RBI hikes equity investment limits for NRIs, OCIs

IANS | June 5, 2026 11:10 AM

Mumbai, June 5 (IANS) The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday announced that the limits for investment by NRIs and OCIs in equity instruments traded on the stock market without SEBI registration are being increased.

US Treasury Secretary Bessent says Iran conflict causing temporary price spike

IANS | June 5, 2026 11:04 AM

Washington, June 5 (IANS) US Treasury Secretary Scott Bessent on Thursday defended the Trump administration's handling of the economy amid mounting criticism over rising fuel and consumer prices, telling lawmakers that inflationary pressures linked to the conflict involving Iran were temporary and would ease once the situation stabilised.

Rajesh Exports shares plunge 5 pc, hit lower circuit for second straight day

IANS | June 5, 2026 10:51 AM

New Delhi, June 5 (IANS) Shares of Rajesh Exports tumbled 5 per cent for the second straight session on Friday, hitting lower circuit limits after capital markets regulator Securities and Exchange Board of India (SEBI) barred the company’s promoter and CEO, Rajesh Mehta from dealing in the company’s securities over alleged financial irregularities.