CCEA Approves 29,800 Cr Schemes For Farmers

New Delhi: In order to speed up agriculture sector growth, the government sanctioned two major plans with a total disbursement of over Rs 29,800 crore.

Inflation Rate Down To 4.05%

New Delhi: For the week ended August 4, inflation turned down to 4.05 per cent as against to 4.45 per cent in the last week because of lower prices of poultry chicken, moong, fruits, vegetable and some man-made things.

The wholesale prices-based inflation was 5.08 per cent in the matching week of the last year. During the week, the prices of vegetables, fruits and poultry chicken slumped by five per cent each, whereas those of moong and fish-marine descended by one per cent.

IDBI Plans 3 Overseas Branches

Industrial Development Bank of IndiaThe Industrial Development Bank of In

Banks Should Perk Up Staff Abilities To Control Money Laundering - KPMG

New Delhi: KPMGIn a report, global consultancy firm KPMG stated that Indian Banks and some other Asia-Pacific countries should perk up their staff abilities to control money laundering actions as training programmes are fairly unsophisticated and laws outdated.

According to a worldwide study by KPMG Forensic, “Respondents across Asia-Pacific tell us that training in many parts of the region is relatively unsophisticated, reflecting outdated legislation and lack of regulatory pressure.”

The study mentioned that 17 per cent of the responders in the area alleged they give training in anti-money laundering (AML) actions to below 40 per cent of their employees.

Market Opens Weak and Slides further

Today, the stock market opened at 14,309.37, and continued its declining trend accompanied by weak global signs in the morning trades.

Asian Markets Skid Further; Nikkei Cut Down 414 Points

Japan's NikkeiAsian stock markets slipped further.

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News in Focus

Corona Remedies IPO Review by ICICI Direct

ICICI Direct has refrained from issuing a traditional recommendation for the Corona Remedies initial public offering, designating it as "UNRATED" in their latest assessment.

Ambuja Cement Share Price Target at Rs 656: BP Equities

BP Equities has issued a BUY recommendation for Ambuja Cements Limited, spotlighting its debt-free ascent to 107 million tonnes per annum (MTPA) capacity as of Q2FY26, with ambitions scaling to 155

United Spirits Share Price Target at Rs 1,580: Geojit Suggests HOLD Ratings

Geojit Investments has downgraded United Spirits Ltd to a HOLD recommendation from BUY, setting a target price of Rs. 1,580 against the current market price of Rs.

Aurobindo Pharma Share Price Target at Rs 1,430: Motilal Oswal Research

Motilal Oswal Financial Services has issued a Buy recommendation for Aurobindo Pharma Ltd.

VA Tech Wabag Share Price Target at Rs 1,877: Geojit Research

VA Tech Wabag's stock movement amid surging water infrastructure demand has been one of the main reasons for BUY Call by research house Geojit Investments Limited.

Allied Blenders and Distillers Share Price Target at Rs 738: Ventura Securities

Ventura Securities has initiated coverage on Allied Blenders and Distillers Ltd (ABDL) with a HOLD rating and a 24-month target price of Rs 738 per share, implying an upside of abo