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Reserve Bank of India (RBI) Governor Sanjay Malhotra. File. | Photo Credit: Reuters The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged for the second time in a row, at 5.25%, Governor Sanjay Malhotra announced on Friday (June 5, 2026). While announcing the decision,…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee appreciated 11 paise to 95.63 against the U.S. dollar in early trade on Friday (June 5, 2026), as market participants wait for the RBI policy decision, while there has also been encouraging news from the India-US trade discussions. Forex traders said the…
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Stock market benchmark indices Sensex and Nifty traded higher in early deals on Friday ahead of the RBI’s monetary policy decision. The 30-share BSE Sensex climbed 269.93 points to 74,629.94 in opening trade. The 50-share NSE Nifty went up by 62.4 points to 23,478.95. From the 30-Sensex firms, Tech Mahindra, Bajaj Finance, Mahindra & Mahindra,…
Read More “RBI Monetary Policy Committee LIVE: Repo rate unchanged at 5.25%” »
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Stock market benchmark indices Sensex and Nifty traded higher in early deals on Friday (June 5, 2026) ahead of the RBI’s monetary policy decision. The 30-share BSE Sensex climbed 269.93 points to 74,629.94 in opening trade. The 50-share NSE Nifty went up by 62.4…
Read More “Stock markets climb ahead of RBI’s monetary policy decision” »
Rajesh Exports Ltd, which the Securities and Exchange Board of India (SEBI) charged with misreporting financial information and misleading investors, denied the charges in an exchange filing released Thursday (June 4, 2026.) “The Company emphatically states that it has done no wrong and all the reporting of the Company with regard to it’s financials has…
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Source: x.com/kishanreddybjp Seeking to expand cooperation and technology-sharing in the realm, India and the United Kingdom on Thursday (June 5, 2026) formally launched the Critical Minerals Global Supply Chain Observatory (GSCO). The observatory was first announced during U.K. Prime Minister Keir Starmer’s visit to India in October last year to “expand mineral coverage, further integrate…
Both Opposition and ruling party members raised concerns about the impact of the U.S.-Iran stand-off on the Indian economy. File | Photo Credit: The Hindu The Parliamentary Standing Committee on Finance, headed by BJP leader Bhartruhari Mahtab, on Thursday (June 4, 2026) questioned the government on why, despite making hefty profits, the Oil Marketing Companies…
Read More “Panel grills Centre on OMCs’ failure to absorb oil shock” »
Emergency fire crews on Thursday (June 4, 2026) continued to battle a blaze at Tata Steel U.K.’s steelworks at Port Talbot in south Wales, which a workers’ union said had caused “substantial damage”. The Mid and West Wales Fire Service rushed several firefighters to the site on Wednesday (June 3, 2026) evening and soon confirmed…
Read More “U.K. fire crews battle blaze at Tata Steel’s plant in Wales” »
India plans to scrap capital gains tax on foreign portfolio investments in government securities, which could help boost such inflows, a source familiar with the matter said on Thursday (June 4, 2026). The South Asian nation is looking to attract foreign capital to counteract pressure on its rupee currency, which has weakened more than 5%…
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Image for representational purposes only. | Photo Credit: cueapi The effective selling price of aviation turbine fuel (ATF) for India’s airlines would be ₹115 per litre should they opt for the price stabilisation fund announced by the Union Cabinet on Wednesday, Rohit Raj, Director at the Union Ministry of Civil Aviation told reporters Thursday at…