PERSISTENT SYSTEMS PERFORMANCE
Amber Enterprises, Trent among key winners of GST-driven demand upswing
India's retail sector anticipates a consumption boost. The GST Council's tax slab rationalization aims to reduce prices on many goods. Apparel, footwear, and consumer electronics will likely see price drops. Organized retail may gain against unorganized players. Amber Enterprises and Trent are expected to benefit. Challenges like inverted duty structures remain. This policy shift signals a push toward consumption-driven growth.
US stock market jolted: Dow, S&P 500, Nasdaq tumble as Big Tech reels from bond angst, tariff shock and soaring gold at September’s kickoff
US stock market slipped at September’s start as surging bond yields, new tariff shocks, and record gold prices weighed on Wall Street. The Dow, S&P 500, and Nasdaq all fell, with Big Tech taking the hardest hit.
Looking for your first job? You're AI's prime target
A Stanford study reveals a concerning trend: entry-level positions in AI-exposed fields like tech and customer support are declining due to automation. Younger workers are disproportionately affected, experiencing a 13% employment drop since late 2022. While experienced professionals remain stable, this shift raises concerns about future talent gaps and the need for adaptation in education and policy.
SpaceX scrubs 10th Starship test launch amid weather delays; NASA’s Artemis III likely pushed to 2028
SpaceX scrubbed the 10th Starship test flight for the second consecutive night due to adverse weather conditions. This test is crucial for demonstrating capabilities needed for future Mars missions and NASA's Artemis III lunar landing. Despite previous setbacks and a pre-launch explosion, SpaceX aims to achieve in-orbit refueling next year, a critical step for deep-space exploration.
Millions of iPhone owners are guilty of this battery-killing mistake — are you one of them?
Many iPhone users assume that force-quitting apps helps to save battery life, but experts and Apple itself suggest otherwise. On iOS suspending apps in the background, using minimal power, while reopening them from scratch consumes more energy. This common trait, therefore, drains battery rather than saving it. Apple recommends only shutting down unresponsive apps only when they malfunction.
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Why India's jet engine still hasn't taken off
India's four-decade quest for a homegrown jet engine, exemplified by the Kaveri project, has been plagued by delays, cost overruns, and technological limitations. Despite significant investment and efforts by DRDO, the country still relies on foreign engines for its fighter aircraft.
Pentagon strengthens US-Mexico border security with advanced technological optics: Here’s a look at the systems deployed
In 2025, the US enhances border security along the U.S.-Mexico border using advanced optical technologies like GBOSS-E, LRAS3, and CROWS. These systems provide 24/7 surveillance, detecting threats across vast terrains. Military personnel offer logistical and intelligence support, while federal agencies handle direct enforcement, improving monitoring and security.
Titagarh Rail Systems shares jump 3% on Rs 467 cr order win from GRSE
Titagarh Rail Systems shares rose 3% after securing a Rs 467.25 crore LoI from GRSE to build two research vessels for the Geological Survey of India. The project, to be completed in 28 months under Indian Register of Shipping norms, comes as the company struggles with stock weakness—down 23% YTD despite a brief six-month recovery.
Gold smashes records in 2025 — outpacing stocks, bonds, bitcoin: UBS warns investors — are we on the brink of a historic surge?
Gold is dominating 2025. Outpacing stocks, bonds, and even Bitcoin, it has delivered a 28% gain so far this year. Investors are taking notice, and UBS has raised its forecast, predicting prices could hit $3,600 by March 2026 and $3,700 by mid-year. Surging demand from ETFs and central banks is driving this rally, pushing global gold consumption to its highest level since 2011.
Rs 101 payment for hit songs? Dark reality of Bollywood playback singing exposed by Kanika Kapoor
Singer Kanika Kapoor, known for hits like Baby Doll and Chittiyaan Kalaiyaan, has revealed that playback singers in Bollywood are often paid only token amounts, sometimes as low as Rs 101, even for popular songs. Speaking on Bunkk With Uorfi, she said most singers don’t receive proper fees, royalties, or publishing rights, and the industry treats minimal payment as a favour. Kapoor also hinted that even India’s most celebrated singer faces the same issue.
iPhone 17 leak hints at next-level privacy features that could end hackers for good — here’s what to expect
iPhone 17 security and privacy features are becoming the most talked-about part of Apple’s upcoming launch in September 2025. Beyond faster chips and camera upgrades, Apple is expected to raise the bar with stronger Face ID, possible under-display Touch ID, expanded iCloud encryption, and on-device AI for safer browsing and fraud detection.
US stock market tumbles as PPI inflation hits 3-year high, crushing Dow, S&P, Nasdaq and Fed rate cut hopes
US stock market opened weaker as hotter-than-expected U.S. wholesale inflation rattled markets, pushing the Dow Jones, S&P 500, and Nasdaq into early losses. July’s Producer Price Index (PPI) surged 0.9% month-over-month, well above forecasts, underscoring stubborn price pressures. AI stock Coherent plunged nearly 19% after disappointing Q2 earnings, sparking caution in growth sectors. Amazon, Netflix, and UnitedHealth managed modest gains, while Nvidia and other big tech names slipped.
Buy, Sell or Hold: Nuvama maintains buy on Nykaa; cuts target price for Titagarh Rail Systems
Nuvama reiterated ‘Buy’ ratings on Titagarh Rail Systems, Bharat Dynamics, and Nykaa, citing strong long-term prospects despite short-term challenges. It sees 15%–51% upside over the next year, driven by sectoral tailwinds, policy support, easing supply chain issues, and market share gains.
