From IOC To HPCL: OMC Stocks Plummet Upto 2.63% Amid Rising Crude Oil Prices

OMC Stocks: The shares of oil marketing companies (OMCs) declined over 2% on Monday, June 29, after the US and Iran exchanged fresh strikes over the weekend, triggering a spike in crude oil rates.BPCL turned the biggest laggard among OMC shares, falling 2.63%. Meanwhile, IOC decl Read More

Persistent Systems Stock Tanks Over 9% After Nagarro SE Acquisition Deal

Persistent Systems Share Price: The shares of Pune-headquartered Persistent Systems fell as much as 9.10% to hit an intra-day low of Rs 4,400.50 apiece after the company announced two strategic developments, including inking a 6.5-year strategic services deal worth over $650 mill Read More

Stock Market Opening Bell: Sensex Falls 0.06%, Nifty 50 Surges 0.02% – Here’s Why

Stock Market Opening Bell: The Indian benchmark stock market indices opened, following a mixed trend in global markets post fresh escalations in US-Iran war over the weekend.While Nifty 50 opened 0.02% higher at 77055.21 level, Sensex fell as much as 0.06% to 77055.21 level. Stoc Read More

Gold Slips As Fresh US-Iran Strikes Boost Oil, Fed Rate-Hike Bets Weigh

Gold prices eased on Monday as recent U.S.-Iran strikes in the Gulf pushed oil prices higher, while expectations of U.S. Federal Reserve interest rate hikes further weighed on the non-yielding metal.Spot gold was down 0.7% at $4,061.35 per ounce, as of 0242 GMT. U.S. gold futures Read More

Nifty, Sensex Eye Cautious Start As US-Iran Stand Down After Fresh Clashes

The Indian benchmark stock market bourses Nifty 50, and Sensex, are expected to witness a gap-down opening on Monday, June 29, after a mixed trend in global markets, observing caution after fresh US-Iran clashed over the weekend.Asian markets largely traded lower, while the US st Read More

EPFO Interest Credit Delay? Here Are 4 Simple Ways To Check Your Provident Fund Balance

Salaried workers across India are tracking their retirement accounts closely after the central government formally approved the 8.25% interest rate on Employees’ Provident Fund (EPF) deposits.Because the massive payout process rolls out in structural phases across more than seven Read More

8th Pay Commission: What Are The Three Salary Hike Scenarios Being Discussed By Govt?

The 8th Central Pay Commission is currently evaluating three different salary hike scenarios as it moves ahead with critical structural discussions to overhaul the pay and pension system for millions of public sector beneficiaries.The ongoing consultations, led by the newly forme Read More

Volkswagen Mulls Over 1,00,000 Job Cuts, 4 Plant Closures In Mega Overhaul

Volkswagen is considering shutting four German factories and ramping up job cuts to as many as 1,00,000, two people familiar with the matter said on Friday, in what could be the biggest ever overhaul in the industry. Members of VW’s supervisory board have been informed of the pla Read More

‘We Are 99% There’: US Envoy Gor on India-US Trade Pact; Says H-1B Not Targeting Indians

India and the United States are on the verge of signing a major trade agreement, with negotiators now working to clear the final one percent of the deal, US Ambassador to India Sergio Gor revealed.The upcoming pact follows intensive face-to-face talks between high-level trade tea Read More

US Court Refuses To Drop Gautam Adani Indictment; Orders DOJ To Explain Dismissal Move

A United States federal court has refused to immediately approve the Department of Justice’s request to drop criminal charges against Indian billionaire Gautam Adani and seven others, demanding that prosecutors fully explain why they want to walk away from the case.US District Ju Read More