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Trump shares image calling Strait of Hormuz 'new US territory' as Iran vows to keep waterway closed

New Delhi, Aug. 18 -- US President Donald Trump has escalated his claims over control of the Strait of Hormuz, sharing an AI-generated image depicting the strategic waterway as "NEW U.S. Territory" am... Read More


Crude oil stays above $90 per barrel as West Asia war drags on

New Delhi, Aug. 18 -- Global crude oil prices stayed above $90 a barrel on Tuesday amid choppy trade, as fading hopes of a deal between the US and Iran kept geopolitical risk elevated. Brent futures ... Read More


'Who's gonna tell her?': Indians have a field day as US influencer 'discovers' chrome plate

New Delhi, Aug. 18 -- The latest "chrome" utensils at IKEA have got American influencer Amanda Monsen obsessed, but the Indians on the Internet are flabbergasted by the gentrification of the steel tha... Read More


Raja Venkatraman recommends three stocks for 18 August

New Delhi, Aug. 18 -- Persistent sluggishness in the market has fueled growing uncertainty, as broader indices show little interest in moving in either direction. Without a clear catalyst, investor se... Read More


India preps booster sops for nutraceuticals

New Delhi, Aug. 18 -- The government is drawing up a new incentive framework for India's nearly $30 billion nutraceutical industry, looking to turn its rapid growth at home into a bigger manufacturing... Read More


Stock recommendations for 18 August from MarketSmith India

Stock market update, Aug. 18 -- Indian equity benchmarks extended their losing run to a fifth straight session on Monday, weighed down by a fresh spike in crude oil prices. Nifty 50 fell 78.35 points... Read More


Govt weighs scrapping performance bank guarantees for MSME contracts

NEW DELHI, Aug. 18 -- The Centre aims to ease cash concerns for smaller enterprises by scrapping stiff performance bank guarantees required for government contracts, two officials aware of the discuss... Read More


'Building wealth isn't the goal': Deepak Shenoy's investment advice for mutual fund SIPs goes viral

New Delhi, Aug. 18 -- Deepak Shenoy, Founder and CEO of Capitalmind Mutual Fund, has discussed SIPs on X. The post has gone viral, already garnering more than 65,000 views. Shenoy noted monthly SIP i... Read More


Ind-Ra raises India's FY27 GDP growth estimate to 6.8%

New Delhi, Aug. 18 -- India Ratings and Research Pvt. Ltd. (Ind-Ra) on Tuesday estimated India's gross domestic product (GDP) growth to moderate to 6.8% in 2026-27 due to higher fuel and food inflatio... Read More


India's art market is running on old masters and new money

New Delhi, Aug. 18 -- India's art auction market is increasingly becoming a story of price rather than volume. After turnover jumped 87% to Rs.3,040.65 crore in 2025, the market has extended that run ... Read More