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RBI may keep repo rate unchanged at upcoming meeting
The Reserve Bank of India (RBI) is likely to keep its key policy rate unchanged at 5.25% during the upcoming bi-monthly monetary policy meeting from June 3-5.
Semiconductor plant in Assam to begin production this fiscal: Vaishnaw
The semiconductor plant at Jagiroad in Assam is likely to start production within the current financial year.
Why trucking in India is slow despite faster expressways
India's huge investment in highways and expressways has not resulted in a proportionate increase in freight movement speed.
Chinese AI firm MiniMax prepares for domestic listing
Shanghai-based artificial intelligence (AI) start-up MiniMax Group Inc. has begun preparations for a domestic listing, according to a regulatory filing.
India, Oman launch CEPA June 1 expanding trade and jobs
India and Oman's Comprehensive Economic Partnership Agreement (CEPA) begins June 1, offering 100% duty-free access for Indian exports to Oman and boosting bilateral trade ties.
Anthropic, OpenAI IPOs could fuel growth for Asian tech suppliers
The upcoming wave of stock offerings in the US could be a boon for Asian supply chain companies.
PhysicsWallah targets over 30% fiscal 2027 revenue growth using AI
PhysicsWallah projects over 30% revenue growth this fiscal, driven by increased enrolments and AI integration to enhance efficiency and significantly reduce operational costs.
China's factory activity weakens in May
China's manufacturing sector hit a snag in May, with the official Purchasing Managers' Index (PMI) slipping to 50 from April's 50.3.
Tata's Jagiroad chip plant to begin production this financial year
Union Minister Ashwini Vaishnaw confirmed that the Jagiroad semiconductor plant in Assam, a Tata project, will commence production within this financial year.
Dell chief strategy officer Sam Burd lauds India's AI push
Sam Burd, Dell Technologies’ Chief Strategy Officer, expressed enthusiasm about collaborating with India on its aggressive push to lead global AI innovation.
India, US to hold 4-day trade meet from tomorrow
The chief negotiators of India and the United States will begin a four-day meeting on Monday in New Delhi.
Why EU is planning freeze on Russian oil price cap
The European Union (EU) is mulling a temporary freeze of its price cap on Russian oil, in light of the ongoing Middle East conflict.
Cafe Coffee Day parent swings back to profit in FY26
Coffee Day Global Ltd has announced a profit after tax (PAT) of ₹14 crore for the fiscal year 2025-26 (FY26).
LIC is mulling an entry in India's fintech space
Life Insurance Corporation of India (LIC) is looking to enter the fintech space.
Adani says legal challenges in the US are now over
Billionaire Gautam Adani has announced that the Adani Group has moved past its legal challenges in the United States.
EaseMyTrip's Q4 results: Revenue up 8.9% YoY to ₹152cr
Leading travel platform EaseMyTrip has reported an 8.9% year-on-year growth in its revenue from operations for the fourth quarter of FY26.
Market cap of India's top 7 firms plunges ₹1.54L crore
The combined market capitalization of seven out of India's top 10 most valuable companies fell by ₹1.54 lakh crore last week.
Snap alums launch an investment fund to back AI start-ups
A group of 20 Snap alumni have launched a new investment fund called Ghost Angels.
India and US negotiate interim trade deal in New Delhi
India and the US will engage in four-day trade negotiations starting June 1, focusing on finalizing an interim trade pact framework agreed upon earlier this year.
Reliance Industries to invest ₹10L/cr in AI-ready data centers
Reliance Industries Limited plans to invest ₹10 lakh crore in multi-gigawatt-scale AI-ready data centres, marking a significant step in India's digital transformation.
Responsive crosses $1 trillion in global business opportunities US based
Responsive, an AI-driven software firm, has surpassed $1 trillion in business opportunities processed, driven by growing demand for flexible response management solutions.
