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Economic Buzz: RBA keeps rate at 3.85% amid cautious inflation outlook

Mumbai, July 8 -- **Commentary:** The Reserve Bank of Australia held its cash rate steady at 3.85% during its July meeting, defying market expectations of a 25 basis point cut. The decision, passed b... Read More


Meghna Infracon rises after inking pact for redeveloping residential project in Santacruz

Mumbai, July 8 -- Re-development of a residential project about twenty eight thousand square feet construction area, will lead estimated revenue of Rs 37 crore. The project is expected to be launched... Read More


Tata Motors arm JLR reports 11% YoY decline in wholesale volumes in Q1 FY26

Mumbai, July 8 -- Compared to the prior year, wholesale volumes for the first quarter increased in MENA (20.5%), Overseas (4.6%) and China (1.0%), while declines were recorded in North America (down 1... Read More


Dollar index hovers around 97 mark; FOMC minutes in sight

Mumbai, July 8 -- The dollar index is losing some momentum around a one-week high on Tuesday morning in Asia following sharp upside witnessed in the last session. The greenback was supported by last w... Read More


Nifty tad below 25,450; consumer durables shares decline

Mumbai, July 8 -- The key equity benchmarks traded with minor cuts in the morning trade. The Nifty traded tad below the 25,450 mark. Consumer durables shares declined after advancing in the past two t... Read More


Royal Orchid Hotels gains on expansion in Maharashtra with new property in Solapur

Mumbai, July 8 -- This marks the fourth hotel the company has opened in the state this year, underscoring its commitment to expanding its footprint across key regional markets. Strategically located ... Read More


M&M production climbs 20% YoY in June25

Mumbai, July 8 -- The auto major's total sales stood at 76,335 units in June 2025, registering a growth of 14.27% on a YoY basis. The exports surged 1.42% YoY to 2,634 units in June 2025. M&M Group ... Read More


Nectar Life slumps on selling core pharma business to Ceph Lifesciences for Rs 1,270 Cr

Mumbai, July 8 -- The deal, executed on a slump sale basis, includes the manufacture, distribution, and marketing of APIs (active pharmaceutical ingredients) and formulations. As part of the broader ... Read More


GoI announces the sale of two dated securities for a notified amount of Rs.25,000 crore

Mumbai, July 8 -- The Government of India (GoI) has announced the sale (re-issue) of (i) "New GS 2032" for a notified amount of Rs.11,000 crore and (ii) "7.09% GS 2074" for a notified amount of Rs.14,... Read More


Wall Street Drops on Tariff Worries and Profit-Taking; Dow Sheds Over 400 Points

Mumbai, July 8 -- The Dow tumbled 422.17 points (0.9%) to 44,406.36, the Nasdaq slumped 188.59 points (0.9%) to 20,412.52 and the S&P 500 slid 49.37 points (0.8%) to 6,229.98. Wall Street's early wea... Read More