๐ฐ India Business Brief: Top Headlines for June 30, 2025
Published: 2025-06-30 19:06 IST | Category: Markets | Author: Abhi
News Headlines from Business News Agencies:
Business Standard
- ๐ Fiscal deficit for April-May FY26 stands at 0.8% of the full-year target, as per CGA data.
- ๐ Indian financial system remains resilient amid global uncertainty, states an RBI report.
- ๐ Investment bankers garnered โน104 crore from the HDB Financial IPO.
- ๐ Hindustan Zinc contributed โน18,963 crore to the government exchequer in FY25.
- ๐ Government maintains unchanged interest rates on small savings schemes for Q2.
- ๐ Cloud kitchen operator Curefoods' investors are reportedly seeking exits ahead of its IPO.
- ๐ Stock market snaps four-day rally; Sensex falls 452 points on June 30, 2025, as investors book profits.
- ๐ Nifty PSU Bank emerges as the top sectoral gainer, up 2.66%, with strong performances from public sector banks.
- ๐ ITD Cementation, Asian Paints, BHEL, RVNL, Titagarh Rail System, NTPC, TVS Holdings, and Waaree Energies are among the top stocks to watch.
Economic Times
- ๐ India's factory output growth slows to a nine-month low of 1.2% in May.
- ๐ India's April-May fiscal deficit narrows to 0.8% of FY26 aim, at โน13,163 crore.
- ๐ Gross GST collections doubled in five years to hit a record โน22.08 lakh crore in FY25.
- ๐ Vodafone Idea expands 5G coverage to 23 more cities across India.
- ๐ RBI helps government post revenue surplus in April-May.
- ๐ Sona Comstar plans to build EV magnets in India soon.
- ๐ HCLTech and OpenAI collaborate to drive large-scale enterprise AI adoption.
- ๐ Meta asks investment advertisers to verify with Sebi registration information.
- ๐ Mazagon Dock Shipbuilders approves the acquisition of a controlling stake in Colombo Dockyard PLC, Sri Lanka, for $52.96 million.
- ๐ Reliance Power is bidding in global tenders for a 1,500-MW gas-based power project overseas.
- ๐ NTPC Green Energy fully commissions the 220-MW Shajapur Solar Project (Unit-II).
Mint
- ๐ India's industrial production rises 1.2% in May.
- ๐ India's GST collections hit an all-time high of โน22.08 lakh crore in 2024-25.
- ๐ As US trade deal nears, India reviews timing and scope of digital economy policy.
- ๐ IndusInd Bank picks three bankers for CEO role, requests RBI approval.
- ๐ Gold's 'core' problem: How it may be distorting inflation.
- ๐ Pvt firms to join government's 'panacea for small biz disputes'.
- ๐ Stock market today: Nifty 50 to see 25,500โ25,300 as crucial retracement support zones.
- ๐ Bharti Airtel, SBI Life Insurance Company, Bharat Dynamics, and NOCIL Ltd. are among the recommended stocks to buy.
- ๐ Gold prices experienced a slight decline due to easing geopolitical tensions and reduced demand for safe-haven assets.
- ๐ Motilal Oswal Financial Services recommends Federal Bank and Prince Pipes as top stock picks for the week starting June 30, 2025.
TAGS: Headlines, Business News, Economic Times, Business Standard, Mint, Top News
Tags: Headlines Business News Economic Times Business Standard Mint Top News