Arjun Tendulkar's value in the Mumbai T20 League auction has skyrocketed, with a 400% hike in his price from his listed base price. Despite being labeled as a "benchwarmer" in the IPL, Arjun's rare combination of being a left-arm pacer and lower-order batter has made him an "impact player" for local franchises.
Dhan and Samco Securities have introduced global investment options for Indian investors through the Gift City route. Dhan's Micro-Investing Strategy offers access to US stocks and ETFs with no account maintenance or custody fees, while Samco's Quantitative Edge provides research, investment recommendations, and portfolio monitoring for over 700 global securities.
In April, equity fundraising in India increased by 220% despite geopolitical uncertainty and a slowdown in the primary market. Private capital fundraising also saw significant growth. However, the debt market declined by 67% and the stock market partially recovered with Nifty 50 and Sensex gaining 6% each. The power, realty, and media sectors saw the highest gains in the stock market.
"Global equity indices rally on US-Iran deal hopes, G7 meeting next week. Brent crude prices drop by 5.1%, Indian benchmark indices surge with Sensex gaining 1,695.40 points and Nifty jumping 461.30 points. Investors gain Rs 9.7 lakh crore in notional wealth. Banking sector performs well on expectations of conflict resolution.
NCLT rejects insolvency petition against NMRC filed by ETSL due to pre-existing dispute. Tribunal cites Supreme Court ruling and notes genuine dispute prior to demand notice as reason for dismissal. Case pertains to agreement for bus services in Noida, Greater Noida, and connectivity routes. NMRC argues no payment default and alleges multiple breaches by ETSL.
The rupee gained 64 paise against the dollar due to a potential US-Iran peace deal, which lowered oil prices to under $90 per barrel. Positive developments in the equity market also contributed to the rupee's rise. Experts believe that the rupee will continue to strengthen in the coming days, fueled by falling oil prices and the expected signing of the peace deal.
The investigation into the deadly crash of Air India Flight AI171, which claimed 260 lives, is ongoing and making progress. The cause is still being determined, with competing theories emerging. The AAIB is cautioning against premature conclusions and is committed to an independent and evidence-based investigation into the first fatal accident involving a Boeing 787 Dreamliner.
NPPA relaxed price control rules for essential cancer drugs and vaccines, citing supply chain disruptions and raw material price hikes. It allowed a one-time 50% increase in ceiling prices for two cancer drugs and 50% increase for anti-tetanus immunoglobulin injections. The regulator also addressed Serum Institute of India's concerns over price fixing methodology for certain vaccines.
IMD has confirmed El Nino conditions in the Pacific Ocean which are expected to intensify during the monsoon season. The sea surface temperatures have already surpassed the threshold in June 2026. This phenomenon is linked to a weaker monsoon, higher temperatures, and a decline in crop production.
Food inflation in India spiked to 4.78% in May, the highest in 16 months, driven by rising prices of tomatoes and ginger. Experts warn that below-normal monsoon rains could worsen the situation. The Ministry of Statistics and Programme Implementation has revised the base year for CPI, leading to a decrease in the weightage of food and beverages in the index.
A 40-ft-tall inflatable effigy of Elon Musk appeared in Times Square, displaying controversial messages about his AI company, Grok. The stunt, claimed by Safe AI Now, aimed to hold SpaceX shareholders accountable for lawsuits and fines related to Grok's facilitation of explicit images. The effigy also highlighted the acquisition of Grok by SpaceX and the scandal of AI-generated photos.
Investors can save on capital gains tax by investing in specified bonds within six months of selling a flat. These bonds have a lock-in period of five years and any violation of conditions will lead to exemption withdrawal. Losses from F&O trading can be offset against other business income and carried forward for up to eight years.
NPS Vatsalya, designed for minors by Amit H L, offers market-linked investing and long-term compounding. Recent changes have made it more flexible, allowing partial withdrawals, seamless transition to regular NPS account after 21, and annuity purchase. A parent can use it to fund milestones and create long-term wealth.
Taxpayers filing income tax returns for AY 2026-27 must accurately report capital gains to avoid interest penalties. Salaried taxpayers can file ITR-1 if gains are within Rs 1.25 lakh. ITR-2 or ITR-3 must be filed for other cases. Determining transfer date and allocating gains to the relevant period is crucial to avoid penalties.
Youth-led political movements, such as the Cockroach Janta Party (CJP), are on the rise in India, reflecting a recurring generational cycle. Andhra Pradesh Deputy Chief Minister Pawan Kalyan emphasizes the need to understand the underlying reasons for youth frustration and not dismiss it. He sees the CJP as a symbol of the younger generation's desire to redefine politics and society.
The government's revision of royalty rates for upstream oil production has raised concerns for Oil India, whose entire production is onshore. This change is expected to significantly impact the company's profits, while the government aims to protect revenue and promote investments in deepwater and ultra-deepwater fields. Brokerage houses predict a negative impact on ONGC.
