Quick commerce race intensifies as Amazon, Flipkart level up MUMBAI: Amazon and Walmart’s Flipkart have made it clear that they are not going to play on the sidelines in India’s quick commerce battlefield. Big money, aggressive dark store expansion, discounts, cashbacks—everything is on the table. Listed players Eternal—which owns Blinkit—and Swiggy are jittery despite sitting … Read more
Axis Bank on Monday announced that its chief financial officer, Puneet Sharma, has resigned. Sharma, who has led the bank’s finance function since March 2020, stepped down on Sunday, June 28, and will remain with the lender until August 31. During his time at the private sector lender, Sharma served as the group head and … Read more
Which are the top stocks investors can look to buy today? Motilal Oswal Wealth Management Research Desk shares recommendations: (AI image) Stock market recommendations: Gokaldas Exports, and Reliance Industries (RIL) are the top stocks that Motilal Oswal Wealth Management Research Desk has chosen as ‘buy’ recommendations for the week starting June 29, 2026. Stock Name … Read more
Commerce and Industry minister Piyush Goyal is leading a business delegation to Greece as India seeks to deepen bilateral trade, investment and startup collaboration between the two countries. Commerce minister Piyush Goyal is leading a business delegation to Greece as India seeks to deepen bilateral trade, investment and startup collaboration between the two countries, PTI … Read more
Market participants will closely track manufacturing and services PMI data from major economies, Eurozone inflation numbers, and the US non-farm payrolls and unemployment figures for fresh cues on monetary policy. Gold and silver prices are expected to remain under pressure in the coming week as investors assess the impact of renewed tensions between the US … Read more
Vaishnaw said investments worth thousands of crores flowing into the Yamuna City region would help make Jewar the “Silicon Valley of North India”. Two electronics manufacturing projects involving a combined investment of about Rs 6,750 crore are expected to generate around 3,000 jobs and help transform Jewar into one of India’s leading electronics and semiconductor … Read more
Iran’s annual inflation rate surged to 88.6% in June, the highest in recent months, as the Middle East war intensified pressure on an economy already struggling with sanctions and years of hyperinflation. Iran’s annual inflation rate surged to 88.6% in June, the highest in recent months, as the Middle East war intensified pressure on an … Read more
Goldman Sachs and EY on Friday said that the easing of West Asia crisis and lower energy prices will be positive for the Indian economy, supporting growth, easing inflationary pressure and helping rein in fertiliser subsidy, which was seen to be double the budgeted level. “…with the recent downward revision in the oil price forecast… … Read more
Humble Re 1 retains coining glory despite rise of digital payments NEW DELHI: It will buy you a candy but not much else. The last time you probably searched for it may have been to settle a toss in a cricket match. Yet, despite a steady drop in its value, Re 1 remains the most … Read more
Among the biggest drags was Micron Technology, whose shares fell 5.5%. The memory-chip maker has been one of Wall Street’s biggest winners this year, with its stock roughly quadrupling as AI-driven demand boosted sales. Wall Street slipped on Friday as another sharp selloff in artificial intelligence (AI)-linked stocks outweighed gains across much of the broader … Read more