RBIs digital scam compensation pilot| Explained
INDIA BUSINESS | Thu, 25 Jun 2026, 11:37AM IST
New rules by the central bank would allow victims to avail of a one-time compensation for when they have been tricked or coerced into a fraudulent scam payment
Continue reading at The Hindu
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Airline stocks soar as crude oil slump lifts margin outlook
INDIA MARKET | Thu, 25 Jun 2026, 11:32AM IST
Shares of airline operators rallied on Thursday after international crude oil prices extended their decline, raising hopes of lower fuel costs and improved profitability for the aviation sector.
Continue reading at Business Standard
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Onward Technologies gains after bagging Rs 33-cr engineering services contract
INDIA MARKET | Thu, 25 Jun 2026, 11:31AM IST
Onward Technologies rose 1.63% to Rs 273.85 after the company announced that it had secured an engineering services contract valued at Rs 33 crore from a leading global power management company.
Continue reading at Business Standard
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Crude oil prices crash 42% from Aprils $126 peak. More downside coming?
INDIA MARKET | Thu, 25 Jun 2026, 11:31AM IST
Global oil markets are stabilizing after months of turmoil caused by the Strait of Hormuz closure and war damage. Crude prices have plummeted 42% from their April peak, with Brent falling below $73 a barrel, signaling a return to pre-conflict levels
Continue reading at Economic Times
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Fertilisers, FMCG: Markets not overly worried about weak monsoon just yet
INDIA MARKET | Thu, 25 Jun 2026, 11:26AM IST
According to a recent India Meteorological Department (IMD) release, India recorded 45.6 mm of rainfall by June 20 against the seasonal normal of 84.4 mm, resulting in a 46 per cent shortfall.
Continue reading at Business Standard
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Office leasing down 2% in Apr-Jun across top 7 cities; new supply falls 28%: Colliers
INDIA BUSINESS | Thu, 25 Jun 2026, 11:25AM IST
Office space leasing across seven major Indian cities saw a slight dip of 2% to 17.4 million sq ft in April-June, primarily due to reduced new supply. While Bengaluru, Delhi-NCR, and Hyderabad experienced growth, Mumbai, Pune, Chennai, and Kolkata reported declines. Despite global economic uncertainties, the office market demonstrated resilience, with Grade A space uptake remaining largely stable.
Continue reading at Economic Times
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United Spirits set to cut 100 jobs to curb costs, streamline operations
INDIA BUSINESS | Thu, 25 Jun 2026, 11:25AM IST
United Spirits is cutting around 100 jobs in India as part of parent Diageo's global cost-saving drive. This significant workforce reduction, impacting mid- to senior-level employees, aims to streamline operations and boost productivity. While the company continues investing in key brands and growth markets, further roles could be affected. This move comes despite strong recent financial performance and ongoing supply chain optimization efforts.
Continue reading at Economic Times
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Adani Enterprises regains 4 trillion market cap; zooms 65% in 3 months
INDIA MARKET | Thu, 25 Jun 2026, 11:19AM IST
Share price of Adani Enterprises hit a 52-week high of 3,103.50, has bounced back 77 per cent from its 52-week low of 1,753.45 touched on March 30, 2026.
