India’s FY26 GDP growth to slide to 6.2%: Nomura

India’s real GDP growth in FY26 will slide further to 6.2 per cent in FY26 from 6.5 per cent in FY25, a Japanese brokerage said on Monday. Illustration: Dominic Xavier/Rediff In a research report, Nomura said there is a “divergence”

Gautam Adani under US lens once again, WSJ reports

Adani Group on Monday said it does not handle any cargo coming from Iran or any Iranian-owned ship at any of its ports, as it denied any deliberate engagement in sanctions evasion. Photograph: ANI Photos In a stock exchange filing,

Tesla not interested in manufacturing electric cars in India: Kumaraswamy

Global EV giant Tesla is not interested in manufacturing cars in India but keen on establishing showrooms in the country, Union Heavy Industries Minister H D Kumaraswamy said on Monday. Photograph: Mike Blake/Reuters US President Donald Trump has said that

US Stock Market LIVE Updates: Dow Jones drops 215 points as global trade tensions rise to start the new month

US Stock Market LIVE Updates: US stocks are drifting lower on Monday (June 2) following some discouraging updates on US manufacturing, the area of the economy that President Donald Trump is trying to revive through his trade war and tariffs. The

Wall Street today: US stocks drop as Trump threatens tariffs on steel, aluminum imports

US stock indices opened lower on Monday after President Donald Trump announced plans to double tariffs on steel and aluminum imports. At the open, the Dow Jones Industrial Average fell 70.1 points, or 0.17%, to 42199.94. The S&P 500 fell

India’s manufacturing sector growth falls to 3-month low in May

India’s manufacturing sector growth fell to a three-month low in May, restricted by inflationary pressures, softer demand and heightened geopolitical conditions, a monthly survey said on Monday. Photograph: Rupak De Chowdhuri/Reuters The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index

Silver ETFs Gain Ground Over Gold In 2025

‘While investing in a silver ETF, one should be aware that it has historically exhibited higher price volatility than gold.’ Photograph: Kind courtesy Geizkragen69/Pixabay   Silver could soon gain favour among investors, especially as global trade deals are formalised. While

FPIs infuse Rs 19,860 cr in equities in May

Foreign investors continue to exhibit confidence in the country’s equity market, injecting Rs 19,860 crore in May driven by favourable global economic indicators and strong domestic fundamentals. Illustration: Dominic Xavier/Rediff This positive momentum follows a net investment of Rs 4,223

Weak guidance may hit Sun Pharma in FY26

Despite a healthy performance in the fourth quarter of 2024-25 (Q4FY25), the stock of India’s largest listed pharma company, Sun Pharmaceutical Industries (Sun Pharma), was under pressure on Friday due to a muted guidance. Image used for representation purpose only.

Niva Bupa Block Deal: Fettle Tone, Krishnan Ramchandra to sell 7.2% equity on Monday

Shares of Niva Bupa Health Insurance Company Ltd. will be in focus on Monday, June 2, as Fettle Tone and Krishnan Ramchandra are expected to pare stake via block deals on Monday (June 2). Fettle Tone and Krishnan Ramchandra may