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Economic Buzz: South Africa forex reserves fall to $76.58B

Mumbai, June 5 -- South Africa's gross foreign exchange reserves declined to $76.58 billion in May 2026 from $77.09 billion in April, remaining at their lowest level since December 2025. The drop was ... Read More


Kesar India allots 71,428 equity shares on conversion of warrants

Mumbai, June 5 -- Kesar India has allotted 71,428 equity shares on conversion of warrants on 04 June 2026. Consequent to the said allotment, the paid-up equity share capital of the company stands incr... Read More


RBI reiterates that it remains vigilant on exchange rate and is fully prepared to do whatever it takes to preserve orderly market condition

Mumbai, June 5 -- The Reserve Bank of India governor reiterated that India's exchange rate policy remains unchanged. RBI does not target any specific level or band; instead, we allow the exchange rate... Read More


BHEL gains on bagging Rs 21,000-crore EPC order for Meja supercritical power project

Mumbai, June 5 -- MUNPL is a joint venture between NTPC and Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVUNL). The scope of work includes design, engineering, manufacturing, supply, construction, ... Read More


Economic Buzz: UK car sales jump 7.1% on year in May

Mumbai, June 5 -- The UK car market saw its strongest May performance since 2019 bolstered by wider choice and sustained competition, the Society of Motor Manufacturers and Traders, or SMMT, said Thur... Read More


Core inflation remained unchanged at 3.7% during January to April, reflects tepid input cost pressures

Mumbai, June 5 -- Reserve Bank of India (RBI) has stated that headline CPI inflation inched up to 3.4 per cent in March and 3.5 per cent in April 2026 primarily due to higher food inflation. Fuel infl... Read More


RBI cuts Indias GDP growth projection for FY27 downward to 6.6%

Mumbai, June 5 -- The Reserve Bank of India (RBI) has revised India's real gross domestic product growth projection for FY27 downward to 6.6% from 6.9% earlier, due to risks stemming from the West Asi... Read More


Economic Buzz: Risks to both inflation and growth have increased globally, says RBI

Mumbai, June 5 -- Reserve Bank of India or RBI has stated in its latest monetary policy statement that as the West Asia conflict prolongs without any meaningful resolution in sight, risks to both infl... Read More


Avi Polymers surges as board OKs 1:10 bonus issue proposal

Mumbai, June 5 -- Accordingly, the company will issue 1 equity share for every 10 equity shares held by the eligible shareholders as on the record date, subject to such regulatory/statutory approvals ... Read More


Yes Bank allots 2.16 lakh equity shares under ESOP

Mumbai, June 5 -- Yes Bank has allotted 2,16,912 equity shares under ESOP on 05 June 2026. Consequent to the allotment, the paid-up share capital of the Bank increased from Rs. 62,771,774,494 /- consi... Read More