Monsoon breaks logjam at Porbandar, rain deficit grows to 10%

IMD sees fresh spell unfolding over central, north-west India during rest of week

Podcast | Droupadi Murmu-Who?

Watch | Hyundai venue 2022 review

Watch | Nifty Prediction for June 27-July 1, 2022

Watch | This Chennai start-up creates boards from agricultural husks

Portfolio podcast | Why should you take Mutual Fund nomination seriously

Portfolio podcast | Why should you take Mutual Fund nomination seriously

Parv Shah and Vishal Balabhadruni discuss the ins and outs of having Mutual Fund nominee in detail

Subscriber Exclusive

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Market correction: Decoding the fall and where to invest now

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Zomato-Blinkit deal: Quick commerce and late profits

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Why you should sell Paytm stock

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F&O Query: Should you buy HDFC Bank futures or call option?

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Relooking at MF nomination after SEBI’s latest guidelines

Top Gainers/Top Losers

Stocks

Commodities

Forex

Gold & Silver

Broker's Call: Bajaj Consumer (Buy)

Broker's call: Manappuram Fin (Buy)

USFDA audit: SEBI warns Aurobindo Pharma on non-compliance with disclosure norms

Equities gain nearly 1% on global cues; IT, Metals in focus

Bajaj Auto to launch ₹2,500-cr buyback offer

Crude oil edges up as G7 mulls price cap for Russian imports

Falling commodity prices cheer India Inc amid slew of headwinds

Copper prices slump over 15% so far this fiscal on recession fears

Chinese stimulus, Ukraine war likely to boost nickel in Q3

Crude oil futures trade lower on slowdown in US economy

Rupee ends almost flat at 78.34 against US dollar

Rupee gains 6 paise against US dollar in early trade

RBI for stability of the rupee, says Deputy Governor Patra

Rupee settles at all-time low of 78.33 against US dollar

Rupee recovers from record low, opens 12 paise up at 78.20 versus US dollar

Crude oil edges up as G7 mulls price cap for Russian imports

Falling commodity prices cheer India Inc amid slew of headwinds

Copper prices slump over 15% so far this fiscal on recession fears

Chinese stimulus, Ukraine war likely to boost nickel in Q3

Crude oil futures trade lower on slowdown in US economy

Opinion

Trending

SBI gets RBI nod to set up operations support subsidiary

Why you should sell Paytm stock

‘Turnaround man’ V Krishnamurthy is no more

Tatas’ Harish Bhat is among top ten CMOs in Forbes list

Books

Economy

More than a quarter of MSMEs lost market share due to pandemic

More than a quarter of MSMEs lost market share due to pandemic

Half of them suffered a contraction in their EBITDA margins because of a sharp rise in commodity prices

Inflation sparks global wave of protests for higher pay, aid

Inflation sparks global wave of protests for higher pay, aid

Economists say Russia's war in Ukraine amplified inflation by further pushing up the cost of energy, grains, cooking oils

Auto players battle for glory in the compact SUV segment with new launches

Auto players battle for glory in the compact SUV segment with new launches

Top firms such as Hyundai, Maruti Suzuki, others bring out new models; segment to grow faster, say industry experts

ICAR report highlights ways to fight heat wave, protect crops

ICAR report highlights ways to fight heat wave, protect crops

Suggestions include opting for the right crop varieties, bathing animals, adopting mulching technique

Agri Business

Monsoon breaks logjam at Porbandar, rain deficit grows to 10%

Cotton prices plunge to 6-month low in global market, further drop seen

BiofuelCircle raises $0.75 million in second round seed funding

Edible oil brand Sunpure is on expansion drive; to invest ₹365 crore in next two years

AgNext appoints Rohit Pajni as CBO

Bought Leaf Tea Manufacturers not to sell below the base price of ₹85

Kerala Agri Varsity gets funding for research and demonstration of drones

Money & Banking

Policy rate hikes to curb inflation in emerging markets; improve banks’ margins, says Moody’s report

Policy rate hikes to curb inflation in emerging markets; improve banks’ margins, says Moody’s report

However, a more rapid acceleration of inflation would necessitate higher loan-loss provisions, erasing margin gains, the report added

Kerala Financial Corp enhances limit of flagship entrepreneurial loan

Kerala Financial Corp enhances limit of flagship entrepreneurial loan

Up to ₹2 crore offered under CM’s Entrepreneurship Development Programme

RBI grants Prepaid Payment Instrument licence to Mufin Finance

RBI grants Prepaid Payment Instrument licence to Mufin Finance

The licence allows the company to launch digital payment solutions for lending

Credit cards spends, issuances touch new high in May

Credit cards spends, issuances touch new high in May

Retail economy strong, but rising interest rates could impact later

Mobavenue enables ₹1,000 cr loans to private banks, NBFCs

Mobavenue enables ₹1,000 cr loans to private banks, NBFCs

As the economy revives, the company sees demand for credit growing

Acemoney launches offline UPI, wearable ATM cards

Acemoney launches offline UPI, wearable ATM cards

They are gadgets designed as key chains, rings that enable people to carry out cashless transactions without ATM cards, phones

