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Strong May Jobs Report Sends Treasury Yields Surging, Dashing Hopes for Fed Rate Cut

Mumbai, June 8 -- Treasury yields jumped Friday after a stronger-than-expected May jobs report reinforced the view that the U.S. labor market remains resilient and dampened traders' hopes for rate cut... Read More


Prabhat Technologies (India) reports consolidated net loss of Rs 22.09 crore in the March 2026 quarter

Mumbai, June 8 -- Net loss of Prabhat Technologies (India) reported to Rs 22.09 crore in the quarter ended March 2026 as against net profit of Rs 0.27 crore during the previous quarter ended March 202... Read More


NSE crosses 26 crore investor accounts in June 2026

Mumbai, June 8 -- The National Stock Exchange (NSE) said the number of unique trading accounts, or client codes (UCCs), has crossed the 26 crore mark in June 2026, highlighting continued growth in ret... Read More


Wall Street Rallies as Oil Prices Drop and Bond Yields Ease; Dow Surges 874 Points to Record High

Mumbai, June 8 -- Wall Street rallied Thursday after falling oil prices and yields in the bond market eased the pressure on U.S. stocks. Banks, small companies and other stocks that had earlier been l... Read More


Adani Ports' step-down arm secures 10-year marine services contract for Southern Energy FLNG project

Mumbai, June 8 -- Adani Ports and Special Economic Zone has secured a 10-year marine services contract for Argentina's first liquefied natural gas (LNG) export, marking its entry into South America an... Read More


Intellect Design Arena appoints CEO Purple Fabric

Mumbai, June 8 -- Intellect Design Arena has appointed Deepak Dastrala as the Chief Executive Officer (CEO) - Purple Fabric and will be designated as Senior Management Personnel with effect from 07 Ju... Read More


Dollar index holds above 100 mark

Mumbai, June 8 -- The US dollar index surged above 100 mark on Friday to a two month high following strong US jobs report that increased possibility of a Federal Reserve interest rate hike soon. Jobs ... Read More


Sigma Advanced bags $21.97 million export order for artillery shell bodies

Mumbai, June 8 -- The contract will be executed over six months, with production and deliveries scheduled to be completed within the period. The order marks a strategic expansion for the company in th... Read More


Creative Newtech hits the roof after bagging Rs 3,195 cr contract from BSNL

Mumbai, June 8 -- The order covers the design, supply, construction, installation, upgradation, operation and maintenance of the BharatNet Middle Mile Network in the Odisha Telecom Circle. Total AWO v... Read More


Government and RBI building vital buffer against external volatility by appropriate liquidity measures to support inflow of foreign capital: FICCI

Mumbai, June 8 -- Mr Anant Goenka, President, FICCI said, "FICCI welcomes the RBI's decision to keep the policy repo rate unchanged at 5.25 per cent while maintaining a neutral stance. This is a balan... Read More