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Amazon expands quick commerce play with 100 urban fulfilment centres, wider product selection

New Delhi, June 17 -- Amazon India is deepening its push into quick commerce with the launch of more than 100 Urban Fulfillment Centres, a new infrastructure layer that will allow the company to offer... Read More


Copper futures: Resistance holds

New Delhi, June 17 -- Copper futures (Rs.1,338/kg) has been trading flat over the past few sessions. But it continues to trade below an important level, maintaining a bearish bias. The June contract,... Read More


Nifty IT rises 4.3% in three sessions to cross 29,000: Infosys, Tech Mahindra, Wipro & TCS lead gains

New Delhi, June 17 -- Information technology stocks extended their winning streak for a third consecutive session on Wednesday, with the Nifty IT index rising 1.5 per cent to 29,007 as investors posit... Read More


US Supreme Court rejects TCS appeal in the $168 million trade secret case

New Delhi, June 16 -- US Supreme Court denied Indian IT services firm Tata Consultancy Services' (TCS) petition to review an earlier judgement in a trade secret case penalising the company with a heft... Read More


RBI eases capital norms for ECLGS 5.0 loans, cuts risk weight

New Delhi, June 16 -- The Reserve Bank of India (RBI) on Tuesday announced a key relaxation for exposures under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0. Specifically, 75% of the guarant... Read More


Navitas Solar to invest Rs.1,500 crore in Gujarat to enter solar cell manufacturing, pilot wafer-ingot production

New Delhi, June 16 -- Gujarat-based solar module manufacturer Navitas Solar plans to invest around Rs.1,500 crore to set up a 3.6 GW solar cell manufacturing facility and a pilot wafer and ingot produ... Read More


Aluminium futures: Outlook turns weak

New Delhi, June 16 -- Aluminium futures (Rs.352/kg) tumbled 5 per cent on Monday. While the major trend has not reversed, for the short-term we are likely to see the price moderate further. The June ... Read More


GIC Re shares tumble 6% as govt launches OFS to divest up to 5% stake

New Delhi, June 16 -- Shares of General Insurance Corporation of India (GIC Re) fell over 6 per cent in early trade on Tuesday after the government's offer for sale (OFS) to divest up to a 5 per cent ... Read More


Nifty Prediction Today - June 16, 2026: Nifty futures: No follow-through rally, yet the support holds

New Delhi, June 16 -- Nifty 50 began today's session higher at 23,924 versus yesterday's close of 23,854. The index is now hovering around 23,910, up nearly 0.25 per cent so far today. The advance/de... Read More


Beyond the wage: Building a workforce for Viksit Bharat

New Delhi, June 16 -- Ravi, a young worker in Coimbatore, six months into his first formal job at a small manufacturing unit, recently received a credit of Rs. 7,500 in his bank account, separate from... Read More