Taiwan, South Korea overtake India as AI-driven rally reshapes rankings

INDIA MARKET | Tue, 2 Jun 2026, 7:36PM IST Investor enthusiasm for AI-linked semiconductor companies has lifted Taiwan and South Korea above India in global market-cap rankings, highlighting India's limited exposure to the sector

Continue reading at Business Standard

30m

SP Group to complete dual tranche debt sale by mid-June, says report

INDIA BUSINESS | Tue, 2 Jun 2026, 7:32PM IST Goswami Infratech has now secured commitments from at least five foreign and domestic investors to subscribe to a planned rupee-bond issue, the sources added

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35m

US stocks: Fulcrum shares plummet over 50% after scrapping lead sickle-cell drug on FDA concerns

INDIA MARKET | Tue, 2 Jun 2026, 7:31PM IST The oral drug, pociredir, was being tested to treat sickle-cell disease, an inherited blood disorder that can trigger pain, anemia and organ damage and reduce life expectancy.

Continue reading at Economic Times

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Trump Megadonor Gave $5.5 Million Estate to Robert F. Kennedy Jr. Nonprofit

GLOBAL NEWS | Tue, 2 Jun 2026, 7:29PM IST A Mellon heir transferred the adjacent Connecticut properties, covering about 300 acres, at no cost to Childrens Health Defense last year.

Continue reading at The New York Times

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US SEC, Elon Musk defend 'compromise' settlement over Twitter purchases

INDIA MARKET | Tue, 2 Jun 2026, 7:19PM IST Musk called the settlement a fair, adequate and reasonable resolution where "each side gave something up and each side gained something," according to a Monday night filing in the Washington, D.C., federal court.

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CCI orders probe into Mrs India Inc for alleged anti-competitive practices

INDIA MARKET | Tue, 2 Jun 2026, 7:16PM IST CCI has ordered a probe into Mrs India Inc over allegations that it imposed unfair, restrictive and exploitative contractual terms on pageant participants

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IndiGo issues travel advisory for Bengaluru flights as bad weather disrupts schedules

INDIA BUSINESS | Tue, 2 Jun 2026, 7:09PM IST IndiGo has issued a travel advisory for passengers travelling to and from Bengaluru. Adverse weather conditions are disrupting flight schedules. The airline is monitoring the situation and working to ensure safe operations. Passengers are advised to check their flight status before heading to the airport. IndiGo teams are available to assist travellers. Operations are expected to normalise as weather improves.

Continue reading at Economic Times

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US stocks today: US stocks slip at open after record highs

INDIA MARKET | Tue, 2 Jun 2026, 7:04PM IST Wall Street's main indexes opened lower on Tuesday after hitting a series of record highs, while blowout results from Hewlett Packard Enterprise and a funding commitment from Alphabet underscored investor confidence in the AI buildout.

Continue reading at Economic Times

1h

TMC Will Break '100%', Maharashtra-Style Split On Cards, Says Bengal Minister Tapas Ray

INDIA MARKET | Tue, 2 Jun 2026, 6:57PM IST Kolkata: TMC supremo Mamata Banerjee holds a sit-in protest against the alleged attacks on party leaders and workers in Kolkata on Tuesday.

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1h

Fuel price hikes could add up to 48 bps to inflation, warns Crisil

INDIA NEWS | Tue, 2 Jun 2026, 6:56PM IST Crisil said cumulative increases in petrol and diesel prices could approach Rs 10 per litre, raising transport costs and exerting upward pressure on both food and core inflation

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1h

IT shares surge most in a year, helping benchmarks end losing streak

INDIA MARKET | Tue, 2 Jun 2026, 6:52PM IST The Nifty IT index jumped 4.2 per cent, its biggest single-day gain since May 2025, as optimism around AI adoption and software spending boosted sentiment

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1h

SMBC Set To Name First Indian As Local Unit Head In Expansion

INDIA MARKET | Tue, 2 Jun 2026, 6:51PM IST The appointment is part of a broader leadership reshuffle across Sumitomo Mitsui's banking and non-banking operations in India.

