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The company reported gross disbursements of approximately Rs 19,500 crore in Q1FY27, marking a sharp increase from Rs 14,651 crore in the corresponding quarter last year. Sequentially, disbursements also improved from Rs 17,506 crore reported in Q4 FY26. Assets under management (

PC Jeweller share price jumped over 6% in morning trade on the BSE on Friday, 3 July, after the company said it witnessed healthy business growth in the first quarter of the current financial year (Q1FY27) and is set to become debt-free in the current quarter itself.PC Jeweller s

The closure applies to major US stock exchanges, including the New York Stock Exchange and Nasdaq, as well as the bond market. The bond market also ended trading early on Thursday, closing at 2 pm Eastern Time ahead of the long holiday weekend. The holiday schedule follows the st

In the domestic market, MCX silver futures for September 2026 delivery were up Rs 4,912 (2%) to Rs 2,38,216 per kg. Gold futures for August 2026 delivery rose by Rs 2,219, to Rs 1,47,977 per 10 grams. In the previous session, the two ended marginally lower. Following the data, tr

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TSMC has accelerated efforts to localize its supply chain in recent years, using joint development, joint validation, and long-term partnerships to help Taiwanese equipment, materials, and chemical suppliers enter the advanced semiconductor supply chain. The move is steadily buil

Microsoft unveiled plans for a new business unit called "Microsoft Frontier Company," which is aimed at helping large organizations move beyond pilot projects and turn AI investments into measurable business results. The initiative echoes new services offered by other AI firms li

Huge Snicko VAR call prolongs Ronaldo's last dance but ends Modric's - Published BBC commentator Steve Wilson called it "one of the biggest VAR decisions there has ever been". Trailing 2-1 to Portugal after a dramatic and chaotic second half, Croatia thought they had equalised wh

Just before the 2008 financial collapse, people believed that the US housing market was secure and booming, and that home prices would not fall. Banks increasingly issued subprime loans, riskier mortgages were given to borrowers with weaker credit, under the assumption that risin

Avenue Supermarts share price declined over 4% in early trade on Friday, after the company reported its business update for the first quarter of FY26. Avenue Supermarts shares dropped as much as 4.86% to ₹3,984.20 apiece on the BSE. Avenue Supermarts Ltd, the operator of the D-Ma

Indian benchmark indices Sensex and Nifty 50 opened sharply higher on Friday, led by gains in information technology (IT) stocks after softer-than-expected US jobs data strengthened hopes that the US Federal Reserve may refrain from raising interest rates in the near term. At 9:1

The anchor investor portion will be available for subscription on July 7, while the public issue will remain open from July 8 to July 10. The basis of allotment is expected to be finalised on July 13, with the company's shares likely to debut on the stock exchanges on July 15. Pu

IT stocks today: IT stocks extended gains on Friday, July 3, tracking broader gains in global technology shares after the sector received a much-needed reprieve from the heavy selling witnessed in recent weeks. Sentiment improved after a significant miss in US jobs creation eased

Global server demand is expected to stay strong through 2027, with implications for cloud operators, hardware makers, and data center customers worldwide. Large-scale buildouts, rising AI deployments, and high-performance computing demand are keeping supply chains tight, lifting

MOST POPULAR AI - AI and ML Nvidia floats double-dipping datacenter financing scheme What's better than getting paid once? Getting paid twice of course - AI and ML Companies that add more AI also add more people But doing so doesn't necessarily meet business needs - ai and ml Sof

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Listen to this article in summarized format The divergence has been striking. While the Nifty Smallcap 250 has gained 10% in 2026, the Nifty has fallen 6% over the same period. Even the sharp March correction, when the smallcap index tumbled 8% amid the Iran conflict, surging cru

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A decade in the making The roots of this trend go back roughly ten years, according to Anant Kharad, Director at Anand Rathi Investment Banking. During that period, many healthcare providers took in large amounts of private equity and growth capital, often in the range of $20-40

Speaking at a Banco de España conference in Santander, Spain, Daly said policymakers are weighing multiple possible paths for the economy. She noted that inflation could prove more persistent than expected, requiring the Federal Reserve to maintain a tighter policy stance. At the

Mother says new custodial sentences for daughter's rapists 'better' but still 'not enough' - Published The mother of one of two teenage girls who were raped in Fordingbridge, Hampshire has said four years' detention for the two boys convicted of the attacks is "better" but still

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Stock-picking hedge funds generated a 4% return in June. Funds that rely on fundamental analysis to evaluate companies delivered an 18.4% gain during the second quarter, marking their strongest quarterly performance in Goldman's records. Their year-to-date return stood at 17.4%.

