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INDIA MARKET | Sun, 21 Jun 2026, 1:54PM IST The launch of the direct air services between the Navi Mumbai International Airport and Abu Dhabi will make Air India Express the first airline to operate international flights from Maharashtra's greenfield airport.

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INDIA NEWS | Sun, 21 Jun 2026, 1:50PM IST India and the 27-nation European Union will sign the free trade agreement by December and are likely to implement the pact during February- March next year, Commerce and Industry Minister Piyush Goyal said on Sunday. On January 27 this year, India and the EU announced the conclusion of negotiations for the 'mother of all deals'. "Now, with almost zero duty, almost the entire European market will be open for us. The EU's FTA (free trade agreement) will be signed by December and will be effective by February-March," Goyal said during an interaction with chartered accountants in Mumbai. He also said that his US Trade Representative, Jamieson Greer, is coming to India this week to hold trade pact talks with him. "The whole world is looking towards India," he added. Under the India-EU FTA, about 93 per cent of Indian shipments will enjoy duty-free access to the 27-nation bloc, while imports of luxury cars and wines from the EU will become less expensive. Taken together, India and the

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INDIA MARKET | Sun, 21 Jun 2026, 1:50PM IST The market valuation of Bharti Airtel surged by Rs 52,432.67 crore to Rs 11,62,963.30 crore, the most among the top-10 firms.

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INDIA BUSINESS | Sun, 21 Jun 2026, 1:41PM IST Indian mountain getaways are booming, with Zostel reporting a 76% surge in Shimla bookings and nearly 95% growth in other popular spots like Srinagar. Spontaneous travel is on the rise, with almost half of bookings made within three days of departure. Travellers are also exploring lesser-known destinations.

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INDIA NEWS | Sun, 21 Jun 2026, 1:41PM IST Air India Express on Sunday said bookings for its direct flights between the Navi Mumbai International Airport and Abu Dhabi, starting July 15, are now open on the airline's website, mobile app, and other major channels.The launch of the direct air services between the Navi Mumbai International Airport and Abu Dhabi will make Air India Express the first airline to operate international flights from Maharashtra's greenfield airport, it said.The new route provides travellers across the Mumbai Metropolitan Region with a second gateway to the UAE, enhancing accessibility, convenience, and travel choice, Air India Express said in a statement.Air India Express said these flights will operate from July, with an initial frequency of two weekly services, scaling to three weekly flights from July 29.With the addition of this route, Air India Express will operate 30 weekly flights from Navi Mumbai, connecting the airport directly to Abu Dhabi, Bengaluru, and Delhi.The airline said its presence in Maharashtra continues to grow steadily, with over 95 weekly flights from Mumbai, more than 100 weekly flights from Pune and 14 weekly flights from Nagpur.The low-cost subsidiary of the Air India group, Air India Express, currently operates over 500 daily flights, connecting 43 domestic and 16 international destinations across South, Southeast and West Asia with a fleet of over 100 aircraft comprising Boeing 737s and Airbus A320s.

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INDIA NEWS | Sun, 21 Jun 2026, 1:40PM IST The country's merchandise exports rose by about 15 per cent during April-June 14 this year despite global economic uncertainties, Commerce and Industry Minister Piyush Goyal said on Sunday. The Commerce Ministry will formally release the export and import data for June on July 15. Goyal said that despite 50 per cent tariffs imposed by the US, India's exports in 2025-26 recorded healthy growth. "Even now, if we see April, May and 14 days of June. I have data until June 14, it (exports growth) is 15 per cent," he said during an interaction with chartered accountants in Mumbai. India's exports climbed to a six-month high of 18 per cent to USD 45.2 billion in May, while the trade deficit widened to USD 28.21 billion. During April-May 2026-27, exports rose 16.09 per cent to USD 88.91 billion and imports jumped 15.14 per cent to USD 145.35 billion. The trade deficit stood at USD 56.44 billion during the period. He also urged the chartered accountants to contribute to make India a 'Viks

