The rupee closed 0.1% higher at 93.0612 per dollar after rising as much as 0.4% on Monday. The Indian rupee edged up, extending its biggest rally in 12 years after the central bank doubled down on curbing speculation against the local currency. The rupee closed 0.1% higher at 93.0612 per dollar after rising…
Underscoring the growing importance of small and medium enterprises (SME) platforms as “powerful engines” for capital formation, the Securities and Exchange Board of India (Sebi) Chairman Tuhin Kanta Pandey on Wednesday flagged “egregious instances” of SMEs misusing regulatory relaxations, including diversion of funds and market manipulation. “These instances adversely affected investor confidence,” Pandey said,…
Nifty has seen a bearish breakdown from the rising trendline connecting the higher bottoms of November 2025 and December 2025, along with a close below the 50-EMA. Nifty outlook: The coming session will be crucial, as sustained trading below the 25,900 level could open the door for further downside. Nifty on Thursday fell for…
The DGCA said that IndiGo had attributed the mass cancellations to the ‘compounding effect of multiple factors,’ which operated in an ‘unfortunate and unforeseeable confluence’. Hours after IndiGo CEO Pieter Elbers and COO Isidre Porqueras responded to a show-cause notice by the Directorate General of Civil Aviation (DGCA), the aviation watchdog released a statement providing…
According to the proposals, GST on four-wheeled EVs priced between Rs 20 lakh and Rs 40 lakh will be raised from 5% to 18%, while EVs costing more than Rs 40 lakh will face a jump from 5% to 28%. Only electric buses will continue to enjoy the existing 5% concessional rate. The GoM argued…
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…
Trump’s tariff shock: IT shares were the top Sensex and sectoral losers over fears of recession as experts see additional tariffs detrimental to the economic growth in the US. This would impact demand for services of Indian IT companies in that country. The Indian stock market recovered partially from the initial jitters of the…