Employers told to analyse mismatches in salary filings

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After initial rush, semaglutide therapy market saddled with 100cr excess stock

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India-EU FTA to open nearly entire European market for Indian exports by 2027: Goyal

India and the European Union are poised to sign their landmark free trade agreement by December, with implementation expected by early 2027. This pact promises Indian exporters near-zero duty access to the vast European market, opening up significant opportunities. Discussions are also progressing on trade deals with the US and Canada, highlighting India's growing global economic influence.

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Top-10 firms gain Rs 2.15 lakh crore in a week; Airtel emerges biggest winner

Indian equity markets witnessed a significant surge last week, adding Rs 2.15 lakh crore to the valuation of nine out of the top 10 most valuable companies. Bharti Airtel emerged as the top gainer, followed by LIC and Bajaj Finance. This rally was fueled by improved global risk appetite and easing geopolitical concerns, boosting investor sentiment across the board.

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Exports up 15% so far in June quarter despite global headwinds, says Piyush Goyal

India's merchandise exports have demonstrated remarkable resilience, surging approximately 15% from April 1 to June 14, despite global economic headwinds and increased US tariffs. Minister Piyush Goyal highlighted this robust growth, even as international trade faces significant challenges. This positive trend follows a strong May performance, underscoring India's continued strength in outbound shipments. Goyal also urged chartered accountants to contribute to India's developed nation goal, emphasizing local cleanliness efforts.

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Petrol, diesel rates may ease as cheaper crude arrives, says oil minister Puri

Petrol and diesel prices may soon see a dip as India receives cheaper crude oil, Union Minister Hardeep Singh Puri indicated. He defended domestic fuel pricing, stating increases have been minimal globally despite market volatility. The government has absorbed significant costs through excise duty cuts, shielding consumers from the full impact of rising international rates. Puri also highlighted Sonbhadra's development progress.

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Sebi allows easier transfer of shares of dead investors

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Jio IPO risk factors: From spectrum renewals to AI rules, key challenges flagged in draft papers

Jio Platforms, gearing up for a massive IPO, has revealed significant risks including spectrum renewal challenges, cybersecurity threats, and evolving AI and data privacy regulations. The company also faces uncertainties in its satellite connectivity ventures and potential competition from within the Reliance Group. These disclosures highlight potential hurdles to its future growth and profitability as it prepares for its market debut.

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Oil prices edge higher after Vance threatens Israel against violating ceasefire

Oil prices experienced volatility following US Vice President JD Vance's comments, raising concerns about the Iran-US ceasefire's stability. Brent and WTI crude saw declines as Vance warned Israel against further attacks on Hezbollah, casting doubt on the accord's durability. The market now watches the Strait of Hormuz, a key oil transit route, for signs of recovery under the new agreement.

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‘India to be among our top 5 markets’, says Hesham Abdulla Al Qassim

Emirates NBD's significant acquisition of a 60% stake in RBL Bank for Rs 26,015 crore signifies a strategic shift in India-UAE economic ties, moving beyond trade to capital and control. This move positions India as a core growth market for the Dubai-based lender, reflecting historical financial linkages and a desire to deepen the relationship with substantial capital.

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Social security relief extended for Indian execs in UK

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Coal gasification can cut import dependence, strengthen energy security: G Kishan Reddy

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India-UK FTA clears steel hurdle; 85% of Indian exports shielded from British curbs

India has secured protection for 85% of its steel exports to the UK under the upcoming free trade agreement, with the remaining shipments covered by country-specific quotas and other access schemes. This agreement resolves a key sticking point ahead of the Comprehensive Economic and Trade Agreement's operationalization on July 15.

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New resource race: G7 joins forces to challenge China’s critical minerals dominance

G7 leaders are uniting to lessen reliance on China for vital minerals, essential for defense and green tech. Plans include coordinated stockpiling, enhanced recycling, and a new platform with the IEA. The goal is to significantly cut dependence on single suppliers by 2030, fostering more secure global supply chains.

