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INDIA MARKET | Sat, 6 Jun 2026, 1:36AM IST Wall Street tumbled as a strong U.S. jobs report dimmed hopes of rate cuts, triggering a sharp selloff in overheated tech and chip stocks. The Nasdaq plunged over 4%, ending a nine-week rally, while persistent Middle East tensions and rising yields further pressured investor sentiment.

Continue reading at Economic Times

55m

INDIA MARKET | Sat, 6 Jun 2026, 1:36AM IST Wall Street tumbled as a strong U.S. jobs report dimmed hopes of rate cuts, triggering a sharp selloff in overheated tech and chip stocks. The Nasdaq plunged over 4%, ending a nine-week rally, while persistent Middle East tensions and rising yields further pressured investor sentiment.

Continue reading at Economic Times

55m

INDIA BUSINESS | Sat, 6 Jun 2026, 1:09AM IST The Reserve Bank of India has shortened the time for exporters to bring back foreign earnings. This period is now nine months, down from fifteen months. This change aims to increase foreign exchange inflows into India. The move is part of broader efforts to support the country's balance of payments. Exporters must now repatriate earnings sooner after shipment.

Continue reading at Economic Times

1h

INDIA BUSINESS | Sat, 6 Jun 2026, 1:07AM IST The Reserve Bank of India will soon release an updated list of upper-layer non-banking financial companies. This comes as Tata Sons has requested to be removed from this category. The central bank is examining this request. The new list will be finalised shortly. This update is crucial for financial sector regulations.

Continue reading at Economic Times

1h

GLOBAL NEWS | Sat, 6 Jun 2026, 12:52AM IST The S&P 500 fell more than 2.6 percent on Friday, its worst one-day drop of the year and ending nine weeks of gains.

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1h

INDIA BUSINESS | Sat, 6 Jun 2026, 12:50AM IST Hindustan Zinc will invest 40,000-50,000 crore in the next five years. This will double refined metal capacity and ore production. Metal reserves will more than triple. The company has approved new projects costing nearly 17,000 crore. This expansion aims to boost production and secure long-term mining operations.

Continue reading at Economic Times

1h

INDIA BUSINESS | Sat, 6 Jun 2026, 12:40AM IST India's drug pricing authority may soon approve a price hike for vital platinum-based cancer medicines. These drugs, including carboplatin and cisplatin, are crucial for treating various cancers. The National Pharmaceutical Pricing Authority met with drug makers and hospital representatives to discuss the issue. Rising raw material costs have put pressure on production.

Continue reading at Economic Times

1h

INDIA BUSINESS | Sat, 6 Jun 2026, 12:34AM IST India's tallest building is set to rise in Gurugram's upcoming Global City. A 6.7-acre plot has been earmarked for a 620-700 metre mixed-use tower. The Haryana government has consulted developers for this ambitious project near the Dwarka Expressway. This development promises a significant new landmark in the region.

Continue reading at Economic Times

1h

INDIA BUSINESS | Sat, 6 Jun 2026, 12:32AM IST The Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these deposits more attractive to overseas depositors. Banks expect to offer higher interest rates, potentially up to 100 basis points. This initiative seeks to increase dollar inflows through banking channels and revive interest in FCNR(B) deposits.

Continue reading at Economic Times

1h

INDIA BUSINESS | Sat, 6 Jun 2026, 12:25AM IST With inflation on the rise, Indian shoppers are favoring compact product packaging. This shift not only reflects changing consumer habits but also urges fast-moving consumer goods firms to innovate. In light of increased costs for raw materials, these companies are streamlining their offerings by offering less in each package.

Continue reading at Economic Times

2h

INDIA BUSINESS | Sat, 6 Jun 2026, 12:15AM IST In a bid to regulate, India's telecom authority TRAI is exploring potential guidelines for online television services, sparking a backlash from digital firms and broadcasters alike. They worry about the implications of rules that could disproportionately affect OTT platforms and digital news sites, which currently abide by IT regulations without the necessity of licenses.

Continue reading at Economic Times

2h

INDIA MARKET | Sat, 6 Jun 2026, 12:03AM IST SBI Mutual Fund on Friday bought stakes in Adani Enterprises and Adani Energy Solutions from US-based GQG Partners for Rs 5,747 crore through open market transactions. SBI Mutual Fund purchased 1,64,39,984 shares representing nearly a 1.3 per cent stake in Adani Enterprises, the flagship entity of the Adani Group, according to block deal data on the National Stock Exchange (NSE). In addition, SBI MF also acquired 63,65,796 shares, amounting to a 0.52 per cent stake in Adani Energy Solutions. The shares were picked up in the price range of Rs 1,504.80-2,913.40 apiece, taking the combined transaction value to Rs 5,747.55 crore. Meanwhile, Rajiv Jain-backed GQG Partners, through its affiliate GQG Partners Emerging Markets Equity Fund, offloaded the same number of shares in the two Adani group companies. The stake buy comes after SBI Mutual Fund last month acquired a 0.45 per cent stake in Adani's flagship firm Adani Enterprises, for Rs 1,435 crore. Shares of Adani Enterprises rose 2

Continue reading at Business Standard

2h

INDIA BUSINESS | Fri, 5 Jun 2026, 11:58PM IST State-owned NTPC Ltd is seeking expressions of interest for developing thermal power units capable of operating at significantly lower loads, down to 25%. This move aims to enhance grid flexibility and support the integration of a growing share of variable renewable energy sources like solar and wind power.