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INDIA NEWS | Sun, 21 Jun 2026, 1:25PM IST The combined market valuation of nine of the top-10 most valued firms jumped by Rs 2.15 lakh crore last week, with Bharti Airtel emerging as the biggest winner, in line with improving global risk sentiment.Last week, the BSE benchmark Sensex jumped 1,274.95 points, or 1.68 per cent."Indian equity markets extended their recovery during the week, supported by easing geopolitical concerns, softer crude oil prices, and improving global risk sentiment. Although negotiations remain ongoing and the agreement is yet to be fully implemented, the reduction in geopolitical uncertainty has significantly improved market sentiment," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said.The market valuation of Bharti Airtel surged by Rs 52,432.67 crore to Rs 11,62,963.30 crore, the most among the top-10 firms.Life Insurance Corporation of India (LIC) added Rs 51,675.23 crore, taking its valuation to Rs 5,56,726.30 crore.The valuation of Bajaj Finance soared by Rs 26,553.71 crore to Rs 5,98,501.25 crore, and that of Reliance Industries jumped by Rs 22,464.02 crore to Rs 17,71,882.96 crore.Also Read | Earnings of OMCs seen weak as Q1FY27 under-recoveries bite: ReportThe market capitalisation (mcap) of Larsen & Toubro climbed Rs 21,929.12 crore to Rs 5,79,126.95 crore, and that of State Bank of India rallied Rs 16,753.57 crore to Rs 9,55,415.07 crore.HDFC Bank's mcap edged higher by Rs 11,948.72 crore to Rs 12,01,263.14 crore, and that of Hindustan Unilever advanced by Rs 6,661.1 crore to Rs 5,15,946.75 crore.The valuation of ICICI Bank rose by Rs 4,724.22 crore to Rs 9,66,021.99 crore.However, the market value of TCS declined by Rs 12,699.49 crore to Rs 7,69,350.13 crore.Reliance Industries remained the most valued domestic firm, followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen & Toubro, LIC and Hindustan Unilever.

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INDIA MARKET | Sun, 21 Jun 2026, 1:25PM IST Indian equity markets saw a significant boost last week, with the top ten firms gaining Rs 2.15 lakh crore. Bharti Airtel led the surge, adding over Rs 52,000 crore to its valuation. This rally was fueled by easing geopolitical tensions and improved global investor confidence. Reliance Industries retained its position as the most valued company, despite a slight dip in TCS's market cap.

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INDIA NEWS | Sun, 21 Jun 2026, 1:23PM IST The issue currently pending is that our duties need to be lower compared to those of competing nations, said Piyush Goyal

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INDIA MARKET | Sun, 21 Jun 2026, 1:14PM IST Market participants expect the RBI to disclose FCNR(B) inflow data regularly after asking banks to submit daily figures under the special concessional scheme

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INDIA MARKET | Sun, 21 Jun 2026, 1:09PM IST The combined market valuation of nine of the top-10 most valued firms jumped by Rs 2.15 lakh crore last week, with Bharti Airtel emerging as the biggest winner, in line with improving global risk sentiment. Last week, the BSE benchmark Sensex jumped 1,274.95 points, or 1.68 per cent. "Indian equity markets extended their recovery during the week, supported by easing geopolitical concerns, softer crude oil prices, and improving global risk sentiment. Although negotiations remain ongoing and the agreement is yet to be fully implemented, the reduction in geopolitical uncertainty has significantly improved market sentiment," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. The market valuation of Bharti Airtel surged by Rs 52,432.67 crore to Rs 11,62,963.30 crore, the most among the top-10 firms. Life Insurance Corporation of India (LIC) added Rs 51,675.23 crore, taking its valuation to Rs 5,56,726.30 crore. The valuation of Bajaj Finance soared by Rs 26,55

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INDIA BUSINESS | Sun, 21 Jun 2026, 1:09PM IST Two flights heading to Visakhapatnam were rerouted to Hyderabad's Rajiv Gandhi International Airport overnight due to severe weather. IndiGo flights from Navi Mumbai and Bengaluru faced landing challenges at their intended destination. The aircraft later resumed their journey to Visakhapatnam once the weather cleared, departing Hyderabad in the late hours of Saturday and early Sunday morning.