Canada and India revive free trade talks at Regina summit
Optimism grows for a Canada-India free trade pact as leaders at the Western Canada-India Summit in Regina revive stalled negotiations, targeting expanded bilateral trade by 2030.
Government reintroduces windfall tax on fuel exports
The Indian government has reintroduced windfall tax rates on fuel exports, effective from June 1, 2026.
Minda Corporation Noida factory fire on Saturday injured no 1
Minda Corporation reported a fire at its Noida manufacturing plant on May 30, with no casualties or injuries. Emergency procedures were promptly activated to control the situation.
CMR Green and Hexagon Nutrition IPOs next week near ₹770cr
CMR Green Technologies and Hexagon Nutrition are set to launch their IPOs next week, collectively valued at ₹770 crore, with both offerings being entirely offer-for-sale (OFS).
Coffee Day Global posts ₹14cr profit as revenue rises 5.7%
Coffee Day Global reported a ₹14 crore profit in FY26, reversing its previous year's loss, with revenue rising 5.7% to ₹1,094 crore.
Adani Power supplied 17 GW during India's 272 GW peak
Adani Power has optimized its operations, achieving 77% Plant Load Factor and contributing 17 GW to India's grid during peak demand amid an intense heatwave.
India's solar cell manufacturing reaches 40 GW before ALMM rules
India's solar PV cell manufacturing capacity surged to 40 GW by March 2026, driven by the upcoming ALMM List-II mandate, which added 5 GW in Q1 2026 alone.
Indiabulls convenes June 3 board to explore QIP, preferential allotments
Indiabulls will hold a board meeting on June 3, 2026, to discuss raising funds via equity shares or convertible securities for its subsidiary in domestic and international markets.
Gautam Adani says US legal disputes settled, eyes AI infrastructure
Gautam Adani announced that US legal challenges are resolved, enabling the Adani Group to focus on expanding AI-driven infrastructure across energy, transport, and digital sectors.
Reliance, NLC explore new project to boost domestic gas supply
NLC India and Reliance Industries have teamed up to explore an underground lignite gasification project in Gujarat.
EaseMyTrip posts 8.9% Q4 revenue rise to ₹152cr, GBR ₹8,376cr
EaseMyTrip reported an 8.9% YoY growth in Q4 FY26 revenue, driven by strong performance in hotels, holidays, and international markets, with total revenue reaching ₹152 crore.
Urban India's home interiors market exceeds $12B amid rising spending
Urban India is witnessing a lifestyle shift, with homeowners spending 10-20% of property value on interiors, fueling a $12 billion home decor and interior design market.
These 2 IPOs shall open for subscription next week
India's primary market is gearing up for an active week with two public issues, CMR Green Technologies and Hexagon Nutrition, set to open for subscription.
No customs duty on cotton imports till October 31
The Indian government has announced a five-month exemption from customs duty on cotton imports, effective from June 1.
Patanjali Foods' Q4 net profit up 46% YoY to ₹524cr
Patanjali Foods has announced a whopping 46% jump in its consolidated net profit for the March quarter, owing to strong sales of cooking oils and other food items.
SEBI clears Zepto IPO after unlisted shares fall 30%
Zepto's unlisted shares have dropped 30% in a month, reflecting investor caution and broader market weakness, even as the quick commerce firm gears up for its IPO.
Midcap index hits fresh high as smallcap stocks outperform
Broader indices outperformed benchmark indices for the second week, driven by declining crude oil prices and a strengthening rupee amidst market volatility.
Seven top Indian firms lose 1.54L/cr during holiday-shortened week
Seven of India's top-10 valued firms lost Rs 1.54 lakh crore in market valuation last week, with Reliance Industries suffering the steepest decline of Rs 46,078.3 crore.
Triveni Engineering Q4 profit ₹167cr, down 8%, FY profit ₹269cr
Triveni Engineering & Industries reported an 8% drop in consolidated net profit to ₹167.45 crore for Q4, primarily due to higher sugarcane costs and lower PTB profitability.
