INDIA SUPERPOWER
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 25%
Are you looking at the Nifty to figure out whether to be bullish or bearish? If yes, cast your eye back to the day last year when the big correction started. Did all stocks start falling only after September 26, 2024, the day the indices peaked? No. Several stocks across segments began declining much before that day. The lesson: Focus on companies where the broader picture of growth is intact. And let the Nifty do what it is doing. Focus on the management, a key driver of earnings. Also, because GST rationalisation will likely impact earnings in a positive way, it is probably a good time to keep scepticism aside, but with conditions.
Piyush Goyal to industry: Pass on full GST rate cut benefits to consumers to boost demand, jobs & growth
Union Minister Piyush Goyal has urged industries to pass on GST rate cut benefits to consumers, which will boost domestic demand and create new business opportunities. He expressed confidence in India's economic growth, projecting it to become the world's third-largest economy soon.
Go-arounds normal, operations improving with full transparency: Air India CEO
Air India CEO Campbell Wilson addressed employee concerns regarding recent operational incidents, assuring that go-arounds and flight returns are normal given the airline's scale. He emphasized transparency in reporting events to build trust, acknowledging regulatory scrutiny faced by all carriers. Wilson highlighted ongoing improvements in performance and customer service initiatives, reinforcing Air India's role in India's aviation ambitions.
Netweb Technologies shares rally 50% in 6 days to hit record high. Here are 4 reasons why
Netweb Technologies shares surged 50% in six sessions to hit a record high, driven by a Rs 1,734 crore sovereign AI order, upbeat AGM outlook, robust Q1 earnings, and bullish technical signals. The stock has nearly doubled in the past six months.
India is upcoming superpower with a lot of talent, says DG Israel Ministry of Foreign Affairs
Eden Bar Tal, Director General of Israel's Ministry, praised India. He called India an upcoming superpower with excellent human resources. Israel aims to strengthen ties with India. They want to collaborate with the Indian government and businesses. Reuven Azar highlighted Israel's water management technologies shared with India. Both nations share perspectives on opportunities and threats.
Modi-Putin-Xi meet shows how chaos in the West is bolstering China's rise
The recent summit in China, featuring leaders from non-Western nations, exposed the disarray within the US and Europe. While the Shanghai Cooperation Organization summit yielded few concrete outcomes, it showcased China's coherent actions and achievable trajectory in building an alternative to the US-dominated international system.
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Smart teachers more important than smart classrooms and blackboards: President Murmu
President Droupadi Murmu emphasizes the importance of smart teachers at the National Teachers Awards ceremony. She says smart teachers understand students' needs and make learning interesting. Murmu highlights that teachers should build students' character. She adds that the National Education Policy aims to make India a global knowledge superpower. Awardees are recognized for their contributions.
Netweb Technologies shares rally 32% in 5 days. Here are 4 reasons why
Shares of Netweb Technologies surged for a fifth straight session on Friday, climbing as much as 9.7% to Rs 2,908.20 on the BSE and extending their five-day rally to nearly 32%. The stock has been buoyed by optimism following the company’s recent AGM, a Rs 1,734 crore sovereign AI order, sustained buying momentum, and bullish technical signals.
Happy Teachers’ Day 2025: Top wishes, messages, quotes, and greeting ideas to thank your teachers on 5 September
Happy Teachers' Day wishes, images, messages, & greetings: Teachers Day 2025 celebrations are coming. The article provides 100 unique ways to celebrate mentors. It includes heartfelt messages and inspiring quotes. Readers can find image ideas and greeting card concepts. There are WhatsApp and Instagram status suggestions. Animated GIF concepts are also available. The guide helps express gratitude to teachers. It honors their impact on students' lives.
ET MSME Awards 2025: Announcing our first three judges!
Three industry veterans — with more to come — will crown India’s next MSME champions. Their combined business wisdom spans steel, sugar, and everything in between.
AI-led healthcare startup Reveal HealthTech raises $7.2 million in round led by Leo Capital
Sanos Capital participated in the funding round. Reveal was incubated by W Health Ventures, which supports startups in the US and India that focus on improving care delivery by leveraging technology. The US-headquartered startup will use the funds to scale its flagship products — BioCanvas, which applies multimodal AI to accelerate clinical trial recruitment, and Prism AI, a workflow automation platform.
The art of being no one's & everyone's
Volodymyr Zelenskyy's outreach to Narendra Modi ahead of the SCO summit highlights India's unique position as a neutral player in the Russia-Ukraine conflict. India's refusal to align with either side, coupled with its growing economy, positions it as a potential honest broker, capable of navigating a fragmented world and fostering dialogue between conflicting parties.
You're underestimating India's growth cycle, stock market peak in front of us: Morgan Stanley
Morgan Stanley remains bullish on India, targeting Sensex 1,00,000 by June 2026, citing strong structural growth, low volatility, and falling rates. Base-case target 89,000 implies 12% upside. Portfolio favors financials, consumer discretionary, industrials; multiple catalysts support a stock-pickers’ market amid global pessimism.
"India has become star power": Former MoS MJ Akbar on SCO Summit
MJ Akbar lauded India's rising global influence, citing its firm stance against US tariffs and PM Modi's meetings with Chinese and Russian leaders at the SCO summit. He emphasized India's role in shaping an Asian-led world order, with potential shifts in global power dynamics. PM Modi's focus on connectivity, counter-terrorism, and expanding SCO's scope further solidifies India's position.