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1h

smallcase launches mutual fund model portfolios, expands beyond stocks and ETFs

INDIA MUTUAL FUNDS | Tue, 2 Jun 2026, 6:51PM IST smallcase has launched mutual fund model portfolios, expanding beyond stocks and ETFs. The new offering provides professionally managed portfolios of direct mutual funds across asset classes, helping investors simplify fund selection, portfolio construction and monitoring while aligning investments with specific financial goals.

Continue reading at Economic Times

1h

Centre transfers CBSE chief, secretary; orders probe into OSM procurement

INDIA MARKET | Tue, 2 Jun 2026, 6:47PM IST The Cabinet Secretariat has formed a one-member committee to examine procurement of CBSE's On-Screen Marking system amid growing scrutiny over evaluation-related complaints

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1h

SpaceX Pushes For 'Lowest IPO Fee Rates Ever'; Banks Still Likely To Rake In $500 Million

INDIA MARKET | Tue, 2 Jun 2026, 6:45PM IST Space X is targeting a mid-June listing, reports had earlier mentioned.

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1h

Heat wave drives over 30% growth in Mother Dairy's summer product sales

INDIA BUSINESS | Tue, 2 Jun 2026, 6:44PM IST Sales of ice creams, buttermilk and curd rose more than 30 per cent this summer as consumers turned to cooling dairy products amid intense heat-wave conditions

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1h

India's Fuel Exports Fall To Near Four-Year Low As US-Iran War Disrupts Energy Trade

INDIA MARKET | Tue, 2 Jun 2026, 6:36PM IST India's refiners reduced fuel exports amid Strait of Hormuz disruptions, rising LPG production and efforts to safeguard local supplies.

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1h

Mother Dairy targets 20% revenue growth to Rs 24,000 cr in FY27, eyes new markets

INDIA BUSINESS | Tue, 2 Jun 2026, 6:34PM IST With sights set on a robust 20 percent rise in turnover this fiscal year, Mother Dairy aims to surpass Rs 24,000 crore driven by heightened consumer demand and bold market entry strategies. The establishment of new dairy plants in Maharashtra and Bihar will bolster this growth.

Continue reading at Economic Times

1h

CBSE Chairman, Secretary Transferred; Centre Orders Probe Into OSM Services Procurement

INDIA MARKET | Tue, 2 Jun 2026, 6:33PM IST The government has constituted an inquiry committee to investigate the procurement of OSM services

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1h

Centre Invites Applications For Two Whole-Time Member Posts At SEBI

INDIA MARKET | Tue, 2 Jun 2026, 6:31PM IST The eligible candidates can apply for the positions by June 30.

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1h

Karnataka Bank partners with Tobacco Board

INDIA MARKET | Tue, 2 Jun 2026, 6:31PM IST To provide customized financial solutions to registered tobacco growers across Karnataka

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1h

Alkem launches semaglutide in ready-to-use single-shot pre-filled syringes

INDIA MARKET | Tue, 2 Jun 2026, 6:31PM IST Alkem is the first company in India to introduce semaglutide in single-shot pre-filled syringe format, expanding treatment options for patients and lowering entry barriers with its affordable pricing. The ready-to-use single shot pre-filled syringe format offers enhanced access, and convenience.

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1h

Board of Canara Bank approves capital raising up to Rs 8,500 cr for FY 2027

INDIA MARKET | Tue, 2 Jun 2026, 6:31PM IST At meeting held on 02 June 2026

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1h

Indian Overseas Bank receives IFSCA approval for branch at GIFT City

INDIA MARKET | Tue, 2 Jun 2026, 6:31PM IST The validity of the license is perpetual and subject to such terms and conditions as may be specified by IFSCA.

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1h

Martin Scorsese Is Embracing A.I.

GLOBAL NEWS | Tue, 2 Jun 2026, 6:30PM IST In a clear sign of Hollywoods softening stance on artificial intelligence, the cinema icon is backing Black Forest Labs, an image generation start-up.

Continue reading at The New York Times

1h

Mother Dairy Sees No Further Milk Price Hike Amid 'Comfortable' Supply Situation

INDIA MARKET | Tue, 2 Jun 2026, 6:26PM IST NDDB Chairman and MD Meenesh Shah and Mother Dairy Fruit & Vegetable Pvt. Ltd. Deputy MD Jayatheertha Chary.

