Stock market recommendations: Anand Rathi Shares and Stock Brokers’ Mehul Kothari suggests Intellect Design, Diffusion Engineers, and Sumitomo Chemical as top stock picks. Intellect Design presents an attractive risk-reward after retracing 50% and approaching oversold RSI. Diffusion Engineers shows a potential momentum shift after a consolidation phase, while Sumitomo Chemical offers a breakout retest opportunity.
US President Trump has extended the trade ceasefire with China for 90 days, averting a potential economic confrontation. This pause allows both nations to resolve differences and possibly arrange a meeting between Trump and Xi Jinping. Experts believe Trump’s leniency stems from China’s control over critical minerals.
The Ministry of Petroleum and Natural Gas refutes concerns regarding E20 fuel’s performance and safety, dismissing claims of significant fuel efficiency loss and insurance issues as unfounded. The ministry emphasizes E20’s benefits, including improved acceleration, reduced emissions, and enhanced engine performance. It also highlights the program’s economic and environmental advantages.
Donald Trump has launched a scathing attack on Federal Reserve Chair Jerome Powell, criticizing his handling of interest rates and the escalating costs of the Fed headquarters renovation. Trump accused Powell of incompetence and demanded immediate rate cuts to stimulate the economy.
Indian Railways is poised to launch its first hydrogen-powered train, marking a significant stride towards eco-friendly transportation. The inaugural service will run between Jind and Sonipat in Haryana, positioning India among the leading nations adopting hydrogen technology.
The DGCA has issued a show cause notice to IndiGo regarding alleged lapses in simulator training for approximately 1,700 pilots. The regulator found that IndiGo conducted critical airfield training on simulators unqualified for high-risk airports like Calicut, Leh, and Kathmandu. IndiGo is reviewing the notice and has committed to upholding the highest safety and compliance…
Retail inflation has plummeted to a notable 1.55% in July 2025, marking an eight-year low since June 2017. A significant drop in food prices, with the Consumer Food Price Index at -1.76%, contributed to this decline.
The Union Cabinet has approved four new semiconductor projects under the India Semiconductor Mission, boosting the nation’s ecosystem. These projects, with an investment of Rs 4,600 crore, include India’s first commercial compound fabrication facility and an advanced glass-based substrate packaging unit.
