Swiggy unveils ’99 Store’ for budget-friendly meals in 175 cities

The new 99 Store offers single meals at ₹99 with optional free Eco Saver delivery and aims to cater to Gen Z consumers seeking low-cost, everyday food options   Food delivery platform Swiggy on Tuesday announced the launch of the ’99 Store,’ a new range of offerings on its application. The section, which is a…

Analyst sees short-term upside in Adani Green, Asian Paints & BoB shares

Looking ahead, select buzzing stocks like Bank of Baroda (BoB) Ltd, Asian Paints Ltd and Adani Green Energy Ltd are expected to remain in focus among traders.   Broader markets remained resilient, with the BSE MidCap index gaining 0.60 per cent and the SmallCap index rising 0.52 per cent. Indian equity markets paused their upward…

Reliance Industries market cap surpasses ₹20 trillion-mark once again

Reliance Industries (RIL) share price climbed 2 per cent in trade and its market capitalisation crossed ₹20 trillion mark once again; check all details   Reliance Industries (RIL) shares climbed 2 per cent in trade on Thursday, logging an intraday high at ₹1,496.8 per share on BSE. The company’s market capitalisation surpassed the ₹20 trillion…

India’s economy resilient amidst global uncertainties: RBI Bulletin

The global economy is in a state of flux, reeling from the twin shocks of trade policy uncertainties and a spike in geopolitical tensions, said an article in the RBI’s June Bulletin   Amid global uncertainties, various high-frequency indicators point towards resilient economic activity in India across the industrial and services sectors, the Reserve Bank…

EPFO raises advance withdrawal limit to ₹5 lakh from PF accounts

The move will enable members of retirement fund body EPFO to get their advance withdrawal claims of up to Rs 5 lakh settled within three days   Union Labour Minister Mansukh Mandaviya on Tuesday announced raising the limit from Rs 1 lakh to Rs 5 lakh for auto-settlement of claims for advance withdrawal from employees’…

Defence stocks rally after US strikes Iran; GRSE, BEL, others jump up to 6%

Defence stocks: The sharp rise in the share prices pushed the Nifty Defence index up nearly 1.7 percent to hover around 9,037 in the morning. The shares of defence companies surged on June 23 after US launched strikes at key nuclear facilities in Iran, which increased hopes of higher defence order inflows amid escalating conflict…

Nifty remains ‘buy on dip’ for target of up to 25,800 as long as it holds 24,850, say experts

According to analysts, the Nifty remains a ‘buy on dips’ as long as it holds above the 24,850 level, with potential upside targets seen up to 25,800. The equity benchmark indices rebounded sharply on Friday, snapping a three-day losing streak, led by gains in financial, telecom and technology shares amid a drop in global crude…

Amazon plans ₹2,000 crore push to expand warehousing, delivery in India

Amazon has announced plans to invest around ₹2,000 crore ($233 million) in India in 2025, to scale up its logistics and delivery infrastructure, improve service speed and reliability, and enhance the welfare of its employees and delivery partners, the e-commerce giant said on Thursday.   The investment will go towards Amazon India‘s new fulfilment centres, sortation…

‘Iran won’t surrender, any US military intervention will cause irreparable damage’: Khamenei warns Trump

On Tuesday, US President Donald Trump issued a direct warning to Iran and demanded its ‘unconditional surrender’   A day after US President Donald Trump issued a direct warning to Iran and demanded its ‘unconditional surrender’, Iran’s Supreme Leader Ayatollah Ali Khamenei hit back with a defiant message, saying the Iranian people will not submit…

SEBI approves relaxed delisting norms for PSUs with over 90% government holding

The move introduces special provisions for PSUs where the Government of India and/or other PSUs hold 90% or more equity, allowing them to exit the markets through a fixed price delisting mechanism.   The Securities and Exchange Board of India (SEBI) has approved key amendments to the SEBI (Delisting of Equity Shares) Regulations, 2021, aimed…