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INDIA BUSINESS | Sun, 21 Jun 2026, 1:05PM IST Oil and Natural Gas Corp (ONGC) should increasingly be seen as a "gas-and-oil" company rather than an oil-and-gas producer, its chairman Arun Kumar Singh said, underscoring a strategic shift as natural gas output outpaces crude oil. "Gas is now slightly more than oil in our portfolio," Singh told analysts, adding that ONGC's future growth will be driven largely by gas production even as crude output remains broadly flat without major new discoveries. "We should call ourselves a gas and oil company, not an oil and gas company." Singh said gas is emerging as the dominant growth driver for the state-run explorer, with rising domestic demand, supportive pricing reforms and new field developments pushing production higher. "Gas is a more valued fuel in the Indian context, and ONGC is gradually becoming a more gas-heavy company," Singh said, adding that gas output already exceeds oil and will continue to expand over the coming years. While oil production is likely to remain flat, gas ou

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INDIA MARKET | Sun, 21 Jun 2026, 1:01PM IST While oil production is likely to remain flat, gas output will rise as newer fields are put into production.

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INDIA BUSINESS | Sun, 21 Jun 2026, 1:00PM IST Tata Motors has secured over 3,400 orders for electric commercial vehicles, signaling a significant shift in India's fleet operator adoption. These orders span across small commercial vehicles, trucks, and buses, destined for diverse sectors like e-commerce and logistics. This surge indicates a move beyond pilot projects towards large-scale integration of electric vehicles into daily commercial operations, with Tata Motors expanding its comprehensive EV solutions.

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INDIA NEWS | Sun, 21 Jun 2026, 12:49PM IST State-run Oil and Natural Gas Corporation (ONGC) is repositioning itself as a more gas-focused energy producer, with Chairman and CEO Arun Kumar Singh saying the company should increasingly be viewed as a gas and oil firm rather than an oil and gas company.Singh told analysts that natural gas production has already surpassed crude oil output in ONGCs portfolio, marking a structural shift in the companys production mix.Gas is now slightly more than oil in our portfolio, he said, adding that future growth will be led primarily by expanding gas output even as crude production remains largely flat.Oil output steady, gas set for expansionAccording to Singh, ONGCs crude oil production is expected to remain broadly stable unless major new discoveries are made. In contrast, gas output is projected to rise steadily as new fields come online.Also Read: No real spike in petrol, diesel prices in India despite global crude oil market volatility: Hardeep Singh PuriHe estimated gas production growth of around 7-8% annually, supported by developments in deepwater and discovered fields such as DSF assets, DUDP projects, and offshore wells scheduled for commissioning in the coming years.Policy support and pricing reforms aid shiftThe ONGC chief highlighted that regulatory changes and pricing reforms have improved the economics of natural gas production. He noted that new well gas prices linked to crude benchmarks have strengthened upstream profitability and encouraged investment.Singh also said Indias rising demand for gas across industry, power, and transport is reinforcing the transition toward a gas-heavy portfolio.Offshore investments and production strategyONGC is currently investing about 33,000 crore in offshore projects aimed at sustaining and increasing output. The company is also focusing on enhanced recovery from mature fields, particularly in its Western Offshore assets, which account for a significant share of production.Also Read: Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryA technical service partnership model with BP covering Western Offshore operations has already shown early operational improvements, Singh said.Overseas assets and clean energy pushOn international operations, ONGC reported stable production from Sakhalin in Russia, while Mozambiques LNG project is progressing toward potential completion by 2028. Venezuela output could also improve depending on regulatory conditions.Separately, ONGC is expanding its non-fossil energy portfolio. Its renewable arm, ONGC Green, is targeting nearly 3 GW of capacity in the coming year, while its petrochemicals subsidiary OPaL is expected to see a turnaround.The companys leadership sees gas as a more attractive and strategically important fuel in Indias energy mix, supported by demand growth and policy backing.With oil output largely plateauing and gas production accelerating, ONGC is positioning itself for a long-term transition toward a gas-led upstream business model.(With inputs from agencies)

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INDIA BUSINESS | Sun, 21 Jun 2026, 12:49PM IST State-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production has surpassed oil, with future growth expected to be driven by expanding gas output. Policy reforms and rising domestic demand are supporting this strategic pivot, as ONGC invests heavily in offshore projects and explores clean energy avenues.

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INDIA MARKET | Sun, 21 Jun 2026, 12:43PM IST The India A opener bounced back from a lean run and a recent on-field altercation to blast 10 fours and eight sixes in the tri-series final in Dambulla.

