Business

Sensex derivatives weekly expiry on Thursday will be the first under India's new Closing Auction System, raising concerns over volatility due to lower liquidity in the BSE cash market. Traders remain cautious after sharp movements during Nifty's recent expiry under the mechanism

The rupee depreciated 9 paise to 95.17 against the US dollar in early Thursday trade as persistent geopolitical concerns offset support from easing crude oil prices. Foreign fund outflows and a stronger dollar also weighed on the domestic currency despite positive equity market opening

Indian equity markets opened marginally higher on Thursday, supported by hopes of a US-Iran peace deal and strong June quarter earnings. Sensex and Nifty gained in early trade, while IT, pharma and healthcare stocks advanced. Foreign investors remained sellers amid market movements

To ensure our young workforce thrives, we must stop preparing it to compete with machines and instead teach it how to lead them

RBI's neutral policy stance reflects the central bank's preference to wait for greater clarity on inflation and global developments before making its next move

The Delhi High Court has sought the Union government’s response to a PIL demanding an automatic refund mechanism for excess Tax Deducted at Source (TDS) in cases where individuals are not required to file income tax returns. The plea argues that mandatory ITR filing for refunds disproportionately burdens senior citizens and low-income earners, despite their incomes being below the taxable threshold.

Monte Carlo Fashions reported a wider consolidated net loss of Rs 23.4 crore for the June quarter despite a 7.6 per cent rise in revenue. The company's EBITDA loss also widened, while its shares declined following the announcement of the quarterly results

India's electric vehicle market is witnessing rapid growth, with EV sales increasing 46-fold since 2016. The government projects the market to reach USD 191.04 billion by 2034, supported by rising investments, battery production, charging infrastructure and growing exports

The rupee appreciated 13 paise against the US dollar after the Reserve Bank of India kept the repo rate unchanged. Improved global risk sentiment, lower US Treasury yields and weaker dollar supported the domestic currency despite continued geopolitical uncertainties in West Asia

The Reserve Bank of India kept the repo rate unchanged at 5.25 per cent for the fourth straight meeting, citing inflation uncertainties linked to higher energy prices and geopolitical tensions, while slightly raising its growth forecast and announcing measures for cooperative banks and consumer protection

Government sources said social media platforms, including Meta, must comply with Indian laws after a parliamentary panel sought an unconditional apology from Meta CEO Mark Zuckerberg over the temporary removal of Prime Minister Narendra Modi's Facebook post

Gold futures rose for the second straight session, gaining Rs 2,165 per 10 grams on the MCX amid strong overseas markets, renewed safe-haven demand, a weaker US dollar and easing inflation concerns, while investors awaited key US economic data and central bank signals

RBI Governor Sanjay Malhotra said India may introduce polymer currency notes by FY28 after ongoing field trials assess durability and suitability. The pilot involves Rs 10 and Rs 20 denominations, with polymer notes expected to complement existing paper currency rather than replace it

The RBI kept the repo rate unchanged at 5.25 per cent for a third straight policy meeting, while maintaining a neutral stance. It raised its FY27 GDP growth forecast to 6.7 per cent, lowered the inflation projection to 5 per cent and cited global uncertainties.

Benchmark equity indices Sensex and Nifty opened higher on Wednesday, driven by easing crude oil prices and continued foreign fund inflows. Investors are closely watching the RBI's monetary policy decision for guidance on interest rates, inflation and the broader economic outlook.

The rupee appreciated 39 paise to 94.89 against the US dollar in early trade, buoyed by lower crude oil prices and optimism over US-Iran talks. Investors are now awaiting the RBI's monetary policy decision for fresh cues on interest rates and inflation.

The Reserve Bank of India's Monetary Policy Committee is widely expected to keep the repo rate unchanged at 5.25 per cent while retaining its neutral stance. Markets will closely watch Governor Sanjay Malhotra's guidance on inflation, growth, liquidity and future policy direction.

The Reserve Bank of India (RBI) is expected to keep key interest rates unchanged in its August 4 monetary policy review, prioritising economic growth as inflation remains within the tolerance band. Retail inflation stood at 4.38% in June, largely due to global oil prices, but public sector oil firms absorbed much of the impact.

LIC shares fell nearly 8 per cent after the government launched an Offer for Sale to divest up to 6.5 per cent stake. The discounted floor price and increased share supply weighed on sentiment as the divestment supports SEBI’s public shareholding norms

Sensex and Nifty traded mixed after the new Closing Auction Session for F&O stocks took effect. Analysts called Monday’s sharp Nifty surge a one-off anomaly, while positive economic indicators, FII buying and global market trends continued influencing investor sentiment

FSSAI has ordered Dabur India to immediately stop selling several food products carrying allegedly misleading "100 per cent" and organic claims, citing violations of food advertising and organic regulations. The company must submit an Action Taken Report within 15 days as shares declined

The US Federal Aviation Administration has certified Boeing's 737 Max 7 for commercial service after years of delays caused by safety reviews, design changes and regulatory scrutiny following the fatal Max 8 crashes. The aircraft is expected to serve short- and medium-haul routes.

Nissan returned to profit in the first quarter, supported by cost-cutting measures and stronger sales in key markets. The Japanese automaker maintained its annual profit forecast despite challenges in China, higher material costs, US tariffs and disruptions caused by the recent Japan earthquake

The rupee appreciated for the sixth consecutive session, closing 12 paise higher at 95.31 against the US dollar. Lower global crude oil prices, a weaker dollar, FII inflows and easing tensions between the US and Iran supported the domestic currency