Modi government lowers excise duty on petrol, diesel, ATF exports
The Indian government has announced a reduction in the Special Additional Excise Duty (SAED) on exports of diesel, petrol and aviation turbine fuel (ATF).
BlaBlaCar adds 600,000 drivers worldwide as India hits 20 million users
India, with over 20 million users in 2025, has emerged as BlaBlaCar's top market, driven by rising fuel prices and growing demand for cost-effective and comfortable travel options.
Patanjali Foods Q4 FY25-26 net rises 46% to ₹524cr
Patanjali Foods Ltd reported a 46% rise in consolidated net profit to ₹523.97 crore for Q4 FY26, driven by higher income from cooking oils and food sales.
PM-KISAN 23rd installment likely in July 2026, ₹6,000 yearly aid
The 23rd installment of the PM Kisan scheme, providing Rs 2,000 to eligible farmers, is expected to be released in July 2026 following the March disbursement.
China's manufacturing PMI slips to 50 as sector feels pressure
China's manufacturing PMI fell to 50 in May, down from 50.3 in April, as holiday disruptions and global pressures signal growing challenges for the economy.
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Massive capital raises by SpaceX, OpenAI, and Anthropic are expected to drive a new wave of technology spending, benefiting Asian supply chain and hardware firms.
NVIDIA CFO Kress says AI necessary as revenue hits $81.6B
Nvidia CFO Colette Kress emphasized during the company’s earnings call that artificial intelligence has transitioned from a luxury to an essential tool for boosting productivity.
Rising AI costs force firms to rethink use amid IPOs
Businesses are rethinking AI adoption as skyrocketing costs for agents, tokens, and computing power replace the era of cheap, subsidized intelligence.
India cuts special additional excise duty on exported fuels
The government has reduced the special additional excise duty on diesel, petrol, and ATF exports effective June 1, with rates now revised fortnightly based on global crude prices.
Indian oil at $97.52 per barrel after U.S.-Iran deal talk
The Indian crude basket dropped to $97.52 per barrel, marking its first dip below $100 since March 6, as global oil prices cooled amid easing geopolitical tensions.
Federal judge reconsiders Donald Trump settlement with Justice Department
A Florida judge will review a controversial $1.8 billion settlement between Donald Trump and the Justice Department, raising concerns about potential judicial misconduct.
India exempts cotton import duty from June to October 2026
The government has introduced a five-month duty exemption on cotton imports from June 1 to October 31, aiming to reduce input costs and support the textile industry.
SoftBank reportedly to invest €75B in France AI data centers
SoftBank Group plans to invest up to €75 billion in AI data centers across France, with initial projects in Le Bosquel and Dunkirk set to launch by 2031.
Uttar Pradesh: Electricity bills to increase by 10% from June
The Uttar Pradesh Power Corporation Limited has announced a 10% increase in electricity bills, effective from June.
India-US trade deal 99% complete, may be signed within weeks
Sergio Gor, the US Ambassador to India, has said that an interim trade deal between the two countries is at the "last 1%."
SpiceJet slapped with ₹125cr GST demand, registration may be canceled
The Goods and Services Tax (GST) Department has issued a tax demand of ₹124.65 crore to budget airline SpiceJet.
Rockstar Games developers form first-ever union
In a historic move, employees at Rockstar Games have announced the formation of their first-ever labor union.
Finance Ministry warns of inflation risks from rising energy prices
India's economy is showing "cautious resilience" amid global uncertainties, but rising energy prices and a potentially weak monsoon could pose inflation risks.
Urgent need to boost semiconductor manufacturing in India: NITI Aayog
NITI Aayog has called for a major push toward self-reliant semiconductor manufacturing in India.
US seizes nearly $1B in Iranian crypto assets
The US has seized nearly $1 billion in Iranian cryptocurrency assets as part of "Operation Economic Fury," US Treasury Secretary Scott Bessent announced.
