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Prostarm Info Systems gains on securing 30 MW BESS project from BSPGCL

Mumbai, June 17 -- The project, to be executed under the tariff based competitive bidding (TBCB) route, will be implemented at various GSS locations of BSPTCL in Bihar under the build-own-operate-tran... Read More


Softening WPI inflation, a positive signal for higher economic growth in India

Mumbai, June 17 -- Continued softening of Wholesale Price Index (WPI) inflation since December 2024 is a positive signal for higher economic growth in India. WPI inflation has reduced to 0.39% in May ... Read More


Godrej Properties gains after acquiring new project in Punes Upper Kharadi

Mumbai, June 17 -- The proposed development will primarily feature premium group housing along with high-street retail, spanning a developable area of approximately 2.5 million square feet. The projec... Read More


Biocon launches QIP with floor price of Rs 340.20/share

Mumbai, June 17 -- The company's board authorized and declared the opening of the issue on Monday, 16 June 2025. The floor price of Rs 340.20 is at a discount of 4.79% to the scrip's previous closing... Read More


IIFL Finance appoints former RBI deputy governor B.P. Kanungo as independent director

Mumbai, June 17 -- Kanungo brings with him nearly four decades of distinguished service at the RBI, marked by his deep expertise across key areas of central banking-spanning currency management, forei... Read More


GoI announces the sale of two dated securities for a notified amount of Rs.27,000 crore

Mumbai, June 17 -- The Government of India (GoI) has announced the sale (re-issue) of (i) "6.75% GS 2029" for a notified amount of Rs.15,000 crore and (ii) "7.09% GS 2054" for a notified amount of Rs.... Read More


Economic Buzz: BoJ sticks to 0.5% rate, unveils cautious bond taper

Mumbai, June 17 -- In its June meeting, the Bank of Japan decided unanimously to leave its key short-term interest rate unchanged at 0.5 percent, holding at its highest level since 2008. The move high... Read More


Indices drift lower in early trade; breadth positive

Mumbai, June 17 -- The key equity benchmarks traded with minor losses in early trade, driven by rising geopolitical tensions between Israel and Iran. Geopolitical developments are expected to continue... Read More


Currency Buzz: Yen drifts lower as BoJ stays patient and slows bond purchases

Mumbai, June 17 -- The Japanese yen slipped toward 145 per dollar on Tuesday, marking its third straight drop after the Bank of Japan kept its key rate unchanged at 0.5 percent, the highest level sinc... Read More


Yen drifts lower as BoJ stays patient and slows bond purchases

Mumbai, June 17 -- The Japanese yen slipped toward 145 per dollar on Tuesday, marking its third straight drop after the Bank of Japan kept its key rate unchanged at 0.5 percent, the highest level sinc... Read More