Business

Wholesale price inflation (WPI) fell to 0.39% in May as food, manufactured products, and fuel prices eased. WPI was 0.85% in April. Source

India Business News: Fitch Ratings has revised India’s GDP growth projection for the current financial year down to 6.3%, from its earlier estimate of 6.4%, while stating . Source

NCR Rail owns and operates a strategically located Private Freight Terminal (PFT) in Khurja, Uttar Pradesh, approximately 90 km from New Delhi and 40 km from the upcoming Jewar Airport. Shares of JSW Infrastructure Ltd ended at ₹312.20, down by ₹0.100, or 0.032%, on the BSE. Source

InCred Money to acquire South Asian Stocks Limited, entering the retail broking market and expanding its equities and derivatives trading offerings. Source

IGI Therapeutics SA, a wholly-owned subsidiary of Ichnos Glenmark Innovation (IGI)—an alliance between Glenmark Pharma and Ichnos Sciences Inc.—has signed an exclusive licensing agreement with AbbVie for IGI’s lead investigational asset, ISB 2001, Glenmark Pharma said in an exchange filing on July 10. ISB 2001 has been developed using IGI’s proprietary BEAT protein platform for…

Amid rising geopolitical tensions and surging crude oil prices, gold prices soared to a fresh all-time high of Rs 1,01,078 per 10 grams on MCX Source

India Business News: In another move aimed at trade enforcement, the US has unveiled a comprehensive revision of global tariff rates, targeting several countries and terri. Source

Top 10@10 — CNBC-TV18’s daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial highlights — delivered at 10 pm. Source

Waterways Leisure Tourism plans an IPO to raise Rs 727 crore for lease payments and corporate purposes. They operate ‘MV Empress’ under Cordelia Cruises and plan new vessels. Source