BUSINESS

Markets rally for 3rd day on easing geopolitical tensions; Sensex surges 1,000 points

From the Sensex constituents, Tata Steel, Bajaj Finance, Bharti Airtel, Adani Ports, Eternal, Bajaj Finserv, NTPC, HDFC Bank, Reliance Industries and Axis Bank were among the major gainers.

THE HINDU
4 hours ago
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Rupee strengthens 39 paise, hits two-week high

The Dollar is reeling under pressure as US President Donald Trump emphatically stated that interest rates should be at least 200-300 bps lower

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India’s first maritime NBFC launched

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DRI seizes 1,115 metric tonnes of Pakistani-origin goods  

Following the Pahalgam terror attack, India banned imports from Pakistan, still, efforts made to send goods through third countries, mainly Dubai; To target this illegal import, DRI launched ‘Operation Deep Manifest’

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JSW Paints nears multi-crore deal to acquire AkzoNobel’s India operations

Also eyes South Asia business

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Benchmarks surge to nine-month highs as bank stocks, RIL power rally 

Sensex surges 1,000 points, Nifty 300 pts

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Kalpataru IPO subscribed 2.28 times; Ellenbarrie, Globe Civil Projects IPOs see strong subscription

The ₹119-crore IPO of Globe Civil Projects hogged the limelight with a subscription of 86 times, as all categories of investors bid aggressively

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South America, Africa to be lucrative growth engines for Texmaco Rail, says MD

India’s largest wagon maker has secured the international contract with Camalco S. A, a wholly-owned subsidiary of Australia’s Canyon Resources

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RBI’s New Project Finance Rules Aim To Shield Banks From High-Risk Exposure

Crisil Ratings Director Subha Sri Narayanan highlighted that the final guidelines are more business-friendly than the draft released in May 2024. 

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Hitachi Energy India secures bulk transformer order from PGCIL

Hitachi will supply 30 units of 765-kilovolt 500 megavolt-ampere single-phase transformers.

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DoT puts out draft rules to enable mobile user validation

The draft rules would allow the government to order validation of private firms’ customers, if they use a mobile number. Companies can also undertake such verification themselves, for a fee.

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GIA announces new initiatives for Indian market

Introduces Finished Jewellery Report & Coloured Stone Report to boost trade, consumer confidence

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India-ASEAN FTA review to be completed as soon as possible: MEA

Commerce Minister Piyush Goyal recently said getting into a free trade pact with competitors was silly

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Bank holidays: Will banks be closed on June 27 for Jagannath Rath Yatra? Check details

Get ready for a three-day banking break in Odisha and Manipur starting June 27, 2025. Rath Yatra kicks off the closures, followed by the usual weekend shutdowns. Mizoram banks will also be closed on June 30 for Remna Ni. Plan your trans ...more

TIMES OF INDIA
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