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GLOBAL NEWS | Mon, 1 Jun 2026, 2:18AM IST U.S. Central Command has helped around 70 commercial ships pass through the strait in the last three weeks, an official said.

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INDIA BUSINESS | Mon, 1 Jun 2026, 1:12AM IST TV broadcasters plan to challenge a Delhi High Court ruling in the Supreme Court. The court upheld Trai's power to limit TV ads to 12 minutes per hour. Broadcasters fear this will hurt their revenue. The Indian TV industry relies heavily on advertising income. This decision could impact their business significantly.

Continue reading at Economic Times

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INDIA BUSINESS | Mon, 1 Jun 2026, 1:08AM IST India's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recovering from a dip in April. Major players like TVS Motor and Bajaj Auto reported higher sales. Ather Energy and Hero MotoCorp also saw an increase. Ola Electric is working to regain market share and plans to enter the commercial segment.

Continue reading at Economic Times

1h

INDIA BUSINESS | Mon, 1 Jun 2026, 1:05AM IST Indian banks anticipate asset quality stress from the second quarter due to the West Asia conflict. Rising fuel prices will reduce consumer spending. Higher input costs will impact corporate profits. Small and medium enterprises face significant pressure. Lenders are becoming cautious about lending to this segment. This situation will be visible in upcoming financial results.

Continue reading at Economic Times

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INDIA BUSINESS | Mon, 1 Jun 2026, 1:02AM IST Despite rising costs, restaurants and bars saw a surge in business during the IPL final. Bengaluru outlets reported full bookings, with some charging cover fees. Delhi-NCR eateries offered discounts up to 50% on food and drinks. Online platforms also saw increased sales of snacks and beverages as people opted to watch the match at home.

Continue reading at Economic Times

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INDIA BUSINESS | Mon, 1 Jun 2026, 1:00AM IST Yatra Online's founders are reportedly in talks to sell a controlling stake. Feelers have been sent to rivals like MakeMyTrip, Paytm Travel, Rapido, and Ixigo, along with a private equity fund. Advisors are assisting with the sale process. Suitors may submit initial offers next week. Yatra's CEO stated the company achieved its most profitable year despite challenges.

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INDIA NEWS | Mon, 1 Jun 2026, 1:00AM IST New Delhi: Travel portal Yatra Online's founders have opened discussions to sell a controlling stake with feelers having been sent to competitors and other potential buyers, people aware of the development said.The companies they have approached include Makemytrip, Paytm Travel, Rapido, Ixigo and a private equity fund, the people said. Yatra is working with advisors on the sale, they said. Suitors could submit non-binding term sheets to formally document their interest next week. Any formal offers will be subject to due diligence, they said.Also Read: Yatra bets on corporate travel as Indias business travel market heads toward $20 billion by FY27Yatra's founders include Dhruv Shringi, Manish Amin and Sabina Chopra. Shringi, also the chairman, said "there is no substance" to this information."We just reported record profits for the year, hence no reason for anyone to sell," Shringi said when ET sought his comment. "This would anyways not be the right time to do something in the travel industry," he said. The other two founders of Mumbai- and New York-listed Yatra could not be reached for comment. Emailed queries to the company did not elicit a response till press time Sunday.Ixigo and Paytm denied any interest in purchasing a controlling stake in Yatra. Makemytrip and Rapido said they would not comment on "market rumours"."That said, our inorganic growth playbook of investing in niche organisations across travel-adjacent categories has not changed," said a MakeMyTrip spokesperson.Also Read: Indians may be roaming closer to home because of a war far away"Online travel booking is becoming a crowded market. It looks ripe for consolidation," said a fund manager at an international investment firm on condition of anonymity.Yatra Online refers to itself as India's largest corporate travel services provider. The company reported consolidated total income from operations of 199.3 crore for the fourth quarter ended March 31, 2026, down from 228.5 crore a year earlier. Net profit for the quarter fell to 8.2 crore from 15.2 crore.On an annual basis, the company reported total income from operations of 1,032 crore for fiscal year 2026, and a net profit of 47 crore. Yatra said it reported its most profitable year in its history despite some "very significant" macro headwinds that impacted three months of the year.CEO Siddhartha Gupta said that its quarter four was affected by geopolitical disruptions and war-related uncertainty, which weighed on international travel demand, particularly in MICE (meetings, incentives, conferences & exhibitions).

