The government's food subsidy expenses are projected to rise by Rs 20,000 crore due to higher costs of storing rice and wheat and an increase in minimum support price. The actual expenditure for the free ration scheme may surpass the budget estimate of Rs 2.27 lakh crore. The Food Corporation of India's grain stock is also expected to increase, resulting in a higher economic cost.
Indian-origin technology executive Shyam Sankar has joined the billionaire ranks after a massive surge in the stock price of defence technology company Palantir Technologies.
The RBI's incentives for FCNR(B) deposits have led private banks to seek partnerships with foreign lenders to attract NRI clients. HDFC Bank, Axis Bank, and IndusInd Bank are competing for a share of the estimated $50 billion in deposits. The structures being proposed involve leveraging deposits to offer high interest rates and tax efficiency.
Air India has launched a new 'Basic' fare category for budget-conscious travellers, providing lower ticket prices without complimentary meals. This option is available in Economy Class and includes baggage allowances and free beverages. Other fare categories remain the same, with added benefits.
The Indian government has banned Telegram before the NEET-UG re-examination, causing controversy and criticism from founder Pavel Durov. The ban has not stopped exam paper leaks and has affected millions of users. Google has removed the app and Apple is expected to follow. The ban will last until June 22 and Telegram has been directed to disable its message-editing feature.
Unitree, a prominent robotics company, caused a stir on social media with a video of one of its humanoid robots begging for money to pay its electricity bill. This sparked debates on the effects of AI on job market and cost of living. Despite the controversy, Unitree received praise from experts and formed a partnership with NVIDIA for a new robotics system.
The UK has announced new sanctions targeting Russia's financial institutions, oil transport network, and covert military procurement channels in response to the ongoing invasion of Ukraine. These sanctions also include targeting Yandex Bank and over 20 Russian-linked oil tankers.
A new expressway announced by the Assam Chief Minister, Himanta Biswa Sarma, will dramatically reduce travel time between Siliguri and Silchar, cutting the journey to just 6-7 hours. Construction work has already begun on the first phase of the project, with plans for further sections in the works. This new expressway is expected to improve connectivity and support economic growth.
The Delhi-Mumbai Expressway is almost complete, with a 4.9-kilometre tunnel set to open after June 20. This will be India's first eight-lane road tunnel and will provide uninterrupted movement while preserving the natural habitat above. Once fully completed, the 1,386-kilometre expressway will cut travel time between Delhi and Mumbai to 12 hours.
Ohio gubernatorial candidate Vivek Ramaswamy praises Elon Musk's success as the world's first trillionaire through SpaceX's IPO, defending the American Dream and capitalism. He highlights the positive impact on employees and mentions Musk's immigrant background and advocacy for H-1B visas. Ramaswamy challenges criticism against the ultra-wealthy, stating that America is a land of opportunity.
A US Air Force B-52 Stratofortress crashed shortly after taking off from Edwards Air Force Base in California on June 15, 2026, during a routine test mission. All eight people on board are believed to have died. Those aboard included Air Force personnel, government civilians and Boeing employees. Authorities have launched an investigation to determine what caused the crash.
Indian Railways has extended the Kota–Chaumahla train service up to Ujjain, providing direct connectivity and making travel more convenient for pilgrims, students, and passengers.The train will pass through important stations, improving local connectivity for districts in Rajasthan and Madhya Pradesh. This development is expected to boost tourism and employment opportunities in the region.
Motilal Oswal's report emphasizes the growth potential of India's EMS sector, despite challenges. Domestic manufacturing, demand for electronics, and a strong order pipeline are driving this growth. Listed EMS players are expected to benefit, with increasing orders and expanding order books.
Gold prices have been stagnant in 2026 after a surge in 2025. However, J.P. Morgan Global Research forecasts a 40% increase by the end of 2026 and a rise to $6,300 per ounce by 2027. The US-Iran conflict, inflation worries, and central bank purchases have influenced the volatility of gold prices. A potential peace agreement between the US and Iran could boost gold prices.
The Indian Railways has approved the electrification of two sections in Rajasthan, totalling 403 route kilometres and 497.65 track kilometres. The project, awarded to K2 Infragen Limited, aims to upgrade the traction system and add a feeder line to support heavier freight trains. It is expected to be completed in 24 months and will improve reliability and strengthen the electrification network.
Terence Reilly, CEO of Stanley, has transformed the once-utility metal cup into a must-have style statement and a top-selling item. His leadership style is centered around listening and learning from all levels of the organization, giving credit where it's due, and valuing diverse viewpoints. This approach has led to a culture of creativity, innovation, and stronger decision-making.
California Governor Gavin Newsom said on Monday that federal agents have been questioning friends and associates of him and his wife, Jennifer Siebel Newsom, as part of a politically driven investigation linked to President Donald Trump and the Justice Department.
