Market News
Stay updated with the latest market trends, earnings, and economic indicators.
SBI wanted to change cash-counting staff at Ram temple 3 months ago: Sources
State Bank of India reportedly sought to replace cash-counting staff at the Ayodhya Ram temple three months ago due to suspicions of fund diversion, but the Shri Ram Janmabhoomi Teerth Kshetra Trust allegedly intervened. An FIR was filed, and eight individuals have been arrested following an SIT report, with significant cash and foreign currency seized from several accused.
Used-car market enters new era: Why more Indians are choosing used cars despite rising incomes
India's used car market is booming, projected to hit $70 billion by FY31 as buyers increasingly choose pre-owned vehicles for value and smart ownership. Consumers now seek quality and convenience, with many first-time buyers entering the market through used cars. Organized players are building trust through certification and digital platforms, offering a new-car-like experience. Faster vehicle replacement cycles will further fuel this significant market expansion.
AI isn't the biggest regulatory worry for Indian startups, data governance is: Survey
The study, based on a survey of 550 ecosystem participants, including 350 startups, 100 venture capital (VC) firms and 100 incubators, shows that 44% of respondents identified data governance and digital trust regulations as their primary regulatory concern.
At Sid’s Farm, the pursuit of milk begins with uncompromising standards
Sid's Farm is strengthening consumer trust through rigorous daily quality checks and a parent-first approach to dairy production. The company invests over ₹15 lakh every month in antibiotic residue testing while rewarding farmers for maintaining quality standards. Its #HoldUsToIt campaign encourages consumers to question and verify its practices, promoting transparency over traditional brand promises. By aligning supply-chain integrity with food safety, Sid’s Farm aims to set a new benchmark for trust in India's dairy sector.
FRAI urges govt to intensify crackdown on counterfeit products, illicit trade
Retailers are urging the government to intensify efforts against illegal trade and fake products, citing risks to consumer safety and the livelihoods of small businesses. The Federation of Retailers Association of India (FRAI) has called for stricter enforcement, tougher penalties, and greater accountability from online marketplaces. They highlighted a significant rise in counterfeit goods across various sectors, impacting fair competition and consumer trust.
Banks draw up cyber defence strategies to tackle AI risks
Indian banks are bolstering cybersecurity with a four-pillar strategy against advanced AI threats. Focusing on code and identity protection, AI-driven threat detection, micro-segmentation, and zero-trust architecture, lenders aim to counter AI models that can autonomously find software flaws. Plans submitted to the RBI emphasize greater control over critical software and enhanced protection of digital keys and identities, preparing for a new era of cyber risks.
JSW Infra launches QIP with promoter stake sale to raise up to ₹7,503 crore
The share offering consists of a total of up to 263.25 million shares, including a fresh issue of 230 million shares under the QIP for a total of ₹6,555 crore and an offer for sale of up to 33.25 million shares worth ₹948 crore by the promoter Sajjan Jindal Family Trust.
Trust MF CIO sees revival in corporate cycle, stays bullish on mid and smallcaps
Mihir Vora, Chief Investment Officer at Trust Mutual Fund, remains bullish on renewable energy, with a preference for solar, and is betting on transmission and distribution companies as well as commercial clean energy suppliers catering to sectors such as data centres.
Voltas sells one million AC units in first quarter of FY27
Voltas has achieved a significant milestone, selling one million room air conditioners in the first three months of the 2026-27 financial year, a record for the company. This success, attributed to a refreshed product line and strong consumer trust, reinforces Voltas' leadership in India's competitive AC market. The industry anticipates robust sales this year following a subdued 2025, with demand boosted by intense heatwaves and strategic company initiatives.
Affordable housing, rental expansion and RERA Reforms set to define next growth phase in India's urban region: Report
India's housing sector is set for a major overhaul, driven by urbanization and policy shifts. A KPMG report highlights the urgent need for affordable housing, especially for lower-income groups, by addressing land costs and approval delays. The rise of rental housing as a formal asset class is also emphasized, alongside crucial reforms to boost trust and efficiency in the real estate regulatory framework, ensuring project completion and buyer protection.
Digital gold players ramp up audits, vault checks to boost transparency amid regulatory scrutiny
Digital gold providers are enhancing transparency with independent audits and vault checks, aiming to build trust as the sector serves 80 million customers. Industry bodies like DPMACI and IBJA are establishing standards for physical gold backing and regular inspections. Despite a recent import duty hike, digital gold transactions remain robust on UPI, indicating sustained investor interest in this accessible investment avenue.
Som Distilleries & Breweries Ltd leads losers in 'B' group
Shiva Texyarn Ltd, RRIL Ltd, Industrial Investment Trust Ltd and Mahalaxmi Fabric Mills Ltd are among the other losers in the BSE's 'B' group today, 19 June 2026.