The Indian government has sought to calm concerns among exporters after the United States proposed fresh tariffs on imports from 60 economies, including India. The move follows investigations by the US Trade Representative (USTR) under Section 301 of the Trade Act of 1974
Apple has rolled out iOS 26.5.1, a minor software update aimed at fixing a charging-related issue affecting select iPhone users. The update is currently available for the iPhone 17 lineup and iPhone Air devices.
HSBC Chief India Economist Pranjul Bhandari expects the Reserve Bank of India to keep interest rates unchanged at its upcoming policy meeting but believes policymakers may adopt a more hawkish stance as higher crude oil prices and rupee weakness increase inflation risks.
June 2026 has introduced several important financial, taxation, and banking-related changes that could impact taxpayers, salaried employees, investors, property buyers, and digital payment users across India.
In early international trade, spot gold registered a downward correction, trading 0.79% lower at $4,556.70 per ounce, reflecting mild risk-on sentiment in global equities. Conversely, spot silver displayed marginal resilience, ticking up by 0.14% to trade at $75.98 per ounce.
At the opening bell around 9:15 AM, the benchmark Nifty 50 was trading comfortably at 23,675, marking a gain of 127 points or 0.54%. Simultaneously, the BSE Sensex surged by 423 points, or 0.57%, to reclaim the 75,198 threshold. Easing immediate market anxiety, the India VIX—the stock market's primary fear gauge—cooled off by more than 3% to settle at 15.67, indicating stabilizing investor sentiment despite persistent geopolitical friction in West Asia.
Stellantis has officially confirmed plans to develop an all-new Jeep SUV using a platform sourced from Tata Motors. The announcement was made during the company’s 2026 Investor Day event and marks another major step in the growing Tata-Stellantis partnership.
In a significant move aimed at supporting India's textile and apparel sector, the Central government has announced a temporary exemption on customs duty and Agriculture Infrastructure and Development Cess (AIDC) on cotton imports. The exemption will remain in effect from June 1 to October 31, 2026, and is expected to improve cotton availability, reduce production costs.
The Indian economy continues to demonstrate resilience despite a challenging global environment, according to the Finance Ministry’s latest Monthly Economic Review for May 2026. The report describes the near-term outlook as one of “cautious resilience,” highlighting strong structural fundamentals while warning that inflationary pressures, volatile crude oil prices and monsoon uncertainties could pose risks to growth in FY27.
India's foreign exchange reserves declined by $7.511 billion to $681.384 billion for the week ended May 22, according to the latest data released by the Reserve Bank of India. This marks the second consecutive weekly decline and takes the country's forex reserves to their lowest level in more than a year.
Global and Indian financial markets reacted strongly on Monday after the United States and Iran announced a framework agreement aimed at ending hostilities and restoring stability in West Asia.
Investors looking to benefit from dividends, bonus shares, stock splits, and other corporate actions will have a busy week ahead, with more than 30 stocks scheduled to trade ex-date between June 15 and June 19.
The National Testing Agency (NTA) is expected to release the admit cards for the NEET UG 2026 re-examination in the coming days. Candidates who have registered for the re-test will be able to download their hall tickets from the official website, neet.nta.nic.in.
Artificial intelligence company Anthropic has been directed by the US government to suspend access to its advanced AI models, Fable 5 and Mythos 5, following concerns related to national security. The decision marks one of the most significant government interventions in the deployment of cutting-edge AI technology to date.
For decades, the world's most valuable companies built their fortunes by selling products used daily by billions of people—smartphones, software, computers, online advertising, or e-commerce services. SpaceX sells none of these. Yet investors have assigned the company a staggering valuation of more than $2 trillion, making it one of the most valuable businesses in the world.
Entrepreneur Elon Musk has achieved a historic milestone, becoming the world's first trillionaire following the blockbuster public listing of SpaceX. The achievement marks the culmination of a remarkable journey spanning three decades, during which Musk built and led companies that transformed industries ranging from online payments and electric vehicles to space exploration and artificial intelligence.
Nestlé India has strongly denied allegations circulating on social media regarding the alleged presence of insects or larvae in MAGGI noodles. The company said the claims originated from an unverified social media account
Indian equity markets witnessed a powerful rally on Friday afternoon as reports of a potential agreement between Iran and the United States boosted investor confidence and triggered broad-based buying across sectors.
Indian stock markets witnessed a strong rally on June 12, with benchmark indices gaining momentum amid improving global sentiment, easing geopolitical concerns, and falling crude oil prices.
OpenAI is reportedly considering significant reductions in ChatGPT subscription and token pricing as competition in the artificial intelligence sector intensifies. According to recent reports, the company is evaluating various pricing strategies aimed at making its AI services more accessible to a broader audience while strengthening its position against rivals such as Anthropic.
Several Indian banks, including HDFC Bank, Yes Bank, and AU Small Finance Bank, have increased interest rates on foreign currency deposits for Non-Resident Indians (NRIs) following the Reserve Bank of India's recent relaxation of FCNR(B) deposit regulations. The move is aimed at attracting greater foreign currency inflows amid ongoing pressure on the rupee and foreign exchange reserves.
In a significant move aimed at promoting cleaner fuels and reducing dependence on imported crude oil, the Indian government has exempted higher ethanol-blended petrol variants from central excise duty. The decision is expected to support the country's ethanol blending programme while encouraging the use of environmentally friendly fuels.
A potential initial public offering (IPO) by SpaceX could trigger one of the largest wealth creation events in corporate history, with thousands of employees expected to become millionaires overnight.
Gold prices recorded their steepest one-day decline in months on Wed as investors reacted to growing tensions between the US and Iran
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Indian benchmark indices are expected to remain in a consolidation phase in the near term as escalating geopolitical tensions and weakening technical indicators keep investors cautious.
As the Income Tax Return (ITR) filing season for Assessment Year 2026-27 gets underway, the Central Board of Direct Taxes (CBDT) has issued fresh guidelines outlining which taxpayers could be selected for compulsory scrutiny.
Global financial markets witnessed sharp volatility on Monday after Iran launched multiple missile strikes toward Israel, escalating tensions in West Asia and raising concerns about disruptions to global energy supplies.
As discussions around the 8th Central Pay Commission continue, demands for a higher fitment factor from employee unions and staff associations are gaining momentum. However, experts believe that implementing a significant increase may place a substantial financial burden on the Central Government.
A beautiful celestial event will light up the evening sky on June 9 as Venus and Jupiter appear extremely close to each other in a phenomenon
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Elon Musk-led SpaceX is preparing for one of the most anticipated public listings in recent years. The company has reportedly begun its IPO roadshow and is targeting a massive fundraising exercise ahead of its expected Nasdaq debut later this month.