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INDIA BUSINESS | Sun, 21 Jun 2026, 12:38PM IST Imports from the United States fell sharply to 91,000 bpd from 2,52,000 bpd in May, according to Kpler data

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INDIA MARKET | Sun, 21 Jun 2026, 12:35PM IST Analyst target prices suggest several Sensex heavyweights could offer strong upside over the next 12 months. Based on Trendlyne consensus estimates, stocks including TCS, Infosys, HIL, Eternal and Reliance Industries show return potential ranging from 20% to 40% amid a more selective market environment.

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INDIA NEWS | Sun, 21 Jun 2026, 12:33PM IST Venices newly elected mayor, Simone Venturini, has proposed increasing the citys controversial entrance fee for day visitors to as much as 50, as authorities intensify efforts to tackle overtourism in the historic lagoon city, according to a report by The Guardian.Venturini, a right-wing politician who took office in late May, said the higher fee would apply during periods of heavy tourist traffic and is intended to discourage excessive day-trip arrivals while helping protect the UNESCO-listed destination.Proposal awaits government approvalThe Venice administration is preparing a proposal for Italys national government seeking permission to raise the admission charge from its current level. Under the plan, visitors could be required to pay between 30 and 50 on peak days once predetermined booking thresholds are exceeded.The admission fee is currently the only effective tool to control daily visitor numbers, Venturini said, adding that the city is working to strike a balance between the needs of residents, workers and tourists, according to The Guardian report.Also Read: France restricts public alcohol consumption, outdoor sports as heat wave bakes parts of EuropeRevenue to support city maintenanceDay visitors must pay the fee online and obtain a QR code, which is checked by stewards stationed at key entry points, including Venezia Santa Lucia railway station.Tourists staying overnight in Venice, residents of the wider Veneto region and children under 14 are exempt from the charge, although overnight guests must still register their visit through the citys online system, as per The Guardian report.Also Read: Japan to increase visa fees for foreign visitors from July 1According to Venturini, revenue from the fee will help fund public services and contribute to the upkeep of Venice, where annual maintenance and preservation costs exceed 100 million.Entry fee expanded since 2024 launchVenice became the first major tourist city in the world to charge an entry fee for day-trippers when it introduced a 5 levy on selected peak days in 2024. The scheme initially covered 29 days between April and July.The programme was expanded in 2025 to 54 days, with last-minute visitors paying double the standard rate. This year, the entry charge applies on 60 designated dates.

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GLOBAL NEWS | Sun, 21 Jun 2026, 12:30PM IST Post-pandemic, a new openness to accommodating family needs has made it possible for more mothers and fathers to balance work and parenting particularly mothers of young children.

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INDIA MARKET | Sun, 21 Jun 2026, 12:22PM IST Dalmia Bharat remains optimistic about the cement industry's growth prospects and expects cement demand to expand at a compound annual growth rate (CAGR) of 6-7 per cent over the next few years, driven by government-led infrastructure spending, private-sector investments, and rising housing demand amid increasing urbanisation.

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INDIA BUSINESS | Sun, 21 Jun 2026, 12:17PM IST Voltas has achieved a significant milestone, selling one million room air conditioners in the first three months of the 2026-27 financial year, a record for the company. This success, attributed to a refreshed product line and strong consumer trust, reinforces Voltas' leadership in India's competitive AC market. The industry anticipates robust sales this year following a subdued 2025, with demand boosted by intense heatwaves and strategic company initiatives.

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INDIA MARKET | Sun, 21 Jun 2026, 12:17PM IST India imported an average of 2.66 million barrels per day of crude oil from Russia in June, through June 19, compared to 1.91 million bpd in May, data from maritime and commodity intelligence firm Kpler showed, cementing Moscow's position as the country's largest oil supplier.

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INDIA BUSINESS | Sun, 21 Jun 2026, 12:16PM IST Leading room air conditioner maker Voltas said it has crossed the milestone of selling one million units within the first three months of the ongoing 2026-27 financial year. The Tata Group company claimed it has achieved the landmark in record time and further strengthened its leadership position in the Indian room air conditioner (RAC) market. In 2023-24, Voltas claimed to have achieved the two-million RAC sales milestone, which was the industry's first. Earlier in April this year, rival LG Electronics India also announced that it has crossed the one-million air-conditioner sales mark in the first quarter of calendar year 2026, ahead of the peak summer season, underscoring strong demand momentum in the country's RAC market. The Indian RAC industry size is estimated to be approximately 12.5 -14 million units annually. Voltas attributed the milestone to a series of strategic initiatives undertaken over the past year, including a refreshed product portfolio with differentiated offer

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INDIA MARKET | Sun, 21 Jun 2026, 12:15PM IST Australia lead the series 2-0

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INDIA MARKET | Sun, 21 Jun 2026, 12:04PM IST Nine penny stocks have surged between 25% and 125% in the past six months, identified through filters like market cap under Rs 1,000 crore and share price below Rs 20. These micro-cap stocks, with active trading volumes, highlight the potential for significant returns in this segment.

