India’s industrial activity maintained steady momentum in May 2026, with the Index of Industrial Production (IIP) rising 5.1% as compared to the same period last year. The growth came on the back of robust manufacturing and electricity output, even as mining remained under pressure.Data released by the ministry of statistics and programme implementation (MoSPI) on…
Axis Bank on Monday announced that its chief financial officer, Puneet Sharma, has resigned. Sharma, who has led the bank’s finance function since March 2020, stepped down on Sunday, June 28, and will remain with the lender until August 31. During his time at the private sector lender, Sharma served as the group head and…
The Centre is planning to roll out a Rs 5,000 crore scheme over the next three months to promote the adoption of cleaner technologies in the steel sector as part of efforts to reduce carbon emissions The Centre is planning to roll out a Rs 5,000 crore scheme over the next three months to promote…
More than a quarter of the country’s nearly 6,000 bond issuers carried AAA ratings at the end of the first quarter, while another 32% were rated AA+, according to the Securities Association of China. In comparison, fewer than 1% of outstanding US corporate bonds carry AAA ratings, Bloomberg data showed. In a move that could…
Concerns over the country’s fiscal outlook intensified after crude oil prices surged amid the conflict in the Middle East. (AI image) US-Iran war impact: India is well positioned to absorb a fiscal deficit that may be more than the current projections this year without putting its investment-grade sovereign rating at risk, according to Moody’s Ratings,…
China is accelerating plans to launch its first sulphur futures contracts this year as the Iran conflict has intensified price volatility, reinforcing the need for a hedging tool and greater pricing power in the global sulphur trade, sources told news agency Reuters. China is accelerating plans to launch its first sulphur futures contracts this year…
Top stocks to buy today (AI image) Stock market recommendations: TVS Motor Company, and Vijaya Diagnostic Centre are the top stock recommendations by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities for the June 29-July 3, 2026 week. The analyst has also shared his views on Nifty and Bank Nifty: Stock recommendations: TVS…
Sensex Today Live: Cautious start expected “Indian equity markets are expected to open on a flat-to-cautiously positive note, with Gift Nifty trading at 24,100, down by 5 points. Asian markets were mixed in early trade as investors assessed month-end portfolio rebalancing flows while closely monitoring developments surrounding the reported US-Iran ceasefire and upcoming diplomatic discussions….
Japan’s Nikkei slipped 1% and South Korea’s Kospi fell nearly 2%, pulling MSCI’s broadest Asia-Pacific share index down 0.4%. Futures pointed to a firmer opening for Wall Street, with S&P 500 and Nasdaq futures rising 0.4%, while European futures gained 0.2%. Asian equities traded cautiously on Monday as lingering uncertainty over the Middle East ceasefire…
NY judge’s query procedural, unlikely to derail DoJ bid to drop charges, says US lawyer in Adani case (Image credit: AP) NEW YORK: A US federal judge’s decision to seek a fuller explanation from prosecutors before approving the dismissal of criminal charges against billionaire Gautam Adani is a procedural requirement and does not signal that…
