Economic Times

• Gold prices have scaled a new high as the dollar weakened ahead of the Federal Reserve meeting.
• Wall Street indexes closed higher, leading to gains in Asian stocks at the open.
• The gaming startup sector is experiencing layoffs, while e-commerce logistics face a festive season squeeze.
• Anthem Biosciences shares saw a significant surge of 46% since their listing, driven by strong financial growth.
• Anand Rathi Share is reportedly launching a ₹745 crore IPO this month.
• Prime Minister Modi inaugurated multiple development projects worth approximately ₹36,000 crore in Bihar's Purnea district.
• Andhra Pradesh's Chief Minister expressed concern over a ₹25,000 crore loss in shrimp exports due to US tariffs.
• The United States and China are reportedly nearing a deal regarding TikTok in Madrid talks.
• The deadline for Income Tax Return (ITR) filing for AY 2025-26 has been extended to September 16.
• Megha Engineering secured a substantial ₹5,700 crore mandate for India's first private oil reserve.
• Stephen Miran, an economic adviser to Trump, received Senate approval to join the Federal Reserve board.
• India and the US have returned to the negotiating table for trade discussions following Trump's penal tariffs.
• UCO Bank has received approval to collaborate with Nayara, a sanctioned refiner.
• Goods exports increased while imports dipped in August, contributing to a narrower trade deficit.
• Macquarie has initiated the sale of its highway assets in India.
• A call for GST rate cuts has impacted sales, but companies are optimistic about a surge after the September 22 rollout.

Mint

• The Indian stock market sentiment remains positive, with the Nifty 50 index sustaining above the 25,000 level, although it faces resistance at 25,150.
• The Nifty 50 settled 44.80 points lower, closing at 25,069.20, after experiencing selling pressure at higher levels.
• Nifty Realty led the gainers with a 2.41% uptick, with PSU Banks and Oil & Gas sectors also providing support to market breadth.
• Market participants are closely watching the Federal Reserve's forward guidance for indications on future interest rate trajectories.
• The Nifty 50 and Sensex are anticipated to open on a muted note today amidst cautious market sentiment and ongoing India-US trade talks.
• Vaishali Parekh recommends three intraday stocks: Aditya Birla Real Estate, AU Small Finance Bank, and Nykaa.

Business Standard

• The government has extended the Income Tax Return (ITR) filing deadline for AY 2025-26 by one day to September 16.
• India and the US are back at the deal table, with a chief negotiator-level meeting scheduled for today.
• FMCG retailers are securing significant discounts in anticipation of a GST rate shift on September 22.
• Polycab India has advanced ahead of Havells in a decade-long competitive race.
• Stocks to watch today include Adani Enterprises, NCC, NTPC Green, Wipro, and Midhani.
• An analyst has recommended Bajaj Finserv and Blue Jet as stocks to buy.
• Motilal Oswal projects a 12% Compound Annual Growth Rate (CAGR) in the luggage sector, identifying VIP and Safari Industries as top picks.

TAGS: Headlines, Business News, Economic Times, Business Standard, Mint, Top News

Tags: Headlines Business News Economic Times Business Standard Mint Top News