Hyderabad: Sigma Advanced Systems on Monday said it has bagged an export contract worth US$21.97 million (nearly Rs 208 crore) to manufacture and supply 40,000 units of 155 mm M107 artillery shell bodies for a customer in North America.The Hyderabad-based company said the order has to be executed over a period of six months, with … Read more
India has outlined key demands in its ongoing trade negotiations with the United States, including preferential tariff treatment and assurances against future tariff hikes, as both countries work towards finalising an interim trade agreement, a trade official said on Monday.A proposed bilateral trade agreement between India and the United States may only be finalised after … Read more
Wall Street recovered some ground on Monday as technology and semiconductor stocks linked to the artificial intelligence (AI) boom bounced back from Friday’s sharp sell-off while oil prices eased from overnight peaks despite continued tensions between Israel and Iran.The S&P 500 rose 0.7% after suffering its worst daily decline since October on Friday. The Dow … Read more
Government bonds advanced on Monday shrugging off a surge in crude oil prices triggered by escalating tensions in Middle East as optimism over the Reserve Bank of India’s accommodative policy stance and measures to attract foreign capital supported market sentiment.The yield on the benchmark 6.48% 2035 government bond fell 2.4 basis points to 6.9532%, its … Read more
India’s merchandise exports recorded around 15% growth during April-May of the current financial year despite continuing global economic uncertainties, a senior government official said on Monday as reported PTI.The commerce ministry is scheduled to release the country’s trade data for May on June 15.“During the two months, exports are up by 15 per cent,” the … Read more
State-run Bharat Petroleum Corporation Ltd (BPCL) will shut a 120,000-barrel-per-day crude unit and some secondary processing units at its Mumbai refinery in November for planned maintenance, news agency Reuters reported citing industry source on Monday.The maintenance shutdown will affect units at BPCL’s 200,000-bpd refinery in Mumbai, one of the company’s key refining facilities in western … Read more
Finance minister Nirmala Sitharaman on Monday said more than 58 crore Jan Dhan accounts have brought crores of Indians into the formal banking system, strengthening financial inclusion across the country.The Pradhan Mantri Jan Dhan Yojana (PMJDY) has ensured that benefits under welfare schemes, low-cost insurance and pension programmes reach beneficiaries without leakages, the Finance Minister’s … Read more
By Dipti DeshpandeThe Reserve Bank of India’s Monetary Policy Committee (MPC) in its June policy review unanimously decided to leave policy rates unchanged and retain a neutral policy stance – an outcome that was largely expected. At 5.25%, the repo rate remains below its decadal average and the levels seen in fiscal 2014 when the … Read more
Geopolitical tensions in West Asia intensified further as military activity between Israel and Iran continued. (AI image) Stock market crash today: Nifty50 and BSE Sensex crashed in opening trade on Monday, with benchmark indices extending losses as weak global cues, relentless foreign investor selling and rising geopolitical concerns dented market sentiment.The broad sell-off erased more … Read more
Top stocks to buy today (AI image) Stock market recommendations: Shriram Finance, Cummins India are the top stocks that Motilal Oswal Wealth Management Research Desk has recommended for the week starting June 8, 2026. The brokerage has also shared target levels and possible upside. Stock Name CMP (Rs) Target (Rs) Upside (%) Shriram Finance 923 … Read more