Exclusive

Publication

Byline

Location

We could be entering uncharted territory in the global financial system as USDs primacy and safe-haven status are being challenged, alerts RBI

Mumbai, July 1 -- RBI in its financial stability report stated that the US dollar faced sharp depreciation pressure against most major currencies in the recent market turmoil. Typically, the USD tends... Read More


Commodities Buzz: LME Copper inventories slide 40% in Jun-25

Mumbai, July 1 -- LME Copper inventories continued to dip in last session, holding around two year low. Inventories fell 650 tonnes to 90625 tonnes. LME copper stockpiles have dropped around 40% in Ju... Read More


Nifty trades above 25,500 level; media shares decline

Mumbai, July 1 -- The key equity benchmarks continued to trade near the flat line in mid-morning trade, witnessing volatile session, despite optimism over a potential US-India trade deal and favorable... Read More


Union Mutual Fund announces change in fund manager under its schemes

Mumbai, July 1 -- Union Mutual Fund has announced change in fund manager under the following schemes, With effect from 01 July 2025 Table, th, td {border: 1px Solid black; Border-collapse: collapse;... Read More


RBI indicators continue to underscore the stability of the USD/INR exchange rate: Financial stability report

Mumbai, July 1 -- The Indian foreign exchange market witnessed bouts of volatility even as the USD/INR exchange rate recorded sharp two-way movements during January-May 2025, according to RBI financia... Read More


Raymond Realty makes market debut after demerger

Mumbai, July 1 -- The stock debuted at Rs 1,000 on the NSE, compared to a discovered price of Rs 1,039.30. On the BSE, it opened at Rs 1,005, against a discovered price of Rs 1,031.30. At last check, ... Read More


India manufacturing growth continues as new export orders growth surge

Mumbai, July 1 -- The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) rose to a 14-month high of 58.4 in June, up from 57.6 in May. The headline figure was above its long... Read More


Economic Buzz: India manufacturing PMI reaches 14-month high at 58.4 in June

Mumbai, July 1 -- The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) rose to a 14-month high of 58.4 in June, up from 57.6 in May. The headline figure was above its long... Read More


Indogulf Cropsciences IPO ends with 25.98x subscription

Mumbai, July 1 -- The initial public offer of Indogulf Cropsciences received bids for 34,72,66,305 shares as against 1,33,65,710 shares on offer. The issue was subscribed 25.98 times. The Non-Institu... Read More


NMDC slides after iron ore price cut; new rates effective 1 July

Mumbai, July 1 -- The company has cut its prices of Baila lump ore by Rs 600 per tonne to Rs 5,700 per tonne. It has cut the price of Baila fines by Rs 500 per tonne to Rs 4,850 per tonne. NMDC had c... Read More