8:10 PM
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Achieving a ₹1 crore corpus requires disciplined investing, with the timeline varying based on the chosen investment avenue. While bank deposits offer safety but take over 20 years, equity funds can potentially reach the goal in just 12 years, albeit with higher risk.
7:10 PM
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5:10 PM
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Asset Reconstruction Company (India) Ltd (ARCIL), backed by Avenue Capital Group, has filed its DRHP with Sebi for an IPO consisting entirely of an offer for sale of up to 10.54 crore equity shares by existing shareholders like Avenue Capital, SBI, Federal Bank, and GIC.
9:10 AM
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Bajaj Broking Research suggests that Nifty will consolidate between 24,500-25,000, while Bank Nifty is expected to rise towards 57,500-58,300. Amidst US-India trade tensions and RBI rate decisions, Axis Bank is recommended for purchase between Rs 1050-1070, targeting Rs 1175. Larsen and Toubro is also a buy, within Rs 3590-3640, with expectations to reach Rs 3963.
11:10 PM
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Starting August 1, 2025, UPI transactions will undergo key changes aimed at boosting efficiency and security. The National Payments Corporation of India (NPCI) is capping balance inquiries and limiting bank account access via API to prevent system overload. Restrictions on UPI Autopay during peak hours will also be implemented.
8:10 PM
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President Trump has sharply criticized Federal Reserve Chairman Jerome Powell, deeming him unfit for his role due to perceived incompetence and political bias, following the Fed's decision to maintain steady interest rates. Trump claims Powell's actions are costing the country trillions.
1:10 PM
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RAKBANK has pioneered as the first traditional UAE bank to integrate retail crypto trading into its mobile app, enabling customers to directly buy, sell, and swap cryptocurrencies like Bitcoin and Ethereum in AED. This service, facilitated through a partnership with VARA-regulated Bitpanda Broker MENA DMCC, streamlines access to digital assets within a regulated framework, initially available by invitation.
9:10 AM
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Top stock market recommendations: Nuvama Professional Clients Group's Aakash K Hindocha recommends buying Jindal Steel, Ajanta Pharma, and Godrej Agrovet. Hindocha anticipates range-bound trading for Nifty between 24600 and 25010, advising caution below 24600. Bank Nifty's positive trend targets 56800/57100, contingent on holding above 55800.
4:10 PM
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Pakistan's government is rapidly moving to integrate cryptocurrency into its financial system, aiming to incorporate digital currencies into mainstream banking, forex operations, and gold trading. The State Bank of Pakistan is collaborating with the Finance Division and the Pakistan Crypto Council to develop a regulatory framework and launch a digital currency pilot program.
3:10 PM
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August 2025 will see several bank holidays across India. Banks will be closed nationwide for Independence Day on August 15th. Various regional holidays, including Tendong Lho Rum Faat, Raksha Bandhan, Janmashtami, and Ganesh Chaturthi, will also lead to closures in specific states.
8:10 AM
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Brokerage firms have issued varied ratings on several Indian stocks. JP Morgan remains positive on Bharat Electronics due to strong order wins and margin performance. Morgan Stanley is cautious on IndusInd Bank, citing high slippages and reduced earnings forecasts. Meanwhile, Citigroup is optimistic about Torrent Pharma, anticipating continued margin expansion and recovery in the US market.
8:10 AM
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The Asian Infrastructure Investment Bank (AIIB) plans to increase its investment exposure in India from $12 billion to $16-17 billion over the next two to three years. This expansion is driven by a focus on private sector projects, particularly in renewable energy, green mobility, and affordable housing.
8:10 PM
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In a CXO Connect interview with The Times of India, Airtel Payments Bank CMO Shilpi Kapoor explains why positioning the bank as a “safe second account” is its biggest strength. Focused on trust, inclusion, and ease, the bank caters to both rural first-time users and urban customers wary of digital fraud. Innovations like one-touch Fraud Alarm and instant CKYC onboarding underscore its safety-first strategy. Kapoor challenges vanity metrics, favouring lifetime value and personalised engagement. With 40% of accounts now opened by women, and a sharp focus on purposeful marketing, she champions agility, empathy, and consumer insight over noise and speed.
1:10 PM
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The Reserve Bank of India (RBI) increased its gold reserves by approximately half a tonne in late June, bringing total holdings to 879.8 tonnes. Gold's value within India's foreign exchange reserves has significantly increased, reaching 12.1% as of July 18, 2025.
8:10 AM
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IndusInd Bank bounced back to profitability in the first quarter of fiscal year 2025, reporting a net profit of Rs 604.1 crore. However, this figure represents a significant 72.2% drop compared to the Rs 2,170.7 crore profit from the previous year. The decline is attributed to increased provisions and reduced core lending profitability, despite a substantial rise in other income.
12:10 AM
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Life Insurance Corporation of India has significantly increased its presence in the bond derivatives market, engaging in $1 billion worth of forward rate agreements with global lenders like JPMorgan and Bank of America. These deals represent a substantial portion of the total FRA volumes since May, reflecting a growing interest among Indian institutions for hedging instruments.
3:10 PM
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Stock market recommendations: SBI Securities' Sudeep Shah suggests Shyam Metalics and Energy Ltd and Cipla as top stock picks for the week starting July 28, 2025. Nifty faces downward pressure due to weak triggers and earnings, while Bank Nifty shows relative strength but struggles with resistance. Technical analysis supports bullish outlooks for both Shyam Metalics and Cipla.
8:10 AM
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Stock market recommendations: Motilal Oswal Financial Services recommends VA Tech WABAG, a water treatment leader with a strong order book and growth potential, driven by increasing water demand and strategic initiatives. HDFC Bank is also favored, expected to see earnings rebound through loan growth and margin recovery, supported by robust asset quality and provisioning buffers, projecting strong RoA/RoE.
8:10 PM
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Gold prices are expected to consolidate as investors await key central bank decisions and trade negotiation updates. The US Federal Reserve and Bank of Japan's policy meetings, along with US-China trade talks, will influence price movements. Domestically, gold futures fell on the MCX, while globally, Comex gold also declined amid easing safe-haven demand and trade deal optimism.
7:10 AM
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12:10 AM
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Kotak Mahindra Bank's consolidated net profit witnessed a significant drop in the June quarter, reaching Rs 4,472 crore due to the absence of a one-time gain and margin pressures. While net interest income increased, the net interest margin contracted, impacting overall profitability. Provisions more than doubled, primarily due to stress in the microfinance and retail commercial vehicle segments.
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