BUSINESS

Air India and Tata Sons Chairman N Chandrasekaran on Friday said that they will be transparent in their communication on the plane crash near Ahmedabad in which 241 passengers and crew members died. “… we will be completely transparent about the findings. We owe it to the families and loved ones, to our pilots and crew, and to you. The Tata Group takes its responsibility to society seriously, and that includes being open about what occurred yesterday,” he said in a statement.

Increased digitalisation has changed the way people carry and manage money overseas. Smarter, safer alternatives are supplanting traditional methods of transporting physical cash. According to Allied Market Research, the global forex card market is predicted to rise at a CAGR of 6.7 per cent between 2021 and 2028, indicating that it is becoming more popular than cash. Let’s check out who they are better than using cash. 

Equity benchmark indices, Sensex and Nifty, ended the volatile session with a fall of nearly 1 per cent on Friday, June 13, 2025, amid a rise in tension in the Middle East. The 30-share BSE benchmark gauge Sensex dived 573.38 points or 0.70 per cent to settle at 81,118.60 against the previous close of 81,691.98. During the day, it touched a high of 81,238.68 and a low of 80,354.59. The 50-issue NSE Nifty dropped 169.60 points or 0.68 per cent to 24,718. It had closed at 24,888.20 in the last trading session. During the day, it hit a high of 24,754.35 and a low of Rs 25,081.30.

When investing in precious jewellery, it is vital to understand how to evaluate the quality of diamonds and gold. The parameters used to assess each are distinct. Clarity, carat, and certification are key considerations for diamonds, while gold is all about carat/ karat and hallmarking. For those confused with carat and karat, let us tell you that carat (or karat in American English) measures purity in gold. However, carat is used to measure the weight of gemstones like diamonds. We will talk about this more later in the copy. 

Small-cap Non-Banking Financial Company (NBFC) Paisalo Digital has announced the allotment of commercial papers to the State Bank of India (SBI). In an exchange filing, the company said that it has allotted a total of 60 commercial papers with an issue price of Rs 4.86 lakh. “ We wish to inform you that on June 13, 2025 the Operations and Finance Committee of Board of Directors of Paisalo Digital Limited has made an allotment of following Commercial Papers,” the company said.

As we mature, a natural shift occurs in our relationship with ageing parents. We become increasingly concerned about their well-being, taking on a protective role reminiscent of their care for us. This Father’s Day, as we celebrate the men who shaped our lives, what greater gift can we offer than the ultimate gift of protection – insurance.

Shares of public sector undertakings (PSUs) ONGC and Oil India surged on Friday, June 13, 2025 even as the stock market tumbled. The surge in prices of these stocks comes amid a sharp spike in Brent crude oil prices after Israel attacked Iran’s capital.

Microcrystalline cellulose manufacturer Sigachi Industries shares gained on Friday, June 13, 2025, even as equity benchmark indices Sensex and Nifty tumbled in early trade, tracking global cues. The counter started the session in the red at Rs 56.50 on the BSE against the previous close of Rs 57.44. It dipped further to touch the low of Rs 56.01 but rebounded to hit an intraday high of Rs 58.44 – a gain of 1.74 per cent. Last seen, the counter was trading at Rs 57.59 on the BSE, with a gain of 0.26 per cent from the previous close. 

Gold prices continued the upward trend in the domestic futures market on Friday, i.e. on June 13, 2025 and hit a new all-time high amid a rise in geopolitical conflict in the Middle East. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened today with a decent gain of Rs 1,108 at Rs 99,500 per 10 grams from the previous close of Rs 98,392. It gained further to breach the Rs 1 lakh mark and hit a new all-time high of Rs 1,00,403. Last seen, it was trading at Rs 1,00,165 with a gain of Rs 1,773 or 1.80 per cent. In between, it touched the low of Rs 99,493. 

Sensex, Nifty Today: The Indian equity benchmark indices, the Sensex and Nifty, opened sharply lower on Friday, June 13, 2025, amid weak global cues following an escalation of tension in the Middle East as Israel attacked Iran. While the 30-share BSE Sensex crashed 1,264.17 points to open at 80,427.81, Nifty started the trading session at 24,473.00 with a significant fall of 415.2 points. In the last trading session, the Sensex closed at 81,691.98 and the Nifty 50 at 24,888.20. The broader indices too started the session with significant dips, with the BSE Midcap falling 768.62 points or 1.68 per cent and the BSE Smallcap index crashing 1,011.43 points or 1.89 per cent.

Leave a Reply

Your email address will not be published. Required fields are marked *