India becomes 3rd-largest market for Schengen visas
India has emerged as the third-largest market for Schengen visas, with 1.15 million applications in 2025.
Which Schengen countries rejected most visa applications from India (2025)
In 2025, over 181,000 Schengen visa applications from India were rejected, according to data released by the European Commission. This translates to a non-issuance rate of 15.8%.
Foreign investors pull out ₹33,000cr from Indian equities in May
Foreign Portfolio Investors (FPIs) continued their selling spree in Indian equities throughout May 2026, with net outflows of ₹32,963 crore.
Infosys CEO's annual pay rises 2.5% to $8.7M
Infosys CEO Salil Parekh's annual compensation has increased by 2.5% to ₹826 million ($8.69 million) for the fiscal year 2026, as per the company's annual report.
CBI files first chargesheet against Reliance Communications, 15 others
The Central Bureau of Investigation (CBI) has filed its first chargesheet against Reliance Communications Limited and 15 other accused.
IndiGo to raise ticket prices as jet fuel costs soar
IndiGo has announced that it will pass the recent increase in jet fuel prices on to its customers.
SpaceX lands $6.5B in defense contracts as IPO nears
SpaceX has been awarded two major contracts by the US Space Force.
India to add over $2 trillion in wealth by 2030
India is expected to add more than $2 trillion in financial wealth by 2030, a Boston Consulting Group (BCG) Global Wealth Report 2026 has said.
Ola Electric's stock rises 93% since March: What's driving it?
Ola Electric's stock has witnessed a massive surge, rising by 93% since March.
CNN sues Perplexity AI over copyright infringement
CNN has sued artificial intelligence firm Perplexity for allegedly stealing and distributing its content without permission.
Why Airtel's 5G priority postpaid plan is under TRAI scanner
The Telecom Regulatory Authority of India (TRAI) has questioned Bharti Airtel's 5G Priority Postpaid service, a move that has raised net neutrality concerns.
IMD to set up weather station at Noida International Airport
The India Meteorological Department (IMD) will set up a dedicated weather monitoring station at the upcoming Noida International Airport in Jewar.
Why Sensex crashed 1,100 points today
India's benchmark stock market indices, the Sensex and Nifty, witnessed a major crash on Thursday.
Gig workers to get pensions, insurance, and healthcare
The Indian government is set to introduce social security benefits for gig and platform workers.
Vedanta shares hit record high after credit rating upgrade
Vedanta's share price has surged to a new all-time high, following an upgrade in its credit rating by ICRA, a Moody's affiliate.
This start-up offers free apartment cleaning for users' data
A New York-based start-up, Shift, is offering free apartment cleaning services in exchange for data collected inside people's homes.
Why Coffee Day shares surged 20% today
Shares of Coffee Day Enterprises, the parent company of Cafe Coffee Day (CCD), hit the 20% upper circuit limit today to reach ₹34.78 on Nifty.
Google ordered to pay ₹30L as Hindware wins trademark case
In a landmark ruling, the Delhi High Court has ruled that Google infringed Hindware's trademark rights by allowing rival companies to bid on its registered trademark "HINDWARE" through its Google Ads platform.
What are varnished banknotes and why is RBI introducing them?
The Reserve Bank of India (RBI) is planning to introduce varnished banknotes with enhanced security and durability features as cash circulation in the economy continues to remain strong.
From June 1, these financial changes may affect you
A series of regulatory changes across taxation, banking, and clean energy sectors are set to come into effect in June.
Oil may hit $160 as inventories near record lows
Exxon Mobil, a leading US energy company, has warned of a potential spike in global oil prices.
Who is Hemant Taneja, Delhi-born billionaire betting big on Anthropic?
Indian-origin investor Hemant Taneja has made a record investment in Anthropic, a leading player in the artificial intelligence (AI) space. The move comes as Anthropic recently surpassed OpenAI in valuation.
India, Canada launch trade, investment forum to boost economic ties
India and Canada have launched a new trade and investment forum to strengthen their economic partnership.
