UPI Safe 💸, FIIs Back! 📈
Your daily dose of business news
🗞️ No GST on UPI Payments Over ₹2,000, Govt Clarifies
The Finance Ministry has officially debunked viral claims about GST being charged on UPI transactions above ₹2,000, calling them "completely baseless". This comes amid rising digital payment adoption in India.
🗞️ India’s Electronics Sector Eyes $500 Billion by 2030
With help from the PLI scheme and rising global demand, India's electronics market is targeting a massive $500 billion milestone by 2030. Stocks like Dixon Technologies and Kaynes Technology are turning investor favorites.
📌 Expert Take: “India is becoming a key alternative to China in hardware manufacturing,” says a semiconductor analyst.
🗞️ BHEL Sees 19% Revenue Boost on Power Demand
BHEL has clocked a 19% revenue growth in FY25, riding on surging demand in the power and infrastructure sectors.
🗞️ FIIs Pump ₹15,000 Cr Into Indian Stocks in 3 Days
Foreign investors have returned with gusto, pouring ₹15,000 crore into Indian equities within just three days—hinting at renewed confidence.
📌 Expert Take: “Global funds are rotating back into emerging markets—and India’s macro strength is the magnet,” says a fund strategist.
🗞️ RBI Warns of Liquidity Stress in Money Markets
RBI Governor Shaktikanta Das has raised concerns over tightening liquidity in money markets, driven by high govt borrowing and slow credit growth.
🗞️ HDFC Bank Declares ₹22 Dividend for FY25
HDFC Bank has announced a ₹22 per share dividend, with the record date set for June 27. Strong earnings continue to support high payouts.
🗞️ SEBI Flags Gensol for Misleading Investors
SEBI has called out Gensol Engineering for allegedly misleading investors about manufacturing operations at its Pune EV facility.
🗞️ Zuckerberg & Dimon Dump Stock Ahead of Market Rout
Top execs like Mark Zuckerberg and Jamie Dimon have sold large chunks of stock amid trade war and tariff concerns—fueling selloff signals.