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Companies are scrambling to curtail soaring AI costs

New Delhi, June 16 -- "It's going to be an absolute nightmare," says an executive at a big American tech company. He is talking about an emerging problem for businesses that use artificial intelligenc... Read More


US-Iran ceasefire deal: What does the reopening of Strait of Hormuz mean for the Indian stock market?

New Delhi, June 16 -- The Indian stock market extended its rally for the third consecutive session on Tuesday after the US-Iran peace deal improved global risk sentiment and pushed crude oil prices lo... Read More


Bondada Engineering gains after securing Rs 1,338 crore NTPC Renewable solar and BESS project

Mumbai, June 16 -- The contract involves the engineering, procurement, and construction (EPC) of a 250 MW solar photovoltaic (PV) project along with a 50 MW/200 MWh battery energy storage system (BESS... Read More


General Insurance Corporation of India leads losers in 'A' group

Mumbai, June 16 -- Rain Industries Ltd, PTC Industries Ltd, National Aluminium Company Ltd and Lumax Auto Technologies Ltd are among the other losers in the BSE's 'A' group today, 16 June 2026.General... Read More


10-year benchmark G-Sec yield drops to 7% in May amid favorable regulatory shifts

New Delhi, June 16 -- The yield on the 10-year benchmark government security (6.48% GS 2035) ended May at 7.00 per cent, dropping by two basis points from its April closing position of 7.02 per cent, ... Read More


Indonesia values strong maritime defence: minister

Jakarta, June 16 -- Indonesian Minister of National Development Planning and head of the National Development Planning Agency (Bappenas) Rachmat Pambudy has said enhancing maritime defence strength is... Read More


Nifty could hit 27,000-28,000 in CY26, says Monarch Networth; bullish on banks, telecom stocks

New Delhi, June 16 -- Brokerage firm Monarch Networth Capital expects the Nifty 50 to hit 27,000-28,000 during CY2026, implying significant upside from current levels of around 23,600, supported by a ... Read More


Adani Group Expands Partnership With Kaleris To Drive AI-Led Digital Transformation Across Ports

New Delhi, June 16 -- Adani Group flagship company Adani Ports and Special Economic Zone Ltd. (APSEZ) has expanded its strategic partnership with Kaleris to strengthen digital capabilities across its ... Read More


Motisons Jewellers Ltd leads losers in 'B' group

Mumbai, June 16 -- Shri Krishna Devcon Ltd, Industrial Investment Trust Ltd, Commercial Syn Bags Ltd and AMD Industries Ltd are among the other losers in the BSE's 'B' group today, 16 June 2026.Motiso... Read More


Market trade with major gains; FMCG shares in demand

Mumbai, June 16 -- The headline equity benchmarks traded with significant gains in the mid-afternoon trade amid US and Iran reached a ceasefire agreement. Softer crude oil prices, easing geopolitical ... Read More