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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


Economic Buzz: Japan manufacturing sector enters expansion in June

Mumbai, July 1 -- The manufacturing sector in Japan moved up into expansion territory in June, the latest survey from Jibun Bank revealed on Tuesday with a manufacturing PMI score of 50.1. That's up ... Read More


Economic Buzz: ECB to respond forcefully to big swings in inflation

Mumbai, July 1 -- The European Central Bank said it will respond in a "forceful or persistent" manner to big swings in inflation, reflecting the lessons learned from the postpandemic price surge in it... Read More


Praj Industries MD & CEO Shishir Joshipura resigns

Mumbai, July 1 -- Praj Industries is a globally recognized biotechnology and engineering company offering sustainable solutions across bioenergy, water purification, process equipment, breweries, and ... Read More


Navi Mutual Fund to discontinue SIPs below Rs 100 all schemes for except ELSS funds

Mumbai, July 1 -- Navi Mutual Fund announces that all Investors / Unit holders that investors having existing Systematic Investment Plans (SIPs) with instalment amount less than Rs. 100 under all the ... Read More


Weighted average lending rate stood at 9.2% in May

Mumbai, July 1 -- RBI stated that the e weighted average lending rate (WALR) on fresh rupee loans of SCBs declined to 9.20 per cent in May 2025 from 9.26 per cent in April 2025. The WALR on outstandin... Read More


Escorts Kubota sells 11,498 tractors in June 2025; construction equipment sales drop over 27% YoY

Mumbai, July 1 -- Domestic tractor sales in June 2025 were at 10,997 units, down 0.1% YoY. The company said that timely arrival of southwest monsoon, improvement in sown area for the Kharif crops and... Read More