₹455 crore recovered in two years as cyber fraud networks expand globally
Foreign institutional investors sold over Rs 26,000 crore of Indian shares in three sessions, intensifying September’s market correction. High crude prices, elevated US bond yields and a weaker rupee pressured equities, while analysts said selective opportunities are emerging across largecaps.
Analysts recommend five stocks for Thursday—JM Financial, IDFC First Bank, Clean Science, City Union Bank and BEML—citing technical signals and support levels. Cautious sentiment persists amid higher oil prices, elevated bond yields, inflation concerns and uncertainty over global monetary policy.
Founded in 2014 with just a $1,000 investment, Stone & Skillet was born from the vision of three brothers dedicated to crafting quality English muffins. Their journey began by supplying local eateries but soon flourished as they tapped into the vibrant farmers' market scene.
The government extended the Remission of Duties and Taxes on Exported Products scheme until December 31, 2026. This extension ensures that exporters receive continued refunds for eligible duties and taxes incurred during production. The existing rates and caps for the scheme remain unchanged during this period. RoDTEP was introduced to help prevent embedded taxes from affecting the pricing of Indian goods abroad.
Kristi Noem and Bryon Noem have announced their split after 34 years together, citing irreconcilable differences. The couple shares three children and multiple grandchildren, signaling a significant personal transition. Bryon, known for his work as an insurance professional away from public life, has faced scrutiny and allegations that reportedly contributed to the marital rift. They now enter legal proceedings in South Dakota as they navigate this challenging chapter.
Union Environment Minister Bhupender Yadav launched guidelines for the National Coastal Mission 2.0 on Wednesday. The mission aims to enhance conservation and management of coastal and marine ecosystems across India. It has an approved outlay of Rs 767 crore for the period from 2025-26 to 2030-31. This phase also promotes a streamlined implementation framework for better ease of doing business.
Crisil has raised its GDP growth forecast for India in FY27 to 7%, reflecting strong domestic demand. Resilient consumer spending and government investment are key factors supporting this growth projection. However, potential inflation risks from a strengthening El Nino and elevated energy prices may pose challenges. The Reserve Bank of India might respond with rate hikes to manage inflation pressures.
Avalon Technologies saw three of its promoter entities divest a collective 6% stake for a substantial Rs 871 crore via bulk deals, bringing their ownership down from 44.39% to 38.4%. In this strategic move, Kotak Mahindra Mutual Fund bought 24.01 lakh shares priced around Rs 2,171. The deal was struck with share prices fluctuating between Rs 2,171.03 and Rs 2,173.35, while Avalon Technologies closed slightly lower at Rs 2,294.