COMMODITIES

India’s coffee shipments up 19 per cent in Q1FY25 at $616 million

 The coffee shipments during June quarter stood at ₹5,273 crore up 22 per cent from ₹4,315 crore a year ago

THE HINDU BUSINESS LINE
12 hours ago
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Stock to buy today: Gujarat Gas (₹500) – BUY

Gujarat Gas share price has potential to target ₹550

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Day Trading Guide for July 3, 2025: Intraday supports, resistances for Nifty50 stocks 

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BUSINESS

Early investor Banga to sell 2% in Nykaa

Harindarpal Singh Banga and his family, early investors in Nykaa, are selling a 2.1% stake in the company for $140.3 million through a block deal. The Banga family, holding nearly 5% stake, will offload 60 million shares at a 5.5% disco ...more

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China targets India's mfg sector, delays machinery delivery, pulls iPhone engrs

Tensions with China are disrupting India's manufacturing sector as China delays machinery deliveries and pulls its citizens from Indian factories, including those at Apple's contract manufacturer, Foxconn. This is happening alongside ne ...more

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BUSINESS

RBI bans fine for pre-paying some biz loans

The RBI has prohibited prepayment penalties on floating-rate personal and small business loans to simplify lending and facilitate lender switching. Effective January 1, 2026, this directive applies to loans sanctioned or renewed by vari ...more

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HDB Financial shares surge 14% on Day 1

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Midcap IT cos to outpace large firms in growth

Analysts predict midcap IT firms will likely surpass large caps in the June quarter, showing steady deal signings despite economic uncertainties. While large caps, except Infosys and LTIMindtree, may face revenue declines, midcaps like ...more

TIMES OF INDIA
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BUSINESS

RBI seeks 'borrower ID' to reduce credit score errors

RBI is advocating for a secure, unique borrower identifier to eliminate data duplication and inaccuracies within credit bureaus, ultimately aiming to improve loan accessibility. This initiative is coupled with the development of a unifi ...more

TIMES OF INDIA
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SBI flags Anil Ambani's RCom loan a/c as fraud

SBI has classified Reliance Communications' loan account as fraudulent, implicating former director Anil Ambani and planning to report him to the RBI. This action, stemming from a 2020 forensic audit, triggers legal challenges amidst RC ...more

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Microsoft to cut 9,000 jobs in fresh wave

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BANKING

Lenders cannot levy pre-payment charges on floating rate loans, advances granted for business purpose to individuals, MSEs: RBI

Lenders also cannot levy pre-payment charges when it is at their instance

THE HINDU BUSINESS LINE
6 hours ago

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