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INDIA MARKET | Sun, 21 Jun 2026, 11:57AM IST SEBIs decision to restore open-market buybacks through stock exchanges marks a pragmatic regulatory shift that supports efficient capital allocation. The move recognises evolving market dynamics while maintaining safeguards, giving companies greater flexibility to return surplus capital and strengthening confidence in market-led decision-making.

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INDIA MARKET | Sun, 21 Jun 2026, 11:52AM IST Indian fathers are redefining legacy, moving beyond just assets to financial behaviour. The rise of micro-investing and digital platforms allows for consistent, small-scale participation, making wealth creation an everyday habit. This shift, driven by accessibility and automation, teaches children valuable lessons in discipline and long-term planning, shaping a more enduring inheritance than mere wealth.

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INDIA BUSINESS | Sun, 21 Jun 2026, 11:50AM IST The government says that with the GDP valued at $4.18 trillion, India has surpassed Japan to become the worlds fourth largest economy, it says that the country is poised to displace Germany from the third rank with a projected GDP of $7.3 trillion by 2030

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INDIA BUSINESS | Sun, 21 Jun 2026, 11:46AM IST India's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imports. This shift represents a calculated diversification strategy, influenced by attractive discounts and apprehensions surrounding the Strait of Hormuz. Venezuela is stepping into a crucial role, while the reopening of the Strait indicates a slow path towards normalized supplies, beginning with LPG's anticipated recovery.

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INDIA MARKET | Sun, 21 Jun 2026, 11:42AM IST Water purifier brands are urging consumers to understand what's flowing from their taps before making a purchase, reflecting a broader shift towards managing health risks before they become problems.

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INDIA MARKET | Sun, 21 Jun 2026, 11:36AM IST India imported an average of 2.66 million barrels per day of crude oil from Russia in June, through June 19, compared to 1.91 million bpd in May

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INDIA BUSINESS | Sun, 21 Jun 2026, 11:24AM IST Working with Iran, India had established a process for evacuating ships serving its needs and successfully brought back more than a dozen vessels, largely carrying energy supplies

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INDIA BUSINESS | Sun, 21 Jun 2026, 11:22AM IST Dalmia Bharat is planning to raise up to Rs 4,000 crore through various instruments to support its growth plans, as it targets to expand its manufacturing capacity to 110-130 million tonnes per annum by FY31 through a mix of acquisitions, greenfield and brownfield projects. The country's fourth-largest cement maker, which currently has a significant presence across eastern, northeastern and southern India, plans to scale its cement manufacturing capacity from around 49.5 million tonnes per annum (MTPA) to 75 MTPA in the medium term, according to the company's latest annual report. Dalmia Bharat remains optimistic about the cement industry's growth prospects and expects cement demand to expand at a compound annual growth rate (CAGR) of 6-7 per cent over the next few years, driven by government-led infrastructure spending, private-sector investments, and rising housing demand amid increasing urbanisation. "This will create long-term volume-growth opportunity across regions. Our ...