Australian mining tycoon Gina Rinehart, the country's richest person, has invested over $1 billion in Elon Musk's SpaceX. Rinehart, who has supported Trump in the past, praised Musk and his company as a defining force of the 21st century. Despite her significant investment, she will not have a controlling stake in the company.
Indian Railways has approved two new Kavach projects worth ₹341 crore to enhance train safety in Haryana, Punjab, Himachal Pradesh, and Gujarat. The projects will cover over 1,400 route kilometres and include crucial rail links connecting these states. Kavach, an indigenous train protection system and has been widely deployed across the Indian Railways network.
Ahead of the NEET-UG re-examination, the Centre has restricted access to Telegram in India till June 22, following recommendations from the National Testing Agency (NTA), as part of efforts to stop fake question papers, misinformation, and alleged paper leak narratives from spreading online.
The recent fluctuation in gold prices has raised concerns among Indian investors. However, the jewellery sector remains resilient with major retailers reporting strong sales due to weddings, festivals, and investments. Nuvama, a brokerage house, has a positive outlook on the sector and has identified Titan as the top choice among listed jewellery companies.
Veteran venture capitalist Vinod Khosla has issued a bold warning about the future of India’s massive IT services industry, saying the traditional model that built the sector could soon collapse under the pressure of artificial intelligence.
HCLTech's share price increased by 3% following their investment of US$150 million in an Indian AI company, Sarvam AI. Nomura maintains a 'Buy' rating, citing potential for growth in emerging AI opportunities and specialized solutions for clients. The target price of Rs 1,600 per share suggests a 43% potential upside. This is HCLTech's first investment in an unlisted Indian AI company.
Vedanta Iron and Steel, a newly formed company under Vedanta Group, experienced a significant stake purchase on its first day of trading. PI Opportunities AIF V LLP, managed by Premji Invest, bought 4.83 lakh shares at an average price of Rs 21.02 per share. The company plans to increase steel production to meet domestic demand and decrease imports.
A $300 billion reconstruction fund may be part of a preliminary deal between the US and Iran to end the war, but conflicting statements from US officials, including President Trump calling it "fake news," cast doubt on its validity. The deal includes Iran's agreement to halt nuclear weapon pursuits and stop funding terrorist groups, and has been electronically signed over the weekend.
Israeli Prime Minister Benjamin Netanyahu spent Monday defending the newly announced US-Iran peace deal after facing sharp criticism from political allies, opposition leaders and commentators who argued that the agreement falls short of Israel's goals.
A routine test mission turned into a tragedy on Monday when a US Air Force B-52 Stratofortress bomber crashed shortly after taking off from Edwards Air Force Base in California. All eight people on board were killed.
India's logistics sector will see significant improvement with the development of Vadhavan Port in Maharashtra. The greenfield deep-draft port, built on reclaimed sea land, will provide access to deeper waters and accommodate larger vessels. The project, a joint venture between JNPA and MMB, aims to reduce congestion at existing ports, increase cargo handling capacity.
Diane Hendricks, the richest self-made woman in the US, has a net worth of $22.3 billion. From a teenage single mother in rural Wisconsin to the owner of ABC Supply, her rags-to-riches journey is inspiring. Despite challenges, she built a multi-billion dollar company through hard work and determination. Hendricks remains dedicated to her business and shows no signs of slowing down.
Obsession, the horror-romance film from Focus Features, has defied expectations and become a record-breaking success, earning $224.7 million worldwide and surpassing the studio's previous top-grossing film. Directed by 26-year-old Curry Barker, the film has outperformed big-budget blockbusters and has shown remarkable staying power, thanks to a unique marketing campaign and strong word-of-mouth.
The development of a Rail-Metro Hub at Jogeshwari in Mumbai will connect the Jogeshwari Terminus with Metro Lines 6 and 7A. This integration is expected to reduce travel time and improve last-mile connectivity for commuters and long-distance passengers. The project is set to be completed by 2027, making Jogeshwari a crucial transport interchange hub in the city.
Reliance Group clarifies that former executives Satish Seth and Gautam Doshi are no longer associated with the company. The ED arrested them as part of a probe into alleged financial irregularities. The case involves industrialist Anil Ambani, multiple group companies, and associates. The CBI also registered a separate corruption case against them.
Popular e-commerce platform Zepto has filed for an IPO to raise Rs 8,010 crore, but faces red flags such as founders being summoned by the Enforcement Directorate, weaknesses in internal controls, heavy losses in subsidiaries, consumer protection violations, and intellectual property challenges. Upcoming Social Security Code may also increase operating costs.
