RBI Advises Banks to Integrate DoT’s Financial Fraud Risk Indicator

RBI Advises Banks to Integrate DoT’s Financial Fraud Risk Indicator

Delhi, 2 July (H.S.): The Department of Telecommunications (DoT) has endorsed the Reserve Bank of India’s (RBI) advisory from June 30, 2025, mandating all commercial banks to integrate the Financial Fraud Risk Indicator (FRI) into their systems. This initiative marks a significant step in combating cyber-enabled financial fraud, emphasizing the importance of collaboration among various…

Stock market dips, investors lose 50 thousand crores

Stock market dips, investors lose 50 thousand crores

Delhi, 2 July (H.S.): The domestic stock market closed in the red today after experiencing daily fluctuations. Initially, trading began with gains as buying support lifted both the Sensex and Nifty indices. However, profit booking quickly led to a downturn, with the Sensex finishing down 0.34 percent and the Nifty down 0.35 percent. Selling pressure…

Jewelry market revives as gold and silver gain momentum

Jewelry market revives as gold and silver gain momentum

New Delhi, July 2 (H.S.): After several days of decline, the domestic jewelry market sees a significant uptrend today. Gold prices have risen by ₹920, reaching ₹1,000 per 10 grams. Silver prices also rose by ₹3,000 per kilogram. Consequently, 24-carat gold is trading between ₹98,410 and ₹98,560 per 10 grams across various markets, while 22-carat…

Stock market under pressure; Sensex and Nifty remain flat

Stock market under pressure; Sensex and Nifty remain flat

New Delhi, July 2(HS): The domestic stock market faced pressure in early trading today. Initially, there was an uptick with buying support boosting both Sensex and Nifty indices. However, profit booking soon led to declines. By 10 AM, the Sensex showed a slight gain of 0.03 percent, while the Nifty was down by 0.03 percent….

HDB Financial's stock market debut profits investors

HDB Financial's stock market debut profits investors

New Delhi, July 2 (H.S.) : HDB Financial Services, a subsidiary of HDFC Bank, debuted in the stock market today, generating excitement among IPO investors. Shares were launched at ₹740, and on their entry to the BSE and NSE, they experienced a listing gain of 12.84%, reaching ₹835. Following this, they climbed to ₹849.85 but…

Israel agrees to conditions for Gaza ceasefire says Trump

Israel agrees to conditions for Gaza ceasefire says Trump

Washington, July 2 (HS): President Trump announced that Israel has agreed to conditions for a proposed 60-day cease-fire with Hamas, although details of the terms are not specified. This statement precedes Prime Minister Benjamin Netanyahu’s upcoming visit to Washington. Trump’s announcement via Truth Social follows his push for an end to the ongoing conflict, emphasizing…

Supertech EV's stock struggles, hits lower circuit limit

Supertech EV's stock struggles, hits lower circuit limit

New Delhi, July 2(HS): Shares of Supertech EV, which manufactures electric two-wheelers and e-rickshaws, debuted poorly on the stock market today, disappointing IPO investors. Issued at ₹92, the shares opened at ₹73.60 on the BSE’s SME platform, a 20 percent decline. Selling pressure soon drove the stock down to the lower circuit level of ₹69.92,…

Dayana Yastremska defeats Coco Gauff at 2025 Wimbledon Championships first round

Dayana Yastremska defeats Coco Gauff at 2025 Wimbledon Championships first round

London, July 2 (H.S.): French Open 2025 champion Coco Gauff, faced a shocking exit in the first round of Wimbledon, losing to unseeded Ukrainian Diana Yastremska in straight sets 7-6(3), 6-1. The match occurred on Court No. 1 late Tuesday. Gauff is only the third woman in the Open Era to be ousted in the…

Paramount to pay Trump $16 million to settle lawsuit

Paramount to pay Trump $16 million to settle lawsuit

Washington, July 2(HS): Paramount Global announced it will pay $16 million to settle a lawsuit initiated by President Donald Trump concerning CBS’s 60 Minutes. The lawsuit alleged that the show deceptively edited an interview with then-presidential candidate Kamala Harris, thereby misleading U.S. voters. Despite opinions from legal experts suggesting Trump’s case was weak, Paramount opted…

Mixed signals from global market, mixed trading in Asia

Mixed signals from global market, mixed trading in Asia

New Delhi, July 2(HS): The global market is displaying mixed signals today. U.S. markets closed lower during the last session, with the S&P 500 down 0.11% at 6,198.01 and Nasdaq dropping 0.82% to 20,202.89. However, Dow Jones futures are up 0.23% at 44,596.36. The previous day’s European markets were similarly mixed; the FTSE increased by…