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Economic Buzz: US inflation rises to 4.2% in May

Mumbai, June 11 -- The annual inflation rate in the United States reached 4.2% in May, rising from 3.8% recorded in April, the US Bureau of Labor Statistics (BLS) revealed in its report on Wednesday. ... Read More


Energy Preview: Crude oil inventories in the United States slide by 7.2 million barrels, EIA data shows

Mumbai, June 11 -- Crude oil inventories in the United States decreased by 7.2 million barrels during the week ending June 5, according to new data from the U.S. Energy Information Administration (EIA... Read More


KFin Tech board OKs $2 mln investment in Singapore arm

Mumbai, June 11 -- KFin Singapore through the Ascent Fund Services and its subsidiaries, is engaged inter-alia in the business of providing fund administration, corporate solutions and financial techn... Read More


Prabhav Industries reports standalone net loss of Rs 0.01 crore in the March 2026 quarter

Mumbai, June 11 -- Net Loss of Prabhav Industries reported to Rs 0.01 crore in the quarter ended March 2026 as against net loss of Rs 0.47 crore during the previous quarter ended March 2025. There wer... Read More


INR falls, stays under sustained stress

Mumbai, June 11 -- The Indian rupee stayed under pressure today. Indian rupee lost 52 paise at 95.77 per US dollar. US dollar index is holding steady today after a drop in the last session as markets ... Read More


Bank credit growth spikes around 17.40% on year

Mumbai, June 11 -- The bank credit growth in India continues to remain firm. As per the latest data released by the Reserve Bank of India, total bank credit from All Scheduled Banks stood at Rs 220.26... Read More


BHEL bags over Rs 90-cr LNTP from DVC for 800 MW Durgapur project

Mumbai, June 11 -- The company has emerged as the successful bidder for the main plant package comprising the boiler, turbine and generator (BTG). The LNTP enables BHEL to initiate advance engineering... Read More


Nifty slips below 23,200 as US-Iran tensions, FII selling weigh on sentiment

Mumbai, June 11 -- The benchmark indices erased early gains and ended lower on Thursday as investors turned cautious amid escalating US-Iran tensions, persistent foreign institutional investor (FII) s... Read More


Advanced Enzyme Technologies announces cessation of director

Mumbai, June 11 -- Advanced Enzyme Technologies announced the cessation of Rajshree Patel (DIN - 08761022) on completion of her second term as Independent Director of the company on 11 June 2026. Pub... Read More


Orient Electric fixes record date for final dividend

Mumbai, June 11 -- Orient Electric has fixed 10 July 2026 as record date for the purpose of final dividend, if any. Published by HT Digital Content Services with permission from Capital Market.... Read More