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INDIA BUSINESS | Mon, 1 Jun 2026, 12:53AM IST IIFCL aims for a record 75,000 crore in loan sanctions this financial year. The government has removed SIFTI restrictions, giving the lender more flexibility. This allows IIFCL to finance larger projects and participate more broadly in infrastructure development. The company expects stronger growth and faster credit expansion through new lending products.

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INDIA BUSINESS | Mon, 1 Jun 2026, 12:51AM IST SAIL anticipates a minor effect on its steel prices due to the West Asia crisis. The company is arranging new shipping paths to ensure a steady flow of essential raw materials like limestone from Dubai. SAIL chairman Ashok Panda highlighted that securing raw material availability is paramount for continuous operations.

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INDIA BUSINESS | Mon, 1 Jun 2026, 12:47AM IST India's commercial vehicle makers are diversifying beyond truck sales to stabilize revenue. Companies like Tata Motors, Ashok Leyland, and VECV are seeing significant growth in spare parts, financing, and fleet services. This strategic shift aims to create recurring income streams, mitigating the impact of the market's cyclical nature and economic fluctuations.

Continue reading at Economic Times

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INDIA BUSINESS | Mon, 1 Jun 2026, 12:44AM IST Chile is offering India significant opportunities in critical mineral mining, including copper, lithium, and cobalt. These minerals will power India's growth and green transition. Chile also seeks Indian talent for its burgeoning semiconductor sector. Both nations are working towards a Comprehensive Economic Partnership Agreement. This partnership aims to secure India's supply chains and foster economic growth.

Continue reading at Economic Times

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INDIA BUSINESS | Mon, 1 Jun 2026, 12:43AM IST Indian banks and financial firms are increasingly using AI for critical tasks like fraud prevention and decision-making. While early adopters are seeing success, many companies still face hurdles in infrastructure and governance. AI is now integral to core operations, not just customer service. Future plans focus on boosting productivity and customer growth through AI.

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INDIA NEWS | Mon, 1 Jun 2026, 12:39AM IST New Delhi: Myanmar President Min Aung Hlaing's ongoing India trip could open a major opportunity for New Delhi to harness rare earths from the neighbouring Southeast Asian country which to date are being extracted by China.Myanmar's Kachin and Shan states have massive deposits of rare earth elements including dysprosium and terbium used for permanent magnets for EVs, wind turbines, and defence items. The issue of India harnessing rare earths from Myanmar will figure prominently on the agenda of the meeting between PM Narendra Modi and the visiting President here on Monday. The visiting leader will also address a business forum here.Also Read: NSA Ajit Doval calls on Myanmar President on his maiden visitCurrently, Myanmar's northern neighbour China has been extracting rare earths from the Kachin state, but the visit has provided an opportunity to push its initiative, according to a person familiar with the issue. The Myanmar Army has stepped up its offensive in the border areas which have rare earth deposits, but rebel groups have major influence there.India-Myanmar bilateral trade has expanded over the years, with annual trade growing 23% to touch $2.15 billion in FY25-Myanmar exports totalled $1.53 billion and Indian exports were at $614.3 million. In particular, pulses exports, comprising about 77% of Myanmar's exports to India, increased by 29% in FY25. India is the fourth-largest trading partner of Myanmar.Also Read: Myanmar President Aung Hlaing begins India visitThe rupee-kyat settlement has also been functional since January 2024. The scope for further expanding bilateral trade is significant, particularly if Myanmar could increase fuel and pharmaceutical imports from India under the rupee-kyat mechanism and against its beans and pulses exports in rupees. Indian-made medicines are widely used in Myanmar due to their affordability and quality.As per the Government of Myanmar's statistics, India is presently the eleventh-largest investor with an approved investment of US$782.821 million by 39 Indian enterprises, out of the total estimated investments of US$96.05 billion from 53 countries (as on 31st March, 2025).