Continue reading at Economic Times

2h

INDIA BUSINESS | Fri, 5 Jun 2026, 11:53PM IST RBI sees India's economy as resilient, but warns that geopolitical tensions, rising oil prices, inflation risks and a weak monsoon could test growth

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2h

INDIA NEWS | Fri, 5 Jun 2026, 11:51PM IST Full-year GDP growth pegged at 7.7%

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2h

INDIA NEWS | Fri, 5 Jun 2026, 11:50PM IST PM Modi said India has remained resilient through global crises, highlighting self-reliance, energy security and infrastructure-led growth

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2h

INDIA MARKET | Fri, 5 Jun 2026, 11:28PM IST CBSE extends last date for re-evaluation portal by a day to June 7

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3h

INDIA BUSINESS | Fri, 5 Jun 2026, 11:25PM IST RBI Governor Sanjay Malhotra said the 4% inflation target remains sacrosanct, while stressing a data-driven approach amid supply-side risks and uncertainty

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3h

INDIA BUSINESS | Fri, 5 Jun 2026, 11:24PM IST While the cars will be owned by the taxi service provider, drivers will initially be employed on a fixed-salary model before being transitioned to a revenue-sharing arrangement as the business scales up

Continue reading at The Hindu

3h

INDIA MARKET | Fri, 5 Jun 2026, 11:23PM IST A fire broke out at around 8 p.m. local time on June 3 at one of Tata Steel UK's processing lines.

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3h

INDIA BUSINESS | Fri, 5 Jun 2026, 11:18PM IST Answering another question on what worries the RBI the most, he said, Its the duration of the conflict and the time it would take for the restoration of the supply chain.

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3h

INDIA MARKET | Fri, 5 Jun 2026, 11:17PM IST Hoffman joined Microsoft's board in 2017 following the company's acquisition of LinkedIn, which he co-founded in 2002.

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3h

INDIA MARKET | Fri, 5 Jun 2026, 11:12PM IST The project would require providing technical support to sub-critical thermal units ranging between 150 MW and 250 MW.

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3h

INDIA MARKET | Fri, 5 Jun 2026, 11:08PM IST File image of Russian President Vladimir Putin

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3h

INDIA MARKET | Fri, 5 Jun 2026, 11:08PM IST Candidates below the prescribed Class 12 marks threshold can join JoSAA counselling, provided they submit revised scorecards meeting eligibility norms by July 15

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3h

INDIA MARKET | Fri, 5 Jun 2026, 11:05PM IST Planning a World Cup trip? Experts warn of fake FIFA 2026 tickets, hotels and flight deals.

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3h

INDIA BUSINESS | Fri, 5 Jun 2026, 11:04PM IST Novo Nordisk and Eli Lilly are expanding obesity drug access globally as demand grows beyond the US and cheaper semaglutide generics enter new markets

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3h

INDIA BUSINESS | Fri, 5 Jun 2026, 10:59PM IST India's leading global airline, Air India, and Saudi Arabia's new national carrier, Riyadh Air, have signed a Memorandum of Understanding (MoU) to establish the foundation for a partnership that will offer guests seamless connections between India, Saudi Arabia, and destinations beyond.

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3h

INDIA MARKET | Fri, 5 Jun 2026, 10:57PM IST File image of US President Donald Trump

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3h

INDIA MARKET | Fri, 5 Jun 2026, 10:55PM IST The lender said it has already paid the affected government departments the principal amount along with applicable interest and recognised the impact in its books during the fourth quarter of fiscal year 2026.

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3h

INDIA BUSINESS | Fri, 5 Jun 2026, 10:48PM IST A forensic review has confirmed a Rs 646 crore fraud at IDFC First Bank's Chandigarh branch was an isolated incident. The fraud involved collusion between bank employees, government officials, and third parties. The bank has paid back the principal amount and interest. IDFC First Bank has implemented new controls to prevent future collusion risks at the branch level.

Continue reading at Economic Times

3h

INDIA MARKET | Fri, 5 Jun 2026, 10:45PM IST Oracle is expected to complete the exit of nearly 30,000 employees.

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3h
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