Business

Representative image (AI-generated) NEW DELHI: The government on Monday said that over the past five years, more than two lakh private companies have been closed in India.According to data provided by Minister of State for Corporate Affairs Harsh Malhotra in a written reply to the Lok Sabha, a total of 2,04,268 private companies were shut…

GST collections: The Gross Goods and Services Tax (GST) collections for the month of November came in at over Rs 1.70 lakh crore. This is a rise of 0.7%, according to official data.SBI Research in a report in November had estimated that the gross domestic GST collections may come around Rs 1.49 lakh crore for…

The PMI after seasonal adjustments, declined to 56.6 in November from October’s 59.2. (AI image) US President Donald Trump’s 50% tariffs on India have hit the manufacturing sector, but the impact has been somewhat cushioned by diversification to other countries. The manufacturing activity in India experienced a slowdown to a nine-month low during November, attributed…

Representative image (ANI) NEW DELHI: Gold and silver opened strongly in domestic futures on Monday, driven by a softening dollar, expectations of a US Federal Reserve rate cut and a weaker rupee.Gold February futures traded at Rs 1,30,383 per 10 grams, up Rs 879 (0.68%), while silver March futures surged to a new peak of…

A decade from now, the fund you barely talked about will likely be the one that did most of the work. (AI image) Here’s a scene I’ve seen many times.A new investor starts a SIP. Within a month, the portfolio already has seven funds: a mid-cap, a small-cap, a PSU theme, a “manufacturing” theme, an…

Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are 360 ONE WAM, and Mahindra & Mahindra (M&M). Here’s his view on Nifty, Bank Nifty for the week starting December 1, 2025:Nifty View:Nifty has finally shattered…

Representative image (AI-generated) NEW DELHI: Banks in Nagaland and Arunachal Pradesh are closed on Monday to mark two state-specific holidays — State Inauguration Day and Indigenous Faith Day. Banks in all other states are operating as usual.Bank holidays in India vary by state, depending on local festivals and observances. The Reserve Bank of India (RBI)…

Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting December 1, 2025) are Reliance Industries Limited (RIL), and HCL Tech. Let’s take a look: STOCK NAME CMP (Rs) TP (Rs) UPSIDE (%) Reliance Industries 1569 1765 12% HCL Tech 1624…

BENGALURU: Karnataka’s startup capital is undergoing a sharp funding reset even as Delhi-NCR and Maharashtra inch up, pointing to a more evenly balanced tech landscape across India’s three largest hubs in the first nine months of 2025.According to Tracxn’s geo funding trend report for the nine months of 2025, Karnataka-based tech companies raised $2.7 billion…

MUMBAI: The second-quarter GDP growth, at a six-quarter high of 8.2%, has shifted expectations ahead of the RBI’s Dec 5 monetary policy committee meeting. Ordinarily, such a sharp upside surprise would suggest overheating and trigger caution from the central bank. Economists say the picture is more nuanced, and rate-cut expectations remain in play. The rise…