Page 420 - Latest News
Rupee rises as Asian markets catch a breather, importers keen to hedge
The currency was last up 0.15 per cent at 92.18, still close to its all-time low of 92.3475 hit in the previous session
 "Rupee rises as Asian markets catch a breather, importers keen to hedge")
Rising crude prices: What it means for India's markets, investor portfolios
Crude oil directly impacts fuel prices and indirectly affects transportation, manufacturing, logistics, and food supply chains.
 "Rising crude prices: What it means for India's markets, investor portfolios")
Weather today: Rain in north India, heat wave in west; Rajkot hits 41.6°C
Residents across India face extreme weather, heavy rain and storms lash the north, while west and central regions struggle with intense heat and soaring temperatures
 "Weather today: Rain in north India, heat wave in west; Rajkot hits 41.6°C")
Tejas Networks jumps 9% after 3-day fall; what's behind the rally?
Tejas Networks stock was trading at ₹461.20, 35.10 points or 8.24 per cent against the previous session's close of ₹426.10
 "Tejas Networks jumps 9% after 3-day fall; what's behind the rally?")
RBI steps up support for rupee, bond markets as crude oil prices surge
Central bank steps into forex and bond markets as rising crude prices threaten inflation, the rupee and government finances
 "RBI steps up support for rupee, bond markets as crude oil prices surge")
Solex Energy shares gain 8% on ALMM capacity addition approval
Solex Energy received approval for capacity addition under the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy
 "Solex Energy shares gain 8% on ALMM capacity addition approval")
Australia grants humanitarian visas to five Iranian female soccer players
Five players sought asylum after refusing to sing Iran's national anthem during a tournament in Australia
 "Australia grants humanitarian visas to five Iranian female soccer players")
IDFC First Bank pays ₹645 crore to settle fraud claims with Haryana govt
IDFC First Bank said it paid ₹645 crore to clients after claims linked to a suspected fraud at its Chandigarh branch, ₹55 crore higher than the initial estimate of ₹590 crore
 "IDFC First Bank pays ₹645 crore to settle fraud claims with Haryana govt")
Crypto rally lifts BTC to $70k, ETH $2k; analysts cite market resilience
Crypto Market: Meanwhile, early signs of capital rotation are emerging as inflows into Bitcoin investment products resume, while some profit-taking appears to be occurring in gold
 "Crypto rally lifts BTC to $70k, ETH $2k; analysts cite market resilience")
Swan Defence slips 4% as promoter proposes to sell 5.01% stake via OFS
The selling pressure came after the promoter, Hazel Infra, proposed to sell 5.01 per cent of equity shares through offer for sale (OFS)
 "Swan Defence slips 4% as promoter proposes to sell 5.01% stake via OFS")
Natco rallies 5%, nears 52-week high; what's driving pharma stock?
In the past four trading days, the stock price of Natco Pharma has surged 10 per cent after the company announced the launch of Pomalidomide Capsules (generic of Pomalyst) in the US market.
 "Natco rallies 5%, nears 52-week high; what's driving pharma stock?")
Democrats threaten to stall Senate until Trump admin explains Iran war
The Senate last week voted down a war powers resolution, which would have put curbs on Trump's abilities to use military force in Iran
 "Democrats threaten to stall Senate until Trump admin explains Iran war")
Ambuja Cements shares gain 3% on positive outlook; Centrum sees 44% upside
Ambuja Cements' stock rose as much as 3.04 per cent during the day to ₹465.7 per share, the biggest intraday gain since February 3 this year
 "Ambuja Cements shares gain 3% on positive outlook; Centrum sees 44% upside")
Arvind SmartSpaces jumps 9% as Pirojsha Godrej buys stake via bulk deal
The stock was in demand the day after Pirojsha Adi Godrej, Executive Chairman of Godrej Properties, acquired shares through a bulk deal on BSE
 "Arvind SmartSpaces jumps 9% as Pirojsha Godrej buys stake via bulk deal")
Anthropic files lawsuit to block Pentagon blacklisting over AI use curbs
The Pentagon said U.S. law, not a private company, would determine how to defend the country and insisted on having full flexibility in using AI for any lawful use
 "Anthropic files lawsuit to block Pentagon blacklisting over AI use curbs")
Anthropic says Pentagon blacklisting could hit sales, harm reputation
A looming blacklist by the United States Department of Defense has pushed Anthropic into a legal battle, with executives warning that the move could wipe out billions in projected revenue.
 "Anthropic says Pentagon blacklisting could hit sales, harm reputation")
Apple now makes about 25% of iPhones in India amid US-China trade tensions
Apple assembled about 55 million iPhones in India in 2025, up around 53%, compared to 36 million iPhones a year earlier
 "Apple now makes about 25% of iPhones in India amid US-China trade tensions")
Sensex jumps 800 pts; Nifty tops 24,300 intraday; key reasons here
The Nifty index rose as much as 1.15 per cent, or 275 points, to 24,303.8, while the 30-stock Sensex advanced 1.04 per cent, or 809 points, to 77,566.16
 "Sensex jumps 800 pts; Nifty tops 24,300 intraday; key reasons here")
Iran says China, Russia, France reached out to discuss possible ceasefire
Iran's deputy foreign minister said that many countries want a way for ceasefire discussions, but said any truce is possible only if the US and Israel stop attacks
 "Iran says China, Russia, France reached out to discuss possible ceasefire")
Axis Direct upgrades Coal India to 'Buy'; sees demand tailwinds ahead
Axis Direct expects a pick-up in power demand going into the summer season, providing a tailwind to Coal India's volumes. It has hiked Coal India share price target to ₹500
 "Axis Direct upgrades Coal India to 'Buy'; sees demand tailwinds ahead")