June 6, 2025 5:33 PM

Most Asian markets end with gians, European markets trading mixed

 Most Asian Markets today ended with gains. Barring Hong Kong's Hang Seng index, which fell 0.48 per cent all other major asian markets ended in the positive territory. South Korea's KOSPI index surged 1.49 per cent. Japan’s Nikkei 225 index gained 0.5 per cent, Singapore's Straits Times index se...

June 6, 2025 5:59 PM

Domestic markets end the week with rise of nearly 1%

Benchmark domestic equity indices ended the week on a firm note rising nearly one percent. Market sentiment was boosted by a more than expected 50 basis points cut in repo rate and a 100 basis points cut in the Cash Reserve Ratio by RBI in it monetary policy. This easing of monetary policy to boost ...

June 6, 2025 4:47 PM

SEBI attaches Mehul Choksi’s bank, demat, and MF accounts to recover  over 2cr dues

The Securities and Exchange Board of India (SEBI) has ordered the attachment of fugitive​ businessman Mehul Choksi’s bank accounts, mutual funds and shares​ to recover over​ two crore rupees. The amount is related to a penalty imposed on him for violating insider trading rules in the share...

June 6, 2025 3:52 PM

RBI cuts repo rate to 5.5%, shifts policy stance to neutral

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) today decided to reduce the policy repo rate by 50 basis points (bps) to 5.5 per cent. Consequently, the standing deposit facility (SDF) rate under the liquidity adjustment facility (LAF) shall stand adjusted to 5.25 per cent and...

June 6, 2025 12:16 PM

Tesla shares see stark slump, wiping out nearly $150 billion

Shares of Tesla have seen a stark slump amid a public feud between President Trump and Elon Musk. At the Nasdaq exchange, Tesla's shares wiped out nearly 150 billion dollars from its market cap, its biggest single-day loss in value ever.   The rift between the two originated after President T...

June 5, 2025 8:39 PM

Oil prices up

Oil prices edged higher today, after falling the previous day. Brent Crude was trading 0.42 per cent higher at 65 dollars and 13 cents per barrel. WTI Crude was 0.30 per cent up at 63 dollars and four cents per barrel, when reports last came in. ...

June 5, 2025 3:53 PM

RBI invites authors to write books in Hindi on Economics, Banking & finance

The Reserve Bank of India has launched a ‘Scheme for Writing Books Originally in Hindi on Economics, Banking and Financial Subjects’ to encourage original writing and research in Hindi on these themes. Under this scheme, working or retired professors, including Assistant and Associate Profess...

June 5, 2025 6:30 PM

Most Asian markets end in gain, European markets trade in green

 Barring Japan’s Nikkei 225 index, most other Asian markets closed with gains today. South Korea’s KOSPI extended gains from the previous session to close 1.47 per cent up. Hong Kong's Hang Seng index gained 1.06 per cent, Singapore's Strait Times index settled 0.35 per cent up, and China's Sha...

June 2, 2025 7:03 PM

Union Minister Piyush Goyal Meets Global CEOs to Boost EV & Renewable Energy Investments

Commerce and Industry Minister Piyush Goyal today met top global CEOs in Paris to explore their future investment plans for the Indian market in promising sectors like electric vehicle and renewable energy. The Minister who is on a three-day visit to France will also attend a ministerial meeting of ...

June 2, 2025 5:32 PM

Country witnesses steady growth in overall coal production

India’s coal production and dispatch witnessed steady growth in May 2025, compared to the same period last year. In a statement, the Ministry of Coal said that the overall coal production in the country during May 2025 reached 86.24 metric ton (MT), marking an increase over the 83.96 MT produced...