The order book was fully pre-filled before the launch, allowing the ports-to-power conglomerate to execute the deal within 48 hours, including investor roadshows, according to sources. Domestic institutional investors accounted for 65% of the subscription, while global investors

According to a Reuters report, U.S. job growth slowed more than expected in June, while payroll figures for the previous two months were revised lower. Data released by the U.S. Labor Department on Thursday pointed to a cooling, yet still stable, labour market, prompting investor

Assets under management (AUM) rose 24% year-on-year to approximately Rs 5.46 lakh crore as of June 30, 2026, compared with Rs 4.41 lakh crore a year ago. The AUM increased by approximately Rs 36,900 crore during the first quarter of FY27. The company's deposit book stood at appro

The Knack Packaging IPO, which opened for subscription on Wednesday, 1 July, will close on Friday, 3 July. Ahead of the public issue, the packaging solutions provider raised ₹131.25 crore from anchor investors. The Knack Packaging IPO price band has been fixed at ₹161-170 per equ

Tata Motors PV announced on Thursday that Jaguar Land Rover’s retail sales fell 15.3% year on year (YoY) to 80,000 units in the April-June quarter of FY27. Sequentially, the luxury carmaker’s retail sales fell 13.8% from Q4 FY26. “Volumes were affected by temporary supply constra

Listen to this article in summarized format Sensex gained over 650 points, while Nifty 50 rose above 24,350 during Friday's trading session. The sharp gains added nearly Rs 2.4 lakh crore to the total market capitalisation of all companies listed on BSE, pulling it up to Rs 482 l

Supply chain financing platform Mynd Fintech, a subsidiary of M1xchange, has acquired fintech company C2FO India for an undisclosed amount. As part of the acquisition, around 100 employees and 140 clients of C2FO India will become part of Mynd Fintech’s operations. The combined e

Data compiled by ETMarkets shows that 11 stocks have delivered more than 100% returns over the past year while also witnessing a consistent rise in the shareholding of individual investors holding shares worth up to Rs 1 lakh between the September 2025, December 2025 and March 20

Listen to this article in summarized format The company said it delivered a strong operational performance in Q1 FY27, with consolidated revenue growing approximately 21% year-on-year (YoY). PC Jeweller added that it continues to make rapid progress towards its goal of becoming d

Listen to this article in summarized format Sources told The Economic Times that the Europe-headquartered Fortune Global 50 company is Mercedes-Benz. Under the agreement, HCLTech will manage the automaker's digital workplace and network operations. The contract was previously han

Instagram running ads promoting child sexual abuse material in India, BBC finds - Published Warning: This story contains descriptions of abuse Instagram has been running paid adverts promoting child sexual abuse material in India, a BBC Eye investigation has found. The ads, seen

Listen to this article in summarized format On Thursday, PNB released the business update, for the April-June quarter of the ongoing financial year 2027. While global advances grew around 13% YoY from Rs 11.30 lakh crore in the corresponding quarter of the previous financial year

China's state media is increasingly framing large-capacity electric vehicle (EV) batteries as a policy issue, not just a market trend. The messaging points to two priorities: reducing fiscal strain from EV incentives and strengthening state control over strategic materials and pr

The death toll from twin earthquakes that struck Venezuela rose to 2,595, Acting President Delcy Rodríguez said Friday, an increase of 300 from the previous day, as rescue operations continued for more than a week after the country's strongest tremors in over a century. The gover

Over the past month, Nifty is up 3.3%, outpacing Nasdaq, which has slipped 3%, and Taiwan, which has gained a more modest 1.2%. The starkest reversal is in Korea, where the Kospi has tumbled 13% in the same period — a market that, until recently, was the poster child of the globa

IHH Healthcare (“IHH”), a multinational healthcare provider, along with its subsidiary Fortis Healthcare, has announced the winners of the inaugural IHH Catalyst | Fortis India Edition, an initiative aimed at supporting healthcare innovation and entrepreneurship in India. At the

The Indian rupee opened 19 paise higher at 95.20 against the US dollar on Friday, 3 July, snapping a four-session losing streak as a weaker US dollar boosted emerging market currencies. The US dollar index, which tracks the greenback against a basket of six major currencies, slip

The total dollar value of the trades was somewhere between $600 million and $1.86 billion, according to his financial disclosure for 2025, which lists values in broad ranges. Many of the transactions involve large companies that have business with the federal government. Trump av

Gold price today: Positive global cues and easing expectations of aggressive rate hikes by the US Federal Reserve boosted precious metals, with gold and silver prices on the MCX jumping up to 2% on Friday, 3 July, morning. MCX gold August futures were 1.44% up at ₹1,47,860 per 10

Pharma stocks have a positive long-term outlook due to rising healthcare demand, an ageing population, increasing lifestyle diseases, and growth in domestic as well as global medicine markets. Indian pharmaceutical companies may benefit from expansion in generic drugs, specialty

Vinit Mobile IPO Allotment: The initial public offering (IPO) of Vinit Mobile saw robust investor participation, and attention has now turned to the IPO allotment date, which is expected to be finalised today, July 3. The issue was open for subscription from June 30 to July 2. Wi

On July 2, four stocks from the Nifty500 pack closed more than 1.5% above their VWAP (Volume Weighted Average Price), signalling potential bullish momentum, according to technical scan data from StockEdge.com. A close above the VWAP indicates that the stock ended the session at a

Listen to this article in summarized format Improved digital access, greater regulatory oversight and rising awareness are accelerating retail participation in the bond market. Reflecting this shift, online bond platform Jiraaf has recorded nearly 15x growth over the past two yea

Listen to this article in summarized format One such provision, which has sparked considerable discussion on social media, allows eligible NRIs residing in countries such as Dubai (UAE), Singapore and Mauritius to pay no capital gains tax in India on mutual fund investments, subj