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GLOBAL NEWS | Tue, 2 Jun 2026, 3:37AM IST Li Ying, known as Teacher Li to his 2.2 million followers on X, doesnt live in China but still faces smear campaigns and death threats. He is not letting that stop him.

Continue reading at The New York Times

7m

INDIA MARKET | Tue, 2 Jun 2026, 1:34AM IST US stocks closed higher as AI-driven tech rally lifted the Nasdaq and S&P 500 to fresh record highs. Nvidia gained after unveiling a new chip bringing AI capabilities to laptops, while Micron crossed $1,000 for the first time. Geopolitical tensions with Iran and upcoming jobs data kept sentiment cautious.

Continue reading at Economic Times

2h

INDIA BUSINESS | Tue, 2 Jun 2026, 12:51AM IST LPG sales saw a significant drop of 24 percent in May compared to last year. Meanwhile, petrol and diesel sales by state-run companies increased. Aviation fuel sales also showed growth. This indicates a shift in fuel consumption patterns. More comprehensive industry data will be available soon.

Continue reading at Economic Times

2h

GLOBAL NEWS | Tue, 2 Jun 2026, 12:30AM IST New guidance from the Energy Department would prevent people from receiving rebates after making such swaps.

Continue reading at The New York Times

3h

INDIA BUSINESS | Tue, 2 Jun 2026, 12:28AM IST Zee Entertainment Enterprises has acquired media rights for the FIFA World Cup 2026 and 2030 in India. This move signals Zee's re-entry into sports broadcasting with its upcoming Unite8 Sports channels. The deal concludes extensive negotiations after previous talks with JioStar faltered. Industry sources estimate the value to be over $40 million.

Continue reading at Economic Times

3h

INDIA BUSINESS | Tue, 2 Jun 2026, 12:24AM IST The Reserve Bank of India is taking a closer look at its credit loss regulations, which may result in higher borrowing costs for small and mid-sized firms. With rating agencies recently exceeding default rate benchmarks, there is a chance of elevated risk weights for these businesses.

Continue reading at Economic Times

3h

INDIA BUSINESS | Tue, 2 Jun 2026, 12:23AM IST India's government is reviewing green ammonia demand from fertiliser companies. This comes as companies seek more long-term supply contracts. Geopolitical issues have disrupted conventional ammonia supplies and raised import costs. Fertiliser makers are now finding earlier fixed prices for green ammonia more attractive. This reassessment is significant given India's large ammonia needs.

Continue reading at Economic Times

3h

INDIA BUSINESS | Tue, 2 Jun 2026, 12:16AM IST India's electric car sales surged 79% in May. Tata Motors and Mahindra & Mahindra gained market share. Newcomer VinFast also saw growth. JSW MG Motor and Hyundai Motor experienced a decline. Higher fuel prices are driving consumers to electric vehicles. This trend shows sustained growth in the electric car sector.

Continue reading at Economic Times

3h

INDIA BUSINESS | Tue, 2 Jun 2026, 12:14AM IST Indian banks are offering more loans at lower interest rates. Almost two-thirds of all bank credit now has rates below 9%. This shift follows a year of aggressive rate cuts. While credit growth is strong, banks' profit margins face pressure. Metropolitan areas and public sector banks lead lending. Agriculture and industrial credit also accelerated. Personal loan growth moderated.

Continue reading at Economic Times

3h

INDIA BUSINESS | Tue, 2 Jun 2026, 12:07AM IST Indian car sales surged significantly in May. Maruti Suzuki and Tata Motors reported robust growth. Two-wheeler sales also saw double-digit increases. Despite global challenges, consumer demand remained strong. This positive trend extended to utility vehicles and electric vehicles. Farm equipment sales also performed well. The automotive sector shows resilience and continued momentum.

Continue reading at Economic Times

3h

INDIA BUSINESS | Tue, 2 Jun 2026, 12:05AM IST The Delhi High Court division bench has ruled in favor of Intas Pharmaceuticals, allowing the company to introduce its anti-cancer medication, Bevatas, to the market. This decision overturns a previous block on the drug, affirming the court's view that Bevatas and Sun Pharma's Bevetex are sufficiently different in their ingredients and intended use.

Continue reading at Economic Times

3h

GLOBAL NEWS | Tue, 2 Jun 2026, 12:01AM IST Some analysts said the main international oil price, which was up 6 percent on Monday, could climb much higher in the coming weeks if the Strait of Hormuz doesnt reopen.

Continue reading at The New York Times

3h

INDIA BUSINESS | Tue, 2 Jun 2026, 12:01AM IST Wockhardt Hospitals is set to launch its antibiotic Zaynich in the US. Zahabiya Khorakiwala will lead US operations. The drug is expected to generate $1.5-2 billion in peak annual sales within 4-6 years. Wockhardt aims for a 20% share of the AMR market. The company is also developing new antibiotics for its pipeline.

Continue reading at Economic Times

3h

INDIA BUSINESS | Mon, 1 Jun 2026, 11:51PM IST Excitel Broadband achieved its first annual net profit in FY2026. The company reported a profit of 40 crore on 530 crore revenue. This success comes from focusing on dense urban areas and state capitals. Excitel competes with larger players by offering faster speeds and better service. This marks a significant milestone for the standalone internet service provider.

Continue reading at Economic Times

3h

INDIA BUSINESS | Mon, 1 Jun 2026, 11:38PM IST Avaada Group has achieved a major milestone. The company announced financial closure for its firm and dispatchable renewable energy project in Bikaner. This marks India's largest fundraise in the segment. Avaada also secured debt financing for two 300 MW solar power projects in Rajasthan and Gujarat.

Continue reading at Economic Times

4h

INDIA NEWS | Mon, 1 Jun 2026, 11:32PM IST General IIP growth rises to 6.7 per cent in 2023-24 under the 2022-23 base, compared with 5.9 per cent in the old series, and remains higher at 6.4 per cent versus 4 per cent in 2024-25

Continue reading at Business Standard

4h

INDIA MARKET | Mon, 1 Jun 2026, 11:25PM IST NSDL to publish daily DII investment trends, Sebi proposes InvIT rule changes, and Laser Power trims IPO size

Continue reading at Business Standard

4h

INDIA MARKET | Mon, 1 Jun 2026, 11:17PM IST Anthropic's valuation has more than doubled from $380 billion in February, when it raised $30 billion in a funding round

Continue reading at Business Standard

4h

INDIA BUSINESS | Mon, 1 Jun 2026, 11:14PM IST The steel and the CBAM issues will figure prominently during the meeting between U.K. Secretary of State for Business and Trade Peter Kyle and Commerce and Industry Minister Piyush Goyal on June 2

Continue reading at The Hindu

4h

INDIA MARKET | Mon, 1 Jun 2026, 11:13PM IST Sulzberger alleged that AI firms have built their products on what he described as the "brazen theft of intellectual property".

Continue reading at NDTV

4h

INDIA MARKET | Mon, 1 Jun 2026, 11:12PM IST Nvidia's Jensen Huang said AI is creating, not destroying, software engineering jobs as companies increasingly adopt the technology.

Continue reading at NDTV

4h
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