Business

The Insolvency and Bankruptcy Code (IBC) is facing renewed scrutiny after the Supreme Court struck down JSW Steel’s ₹19,700-crore resolution plan for Bhushan Power and Steel. In a meeting with the Parliamentary Committee on Finance, top public sector banks raised serious concerns, warning that the ruling undermines the finality of the insolvency process and could…

Sachin Seth stresses the need for financial literacy and credit score education to make informed decisions and improve long-term financial health. Source

India Business News: The finance ministry is intensifying scrutiny of public sector undertakings through weekly capital expenditure reviews. These actions aim to safeguard Source

Today’s 18, 22 and 24 Carat Gold Prices in Chennai, Bangalore, Hyderabad, Mumbai, Delhi: The price of gold in India today is ₹9,938 per gram for 24 karat gold, ₹9,110 per gram for 22 karat gold and ₹7,454 per gram for 18 karat gold. Source

Amitabh Kant steps down as G20 Sherpa after three years, ready for new opportunities. He thanks PM Modi and ministers for their support. Source

India Business News: BENGALURU: Delhivery on Friday said it has brought more than half of Ecom Express’s volumes onto its platform and shifted all client contracts to what. Source

The terminal, which has a static storage capacity of 48,000 metric tonnes, was commissioned on July 3, 2025. As a result, there was no contribution to turnover or net worth from the unit as of March 31, 2025. Shares of Aegis Logistics Ltd ended at ₹749.40, up by ₹6.30, or 0.85%, on the BSE. Source

State Bank of India lowers interest rates on retail term deposits and savings accounts from June 15, impacting depositors and reflecting broader market trends. Source

India Business News: S&P Global Market Intelligence warns that India’s GDP growth could dip below 6.2% in FY26 if the US imposes a 25% tariff beyond September. This stems Source

Italian confectioner Ferrero, maker of Nutella and Kinder, is acquiring WK Kellogg for $3.1 billion, including Kellogg’s cereal brands. The deal is set to close later this year. Source