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1h

Gold Rebounds To Rs 1.61 Lakh/10g As Weak Dollar Revives Bullion Demand

INDIA MARKET | Tue, 2 Jun 2026, 6:25PM IST A saleswoman looks on as jewellery is displayed inside a showroom on the occasion of Akshaya Tritiya in Agartala, Tripura, on April 19, 2026.

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1h

Milk supply situation comfortable; no intention to hike retail prices: Mother Dairy chairman

INDIA BUSINESS | Tue, 2 Jun 2026, 6:18PM IST Mother Dairy chairman Meenesh Shah asserted that the milk supply situation and procurement of milk from farmers in the country are comfortable now

Continue reading at The Hindu

1h

IMD Forecast: Delhi-NCR, Kerala Brace For Heavy Rain; Heatwave Grips Northwest India

INDIA MARKET | Tue, 2 Jun 2026, 6:16PM IST IMD predicts that temperatures may rise by by 4-6C in the Northwest region

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1h

Govt to phase out WPI, launch new Producer Price Index in 5 years

INDIA MARKET | Tue, 2 Jun 2026, 6:16PM IST The five-year period would give sufficient time to users to switch from WPI to PPI

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1h

Drone Warfare: After Iran's Shahed, Here's Why Hezbollah's 'Night-Hunters' Are In Spotlight

INDIA MARKET | Tue, 2 Jun 2026, 6:15PM IST The Wall Street Journal reported that Hezbollah's one-way attack drones have become one of Israel's primary security concerns along its northern border.

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1h

NEET MDS 2026 Result OUT; Check Direct Link To Access Merit List, Results And Cut-Off Scores

INDIA MARKET | Tue, 2 Jun 2026, 6:15PM IST NEET MDS 2026 Result will be announced today

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1h

Rupee weakness unlikely to prompt RBI rate hike at June MPC meeting

INDIA NEWS | Tue, 2 Jun 2026, 6:13PM IST Economists expect the RBI to keep rates unchanged and rely on intervention and regulatory measures to manage rupee volatility while maintaining focus on inflation

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1h

India, US begin 3-day talks to finalise details of trade agreement

INDIA NEWS | Tue, 2 Jun 2026, 6:13PM IST The chief negotiators of India and the US on Tuesday began a three-day round of talks here to finalise the details of the proposed interim trade agreement, an official said. The framework for the pact was finalised in February. The US team is led by its chief negotiator Brendan Lynch. India's chief negotiator is Darpan Jain, who is an additional secretary in the Department of Commerce. The talks are underway at Vanijya Bhavan here, the headquarters of the Commerce and Industry Ministry. The two sides are looking to finalise the details of the interim trade agreement and take forward the negotiations for the broader bilateral trade agreement (BTA). On February 7, India and the US issued a joint statement finalising the contours or framework of the first phase of the BTA or an interim trade deal. According to the framework, the US had agreed to reduce tariffs on India to 18 per cent from 50 per cent. It had removed the 25 per cent tariffs on Indian goods for buying Russian oil and

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1h

CBSE Chairman, Secretary transferred as Centre cracks down after OSM controversy

INDIA BUSINESS | Tue, 2 Jun 2026, 6:12PM IST In a bold move, the Centre has relocated CBSE Chairman Rahul Singh and Secretary Himanshu Gupta, responding to growing concerns over the Board's tech-based evaluation system. An inquiry into the procurement process for On-Screen Marking services has been launched, aiming to tackle the criticisms head-on.

Continue reading at Economic Times

1h

OYO IPO: Hotel Chain's Parent Gets SEBI Nod; Aims For Rs 6,650 Crore Via Fresh Issue

INDIA MARKET | Tue, 2 Jun 2026, 6:11PM IST Prism had filed the preliminary IPO papers with SEBI in December 2025, confidentially.

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1h

MIL Industries & Aerospace reports standalone net profit of Rs 0.93 crore in the March 2026 quarter

INDIA MARKET | Tue, 2 Jun 2026, 6:08PM IST Sales rise 38.94% to Rs 5.53 crore

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1h

Nandini Texcom India reports standalone net loss of Rs 0.10 crore in the March 2026 quarter

INDIA MARKET | Tue, 2 Jun 2026, 6:08PM IST Sales rise 34.93% to Rs 20.05 crore