Business

Markets slumped after Donald Trump declared the US-Iran interim agreement over, sending Brent crude sharply higher and denting investor sentiment.

The development assumes significance as the company has been trying to qualify as an Indian owned and controlled company (IOCC).

Indian currency strengthened as improved Strait of Hormuz traffic eased supply worries, while softer crude prices boosted market sentiment.

"With effect from August 1, 2026, the buyback from the open market through the stock exchange shall be less than fifteen per cent of the paid-up capital and free reserves of the company, based on both standalone and consolidated financial statements of the company."

The pulses sowing has also declined to 37.15 lakh hectares from 47.49 lakh hectares last year, the data showed.

The layoffs are part of a broader restructuring aimed at resetting Microsoft's gaming business amid mounting industry challenges.

India's Forex reserves dropped $5.654 billion to $666.933 billion during the week that ended on June 26, according to the RBI.

Silver snapped a four-day rally while gold edged lower amid a stronger greenback.

The Justice Department said the prosecution was legally unsustainable and denied reports that its decision was influenced by the Adani Group's proposed US investments.

The last date for application is July 8, and the bank expects to complete the entire process by December.

Companies like Dabur India, Godrej Consumer Products Ltd (GCPL) and Marico have reported strong business momentum in the June quarter.

CETA secures duty-free access for 99 per cent of India's exports to the UK, covering nearly the entire trade basket.

According to the complaint, the RTO conducted a special drive against illegal passenger transport on June 23, during which a bike ride was booked through Rapido app from Ravi Bhavan to Priyadarshini Colony for Rs 22, the official said.