The Indian rupee hit a record low of 95 per US dollar, dropping by 0.56% due to increasing crude oil prices and a stronger dollar. Tensions between Iran and the US added to market uncertainty, with President Trump rejecting Iran's peace proposal. The domestic equity market also saw a significant decline, while India's forex reserves and rupee value continued to decrease.
The Centre's 'Naya Safar' scheme aims to replace polluting commercial vehicles in Delhi-NCR, but concerns arise over lack of localisation norms allowing cheaper imports from China. Manufacturers fear it may harm Make in India program and domestic manufacturing progress. Experts suggest keeping localisation requirements and coordinating with other schemes for maximum impact.
Two new SEZ projects with investments of Rs 50 crore and Rs 230 crore have been proposed by Essar Power SEZ and Arham SEZ (I) Pvt. Ltd. in Kandla Special Economic Zone (KASEZ), Gujarat. Exports from Gujarat SEZs have grown by 67%, contributing 21% to India's total SEZ exports.
Tata Motors is set to release an upgraded version of their popular Nexon compact SUV, aiming to boost their market share and profitability. The new Nexon boasts design and engineering enhancements and offers various powertrain choices, showcasing Tata's dedication to eco-friendly vehicles. This launch is crucial for Tata as it has regained the top spot in its segment.
Tata Trusts has committed a grant to IIM Bangalore for the growth of its undergraduate campus. This will benefit infrastructure, faculty training, and research at the School of Undergraduate Studies. The campus will provide two four-year courses in Economics and Data Science, with the first batch of 80 students commencing in August.
Indore's metro project has received a major boost with the approval of a budget of ₹5,388.58 crore by the Madhya Pradesh minister. The total cost of the project has now increased to ₹19,427.29 crore due to changes in the design and alignment. The 31-km Indore Metro ring line, which is expected to make travel easier and faster for commuters, will have 28 stations and cover key areas of the city.
"Speculation of a long-awaited India-UK free trade agreement has been sparked by a recorded conversation between PM Modi and UK's Starmer at the G7 Summit. After months of delays and disagreements, their discussion and subsequent meeting have raised hopes of a breakthrough, with Modi saying "We did it" and Starmer responding "We got it over the line."
Rolex has opened the world's highest boutique atop Mount Titlis, offering gourmet meals and stunning views at over 3000 metres above sea level. The boutique, named after the Alp peak, was once a telecommunications tower and now features a restaurant and an exclusive watch boutique. Designed by the Swiss, it pays tribute to the brand's legacy of exploration and adventure.
Roberto Lopes, a former white-collar worker in Ireland, became a key player for Cape Verde in the 2026 FIFA World Cup after receiving a LinkedIn message from the coach. His recruitment story challenges traditional hiring methods, and despite almost ignoring the message, Lopes made his international debut in 2019. Recently, Cape Verde surprised the world with a draw against Spain.
US President Donald Trump briefly held Indian Prime Minister Narendra Modi's wrist while stepping onto a platform for a G7 Summit photo opportunity in France. The viral moment comes ahead of their first in-person meeting in 16 months and amid efforts to rebuild India-US ties. PM Modi also addressed the summit, calling for secure maritime routes and emphasising the need for dialogue.
SWR has announced special express train services between SSS Hubballi and Chikkamagaluru to ease overcrowding on regular routes. The train will run on June 20 and 21, 2026, with stops at key stations. It aims to improve connectivity and provide more seats for passengers. The train will have 10 coaches and is expected to make travel between North Karnataka and Chikkamagaluru more comfortable.
After facing numerous obstacles and delays, India's biggest stock exchange, the NSE, is set to make its long-awaited debut in the stock market. The exchange will submit its DRHP to SEBI soon, a crucial step towards its IPO. With its unique ownership, diverse shareholders, and strong retail investor interest, the NSE's IPO is highly anticipated in the Indian capital markets.
India's defence production has reached a record high of Rs 1.78 lakh crore in FY 2025-26, a 15.6% increase from the previous year and a 110% rise since FY 2020-21. This growth is attributed to higher indigenous manufacturing, private sector participation, and defence exports under the 'Aatmanirbhar Bharat' initiative.
Sollos, co-founded by Barron Trump, has faced criticism for its expensive drink despite using organic ingredients. Their first product, Pineapple + Coconut, has natural caffeine and 50 calories per can. While some denounce the brand's ties to the Trumps, others, like Kodak Black, support it. Despite the controversy, Sollos is dedicated to perfecting their one flavour and growing their business.
The Indian government's ban on Telegram has caused controversy over its impact on the recent NEET paper leak. Users are struggling to access paid study materials and groups, while Telegram's founder criticizes the move for punishing innocent users. The ban aims to prevent cheating in the re-exam, but has inconvenienced legitimate users and sparked debate on social media.
Western Railway has launched two special trains to ease travel during high demand, connecting Valsad and Dadar in Maharashtra to Subedarganj in Uttar Pradesh. These services will run on a special fare and fixed schedule, providing improved connectivity and handling the extra passenger rush. The trains will connect major cities in Gujarat, Rajasthan, Mumbai, and Uttar Pradesh.
The meeting between Prime Minister Narendra Modi and US President Donald Trump on the sidelines of the G7 Summit in France is likely one of the most closely watched diplomatic moments of the year.
Telegram has moved the Delhi High Court against the Central government's decision to block its services across India until June 22 amid concerns linked to the NEET-UG re-examination.
The Pune–Danapur Amrit Bharat Express is going to launch today. Railway Minister Ashwini Vaishnaw will flag off the train from Hadapsar railway station. The train will strengthen rail links between Bihar and Maharashtra, providing more convenience and accessibility for passengers. Operated by the Central Railway Zone, the train will run once a week and stop at 19 stations.
India's online travel industry is on the rise due to factors such as rising disposable incomes and digital bookings. Motilal Oswal has a positive outlook on travel technology companies like TBO Tek, Ixigo, and Yatra Online, which are expected to benefit from the growing demand for online travel services.
Pawan Goenka, chairman of IN-SPACe, believes SpaceX's IPO could encourage Indian investors to take bigger risks in the private space sector. He emphasized the importance of policy reforms, incentives, and government support in creating a conducive environment for private firms to grow and innovate.
Tata Motors Passenger Vehicles aims to achieve an 18-20% market share and a double-digit Ebitda margin by FY30, with an investment of Rs 33,000-35,000 crore in new product development, capacity expansion, electrification and the EV ecosystem. The company's strong performance in FY26, driven by SUVs, CNG and EVs, has led to a record market share of 14.1%.
A skydiving trip in Missouri ended in tragedy when a Pacific Aerospace P750 plane crashed after takeoff, killing all 12 people on board, including pilot Sai Karthik Varma Datla from India. The cause of the crash is being investigated, and the other passengers are being identified. The private plane was operated by Skydive Kansas.
The Vande Bharat Express between Amritsar and Shri Mata Vaishno Devi Katra has resumed service after a seven-month suspension. The train, which runs five days a week, now has a revised route that includes stops at Batala, Gurdaspur, and Pathankot. This is expected to improve rail connectivity for passengers, especially devotees visiting the shrine.
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.