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- US-Iran war: Tensions flare despite truce as US strikes Qeshm Island
Fresh hostilities erupted after Iran launched missiles and drones toward regional targets, prompting interceptions by US and allied forces. Washington responded with "self-defence" strikes on Iran's Qeshm Island.
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- IT stocks exhibit signs of caution after Infosys, Wipro ADRs fall up to 8%
Indian IT stocks, Infosys Ltd., TCS Ltd., Tech Mahindra Ltd., and broader market names like Persistent Systems Ltd. and Coforge Ltd. will remain in the spotlight on Wednesday, June 3, after a strong upmove seen over the last two trading sessions.
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- COMEX gold, silver slip as rising oil prices fuel inflation concerns
Gold and silver prices traded
lower on Wednesday (June 3) as renewed tensions in the West Asia pushed crude oil prices higher, raising concerns that inflation could remain elevated and keep interest rates higher for longer.
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- India’s new silver import curbs: What tighter approval rules mean for shipments
India has tightened restrictions on silver imports by bringing grain, powder and other high-purity forms of the metal under a stricter regulatory framework and mandating prior valid import authorisation in a move aimed at curbing surging shipments and easing pressure on the rupee.
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- IMD warns of very heavy rain, thunderstorms across India; Southwest Monsoon set to reach Kerala on June 4
The southwest monsoon is expected to move closer to the Indian mainland on Wednesday, June 3, with the India Meteorological Department (IMD) saying conditions remain favourable for its onset over Kerala around June 4 and for its advance into parts of Kerala, Tamil Nadu, and Lakshadweep.
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- NHPC OFS opens for retail investors today — All you need to know
Shares of NHPC Ltd. are in focus as its offer for sale (OFS) opens for retail investors on Wednesday, June 3. At the end of the March quarter, retail investors held 8.28% stake in NHPC, as per data available on the stock exchanges.
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- Tropical Storm Jangmi cuts power to 60,000 homes, triggers flood warnings near Tokyo
Tropical Storm Jangmi brought heavy rain and strong winds across Japan, triggering flood warnings, disrupting flights and rail services, and leaving nearly 60,000 households without power as it moved toward Tokyo.
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- CMR Green Technologies IPO opens June 3: Should you subscribe? Here's what brokerages say
The initial public offering (IPO) of CMR Green Technologies, a non-ferrous metal recycler focused on aluminium and zinc die-casting alloys, will open for subscription on Wednesday, June 3, and close on June 5.
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- S&P 500 posts longest winning streak since 1995 as tech drives another record close
Benchmark indices on Wall Street posted yet another positive trading session on Tuesday, June 2, shrugging off uncertainties related to the Iran war and a stabilisation in crude oil prices above the mark of $95 a barrel.
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- Karnataka cabinet formation: D K Shivakumar likely to lead 13-member ministry with young faces
The new Congress government in Karnataka under CM-designate D K Shivakumar is expected to begin with a compact 13-member cabinet, with the party focusing on caste balance, regional representation and internal factional equations.
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- OYO Attempts To Go Public For The 3rd Time, Parent PRISM Secures SEBI Nod
OYO parent PRISM has received approval from the Securities and Exchange Board of India (SEBI) to proceed with its proposed initial public offering (IPO), sources told CNBC-TV18, moving the hospitality and travel technology firm a step closer to a public listing.
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