Rail passengers between Rajasthan and Bihar will now have a daily train option with the Amrit Bharat Express running daily instead of once a week. The Railway Minister announced this and said it will benefit workers, students, and families who frequently travel between the two states. The train will pass through important stations and provide relief to migrant workers and students.
Spotify co-founder Daniel Ek's morning routine, which includes family time, physical activity, and reading, sets him apart from other tech CEOs. This deliberate approach has contributed to his success in building a $100 billion company. Ek's emphasis on balance and non-traditional views on wealth and work emphasize the significance of self-care and intentional decision-making in achieving success.
SEBI approves IPOs for four companies - Casagrand Premier Builder Limited, Bombay Coated and Special Steels Limited, Bonfiglioli Transmissions Limited, and Swaraj Green Power and Fuel Limited. Casagrand's issue size is Rs 1,220 crore with fresh issuance and offer for sale, while Bombay Coated and Special Steel's issue size is Rs 191 crore.
Air India Group's scheduled seat capacity in June decreased by 22.5%, mainly due to high fuel costs and airspace restrictions. The airline cut 1.48 million seats, while competitors like IndiGo and Akasa Air increased their capacity, revealing a growing competitive divide. Air India is focusing on cost management and operational stability by reducing international capacity by 27%.
Tata Motors will raise prices of its passenger vehicles by 1.5% starting July 1, citing rising input costs. This includes both ICE and EV models, with the company giving customers until June 30 to buy at current prices. The decision comes after the launch of new models and follows a similar move by Maruti Suzuki.
Southern Railway has announced the temporary addition of AC Three Tier coaches to two long-distance services, the Kanniyakumari-Shri Mata Vaishno Devi Katra Himsagar Express and the Tirunelveli-Shri Mata Vaishno Devi Katra Navyug Express. The move is to accommodate increased passenger demand on the popular north-south routes.
Maserati has appointed Navnit Group as its official dealer partner for western and central India, aiming to double its annual sales. Navnit Maserati will handle sales and aftersales operations, with a new showroom in BKC and a dedicated service facility in Mumbai.
Tata Motors will release the Sierra EV on June 30, with deliveries before the festive season. They have been leading the EV market, selling 10,231 units in May and introducing new products like the Tiago EV and updated Punch EV. The Sierra EV, priced at Rs 18 lakh, will join their expanding lineup and face competition.
India's retail inflation rose to 3.93% in May, with food prices being the main contributor. The RBI has raised its inflation projection for the current fiscal to 5.1%, while economists predict an average of 5-6% in FY27. The impact of higher fuel prices on inflation will be closely monitored, and the RBI may refrain from a hawkish stance if core inflation remains anchored.
India's defence exports are expected to exceed the government's target of Rs 50,000 crore before 2029, with indigenous procurement rising to 70% and imports falling to 30%. The country is seeing growing global demand for its defence products, including advanced artillery guns, radar systems, and drones. However, challenges such as lengthy testing procedures still persist.
Elara Capital, an investment bank and brokerage firm, reports that the banking sector has been severely affected by the Middle East war, causing a slowdown in MSME loan growth across all lenders. However, asset quality remains resilient and government-backed guarantee schemes may help mitigate risks.
On 12 June, 2025, thirty-two seconds after the Boeing Air India Flight AI171 lifted off, it came down on the hostel complex of BJ Medical College in Meghaninagar.
Iranian officials mock Trump on social media after he announced plans to resume military action against Iran, only to later claim the conflict has ended. The Iranian Embassy in Armenia joined the "TACO Trump" trend, causing stocks to rise and oil prices to drop. This is a recurring pattern, showcasing the impact of Trump's decisions on the market.
Puducherry's Consumer Commission orders IndiGo to pay Rs 1 lakh compensation and Rs 20,000 for litigation costs to an elderly couple for a six-hour flight delay. The commission found the airline guilty of deficiency in service, rejecting their claims of unavoidable maintenance issues.
The Indian government has introduced a Venture Capital Fund and a Technology Adoption Fund worth Rs 1,000 cr and Rs 500 cr respectively, leading to a rapid transformation in the country's space sector. The private space ecosystem has grown significantly with over 400 startups, including prominent companies like Skyroot Aerospace, Agnikul Cosmos, Pixxel, GalaxEye, Digantara, and Dhruva Space.
South Western Railway has extended the Mysuru-Madar Junction special train service to ease the heavy passenger rush and meet high demand between Karnataka and Rajasthan. The train will now run on 20 and 27 June from Mysuru to Madar and on 22 and 29 June from Madar to Mysuru. This will provide better connectivity and ticket availability for passengers during peak travel days.
External Affairs Minister S Jaishankar strongly defended India's purchase of Russian crude oil on Thursday, pushing back against criticism from Western countries and questioning what he described as inconsistencies in their approach to sanctions, trade and global energy security.
