Authorities have removed two smartphone applications, including the Chinese BAT-BMS app, from app stores following reports of e-rickshaws being remotely disabled. These apps, designed for battery management, were allegedly exploited to disrupt vehicles by connecting to unsecured Bluetooth-enabled battery systems. The government is urging app stores to enhance scrutiny to prevent the availability of such
According to estimates from Kpler, a global real-time data and analytics provider, India’s crude oil inventory stood at 104 million barrels at the end of June, up significantly from 90.5 million barrels at the end of April. With the closure of the Strait of Hormuz during the conflict threatening nearly 40% of India’s crude oil
Gold price prediction today: In today’s session, gold is exhibiting a bullish bias, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities, recommending a buy on dips strategy.
Stock market recommendations: ITC, and Ramco Industries – these are the top stocks to buy recommended by Bajaj Broking Research for July 3, 2026. Let’s take a look:
Russia is reportedly sourcing gasoline from India via international traders to counter fuel shortages stemming from Ukrainian attacks on its infrastructure. Nayara Energy, with a significant stake held by Russian oil giant Rosneft, is identified as a key supplier. While Indian officials state no direct sales, they acknowledge indirect sourcing through trading firms. This development
Danish brewer Carlsberg has confidentially submitted draft IPO papers for its Indian operations to Sebi. While the timing and progress depend on regulatory approvals and market conditions, the offering is understood to be a secondary share sale. This move signals a potential boost to the IPO market, which is seeing increased activity with other major
India’s economy is showing robust resilience, with strong GDP growth, expanding manufacturing and services, and healthy GST collections. Despite initial global uncertainties and a weaker monsoon, domestic demand and investment remain strong. Government’s sustained capital expenditure, particularly in infrastructure like railways, is front-loaded, boosting sectors like construction and transport, and signaling a positive economic outlook.
The Reserve Bank of India has firmly stated its opposition to legalizing cryptocurrencies, citing concerns about their potential to fund illicit activities like drug trafficking and terrorism. The central bank emphasized the challenges in regulating virtual digital assets, particularly for emerging economies like India. In contrast, the Institute of Chartered Accountants of India sees VDAs
The Indian rupee weakened against the dollar, closing at 95.4, as oil marketing companies reportedly resumed significant dollar purchases for upcoming crude oil imports. This renewed demand for dollars, despite positive global sentiment for Asian currencies and lower oil prices, has raised concerns about rupee volatility. Experts anticipate a potential return to stronger rupee levels