Piyush Goyal meets US industry leaders, discusses bilateral trade ties
Union Minister of Commerce and Industry, Piyush Goyal, met over 50 leading business and industry leaders in New York City.
Oil prices dip as US-Iran ceasefire talks progress
Oil prices have fallen slightly after the US and Iran tentatively agreed to extend a truce by 60 days.
Musk's SpaceX lowers IPO valuation
SpaceX, Elon Musk's rocket and artificial intelligence company, has revised its initial public offering (IPO) valuation target to at least $1.8 trillion.
How fly led to Japan banning Indian mangoes after 20yrs
Japan has suspended fresh mango imports from India for the 2026 season over pest treatment concerns at an Indian facility.
Why LIC shares are down 50% today
Life Insurance Corporation of India (LIC) witnessed a massive drop in its share price, falling by nearly 50% in early trade on Friday.
Anthropic nears $1 trillion valuation ahead of IPO
Artificial intelligence (AI) company Anthropic has raised a whopping $65 billion in its latest funding round.
Samsung's breakthrough AI memory chips send shares soaring
Samsung Electronics has announced the global shipment of samples of its latest high-bandwidth memory (HBM) chip, a move that has sent the company's stock soaring by as much as 6.5%.
Samsung pay war escalates as union drags company to court
A minority labor union at Samsung Electronics is all set to contest a recent pay deal in court.
SpaceX, OpenAI IPOs could spark US investment wave in India
The upcoming mega-IPOs of SpaceX, OpenAI, and Anthropic are likely to spark a wave of retail investment from India into US equities.
Why Japan has suspended Indian mango imports
Japan has suspended the import of Indian mangoes for the 2026 season, following an inspection in March.
How much PF savings can you withdraw using UPI
The Employees' Provident Fund Organisation (EPFO) is gearing up to make it easier for subscribers to access their provident fund savings.
Ace investor Vijay Kedia wants LTCG tax on equities scrapped
Veteran investor Vijay Kedia has urged Finance Minister Nirmala Sitharaman to abolish the long-term capital gains (LTCG) tax on listed equities.
Vedanta plans $20B capex as demerged firms prepare for listing
Anil Agarwal, the chairman of Vedanta Group, has announced that all four demerged entities of the company will be listed independently within a month.
OpenAI Foundation commits $250M to tackle AI-driven job disruption
The OpenAI Foundation has announced a major investment of $250 million to help workers and economies deal with the disruption caused by artificial intelligence (AI).
Trump sues WSJ for $10B over Epstein report
US President Donald Trump has refiled a defamation lawsuit against the Wall Street Journal (WSJ) for at least $10 billion.
Microsoft inks $9.7B software deal with US military
The US Department of Defense (DoD) has signed a five-year, $9.69 billion contract with tech giant Microsoft.
Boeing is ramping up 737 Max production again
Boeing has received the green light from the Federal Aviation Administration (FAA) to ramp up its production of 737 Max jets.
Australia sues 3M over 'forever chemicals' contamination in firefighting foam
The Australian government has filed a lawsuit against multinational conglomerate 3M, seeking damages of over $2 billion.
Bitcoin hits 5-week low
Bitcoin, the world's largest cryptocurrency, has hit its lowest level since April 20.
Gift Nifty crashes 2%, signaling bloodbath at Dalal Street tomorrow
The Indian stock market is likely to open significantly lower on Friday, with the Gift Nifty 50 index futures plummeting by 1.7% to 23,580.
NVIDIA CEO to join advisory board of China's top university
NVIDIA CEO Jensen Huang has accepted an invitation to join the advisory board of Tsinghua University's School of Economics and Management (SEM).
Ather Energy enters insurance business with new subsidiary
Ather Energy, a leading electric two-wheeler manufacturer, has announced its foray into the insurance sector. The company has formed a wholly-owned subsidiary called Ather Insurance Limited.