India’s Forex Reserves Rise by $4.8 Billion to $702.78 Billion
India’s foreign exchange reserves rose by $4.8 billion to reach $702.78 billion for the week ending June 27, according to data released by the Reserve Bank of India (RBI) on…
Trump’s Tax and Spending Bill Passes House, Paving Way for Major Overhaul
President Donald Trump secured a key legislative victory on Thursday as the House of Representatives narrowly passed his sweeping tax-cut and spending bill, which now awaits his signature. The Republican-led…
Air India Denies Allegations of Coercion Over Crash Compensation Forms
Air India on Friday dismissed allegations that it pressured families of victims of the AI-171 crash to disclose their financial dependency on the deceased in order to reduce compensation payouts.…
Supreme Court Declines to Quash FIR Against HDFC Bank CEO, Awaits Bombay HC Hearing
The Supreme Court on Friday declined to entertain a plea by HDFC Bank CEO Sashidhar Jagdishan seeking to quash an FIR filed against him in connection with alleged financial irregularities…
India to Launch $234 Million Incentive Scheme to Boost Domestic Drone Industry
India is set to roll out a ₹20 billion ($234 million) incentive programme aimed at strengthening its civil and military drone manufacturing capabilities, three sources told Reuters. The move comes…
ADAG Stocks Rise as SBI’s Fraud Tag on RCom Loan Seen as Having No Impact
Shares of Anil Dhirubhai Ambani Group (ADAG) firms Reliance Infrastructure and Reliance Power rallied up to 5% on Friday after the companies clarified that the State Bank of India’s (SBI)…
Defence Stocks Surge After ₹1.05 Lakh Crore Procurement Push by Government
Defence stocks rallied sharply on Friday as the Indian government approved capital acquisition proposals worth nearly ₹1.05 lakh crore, boosting sentiment across the sector. The Nifty Defence India index climbed…
Sebi Bars Jane Street Entities, Impounds ₹4,000 Crore Over ‘Manipulative’ Trades in Bank Nifty & Nifty Options
The Securities and Exchange Board of India (Sebi) has barred four entities linked to the Jane Street Group from the Indian securities market and seized over ₹4,000 crore in alleged…
SpiceJet Rises 3% as Overhauled Engines Arrive, Boeing 737 NG Rejoins Fleet
SpiceJet’s stock climbed nearly 3% on July 3 after the low-cost carrier announced the arrival of two overhauled engines from global MRO provider StandardAero, marking a critical step in its…
Indogulf Cropsciences Lists Flat at Rs.111 Despite Strong IPO Subscription
Indogulf Cropsciences made a muted debut on the stock exchanges on July 4, listing flat at ₹111 per share on both the NSE and BSE—exactly matching its issue price. This…
