SBI Funds Management IPO priced at ₹545-574 per share

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Mumbai, July 2026: SBI Funds Management Limited has set the price band for its much-awaited initial public offering (IPO) at ₹545 to ₹574 per equity share. The public issue is expected to raise approximately ₹11,693 crore at the upper end of the price band, making it one of the largest IPOs in India in 2026. […]

India Asks WhatsApp to Pause Username Feature Rollout Over Fraud Concerns

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The Indian government has directed Meta-owned WhatsApp to temporarily halt the rollout of its upcoming username feature in the country, citing concerns that it could increase the risk of online fraud, phishing, impersonation, and cybercrime. The Ministry of Electronics and Information Technology (MeitY) has also issued a formal notice asking the company to explain how […]

Gold, silver face fresh test as US dollar, Iran crisis to shape week ahead

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Gold and silver prices are expected to remain volatile in the coming week as investors closely monitor the strength of the US dollar, escalating geopolitical tensions involving Iran, crude oil price movements, and a series of key global economic data releases. Analysts believe these factors will determine the near-term direction of bullion prices in both […]

AI won’t replace Infosys, but will amplify those who adapt, says Nandan Nilekani

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Nandan Nilekani has said that artificial intelligence (AI) will not replace companies like Infosys, but it will create a major advantage for people and organizations that successfully adapt to the new technology era. Speaking about the future of technology and the IT industry, Nilekani highlighted that AI should be viewed as a productivity tool rather […]

Stock markets surge tracking global rally, drop in oil prices

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Continue Reading Mumbai: Stock market benchmark indices Sensex and Nifty surged in early trade on Monday, June 15, mirroring a rally in global equities and a sharp decline in crude oil prices, after the US and Iran finalised a deal to end their 107-day war. The 30-share BSE Sensex jumped 1,112.70 points to 76,648.74 in […]

Crude oil futures tank over 5 percent

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New Delhi: Crude oil futures fell more than 5 per cent and slid to a three-month low of Rs 7,624 per barrel on Monday, June 15, after the US and Iran reached a peace agreement and the reopening of Strait of Hormuz triggered a sharp sell-off in energy markets.On the Multi Commodity Exchange (MCX), crude […]

Meta Partners With Reliance on AI-Enabled Data Center in India

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Meta and Reliance Industries today announced a significant expansion of our strategic partnership with an agreement for an AI-enabled data center in India. Located in Jamnagar, Gujarat, this investment reaffirms Meta’s deep commitment to India, bringing infrastructure that powers our products and AI capabilities needed to deliver personal superintelligence to one of our largest and […]

SENSEX rises over 350 points, NIFTY above 23,300 led by Reliance Industries

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Continue Reading  The Indian equity benchmarks were trading higher on Wednesday, Sensex and Nifty latest update  defying weak cues from Asian markets, powered by gains in index heavyweight Reliance Industries. The SENSEX rose as much as 436 points and NIFTY50 index touched an intraday high of 23,350 led by buying in heavyweights like Reliance Industries, ICICI […]

RBI maintains report rate at 5.25 pc, flags global risks

Mumbai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Friday unanimously decided to keep the policy repo rate unchanged at 5.25 per cent, in line with the expectations from economists. RBI Report Rate 5.25 %  The Standing Deposit Facility (SDF) rate was set at 5 per cent, while the Marginal Standing Facility (MSF) rate […]