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INDIA NEWS | Thu, 11 Jun 2026, 9:35PM IST The Bank also cut its estimates for global economic growth to 2.5 per cent due to the West Asia crisis; India seen growing at 6.6 per cent in FY27 and 7.2 per cent in FY28

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INDIA BUSINESS | Thu, 11 Jun 2026, 9:31PM IST India's drug pricing authority has approved a 50% price hike for essential anti-cancer drugs carboplatin and cisplatin. This decision follows pleas from manufacturers citing soaring platinum costs. Anti-tetanus immunoglobulin drug prices also see an increase. The National Pharmaceutical Pricing Authority invoked special powers to ensure these life-saving medicines remain accessible to the public.

Continue reading at Economic Times

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INDIA MARKET | Thu, 11 Jun 2026, 9:26PM IST SpaceX has set a fixed price of $135 per share, skipping Wall Street's traditional book-building process.

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INDIA BUSINESS | Thu, 11 Jun 2026, 9:24PM IST The US Food and Drug Administration has placed Dabur India's factory on an import alert. This action follows an inspection that revealed significant issues with data integrity and factory maintenance. Critical manufacturing records were reportedly falsified. Live birds and droppings were also found in a raw material warehouse.

Continue reading at Economic Times

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INDIA MARKET | Thu, 11 Jun 2026, 9:22PM IST Analyst Timothy Horan argued that SpaceX is uniquely positioned to benefit from the convergence of artificial intelligence, communications and space-based infrastructure.

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INDIA NEWS | Thu, 11 Jun 2026, 9:20PM IST Issues following the implementation of the India-EFTA free trade agreement are expected to be discussed during the visit of Commerce and Industry Minister Piyush Goyal to Switzerland this week. India and the four-nation bloc, EFTA, implemented the trade and economic partnership agreement (TEPA) in October 2025. European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. Goyal will visit Berne, Switzerland, on June 12 for discussions with senior representatives of the Swiss government and leaders of the Swiss pharmaceutical industry. During the visit, the minister is scheduled to meet Helene Budliger Artieda, State Secretary for Economic Affairs, and Guy Parmelin, Federal President of Switzerland. He will also interact with representatives of the Swiss pharmaceutical industry. "Discussions are expected to focus on the implementation of TEPA, addressing operational issues arising from the agreement, and enhancing bilateral trade, investment a

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INDIA BUSINESS | Thu, 11 Jun 2026, 9:18PM IST India plans to increase efforts to bring back its seafarers from West Asia if needed. Currently, 18,000 Indian seafarers are in the region. The government has already facilitated the safe return of over 3,500 seafarers. Recent incidents have involved Indian crew members, with some losing their lives. The ministry is monitoring the situation closely.

Continue reading at Economic Times

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INDIA NEWS | Thu, 11 Jun 2026, 9:18PM IST Mumbai: Indian companies raised a cumulative $3.76 billion from external commercial borrowings in April 2026 up from $2.91 billion raised in the same month a year ago, RBI data shows. Renew Surya Roshni Pvt Ltd ($500 million), Reliance Industries Ltd ($480 million), Serentica Renewables India 14 Pvt Ltd ($397 million), Nuclear Power Corp Ltd ($200 million), Indian Oil Corp Ltd ($200 million), Indian Renewable Energy Development Agency Ltd ($176 million) and Air India Ltd ($133 million) were among the prominent borrowers, the data showed.The ECBs were raised for diverse purposes like manufacturing, on lending, working capital requirements, refinancing and import of capital goods. Some foreign equity holders also infused money to their local arms through this route.Indian companies overseas borrowings through the ECBs and foreign currency convertible bonds (FCCBs) route had fallen 30% to $42.87 billion in the fiscal year ended March 2026 from $60.93 billion in the previous year reflecting higher borrowing costs last fiscal the rupee weakness, higher global rates and more increasing hedging costs.

Continue reading at Economic Times

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INDIA MARKET | Thu, 11 Jun 2026, 9:18PM IST Thousands of Indians are earning money by helping AI companies train the next generation of robots.

