Two Trades for Today: A metals stock for an over 6% gain, a large-cap chemicals maker for about 7% upmove
Membership Benefits
Access the exclusive Economic Times
Stories, Editorial & Expert opinion
Complete Access with ET Prime
Experience your Economic Times newspaper, The way you've always liked!
Get to know where the market gurus invest & grow your portfolio.
Stock Analyzer
Instant stock analysis based on Solvency, Profitability, Growth, Valuation, Momentum, Risk & More.
Now Available with ET Prime
Manage your money efficiently with this weekly guide.
Clean experience
with minimal ads
Easy & distraction-free reading with 90% less ads
Sharp Insight-rich,
In-depth stories across 20+ sectors
1500+ Exclusive stories & analysis across sectors to help you stay informed
Get One Year Times Prime Subscription worth ₹1199 for free
Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-
Enjoy unlimited access to breaking news and thought provoking stories from all around the world.
Get One Year Docubay Subscription worth ₹999 for free
Stream award-winning international documentaries from more than 100 countries.
Comment & Engage
with ET Prime community
Communicate & build a connection with great minds of the industry
A trusted team of
Journalists & Analysts
Unbiased perspective & detailed reporting by our team of journalists who have in-depth knowledge and years of experience
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
16 minutes ago
- Time of India
Will Trump ease tariffs based on market sentiment? Kevin Hassett clears the air on future plans
Live Events Hassett hails tariff deals (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Days after US President Donald Trump signed an executive order that modified tariff rates for dozens of countries, National Economic Council Director Kevin Hassett said on Sunday (August 3, 2025) that a market reaction to tariff policies will not deter the US President from proceeding with his plans to levy fees on an interview on NBC News, Kevin Hassett responded to a question on whether Trump could change the tariff rates again if the market reacted as it did in April, when the tariff announcement sent stocks tumbling. Responding to a question on the future tariff rate change, Hassett said, 'The markets have seen what we're doing and celebrated them, so I don't see how that would happen.'Host of NBC News's 'Meet the Press' Kristen Welker pressed Hassett: 'OK, but not ruling it out?' 'No, I would rule it out,' Hassett responded. 'Because these are the final deals,' he saidThe US president signed an executive order that changed tariff rates for dozens of countries after twice postponing plans to implement 'reciprocal' tariffs on other nations. Tariff rates now range from as high as 41 percent on goods from Syria to as low as 10 percent. According to the executive order signed by Trump, all imports will face a 10 percent tariff, effective August countries have separately negotiated trade deals to set their tariff rates, including Indonesia and Thailand, which agreed to a 19 percent tariff. Meanwhile, South Korea and Japan secured 15 percent rates, and the United Kingdom finalized a 10 percent tariff. Other nations that did not negotiate deals are set to face higher the tariff deals struck by Trump, Hassett said that those rates are 'more or less locked in' as other countries are expected to continue to press for negotiations, even after the tariffs kick in.'We have eight deals that cover about 55 percent of world GDP with our biggest trading partners, the EU, Japan, Korea, and so on,' Hassett said. 'I expect that those matters are more or less locked in, although there will have to be some dancing around the edges about exactly what we mean when we do this or that,' he added.'For the deals that aren't ready yet, they're going to get the reciprocal rates soon, and then we would expect that there might continue to be negotiations with those countries,' he continued.
Time of India
20 minutes ago
- Time of India
Hyd to soon get its first ropeway between Golconda Fort and Seven Tombs
1 2 Hyderabad: Soon, Hyderabad will get its first ropeway service connecting two historic landmarks — the Golconda Fort to the Qutub Shahi Tombs. The two-km-long ropeway will be used to ferry visitors between the heritage sites. Proposed cost per trip: Rs 100 to Rs 200 (average). Currently, the monuments have a daily footfall of 5,000 to 8,000 with weekends drawing over 10,000 people. Sharing details about the project, officials from the Hyderabad Unified Metropolitan Transport Authority (HUMTA) said that it will be built on the lines of the existing aerial transport systems in tourists destinations like Shimla, Dharamshala, and Manali that are operated by the Ropeway & Rapid Transport System Development Corporation (RTDC). You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad "Much like the Himachal Pradesh model, the city ropeway too will feature modern cable cars equipped to accommodate six passengers at a time, offering panoramic views of the historic structures and its surrounding landscape," said B Jeevan Babu, managing director, of HUMTA that has already called for tenders to draft a detailed project report, conduct a feasibility study and chalk out the budget for this bu-directional ropeway. The deadline for tenders is Aug 8. Apart from offering a unique experience, officials said that the project will also reduce travel time between the two monuments to 5 to 10 minutes, compared to the current 15 to 20 minutes by road during peak hours. The system will include two terminals, one near the Golconda Fort entrance and another at the Qutub Shahi Tombs complex. "We came up with this solution after facing challenges with road expansion due to constricted street layouts. The project will help reduce vehicular traffic and parking issues in the area, contributing to better preservation of these heritage sites," said Jeevan Babu. He added: "The construction will require huge towers between the two heritage sites. The development will follow a PPP model." While it is proposed to start with two cable car, the numbers may increase based on tourist response and commercial viability. "The primary objective is to provide efficient transport access for international and domestic visitors. As soon as the agency submits their feasibility report, we will commence the ropeway works," the MD told TOI. Previously, in 2024, the Centre announced plans for a ropeway tourism initiative at Telangana's Bhuvanagiri Fort. This is being implemented as part of the Swadesh Darshan 2.0 programme with an allocated budget of over Rs 50 crore. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !
Time of India
20 minutes ago
- Time of India
PM to open Metro line to IT corridor on Aug 10
Bengaluru: Missing the original deadline by two-and-a-half years, Bengaluru Metro Yellow Line — from RV Road in Jayanagar to tech hub on Hosur Road, offering a congestion-free commute for lakhs of tech workers — will be inaugurated by PM Modi on Aug 10. Tired of too many ads? go ad free now Commercial operations are likely from Aug 11. Union minister of housing and urban affairs Manohar Lal Khattar announced the launch date on X. On the same day, Modi will lay the foundation for Phase III of Namma Metro project, which proposes 45km lines at a cost of Rs 15,611 crore, the post added. Though infrastructure was ready for over two years for the 19km yellow line built by BMRCL at a cost of Rs 7,000 crore, the inauguration of this stretch, having missed revised deadlines multiple times, was further delayed due to shortage of coaches. BMRCL recently set Aug 15 as the revised target to open the line with just three trainsets. After receiving safety clearance from the Commissioner of Metro Railway Safety to open the new line connecting Electronics City, BMRCL approached the state govt. In 2023, ahead of the Karnataka assembly elections, Modi inaugurated the extended Purple Line from KR Pura to Whitefield. Later, three Namma Metro projects — two Purple Line stretches, the Green Line extension towards Tumakuru, and the Ragigudda–Silk Board double-decker flyover—were opened without fanfare. Although the Centre sanctioned Orange Line in 2024, the state govt's plan for a double-decker flyover delayed tendering. BMRCL is expected to float tenders by year-end. The agency is finalising the design plan, while environmental and social impact consultations are in progress, with reports likely to be published between Oct and Nov.
