Ather Energy Confirms ₹2,500 Crore Fundraising Plan In an exchange filing, Ather Energy stated that its Board of Directors, at its meeting held on June 12, 2026, approved a proposal to raise funds of up to ₹2,500 crore through the issuance of eligible securities. The proposed fundraising includes:…
Credit Card Penetration Remains Low in India According to Bhavesh Jain, Managing Director and CEO of TransUnion CIBIL, India currently has approximately 5.2 crore credit cardholders, representing only about 25% of the country's 25 crore credit-active consumers. The report compares India's penetration with several global markets: Country Credit…
Graphite India Share Price Movement On July 9, 2026, Graphite India shares traded higher in early afternoon trade following the company's restructuring announcement. As of 12:11 PM, the stock was trading around ₹578.85, up approximately 0.7% from the previous close. Despite the intraday gains, the stock has declined…
Who Is Eligible for an EPS Monthly Pension? Under the Employees' Pension Scheme (EPS) 2026, employees become eligible for a regular monthly pension if they satisfy the following conditions: Complete at least 10 years of pensionable service Attain the retirement age of 58 years Employees also have the…
ITR-5 Excel Utility Now Available The Income Tax Department has made the ITR-5 Excel utility available on its official e-filing portal for AY 2026-27. The offline utility enables eligible taxpayers to prepare their income tax returns without requiring continuous internet connectivity. Once the return is completed and validated,…
Oil Prices Move Higher Amid Geopolitical Tensions Crude oil prices strengthened during Thursday's trading session as markets reacted to renewed military developments in the Middle East. Brent crude futures rose around 1% to approximately US$78.80 per barrel, while U.S. West Texas Intermediate (WTI) crude gained about 1.01% to…
Shares Make Weak Stock Market Debut Waterways Leisure Tourism Limited began its journey on the stock exchanges with a disappointing listing performance. The company's shares were listed at ₹681 apiece against the issue price of ₹808, translating into a listing discount of nearly 16%. The debut reflected cautious…
Government Plans Fresh Changes to Gold Monetisation Scheme The Centre is exploring a revised framework for the Gold Monetisation Scheme to improve participation after the earlier version generated limited response. As per the Moneycontrol report, the proposed changes would allow jewellers to serve as authorised collection partners for…
The Uttar Pradesh government is promoting dairy entrepreneurship through the Mini Nandini Krishak Samriddhi Yojana, launched under the Nand Baba Milk Mission. The scheme offers financial assistance to eligible farmers and entrepreneurs who wish to establish small dairy units using indigenous cow breeds. With a subsidy of up…
BSE 500 Witnesses Broad Market Strength Indian equities witnessed strong stock-specific momentum on July 1 as several companies extended their ongoing uptrend. Nineteen constituents of the BSE 500 Index reached fresh lifetime highs during intraday trading, reflecting continued investor interest across multiple industries. The rally highlighted the resilience…