Exclusive

Publication

Byline

Location

RBI net sold USD 6.1bn in spot market in May to defend the Indian rupee against a steep decline

Mumbai, July 23 -- The Reserve Bank of India (RBI) net sold USD 6.104 billion in the spot currency market in May, according to the central bank's monthly bulletin released on Wednesday in order to def... Read More


WTI scales one-month peak amid intensifying Middle East turmoil

Mumbai, July 23 -- Crude oil prices extended their powerful rally, with WTI futures climbing above $89 per barrel to their highest level in more than a month, as intensifying geopolitical hostilities ... Read More


Vishal Mega Mart board approves cap on aggregate foreign ownership at 49.99%

Mumbai, July 23 -- The board of Vishal Mega Mart at its meeting held on 23 July 2026 has approved a proposal for capping the aggregate foreign ownership of the Company (through the depositories) at 4... Read More


MCX Morning Wrap: Base metals upbeat, Zinc above Rs 202 per kg

Mumbai, July 23 -- Base metals are witnessing mostly upbeat moves today. MCX Copper futures for July are trading at Rs 1339.75 per kg, up 0.23% on the day as the recent gains managed to hold. MCX Alum... Read More


Sanathan Textiles updates on its capacity expansion initiatives

Mumbai, July 23 -- Sanathan Textiles provides an update on its ongoing capacity expansion initiatives. The expansion of Technical Textiles yarn manufacturing at the Company's Silvassa facility from 9,... Read More


Nifty trades below 24,000 level; PSU bank extend losses for 3rd day

Mumbai, July 23 -- The frontline equity indices traded with modest losses in the afternoon trade. The Nifty traded below the 24,000 level. PSU Bank shares extended losses for the third consecutive tra... Read More


Indias external trade has sustained strong growth momentum, says RBI

Mumbai, July 23 -- The RBI Bulletin has stated that momentum in external trade continued during the first quarter of the current financial year, with strong growth in exports and imports. The momentum... Read More


Sanofi India CFO Rachid Ayari to step down from key roles effective 30 Sept 2026

Mumbai, July 23 -- The company said Ayari has decided to relinquish his current responsibilities following his transition to another role within the Sanofi group. Following his cessation, Ayari will ... Read More


Yen slides past 163 per dollar, hits fresh 40-year low

Mumbai, July 22 -- The Japanese yen weakened beyond 163 per US dollar on Wednesday, falling to its lowest level since 1986 as rising US Treasury yields and escalating US-Iran tensions boosted demand f... Read More


Pharma shares drop as Trump's phased US tariff plan for generic drugs

Mumbai, July 22 -- The Nifty Pharma index declined 1.16% to 25,790.70, giving up part of the 1.75% gain it had logged over the previous two trading sessions. Lupin dropped 3.32%, Piramal Pharma decli... Read More