Market experts indicate a positive outlook, citing robust institutional investment flows and supportive policy measures. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was near 25,600, BSE Sensex moved up over 200 points. At 9:17 AM, Nifty50 was trading at 25,597.80, up…
Representative image (Picture credit: AP) Asian equities edged lower on Wednesday while the dollar hovered near multi-year lows, as investor focus turned to the likelihood of US interest rate cuts and President Donald Trump’s looming July 9 deadline for new trade tariffs. Meanwhile, oil prices held steady ahead of a key OPEC+ meeting this week.According…
Mumbai: UPI transactions in June 2025 rose 32% year-on-year in volume and 20% in value, clocking 1,840 crore worth Rs 24 lakh crore. However, on a month-on-month basis, volumes dipped from 1,868 crore in May to 1,840 crore, and transaction value declined from Rs 25 lakh crore to Rs 24 lakh crore. The average daily…
NEW DELHI: The government on Tuesday gave more headroom to vehicle aggregators such as Uber, Ola, inDrive and Rapido on surge pricing. In a set of guidelines on ride-hailing services, the road transport ministry allowed aggregators to charge up to twice the base fare, as against 1.5 times earlier, while leaving the non-peak hour charges…
MUMBAI: Shadowfax has filed draft IPO papers with markets regulator Sebi through the confidential filing route. The company is seeking to raise up to Rs 2,000-2,500 crore comprising a mix of fresh issue of shares and offer for sale (OFS) by existing shareholders, sources said. The Flipkart and TPG backed logistics startup which was last…
President Trump’s policy bill would make significant cuts to the food aid program, once known as food stamps, used by about 42 million people. Source link
IndiGo, India’s largest airline by market share, has launched its first direct long-haul service between Mumbai and Manchester, marking a significant milestone in its international expansion strategy. The thrice-weekly flights will operate using Boeing 787-9 Dreamliner aircraft under a damp lease agreement with Norse Atlantic Airways, the company said Tuesday.The new route signals IndiGo’s entry…
Hero Motors IPO: Hero Motors has refiled its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) with an increased issue size of Rs 1,200 crore. The revised IPO will consist of a fresh issue of equity shares worth up to Rs 800 crore…
The Reserve Bank of India (RBI) has appointed Kesavan Ramachandran as Executive Director (ED) with effect from July 1, 2025, the central bank said in an official release on Tuesday.Before his promotion, Ramachandran was serving as Principal Chief General Manager in the Risk Monitoring Department. As Executive Director, he will now look after the Department…
US President Donald Trump’s reciprocal tariffs suspension deadline approaches on July 9. (AI image) India-US trade deal update: Intense trade discussions between India and the US continue for the sixth consecutive day on Tuesday in Washington, as negotiations reach a critical phase with New Delhi seeking improved market accessibility for its workforce-intensive products, according to…
