Author: Legal Parivar

Home loan interest rates and equated monthly installments (EMIs) will remain unchanged for borrowers as the Reserve Bank of India (RBI) decided to maintain the repo rate steady at 6.5 percent for the eighth consecutive time on June 7.

IRB Infrastructure Developers witnessed a nearly 4 percent surge in its shares on June 7 following a substantial increase in toll collections in May.

PB Fintech, the parent company of Policybazaar, saw its shares decline by over 2 percent on June 7 following a show cause notice issued by market regulator Sebi to company chairperson and CEO Yashish Dahiya regarding a Dubai investment made in 2022.

In its June monetary policy, the Reserve Bank of India (RBI) increased its real GDP growth forecast for FY25 to 7.2% from the previous 7%. This adjustment follows the robust GDP expansion of 8.2% in FY24, surpassing analyst expectations.

This order involves construction and installation work for the barrage complex and part of the head race tunnel (HRT) at the Rammam Hydro Electric Project in West Bengal, to be completed in 66 months, according to a regulatory filing.

TBI Corn shares made a stellar debut on the NSE SME today, opening at ₹198, a 110.64% increase from the issue price of ₹94.

The Reserve Bank of India’s Monetary Policy Committee (MPC) has announced that the repo rate will remain unchanged at 6.5 percent, as stated by Governor Shaktikanta Das on June 7.

On Thursday, an Indian company tribunal approved the merger of full-service carriers Vistara and Air India, according to an order dated June 6. This approval brings the Tata group airlines closer to finalizing the deal.

Oil prices continued to rise on Friday following indications from OPEC+ members Saudi Arabia and Russia that they might pause or reverse output agreements.

In May, Paytm accounted for 8.1% of total UPI transactions, down from 13% in January, according to data from the National Payments Corporation of India.