Continue reading at Business Standard
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US' Anduril eyes Nissan plant to build drones
INDIA NEWS | Thu, 25 Jun 2026, 11:18AM IST
TOKYO: U.S. defence firm Anduril Industries is in talks to acquire Nissan Motor's Oppama assembly plant near Tokyo as the maker of autonomous weapons looks to build military drones in Japan, three sources familiar with the matter told Reuters.While they say no decision has been made, any deal could transform one of Japan's first large-scale postwar car factories, long a symbol of its industrial revival, into an arms-making hub.Also read: Lockheed Martin gets $35 billion US deal to boost THAAD productionThe talks over Oppama, which Reuters is reporting for the first time, come as Prime Minister Sanae Takaichi's government seeks to expand defence manufacturing amid growing concern that a Taiwan Strait crisis could draw in Japan and run down weapons stocks.China, which views democratically governed Taiwan as part of its territory, has not ruled out using force to bring it under control.At the same time, any deal between Anduril and Nissan could draw scrutiny from critics wary of Japan's retreat from postwar pacifism and test public support for converting civilian industry to defence production.It could also raise questions about foreign control because U.S. defence equipment produced in Japan is typically built under licence by domestic companies.Takaichi's government is expected to unveil this year a new national security strategy that could accelerate spending on drones, munitions and other military equipment while mapping out steps to expand arms production.For now, Nissan is talking with other potential buyers and Anduril will still need to secure orders from Japan's military to justify any purchase, said the sources, who sought anonymity as they were not authorised to speak to the media.Also read: Airbound ties up with Andhra Pradesh to build drone delivery networkThey did not say if Anduril had submitted a price for the Oppama site.Nissan declined to comment whether it was in talks with Anduril, adding that no decision had been made on future ownership of the Oppama plant it plans to close in 2028.Anduril said it would not comment on "market speculation", although it said it was working with Japan and "exploring opportunities to strengthen local production".The company is not alone in eyeing Japan's emerging drone market, however. Growing demand in Asia is also attracting Ukrainian companies offering drones battle-tested against Russian forces, sources told Reuters earlier.RETOOLING FOR DEFENCEOppama, which opened in 1961, is located an hour by train south of the capital, and has produced about 18 million vehicles. It was also the birthplace of the Leaf, Nissan's first mass-market electric vehicle, in 2010.Last year, Nissan said it would shutter the factory in its plans to trim production capacity by 1 million vehicles and offer its 2,400 workers jobs elsewhere in Japan.Anduril has yet to decide how much it needs of the site, where research, testing and port facilities sprawl over 1.7 million sq m (18.3 million sq ft), but has offered to retrain workers there to build defence equipment, one of the sources said.The coastal factory is close to Yokosuka naval base, the headquarters of Japan's Maritime Self-Defense Force and home to the U.S. Navy's only forward-deployed aircraft carrier strike group. Oppama also lies in the parliamentary district of Defence Minister Shinjiro Koizumi.Koizumi met Anduril founder Palmer Luckey in December when he visited Tokyo for the opening of the firm's Japanese unit.Japan had "much to learn from Anduril," Koizumi said on X later, adding that ties with the company could help develop the defence industry.Anduril's collaboration with General Motors in the United States was an example of cooperation between drone makers and the auto industry, Koizumi told parliament in April.A Japanese defence ministry spokesperson declined to comment on any discussions involving Anduril and Nissan's Oppama plant.Luckey, who invented the Oculus Rift virtual reality headset, co-founded Anduril in 2017. The company says it can build autonomous weapons more cheaply and quickly than established defence contractors.This month, the U.S. Air Force awarded Anduril and General Atomics a contract to build its first fleet of semi-autonomous combat aircraft, which will be paired with crewed fighters.Last year, to show it could meet Japan's domestic-content requirements, Anduril built a prototype drone dubbed Kizuna, or "bond" in Japanese, using only Japanese components.The company has also started units in Taiwan and South Korea in an effort to tap rising military spending by governments in the region seeking to deter China from using military force to pursue its territorial claims.
Continue reading at Economic Times
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Euro attempts recovery against dollar from around 12-month low
INDIA MARKET | Thu, 25 Jun 2026, 11:17AM IST
Euro attempts recovery against the dollar on Thursday after being pushed to its lowest level in almost a year. EUR/USD is seen quoting at $1.1403, up marginally on the day after the counter was severely battered through the week and last as dollar firmed up on a hawkish Fed stance. Possibility of more than one Federal rate hike this year to tame soaring inflation is seen propping dollar and weighing on dollar denominated assets. The dollar index is trading above 101 mark and yield on the US 10-year Treasury note is also hovering around 4.4% this morning. Investors also continued to evaluate the outlook for Federal Reserve policy ahead of a key US inflation report that could help shape expectations for interest rates. On the NSE, EUR/INR futures are down around 0.12% at 107.40.
