Sensex Drops 500 Points, Nifty Falls Below 25,400 on US Trade Deal Jitters
Mumbai, July 2, 2025 – Indian equity benchmarks erased early gains and slipped sharply into negative territory on Wednesday, as investor anxiety grew over the unresolved bilateral trade pact between…
Early Gains Erased as Market Sentiment Dips on Mixed Global Cues
July 2, 2025 | Mumbai – Domestic equity markets opened the midweek session on a flat note, only to retreat swiftly as investor optimism gave way to caution. The BSE…
RBI Likely to Retain 4% Inflation Target Amid Policy Framework Review
The Reserve Bank of India (RBI) is expected to recommend that the government retain the current 4% inflation target with a 2%-6% tolerance band, as part of an upcoming review…
Government Updates Ride-Hailing Guidelines: Higher Surge Pricing, Stricter Driver Rules, and Mandatory Insurance
In a major development for India’s ride-hailing ecosystem, the Ministry of Road Transport and Highways has released revised guidelines for platforms like Uber, Ola, Rapido, and inDrive, allowing them greater…
Senate Narrowly Passes Republican Tax Bill Amid Deep Party Divisions and Uncertain House Fate
In a dramatic and deeply divided vote, the U.S. Senate narrowly passed the Republican-led tax and spending bill on Tuesday, marking a significant yet controversial win for former President Donald…
Bhim App Sees Resurgence, Nears 70 Million Monthly UPI Transactions After Revamp and Marketing Push
Bharat Interface for Money (Bhim), the government-backed UPI payments app, has witnessed a dramatic rebound in usage, with monthly UPI transactions nearly doubling over the past six months. According to…
HDB Financial Services IPO: Market Debut on July 2 Expected to Deliver Up to 10% Listing Gains
HDB Financial Services, the non-banking finance subsidiary of HDFC Bank, is set to make its stock market debut on July 2 with strong anticipation of listing gains. Backed by robust…
Nifty Steady Above 25,500; Midcap, Smallcap Rally Stalls Awaiting Breakout Trigger
In a subdued trading session on July 1, benchmark Indian indices ended with marginal gains, while broader market momentum showed signs of exhaustion after a week-long rally. The Sensex closed…
GST Collections Hit Rs.1.85 Lakh Crore in June, Growth Slows to 6.1% — Lowest in Four Years
India’s Goods and Services Tax (GST) collections for June 2025 rose to ₹1.85 lakh crore, marking a 6.1% year-on-year increase—its slowest pace in four years. Despite remaining above the ₹1.8…
Swiggy Unveils Rs.99 Store to Capture Gen-Z, Boost Meal Volumes Across 175 Cities
In a strategic move aimed at winning over India’s cost-sensitive and digitally savvy youth, Swiggy on July 1 launched a new budget-focused category — the ₹99 Store. Offering single-serve meals…