Category: Business

BFSI Funds Outperform in May as SIP Inflows Strengthen Large-Cap Preference: Report

June 20: BFSI (Banking, Financial Services, and Insurance) thematic funds emerged as the top-performing category in May, supported by strong sectoral momentum and steady retail participation through Systematic Investment Plans (SIPs), according to a recent market report. The report notes that investor interest in financial sector-linked funds remained firm, backed by stable banking fundamentals, healthy […]

Markets Rally as Sensex, Nifty Gain Nearly 1.7 pc on Easing Global Tensions

Mumbai, June 20: Indian equity markets ended the week on a strong note, with Sensex and Nifty rising nearly 1.7%, supported by improved global sentiment amid hopes of easing tensions between the US and Iran. Investor confidence strengthened as expectations of geopolitical stability helped boost risk appetite across global markets. The possibility of lower crude oil […]

FII Flows Show Improvement, Indicating Better Overseas Investor Sentiment

Mumbai, June 20: Foreign Institutional Investors (FIIs) have shown a clear improvement in sentiment toward Indian equities, signaling renewed confidence in the country’s financial markets and broader economic outlook. Recent market activity indicates that sustained foreign selling pressure has eased significantly, with FIIs turning intermittent net buyers in select trading sessions. This shift marks a […]

Reliance Industries Unveils Five-Pillar Growth Strategy to Drive Next Phase of Expansion

Mumbai, June 20: At the company’s latest Annual General Meeting, Reliance Industries Limited (RIL) Chairman Mukesh Ambani announced a comprehensive five-part roadmap aimed at accelerating the group’s growth across technology, energy, and consumer sectors. Describing the next phase as a “transformational growth era,” Ambani outlined strategic initiatives designed to strengthen Reliance’s position as a diversified […]

Goa Records 4.63 million Visitor Arrivals in January–May 2026

Goa, June 20: Goa Tourism welcomed visitors in strong numbers through the first five months of 2026, reinforcing the State’s standing as one of India’s most preferred travel destinations. According to the latest statistics released by the Tourism Department of Goa, the State recorded 46,39,165 arrivals between January and May, reflecting sustained demand from both […]

India Launches Anti-Dumping Probe into Resorcinol Imports from China and Japan

June 20: India has initiated an anti-dumping investigation into imports of Resorcinol, a key chemical used in tyre and rubber manufacturing, from China and Japan over allegations of dumping and unfair pricing practices. The Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce, has launched the probe following a complaint filed by Atul […]

Empowered MSMEs Can Accelerate Innovation, Exports, and Economic Transformation

June 20: The Minister has called for stronger empowerment of Micro, Small and Medium Enterprises (MSMEs), stating that the sector must play a central role in driving innovation, expanding exports, and strengthening overall economic growth. Highlighting the importance of MSMEs in India’s economic structure, the Minister noted that the sector is a major contributor to […]

Northeast India Strengthens Links to Regional Markets and New Opportunities

June 20: Northeast India is steadily emerging as a key gateway for economic growth, connectivity, and regional engagement, driven by expanding infrastructure, enhanced trade linkages, and stronger cross-border cooperation. Strategically located at the crossroads of South and Southeast Asia, the region is witnessing growing momentum as investments in transport, logistics, and digital infrastructure improve connectivity […]

Global Oil Markets Watch as 80 Million Barrels Prepare to Move Through Hormuz

June 20: The gradual reopening of the Strait of Hormuz is expected to release nearly 80 million barrels of crude oil into global markets, as dozens of oil tankers prepare to transit one of the world’s most strategically important maritime routes. According to industry shipping data, approximately 40 Very Large Crude Carriers (VLCCs) loaded with […]

Ministry of Petroleum and Natural Gas Approves INR 150 Crore Financial Assistance for India’s First Private Hybrid 2G Ethanol Project in Uttar Pradesh

Delhi, June 20: In a significant step towards advancing India’s circular bioeconomy, the Ministry of Petroleum and Natural Gas (MoPNG), under the PM JI-VAN Yojana, has approved financial assistance of ₹150 crore for India’s first private-sector Hybrid 2G Ethanol Project in Uttar Pradesh. The project is designed to produce sustainable second-generation (2G) ethanol from sugarcane […]