Business

US producer prices holds at 2.6% in May; wholesale prices rose 0.1% from April, Fed seen staying cautious on rate cuts

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US producer prices holds at 2.6% in May; wholesale prices rose 0.1% from April, Fed seen staying cautious on rate cuts

saiph24/7 June 12, 2025

US producer prices rose modestly in May, offering further evidence that inflationary pressures remain subdued even as...

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Bhartia family likely to offload stakes in three Jubilant companies via block deals

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Bhartia family likely to offload stakes in three Jubilant companies via block deals

saiph24/7 June 12, 2025

The Bhartia family of Jubilant Bhartia Group are likely to sell shares in three of its listed...

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TVS Srichakra’s Eurogrip tyres now available in Taiwan’s Honda service centres

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TVS Srichakra’s Eurogrip tyres now available in Taiwan’s Honda service centres

saiph24/7 June 12, 2025

Manufacturers of two and three-wheeler, and off-highway tyres, TVS Srichakra Ltd, on Thursday (June 12) said its...

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CPI inflation eases to 2.82% in May, logs 6-year low; food prices lead broad-based decline

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CPI inflation eases to 2.82% in May, logs 6-year low; food prices lead broad-based decline

saiph24/7 June 12, 2025

India’s headline retail inflation fell to 2.82% in May 2025, the lowest year-on-year rate since February 2019,...

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Canara Bank board okays ₹9,500-crore fundraise for FY26 via tier II, AT1 bonds

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Canara Bank board okays ₹9,500-crore fundraise for FY26 via tier II, AT1 bonds

saiph24/7 June 12, 2025

State-owned Canara Bank Ltd on Thursday (June 12) said its board has approved a capital raising plan...

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Boeing shares tank 8% in pre-market trading after Ahmedabad air crash

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Boeing shares tank 8% in pre-market trading after Ahmedabad air crash

saiph24/7 June 12, 2025

Shares of aircraft manufacturer Boeing fell as much as 8% in pre-market trading on Thursday, June 12,...

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Air India Ahmedabad plane crash: Boeing shares plunge; stock tanks 7% in pre-market trading as 787 Dreamliner crashes

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Air India Ahmedabad plane crash: Boeing shares plunge; stock tanks 7% in pre-market trading as 787 Dreamliner crashes

saiph24/7 June 12, 2025

Air India plane crash (PTI photo) Air India Ahmedabad plane crash: Boeing Company Ltd.’s stock plunged 7%...

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Reliance Industries says sold Asian Paints stake in block deal via unit at ₹2,201 per share

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Reliance Industries says sold Asian Paints stake in block deal via unit at ₹2,201 per share

saiph24/7 June 12, 2025

Reliance Industries Ltd., the Nifty 50 heavyweight, confirmed to the exchanges on Thursday, June 12, that the...

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Arvind Sanger: Fed may wait for more data, but September rate cut likely

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Arvind Sanger: Fed may wait for more data, but September rate cut likely

saiph24/7 June 12, 2025

Arvind Sanger, Managing Partner at Geosphere Capital Management, expects a 25-basis point interest rate cut by the...

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Air India plane crash: Air India says Ahmedabad-London Gatwick flight ‘involved in an incident’; gathering more details

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Air India plane crash: Air India says Ahmedabad-London Gatwick flight ‘involved in an incident’; gathering more details

saiph24/7 June 12, 2025

NEW DELHI: Air India on Thursday said that Flight AI171, operating from Ahmedabad to London Gatwick, was...

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