June 13, 2025 1:34 PM

Crude oil prices surge over $4 after Israel strikes Iran

Crude oil prices jumped more than 4 dollars a barrel today, hitting their highest price in almost five months after Israel struck Iran, escalating tensions in West Asia and raising worries about disrupted oil supplies. Brent Crude was trading over 5.3 per cent up at 73 dollars and five cents per bar...

June 12, 2025 5:33 PM

Retail Inflation Drops to 2.82% in May, Lowest Since Feb 2019

India's retail inflation moderated to 2.82 percent in May from 3.16 percent in April, driven by significant easing in food prices. According to data released by the Ministry of Statistics and Programme Implementation, it is the lowest year-on-year inflation after February, 2019. Meanwhile, inflation...

June 12, 2025 12:03 PM

Sensex drops 377 points, Nifty falls below 25,050 amid broad-based selloff

The Benchmark domestic equity indices, Sensex and Nifty, were trading over 0.4 per cent down in the forenoon trade today amid mixed global cues. On the sectoral front, barring Pharma, healthcare, media and telecommunication, all other sectors were trading with cuts. The 30-share BSE Sensex lost 377 ...

June 11, 2025 7:29 PM

SEBI Mandates UPI Payment System for Market Intermediaries from Oct 1

The Securities and Exchange Board of India (SEBI) today said it has mandated a new UPI payment mechanism for all registered intermediaries who collect funds from investors to enhance investor protection and financial transparency within the securities market. Speaking in Mumbai today, SEBI chief Tuh...

June 11, 2025 4:24 PM

Sensex Rises 123 Points, Nifty Ends at 25,141 Amid Positive Asian Cues

The benchmark domestic equity indices today ended with marginal gains, tracking positive cues from Asian markets. The 30-share index at the Bombay Stock Exchange, Sensex, rose 123 points, to close at 82,515. The National Stock Exchange Nifty-50 added 37 points, to settle at 25,141. The broader mark...

June 11, 2025 4:22 PM

RBI Discontinues Daily VRR Auctions Amid Rs 3 Lakh Crore Liquidity Surplus

The Reserve Bank of India has discontinued daily Variable Rate Repo (VRR) auctions starting today, in view of a liquidity surplus in the banking system, currently estimated at around 2.75 to 3 lakh crore rupees. The daily VRR auctions were launched on January 16 2025 to ease short-term liquidity tig...

June 11, 2025 1:18 PM

India’s market capitalization soars by one trillion dollars since March

India's listed companies have added nearly $1 trillion in market capitalisation since early March 2025, driven by a sustained rally following a five-month correction between October 2024 and February 2025. In percentage terms, the market cap has surged by over 21 per the highest increase among the w...

June 10, 2025 9:21 PM

FSDC Meeting: FM Sitharaman Emphasises Citizen-Centric Refund Process for Unclaimed Financial Assets

Union Finance Minister Nirmala Sitharaman has urged regulators to expedite refunds of unclaimed deposits, shares, insurance, and pension funds through special district-level camps. She emphasised the need to keep citizens’ interests at the forefront and ensure a smooth refund process.   The Mi...

June 10, 2025 12:47 PM

Sensex, Nifty trade marginally higher amid mixed global cues

The Benchmark domestic equity indices, Sensex and Nifty, were trading marginally up in the forenoon trade today amid mixed global cues. On the sectoral front, IT pack, media, metal, and commodities were trading higher while realty, banking, and financial services were major drags. The 30-share BSE ...

June 9, 2025 1:56 PM

Indian markets rally half a percent in afternoon trade following RBI’s surprise 50 basis point rate cut

The Benchmark domestic equity indices, Sensex and Nifty, were trading higher in afternoon trade today, supported by favourable global signals. The 30-share index at the Bombay Stock Exchange, Sensex, was up 298 points at 82,487, and the National Stock Exchange’s Nifty50 was up 106 points at 25,109...