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Currency Buzz: INR tanks beyond 86 mark against US dollar, equities stay slippery

Mumbai, June 13 -- The Indian rupee slumped in opening trades on Friday tracking pessimistic global sentiments amid ongoing tensions in the Middle East. Weak equities and surging oil prices weighed he... Read More


Commodities Buzz: LME Copper inventories plummet to 13-month low

Mumbai, June 13 -- LME Copper inventories fell sharply yet again in last session, testing around 13-month low. Inventories tanked 2600 tonnes to 116850 tonnes on Thursday. Published by HT Digital Con... Read More


TANFAC Inds gains on commissioning of 5,000 TPA solar grade DHF plant

Mumbai, June 13 -- The commissioning comes after trial production was approved by one of India's major solar energy producers, confirming that TANFAC's product meets stringent quality standards. This... Read More


Benchmarks turn rangebound; PSU Bank shares under pressure

Mumbai, June 13 -- The key domestic indices traded in narrow range with major losses in mid-morning trade, weighed down by negative global sentiment after Israel declared a state of emergency followin... Read More


Dollar index lifted on safe haven demand; struggle near 3-year low stays

Mumbai, June 13 -- The dollar index rebounded amid safe haven demand on Friday although it continues to struggle around a three -year low. Investors were led to dollar for respite amid heightened geo-... Read More


CSB Bank gets RBI nod to reappoint Pralay Mondal as MD & CEO till 2028

Mumbai, June 13 -- The bank will now seek shareholder approval for the reappointment within the timeframe mandated under the Companies Act, 2013, and SEBI Listing Regulations. Pralay Mondal joined CS... Read More


Shipping stocks sail higher as Baltic Dry Index hits 8-month high

Mumbai, June 13 -- The Baltic Dry Index (BDI), a global benchmark that tracks the cost of transporting dry bulk commodities like coal, iron ore, and grains, jumped 9.6% to 1,904, marking its highest l... Read More


PSU OMCs slide as crude oil boils

Mumbai, June 13 -- In commodities, Brent crude (August 2025 contract) soared $5.59, or 8.06%, to $74.95 per barrel amid heightened geopolitical tensions. Meanwhile, the Nifty 50 index was down 203.45... Read More


Canara Bank to raise Rs 9,500 cr through Tier I and Tier II bonds

Mumbai, June 13 -- The fundraising will comprise Rs 6,000 crore via Tier II bonds and Rs 3,500 crore through Additional Tier I (AT1) bonds. The issuances will be subject to market conditions and requi... Read More


Yes Bank's MD & CEO Prashant Kumar gets six-month tenure extension from RBI

Mumbai, June 13 -- The RBI has extended the tenure of Prashant Kumar for a period of six months with effect from 06 October 2025 or till the appointment of new managing director and CEO/successor taki... Read More