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Vegetable Oil import slides 22% on year in May

Mumbai, June 12 -- The Solvent Extractors' Association of India has compiled the import data for vegetable oils (edible & non-edible) for May 2025. SEA noted that imports during the month totalled 1,1... Read More


Nifty fails to hold 24,050 mark; realty shares tumble

Mumbai, June 12 -- The key domestic indices continued to trade with moderate losses in the early afternoon trade, as global sentiment remained subdued. Investors continue to process the limited clarit... Read More


Aegis Logistics arm commissions Cryogenic LPG terminal at Mangalore

Mumbai, June 12 -- The terminal, which has a static storage capacity of 82,000 metric tonnes, commenced operations on 12 June 2025, for the storage and terminalling of liquified petroleum gases. The ... Read More


Paytm drops as government dismisses MDR speculation on UPI

Mumbai, June 12 -- The drop came after the Finance Ministry dismissed reports suggesting the government was considering the introduction of a merchant discount rate (MDR) on UPI transactions. Current... Read More


OBSC Perfection secures Rs 29.3 crore export order from US auto parts firm

Mumbai, June 12 -- As per the agreement, OBSC will supply components worth $0.7 million (approximately Rs 5.9 crore) annually over a five-year period, with deliveries expected to commence from May 202... Read More


Economic Buzz: UK industrial production down 0.6% in April

Mumbai, June 12 -- UK's monthly production output was estimated to have decreased 0.6% in April 2025, according to the Office for National Statistics. This follows a fall in March 2025 (down 0.7%) and... Read More


MCX Morning Wrap: Base metals gain accross the board

Mumbai, June 12 -- Base metals gained on the MCX in morning trades today. MCX benchmark April Copper futures are up 0.37% to trade at Rs 874.60 per kg. Overall movement in choppy in the counter though... Read More


Economic Buzz: UK exports decline 8.8% in April

Mumbai, June 12 -- According to the Office for National Statistics, UK's value of goods exports decreased by £2.7 billion (8.8%) in April 2025, with falls in exports to both the EU and non-EU cou... Read More


Economic Buzz: UK's GDP contracts 0.3% in April

Mumbai, June 12 -- According to the Office for National Statistics, UK's monthly real gross domestic product (GDP) is estimated to have fallen by 0.3% in April 2025, following growth of 0.2% in March ... Read More


US treasury yield softens to one-week low following tepid CPI reading

Mumbai, June 12 -- The 10-year US Treasury yield eased on Wednesday after consumer price inflation data offered a soft assessment of price conditions. Equities were steady as the US and Chinese offici... Read More