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India has issued an Income-tax Amendment Ordinance to exempt FIIs and BIS from tax on G-Sec interest and capital gains, effective retrospectively from April 1, 2026.
RBI kept the repo rate at 5.25% on June 5, 2026, cut FY27 growth to 6.6%, raised FY27 CPI to 5.1%, and backed the 4% target framework till 2031.
SEBI has cleared Prism’s proposed ₹6,650 crore IPO, with OYO’s parent preparing an updated DRHP by early July while assessing market conditions and listing timelines.
Maruti Suzuki began FY27 with a 42% market share after record April 2026 sales, driven by passenger vehicles, SUVs, and a rebound in entry-level small cars.
India’s provisional data shows GDP growth of 7.8% in Q4 FY26 and 7.7% for FY26, led by services, construction and steady investment demand.
India has made FPI returns on government securities tax-free from April 1, 2026, alongside RBI measures to widen access, attract foreign capital, and support the rupee.
Indian benchmarks closed slightly lower after the RBI kept the repo rate at 5.25% and a neutral stance, while raising FY27 inflation to 5.1% and cutting GDP growth to 6.6%.
Orders from the Indian Navy, a ₹69,725-crore policy package, and new port-led shipbuilding clusters are reshaping visibility for MDL, GRSE and Cochin Shipyard.
India has issued a retrospective tax exemption for FIIs on government securities and paired it with RBI debt-market and forex measures that SBI Research says could attract $40 billion.
SEBI cleared five IPO proposals in the week ended June 5, including OYO parent Prism’s ₹6,650-crore fresh issue and TruHome Finance’s ₹3,000-crore IPO.
USD/INR edged up to 95.7370 on June 5, 2026, while social media tracked RBI intervention, oil-price swings, and geopolitical headlines shaping rupee stability.
Bluspring Enterprises’ subsidiary STEAG Energy Services won a ₹2,049.8 crore, five-year O&M mandate for BALCO’s 1,740 MW power plant, lifting the stock sharply.
Bluspring Enterprises rose above ₹93 after its step-down subsidiary won a ₹2,049.8 crore, five-year O&M contract for BALCO’s 1,740 MW power plant.
BCPL Railway Infrastructure has received a ₹4.72 crore Letter of Acceptance from Eastern Railway’s Howrah Division for 25 KV OHE work to replace old Guy Rod Assemblies within 18 months.
BlueStone has outlined a FY30 plan for ₹12,000 crore revenue and 706 stores, backed by omnichannel expansion and a shift toward everyday lifestyle jewellery demand.
Bluspring Enterprises jumped over 11% after its step-down unit won a ₹2,049.8 crore, five-year BALCO power plant O&M contract starting July 2026.