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RIL shares fall over 4% as windfall tax returns on fuel exports; Rs 82,000 crore wiped off market value

Shares of Reliance Industries Ltd (RIL) fell more than 4% on Friday after the government reintroduced windfall taxes on diesel and aviation turbine fuel (ATF) exports, eroding over Rs 82,000 crore from the company’s market capitalisation in intra-day trade.At 3:30 pm, shares of Reliance Industries Ltd were trading at Rs 1,350.80, down Rs 62.30 or…

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IMF world economic outlook report: Global growth resilient despite trade and geopolitical risks; top points to know

Global growth is projected to stay resilient at 3.3% in 2026 and 3.2% in 2027, broadly matching the estimated 3.3% outturn in 2025, according to the latest World Economic Outlook Update released by International Monetary Fund. The forecast noted a slight upward revision for 2026 and no change for 2027 compared with October 2025 projections.Beneath…

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Hydrogen-Powered Train: ‘Futuristic, smoke-free, pollution-free’: What we know about India’s first ‘swadeshi’ hydrogen train | India News

NEW DELHI: Indian Railways has approved running India’s first indigenous hydrogen fuel-cell-based train on the Jind-Sonipat section of the Northern Railway, entering the elite club of nations including Germany, Japan, China, and the United States.The futuristic train will have 10 coaches and will be powered by a 1200-kilowatt engine. It is expected to operate at…

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Gold price prediction today: After worst quarter in 13 years, will gold continue to fall? Check July 1, 2026 outlook

The weakness has extended into the new quarter, with gold falling for a fifth consecutive week and slipping below $3,980/oz, its lowest level since November. (AI image) Gold price prediction today: Gold prices will continue to be under pressure with rate hike expectations in place, with near-term outlook negative, says Vedika Narvekar, Research Analyst –…

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