Business

Finance Minister Nirmala Sitharaman urged India Inc to increase investments and expand capacities, highlighting the government’s delivery on key reforms. She requested the private sector to collaborate with the government in skilling youth for employment. Tata Sons Chairman acknowledged the opportunities created and expressed confidence in increased investments to capture them.

Top stock market recommendations: Aakash K Hindocha from Nuvama Professional Clients Group recommends buying Eicher Motors, JSW Infrastructure, and Manappuram Finance. Nifty’s double bottom breakout suggests potential for 26000+ levels, while Bank Nifty could rally further.

Flagging risks of slowing economic growth and job gains, the US Federal Reserve cut rates by 25 basis points. US is the world’s largest economy and any benchmark rate movement by its central bank has global implications. Will the US Federal Reserve’s decision to cut rates spur a rally or will Nifty50 and BSE Sensex…

The EU is considering imposing tariffs on Israeli goods and sanctioning individuals, including ministers Ben-Gvir and Smotrich, to pressure Israel to end the Gaza war. EU foreign policy chief Kaja Kallas seeks support from the bloc’s 27 countries, citing human rights concerns and the need for a ceasefire.

The government is planning to establish multi-disciplinary partnership (MDP) firms to rival global consulting and auditing giants like PwC and Deloitte. An Inter-ministerial Group has been formed to develop this ecosystem, aiming to strengthen Indian firms and reduce reliance on multinational corporations. Stakeholders are invited to share their views on the proposal by September 30.

Commerce Minister Piyush Goyal expressed confidence in resolving trade issues with the US, citing the strong friendship between Prime Minister Modi and President Trump. Recent talks between Indian and US trade negotiators have been positive, aiming for a mutually beneficial agreement.

The Bank of Canada has lowered its key lending rate to 2.5% in response to the economic strain caused by US protectionism and trade tensions. Canada’s GDP shrank significantly in the second quarter of 2025, with exports plummeting due to fading advance orders.