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Emkay Research anticipates significant stock market growth, projecting the Nifty 50 to reach 28,000 by September 2026, driven by the government’s GST rationalisation initiative. This reform is expected to boost economic growth, enhance competitiveness, and accelerate the formalisation of the Indian economy. S&P’s recent rating upgrade further supports India’s economic robustness.

The Cabinet Committee on Economic Affairs has approved the construction of a six-lane Capital Region Ring Road in Odisha. This project aims to reduce congestion in Bhubaneswar, Cuttack, and Khordha. The bypass will connect major National Highways and economic nodes. It will improve freight movement and boost socio-economic growth. The project is also expected to

The Cabinet Committee on Economic Affairs, led by Prime Minister Narendra Modi, has approved the development of a new greenfield airport in Kota-Bundi, Rajasthan. The Airports Authority of India (AAI) will construct the airport at an estimated cost of Rs 1507 crore. The new airport will accommodate A-321 type aircraft and manage the expected increase

Indian Railways is implementing stricter baggage rules, including weight checks at major stations like Prayagraj Junction, mirroring airline practices. Passengers exceeding weight limits will face extra charges, with allowances varying by travel class.

Air Canada will gradually resume operations following an agreement with its flight attendants’ union, CUPE, ending a strike that disrupted travel for approximately 130,000 passengers daily. The deal, reached after mediation, guarantees pay for ground work, a key issue for the union. While flights will resume Tuesday evening, full service restoration may take over a

Ahead of Prime Minister Modi’s China visit, Beijing is reportedly delaying approvals for India-China partnership agreements, especially those involving technology transfers. Deals like Haier India’s stake sale and PG Electroplast’s compressor technology transfer are facing scrutiny. This caution extends to the automotive sector, particularly EV technology sharing, impacting Indian companies’ expansion plans.

Gold price prediction today: Gold prices are expected to fluctuate due to various global factors. Easing safe-haven demand and geopolitical developments impacted the metal, despite support from dovish US rate expectations. Investors are awaiting US PMI data, Fed Chair Powell’s speech, and updates from the Jackson Hole symposium for policy signals.

Stock market recommendations:Motilal Oswal Financial Services recommends HDFC Life and Hindustan Aeronautics as top stock picks for the week starting August 18, 2025. HDFC Life’s strong Q1 performance, driven by APE and VNB growth, positions it favorably. Hindustan Aeronautics boasts a robust order book and margin expansion, with Tejas deliveries being a key growth catalyst.

Prime Minister Modi’s GST restructuring announcement, expected by Diwali, has energized Dalal Street, potentially benefiting over 40 stocks. Automotive, financial, real estate, consumer, and cement sectors saw gains as investors anticipate simplified tax rates. Analysts project household savings and increased consumption, though the government’s revenue management remains crucial.

Qantas Airways faced a penalty of $59 million for unfairly firing over 1,800 ground staff during the Covid-19 pandemic. This is in addition to the $78 million compensation already agreed upon. The court found the airline guilty of serious labor law breaches. Qantas CEO Vanessa Hudson apologized for the hardship caused.