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Ram Ratna Wires fixes record date for scheme of amalgamation

Mumbai, June 7 -- Ram Ratna Wires has fixed 18 June 2025 as record date for the purpose of determining the shareholders of Global Copper (transferor company) who shall be entitled to receive fully pa... Read More


Strong macroeconomic fundamentals and benign inflation outlook provide space to monetary policy to support growth says RBI Governor

Mumbai, June 6 -- Reserve Bank of India (RBI) Governor Sanjay Malhotra has noted today that Indian economy is progressing well and broadly on expected lines on both inflation and growth fronts. Strong... Read More


Bharti Hexacom drops after broker downgrade

Mumbai, June 6 -- The downgrade was attributed to a steep 40% valuation premium over Bharti Airtel and an unfavourable risk-reward profile. The brokerage projects Bharti Hexacom's net debt (excluding... Read More


Max Estates gains after board approves related party transaction with ASLL

Mumbai, June 6 -- ASLL is a listed entity and part of the same promoter group. The transaction, which falls under related party guidelines, is in line with the strategic interests of the company and i... Read More


Hawkins Cookers' fourth factory in Uttar Pradesh commences commercial production

Mumbai, June 6 -- The announcement was made after market hours yesterday. Hawkins Cookers is one of the leading manufacturers of pressure cookers in India, with the domestic market driving around 94%... Read More


RBI projects CPI inflation for current financial year at 3.7%

Mumbai, June 6 -- Reserve Bank of India (RBI) has stated today that outlook for inflation points towards benign prices across major constituents. The record wheat production and higher production of k... Read More


Prime Minister outlines key projects worth Rs 46,000 crores for enhanced connectivity in Jammu & Kashmir

Mumbai, June 6 -- Prime Minister, Narendra Modi has outlined vision and key projects worth Rs 46,000 crores for enhanced connectivity in Jammu & Kashmir, marking a historic milestone in the region's c... Read More


Economic Buzz: German exports down 2.1% in April

Mumbai, June 6 -- In April 2025, German exports were down 1.7% and imports were up 3.9% on a calendar and seasonally adjusted basis compared with March 2025. Based on provisional data, the Federal Sta... Read More


Benchmarks trade higher; private bank shares rally

Mumbai, June 6 -- The key equity domestic indices traded with substantial gains in mid-morning trade after the RBI cut the repo rate by 50 bps to 5.50%, amid favourable domestic environment, looking a... Read More


Economic Buzz: German industrial production down 1.8% on year in April

Mumbai, June 6 -- German industrial production in real terms (price adjusted) was down 1.4% in April 2025 month on month after seasonal and calendar adjustment, according to provisional data provided ... Read More