Output, new orders, exports and hiring lose momentum as softer demand and intense competition weigh on factory activity, though the sector remains in expansion territory India’s private sector manufacturing activity expanded at its slowest pace in three months in June as growth in international sales, purchasing activity, employment and output moderated, a private survey…
Oman has reportedly lent its support to impose a fee on ship using the Strait of Hormuz despite the Donald Trump administration’s very public opposition to the plan, earlier proposed by Iran Oman has reportedly lent its support to impose a fee on vessels using the Strait of Hormuz despite the Donald Trump administration’s very…
Axis Bank’s CFO Puneet Sharma and Bandhan Bank’s CFO Rajeev Mantri both resigned within a day of each other, each citing career growth reasons. Sharma exits on 31 August after over six years at Axis, while Mantri will continue till 25 September. Two private-sector lenders saw their chief financial officers resign within a day of…
The Nifty 50 index has surged past the crucial 24,000 mark, driven by short covering and lower crude oil prices. Market experts share their insights on resistance levels, potential pullbacks, and what investors can expect in the near term. Stock market benchmark Nifty 50 reclaimed the psychologically important 24,000 mark on 24 June, largely due…
Finmin to review macro parameters towards year-end, inflation seen to remain high on base effect, energy price pass-through With crude oil prices now cooling amidst the interim peace deal between the US and Iran, India is hopeful that there will be some easing of its worries on the economic front. According to senior government sources,…
The United States and Iran on Wednesday unveiled a 14-point interim agreement aimed at ending the ongoing conflict between the two countries, restoring commercial shipping through the Strait of Hormuz and launching negotiations for a broader peace settlement. The document, titled the Islamabad Memorandum of Understanding between the United States of America and the…
India’s defence production hit a record ₹1.78 lakh crore in FY26, driving share prices up for defence firms. The sector experienced 15.6% growth from FY25, with increased private sector contributions and strong export performance boosting confidence in the industry’s future. Shares of defence stocks witnessed strong buying interest on Wednesday after the government announced that…
HCL Technologies share price has gained 12% in one month, but has risen only 1% in six months. The largecap IT stock has fallen 13% on a year-to-date (YTD) basis, and has declined 8% in one year. HCL Tech shares have jumped 51% in three years and 107% in five years. HCL Technologies share price…
An analyst said investors should remain invested instead of rushing to book profits as the Nifty has reclaimed the 24,000 mark. The benchmark indices Sensex and Nifty opened with strong gains on Monday amid optimism over a US-Iran peace deal, but gave up a part of their gains due to profit booking during the…
A Bloomberg report said that the US and Iran are edging closer to signing an agreement to reopen the Strait of Hormuz as the Group of Seven world leaders are set to meet next week. Stock Market Today: Indian benchmark indices rallied on Friday, June 12, 2026, as easing geopolitical tensions lifted investor sentiment.…