SCO summit signals strategic shift amid US tariff uncertainty
The SCO summit marked a turning point in India-China ties, with both nations pledging to boost trade, ease travel, and deepen cooperation amid US tariff tensions. Modi’s grand reception, China’s trade overtures, and shifting supply chains highlight a pragmatic push toward multipolarity, positioning India and China as crucial global partners.
Shanghai Cooperation Organization summit challenges the US but its reach is murky
Leaders from Russia, India, and eight other nations are convening in China for the Shanghai Cooperation Organization summit, signaling a potential challenge to U.S. influence on trade and regional conflicts. The expanded SCO, now with ten members, aims to enhance regional cooperation, though its specific goals remain somewhat undefined.
Western voices rally behind India in Trump tariff row
Western experts and publications are backing India as the Trump administration takes a harder line on New Delhi, pressing Europe to raise tariffs, tightening visa rules, and accusing India of misuse. While US Treasury Secretary Scott Bessent warned tariffs would not ease, critics like Evan Feigenbaum and The Economist called the approach self-defeating, arguing it risks undoing decades of US-India ties and could push India closer to BRICS.
Western voices back India against Trump's tariff war
Amidst escalating tensions, the US, under President Trump, is adopting a confrontational stance towards India, drawing criticism from Western intellectuals. Experts lament the potential damage to long-standing US-India relations, citing aggressive tariff threats and visa restrictions.
Draft of Delhi Startup Policy 2025 released: Manjinder Singh Sirsa
The Delhi government unveiled its draft Startup Policy 2025, anchored by a Rs 200 crore venture capital fund to back 5,000 startups over the next decade.
ET World Leaders Forum: We must keep eyes wide open while dealing with China, says Shashi Tharoor
Shashi Tharoor highlights the UN's declining effectiveness due to superpower disagreements and a move away from multilateral solutions. He criticizes Trump's unpredictable diplomacy and its negative impact on India, particularly concerning tariffs and trade. Tharoor advises a cautious approach to China, acknowledging its strategic challenges and the need for diversification and domestic stimulus.
India's food transformation key to global hunger fight as Western funding drops: WFP Deputy Chief
As global hunger soars due to conflict and funding cuts, the WFP highlights India's transformation into a key aid supplier. India's innovative solutions, like grain ATMs and rice fortification, are reshaping relief efforts in crisis zones. The WFP seeks deeper collaboration with India, leveraging its expertise and influence to combat escalating food insecurity worldwide, especially with traditional donors reducing contributions.
Customer trust and referrals drive Zerodha, not incentives: Nithin Kamath
Zerodha’s growth has been driven by customer referrals and word-of-mouth publicity instead of advertising, says Founder and CEO Nithin Kamath as he explains how despite regulatory changes ending referral incentives, referrals remain steady for the discount broker. This is a testimony to customer trust and loyalty for the platform, he adds.
If India becomes strong in every sector, world will listen to it: Nitin Gadkari
Nitin Gadkari advocated for India to become a superpower and "vishwaguru," emphasizing that global recognition hinges on strength across all sectors. He addressed a gathering, recalling the 1947 partition and expressing a resolve for a unified India. Gadkari highlighted Prime Minister Modi's vision for a $5 trillion economy and self-reliant nation, urging collective effort to achieve these goals.
MeitY plots data leap; BlueStone IPO opens
India's IT ministry has resumed discussions on a national data centre policy after five years. This and more in today’s ETtech Top 5.
Axiom Space expands partnership with India for future human spaceflights and space station development
Axiom Space, having facilitated Indian astronaut Shubhanshu Shukla's ISS journey, aims to strengthen its Indian partnership through further human spaceflights and its space station program. CEO Tejpaul Bhatia emphasizes India's growing prominence in the global space sector, highlighting collaborative opportunities between US, India, NASA, ISRO, and Axiom.
School Assembly Headlines for August 11: Top national, international, sports and business updates
Today's headlines cover a range of significant events, from PM Modi's launch of Bengaluru's Yellow Line metro and the Army's bridge construction in Uttarkashi, to international discussions between Lula and Putin regarding Ukraine peace. In sports, Samson credits Gambhir for his confidence revival, while New Zealand celebrates a record-breaking Test victory.
Trump's tech shift opens the way for India to do a UPI on AI
US has shifted its AI strategy towards rapid innovation, prioritizing economic and geopolitical dominance over ethical concerns. This move, driven by Executive Orders, sparks debate about potential societal risks and regulatory gaps. As the US accelerates, India has an opportunity to champion a balanced approach, emphasising ethical innovation and inclusive governance, potentially leading a 'third way' in AI development.
India Inc rallies behind roaring Brand India as US tariff spat escalates
Top Indian business leaders have come out in strong support of Brand India following US President Donald Trump’s decision to double tariffs on Indian goods to 50%. Leaders including Varun Berry (Britannia), Harsh Goenka (RPG), Anand Mahindra (Mahindra Group), Deepinder Goyal (Eternal/Zomato), and Nadir Godrej (Godrej Industries) stressed the need to strengthen Indian brands, improve ease of doing business, and invest in infrastructure and tourism.
Global powers will bully India unless it becomes most unapologetic superpower: Eternal CEO
"Every few years, the world reminds us of our place. A threat here, a tariff there. But the message is the same: stay in your lane, India. Global powers will always bully us, unless we take our destiny in our own hands. And the only way to do that is if we collectively decide to become the world's largest most unapologetic superpower in the world. In economy, in technology, in defense, and most importantly, in ambition," CEO of online food delivery platform Eternal, said.
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