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Dalal Street cheers peace deal, oil slide; sensex up for 4th day

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India in talks with Russia-linked Siberian deposit to source rare earth Samples: Report

India is seeking rare earth samples from Russia. This move aims to diversify critical mineral supplies away from China. State miner IREL is in talks with Rosneft for samples from Siberia's Tomtor deposit. India will study the mineral composition before further engagement. This effort supports India's growing demand for rare earths in electric vehicles and clean energy.

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4 of Vedanta’s demerged businesses list on bourses

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India's silver imports plunge to over three-year low in May, curbs and higher duties hit inflows

India's silver imports plummeted by 87% in May to their lowest in over three years, following government restrictions and increased duties. This sharp decline, with imports falling to $75.57 million and volumes dropping 94%, aims to curb precious metal purchases and ease pressure on the rupee.

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Digital platform for managing wind energy supply chain launched

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KKR: Leveraged deals from 2021, treasuries to feel pressure

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India seeks French investment in manufacturing; Piyush Goyal pitches scale and talent

Commerce and Industry Minister Piyush Goyal urged French companies to invest in India's manufacturing sector, highlighting the nation as a reliable partner offering scale, talent, and innovation. Speaking at the 'Bharat Innovates' event, Goyal emphasized India's potential as both a large domestic market and a global export hub, driven by a vibrant startup ecosystem.

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China beats Elon Musk's 'Jesus-level technology' to launch world's first commercial brain chip

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India steps up Russian oil buying; crude imports from Moscow rise in May: Report

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Hardeep Singh Puri says India has over 60 days of crude, gas stocks; rules out any energy supply crunch

India assures ample energy supplies, with over 60 days of crude oil and natural gas reserves. Domestic LPG production has significantly reduced import reliance, ensuring 75-80 days of stock. Despite global price hikes due to the Iran conflict, India has kept domestic fuel prices stable, even seeing a slight decrease due to excise duty cuts.

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Reinsurance buffers crash claim, Tata AIG logs Rs 1,008 crore profit

The General Insurance Corporation had estimated claims of over $400 million last year from the Air India Ahmedabad crash. Since then, reinsurers have settled some claims. Tata AIG, which was the lead insurer, had a 45% share of the risk. “We fully provided for it in that same quarter itself. Net of reinsurance, our exposure was less than Rs 50 crore,” said Amit Ganorkar, MD & CEO, Tata AIG General.

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Tu cheez badi hain....Musk Musk: A small step for SpaceX, a giant leap to a trillion for Elon

Elon Musk has achieved a historic milestone by becoming the world’s first trillionaire, driven by the soaring valuation from SpaceX’s IPO. His vision for reusable rockets and interplanetary colonies has captured the imagination of investors, turning space exploration into an enticing financial frontier. This remarkable shift in wealth underscores a new chapter in capitalism, expanding its reach beyond conventional sectors.

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Centre opens radio spectrum to accelerate deployment of vehicle collision-avoidance systems

India has removed licensing for crucial radio spectrum bands, specifically 77-81 GHz for automotive radar and 5.9 GHz for V2X communications. This move aims to accelerate the adoption of advanced road safety and collision-avoidance systems, aligning India with global standards and potentially reducing vehicle manufacturing costs. The initiative is expected to significantly enhance vehicle safety and reduce road fatalities.

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Rupee rebounds 67 paise to 95.18 against US dollar as oil prices tumble on Iran deal hopes

The Indian Rupee experienced a significant surge, climbing 67 paise to close at 95.18 against the US dollar. This robust recovery was primarily fueled by a sharp decline in global crude oil prices, following US President Donald Trump's indication of an imminent deal with Iran. Positive domestic equity market trends and a weaker US dollar further bolstered the rupee's performance.

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India central to EY’s AI strategy: Truncale

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Countries protecting domestic industries, India no exception: Piyush Goyal on global trade

India navigates global trade challenges by fostering dialogue and partnerships, even as nations increasingly protect domestic industries like steel. Minister Piyush Goyal highlighted that despite a less effective WTO, international trade largely operates under its framework. India is actively pursuing free trade agreements to boost market access and attract significant investments, underscoring a commitment to innovation and long-term global integration.

