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Showing posts from June, 2026

GST rate reset led to consumption boost

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45% of homes will need electrical upgrades to charge EVs: Study

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Invisible surplus widens in Q4FY26 to $90,513mn as remittances jump 30%

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Manufacturing powers industrial output growth of 5.1%

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In clean-up drive, ex-CEC Rajiv Kumar named HDFC chairman

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Payment delay puts working capital stress on MSMEs

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Monsoon uncertainty weighs on gains from lower oil prices

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SEZ reforms: Commerce ministry calls stakeholders' meet on June 30 to discuss policy overhaul

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The Commerce Ministry is convening a stakeholder meeting on June 30 to discuss crucial reforms for Special Economic Zones (SEZs). The focus will be on harmonizing export promotion schemes and simplifying business operations within these enclaves. Discussions will cover issues like domestic payments, job work, and import substitution, aiming to modernize the SEZ policy in line with evolving global trade dynamics. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/NUOuvRb

90% of India's planned renewable projects face climate risk. Here's how to build them safer

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A Zurich Group report reveals that most of India's planned renewable energy projects face significant climate risks by 2030. Ninety percent of these sites are at high or critical risk from hazards like floods and wildfires. However, with many projects still in development, incorporating resilience measures now, costing around 2% of CAPEX, could slash severe loss exposure by 75%, ensuring sustainable energy infrastructure. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/FTkJB9C

From inflation to mortgage rates: What moved US economy's report card this week

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US economic growth surprised on the upside, while job losses remained low. However, persistent inflation, fueled by rising fuel and electronics costs, is squeezing consumers. Despite a slowdown in spending, businesses are investing heavily in AI, leading to price hikes on tech products like Apple's Macs and iPads. Mortgage rates also saw a slight increase, adding to financial pressures. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/3yUvWM6

Hormuz got busy after months, now it's facing another roadblock

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Ship traffic through the Strait of Hormuz surged briefly following US sanctions relief and a humanitarian evacuation effort. However, a fresh attack in the Gulf of Oman halted the operation, causing traffic to plummet. Iran's warning about safe passage routes further heightened concerns, leaving major global carriers hesitant to return to the volatile waterway. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/GJYF1HC

US judge: No quick dismissal of Adani case

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HDFC review finds no evidence backing ex-chairman’s charges

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Humble Re 1 retains coining glory despite rise of digital payments

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Indian basket crude prices return to pre-conflict levels

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Bigger play for corporates in debt & money markets

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'Excited about growth of quick commerce here'

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Increasingly Investing Substantial Amounts In AWS, Cloud & AI Biz: Amazon CEO Jassy from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/p5x6g2X

Crude slips toward $70 as tankers return to Hormuz after US-Iran reach peace deal

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Crude oil prices have plummeted towards pre-war levels as tanker traffic through the Strait of Hormuz resumes, alleviating supply worries. Following a surge past $126, oil is now hovering around $70. Improved shipping and potential Iranian exports have eased fears of disruptions, leading to a significant price drop. Traders are now anticipating a surplus as physical crude trades at discounts. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/QIrc2s7

Crude below $75/barrel but will take time to return to pre-war levels

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'Wrong turn': Air India plane comes in front of IndiGo flight on same taxiway at Ahmedabad airport

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Airlines turn to AI to save fuel; IndiGo to start trials for thriftier take-offs from today

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Sensex slides 900 points as global tech sell-off weighs

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Square Yards turns unicorn with 900 crore fundraise

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Employers told to analyse mismatches in salary filings

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After initial rush, semaglutide therapy market saddled with 100cr excess stock

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India-EU FTA to open nearly entire European market for Indian exports by 2027: Goyal

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India and the European Union are poised to sign their landmark free trade agreement by December, with implementation expected by early 2027. This pact promises Indian exporters near-zero duty access to the vast European market, opening up significant opportunities. Discussions are also progressing on trade deals with the US and Canada, highlighting India's growing global economic influence. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Vhsd7jC

Top-10 firms gain Rs 2.15 lakh crore in a week; Airtel emerges biggest winner

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Indian equity markets witnessed a significant surge last week, adding Rs 2.15 lakh crore to the valuation of nine out of the top 10 most valuable companies. Bharti Airtel emerged as the top gainer, followed by LIC and Bajaj Finance. This rally was fueled by improved global risk appetite and easing geopolitical concerns, boosting investor sentiment across the board. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/DX78Stg

Exports up 15% so far in June quarter despite global headwinds, says Piyush Goyal

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India's merchandise exports have demonstrated remarkable resilience, surging approximately 15% from April 1 to June 14, despite global economic headwinds and increased US tariffs. Minister Piyush Goyal highlighted this robust growth, even as international trade faces significant challenges. This positive trend follows a strong May performance, underscoring India's continued strength in outbound shipments. Goyal also urged chartered accountants to contribute to India's developed nation goal, emphasizing local cleanliness efforts. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/6eXF7lf

