Stock Market Today Live Updates: Sensex, Nifty eye higher opening as oil prices ease on Iran-Oman talks

Indian stock markets will remain in focus on Wednesday as investors assess whether falling crude oil prices can provide further support to equities after benchmark indices closed higher in the previous session. The Nifty 50 ended Tuesday at 24,334.55, gaining 115.50 points, or 0.48%, while the BSE Sensex rose 286.98 points, or 0.37%, to 77,656.09….

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Federal Bank shares fall post merger talks

In its clarification, Federal Bank said it evaluates opportunities for growth and expansion in the ordinary course of business. MUMBAI: Shares of Federal Bank closed 3% lower on Tuesday after reports that the lender was pursuing a merger with Jana Small Finance Bank, while Jana SFB fell 2% as sensex closed flat. Both banks later…

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RBI turns net buyer of dollars in June

Remittances rose 6.5% month-on-month to $2.5 billion in June, nearly 20% higher than a year earlier. MUMBAI: RBI turned a net purchaser of US dollars in June this year, buying $561 million in the spot and over-the-counter market after net sales of $6.1 billion in May and $3.6 billion in June 2025.According to the central…

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RBI turns net buyer of dollars in June

Remittances rose 6.5% month-on-month to $2.5 billion in June, nearly 20% higher than a year earlier. MUMBAI: RBI turned a net purchaser of US dollars in June this year, buying $561 million in the spot and over-the-counter market after net sales of $6.1 billion in May and $3.6 billion in June 2025.According to the central…

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BIS, comm min will work to support high-tech industries

Goyal also met a bunch of portfolio investors, including MUFG, Development Bank of Japan (DBJ), Mizuho, Morgan Stanley, Nomuraand Nippon Life. TOKYO: Amid concerns over some certification requirements, commerce and industry minister Piyush Goyal Tuesday said that BIS (Bureau of Indian Standards) and his ministry will work out a framework to support high-tech industries looking…

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For global scale banks, EAC-PM seeks mergers

Report’s findings show a significant turnaround in banking efficiency from FY15 to FY26. MUMBAI: A report published by the PM Economic Advisory Council has called for further consolidation of banks to create a few large institutions of similar size without compromising competition, as reforms over the past decade have sharply improved banking efficiency and reduced…

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