Japanese automakers led a surge in the Nikkei share average to a one-year peak on Wednesday, after Tokyo reached a trade deal with Washington, ending a months-long stalemate. Under the agreement, Japanese exports to the United States face a 15% levy, down from a threatened tariff of 25%. Specific duties on autos, which account for … Read more
Vijayapura police have arrested 12 more persons in the Canara Bank theft case at Managuli village in the district. This takes the total number of arrests to 15. Three key accused have already been arrested. A total of 39 kg gold and cash have been recovered from the gang so far. Those apprehended on Friday … Read more
The combined market valuation of six of the top-10 valued firms eroded by Rs 70,325.5 crore last week, with HDFC Bank and ICICI Bank emerging as the worst-hit in line with a bearish trend in equities. Last week, the BSE benchmark Sensex dropped 626.01 points or 0.74 per cent. In the top-10 pack, Reliance Industries, … Read more
Nine of the top-10 most valued firms together added Rs 2,34,565.53 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in-line with a buoyant trend in equities. Last week, the BSE benchmark surged 1,650.73 points or 2 per cent. From the top-10 pack, Infosys emerged as the only laggard, facing … Read more
LIC Mutual Fund is lowering maturities across debt schemes and investing in up to five-year notes, as India’s rate cut-led bond market rally is largely over, chief investment officer at the asset manager said on Thursday. Earlier this month, India’s central bank slashed its key policy rate by a larger-than-expected 50 basis points, but also … Read more
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said on Tuesday, a stance directly at odds with President Donald Trump‘s calls for immediate cuts. “For the time being, we are well positioned to wait to learn more about … Read more
The eye surgery ward of the District Hospital in Kannur was closed after a leakage was reported in the operation theatre on June 16, 2025. Photo: S.K. Mohan Torrential rain continued to lash Kasaragod and Kannur districts on Monday (June 16, 2025), causing widespread disruption. Following a red alert from the India Meteorological department, which … Read more
Foreign institutional investors (FIIs) have reversed their bullish stance from May and turned net sellers in Indian equities this month. According to exchange data, FIIs sold equities worth Rs 4,892 crore in the cash market through June 13, after investing Rs 19,860 crore in May. In sharp contrast, domestic institutional investors (DIIs) have remained consistent … Read more
Infosys, India’s second-largest IT services firm, will announce its financial results for the first quarter of FY26 on July 23, 2025. In an exchange filing, the company said its Board of Directors will meet on July 22 and 23 to approve the audited consolidated financial results for the April–June quarter. Infosys will also host an … Read more
Markets regulator Sebi has restrained SME company Varyaa Creations Ltd (VCL) from accessing the securities market for alleged diversion of funds raised through its initial public offering (IPO). Additionally, the regulator has barred Inventure Merchant Banking Services Pvt Ltd from taking up any new assignment relating to merchant banking activities in the securities market till … Read more