Business

Keep abreast on today’s most important business news. Investigate trends, insights, and professional research to maintain your company’s lead in a cutthroat industry.

Jan Dhan accounts cross 58 crore mark: Do you know the facilities available with these accounts? | Business

Jan Dhan accounts cross 58 crore mark: Do you know the facilities available with these accounts? | Business

New Delhi: The Pradhan Mantri Jan Dhan Yojana (PMJDY), which has become the nation's biggest symbol of financial revolution, has achieved a new milestone. Union Finance Minister Nirmala Sitharaman announced on Monday that the country's Jan Dhan accounts have crossed the 580 million (58 crore) mark. According to information shared by the Finance Minister's office on the social media platform 'X', these accounts have not only connected crores of underprivileged Indians to the country's formal banking system but have also positioned India as a role model in the fight against poverty and deprivation globally. 94% of adults now have their…
Read More
SBI vs PNB vs Canara: Which PSU bank is offering the highest interest on 2-year fixed deposit? | Personal-finance

SBI vs PNB vs Canara: Which PSU bank is offering the highest interest on 2-year fixed deposit? | Personal-finance

New Delhi: Even today, millions of Indian investors consider fixed deposits (FDs) the most reliable option for safe, guaranteed returns. Especially when it comes to public sector banks, everyone from senior citizens to working professionals prefers to deposit their hard-earned money in their lockers. Punjab National Bank (PNB) recently revised its interest rates for the first time in June 2026, changing the entire FD equation. If you're thinking of investing your savings for the next two years and are wondering which of the country's three largest public sector banks - State Bank of India, Punjab National Bank, and Canara Bank-…
Read More
Market Closing Bell: Sensex tumbles 719 points, Nifty near 23,100 as crude oil rises | Markets

Market Closing Bell: Sensex tumbles 719 points, Nifty near 23,100 as crude oil rises | Markets

Mumbai: Benchmark indices Sensex and Nifty ended the session lower on Monday, June 8, 2026, as international crude oil prices rose more than 4.8 per cent, trading above the USD 94 per barrel mark. The 30-share BSE Sensex dropped 719.08 points or 0.97 per cent, to settle at 73,524.26. The 50-share NSE Nifty slipped 243.70 points, or 1.04 per cent, to end at 23,123. During the day, the BSE hit a high of 73,934.35 and a low of 73,318.94, gyrating 615.42 points. The Nifty 50 recovered a bit from its intraday lows of 23,070, but failed to sustain momentum in…
Read More
FD interest rates: From SBI to HDFC, check interest rates offered by banks on fixed deposits | Personal-finance

FD interest rates: From SBI to HDFC, check interest rates offered by banks on fixed deposits | Personal-finance

Mumbai: Amid market volatility, fixed deposits (FDs) remain a good option for investors. The country's banking sector is offering good interest rates on FDs in June 2026. Some banks are offering their customers up to 8.10 per cebt annual interest on FDs. Therefore, it is important to check interest rates across different banks before making a final decision on your fixed deposit. SBI, HDFC Bank, ICICI Bank, and PNB are among the most preferred banks by investors for fixed deposits. However, many private and small finance banks are offering more attractive interest rates than the major banks. Interest rates offered…
Read More
E85 fuel: Why is it Rs 20 cheaper than normal fuel, and can your car use it? Find out here | Business

E85 fuel: Why is it Rs 20 cheaper than normal fuel, and can your car use it? Find out here | Business

New Delhi: Amid rising fuel prices in India due to tensions in the Middle East, the government is leaving no stone unturned to reduce dependence on crude oil, most of which is imported. At a time when crude oil prices remained higher, Union Petroleum and Natural Gas Minister Hardeep Singh Puri has launched E85 fuel in Delhi. While the price of normal petrol in the country is above Rs 100 per litre (Rs 102/litre in Delhi), this new E85 fuel has been launched at just Rs 82.12 per litre, which is about Rs 20 per litre cheaper than normal petrol.…
Read More
Metal stock below Rs 50 gains over 4% even as stock markets slump amid weak global cues, here’s why | Markets

