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Investors' wealth erodes by Rs 8.96 lakh crore

India, July 9 -- Investors' wealth eroded by '8.96 lakh crore on Wednesday as equity markets went into a tailspin after US President Donald Trump said the interim agreement with Iran is over, leading ... Read More


Oil marketing companies, paint makers, aviation stocks tumble as crude oil prices jump

India, July 9 -- Shares of oil marketing companies, paint manufacturers and aviation firms ended lower on Wednesday following a sharp surge in crude oil prices amid fresh tensions between the US and I... Read More


Rupee tanks 59 paise to close at 95.55 against US dollar

India, July 9 -- The rupee tanked 59 paise to settle at 95.55 (provisional) against the US dollar on Wednesday as the US launched fresh strikes on Iran after Tehran struck three ships in the Strait of... Read More


ISMA calls E20 petrol safety claims misleading, urges reliance on official data

India, July 9 -- The Indian Sugar and Bio-Energy Manufacturers Association (ISMA) on Wednesday said recent claims about E20 petrol damaging vehicles, attracting insects, invalidating insurance, or inv... Read More


SEBI amends registration fee rule for FPIs; directs payment in rupee terms

India, July 9 -- Markets regulator SEBI has replaced the existing US dollar-denominated registration fee for Foreign Portfolio Investors (FPIs) with a rupee-based fee structure. To implement the chan... Read More


Monsoon rains to pick up in July, boost kharif crop sowing: Shivraj

India, July 9 -- Monsoon rains are expected to strengthen in July, aiding the sowing of kharif crops after a slow start to the season, Agriculture Minister Shivraj Singh Chouhan said on Wednesday. Th... Read More


IMF pares India's growth forecast to 6.4% for 2027 fiscal from 6.5% in April

India, July 9 -- India's economy is expected to grow at 6.4 per cent in fiscal year 2027, a tad slower than the 6.5 per cent projected in April, the International Monetary Fund (IMF) said on Wednesday... Read More


Gold falls Rs 2,308/10g in futures on strong dollar, higher crude oil

India, July 9 -- Gold futures slumped by Rs 2,308 to Rs 1.43 lakh per 10 grams on Wednesday, tracking losses in global markets as a rally in crude oil rates dented the appeal of the precious metal ami... Read More


Flipkart scraps Rs 1,000 price cap to offer zero commission on fashion

India, July 9 -- E-commerce marketplace Flipkart has extended its zero-commission policy to include all products within its fashion category, removing the previous price cap of Rs 1,000. The move will... Read More


India, ASEAN assess progress of FTA talks

India, July 9 -- India and the 11-nation ASEAN bloc on Tuesday took stock of the progress of talks for the review of free trade agreement in goods between the two sides, the commerce ministry said on ... Read More