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INR likely to extend slide tracking firm dollar overseas

Mumbai, June 19 -- The Indian rupee is likely to give up recent streak of strength and extend further decline against dollar, near a two-month low. Strength in the greenback overseas after Federal Res... Read More


States raise Rs 8,500 crore via bond auction; yields remain stable

Mumbai, June 19 -- Four Indian states raised a total of Rs 8,500 crore through the auction of state government securities (SGSs) held on Tuesday, with cut-off yields showing marginal variation across ... Read More


Precious Metals Preview: COMEX gold slips to one-week low amid firm dollar

Mumbai, June 19 -- COMEX gold slipped to a one-week low on Thursday morning in Asia as dollar firmed after Federal Reserve's decision to keep the policy rate unchanged at the 4.25%-4.50% range at its ... Read More


Base Metals Preview: Copper maintains hold above $4.8 per pound mark

Mumbai, June 19 -- COMEX Copper futures continue to stay choppy although the counter continues to hold above $4.8 per pound mark despite worries over geopolitical front. Dollar maintaining strength on... Read More


Morpen Labs incorporates subsidiary in Dubai

Mumbai, June 19 -- The newly formed wholly owned subsidiary namely Morepen Labs - FZCO, will trade in pharmaceuticals/ medicines (outside UAE). The company has subscribed 5000 ordinary shares of AED ... Read More


Energy Preview: US EIA crude inventories post large draw of 11.5 million barrels

Mumbai, June 19 -- Crude oil inventories in the United States fell by 11.5 million barrels during the week ending June 13, according to new data from the U.S. Energy Information Administration (EIA) r... Read More


Economic Buzz: US Fed leaves interest rates unchanged

Mumbai, June 19 -- Despite pressure from U.S. President Donald Trump, the Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged. The Fed said it decide... Read More


Market set for weak start on global jitters

Mumbai, June 19 -- GIFT Nifty: GIFT Nifty June 2025 futures were trading 33.50 points lower in early trade, suggesting a negative opening for the Nifty 50. Institutional Flows: Foreign portfolio in... Read More


Stock Alert: Vodafone Idea, Avas Financers, Zydus Life, Medplus Health, Jio Financial Services

Mumbai, June 19 -- Securities in F&O ban: Aditya Birla Fashion & Retail (ABFRL), Birla Soft, Central Depository Services (CDSL), Chambal Fertilisers & Chemicals, HUDCO, Indian Renewable Energy Develo... Read More


RBI eases project finance norms, rationalise standard asset provisioning requirement to 1% for projects under construction

Mumbai, June 19 -- The Reserve Bank had issued draft guidelines on 'Prudential Framework for Income Recognition, Asset Classification and Provisioning pertaining to Advances - Projects Under Implement... Read More