Metal stock below Rs 50 gains over 4% even as stock markets slump amid weak global cues, here’s why | Markets

Mumbai: Shares of Rathi Steel and Power Ltd gained over 4 per cent on Monday, June 8, 2026, even as the stock market benchmark indices, Sensex and Nifty, tumbled over 1 per cent in early trade amid weak global cues and a fresh spike in crude oil prices due to fresh tensions in the Middle East. The action in the stock comes after the company informed exchanges about the successful trial run for hot charging of mild steel (MS) billets for manufacturing MS TMT rebars. The counter opened in green at Rs 19.60, representing a gain of Rs 0.53 or…
Read More
Gold falls below Rs 1.53 lakh per 10 grams on MCX after Iran, Israel engage in missile attacks | City-wise rates | Markets

Gold falls below Rs 1.53 lakh per 10 grams on MCX after Iran, Israel engage in missile attacks | City-wise rates | Markets

Mumbai: Gold Price Today, Gold MCX Rate: Rates of precious metals in futures extended losses on Monday, June 8, 2026, amid renewed hostilities in the Middle East. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a fall of Rs 1,417 or 0.91 per cent at Rs 1,54,177 per 10 grams against the previous close of Rs 1,55,594. It dipped further to an intraday low of Rs 1,52,712, down Rs 2,882 or 1.85 per cent. Last seen, it was trading at Rs 1,53,782 with a drop of Rs 1,812 or 1.16 per cent. In between, it…
Read More
Logistics stock to be in focus as company retains investment-grade credit ratings: What does it mean? | Markets

Logistics stock to be in focus as company retains investment-grade credit ratings: What does it mean? | Markets

Mumbai: Shares of Tiger Logistics, a global logistics player with expertise in handling domestic and international cargo import and export projects, will be in focus today, i.e., on June 8, 2026, as the company announced it has retained its investment-grade credit ratings from Infomerics amid market volatility and global trade disruption. According to the information shared with exchanges, Infomerics Valuation and Rating Limited has reaffirmed its long-term credit rating of IVR A- and short-term credit rating of IVR A2+ for bank facilities aggregating โ‚น45 crore. The rating agency has revised the outlook on the company to negative, citing profitability pressures…
Read More
CMR Green Technologies IPO Allotment Status: Check status online on NSE, BSE, KFin Technologies, latest GMP | Markets

CMR Green Technologies IPO Allotment Status: Check status online on NSE, BSE, KFin Technologies, latest GMP | Markets

Mumbai: The initial public offering (IPO) of CMR Green Technologies Ltd has seen massive demand from investors during the three-day subscription window from June 3 to June 5, 2026. The focus has now shifted to the IPO allotment status of CMR Green Technologies. According to information available, the basis of allotment is expected to be finalised on Monday, June 8. Once the allotment is finalised, the company will credit the equity shares to the demat accounts of eligible investors and initiate refunds to unsuccessful bidders on the same day. The shares are expected to be credited in the accounts on…
Read More
Market Opening Bell: Sensex, Nifty tumble over 1% amid weak global cues, IT stocks under pressure | Markets

Market Opening Bell: Sensex, Nifty tumble over 1% amid weak global cues, IT stocks under pressure | Markets

Mumbai: Sensex, Nifty Today: Indian equity benchmark indices, the Sensex and Nifty, started the trading session on a negative note on June 8, 2026 amid weak global cues. While the 30-share BSE Sensex tumbledย  821.73 points or 1.10 per cent to start the session at 73,421.61, the Nifty shed 286 points to open at 23,080.70. In the last trading session, the Sensex closed at 74,243.34 and the Nifty 50 at 23,366.70. Similarly, the broader indices traded in the red in the opening session. While the BSE Midcap Select Index was down by 269.51 points, the BSE Smallcap Select Index dropped…
Read More