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Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: AP Benchmark stock indices Sensex and Nifty declined on Tuesday (June 30, 2026) due to selling in IT, oil & gas and select banking shares amid uncertainty over the next round of U.S.-Iran negotiations in Doha. The 30-share BSE Sensex declined 249.70 points, or 0.33%,…
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Representative image. | Photo Credit: Getty Images/iStockphotos The rupee depreciated by 14 paise to close at 94.65 (provisional) against the U.S. dollar on Tuesday (June 30), as a strengthening greenback overseas and risk-averse investor sentiment weighed on the local unit. Forex traders said the rupee slipped to 94.58 against the U.S. dollar, driven by month-end…
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CBDT Chairman Ravi Agrawal. | Photo Credit: PTI The Union government on Tuesday (June 30, 2026) extended the tenure of CBDT Chairman Ravi Agrawal by six months, till December 2026. The 1988-batch Indian Revenue Service (IRS) officer was due to retire on Tuesday (June 30). In a statement on Tuesday (June 30), the Appointments Committee…
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While speaking at a business conference in London last week, Commerce Minister Piyush Goyal questioned the methodologies employed by sovereign ratings agencies in assigning ratings to India, saying they have been “unfair to India”. On the other hand, he praised one ratings agency — CareEdge Ratings — for being “objective”. This is not the first…
Read More “What are India’s problems with most Credit Ratings Agencies? | Explained” »
Image used for representational purposes. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty drifted lower in early trade on Tuesday (June 30, 2026) amid uncertainty over the next round of U.S.–Iran negotiations in Doha. Fresh foreign fund outflows and decline in blue-chip IT stock also weighed on the sentiments. The 30-share BSE Sensex…
Read More “Stock markets decline in early trade amid uncertainty over U.S.-Iran negotiations” »
Image used for representational purposes. File | Photo Credit: Reuters The rupee fell 7 paise to 94.58 against the American currency in early trade on Tuesday (June 30, 2026), as month-end demand for dollars from importers and corporates added pressure on the domestic unit. Forex traders said the losses for the rupee were partly cushioned…
Read More “Rupee falls 7 paise to 94.58 against U.S. dollar in early trade” »
Japanese yen. File | Photo Credit: Reuters Japan’s Finance Minister said Tuesday (June 30, 2026) that authorities were ready to take “appropriate action” after the yen hit a 40-year low against the dollar. The currency has been sliding for years and has come under renewed pressure because of the West Asia war and the gap…
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U.S. Ambassador to India Sergio Gor. File | Photo Credit: The Hindu The U.S.-India trade deal is in its “final steps”, with only the last one per cent of negotiations left to be concluded, US Ambassador to India Sergio Gor said on Tuesday (June 30, 2026), expressing confidence that the deal would soon be sealed…
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Canadian aerospace electronics manufacturer Firan Technology Group (FTG) inaugurates its first India manufacturing facility at the GMR Aerospace and Industrial Park in Hyderabad on Monday. | Photo Credit: Special Arrangement Advanced avionics and cockpit interface electronics for global aerospace and defence programmes will now be manufactured in Hyderabad, with Canadian aerospace electronics manufacturer Firan Technology…
Image used for representational purposes only. | Photo Credit: Reuters Dutch investment firm Prosus-owned PayU has posted its first operational profit of USD 18 million (about Rs 1,701 crore) for FY26, mainly due to its exit from low-margin businesses, the company said on Monday (June 29, 2026). PayU, which operates in India, has posted an…
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