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INDIA NEWS | Sun, 21 Jun 2026, 11:19AM IST New Delhi: Dalmia Bharat is planning to raise up to Rs 4,000 crore through various instruments to support its growth plans, as it targets to expand its manufacturing capacity to 110-130 million tonnes per annum by FY31 through a mix of acquisitions, greenfield and brownfield projects.The country's fourth-largest cement maker, which currently has a significant presence across eastern, northeastern and southern India, plans to scale its cement manufacturing capacity from around 49.5 million tonnes per annum (MTPA) to 75 MTPA in the medium term, according to the company's latest annual report.Dalmia Bharat remains optimistic about the cement industry's growth prospects and expects cement demand to expand at a compound annual growth rate (CAGR) of 6-7 per cent over the next few years, driven by government-led infrastructure spending, private-sector investments, and rising housing demand amid increasing urbanisation.Also Read: Cement demand growth likely to moderate to around 5% in FY27: Ambuja Cements"This will create long-term volume-growth opportunity across regions. Our calibrated capacity expansion to 110-130 MTPA capacity by 2031 is strategically aligned with this demand growth outlook," said the company, outlining its ambitious expansion roadmap to strengthen its position in the domestic cement industry.As part of its long-term growth strategy, the company aims to expand into geographies where it currently has limited or no presence, while simultaneously undertaking strategic capacity additions in existing markets to address demand gaps and increase market share."The company anticipates growth opportunities in its existing operations and continues to evaluate various avenues for organic expansion and inorganic growth. Towards this, the company continues to require capital for achieving such growth and expansion," it said.To support its expansion plans, the company has proposed raising "for an aggregate amount not exceeding Rs 4,000 crore" through public or private offerings, including qualified institutional placements (QIPs), the company said in its agenda point for discussion and voting in the coming AGM.Also Read: Cement firms do well amid strain, but face capacity testThe proposed fundraising, approved by the Board on May 23, 2026, may involve the issuance of equity shares, global depository receipts (GDRs), American depository receipts (ADRs), foreign currency convertible bonds (FCCBs), convertible debentures, preference shares and other eligible securities, it said.The proceeds will be utilised towards "capital expenditure, the prepayment and/or repayment of debts" of the company and its subsidiaries, working capital requirements, investments in subsidiaries and general corporate purposes.Currently, there are only two major cement players in India with a manufacturing capacity of over 100 MTPA.The industry, which is witnessing consolidation through the inorganic route, is led by Aditya Birla Group firm UltraTech Cement with a consolidated capacity of 205.5 MTPA.It is followed by Adani Group firm Ambuja Cements, which has a capacity of 109 MTPA.Addressing the shareholders, Dalmia Bharat Managing Director and CEO Puneet Yadu Dalmia and Managing Director Gautam Dalmia said the company is aligning its growth strategy with India's long-term development ambitions and aims to emerge as a pan-India cement player."As part of our Phase II expansion plan, we announced strategic investments of over Rs 6,800 crore to enhance our cement capacity by 12 MTPA, through capacity additions at Belgaum, Pune and Kadapa," they said, adding Dalmia Bharat is also developing a bulk terminal near Chennai to strengthen its presence in North Tamil Nadu.The cement maker recently signed an agreement to acquire cement assets of Jaiprakash Associates, including plants in Madhya Pradesh and Uttar Pradesh, for an enterprise value of Rs 2,850 crore, they added."This acquisition will provide faster access to central markets compared to a greenfield project and further offers expansion opportunity through debottlenecking, as well as a brownfield approach," said Dalmias.The company reported its highest-ever annual EBITDA of Rs 3,083 crore in FY26, its revenue rose 6 per cent to Rs 14,804 crore and profit after tax jumped 65 per cent to Rs 1,157 crore. It expects its capacity to rise to 66.7 MTPA in FY28."Our expanding presence, combined with increasing production capacity to 66.7 MTPA by Q2-Q3 FY 2027-28 and continued emphasis on sustainable solutions, reflects our commitment to supporting Bharat's infrastructure," they said.Besides, Dalmia Bharat is also focusing on the premiumisation of its cement portfolio through innovation-led products. Its product strategy is centred on specialised Roof, Column and Foundation (RCF) solutions designed to enhance structural performance in construction applications.The company is witnessing a shift towards blended and premium cement products, supported by increased utilisation of Portland Slag Cement (PSC) and advanced formulations, as it seeks to cater to evolving customer requirements and drive value-led growth.

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INDIA BUSINESS | Sun, 21 Jun 2026, 11:19AM IST Dalmia Bharat is set to raise up to Rs 4,000 crore to fuel its ambitious expansion, aiming to reach 110-130 million tonnes per annum cement capacity by FY31. This strategic move, involving acquisitions and organic growth, aligns with anticipated industry demand driven by infrastructure and housing. The company is also focusing on premium products and strengthening its pan-India presence, building on recent acquisitions and strong financial performance.