Lok Sabha passes National Sports Governance Bill
The Lok Sabha approved the National Sports Governance Bill. This bill aims to make sports federations work fairly and openly. It also protects athletes through safety rules and ways to solve problems. The bill sets standard rules for how sports federations are run. The Board of Control for Cricket in India will be recognized as a National Sports Federation.
Parliament panel flags concerns over authenticity of Jal Jeevan Mission data
A parliamentary panel has raised concerns about the reliability of data uploaded by states on the Jal Jeevan Mission's IMIS portal, emphasizing the need for verification to accurately assess progress and address gaps in rural water supply. The committee also highlighted issues with water quality, infrastructure restoration, and sanitation incentives, urging the government to take corrective measures for effective implementation.
Gold price hits record high: Should you buy now or beware?
Gold prices in India have reached record highs. Experts attribute this to global economic uncertainty. US tariff policies and geopolitical tensions are factors. Central banks are diversifying into gold. Investors should consider gold as a long-term strategic asset. Gold ETFs and multi-asset funds are investment options. Experts advise a buy-on-dips strategy. Investors should align investments with their risk appetite.
Breaking China’s magnetic grip: Can US and Europe end rare Earth dependence amid new export controls?
The US and Europe are urgently seeking to reduce reliance on China's rare earth supply due to tightened export controls. China dominates rare earth production and processing, leading to concerns over supply chain vulnerabilities. New export restrictions on key elements have disrupted industries, causing price spikes and production halts.
FII selling crosses Rs 50,000 crore in IT stocks in 2025. Is tech dead money or just misunderstood?
FIIs have heavily sold Indian IT stocks in 2025, causing a significant downturn and making it the worst-performing sector. Disappointing earnings and layoffs have fueled the sell-off, impacting major companies like TCS. While valuations are now more attractive, analysts are cautiously optimistic, suggesting a potential tactical bounce but emphasising the need for a new technology cycle for a sustained recovery.
Genie 3: Google DeepMind’s New AI Turns Prompts into Living, Breathing 3D Worlds
Genie 3, Google DeepMind’s latest marvel, is not just another AI model; it’s an evolutionary leap in real-time, interactive 3D generation. Think of it as Minecraft meets Midjourney, but with memory, physics, and a mind of its own.
OpenAI introduces ChatGPT 5 - Here's all you need to know
OpenAI introduces GPT-5, a significant advancement in AI. It excels in coding, math, writing, and healthcare. GPT-5 adapts to user needs, offering fast responses or deep reasoning. It reduces errors and improves instruction following. Available to all ChatGPT users, with enhanced access for Plus and Pro subscribers. OpenAI aims for powerful, safe, and accessible AI.
Intel struggles with key manufacturing process for next PC chip, sources say
Intel’s advanced 18A chipmaking process, key to regaining its lead in high-end semiconductor manufacturing, is facing yield issues. Early tests of its Panther Lake chips show low production quality, raising profitability concerns. Intel remains confident but may rely partly on rival TSMC as it pushes to improve yields before launch.
How to workout without raising stress hormones: Best time and type of exercises
Exercising regularly is beneficial for health, but the timing, intensity, and type of workout can impact stress hormone levels—particularly cortisol. High cortisol, often triggered by intense or poorly timed workouts, can lead to fatigue, weight gain, and sleep issues. Experts, including Stanford’s Dr. Anne Friedlander, suggest exercising during late morning to early afternoon to avoid cortisol spikes. Moderate cardio, strength training in moderation, and mind-body practices like yoga can help manage cortisol effectively.
Mid-tier IT pips big five in Q1 via strong deal conversions, AI efficiencies
Mid-tier Indian IT firms like Coforge, Mphasis, and Persistent outpaced top-tier peers in Q1 FY26 with strong deal wins, AI-led productivity, and sector-specific tailwinds. While industry growth slowed, mid-tier players posted 20% YoY revenue growth on average, outperforming top-tier firms' 1.5%, despite cautious client spending and hiring trends.
Punjab’s MSMEs battle land and power woes, all eyes on new industrial policy
While MSMEs in Punjab face several challenges, there’s a sense of cautious optimism regarding the state’s upcoming industrial policy.
Jefferies upgrades Street's most hated stocks, says Q1 earnings not too bad
Jefferies' mid-quarter review shows FY26 earnings downgrades outpacing upgrades, with banks driving most of the cuts. MSCI India’s FY26 EPS was trimmed by 1.7%, and Nifty EPS reduced to Rs 1,110. Motilal Oswal reported 7.5% YoY earnings growth for 38 Nifty firms, led by a handful of heavyweights, while several key names dragged overall earnings.
Parliamentary panel flags low consumer case resolution rate under e-daakhil platform; seeks urgent steps
A parliamentary panel urged the government to improve consumer case resolution. The panel expressed concern over the low resolution rate on the e-daakhil platform. It recommended a dedicated monitoring cell. Delays in video conferencing installations were also highlighted. The panel emphasized a detailed action plan. It also stressed the need for stable funding for the Price Stabilisation Fund.
Asian Energy Services shares rally over 11% in 2 days after Rs 865 crore order from Vedanta
Asian Energy Services share price surged over 11% in two sessions after the company secured a Rs 865 crore integrated services contract from Vedanta. The deal spans 57 months and covers field development and O&M services, reinforcing the company’s upstream oil & gas capabilities and long-term client partnerships.
ETMarkets Smart Talk | FII flows may be choppy, but India’s story still intact: PNB MetLife’s Sanjay Kumar
Sanjay Kumar of PNB MetLife remains optimistic about India's growth in H2 2025, citing macroeconomic resilience and earnings visibility despite FII outflows. He highlights the IPO market's strength and evolving retail investor behavior. Kumar favors domestic-focused sectors like consumer discretionary, capital goods, and healthcare, anticipating them to outperform amid global uncertainties.
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