Markets

Poll Question

Will the merger of HDFC and HDFC Bank trigger a consolidation in the banking industry?

quicktake

Quick Take: Why the stock markets cheered, while bond markets sulked post Budget

Though the Budget had every excuse to announce some populist handouts ahead of upcoming State polls, it seems to have refrained

SBI gets RBI nod to set up operations support subsidiary

Why you should sell Paytm stock

‘Turnaround man’ V Krishnamurthy is no more

Tatas’ Harish Bhat is among top ten CMOs in Forbes list

SBI gets RBI nod to set up operations support subsidiary

‘Turnaround man’ V Krishnamurthy is no more

Canara Bank announces dividend of ₹6.50 per share

Watch | Nifty Prediction for June 27-July 1, 2022

Editor's pick

Explainer: What's the impact of a Russian debt default?

Explainer: What's the impact of a Russian debt default?

Russia has defaulted on its international debts for the first time since the Bolshevik Revolution of 1917

Equities gain nearly 1% on global cues; IT, Metals in focus

Equities gain nearly 1% on global cues; IT, Metals in focus

Sensex closes 433 points higher; Nifty above 15,800IT, Metals in focus; Smallcaps gain

The Hindu BusinessLine to host MSME growth conclave in Bengaluru on June 27

The Hindu BusinessLine to host MSME growth conclave in Bengaluru on June 27

Event will discuss how MSMEs can contribute more to the India growth story and re-imagine their businesses by leveraging technology and innovation

Three things to know how Monkeypox is mutating and spreading

Three things to know how Monkeypox is mutating and spreading

There have been more than 4,100 confirmed cases globally, including at least 13 in Australia

More than a quarter of MSMEs lost market share due to pandemic

More than a quarter of MSMEs lost market share due to pandemic

Half of them suffered a contraction in their EBITDA margins because of a sharp rise in commodity prices

Cotton prices to fall below Rs 30,000 a bale by the year-end

Cotton prices to fall below Rs 30,000 a bale by the year-end

Lower demand, firm US dollar outlook, recessionary fears and a better crop outlook expected to weigh on prices

Credit cards spends, issuances touch new high in May

Credit cards spends, issuances touch new high in May

Retail economy strong, but rising interest rates could impact later

Yashwant Sinha files nomination for prez poll

Yashwant Sinha files nomination for prez poll

NDA nominee Droupadi Murmu has already filed her nomination papers last week

Multimedia

Companies

Maruti Suzuki bets on hybrids over EVs in clean shift

Maruti Suzuki bets on hybrids over EVs in clean shift

Maruti plans to launch its first hybrid car under a partnership between its parent Suzuki Motor Corp and Toyota within 12 months

Spike in prices takes sheen out of premium paints

Spike in prices takes sheen out of premium paints

This situation might continue for another six months or so, says Mahesh S Anand, President, Nippon Paint (India)

Battery Smart raises $25 mn in Series A round led by Tiger Global

Battery Smart raises $25 mn in Series A round led by Tiger Global

Funds to be used for expansion in new markets, strengthen technology and build its team

Bajaj Auto to launch ₹2,500-cr buyback offer

Bajaj Auto to launch ₹2,500-cr buyback offer

Plans to buy from open market at a maximum price of ₹4,600 per share

B2B platform Solv raises $40 million in Series A funding round

B2B platform Solv raises $40 million in Series A funding round

Will use the funds to launch additional high-margin product categories and expand to more than 300 cities

More than a quarter of MSMEs lost market share due to pandemic

More than a quarter of MSMEs lost market share due to pandemic

Half of them suffered a contraction in their EBITDA margins because of a sharp rise in commodity prices

Info-tech

B2B platform Solv raises $40 million in Series A funding round

B2B platform Solv raises $40 million in Series A funding round

Will use the funds to launch additional high-margin product categories and expand to more than 300 cities

IN-SPACe authorises India’s first set of space start-ups to launch payloads

IN-SPACe authorises India’s first set of space start-ups to launch payloads

The space authority’s nod to Dhruva Space and Digantara marks the beginning of private space sector launches in the country

SAP to leverage Metaverse to accelerate cloud adoption in India

SAP to leverage Metaverse to accelerate cloud adoption in India

On the Metaverse platform, users will be able to get an outside-in view of SAP solutions