Continue reading at Business Standard
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Texmaco Rail rises after bagging Rs 6 cr order from Western Railway
INDIA MARKET | Thu, 25 Jun 2026, 11:17AM IST
Texmaco Rail & Engineering rose 1.36% to Rs 111.40 after the company received a letter of acceptance (LoA) worth Rs 6.28 crore from Western Railway.
Continue reading at Business Standard
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Volumes jump at Global Health Ltd counter
INDIA MARKET | Thu, 25 Jun 2026, 11:16AM IST
Global Health Ltd saw volume of 10.02 lakh shares by 10:46 IST on BSE, a 60.42 fold spurt over two-week average daily volume of 16586 shares
Continue reading at Business Standard
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INDIA MARKET | Thu, 25 Jun 2026, 11:16AM IST
Two IPOs of Advit and Waterways Leisure conclude today
Continue reading at NDTV
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Pune Bizman Murder: Siya Goyal's 'Boyfriend' Chetan's Father Makes Big Claim 'He Was Standing...'
INDIA MARKET | Thu, 25 Jun 2026, 11:15AM IST
Chowdhury said the family had no knowledge of Chetan's alleged girlfriend Siya Goyal.
Continue reading at NDTV
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Looking for midcap mutual funds in June? Here are 5 funds to consider
INDIA MUTUAL FUNDS | Thu, 25 Jun 2026, 11:13AM IST
ETMutualFunds shortlisted midcap funds using rolling returns, consistency, downside risk, outperformance, and minimum Rs 50 crore assets. Axis, PGIM, Invesco, Kotak, and Tata delivered strong three-year returns, suitable for high-risk investors with seven-to-ten-year horizons.
Continue reading at Economic Times
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PFC, REC Likely To Enter NBFC Upper Layer Under RBI Framework, PNB Housing May Exit: Brokerages
INDIA MARKET | Thu, 25 Jun 2026, 11:09AM IST
Morgan Stanley and Jefferies believe RBI norms will have a 'manageable impact' on NBFCs
Continue reading at NDTV
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Bodhi Tree Multimedia bags Assam government mandate to build state OTT platform
INDIA BUSINESS | Thu, 25 Jun 2026, 11:08AM IST
Bodhi Tree Multimedia will spearhead Assam's official digital content platform, a significant move into platform ownership and recurring revenue. This initiative will showcase regional entertainment, culture, and heritage, accessible globally. The project, built with Mogi OTT on Google Cloud, signifies a strategic shift for Bodhi Tree, positioning them at the forefront of digital public infrastructure and cultural digitisation, potentially serving as a model for other states.
Continue reading at Economic Times
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Stainless steel sector MSMEs flag import surge, urges govt to reintroduce quality control order
INDIA BUSINESS | Thu, 25 Jun 2026, 11:08AM IST
Indian stainless steel MSMEs are urging the government to reinstate a quality control order after its suspension led to a surge in cheap Chinese imports. Industry bodies report a 65% year-on-year jump in imports, threatening domestic jobs and investments. Manufacturers claim these imports enter at predatory prices, undermining local businesses committed to quality and 'Make in India' principles.
Continue reading at Economic Times
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Stock Market LIVE: Sensex near day's high, up 500 pts, Nifty tops 24,150; metal shares fall up to 3%
INDIA MARKET | Thu, 25 Jun 2026, 11:08AM IST
Sensex Today | Stock Market LIVE Updates Thursday: In the broader markets, the Nifty MidCap and the SmallCap were trading 0.39 per cent and 0.25 per cent higher, respectively
Continue reading at Business Standard
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CBI Raids 80 Locations Across India In Digital Arrest Scam Cases
INDIA MARKET | Thu, 25 Jun 2026, 11:06AM IST
Picture used for representational purpose only.
