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The Futures Industry Association (FIA) has backed the Securities and Exchange Board of India’s (SEBI) proposed framework for managing strike prices of options contracts, while urging the regulator to introduce minimum standards, strike floors and safeguards for open interest across exchanges. The global trade body representing derivatives market participants said SEBI’s proposal of allowing exchanges […]

The special additional excise duty (SAED) on diesel exports has been raised to ₹14 per litre from ₹13.5, and on ATF to ₹12.5 per litre from ₹9.5. Petrol export duty remains at ₹1.5 per litre, with no change in domestic fuel tax rates | Photo Credit: iStockphoto The government on Monday hiked windfall gains tax […]

Gold prices bounced back in futures trade on Monday, rising sharply by Rs 2,242 to Rs 1.52 lakh per 10 grams, tracking strong global trends after the announcement of a US-Iran peace deal which lifted the market sentiment. On the Multi Commodity Exchange, the yellow metal for August delivery jumped Rs 2,242, or 1.49 per […]

The Securities and Exchange Board of India (SEBI) board is expected to clear a fresh set of ease-of-doing-business measures at its June 19 meeting, including the reintroduction of open-market buybacks through stock exchanges, a faster rollout mechanism for alternative investment fund (AIF) schemes, and simplified documentation for transmission of securities to legal heirs. Other proposals […]

A bust of Elon Musk on the day of SpaceX’s initial public offering (IPO), in Brownsville, Texas, US, June 12, 2026. | Photo Credit: Gabriel V. Cardenas Elon Musk, the world’s richest man and now first-ever trillionaire, controls a lot of different businesses. Electric vehicles. Brain implants. Underground tunnels. A social media platform once called […]

Spot gold prices rallied strongly at the start of 2026, before cooling in March and recently touching an intra-year low of $4,170 per ounce | Photo Credit: wydynd Gold prices could climb to fresh record highs by the end of 2026 despite recent weakness in investor interest and a period of sideways trading, according to […]

A live feed shows SpaceX CEO Elon Musk on the day of SpaceX’s initial public offering (IPO) at the Nasdaq MarketSite, in New York City, U.S., June 12, 2026. | Photo Credit: JEENAH MOON Catapulted by the market debut of his rocket company SpaceX, Elon Musk is now the world’s first trillionaire. That level of […]

Hexagon Nutrition listing on the NSE Hexagon Nutrition shares rallied sharply on their stock market debut on Friday, hitting the upper circuit after listing at a premium of around 7 per cent over the issue price. The stock debuted at ₹48 on the BSE, a premium of 6.66 per cent to its issue price of […]

Target: ₹2,150 CMP: ₹1,604.45 For Q4 FY26, Lumax Auto Technologies reported robust quarterly revenue at ₹1,417 crore, 25 per cent year-on-year increase, reflecting sustained growth across key product segments, continued business momentum with OEMs and strong performance in the aftermarket portfolio. PAT grew 22 per cent in Q4FY26 to ₹98 crore, supported by continued focus […]

India is exploring Canada as a potential crude oil supplier, according to High Commissioner Dinesh Patnaik, who said the country’s newer refineries are capable of processing heavy crude grades. | Photo Credit: iStockphoto India is ‌considering Canada as a potential ​crude oil supplier, ⁠High Commissioner Dinesh Patnaik said on Wednesday at the ‌Global Energy Show […]