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INDIA BUSINESS | Thu, 11 Jun 2026, 9:15PM IST Prestige Group will invest Rs 1,800 crore to build a large integrated destination at Bengaluru Airport City. The project will feature a convention centre, luxury hotels, office spaces, and retail. This mixed-use development aims to combine business, hospitality, culture, and entertainment. Construction is set to begin in early 2027.

Continue reading at Economic Times

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INDIA BUSINESS | Thu, 11 Jun 2026, 9:14PM IST India aims to significantly boost its textile market to Rs 33 lakh crore by 2030-31. The government is focused on enhancing the income of handloom weavers to Rs 5 lakh annually through training and market access. Employment in the textile sector has already seen substantial growth. The sector is poised to create millions of new jobs in the coming years.

Continue reading at Economic Times

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INDIA BUSINESS | Thu, 11 Jun 2026, 9:11PM IST Bank credit saw a strong 17.44 percent growth in May. This marks the ninth straight month of double-digit expansion. Demand for loans from individuals and businesses remains high. Credit growth has consistently stayed above 13 percent since January. The Reserve Bank data shows a sustained upward trend in lending.

Continue reading at Economic Times

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INDIA MARKET | Thu, 11 Jun 2026, 9:05PM IST Domestic markets recovered modestly on easing oil prices and selective buying in banking and pharma stocks. Analysts have recommended Allied Blenders and JB Chemicals, citing strong technical breakouts, rising volumes, bullish momentum and supportive trend indicators despite broader market consolidation.

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INDIA NEWS | Thu, 11 Jun 2026, 9:03PM IST Credit growth accelerated sharply in the fortnight ended May 31, while deposit mobilisation remained slower, widening the credit-deposit growth gap to 544 basis points

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INDIA MARKET | Thu, 11 Jun 2026, 9:01PM IST Alongside BradPitt, the film stars JK Simmons as Jake and Anna Lambe in a key supporting role.

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INDIA MARKET | Thu, 11 Jun 2026, 9:00PM IST Shakira and Burna Boy headline the FIFA World Cup 2026 Opening Ceremony ahead of the tournament opener.

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INDIA MARKET | Thu, 11 Jun 2026, 8:52PM IST Lenskart has a presence across online and offline channels.

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INDIA MARKET | Thu, 11 Jun 2026, 8:49PM IST India's installed capacity currently stands at approximately 1.6 GW and is expected to grow 8.5x to reach about 13.8 GW by 2035.

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INDIA MARKET | Thu, 11 Jun 2026, 8:47PM IST He urged states to focus on emerging sectors such as data centres and artificial intelligence, emphasising that AI should be viewed as an opportunity rather than a challenge.

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INDIA MARKET | Thu, 11 Jun 2026, 8:39PM IST Iran War Live Updates

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INDIA MARKET | Thu, 11 Jun 2026, 8:34PM IST Investors withdrew nearly 3,000 crore from gold and silver ETFs in May as prices retreated from record highs, triggering profit booking and portfolio reallocation

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INDIA MARKET | Thu, 11 Jun 2026, 8:33PM IST Piyush Goyal will be accompanied by senior officials from the DPIIT and the Ministry of Health and Family Welfare.

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INDIA BUSINESS | Thu, 11 Jun 2026, 8:29PM IST The tender also attracted bids from metals giant JSW Group and conglomerate Shapoorji Pallonji Group

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INDIA MARKET | Thu, 11 Jun 2026, 8:28PM IST Vedantas four demerged businesses will begin trading on June 15, completing a major corporate restructuring. The listings will enable market-driven price discovery, help unlock shareholder value and allow each standalone company to pursue sector-specific growth opportunities independently.

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1h

INDIA MARKET | Thu, 11 Jun 2026, 8:26PM IST Intel stock surges

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INDIA BUSINESS | Thu, 11 Jun 2026, 8:24PM IST Noida International Airport opens on June 15. Passengers will primarily use cabs and private vehicles. App-based taxis like Uber and Ola will be available. Local taxi drivers anticipate increased demand. Electric bus services are expected to launch soon. Airport authorities are coordinating with mobility providers for smooth operations.