Continue reading at NDTV
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Sterlite Technologies hits the roof on launching QIP; floor price of Rs 613.69/share
INDIA MARKET | Thu, 25 Jun 2026, 11:05AM IST
Sterlite Technologies hit the upper circuit of 5% at Rs 612.75 after the company announced the launch of its qualified institutional placement (QIP) issue and fixed the floor price at Rs 613.69 per equity share.
Continue reading at Business Standard
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Concord Biotech's formulation facility clears regulatory inspections by Kenya's PPB & Uganda's NDA
INDIA MARKET | Thu, 25 Jun 2026, 11:04AM IST
Concord Biotech has announced the successful completion of inspection of the company's Unit-II formulation facility by the Pharmacy and Poisons Board (PPB) from Kenya and the National Drug Authority (NDA) from Uganda.
Continue reading at Business Standard
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Hub and Spoke Flights To Commence Flights From Six More Cities In Six Weeks: Naidu
INDIA MARKET | Thu, 25 Jun 2026, 11:04AM IST
'Easy Connect' flights will enable travellers from cities beyond major hubs to drop baggage and complete immigration at the origin airport and travel seamlessly to overseas destinations.
Continue reading at NDTV
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Brazil plans up to $735 million panda bond issuance, says finance minister
INDIA MARKET | Thu, 25 Jun 2026, 11:03AM IST
Brazil is set to launch its inaugural panda bonds, aiming to raise up to 5 billion yuan ($735 million). This significant debut marks Brazil as the fifth sovereign issuer in China's domestic debt market within a year. Finance Minister Dario Durigan stated the move is a crucial "test" to facilitate Brazilian companies' expansion in China and offers a hedge against currency volatility for their investments.
Continue reading at Economic Times
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INDIA MARKET | Thu, 25 Jun 2026, 11:02AM IST
Even as Noel Tata prepares to step away, Trent's growth ambitions remain intact. The company believes Westside can eventually expand to 700 stores, while Zudio has the potential to scale to 5,000 outlets across India.
Continue reading at NDTV
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India bonds jump ahead of auction as oil erases war-led gains
INDIA MARKET | Thu, 25 Jun 2026, 11:01AM IST
Indian government bonds saw a significant rally for the fourth consecutive day, buoyed by falling oil prices and positive sentiment from foreign inflows and the Reserve Bank of India's cautious stance on rate hikes. This surge occurred ahead of a substantial debt sale, with benchmark yields dropping. Overseas investors are showing strong interest, marking the highest monthly inflow in two years, potentially driven by index inclusion expectations.
Continue reading at Economic Times
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INDIA MARKET | Thu, 25 Jun 2026, 11:00AM IST
Nifty Auto rose 1.63%, while Nifty Realty gained 0.98%, leading gains among sectoral indices, according to NSE data.
Continue reading at NDTV
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Areion Assets Management launches $60 million AIF to tap India's special situations market
INDIA MARKET | Thu, 25 Jun 2026, 11:00AM IST
Areion Assets Management has launched a $60 million Category III AIF from GIFT City targeting Indias special situations market. The fund will invest in distressed assets, structured credit and IBC opportunities, focusing on recovery-led value creation across sectors, amid increasing institutionalisation of alternative investments in India.
Continue reading at Economic Times
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Venezuela Earthquakes: Viral Videos Capture Destruction, Chaos After Two Quakes; Emergency Declared
INDIA MARKET | Thu, 25 Jun 2026, 10:56AM IST
Severe damage has been reported in Caracas and surrounding areas.
Continue reading at NDTV
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Oil Prices Fall Toward Prewar Levels as Gulf Shipping Resumes
GLOBAL NEWS | Thu, 25 Jun 2026, 10:56AM IST
Oil prices fell, moving closer to levels not seen since the war in Iran began in February.
