Nifty IT tumbles over 6 pc as Accenture guidance cut rattles sector

IANS | June 19, 2026 10:54 AM

Mumbai, June 19 (IANS) IT stocks came under selling pressure on Friday, with the Nifty IT index plunging more than 6 per cent after global technology services firm Accenture cut its revenue growth guidance and flagged a weaker demand environment, reigniting concerns over the pace of recovery in global technology spending.

Net direct tax collections surges 14.6 pc to Rs 5.21 lakh crore

IANS | June 18, 2026 10:25 PM

New Delhi, June 18 (IANS) India’s net direct tax collections surged 14.64 per cent (year-on-year) to Rs 5.21 lakh crore in the April 1-June 17 period this fiscal (FY27), according to data released by the Income Tax Department on Thursday.

NSE's co-location and dark fibre disputes remain unresolved; Rs 1,491 crore settlement proposed, shows DRHP

IANS | June 18, 2026 6:27 PM

Mumbai, June 18 (IANS) The National Stock Exchange of India (NSE) has disclosed in its draft red herring prospectus (DRHP) that two long-running regulatory cases linked to its co-location and dark fibre facilities remain unresolved, with the exchange proposing to pay Rs 1,491.21 crore to settle the matters with the Securities and Exchange Board of India (SEBI).

PM Modi to release Rs 18,880 crore to 9.44 crore farmers under PM-KISAN scheme

IANS | June 18, 2026 5:10 PM

New Delhi, June 18 (IANS) Prime Minister Narendra Modi will release over Rs 18,880 crore directly into the accounts of more than 9.44 lakh farmers across the country as the 23rd instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on Saturday, at a function to be held at Tarakeswar in West Bengal’s Hooghly district, according to an official statement issued on Thursday.

Coempt breaks silence on CBSE-OSM controversy, says its records open for scrutiny

IANS | June 18, 2026 1:15 PM

New Delhi, June 18 (IANS) Coempt Eduteck, the edtech company at the centre of CBSE’s On-Screen Marking (OSM) controversy, came out with a clarification on Thursday, stating that the scanners used by it were standard, industry-grade models utilised across the sector and also added that upgradations are done every year to ensure high-resolution scanning.