Wednesday, June 18

Business

Guarseed futures prices upsurge on spot demand
Business, News

Guarseed futures prices upsurge on spot demand

New Delhi, June 18: Guarseed prices rose by Rs 26 to Rs 5,083 per quintal in futures trade on Tuesday as speculators increased the size of their deals amid a strong trend in the spot market. Guarseed contract for July delivery rose by Rs 26, or 0.51 per cent, to Rs 5,083 per quintal on the National Commodity and Derivatives Exchange, with open interest trading in 51,990 lots. According to market sources, guarseed prices rose mainly due to speculators increasing their deals, strong trend in the spot market and lower supplies from producing regions.
Silver futures increase : Prices rose to ₹1,06,870/kg
Business, News

Silver futures increase : Prices rose to ₹1,06,870/kg

New Delhi, June 17: Silver prices rose by Rs 306 to Rs 1,06,870 per kg in futures trade on Tuesday as participants increased their bets. At the Multi Commodity Exchange, silver contracts for July delivery rose by Rs 306, or 0.29 percent, to Rs 1,06,870 per kg in a business turnover of 16,885 lots. Analysts said fresh deals by participants led to a jump in silver prices. Globally, silver was trading 0.33 percent higher at $36.43 per ounce in New York.
Coriander futures prices gain on heavy demand
Business, News

Coriander futures prices gain on heavy demand

New Delhi, June 16: Coriander prices rose by Rs 4 to Rs 7,034 per quintal in futures trade on Monday as speculators increased their positions in view of a firm trend in the spot market. Coriander contracts for July delivery on the NCDEX rose by Rs 4, or 0.06 per cent, to Rs 7,034 per quintal with a turnover of 16,460 lots. Market analysts said coriander prices rose due to a firm trend in the spot market and limited supplies from producing regions.
Yes Bank shares decay 14% in 10 days, slip below Rs 20; RBI extends Prashant Kumar’s tenure
Business, News

Yes Bank shares decay 14% in 10 days, slip below Rs 20; RBI extends Prashant Kumar’s tenure

Yes Bank shares continued their slide by 2 per cent on Friday and declined over 14 per cent in the last 10 trading sessions from the level of Rs 23.27 on June 03. Yes Bank Ltd shares continued their slide by 2 per cent on Friday and declined over 14 per cent in the last 10 trading sessions. However, the Reserve Bank of India (RBI) has extended the tenure of Prashant Kumar as the Managing Director and CEO of Yes Bank, according to an exchange filing. "We wish to inform that RBI vide its letter dated June 12, 2025 has approved the extension of the tenure of appointment of Shri Prashant Kumar as Managing Director and CEO for a period of six months from October 6, 2025 or till the appointment of a new Managing Director and CEO/successor, whichever is earlier," the filing said.  ...
Paytm shares downturn 10% amid massive sell-off; know why the stock plunged
Business, News

Paytm shares downturn 10% amid massive sell-off; know why the stock plunged

Shares of One97 Communications, the parent company of payment solutions provider Paytm, fell 10% on the National Stock Exchange and hit an intraday low of Rs 864.40. Shares of Paytm fell 9.97% on the BSE and hit an intraday low of Rs 864.20. This sharp fall in Paytm shares came after the Finance Ministry dismissed speculations of the implementation of Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions. The Finance Ministry said in a post on social media on Wednesday, "Speculations and claims of imposition of MDR on UPI transactions are completely false, baseless and misleading. Such baseless and sensational speculations create unnecessary uncertainty, fear and doubt among our citizens. The government is fully committed to promote digital payments through UPI....
Silver futures rose: Prices rise to ₹1,06,107/kg
Business, News

Silver futures rose: Prices rise to ₹1,06,107/kg

New Delhi, June 12: Silver prices rose by Rs 715 to Rs 1,06,107 per kg in futures trade on Thursday as participants increased their bets. At the Multi Commodity Exchange, silver contracts for July delivery rose by Rs 715, or 0.68 percent, to Rs 1,06,107 per kg in a business turnover of 19,263 lots. Analysts said fresh deals by participants led to a jump in silver prices. Globally, silver was trading 0.16 percent higher at $36.31 per ounce in New York.
KISNA’s Northeast foray aligns with broader push for regional retail growth
Business

KISNA’s Northeast foray aligns with broader push for regional retail growth

KISNA Diamond and Gold Jewellery has launched its diamond collection at Usha Jewellers in Moranhat, near Dibrugarh, Assam. The expansion is part of KISNA’s wider strategy to deepen its footprint in Tier 2 and Tier 3 cities, aligning with national objectives of decentralizing economic activity and boosting consumer access in semi-urban markets. Backed by the Hari Krishna Group, KISNA’s vertically integrated mine-to-market model supports the government’s push for transparency, ethical sourcing, and localized employment. With over 1,500 retail partners and 80+ exclusive showrooms across 29 states, the brand’s foray into the Northeast reflects confidence in the region’s growing purchasing power and market maturity. KISNA’s introductory offer — up to 100% off on making charges of diamond...
Aluminium futures prices gain on fresh deals
Business, News

Aluminium futures prices gain on fresh deals

New Delhi, June 11: Aluminium prices on Wednesday rose by Rs 1.85 to Rs 243.05 per kg in futures trade as speculators created fresh deals amid a positive trend in the spot market. Aluminium contracts for July delivery on the Multi Commodity Exchange rose by Rs 1.85, or 0.77 per cent, to Rs 243.05 per kg in a business turnover of 968 lots. Analysts said fresh deals by traders amid demand from consumer industries supported aluminium prices in the futures market.
IRB Infra’s toll revenue jump nearly 9% to Rs 581 crore in May; stock jumps 3%
Business, News

IRB Infra’s toll revenue jump nearly 9% to Rs 581 crore in May; stock jumps 3%

IRB Infrastructure on Monday reported a year-on-year growth of nearly 9% in its toll revenue to ₹581 crore in May 2025. Revenue from toll collection business stood at ₹536 crore in the same month last year, IRB said in an exchange filing. Of its 17 tolls, IRB MP Expressway in Maharashtra contributed the major share of ₹159.5 crore to the total revenue collection in April, up from a contribution of ₹152.6 crore in May 2024.  With ₹73 crore, IRB Golconda Expressway (Hyderabad ORR) was the second-largest contributor to revenue in May 2025, up from ₹62.7 crore last year. IRB Ahmedabad Vadodara Super Express Tollway's contribution increased to ₹68.7 crore from ₹64.5 crore in May 2024, making it the third-largest contributor to the total toll collection. Last year, the company added TOT...
Silver futures prices gain: Prices rise by Rs 65
Business, News

Silver futures prices gain: Prices rise by Rs 65

New Delhi, June 9 Silver prices rose by Rs 65 to Rs 1,05,524 per kg in futures trade on Monday as participants increased their bets.On the Multi Commodity Exchange, the price of silver contracts for July delivery rose by Rs 65, or 0.06 percent, to Rs 1,05,524 per kg in a business turnover of 21,115 lots.Analysts said fresh deals by participants led to the rise in silver prices. Globally, silver was trading 0.21 percent higher at $36.05 per ounce in New York.