Continue reading at The New York Times
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Real estate demand moderating, says Anand Rathi; DLF, Oberoi better placed
INDIA MARKET | Thu, 25 Jun 2026, 10:55AM IST
Anand Rathi attributed the slowdown in the real estate sector to weaker hiring and salary growth, particularly in the IT sector, along with subdued capital market performance over the past two years.
Continue reading at Business Standard
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Final Day! Advit Jewels IPO GMP Suggests Strong Listing Pop; Issue Booked Over 72 Times
INDIA MARKET | Thu, 25 Jun 2026, 10:54AM IST
Advit Jewels IPO will conclude its subscription process today
Continue reading at NDTV
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Hub-And-Spoke Model Will Bring India Closer To Global Opportunities, Reduce Travel Time: PM Modi
INDIA MARKET | Thu, 25 Jun 2026, 10:54AM IST
The Hub and Spoke model seeks to enable seamless connectivity between Tier-II and Tier-III airports with international destinations.
Continue reading at NDTV
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Stock Market LIVE: Sensex rises 500 pts; Nifty near 24,200; Nifty Auto index gains over 2%
INDIA MARKET | Thu, 25 Jun 2026, 10:51AM IST
Sensex Today | Stock Market LIVE Updates Thursday: In the broader markets, the Nifty MidCap and the SmallCap were trading 0.39 per cent and 0.25 per cent higher, respectively
Continue reading at Business Standard
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Sensex, Nifty trade with significant gains; auto shares advance
INDIA MARKET | Thu, 25 Jun 2026, 10:51AM IST
At 10:30 ST, the barometer index, the S&P BSE Sensex, jumped 541.89 points or 0.71% to 77,536.18. The Nifty 50 index rose 153.70 points or 0.64% to 24,175.7.
Continue reading at Business Standard
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NSE SME Avience Biomedicals debuts with a powerful heartbeat
INDIA MARKET | Thu, 25 Jun 2026, 10:50AM IST
Avience Biomedicals traded at Rs 414.95 on the NSE, a 99.50% premium to the issue price of Rs 208.
Continue reading at Business Standard
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Cyber insurance race heats up as Liberty joins crowded 850-crore market
INDIA BUSINESS | Thu, 25 Jun 2026, 10:50AM IST
As cyberattacks surge, insurers rush to launch cover-but can insurance keep up with India's digital risks?
Continue reading at Business Standard
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Buy the dip, stay invested: Matt Orton sees more upside for global markets
INDIA MARKET | Thu, 25 Jun 2026, 10:45AM IST
Global markets are gaining traction as geopolitical worries ease and AI companies report strong earnings. Matt Orton of Raymond James highlights that receding oil prices and sustained AI optimism are turning market dips into buying chances. He emphasizes that while the US dollar's strength poses challenges for emerging markets like India, focusing on quality companies and diversified investments remains key for continued gains.
Continue reading at Economic Times
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Micron's AI Moment: Record earnings, strong guidance & what's next
INDIA MARKET | Thu, 25 Jun 2026, 10:45AM IST
Micron reported a record quarter with strong revenue, profits and margins, driven by sustained demand for AI memory products. Strong guidance reinforced investor confidence, lifting semiconductor stocks globally. The companys growing role in AI infrastructure and long-term agreements support expectations of stronger and less cyclical earnings growth.
Continue reading at Economic Times
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Gold, silver ETFs fall up to 4% as stronger dollar, rate-hike fears weigh
INDIA MARKET | Thu, 25 Jun 2026, 10:44AM IST
Analysts said silver ETFs have corrected more sharply than gold ETFs as silver functions both as a precious metal and an industrial commodity
Continue reading at Business Standard
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Mumbai Lake Levels Plummet To 7.7% Capacity: Will Monsoon Rains End The Water Crisis?
