IBTimes

RBI injected over 1.41 lakh crore into the banking system through a seven-day Variable Rate Repo (VRR) auction after liquidity slipped into a deficit of nearly 20,000 crore. The move aims to ease short-term funding pressures caused largely by GST-related outflows

Gold and silver prices fell sharply on Tuesday as growing expectations of further US Federal Reserve rate hikes strengthened the US dollar and dampened demand for precious metals. On the MCX, gold dropped over 1 per cent, while silver plunged more than 3 per cent.

The Indian rupee opened slightly weaker at 94.69 against the US dollar despite support from lower crude oil prices and progress in US-Iran negotiations. Market focus has shifted from oil prices to the US Federal Reserve's policy outlook, with expectations of a September rate hike

The fall in crude prices boosted investor sentiment in equity markets and is expected to benefit oil-importing countries by reducing import costs, inflationary pressures, and current account deficits. However, analysts cautioned that geopolitical tensions in West Asia remain uncertain and require close monitoring.

The company also clarified that Full KYC is not mandatory for wallet reactivation and that cashback rewards are usually credited to a separate Gift Card Balance, not the wallet. Users facing issues with wallet closure are advised to contact customer support.

The central bank projected CPI inflation to rise gradually through the year, while MPC member Ram Singh noted that higher crude oil prices could significantly impact inflation and the current account deficit. However, easing tensions in West Asia and a decline in crude oil prices are expected to support inflation moderation going forward.

Addressing shareholders at Reliance Industries' 49th Annual General Meeting (AGM), Ambani said Jio Platforms' draft red herring prospectus (DRHP) has been approved by the company's board and will be filed with market regulator Sebi later today.

NSE has disclosed in its IPO draft papers that a petition pending before the Bombay High Court seeks a stay on its proposed IPO and demands greater disclosure of its shareholding structure, including details of promoter groups, shareholders and ultimate beneficial owners. NSE said it believes the petition lacks merit

NSE has disclosed in its IPO draft papers that a petition pending before the Bombay High Court seeks a stay on its proposed IPO and demands greater disclosure of its shareholding structure, including details of promoter groups, shareholders and ultimate beneficial owners. NSE said it believes the petition lacks merit

In its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI), NSE highlighted its significant dependence on trading revenues, particularly from the derivatives segment.

NSE, the country's largest stock exchange, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on 17 June 2026, paving the way for its much-anticipated stock market debut.

Gold futures dropped over 1.3 per cent to around 1.52 lakh per 10 grams, while silver futures declined nearly 3 per cent to 2.45 lakh per kg. Market sentiment weakened after the Fed kept interest rates unchanged but signalled the possibility of further rate hikes, boosting the US dollar and Treasury yields.