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India's IPO market eyes $2.4 bn in offerings in July on confidence revival

So far this year, India continues to the world's No. 2 IPO market with $5.86 billion raised, accounting for the 12 per cent of total proceeds globally, LSEG data shows

Adani Enterprises plans to sell 2-5 year debt at public bond sale next week

For investors opting for quarterly payouts, the coupon will be 8.85 per cent on three-year and 9.00 per cent on five-year notes, they added

Apr-May finished steel imports fall 27.6% as China, Japan shipments decline

India was a net importer of finished steel during the period, with exports falling 18.1 per cent year-on-year to 0.8 million metric tonnes

India sends geologists to Zambia to explore copper, cobalt deposits

The exploration project will last for three years and most of the analysis will be done in laboratories in India

Hero Motors files draft papers for ₹1,200 cr IPO; looks to reduce debt

The company will issue fresh shares worth up to ₹800 crore while its existing shareholders will sell shares worth up to ₹400, the draft prospectus showed

Karnataka pushes jail terms for spreading 'fake news', sparks worries

With nearly 1 billion internet users, the stakes are high in a sprawling country of many ethnic and religious communities where fake news risks stirring deadly strife

Asian shares rise, dollar weaker as US tax bill vote keeps markets wary

Japan's Nikkei gauge of shares sank as much as 1.1 per cent as the yen climbed. Oil fell for a second consecutive session and gold advanced

Musk's xAI raises $5 billion each in fresh debt, equity: Morgan Stanley

The proceeds will support xAI's continued development of AI solutions, a data center and its flagship Grok platform

China's manufacturing activity returns to growth in June, Caixin PMI shows

Caixin/S&P Global manufacturing PMI rose to 50.4 in June from 48.3 in May, surpassing analysts' expectations

Donald Trump to sign order lifting sanctions on Syria: White House

In May, Trump announced he would lift sanctions on Syria as part of measures to help the country rebuild after a devastating civil war.

Donald Trump urged Fed Chair Jerome Powell to cut rates: White House

Karoline Leavitt displayed a copy of Trump's handwritten notes to Powell on a piece of paper showing the interest rates charged by more than two dozen countries

Sona Comstar plans domestic magnet production to cut China imports

China, which produces around 90 per cent of the world's rare earth magnets, put restrictions in April on their exports as part of its response to US tariffs

Fitch raises Boeing's outlook to stable as finances, production improve

The revision in outlook comes as a relief for Boeing, which has resolved its labor dispute and is undergoing a broader transformation under current CEO Kelly Ortberg

Apollo Hospitals to list digital health, pharmacy unit in 18-21 months

The hospital operator will retain a 15 per cent stake in the entity, which it is yet to be named, and will also have its nominee on the board of the new company

S&P 500, Nasdaq hit record highs on trade hopes; set for strong quarter

The Dow Jones Industrial Average rose 201.4 points, or 0.46 per cent, at the open to 44,020.66

India to see above-average July rains after wetter than normal June: IMD

The monsoon is the lifeblood of India's nearly $4 trillion economy, delivering almost 70% of the rainfall needed to water farms and replenishing aquifers and reservoirs

Hyatt signs $2 bn deal with Tortuga to sell Playa's real estate assets

Hyatt had entered into a deal to buy Playa, which operates 24 high-end, all-inclusive resorts across Mexico, Jamaica and the Dominican Republic

Fiscal deficit slips to 0.8% of full-year target at May-end 2025: CGA data

The fiscal deficit, or gap between the government's expenditure and revenue, had touched 11.9 per cent of the Budget Estimates (BE) for 2025-26 or Rs 1.86 trillion in April

Sona Comstar plans domestic magnet production to reduce China imports

India, which has the world's third-largest car market and its fifth-largest reserves of rare earths, is working on a new program to incentivise magnet production locally to wean off China

China factory activity shrinks for third month in June amid weak demand

The official purchasing managers' index (PMI) rose to 49.7 in June from 49.5 in May, remaining below the 50-mark separating growth from contraction