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INDIA BUSINESS | Mon, 1 Jun 2026, 12:32AM IST Heatwaves, school holidays and reduced summer travel are driving more consumers to air-conditioned malls, boosting sales for restaurants, fashion and beauty retailers across India. Mall operators and restaurant chains report stronger footfalls, longer dwell times and higher spending, with some restaurants seeing sales growth of 10-20% compared with last year.

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2h

INDIA MARKET | Mon, 1 Jun 2026, 12:27AM IST Kohli brought up the fastest fifty of his IPL career, reaching the landmark off 25 balls.

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INDIA MARKET | Mon, 1 Jun 2026, 12:19AM IST Virat Kohli (75 not out off 42 balls) played an extraordinary innings in the IPL 2026 to help RCB win their second consecutive title.

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INDIA BUSINESS | Mon, 1 Jun 2026, 12:07AM IST Power Minister Manohar Lal announced that approximately 800 crore in subsidy-related support and outstanding dues in West Bengal will be recovered. Plans are also underway to address accumulated losses of 15,000 crore. The next phase of the Smart Meter Programme, covering 20 million consumers, will commence in July.

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2h

INDIA NEWS | Mon, 1 Jun 2026, 12:01AM IST New Delhi: The government is examining 500-odd heavily imported products including machinery, fertilisers, chemicals, cotton staple fibre, plastics, silicon wafers and carbon fibres, to identify localisation opportunities and reduce dependence on overseas supply. The commerce and industry ministry is collating data from different ministries on import dependence, estimated time and capital investment required to achieve commercially viable domestic manufacturing capability, and national strategic relevance of these products, officials privy to the development said.The idea is to reduce the country's import bill and build supply resilience amid the ongoing West Asia crisis.The Department for Promotion of Industry and Internal Trade (DPIIT) is "analysing data such as production capacity and bottlenecks faced by industry," one of the officials said.131428063The department has sought information such as the extent to which domestic demand for the product is met through imports, indicating vulnerability to external supply and the need for localisation, and the importance of the product in ensuring continuity, resilience, and stability of domestic manufacturing and essential downstream sectors.The exercise also covers harvester-threshers, parts of turbo jets and certain graphite, officials said.DPIIT is likely to shortlist around 100 items where the imports are high but the country has capacity to produce them locally, another person aware of the development said.High import dependence means where 60% or more of the domestic demand for the product is met through imports while medium is where imports are 30-60%. "Electronics and chemicals are two key sectors where imports are huge but the potential to export is also significant," another official said.India's goods import bill stood at $774.98 billion in FY26, led by oil at $174 billion, electronics at $116.17 billion, and gold at $72 billion. The country also imported organic and inorganic chemicals worth $28 billion last fiscal.Makeup preparations, dishwashers, industrial valves and certain silicon wafers also figure in the list of the products whose imports are being studied.The exercise comes after Prime Minister Narendra Modi urged citizens to help preserve foreign exchange and contain the country's rising import bill amid the ongoing conflict in West Asia.

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INDIA BUSINESS | Sun, 31 May 2026, 11:45PM IST The conflict has disrupted crude supplies from some of India's biggest suppliers, compelling refiners to process unfamiliar crude grades, said Ujjal K Mukherjee, chief technology officer at Lummus Technology, one of the world's largest refining and petrochemical technology licensors.

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INDIA MARKET | Sun, 31 May 2026, 11:29PM IST Virat Kohli led the charge with the fastest half-century of his IPL career as RCB chased down a modest target of 156 in 18 overs to claim back-to-back trophies.

