BUSINESS
India’s Exports to US Jump 23% in June, Imports See 10% Decline
In the first quarter of FY 2025–26 (April–June), exports to the U.S. increased by 22.18% year-on-year to $25.51 billion.
India’s Exports Rise 6.5% in June; Q1 Sees 5.94% Growth in Goods and Services
Imports, however, registered a modest increase of 0.5%, amounting to $71.50 billion in June 2025 compared to the same month in 2024.
Jane Street Injects $567 Million to Reenter Indian Markets
The action comes after a recent directive by the Securities and Exchange Board of India (SEBI) disallowing the company from engaging in Indian securities markets for suspected market manipulation.
Railways Ministry Refutes Claims of Rejecting Japanese Bullet Train Technology as 'Fake News'
Releasing a fact check on what it termed as "fake news," the Ministry confirmed no decision has been made to drop Japanese Shinkansen technology for the corridor.
HCL Technologies Q1 Profit Drops 10% to ₹3,843 Cr; Interim Dividend of ₹12 Announced
Despite the decline in profits, the company saw an 8% increase in revenue from operations at ₹30,349 crore against ₹28,057 crore for Q1 FY25, according to its regulatory filing. On a quarter-on-quarter basis, revenue increased marginally by 0.3% from ₹30,246 crore in the previous quarter.
Bitcoin Rockets Past $120,000 Amid 'Crypto Week' and Regulatory Optimism
The rally is a testament to increasing investor optimism as central policy debates about regulating cryptocurrency are given top billing in Washington this week.
NSE Secures 4th Spot Worldwide in H1 2025 IPO Fundraising with $5.5 Billion
Statistics from S&P Global Market Intelligence indicate that the NSE absorbed $5.51 billion in IPO funds in the period January to June, accounting for 8.9% of the worldwide total of $61.95 billion.
Markets Slip on Tariff Concerns as Q1 Earnings Hold the Key to Rebound
While maintaining a relatively consistent performance for most of the week, profit-taking during the latter half of the week caused benchmark indices to fall. At the end of the week, the Sensex and Nifty also closed at their lowest levels at 82,500.47 and 25,149.85, respectively.
Indians Ramp Up Investments in US Stocks Amid Market Volatility: Report
The second quarter was very volatile for Wall Street. The S&P 500 plummeted by 13% in April after new tariffs by former President Donald Trump on 'Liberation Day' sent a significant market upheaval.
IT Department Launches Excel Utilities for ITR-2 and ITR-3 Filers
Previously, the department had only offered online and Excel utilities for ITR-1 and ITR-4 that apply to taxpayers with less complex income profiles under certain conditions. The new release now allows a larger category of taxpayers to start filing.
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