Economic Buzz: ECB cuts interest rates, says inflation set to average 2%

Mumbai, June 5 -- The European Central Bank cut its interest rates today, bringing its key deposit rate down by 25 basis points to 2.0%. The ECB said its decision to lower borrowing costs for the eigh... Read More

Commodities Buzz: Global Gold ETFs total AUM falls 1% in May

Mumbai, June 5 -- World Gold Council or WGC stated in a latest update that global gold ETF flows flipped negative in May (-US$1.8 billion). North America (-US$1.5 billion) and Asia (-US$489mn) led out... Read More

Local bond markets see tight moves ahead of RBI

Mumbai, June 5 -- Local bond markets saw tight moves as the attentions shifted on upcoming Reserve Bank of India (RBI) monetary policy decision. Yield on the 6.33% 10-year bond held around 6.19%. The ... Read More

Board of Bandaram Pharma Packtech recommends Final Dividend

Mumbai, June 5 -- Bandaram Pharma Packtech announced that the Board of Directors of the Company at its meeting held on 30 May 2025, has recommended a Final Dividend of Rs.0.10 per share (i.e.1%), subj... Read More

Board of Bombay Cycle & Motor Agency recommends Final Dividend

Mumbai, June 5 -- Bombay Cycle & Motor Agency announced that the Board of Directors of the Company at its meeting held on 30 May 2025, has recommended a Final Dividend of Rs.5 per share (i.e.50%), sub... Read More

Rupee scales up

Mumbai, June 5 -- Rupee closed higher at 85.8900 per Dollar on Thursday (05 June 2025), versus its previous close of 85.9800 per Dollar. Published by HT Digital Content Services with permission from ... Read More

Copper at two-month high, MCX futures hit above Rs 885 per kg

Mumbai, June 5 -- COMEX Copper futures hit $5 per pound today, recording its highest level in two-months as sustained fall in LME Copper inventories and weak US dollar pushed up the metal. Equities we... Read More

India-Kyrgyzstan Bilateral Investment Treaty comes into force

Mumbai, June 5 -- Union Minister for Finance and Corporate Affairs Nirmala Sitharaman and Minister of Foreign Affairs of the Kyrgyz Republic, Zheenbek Kulubaev Moldokanovich signed the Protocol and ex... Read More

Japan yields soften after key 30-year bond auction

Mumbai, June 5 -- Japanese bond markets were choppy with the benchmark ten-year bond yield easing to a one week low of 1.46%. A sharp drop in the US yields overnight also weighed. The overall focus wa... Read More

USDINR futures settle lower at 85.59; JPYINR surges by 0.70%

Mumbai, June 5 -- On the NSE, USDINR June futures settled lower by 0.10% at 85.89. EURINR gained 0.13% at 98.15 whereas GBPINR added 0.28% to settle at 116.59. JPYINR meanwhile surged by 0.70% to end ... Read More

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