The Nifty IT index slumped over 6 per cent after Accenture lowered its FY26 growth forecast and reported weaker bookings, triggering a broad-based sell-off in Indian technology stocks led by Infosys and TCS.
The National Stock Exchange (NSE) filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Wednesday, June 17, according to official documents.
The Memorandum of Understanding (MoU) under the Government of India's scheme for replacement of old trucks and buses in the Delhi–NCR region was signed on Thursday between the Ministry of Road Transport and Highways (MoRTH) and Tata Motors.
The Government of India has assured citizens that fuel availability remains stable amid the evolving situation in West Asia, with refineries operating at high capacity and adequate stocks of petrol, diesel and LPG maintained across the country.
Fresh cherries from the orchards of Kashmir are now reaching markets in Mumbai and Gujarat within hours instead of days, thanks to a record fruit-loading drive by Northern Railway's Jammu Division.
At close, the Sensex was down 7.25 points, or 0.01%, at 80,710.76, while the Nifty gained 6.70 points, or 0.03%, to end at 24,741. Both BSE Midcap and Smallcap indices finished flat.
The NITI Aayog report projected that domestic supply will reach 30.59 MT by 2030 and 45.79 MT by 2047 under a business-as-usual scenario. However, with strategic interventions, output could climb to 48.44 MT by 2030 and 63.64 MT by 2047.
As per the report, the government has estimated the net fiscal impact of GST rates rationalisation at Rs 48,000 crore on an annualised basis
The leading public sector bank said that it will report the fraud classification to various authorities as required by law, including the Reserve Bank of India (RBI).
The GST reforms can moderate CPI inflation in the range of 65-75 bps over FY26-27, an SBI report has said, adding that the simpler GST 2.0 system unleashes plethora of benefits in the form of consumption boost primarily from the middle class, low inflation, ease of business and ease of living.
