Mumbai, July 23, 2025 — Despite a fluid global macroeconomic environment marked by geopolitical tensions and tariff policy uncertainties, India’s domestic economy remained resilient during June and July, according to the Reserve Bank of India’s (RBI) July Bulletin. The article titled State of the Economy noted that economic activity held firm, supported by promising prospects…
New Delhi, Aluminium prices rose by 40 paise to Rs 254.90 per kg in futures trade on Tuesday as speculators created new deals amid positive trend in the spot market. At the Multi Commodity Exchange, the price of aluminium contract for August delivery rose by 40 paise or 0.16 percent to Rs 254.90 per kg…
Margin pressures were evident in the results of a clutch of banks that announced their Q1FY26 results. This was in line with analysts’ expectations. The sequential fall in the net interest margin (NIM) varied between 1 basis point and 67 basis points across 12 lenders. On an average, the NIM declined 23 bps. The June…
State Bank of India (SBI) on Monday, July 21, said it has successfully raised ₹25,000 crore through a qualified institutional placement (QIP). The board of directors of the national bank at a meeting approved the allotment of 30.59 crore (or 30,59,97,552) equity shares having a face value of ₹1 per share at an issue price…
After discovering “active attacks” on server software that businesses and government organizations use to transfer information throughout their operations, tech giant Microsoft released an urgent security update. According to Microsoft, the vulnerabilities exclusively affect business-use SharePoint servers. The group claims that the attacks had no effect on SharePoint Online, which is hosted in the cloud…
Kolkata: Tea exports from India in FY 2024-25 rose by 2.85 per cent as compared to the previous fiscal, according to official data. Tea exports from the country rose from 250.73 million kg to 257.88 million kg. According to the latest data from the Tea Board, the export volume from North India reached 161.20 million…
Mumbai, July 19, 2025 — Gold prices on the Multi Commodity Exchange (MCX) are expected to maintain their upward momentum next week, with technical indicators suggesting resistance near ₹98,800 per 10 grams. The outlook remains cautiously optimistic amid mixed global cues and persistent geopolitical tensions. During the week ending July 19, MCX gold futures (August…
JSW Steel, the country’s second-largest steel producer, on Friday, July 18 reported a consolidated net profit of ₹2,184 crore in the first quarter of the current financial year, up 158% from ₹845 crore in the same period last year. This sharp jump in profits was driven by good capital expenditure by the government in the…
New Delhi, July 18, 2025 — As the deadline for filing Income Tax Returns (ITR) for Assessment Year 2025–26 approaches, the Income Tax Department has issued a strong advisory urging taxpayers to disclose all foreign assets and income in their returns. The move is part of a broader compliance initiative aimed at enhancing transparency and…
New Delhi, Zinc prices rose by 5 paise to Rs 256.55 per kg in futures trade on Thursday amid strong spot demand. At the Multi Commodity Exchange, the price of zinc contract for August delivery rose 5 paise or 0.02 percent to Rs 256.55 per kg in a business turnover of 1,531 lots. Zinc prices…
