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Nifty hovers above 23,450 as RBI maintains repo rate unchanged

Mumbai, June 5 -- The domestic equity indices remained in positive territory during morning trade after RBI Governor Sanjay Malhotra announced the Monetary Policy Committee's decision to keep the repo... Read More


BSE SME Aureate Tradde's maiden flight hits turbulence

Mumbai, June 5 -- The scrip was listed at Rs 70, matching the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price. The counter hit a high o... Read More


Temporary restriction of lumpsum subscriptions in two schemes of HDFC Mutual Fund

Mumbai, June 5 -- HDFC Mutual Fund has announced a temporary restriction on lumpsum subscriptions in following schemes. HDFC Gold ETF Fund of Fund - Lumpsum purchase/switch-ins shall be subject to th... Read More


IndiGo temporarily suspends operations to six international destinations

Mumbai, June 5 -- The company has suspended operations to Langkawi, Krabi, Ho Chi Minh, Hong Kong and Shanghai starting 1 July 2026, and Siem Reap starting 3 July 2026, until 30 September 2026. "Indi... Read More


Economic Buzz: Japan forex reserves drop to 10-month low at $1.31t

Mumbai, June 5 -- Japan's foreign exchange reserves fell by a record USD 77.1 billion to USD 1.31 trillion in May 2026, the lowest level since July 2025. The sharp decline was largely driven by Japan'... Read More


Hindustan Construction rises after securing Rs 127 crore civil works contract in Bhutan

Mumbai, June 5 -- The scope of work includes construction of diversion tunnels, hydromechanical gates and cofferdams. The contract is scheduled to be completed within nine months. The award follows W... Read More


Economic Buzz: Japan household spending falls 0.5%, decline eases

Mumbai, June 5 -- Japan's household spending fell 0.5% year-on-year in April 2026, improving from a 2.9% decline in March and marking the mildest contraction in five months. The data suggests easing i... Read More


RBI keeps rate unchanged at 5.25%

Mumbai, June 5 -- The Reserve Bank of India's (RBI) monetary policy committee (MPC) has decided to keep the repo rate unchanged at 5.25% in its June 2026 bi-monthly monetary policy, Governor Sanjay Ma... Read More


Economic Buzz: RBI keeps rate unchanged at 5.25%

Mumbai, June 5 -- The Reserve Bank of India's (RBI) monetary policy committee (MPC) has decided to keep the repo rate unchanged at 5.25% in its June 2026 bi-monthly monetary policy, Governor Sanjay Ma... Read More


Glenmark Pharma launches generic Lacosamide injection in US

Mumbai, June 5 -- The product is bioequivalent and therapeutically equivalent to the reference listed drug, Vimpat Injection, 200 mg/20 mL (10 mg/mL), of UCB Inc. According to IQVIA sales data for the... Read More