Continue reading at Economic Times

1h

INDIA NEWS | Thu, 11 Jun 2026, 8:22PM IST Container Port Index shows Mundra down 5 ranks, Pipavav best private port in India

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INDIA MARKET | Thu, 11 Jun 2026, 8:20PM IST Millions of people who use India's rail system are expected to benefit from the change.

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INDIA BUSINESS | Thu, 11 Jun 2026, 8:19PM IST Manipal Health Enterprises has secured a large hospital building in Bengaluru on a long-term lease. The deal spans almost 30 years, with a total rental commitment of around Rs 500 crore. This expansion follows recent acquisitions and property deals. The company is growing its network to meet rising healthcare demand.

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INDIA NEWS | Thu, 11 Jun 2026, 8:13PM IST The government has extended excise-duty exemption to petrol blended with 22-30 per cent ethanol but said adoption of higher blends will follow extensive testing and stakeholder consultations

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INDIA MARKET | Thu, 11 Jun 2026, 8:13PM IST The tournament format will undergo a change with 14 teams set to participate.

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INDIA MARKET | Thu, 11 Jun 2026, 8:12PM IST The World Bank cut its global growth forecast for 2026 to 2.5%, the slowest pace since the Covid-19 pandemic.

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INDIA MARKET | Thu, 11 Jun 2026, 8:10PM IST ADIA-backed Platinum Jasmine A 2018 Trust sold a 2.3% stake in Lenskart through a Rs 1,960 crore block deal. The transaction attracted strong participation from mutual funds, insurers and foreign investors, reflecting continued confidence in the eyewear retailers growth prospects.

Continue reading at Economic Times

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INDIA MARKET | Thu, 11 Jun 2026, 8:10PM IST European bonds held gains after the announcement, with the 10-year yield three basis points lower at 3.05 per cent . The euro was steady against the dollar at $1.1538

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INDIA NEWS | Thu, 11 Jun 2026, 8:08PM IST States made a slow start to FY27, with capital expenditure utilisation falling below 2 per cent in April despite higher budgeted infrastructure spending

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INDIA MARKET | Thu, 11 Jun 2026, 8:06PM IST The listing follows a 5-way demerger of Vedanta aimed at unlocking value by allowing each business vertical to operate and raise capital independently while offering investors more direct exposure to specific sectors.

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INDIA MARKET | Thu, 11 Jun 2026, 8:05PM IST PM Modi-led NITI Aayog meeting focused on energy affordability, nuclear power, skilling and sustaining economic growth amid global uncertainty.

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GLOBAL NEWS | Thu, 11 Jun 2026, 8:05PM IST Chad Smith, the orchestras president, admitted missteps in terminating Andris Nelsonss contract but stood by the decision and wont step down.

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INDIA MARKET | Thu, 11 Jun 2026, 8:04PM IST GNG Electronics witnessed a Rs 175 crore block deal as promoter Vidhi Khandelwal sold shares to domestic mutual funds and foreign investors. Institutional interest comes amid optimism over the companys leadership in the refurbished electronics market and strong growth prospects.

Continue reading at Economic Times

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INDIA MARKET | Thu, 11 Jun 2026, 8:02PM IST The old woman's ownership rights and legal protection over the land are essentially restored by the ruling.

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INDIA MARKET | Thu, 11 Jun 2026, 8:00PM IST Oracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the companys escalating debt and spending in the competitive AI infrastructure sector. Engaging in large-scale data center partnerships with industry titans like OpenAI and Meta, Oracle aims to position itself against formidable competitors like Amazon and Microsoft.

Continue reading at Economic Times

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INDIA BUSINESS | Thu, 11 Jun 2026, 7:58PM IST The 1.5 million sq ft development near Bengaluru airport will house a convention centre, performing arts venue, hotels, offices and retail spaces, with completion targeted by 2031

Continue reading at Business Standard

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