RBI Slashes Repo Rate and CRR, Adopts Neutral Stance Amid Cooling Inflation
In a major announcement from the Reserve Bank of India (RBI), the central bank has cut the repo rate by 50 basis points (bps) and the Cash Reserve Ratio (CRR)…
Gold, Silver Rally Outpaces Stocks Amid Rising Geopolitical Tensions
Gold and silver are back in the spotlight as global uncertainty drives investors toward safe-haven assets. Over the past two weeks, precious metals have significantly outperformed equities, fueled by a…
Star-Powered Sri Lotus Developers Set to Launch ₹792-Crore IPO
Sri Lotus Developers, under its flagship brand Lotus Developers, is preparing for a grand debut on the IPO street. The company, known for its presence in both residential and commercial…
BimaPay Eyes 30–40% Volume from ULIPs, Gears Up for Digital Loan Launch
BimaPay Finsure is getting ready to introduce what it calls India’s first fully digital platform for loans against life insurance policies. The company, led by CEO and Co-founder Hanut Mehta,…
BIS to Take Legal Action Against Amazon and Flipkart Over Non-Certified Goods
In a significant development, the Bureau of Indian Standards (BIS) is preparing to initiate legal proceedings against e-commerce giants Amazon and Walmart-owned Flipkart. The move comes after the regulatory body…
Dollar Slips on Weak U.S. Data, Trade Tensions; Euro Steady Ahead of ECB Rate Cut
The U.S. dollar weakened further in Thursday’s Asian trading as soft economic indicators continued to pressure investor sentiment. New data showed a contraction in the U.S. services sector in May—its…
India Explores Building Its Own Big Four Consulting Firms as PMO Convenes Strategic Meeting
In a significant move aligned with India’s strategic vision for economic self-reliance, the Prime Minister’s Office (PMO) convened a high-level meeting on June 5 to explore the feasibility of establishing…
Starlink Nears India Launch with Imminent Satcom License; Amazon Kuiper Faces Longer Wait
Elon Musk’s Starlink is expected to receive the Global Mobile Personal Communication by Satellite (GMPCS) license from India’s Department of Telecommunications (DoT) within June 2025, following timely compliance with all…
Blinkit’s Weekly User Base Nears Zomato, Widens Lead Over Instamart and Zepto: CLSA Report
Blinkit’s weekly active user (WAU) base surged to 30.1 million by late May 2025, closing in on Zomato’s 30.7 million, signaling a pivotal shift in India’s online shopping preferences toward…
Pharma Stocks Rally Up to 3% Led by Dr Reddy’s and Laurus Labs on Bullish Broker Calls
The Nifty Pharma index emerged as the top-performing sector on the NSE on June 5, advancing over 1% to hover around 21,586.80. This marked the second consecutive session of gains…
