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3 mins read

June warmest on record; every month since July 2023 breached 1.5 deg C threshold

According to scientists at C3S, every month since June last year has been the warmest such month…

PTI   


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1 min read

Equity mutual funds see record Rs 41,887 cr inflow in October

This also marks the 44th consecutive month of net inflow in the equity-oriented funds, highlighting…

PTI   


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2 mins read

WPI inflation surges to 16-month high of 3.36% in June on costlier vegetables

New Delhi's wholesale inflation surged to 3.36% in June 2024, led by rising food prices, especially…

PTI   


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Wholesale inflation rose for fourth straight month in June to 3.36%, owing to rising vegetable and food prices

Wholesale inflation in the country rose for the fourth consecutive month in June at 3.36 per cent o…

PTI   


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Tea production declines in June 2024

According to the latest data of Tea Board, production at the gardens of North India increased margi…

PTI   


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4 mins read

RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly

​MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…

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6 mins read

Bank holidays in June 2023 - Kabir Jayanti, Bakrid in the list

Financial planning is a crucially important activity for individuals, businesses and other entities…

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2 mins read

Ukraine says it destroyed almost 60 Russian air defense systems in June, the second-highest number of monthly kills since the war began

War experts have suggested that Ukraine may be degrading Russian air defenses, possibly with the co…

Chris Panella   


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India's power consumption rises nearly 9% to 152.38 billion units in June

The peak power demand touched an all-time high of 250.20GW in May this year. The previous all…

PTI   


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Oura, beloved by techies and athletes alike, is launching a new smart ring this month: Bloomberg

Oura's CEO told Bloomberg that he expects sales to double this year, to about $500 million.

Lian Kit Wee   


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The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it

The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it bre…

Huileng Tan   


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Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore

On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …

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2 mins read

TikTok could be banned from the US in months. TikTok doesn't seem worried.

TikTok faces a January deadline to find a new US owner, or to shut down. But TikTok employees, user…

Peter Kafka   


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2 mins read

Inflation cooled off more than expected in June

Inflation keeps cooling. The consumer price index rose 3.0% year over year; the forecast was 3.1%.

Madison Hoff   


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Tata Power net profit up 31% to ₹1,189 crore in June quarter

According to the statement, these businesses contributed 84 per cent of the PAT (net profit) in…

PTI   


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Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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2 mins read

Adobe is having a terrible month

The US government sued Adobe, saying it violated consumer protection laws by hiding expensive fees …

Shubhangi Goel   


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1 min read

June IIP: Core sector growth at five-month high of 8.2%

The growth of India's eight key infrastructure sectors slowed down to 8.2% in June 2023 as compared…

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Passenger vehicle retail sales dip 7% in June as heatwave curtails showroom visits

"Despite improved product availability and substantial discounts aimed at stimulating demand, m…

PTI   


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UPI transactions cross Rs 20 trillion for third successive month, in July 2024

Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…

ANI