Western Railway has announced a special weekly train between Valsad and Lalkuan to ease the heavy rush on trains heading to popular hill destinations like Nainital. The train will run on selected dates in June and July 2026 and will have multiple classes of accommodation. It will stop at key stations and provide more options for passengers travelling to Uttarakhand during this busy period.
The Ministry of Defence has signed a Rs 449 crore contract with Accord Software and Systems Private Limited for 20 Enhanced Capability GNSS Jammers for the Indian Navy. These jammers will strengthen maritime security with over 75% indigenous content and enhance operational capability. The contract highlights the government's focus on Aatmanirbhar Bharat.
A new train service has been launched, connecting Madgaon and Karwar, making travel between Goa and Karnataka more convenient. The daily service will improve short-distance travel, strengthen connectivity, and benefit daily commuters, students, and workers. It will also boost local trade and business in the coastal region, providing a faster and more reliable option for passengers.
Vedanta's long-awaited demerger is complete, with four new standalone companies starting trading on June 15. This marks a major restructuring for the Indian natural resources group, with each segment operating independently. Shareholders will receive one share of each new company for every one Vedanta share they hold.
Hiring employees can be frustrating. But according to entrepreneur and Shark Tank India judge Anupam Mittal, employers rarely get to share their side of the story.
Google director Rene Mayrhofer resigned from the company due to management losing moral compass and signing deals with the US Ministry of War, despite CEO Sundar Pichai's AI principles. Mayrhofer, a pacifist, could not support the current actions of the company and its involvement with the Pentagon.
Four companies recently sold and repurchased a small percentage of shares in Zee Entertainment, a prominent media and entertainment company in India. Despite a 17% decrease in stock price over the past year, ZEE has seen a 2% increase in the last five days, 30% in the last month, and 19% in the past six months.
The Indian government is closely monitoring shipping activity in the Gulf region and has implemented emergency measures for Indian sailors after a recent attack on a commercial tanker. Safety concerns have led to heightened alert and increased support for seafarers and their families. Efforts are being made to bring rescued sailors back home.
Indian equity markets remain cautiously optimistic due to resilient corporate earnings and signs of revival in domestic capex. However, geopolitical tension, volatile crude prices, and concerns over global growth have led to revised index targets and earnings estimates by brokerages. Despite risks, India remains attractive with strong earnings growth and favorable valuation.
Indian states presented their development plans at the NITI Aayog meeting, aligned with the national goal of becoming a developed nation by 2047. PM Modi chaired the meeting, emphasizing human development and the role of human capital, technology, infrastructure, and inclusive growth. States showcased their strengths and strategies, including AI governance and global competitiveness.
Mumbai's Aqua Line 3 commuters can now enjoy mobile connectivity underground as all three private telecom operators have resolved a dispute with metro authorities and started providing services. Airtel and Vodafone Idea have already rolled out services, with Jio expected to follow by mid-July.
Finance Minister Nirmala Sitharaman spoke at the Global Convergence for Growth Summit, stressing India's projected 7% GDP growth and the importance of balanced global growth. She warned against developing nations bearing the burden of correcting economic imbalances and called for international cooperation and a stronger multilateral framework for inclusive and sustainable growth.
India, a top consumer of FIFA World Cup content, has never qualified for the tournament. However, fans in Kolkata, Kozhikode, and Delhi are eagerly anticipating the event. Brands have recognized this and are shifting their advertising strategies to foster a sense of community among football fans. The late match timings have also led to intentional viewership and social engagement.
Air India flight AI171 crash prompted the implementation of safety measures in the aviation sector, including inspections, fleet improvements, and mental health support for employees. Regulatory overhauls like enhanced safety management systems and stricter flight duty time limitations have also been put in place.
The government has extended central excise duty exemptions to petrol blended with 22%, 25%, 27%, and 30% ethanol, following the notification of standards for higher ethanol blends. The move comes months after India achieved its 20% ethanol blending target. The exemptions have been granted for E22, E25, E27, and E30 fuels conforming to BIS specification IS 19850:2025.
VIP Industries, a renowned luggage brand, is revamping its digital presence, supply chain, and retail touchpoints to stay competitive. Despite facing competition from digital-first brands, its trust, brand equity, and scale give it an edge. The company is targeting younger consumers through its Gen Z brand, Skybags, and also catering to the unbranded market with its value offerings.
Gujarat International Finance Tec-City (GIFT City) is becoming a major player in aviation leasing, with 35 registered lessors and 373 leased assets. The city's improved legal framework for aircraft repossession has boosted lender confidence and attracted external commercial borrowing.
Human activities have caused global warming to reach 1.37°C above pre-industrial levels, putting the world on track to surpass the critical 1.5°C threshold in four years. The Indicators of Global Climate Change report shows that there is only a three-year carbon budget left to limit warming to 1.5°C, emphasising the urgent need for immediate climate action.