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Economic Buzz: Australia business activity growth remains modest

Mumbai, June 23 -- The headline seasonally adjusted S&P Global Flash Australia PMI Composite Output Index posted 51.2 in June, up from 50.5 in May. Although growth remained modest, the latest reading ... Read More


Front-loaded 50-bps cut likely to help achieve twin objectives of supporting demand and growth by reducing the cost of funds for borrowers: RBI minute

Mumbai, June 23 -- A front-loaded 50-bps cut in the policy rate is likely to help achieve the twin objectives of supporting demand and growth by reducing the cost of funds for borrowers, MPC meeting m... Read More


Front-loaded 50-bps cut likely to help achieve twin objectives of supporting demand and growth: RBI minutes

Mumbai, June 23 -- A front-loaded 50-bps cut in the policy rate is likely to help achieve the twin objectives of supporting demand and growth by reducing the cost of funds for borrowers, MPC meeting m... Read More


Indices trade with major losses; IT shares tumble; broader mkt outperforms

Mumbai, June 23 -- The key equity indices continued to trade with significant losses in the morning trade as U.S. airstrikes on Iranian nuclear sites over the weekend heightened Middle East tensions a... Read More


NLC India gains after renewables arm secures BESS project in Tamil Nadu

Mumbai, June 23 -- The award includes the development of three BESS projects with a total capacity of 250 MW and 500 MWh. These projects will be installed at the 400/230/110 kV substations in Ottapida... Read More


Meghna Infracon inks pact for re-developing residential project at Prabhadevi

Mumbai, June 23 -- The development being undertaken will lead to estimated revenue of Rs 80 crore. "This new development marks the group's entry into Dadar/Prabhadevi after successfully developing ma... Read More


Godrej Properties sells over Rs 2,000 cr inventory in Barca @ Godrej MSR city launch

Mumbai, June 23 -- According to an exchange filing, the project was launched in April 2025 and has become the most successful launch ever in the North Bengaluru micro-market, both in terms of sales va... Read More


All-India house price index rises 3.1% in Q4 FY25: RBI

Mumbai, June 23 -- All-India House Price Index (HPI) increased by 3.1 per cent annually in the January-March quarter of 2024-25 compared to 3.1 per cent growth in the previous quarter and 4.1 per cent... Read More


Dollar index lifted by safe haven demand as US strike on Iran infuses tension

Mumbai, June 23 -- The dollar index is gaining ground on Monday morning in Asia amid safe haven demand following US airstrikes on three Iranian nuclear facilities over the weekend. The US reportedly a... Read More


Markets Eye Modest Gains Amid Mideast Tensions, Mixed Global Data

Mumbai, June 23 -- The Nasdaq inched up 25.18 points (0.1%) to 19,546.27, the S&P 500 edged down 1.85 points or less than a tenth of a perecnt to 5,980.87 and the Dow slipped 44.14 points (0.1%) to 42... Read More