Shyam Metalics, Lemon Tree Rise Amidst Indian Equity Market Decline
Shyam Metalics and Lemon Tree Hotels see stock gains from strategic deals. Indian equities extend losses, pressured by IT sector concerns and liquidity.
India Tax Collection Soars 15% to ₹5.21 Lakh Crore
India’s net income tax collection surged 14.64% to over ₹5.21 lakh crore by June 17, driven by strong corporate and non-corporate tax receipts, indicating positive economic momentum.
Indian Markets Dip: Sensex, Nifty Fall Amid IT Sell-off & Liquidity Fears
Indian markets, including Sensex and Nifty, opened lower, extending losses due to IT sell-off and concerns over narrowing banking system liquidity. FIIs turned net sellers.
RBI Rs 1 Lakh Crore VRR Auction to Ease Banking Liquidity
RBI announces a Rs 1 lakh crore VRR auction on June 19 to manage banking system liquidity and stabilize overnight money market rates in India.
India’s BRICS Exports to Reach $200B by 2030: Assocham
Assocham forecasts India’s exports to BRICS nations to surge to $200 billion by 2030, doubling from $96 billion, enhancing India’s global import share.
Indian Markets Set for Negative Open: FII Outflows & IT Sector Woes
Indian markets anticipate a cautious opening amid significant FII outflows and IT sector concerns following Accenture’s guidance. Global cues mixed.
Hiliks Technologies Bags Rs 95.51 Crore Railway Subcontract in Telangana
Hiliks Technologies secured a Rs 95.51 crore subcontract from KMC Constructions for Signaling and Telecommunication works on the South Central Railway in Telangana.
Waaree Renewable Technologies Acquires 55% Stake in Associated Power
Waaree Renewable Technologies strengthens its renewable sector presence by acquiring a 55% equity stake in Associated Power Structures (APSPL), making it a new subsidiary.
Companies House Crackdown: UK Demands Identity Verification Enforcement
Companies House is cracking down on unverified identities, issuing nearly a million non-compliance letters. New powers under ECTA aim to prevent financial crime and ensure UK corporate integrity.
SBI Fundraise Approved, Sportking India Launches Solar Project
State Bank of India gets nod for ₹60,000 crore fundraise for FY27. Sportking India commissions solar project in Punjab, expecting cost savings.
Nykaa Eyes $5B GMV by FY30; RateGain, Creative Newtech Ink Deals
Nykaa aims for $5B+ GMV by FY30. RateGain and Creative Newtech secure key partnerships, signaling growth in India’s tech and travel sectors.
Protective Relay Market: $5.04B by 2033 Driven by Grid Modernization
Global protective relay market to reach $5.04B by 2033, fueled by smart grid, renewable energy, and grid modernization investments for enhanced stability.
Monarch Surveyors Secures Assam Order; Creative Newtech Partners Ravel
Monarch Surveyors wins Rs 1.74 crore Assam government order. Creative Newtech partners Ravel Electronics to boost system integration and market reach.
Rupee Strengthens, Bond Yields Ease on Peace Deal & Fed Outlook
Indian Rupee gains against USD, bond yields ease as Mideast peace deal lowers crude prices, despite hawkish US Fed outlook. FII inflows support.
NSE Files Rs 30,000 Crore IPO Papers with SEBI
National Stock Exchange (NSE) files preliminary IPO papers with SEBI for a record Rs 30,000 crore Offer For Sale, set to be one of India’s largest public issues.
India’s Economy: Airlines Profit Drop, Electronics Soar
India’s economy shows mixed signals: airlines face profit decline due to high fuel costs, while electronics production surges and tractor sales see modest growth.
easypaisa & Binance Partner for Pakistan’s FinTech Growth
easypaisa digital bank and Binance sign MoU to boost Pakistan’s financial technology sector, focusing on digital finance, savings, and investment solutions.
FinTech 2.0: RBIH CEO Calls for Empathetic Design Over EMIs
RBIH CEO Sahil Kini urges India’s FinTech 2.0 to embrace empathetic design, moving beyond EMIs to tailor credit for irregular incomes and boost financial inclusion.
Würth Group Raises CHF 300M Bond in Swiss Market
Würth Group successfully issued a CHF 300 million bond with a 1.10% coupon, rated A by S&P. This strategic move enhances long-term financing and liquidity in the Swiss market.
Microsoft Leverages OpenAI in China Amid Tech Rivalry
Microsoft expands AI business in China using OpenAI models, facing scrutiny over IP and geopolitical tensions. ByteDance is a major client, spending over $1B annually.
Anhui Villages Thrive: Bamboo Leaves Fuel Zongzi Economy
Anhui villages harness abundant bamboo leaves to boost their zongzi industry, driving significant local economic growth and job creation. Shiren Village alone achieves 900,000 yuan in annual sales.
South America Coatings Market: $12B by 2030 Amid Moderate Growth
South America’s coatings market poised for moderate growth, targeting over $12B by 2030. Economic stabilization and value-driven strategies shape the industry’s future.
US-Iran Peace Deal Sparks Market Rally, Man Industries Wins ₹1000 Cr Orders
Global markets rally on a US-Iran peace deal, easing oil prices and inflation. Man Industries secures ₹1,000 Cr in new orders, boosting Indian stocks.
RBI Injects ₹72,300 Cr to Ease Banking Liquidity Crunch
The Reserve Bank of India injects ₹72,300 crore via VRR auctions to address a liquidity crunch caused by advance tax payments, stabilizing the banking system.
HFCL Wins ₹2,666 Cr BharatNet Deal; Lupin Launches US Hypertension Drug
HFCL secures a ₹2,666 Cr BharatNet contract for telecom infrastructure, while Lupin launches its hypertension drug in the US market.
India-UK Trade Pact: $100B Goal by 2030, Live July 2026
India and UK’s Free Trade Agreement launches July 15, 2026, targeting $100B commerce by 2030. Includes social security relief for businesses.
HUDCO ₹1 Lakh Cr for Gujarat Infra; Lemon Tree Expands
HUDCO commits ₹1 lakh crore to Gujarat’s infrastructure development over two years. Lemon Tree Hotels also expands in Rajasthan with a new Sri Ganganagar property.
India’s Top 10 Auto Component Manufacturers Driving Growth
Discover India’s top 10 auto component manufacturers, driving industry growth with ₹6.73 lakh crore turnover, localization, exports, and EV innovation.
Indian Markets Cautious: Hawkish Fed, Global Cues Impact
Indian markets brace for a cautious start, influenced by the US Federal Reserve’s hawkish pause and global economic signals. FIIs show renewed buying interest.
MAS Warns AI Costs May Hit Investment Returns
MAS Chief Chia Der Jiun warns rising AI energy and chip costs could impact investment returns, despite AI’s economic boost in 2024-2025. Learn about the risks.