexi Cap funds.
Rupee rises 19 paise to 86.79 against US dollar in early trade - The Economic Times
The rupee gained 19 paise, trading at 86.79 against the US dollar on Thursday. The US dollar index was down, while Brent crude prices fell. Domestic equities showed a muted trend with foreign institutional investors offloading equities worth Rs 1,881.30 crore. India's economy expects strong momentum in the second half of the year.
LIC MF: Should you buy infra, defence, PSU themes amid lower FY25 GDP projections, flat FY26 capex? Nikhil Rungta of LIC MF recommends this - The Economic Times
Another key factor is the maturing investor mindset, where market cycles are better understood, leading to fewer panic-driven redemptions. Mutual funds, in particular, have gained significant trust, supported by investor awareness initiatives that emphasize long-term wealth creation.
Pi Coin Listing today: Price surges upto 106% as Open Mainnet launch fuels exchange listing speculation; Check What investors can expect - The Economic Times
PI Coin Listing Today: Pi Network's Open Mainnet is set to launch on Thursday, opening the door for external transactions and potentially listing Pi Coin on major exchanges like Binance and OKX. This development has already driven Pi Coin's price up and may lead to further increases if exchange support is confirmed.
stock market predictions: Tariff threats: What will happen if the other side does not play ball the way President Trump wants to? Arvind Sanger explains - The Economic Times
Arvind Sanger, Managing Partner at Geosphere Capital Management, suggests that President Trump's tariff threats are likely negotiation tactics rather than economic destruction tools, which keeps the market optimistic. The market's rise this year is broader-based, signifying widespread economic confidence. Fed minutes indicate inflation has plateaued, and future actions depend on economic data and geopolitical developments.
India may cut tariffs on 30 items imported from US to prevent higher reciprocal tariffs: Nomura - The Economic Times
India is considering reducing tariffs on more than 30 items and increasing purchases of US defence and energy products to avoid higher reciprocal tariffs from the United States. Prime Minister Narendra Modi's meeting with President Trump is expected to discuss these issues to maintain smooth trade relations.
iPhone SE 4 launch date: Apple plans to unveil its cheapest phone, here's what we know about price, camera, and other features - The Economic Times
Apple iPhone SE 4 Launch Date and Price: Apple's first event of 2025 is taking place this week. It might unveil the new iPhone SE 4. The event will be streamed live on YouTube on February 19 at 10:30 PM IST. Rumors suggest the iPhone SE 4 will feature an A18 chipset, Face ID, and a single rear camera. The expected price is around $500.
German voters demand change as Europe's biggest economy stalls - The Economic Times
Germany's economy struggles with high energy costs and unemployment, impacted by the loss of cheap Russian gas. Calls for infrastructure investment and reform of the constitutional debt brake are gaining momentum as the country faces prolonged economic contraction ahead of the upcoming general election.
Food subsidy accounts for over 50% of total Govt subsidy so far in FY25 - The Economic Times
Food subsidy expenditure forms over 50% of India's total subsidy spending in FY 2024-25, with Rs 1.64 lakh crore allocated for April-December 2024, up from the previous year. Fertilizer subsidy spending decreased slightly to Rs 1.36 lakh crore. Non-debt capital receipts declined, and FDI inflows weakened, highlighting revenue collection challenges and increased foreign investor outflows.
Nifty: JP Morgan sets 26,500 year-end target for Nifty - The Economic Times
Some of its top picks include Devyani International, Sapphire Foods, Westlife Development, Varun Beverages, Zomato, M&M, TVS Motor, Kotak Bank, ICICI Bank, Bajaj Finance, HDFC AMC, KFin Technologies, LIC Housing Finance, Shriram Finance, SBI Life Insurance, HDFC Life Insurance, ICICI Lombard General, Mankind Pharma, Max Healthcare, Rainbow Children's Medicare, Fortis Healthcare, DLF, Godrej Properties and Oberoi Realty.
Goldman Sachs: Goldman sees gold at $3,100 by end of 2025 - The Economic Times
Central-bank demand may average 50 tons a month, more than previously expected, analysts Lina Thomas and Daan Struyven said in a note. Should uncertainty over economic policy persist, including on tariffs, bullion could hit $3,300 an ounce on higher speculative positioning, they said. The latter figure implies an annual gain of 26%. Spot gold was at $2,931 on Tuesday at 2300 IST.
Musk's DOGE seeks access to US tax system: Reports - The Economic Times
Elon Musk's Department of Government Efficiency has requested broad access to the IRS's detailed financial data, causing privacy concerns. Musk aims to reduce government spending, but experts worry about potential misuse of taxpayer information. The request has not been granted yet, but it has raised alarms about privacy and security implications.
How hard have US agencies been hit by Trump and Musk's layoffs? - The Economic Times
President Trump and adviser Elon Musk have led an initiative to reduce the federal workforce by 9,500 employees, mainly targeting those with less than a year of service. An additional 75,000 workers have taken buyouts, with significant layoffs in departments such as Interior, Energy, Agriculture, Health and Human Services, and Veterans Affairs.
ETMarkets Smart Talk: The road ahead for Indian markets - Pradeep Gupta talks sector focus and investor opportunities in 2025 - The Economic Times
We see Indian markets have shown improved resilience to such volatility, with faster recovery patterns from corrections. However, the immediate term may remain choppy as markets digest these multiple triggers.
tariff: Small and midcap stocks may face volatility, but long-term returns still strong: Vikas Khemani - The Economic Times
Every day there was some negative news flow, global concern, geopolitical concern, inflation concern, oil prices, commodity, everything was kind of uncertain. But if you look at in that period, whether you bought smallcaps or largecaps, that vintage really delivered great return on 23 and 24.