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GLOBAL NEWS | Sun, 31 May 2026, 11:25PM IST The home-sharing app recently added car rentals, groceries and perhaps most surprisingly hotels. Brian Chesky, the co-founder and chief executive, is always thinking about how to redesign it.

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INDIA NEWS | Sun, 31 May 2026, 11:07PM IST The 2026 season of the Indian Premier League (IPL) came to an end on Sunday, with Rajasthan Royals' teenage sensation Vaibhav Sooryavanshi claiming the Orange Cap and Gujarat Titans pacer Kagiso Rabada winning the Purple Cap. Beyond those marquee awards, several players delivered record-breaking performances throughout the tournament.Here's a look at the standout batting and bowling achievements from IPL 2026:IPL 2026 Batting RecordsOrange Cap: Vaibhav Sooryavanshi 776 runsRuPay On-The-Go 4s of the Season: Sai Sudharsan 75 foursMost Fours in an Innings: KL Rahul 16 fours against PBKS on April 25 during his 152-run knockAngel One Super Sixes of the Season: Vaibhav Sooryavanshi 72 sixesMost Sixes in an Innings: Vaibhav Sooryavanshi 12 sixes against SRH at the Sawai Mansingh Stadium on April 25 while scoring 103 runsMost Fifties: Sai Sudharsan 8Most Centuries: Sanju Samson 2Fastest Fifty: Urvil Patel (CSK) 13 balls against LSGFastest Century: Vaibhav Sooryavanshi (RR) 36 balls against SRHHighest Individual Score: KL Rahul (DC) 152Sierra Super Striker of the Season: Vaibhav Sooryavanshi Strike rate of 237.30Best Batting Average: Ravindra Jadeja 66.50IPL 2026 Bowling RecordsPurple Cap: Kagiso Rabada 29 wicketsMost Maiden Overs: Mohsin Khan (LSG) 3TATA IPL Green Dot Balls: Mohammed Siraj 172 dot ballsMost Dot Balls in an Innings: Suyash Sharma 20Best Bowling Average: Travis Head 7.00Best Bowling Economy Rate: Sunil Narine (KKR) 6.64Best Bowling Economy in an Innings: Suyash Sharma 1.75Best Bowling Strike Rate: Travis Head 6.00Best Bowling Figures: Mohsin Khan 5/23 (4 overs)Most Runs Conceded in an Innings: Xavier Bartlett 69

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GLOBAL NEWS | Sun, 31 May 2026, 10:58PM IST The horror film, which cost $10 million and came from a 20-year-old filmmaker, added to evidence that young people will go to theaters for the right offering.

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INDIA MARKET | Sun, 31 May 2026, 10:58PM IST Virat Kohli tore into GT's bowling attack with a 25-ball fifty in the IPL 2026 final at Ahmedabad.

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INDIA MARKET | Sun, 31 May 2026, 10:54PM IST The court, in an order passed on April 30, said the power to dissolve a marriage rests exclusively with family courts, while the authority of Lok Adalats is limited to facilitating settlements between parties, and it cannot render judicial decisions.

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INDIA MARKET | Sun, 31 May 2026, 10:39PM IST Kagiso Rabada won the IPL 2026 Purple Cap after overtaking Bhuvneshwar Kumar's tally of 28 wickets.

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INDIA MARKET | Sun, 31 May 2026, 10:38PM IST Royal Challengers Bengaluru are off to a flying start in Ahmedabad.

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INDIA MARKET | Sun, 31 May 2026, 10:27PM IST The registrations generated more than Rs 1,051 crore in stamp duty collections for the state government.

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INDIA NEWS | Sun, 31 May 2026, 10:04PM IST After three days of deliberations, the six-member Monetary Policy Committee (MPC), headed by RBI Governor Sanjay Malhotra, will announce its decision on June 5

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