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Economic Buzz: Global economic growth remains muted says RBI

Mumbai, Aug. 6 -- Reserve Bank of India (RBI), noted in its latest Monetary Policy Statement that the global environment continues to be challenging. Although financial market volatility and geopoliti... Read More


Bank stocks slide as RBI holds repo rate at 5.5%

Mumbai, Aug. 6 -- The committee maintained its stance amid global uncertainties and a resilient domestic economy, choosing to allow more time for the transmission of its earlier rate cuts. Accordingl... Read More


RBI introduces auto-bidding facilities in RBI Retail Direct for investment and re-investment in T-bills

Mumbai, Aug. 6 -- The Reserve bank of India, in order to enable investors to systematically plan their investments, has enabled in retail direct, an auto-bidding facility for Treasury bills (T-bills),... Read More


Volumes jump at Bikaji Foods International Ltd counter

Mumbai, Aug. 6 -- Kirloskar Oil Engines Ltd, Gujarat Fluorochemicals Ltd, ITI Ltd, NCC Ltd are among the other stocks to see a surge in volumes on BSE today, 06 August 2025.Bikaji Foods International ... Read More


Lupin Q1 PAT climbs 52% YoY to Rs 1,219 cr in FY26

Mumbai, Aug. 6 -- Profit before tax (PBT) rose 42.55% YoY to Rs 1415.54 crore in Q1 FY26. EBITDA stood at Rs 1,806.3 crore in Q1 FY26, registering the growth of 38% compared with Rs 1,806.3 crore in ... Read More


US treasury yields edge up marginally

Mumbai, Aug. 6 -- The US treasury yields edged higher marginally, coming up from a three-week low but the momentum was muted amid tepid economic cues. The US services sector activity contracted margin... Read More


RBI streamlines procedure for opening special rupee vostro accounts

Mumbai, Aug. 6 -- The Reserve Bank of India (RBI) has streamlined the process for banks to facilitate cross-border trade transactions in Indian Rupees by removing the requirement of prior RBI approval... Read More


M&B Engineering rises on debut

Mumbai, Aug. 6 -- The scrip was listed at 386, at a small premium of 0.26% compared with the initial public offer (IPO) price. So far, the stock has hit a high of Rs 412.35 and a low of Rs 373.25. On... Read More


BSE SME Mehul Colours paints the street green on debut

Mumbai, Aug. 6 -- The scrip was listed at Rs 85, a premium of 18.06% compared with the initial public offer (IPO) price. The stock is currently up 2% over its listing price. The counter hit a high of... Read More


RBI retains growth rate projection for FY26 at 6.5%

Mumbai, Aug. 6 -- The Reserve Bank on Wednesday decided to keep policy rate unchanged at 5.5 per cent and retained the neutral stance, weighed by concerns over tariff uncertainties. Announcing the thi... Read More