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3h

INDIA BUSINESS | Sun, 21 Jun 2026, 11:05AM IST India's booming live entertainment scene, evidenced by massive ticket sales for global and local artists, faces a critical hurdle: a severe lack of purpose-built concert venues. Promoters are forced to build temporary arenas, inflating costs and limiting profitability. This infrastructure gap hinders India's potential to become a sustainable entertainment economy, despite strong fan demand and international artist interest. Addressing this bottleneck is crucial for future growth.

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INDIA BUSINESS | Sun, 21 Jun 2026, 11:03AM IST Indian carmakers are set to boost their electric vehicle exports to the UK following a new trade agreement. This pact allows duty-free shipments of locally manufactured EVs under a phased quota system, starting from the sixth year.

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INDIA MARKET | Sun, 21 Jun 2026, 11:00AM IST The free trade agreement (FTA) between the two countries, which is expected to help double two-way commerce to USD 100 billion by 2030, will come into force on July 15.

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INDIA MARKET | Sun, 21 Jun 2026, 10:59AM IST Michael Shearn argues that long-term investing success comes less from prediction and more from discipline, research and process. By using structured checklists, applying strict investment filters and controlling emotions, investors can reduce costly mistakes and make more rational decisions while focusing on business quality and long-term value creation.

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INDIA MARKET | Sun, 21 Jun 2026, 10:52AM IST Oil companies are projected to experience ongoing challenges through FY27, primarily due to anticipated under-recoveries in Q1FY27, with LPG losses being a considerable issue. Although recent declines in crude prices provide short-term relief, ongoing market volatility and required inventory adjustments are expected to squeeze profit margins. A notable threat includes the government's possible retraction of excise duty cuts to mitigate revenue shortfalls.

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INDIA BUSINESS | Sun, 21 Jun 2026, 10:51AM IST The examination is expected to cover topics, including economic growth, inflation, employment, investment trends, fiscal management, banking sector developments, trade and the impact of global developments on India

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INDIA NEWS | Sun, 21 Jun 2026, 10:50AM IST New Delhi: A comparatively weak start of monsoon in the southwest of India has signalled a negative impact on the agricultural activity with a significant fall in kharif sowing on a year-on-year basis, according to a research report by 360 ONE Capital Research.Even as sufficient reservoir levels are expected to provide a safe buffer for irrigation, the firm stressed the need for close monitoring given the current pattern of monsoon. It added that a prolonged rainfall deficit may increase pressure on food prices and rural economic activity, but recovery could still support crop prospects.India's southwest monsoon has begun the 2026 season on a weak note, with rainfall remaining significantly below normal across large parts of the country, 360 ONE Capital Research said.Also Read: El Nino Impact: Milk prices likely to go up, againAccording to the report, cumulative rainfall as of June 17 stood at 46.2 mm, compared with the normal level of 74.3 mm, representing a deficit of 38 per cent. Weekly rainfall for the period ending June 17 was 48 per cent below the long-period average.The report highlights that 22 of India's 36 meteorological subdivisions have received deficient rainfall so far this season. At the district level, nearly 66 per cent of the country has experienced scanty or deficient rainfall, underscoring the broad-based nature of the shortfall. Central India has been particularly affected, recording a rainfall deficit of 62 per cent, while eastern India has seen rainfall 44 per cent below normal.The delayed progress of the monsoon has also begun to affect agricultural activity. "As of June 12, total kharif sowing was reported at 84.6 lakh hectares, down 3.9 per cent from the corresponding period last year. Pulses and cotton have witnessed the sharpest declines, with sowing areas contracting by 43.2 per cent and 28 per cent respectively," according to the report. Rice sowing, however, has shown resilience with a year-on-year increase of 28.4 per cent, albeit from a low base.Also Read: RBI revises Kisan Credit Card norms, standardises crop season definitionDespite weak momentum rainfall, sufficient reservoir levels remains a positive. 360 ONE Capital notes that live reservoir storage as of June 11 was equivalent to 28.3 per cent of total capacity, around 16 per cent above the 10-year average. This provides an important buffer for irrigation needs should rainfall remain uneven in the near term.According to 360 ONE Capital Research, the current monsoon pattern warrants close monitoring, particularly given its implications for agricultural output, rural incomes, and food inflation. While the season has started significantly below normal, the ultimate impact will depend on rainfall distribution during the critical July-August period, which typically accounts for the bulk of India's seasonal precipitation. A recovery in rainfall could still support crop prospects, while a prolonged deficit may increase pressure on food prices and rural economic activity.

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