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Japanese credit rating agency JCR has upgraded India's sovereign credit rating to 'A-' with a stable outlook, citing a high growth rate of around 7 per cent. In a statement issued on September 2, 2026, JCR said it upgraded India's Foreign Currency Long-term Issuer Rating from BBB+ to A-. Similarly, the Local Currency Long-term Issuer Rating was also upgraded from BBB+ to A-, with a stable outlook. Furthermore, the agency raised India's country ceiling by one notch to A. The agency stated that this is an unsolicited rating, meaning it was issued without a request from the Indian government. Strong…

Benchmark indices Sensex and Nifty ended the volatile session in the red. While auto and IT stocks dragged markets down, value buying in banking stocks helped the market recover from its intraday lows. The 30-share BSE Sensex closed 373.93 points or 0.49 per cent lower at 76,570.35. During the day, the benchmark hit a high of 76,570.35 and a low of 76,135.72, gyrating 434.63 points. The 50-share NSE Nifty ended with a fall of 141.35 points or 0.59 per cent and closed the session at 23,914.45. Similarly, the broader market ended the session mixed. While the BSE MidCap Select Index…

Rates of precious metals in futures continued to fall on Wednesday, September 02, 2026. The price of precious yellow metal continued to decline for the 6th consecutive session as escalating Middle East conflict lifted oil prices and stoked inflation and rate-hike fears. The gold October 5 contract on the Multi Commodity Exchange (MCX) opened gapped down by Rs 1,696, or 1.11 per cent, to Rs 1,50,033 per 10 grams, down from the previous close of Rs 1,51,729. It dropped further to touch the intraday low of Rs 1,49,665, down Rs 2,064 or 1.36 per cent.  On the MCX, the yellow…

Life Insurance Corporation of India (LIC) has launched two new insurance policies - Bima Platinum (Plan 770) and Jeevan Raksha (Plan 894). LIC CEO and MD R Doraiswamy launched these products on the occasion of the Corporation's 70th anniversary. The two plans offer different benefits, premium-payment options, and purposes. Here is what prospective policyholders should know about these two insurance policies. LIC Bima Platinum Plan 770 According to LIC, Bima Platinum is a non-par, non-linked, individual plan. In simple terms, it is an individual insurance policy that is neither profit-sharing nor market-linked. It provides insurance protection along with savings. It…

Shares of Ahmedabad-based TMT steel bars manufacturer Rhetan TMT surged 10 per cent to hit an upper circuit even as Nifty Metal fell nearly 1 per cent amid weakness in the benchmark indices as fresh strikes between the US and Iran drove investors into risk-off positioning. The counter opened at Rs 19.22, up 8.25 per cent from the previous close of Rs 19.16, and surged to an intraday high of Rs 21.05. Last seen, the stock was trading at Rs 21.04, and the company's market cap stood at Rs 1,676.63 crore. The stock reversed course today and gained after four…