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UK PM Andy Burnham vows crackdown on subscription traps, fake discounts

Economictimes.indiatimes.com 

Prime Minister Andy Burnham plans to tackle subscription traps and misleading discounts. New rules will make it easier for consumers to cancel unwanted subscriptions. Businesses must provide clearer information and easier exit options for customers. A 14-day cooling-off period will also be introduced for consumers. Burnham is touring the country to understand financial pressures faced by citizens.

Sensex today | Stock Market Live: Stock to buy today: PhysicsWallah

Thehindubusinessline.com 

Sensex, Nifty, Share Prices Live: The trend has been up for the stock of PhysicsWallah since March. While it recently witnessed a correction in price, the chart shows formation of a new base at ₹123, where the 50-day moving average coincides. We expect the scrip to witness a fresh leg of rally on the back of this. In the near-term, the stock has the potential to rally to ₹155.

China is balancing Asia's crude oil demand by itself

Economictimes.indiatimes.com 

China is bearing much of Asia’s crude demand reduction as the Iran war disrupts Middle East oil shipments through the Strait of Hormuz. Its July imports rose from June’s near-decade low but remained 24.3% below last year. Lower imports, supported by large stockpiles, are helping balance tighter regional supplies.

Nifty above 24,500, but volatility clouds path to 25,000: Analysts

Economictimes.indiatimes.com 

The Nifty index has moved past a significant resistance level, indicating potential further gains. Analysts suggest buying opportunities on dips for the Nifty index. Hindustan Aeronautics and Artemis Medicare are highlighted as top stock picks for the week. Union Bank of India and Mahindra & Mahindra also present strong buying prospects. State Bank of India and Amara Raja Energy & Mobility show strengthening momentum.

Jharkhand students protest: Ranchi prepares for march to state Assembly today

Economictimes.indiatimes.com 

Student protesters will hold a ‘Vidhan Sabha Gherao’ march in Ranchi on Monday, demanding cancellation and CBI probes into JSSC-CGL and other exams over alleged recruitment irregularities. Security has been tightened, with razor fencing and restrictions near the Assembly. The state government has announced CID and ED probes, but students continue demanding a CBI inquiry.


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