Crude comeback: 20 million barrels leave Iran port after peace breakthrough

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Iran's oil exports have surged following a peace deal with Washington, with 11 tankers carrying 20 million barrels departing the Gulf of Oman. This increase coincides with new maritime regulations for the Strait of Hormuz. However, the delay of permanent peace talks due to regional clashes casts a shadow on the long-term outlook, with lighter traffic observed on Friday. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/RPJQWyX

Sebi allows easier transfer of shares of dead investors

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Oil prices edge higher after Vance threatens Israel against violating ceasefire

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Oil prices experienced volatility following US Vice President JD Vance's comments, raising concerns about the Iran-US ceasefire's stability. Brent and WTI crude saw declines as Vance warned Israel against further attacks on Hezbollah, casting doubt on the accord's durability. The market now watches the Strait of Hormuz, a key oil transit route, for signs of recovery under the new agreement. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/iTg1BN5

‘India to be among our top 5 markets’, says Hesham Abdulla Al Qassim

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Emirates NBD's significant acquisition of a 60% stake in RBL Bank for Rs 26,015 crore signifies a strategic shift in India-UAE economic ties, moving beyond trade to capital and control. This move positions India as a core growth market for the Dubai-based lender, reflecting historical financial linkages and a desire to deepen the relationship with substantial capital. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/6niTYRZ

Social security relief extended for Indian execs in UK

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Coal gasification can cut import dependence, strengthen energy security: G Kishan Reddy

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New resource race: G7 joins forces to challenge China’s critical minerals dominance

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G7 leaders are uniting to lessen reliance on China for vital minerals, essential for defense and green tech. Plans include coordinated stockpiling, enhanced recycling, and a new platform with the IEA. The goal is to significantly cut dependence on single suppliers by 2030, fostering more secure global supply chains. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/mwP5nW0

Dalal Street cheers peace deal, oil slide; sensex up for 4th day

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India in talks with Russia-linked Siberian deposit to source rare earth Samples: Report

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India is seeking rare earth samples from Russia. This move aims to diversify critical mineral supplies away from China. State miner IREL is in talks with Rosneft for samples from Siberia's Tomtor deposit. India will study the mineral composition before further engagement. This effort supports India's growing demand for rare earths in electric vehicles and clean energy. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/3JXR5FV

4 of Vedanta’s demerged businesses list on bourses

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Digital platform for managing wind energy supply chain launched

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KKR: Leveraged deals from 2021, treasuries to feel pressure

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India seeks French investment in manufacturing; Piyush Goyal pitches scale and talent

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Commerce and Industry Minister Piyush Goyal urged French companies to invest in India's manufacturing sector, highlighting the nation as a reliable partner offering scale, talent, and innovation. Speaking at the 'Bharat Innovates' event, Goyal emphasized India's potential as both a large domestic market and a global export hub, driven by a vibrant startup ecosystem. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/IGiJRZv

Dalal Street outlook: Inflation, Fed verdict and crude oil in focus; US-Iran deal hopes to steer market sentiment

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Indian stock markets are poised for a volatile week, with US inflation data, the Federal Reserve's interest rate decision, and crude oil price movements as key influencers. Investors are keenly watching the US-Iran deal's progress, which could impact global oil prices and market sentiment. Foreign investor outflows also remain a significant concern. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/a0nTR2M

Market rally adds Rs 1.9 lakh crore to top 10 firms' value; ICICI Bank emerges biggest gainer

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Indian equities surged last week, with the top 10 most-valued companies collectively gaining Rs 1.90 lakh crore. ICICI Bank led the rally, adding over Rs 56,000 crore to its market cap. This upturn, driven by global sentiment and RBI measures, saw most major firms post gains, with Reliance Industries retaining its top spot. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/mRZVAvf

China beats Elon Musk's 'Jesus-level technology' to launch world's first commercial brain chip

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India steps up Russian oil buying; crude imports from Moscow rise in May: Report

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Reinsurance buffers crash claim, Tata AIG logs Rs 1,008 crore profit

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The General Insurance Corporation had estimated claims of over $400 million last year from the Air India Ahmedabad crash. Since then, reinsurers have settled some claims. Tata AIG, which was the lead insurer, had a 45% share of the risk. “We fully provided for it in that same quarter itself. Net of reinsurance, our exposure was less than Rs 50 crore,” said Amit Ganorkar, MD & CEO, Tata AIG General. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/SXHQTFP

India central to EY’s AI strategy: Truncale

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Countries protecting domestic industries, India no exception: Piyush Goyal on global trade

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India navigates global trade challenges by fostering dialogue and partnerships, even as nations increasingly protect domestic industries like steel. Minister Piyush Goyal highlighted that despite a less effective WTO, international trade largely operates under its framework. India is actively pursuing free trade agreements to boost market access and attract significant investments, underscoring a commitment to innovation and long-term global integration. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/MYDkg7V

Crude on boil: Oil prices jump over 2% as Iran closes Strait of Hormuz to all vessels

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Global crude benchmarks surged over 2% as Iran declared the Strait of Hormuz closed to all vessels following fresh US military strikes. Brent crude rose to $95.40 and WTI to $92.63 a barrel. Iran's IRGC warned any vessel attempting to transit the strait would be targeted amid escalating regional tensions. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZRVnA4c

Government may hold off on higher ethanol mandate

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