INDIA MARKET | Thu, 25 Jun 2026, 10:44AM IST
The forecast said Mumbai is likely to receive light rain on June 26
Continue reading at NDTV
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Rupee rises 31 paise to 94.24 against U.S. dollar in early trade
INDIA BUSINESS | Thu, 25 Jun 2026, 10:44AM IST
A weaker greenback and positive sentiments in the domestic equity market further supported the local unit while heavy FII outflows prevented a sharper rise, forex traders said
Continue reading at The Hindu
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Affluent investors turn to AIFs for a slice of Delhi's luxury housing boom
INDIA BUSINESS | Thu, 25 Jun 2026, 10:43AM IST
Golden Growth Fund has closed its maiden 101-crore AIF as rising luxury home prices in South Delhi
Continue reading at Business Standard
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Tata Chemicals shares rise 4% on hopes of Tata Sons listing after RBIs new norms
INDIA MARKET | Thu, 25 Jun 2026, 10:42AM IST
Tata Sons faces renewed scrutiny after RBI tightened rules for upper-layer NBFCs, reinforcing pressure for mandatory listings above Rs 1 lakh crore in assets. While the conglomerate exceeds the threshold, its de-registration request remains pending. The listing debate has also exposed divisions within Tata Trusts, with leadership opposing a listing while some trustees publicly support it, highlighting internal discord.
Continue reading at Economic Times
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India to add 6 more cities to hub-and-spoke
INDIA NEWS | Thu, 25 Jun 2026, 10:41AM IST
India will add six more destinations to its new hub-and-spoke aviation model over the next six weeks, Civil Aviation Minister K. Ram Mohan Naidu said on Thursday as he launched the first service under the initiative from Varanasi. The programme is aimed at improving international connectivity from tier-2 and tier-3 cities through major airport hubs.The first hub-and-spoke flight, operated with Air India, connects Varanasi to international destinations through New Delhi. Under the model, passengers can complete immigration formalities at their origin airport and travel onward through a hub airport without repeating the process.READ MORE: Flying internationally with Air India? Here's what you should know about the new Easy Connect ruleVaranasi first city under new modelCalling it an important day for Indian civil aviation, Naidu said the country now has the infrastructure and systems needed to support hub-and-spoke operations.This is a very important day for Indian civil aviation because there are high expectations for hub-and-spoke operations in the country. Some are going to Dubai, some to Singapore and other places, and from there they have transit connectivity to the rest of the world. We have the capacity, and we have the infrastructure, we have everything ready, he said.READ MORE: India asks citizens in Iran to avoid non-essential travel despite improved security situationThe minister said standard operating procedures and systems have been finalised and all stakeholders have been brought on board.All the SOPs and systems are now finalised; all stakeholders have been brought together. And the first operation is going to start from Varanasi today. I have come to personally oversee the operations and see how it is going. So, in the next 6 weeks, we will see 6 new destinations added to this model. Now, if someone is travelling from Varanasi, they can simply do immigration here and go to Delhi. The aim is to open all airports under this model, he added.
Continue reading at Economic Times
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US Stock Market: Bessent applauds Fed communication reset, questions dot plot's relevance
INDIA MARKET | Thu, 25 Jun 2026, 10:39AM IST
U.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, including a review of its widely watched dot plot interest-rate forecasts and forward guidance. Bessent argued that markets have become overly reliant on these projections, which often fail to accurately predict future policy moves.
Continue reading at Economic Times
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Vedanta, NALCO, Hind Zinc: Metals stocks dip up to 3%; here's why
INDIA MARKET | Thu, 25 Jun 2026, 10:38AM IST
A sell-off in precious metals, especially Silver, owing to strength in the US dollar and hawkish US Federal Reserve stance, triggered selling pressure in metal stocks on Thursday, say analysts.
Continue reading at Business Standard
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