Indian Railways has introduced a new direct train from Sabarmati to Lalgarh. Railway Minister Ashwini Vaishnaw is expected to flag off the Sabarmati–Lalgarh Express very soon. The Sabarmati–Lalgarh Express will run every day and cover a distance of around 740 km. On its way, the train will stop at major stations including Sabarmati, Mehsana, Patan, Bhildi and Dhanera,
A newly released artificial intelligence model from Anthropic was pulled offline just days after launch following a dramatic standoff with the Trump administration, according to Wall Street Journal, citing multiple administration officials and a senior White House official.
The Noida International Airport in Jewar, which opened on June 15, offers modern and convenient travel options with well-connected transport links and efficient navigation systems. Passengers can easily access the airport from nearby cities through buses, shuttles, taxis, and ride-hailing services. Dedicated pickup areas and shuttle buses inside the terminal provide a seamless journey.
More than a year after the deadly Air India AI-171 crash that claimed 260 lives, Union Civil Aviation Minister Ram Mohan Naidu has said the investigation is now in its final phase and the final report could be submitted soon. Speaking on Monday, the minister said investigators are carefully following international rules and do not want to rush the process.
North Central Railway has announced a special train between Kanpur Central and Tiruchchirappalli to handle higher passenger movement and reduce pressure on regular services. The train will operate on limited trips in both directions, and reservations are now open. This will provide relief for long-distance passengers travelling between northern and southern India.
President Trump's company, World Liberty Financial, donated $250,000 to the UFC White House event, increasing the bonus pool to $1.65 million. Fighters will receive payment in a stablecoin called "USD1," which aims to match the value of the US dollar. Critics, such as Governor Gavin Newsom, questioned the ethics of using the White House for personal business gain.
Southern Railway has extended the services of special trains between Tambaram and Bodinayakkanur to accommodate the high demand from passengers. The train will provide direct connectivity to key towns and districts and will operate for two more weekends. Reservations for these trains will open shortly and passengers are advised to book early to avoid any inconvenience.
Brent and Nymex Crude prices saw a 5% drop in early Asian trade, with Brent trading below $85 for the first time since March 2026. This was due to the US and Iran reaching an initial agreement to open the Strait of Hormuz and extend the ceasefire in the US-Iran War. However, experts caution that it could take months for oil and gas supplies to return to normal due to slow shipping.
Many people spend their days at office desks, in warehouses, or on shop floors dreaming about turning their hobbies into full-time careers. For hundreds of people, that dream has already become reality through a fast-growing online marketplace called Whop.
Indian-origin Vasu Jakkal, Corporate Vice President of Security, Compliance, Identity, Management, and Privacy at Microsoft, was named among the Top 10 Technology Influencers for 2026 by Technology Magazine. Ranking seventh on the list, she shares the honor with tech titans like Elon Musk and Jensen Huang.
Stanford students protested Google's contract with Israel during CEO Sundar Pichai's commencement speech, sparking a social media debate. Pichai's speech did not address the controversy, but high-profile individuals like Vinod Khosla and Ro Khanna weighed in. The incident sheds light on the increasing trend of activism against tech companies.
Hundreds of Stanford University graduates walked out of their commencement ceremony on Sunday while Google CEO Sundar Pichai was delivering the keynote address, turning a celebratory event into a protest over Google's ties with the Israeli government.
After 107 days of war, the United States and Iran have agreed to a framework aimed at keeping the ceasefire in place for another 60 days while both sides try to resolve the biggest issue left on the table, Iran's nuclear program.
The Luma Air Fryer by EDT stands out in the crowded air fryer market with its unique glass-based cooking chamber and advanced temperature controls. It prioritizes health and safety with its toxin-free design and NutriRetain technology. Its versatility as a 7-in-1 cooking system and dual-bowl setup make it suitable for various cooking needs.
Lava's Bold N1 and HMD's Vibe 2 are two new budget smartphones catering to value-conscious buyers. While the Bold N1 offers a large display and clean Android experience, the Vibe 2 boasts a 6,000mAh battery and high refresh rate display. With capable processors and affordable prices, these phones are ideal for first-time buyers and those upgrading from older 4G handsets.
AI is transforming the dating landscape by improving match discovery, safety, and personalization. It tackles choice fatigue by analyzing user behavior and preferences. Safety is also a key focus, with hybrid AI-human moderation systems in place. While AI can enhance the dating experience, building meaningful connections will always be the ultimate goal.
India's annual exams face familiar issues of cancellations, leaks, protests, and court battles. Calls for stricter security and punishment are not enough to solve the problem. The root cause is the lack of trust in the system and policymakers' failure to address underlying incentives and weaknesses.
The Tata Tiago has been revamped with a new design and reinforced body shell. It comes in petrol, CNG, and electric models, with the electric variant being the most cost-effective in India. The Tiago EV has a 200 km range and a comfortable interior, but the exterior design is not remarkable.