China market moves from 'tradable' to 'investable', BofA says - The Economic Times
The investment landscape in China is showing signs of sustained improvement, bolstered by market performance and positive developments in U.S. relations. Analysts at Bank of America Securities highlight long-term reforms and increased dividend payments as encouraging indicators of China's market transformation from being seen as merely 'tradable' to 'investable.'
NaBFID eyes tieups with multilateral funding agencies - The Economic Times
The National Bank for Financing Infrastructure and Development (NaBFID) plans to partner with multilateral funding agencies for blended finance to boost sustainable urban infrastructure development in India. NaBFID will also explore municipal finance structures and PPP investment frameworks, moving Rs 30,000 crore from banks and NBFCs to the bond market.
Income tax bill won't raise tax or compliance load: Finance secretary Tuhin Kanta Pandey - The Economic Times
Finance secretary Tuhin Kanta Pandey assured taxpayers there will be no additional taxes or compliance burdens in the new income tax bill expected to be tabled next week. The bill will include changes announced in the budget, such as income tax rates and TDS provisions, aiming to simplify understanding and reduce litigation, replacing the old Income Tax Act.
Xi Jinping's new frontline corporate guard showcases his priorities, control - The Economic Times
President Xi Jinping has shifted focus towards private sector giants such as BYD, Huawei, and Alibaba to boost China's technological self-reliance amidst the ongoing technology war with the U.S. This move highlights a significant change in the Chinese leadership's perception of the private sector's role in economic growth.
Kerala Budget 2025 Highlights: High-speed rail corridor, metro projects, and IT park in Kannur, check all key announcements - The Economic Times
Kerala Budget 2025 Highlights: Kerala Finance Minister K.N. Balagopal presented the 2025-26 budget, focusing on Metro rail projects, high-speed rail corridors, and the K-Homes project for tourism. Rs 750 crore is allocated for Wayanad rehabilitation. The budget also includes provisions for infrastructure development, social welfare, and healthcare, with significant investments in scholarships, pensions, and the Karunya Health Scheme.
MS Ahluwalia favours smaller states to drive urbanisation, economic growth - The Economic Times
Economist Montek Singh Ahluwalia advocates for splitting large states like Uttar Pradesh to spur urban growth and creating 'near-Metros' from tier-2 towns. He points out challenges in achieving 8% annual growth and the complexities of initiating reforms in a fragmented global scenario.
Global car industry in firing line of Trump's tariffs on Mexico, Canada - The Economic Times
U.S. President Donald Trump has imposed new tariffs on imports from Mexico, Canada, and China. These tariffs particularly impact the automotive industry, with major brands like Volkswagen, GM, and Toyota affected due to their significant exports to the U.S. The move is aimed at curbing fentanyl flow and illegal immigration from these countries.
France braces for political showdown as new prime minister seeks to force budget through - The Economic Times
Political uncertainty looms in France as Prime Minister Francois Bayrou plans to use special executive powers to pass the budget without a parliamentary vote, possibly triggering a no-confidence motion. Disagreements over budget and social security changes have deepened tensions in the National Assembly, risking Bayrou's downfall.
UPL shares jump 5% on Q3 beat, Investec gives Rs 700 target price - The Economic Times
UPL shares surged 5% to Rs 636.45 on strong Q3 results, driven by agrochemical demand recovery. Investec upgraded UPL to buy with a Rs 700 target, while Nuvama raised its target to Rs 705. Management expects 50% YoY EBITDA growth, citing margin recovery, debt reduction, and improved business conditions.
Trump calls again for Canada to become '51st state' - The Economic Times
President Trump reiterated his call for Canada to become the 51st US state, increasing tensions by suggesting this would result in lower taxes, better military protection, and elimination of tariffs. He argued that the US heavily subsidises Canada and without this support, Canada would struggle to remain a viable country.
Govt plans alternative financing plans for MSME exporters - The Economic Times
The government is planning to introduce alternate financing models, including export factoring services and trade credit insurance, to support MSME exporters. This initiative aims to provide collateral-free, pre-shipment loans and enhance credit access to revive India's declining goods exports.
Old tax regime to stay, but why would anyone want it now: CBDT chairman - The Economic Times
The new income tax law will be easier to understand, free of outdated provisions, and aims to encourage taxpayers to switch to the new regime with significant concessions. Additionally, a new crypto asset reporting provision has been introduced to align with India's international commitments.
Canada to 'stand firm' in trade battle with Trump, ambassador tells ABC - The Economic Times
Canada anticipates hefty tariffs by President Trump to potentially not take effect Tuesday, but Ambassador Kirsten Hillman said Canadians expected their government to firmly defend their interests in any trade disputes with the U.S.
Jupiter Wagons, Ircon, IRCTC, RVNL shares fall up to 8% as railway Budget misses expectations - The Economic Times
Railway-linked stocks like IRCTC, RVNL, and Jupiter Wagons fell significantly, with declines up to 8%, after the Union Budget FY26 did not meet expectations for a huge increase in railway capital expenditure. The government allocated the same Rs 2.5 lakh crore for railway capex as last year, dampening short-term growth prospects for the sector.
Trump tariffs can plug loophole that helped Chinese retailers - The Economic Times
US President Trump's tariffs on Canada, Mexico, and China aim to close a loophole that allowed duty-free imports of small packages under $800, targeting especially Chinese e-commerce retailers. This move will impact companies like Alibaba and Shein, which heavily relied on the de minimis exemption to ship goods directly to US consumers.