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Crude on boil: Oil prices jump over 2% as Iran closes Strait of Hormuz to all vessels

Global crude benchmarks surged over 2% as Iran declared the Strait of Hormuz closed to all vessels following fresh US military strikes. Brent crude rose to $95.40 and WTI to $92.63 a barrel. Iran's IRGC warned any vessel attempting to transit the strait would be targeted amid escalating regional tensions.

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Government may hold off on higher ethanol mandate

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AI windfall for the public? Trump signals shake-up for tech giants

US President Trump is pushing for major AI firms to "give back" to the public, potentially through government stakes or benefit mechanisms. He plans to meet top tech executives soon to discuss this proposal, aiming to enrich citizens and boost AI's popularity. Discussions about a "Public Wealth Fund" model, distributing AI investment returns, are reportedly already underway.

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‘TCS will have as many AI agents as employees’

Chairman Chandra says AI most significant opportunity for enterprise IT, will slow hiring

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Government kicks off bourse-based coal trading; rules notified

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Government raises Rs 20,000cr via disinvestment, asset sale

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Government eyes Rs 1,260cr from NLC divestment

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RBI to fully absorb forex risks, inflows may see $50bn boost

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LIC to look at long-term investment instruments

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Bullion outlook: Gold, silver investors to track Middle East tensions, US and India inflation readings

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Maharashtra onion farmers demand Rs 3,000/quintal, say relief measures fall short

Maharashtra farmers welcomed relaxed onion procurement rules but demand a minimum support price of Rs 3,000 per quintal, stating current rates of Rs 1,580 are below production costs. They seek transparent procurement and compensation for past losses, arguing that rule changes alone won't resolve their financial distress.

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Mango Mayday: Dark spots on produce threaten Himsagar export shipments

West Bengal's Himsagar mango exports face a setback due to dark spots, a weather-induced disease affecting fruit quality. Continuous rain followed by high temperatures during the bagging stage led to the issue, potentially impacting overseas shipments. Despite this, exporters remain hopeful about fulfilling remaining orders.

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Saved by the barrel: Why crude hasn't hit the $200 mark

Despite fears of $200 oil following Strait of Hormuz disruptions, prices remain below $100. This resilience is attributed to increased US exports, weaker Chinese demand, and alternative supply routes. While some shipping through the strait continues, overall transits are down. Emergency measures and subdued demand have averted the worst-case scenario, but market stability hinges on temporary solutions.

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LPG gets Rs 29 costlier: Check the latest cylinder rates in Delhi, Mumbai and other cities

Domestic cooking gas prices have increased by Rs 29 per cylinder, reaching Rs 942 in Delhi, marking the second revision in three months due to soaring global energy costs. This rise follows a previous Rs 60 hike and is part of a broader trend of fuel price increases, with petrol and diesel also seeing significant jumps.

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Trump immigration push: US Treasury asks banks to flag suspicious transactions linked to illegal migrants

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Govt extends tenure of RBI deputy governor Swaminathan J for two years

The government has extended the tenure of Reserve Bank Deputy Governor Swaminathan Janakiraman for another two years, effective June 26, 2026. Janakiraman, who was initially appointed in June 2023, will continue in his role as the central bank maintains its four-deputy governor structure.

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Kuku files for Rs 3.5k cr IPO confidentially

Digital entertainment startup Kuku Technologies has confidentially filed for an IPO, aiming to raise up to Rs 3,500 crore. The company is targeting a valuation of up to Rs 15,000 crore and plans to list later this fiscal year. This move signals significant growth aspirations for the digital entertainment sector.

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Tech stocks slide on AI fears, oil gives Dalal Street a headache

Persian Gulf tensions pushed crude prices near $100, weakening the rupee and causing the Sensex to plunge over 1,100 points mid-session. Despite initial losses, banking stocks rallied, aiding a partial recovery, while IT stocks crashed due to AI disruption fears. Foreign funds saw significant outflows.

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BHEL secures order worth over Rs 2,000 crore from Nigerian firm

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Wealth Co enters pact with NSE for EGR

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RBI to inject liquidity via Rs 50,000 crore repo auction ahead of MPC meeting

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