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No need for repo rate hike in this policy, RBI can use short-term rate tools to manage rupee says SBI Report

The Reserve Bank of India (RBI) does not need to raise the repo rate in the upcoming monetary policy to manage pressure on the rupee, according to a report by SBI Research.

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Business June 1, 2026 · 10:34 am

Univastu India Limited Delivers 42.16% Revenue Growth and 65.55% Rise in Net Profit in FY26

Pune (Maharashtra) [India], June 1: Univastu India Limited announced its audited financial results for the fourth quarter and full year ended March…

Business June 1, 2026 · 10:31 am

NSE’s EGR Launch Gives Indian Gold Buyers a New Choice. The Right Format Depends on the Purpose

Mumbai (Maharashtra) [India], June 1: The launch of Electronic Gold Receipts on the National Stock Exchange has added another regulated route for…

Business June 1, 2026 · 10:30 am

Crude oil prices rise over 2% as Israel expands Lebanon offensive

U.S. crude futures rose $2.37 or 2.71% to $89.73 a barrel as of 0028 GMT. Brent futures rose $2.16 or 2.37% to…

Business June 1, 2026 · 10:25 am

LaennecAI launches Zorgm Pro: A free medical education answer engine built by doctors, for doctors

Mumbai (Maharashtra) [India]/ London [UK], June 1: LaennecAI today announced the launch of Zorgm Pro, a free medical education answer engine for…

Business June 1, 2026 · 10:21 am

Digilogic Systems Limited Logs Highest Ever Profits

Hyderabad (Telangana) [India], June 1: Digilogic Systems Limited, India's trusted technology partner for Test, Measurement and Simulation solutions for Defence and Aerospace…

Business June 1, 2026 · 10:19 am

Supermicro Launches New Server Solutions with Intel Xeon 6+ Processors to Reduce TCO and Accelerate Time-to-Online for Large-Scale Cloud and Data Centers

San Jose (California) [US]/ Taipei [Taiwan], June 1: Super Micro Computer, Inc (NASDAQ: SMCI), an AI, Enterprise, Storage, 5G/Edge total solution provider…