Email threats increase 101% YoY in 2021: Report

Email threats increase 101% YoY in 2021: Report

The report says 16.5 million phishing attacks were detected and blocked in 2021

PureVPN withdrawing its servers from India

PureVPN withdrawing its servers from India

The company is the fourth VPN service provider to withdraw its physical servers from India

Asia to post highest growth in app adoption over next 5 years, India to lead region: Report

Asia to post highest growth in app adoption over next 5 years, India to lead region: Report

Mobile app adoption in Asia will post a CAGR of 6.2 per cent and reach 88.3 billion first-time downloads by 2026

Portfolio

Zomato-Blinkit deal: Quick commerce and late profits

Zomato-Blinkit deal: Quick commerce and late profits

The acquisition does not turn the tables for now

Relooking at MF nomination after SEBI’s latest guidelines

Relooking at MF nomination after SEBI’s latest guidelines

From August 1, AMCs will provide those putting in fresh money in MFs with the choice of either providing nomination for their investments, or opt out

Simply Put: Reverse wealth effect

Simply Put: Reverse wealth effect

Central banks use this tool to cool the economy when inflation is red hot globally tweak policies to stimulate economy during times of high inflation

Market correction: Decoding the fall and where to invest now

Market correction: Decoding the fall and where to invest now

Steady fall in markets since October 2021 has thrown up valuable lessons and pockets of opportunities for long-term investors

Investors can again invest in international funds but...

Investors can again invest in international funds but...

...will be subject to the headroom available to MFs without breaching the overseas investment limits utilised by fund houses as on February 1, 2022

Weekly Rupee view: Rupee stays range-bound

Weekly Rupee view: Rupee stays range-bound

The domestic currency is not appreciating despite softening dollar

Videos from BusinessLine on Campus

Shiv Shivakumar's spirited lessons for MBAs entering corporate life

Shiv Shivakumar's spirited lessons for MBAs entering corporate life

Speaking at the grand finale of BLoC Boardroom Challenge 2021, he offers six insights to B-schoolers.

Masterclass on how to solve a business case by Vishwadeep Kuila

Masterclass on how to solve a business case by Vishwadeep Kuila

Speaking at the grand finale of BLoC Boardroom Challenge 2021, Kuila offers realistic advice to crack a case.

'Thinking about the future will help'

'Thinking about the future will help'

Mohammed Thaysir of Chennai Business School, says students shouldn't be stuck on just getting a job

Is your job a 100-metre dash or a marathon?

Is your job a 100-metre dash or a marathon?

Treat the first three years of your job as an extension of your management programme

'For an interview, prepare thoroughly about yourself'

'For an interview, prepare thoroughly about yourself'

Great Lakes Institute of Management student, Akanksha Ahuja gives you a few tips on acing interviews

'Don't ask the interviewer irrelevant questions'

'Don't ask the interviewer irrelevant questions'

Bharath Prasad, a graduate of GLIM, says it's better to not ask questions than asking half-baked ones

Slideshow

video

Maharashtra political crisis: Is this the end of the Maha Vikas Agadhi Govt?

Maharashtra political crisis: Is this the end of the Maha Vikas Agadhi Govt?

Radheshyam Jadhav gives an overview of the political crisis in Maharashtra and what to expect next.

Resources

Feb 01, 2022

Budget 2022-23: Speech of Finance Minister, Nirmala Sitharaman

Feb 01, 2022

Key feaures of Budget 2022-23

Jan 31, 2022

Full Text | Economic Survey 2021-22

Walking in Indian Cities – A Daily Agony for Millions

How ‘shopoholic’ UPL adds muscle with takeovers

Homegrown agrochem MNC UPL believes in collaborations to drive growth and revenue

Birla-Adani in cement slugfest to be top player

With housing and roads expected see a boom, cement makers will be jockeying for the top slot

Uday Shankar: In the reckoning again

Former Star chief is back in the game with IPL digital bid

Zomato-Blinkit deal: Quick commerce and late profits

The acquisition does not turn the tables for now

Relooking at MF nomination after SEBI’s latest guidelines

From August 1, AMCs will provide those putting in fresh money in MFs with the choice of either providing nomination for their investments, or opt out

Simply Put: Reverse wealth effect

Central banks use this tool to cool the economy when inflation is red hot globally tweak policies to stimulate economy during times of high inflation

Auroville: An utopian search for a better world

Akash Kapur’s ‘Better to Have Gone’ traces what happens when we believe deeply in a quest and give up everything in its pursuit

Lady doctors and the rocky path to healing

A handbook on India’s first women doctors holds up a mirror to the social and political realities of the 19th and early 20th century

Conquering Everest: A compelling account of how an impossible dream was achieved

Jim Davidson dwells in detail on the failure to make it in the first attempt and the harrowing return to physically and emotionally draining climb up