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Government has earmarked Rs 18907 crore during FY27 for construction of rural roads

Mumbai, June 18 -- The Government of India has earmarked Rs 18,907 crore during FY 2026-27 for the construction of 26,474 kilometres of rural roads under the Pradhan Mantri Gram Sadak Yojana (PMGSY) a... Read More


Quick Wrap: Nifty IT Index declines 1.19%

Mumbai, June 18 -- Nifty IT index ended down 1.19% at 28466.45 today. The index is down 3.00% over last one month. Among the constituents, Infosys Ltd shed 2.61%, Persistent Systems Ltd slipped 2.07% ... Read More


Economic Buzz: German central bank cautious about economic recovery

Mumbai, June 18 -- Bundesbank, the German central bank has noted that the German economic recovery, which had just begun in the winter half-year, will initially be slowed by the war in the Middle East... Read More


Bata India spikes on appointment of Sanjay Rao as Managing Director & CEO

Mumbai, June 18 -- Rao succeeds Gunjan Shah, who will step down upon completing his five-year tenure at the helm of the footwear major. Rao brings more than two decades of retail and consumer leaders... Read More


Karur Vysya Bank launches Sponge Park in Tambaram under sustainability initiative

Mumbai, June 18 -- The project has been developed as an integrated blue-green infrastructure initiative designed to capture, store and naturally filter rainwater, helping mitigate urban flooding while... Read More


Redington rallies as Apple weighs price increases

Mumbai, June 18 -- According to media reports citing Apple CEO Tim Cook, the company is considering price increases on some products as rising costs of key components used in devices such as iPhones, ... Read More


IT shares slide amid rising expectations of a US rate hike

Mumbai, June 18 -- The Nifty IT index fell 1.40% to 28,405.35. Infosys led the losses, declining 2.53%, followed by Persistent Systems (down 1.93%), Tech Mahindra (down 1.53%), Tata Consultancy Servic... Read More


IFCI Ltd leads losers in 'A' group

Mumbai, June 18 -- IDBI Bank Ltd, Inox India Ltd, Shilpa Medicare Ltd and Shaily Engineering Plastics Ltd are among the other losers in the BSE's 'A' group today, 18 June 2026.IFCI Ltd tumbled 9.22% t... Read More


Gold retreats below $4300 as Fed's hawkish tone boosts dollar

Mumbai, June 18 -- Gold slipped below $4,300 per ounce on Thursday as a stronger US dollar and easing geopolitical tensions reduced demand for safe-haven assets. The dollar index remained above the 10... Read More


Siyaram Recycling Industries secures Rs 3-cr brass scrap order from Anurag Impex

Mumbai, June 18 -- According to an exchange filing, the total order value stands at Rs 3,20,59,066 and is scheduled to be executed within seven days. The company clarified that the contract does not i... Read More