Business

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....

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.

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 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...

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.

New Delhi, Commerce and Industry Minister Piyush Goyal on Friday said India is receiving FDI from 112 countries, as against 89 in 2013-14. This shows the increase in the country's global appeal. Speaking virtually at the FDI roundtable here, he said the government is committed to making India the world's most preferred investment destination. Department of Industry and Internal Trade Promotion (DPIIT) Secretary Amardeep Singh Bhatia chaired the roundtable. Bhatia invited ideas and suggestions from investors to increase reinvestment in the country, improve industrial park infrastructure and explore new expansion opportunities. He highlighted the significant increase in FDI during 2024-25 to US$ 81.04 billion, representing a growth of 14 percent compared to FY 2023-24 (US$ 71.28...