Shares of state-owned non-banking financial company (NBFC) Indian Railway Finance Corporation were trading higher on the bourses after the Navratna company announced signing a term loan agreement with L&T Metro Rail (Hyderabad). Following the update, the company's share price climbed 2.94 per cent to log an intraday high of ₹101.08 on the NSE on Monday, May 25.

Capital markets regulator Sebi has barred seven individuals from securities markets for allegedly running a coordinated pump-and-dump scheme across social media platforms and making unlawful gains of over ₹20.25 crore.

Apart from the debarment, the regulator has also directed finfluencer Hemant Gupta and his sons.

The Supreme Court on Monday said it was sad that NTA has not learn lessons from the earlier Neet paper leak as it sought response from the Centre, NTA and CBI on pleas for replacement of the testing agency with a robust and autonomous body to conduct the medical entrance exam.

A bench of Justices PS Narasimha and Alok Aradhe directed that copy of petitions be served to Solicitor General Tushar Mehta besides other parties and asked the National Testing Agency (NTA).

India's central bank will do "whatever is required" to ensure orderly movements in ​the foreign exchange market, Reserve Bank ​of India (RBI) Governor Sanjay Malhotra told Mint newspaper ‌in an interview.

Malhotra said the rupee currently appears undervalued following a sharp depreciation of around 6 per cent since the West Asia war erupted on February 28.

The rupee appreciated 40 paise to 95.20 against US dollar in early trade on Monday on optimism that the US and Iran were moving close to a peace deal even though they remained at odds over key issues, including blockades on the Strait of Hormuz.

Forex traders said the rupee opened on a positive note as the US and Iran have "largely negotiated" a peace pact to end the nearly three-month war.

Petrol and diesel prices were raised by ₹2.61-2.71 per litre on Monday, marking the fourth increase in less than two weeks as state-owned fuel retailers continued to pass on rising international oil prices to consumers.

With the latest revision, cumulative increases in petrol and diesel prices have nearly touched ₹7.5 per litre since fuel price revisions resumed on May 15 after a prolonged freeze.

Asian shares advanced Friday following modest gains on Wall Street, while oil prices rose as efforts to end the Iran war yielded limited results.

Oil prices had eased Thursday in US trading, alleviating pressure from the bond market as yields fell.

Vedanta Ltd has said that its subsidiary Talwandi Sabo Power Ltd (TSPL) has been held liable to pay approximately Rs 127 crore, plus applicable late payment surcharge, to Punjab State Power Corporation Ltd (PSPCL) following a Supreme Court judgment.

In a regulatory filing on Thursday, Vedanta said the Supreme Court has set aside the judgment passed by the Appellate Tribunal for Electricity (APTEL), and has restored the order passed by the Punjab State Electricity Regulatory Commission (PSERC).

The Congress on Friday said it was shocked over claims made by top NTA officials that the NEET exam paper was "not leaked", and said both the 'Pradhan Mantri' and the 'Mantri Pradhan' must be held accountable for this "cover-up".

The Congress also said that the National Testing Agency (NTA) has become a "National Trauma Agency".

Union Home Minister Amit Shah on Friday said the government will launch a "smart border" project in the next year to make the 6,000 km fronts with Pakistan and Bangladesh impenetrable and ensure that the "conspiracy" to change the demography of the areas is defeated.

Delivering the annual Rustamji Memorial lecture hosted by the Border Security Force (BSF) here, the minister also reiterated that the government will find each and every infiltrator from the country and send them outside India.

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