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BUSINESS

India's Top 100 Stocks Offer Buying Opportunities Amid Attractive Valuations: Report

Omniscience Capital says India's large-cap stocks offer relatively attractive valuations, with buying opportunities emerging in select top 100 companies across banks, NBFCs, power and energy-transition sectors.

Experts Discuss WTO Fisheries Subsidies Pact, Implementation Challenges

Experts at a CTIL-IIFT webinar discussed India’s implementation of the WTO Fisheries Subsidies Agreement, focusing on data, monitoring and institutional coordination.

Bharat Taxi Launches in UP with Zero Commission, Rs 5 Lakh Social Security for Drivers

Uttar Pradesh CM Yogi Adityanath launched Bharat Taxi in Lucknow, Gorakhpur, Varanasi and Prayagraj, offering taxi, two-wheeler and three-wheeler drivers a zero-commission platform and up to Rs 5 lakh social security cover.

NSE IPO GMP Falls to Rs 43 Ahead of Listing, Signals Modest Debut

NSE IPO grey market premium has dropped to Rs 43 ahead of its September 24 listing, indicating a potential listing price of around Rs 1,828 per share, or a 2.41% premium over the Rs 1,785 issue price.

Domestic Air Traffic Falls 6.34% in August; IndiGo, SpiceJet Lose Market Share

India’s domestic air passenger traffic declined 6.34% year-on-year to 1.21 crore in August, according to DGCA data. IndiGo’s market share fell to 65%, while SpiceJet’s declined to 1.2%. Air India’s share rose to 26.7%.

India Private Sector Growth Accelerates in September, Manufacturing Leads: HSBC PMI

India’s private sector economy gained momentum in September, with HSBC Flash Composite PMI rising to 56.5 from 54.3 in August. Manufacturing led growth as new orders, employment and business confidence improved, while inflationary pressures eased.

Shipki Pass trade resumption revives debate over India-China-Tibet historical narratives

India-China border trade through Shipki La in Himachal Pradesh resumed on August 1 after a six-year gap. A report by The Diplomat says the reopening, despite limited economic significance, has renewed debate over competing historical narratives surrounding Tibet, India-China trade and the region’s past.

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