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Indian markets rally as Nifty climbs to 23,225 Sensex 73,867
The Sensex rose 400 points and Nifty neared 23,250 as easing geopolitical tensions and a boost in bank shares following RBI's forex swap facility lifted market sentiment.
US court hearing could decide eligibility for $166B tariff refunds
A federal court hearing will address disputes over U.S. Customs' $166 billion tariff refund plan, focusing on eligibility and the pace of payouts following a Supreme Court ruling.
Indian stocks rally, Sensex up 337 as Nifty tops 23,200
Sensex surged 337 points to 73,862, while Nifty rose 0.44% above 23,200 in early trade, driven by gains in realty and financial stocks amid easing Iran-Israel tensions.
SBI to plan YONO 3.0 after 4.5cr users, C.S. Setty
SBI Chairman Chella Sreenivasulu Setty confirmed that the bank will soon begin work on YONO 3.0, focusing on commercializing technology for smaller banks.
RBI moves may attract $50 billion, stabilize 2035 bond yields
Indian government bonds are set to gain further, supported by declining oil prices and central bank measures aimed at attracting dollar inflows to stabilize the economy.
Rupee opens stronger at 95.48 after Iran Israel tensions ease
The Indian rupee opened 33 paise higher at 95.48 per dollar on June 9, supported by easing oil prices and a weaker dollar following reduced Iran-Israel tensions.
Zepto boosts ESOP to 1.47 billion options as grants fall
Zepto allocated significant stock options to senior executives in FY26, with CFO Ramesh Bafna receiving the largest grant of 138.3 million options, as per its updated DRHP filing.
China's May exports rise over 19% on AI hardware
China's exports soared over 19% in May, surpassing forecasts, driven by booming AI hardware demand. Imports also surged 27%, highlighting robust semiconductor trade.
India named official partner country at VivaTech 2026 in Paris
India, as France's Official AI Partner Country at VivaTech 2026, will showcase its global leadership in AI, digital innovation, and technology-driven development.
Iran war drives Indian inflation as oil and gas surge
India's economy grapples with rising costs as the Iran war disrupts oil supplies, inflating prices and pressuring growth, inflation, and government finances.
Meta invests $115 million in America's Workforce Academy guaranteeing jobs
Meta is investing $115 million in a cost-free training program, America's Workforce Academy, to prepare data center technicians for its AI-driven infrastructure expansion.
Infosys pauses tests for 20,000 applicants over impersonation, cheating
Infosys has deferred assessments for over 20,000 candidates after detecting impersonation and malpractice, reinforcing its verification processes to ensure recruitment integrity.
Applied Digital signs $5.2B 15-year lease for Delta Forge 2
Applied Digital signed a 15-year, $5.2 billion lease with a U.S.-based hyperscaler for its Delta Forge 2 site, boosting shares by 8.7% in extended trading.
Embraer eyes IAF contract with C-390 Millennium ahead of RFP
Brazilian aerospace giant Embraer is vying for India's military transport aircraft tender with its C-390 Millennium, partnering with Indian firms for local manufacturing and MRO.
OpenAI files for US IPO, says going public 1 option
OpenAI has confidentially filed for a US IPO, announcing the move on social media while indicating it may delay market entry to focus on private company priorities.
Perplexity commits to 2028 IPO despite Anthropic and OpenAI filings
AI firm Perplexity plans to go public in 2028, CEO Aravind Srinivas confirmed, stating the timeline remains unchanged regardless of Anthropic and OpenAI's upcoming market listings.
India moves to 6th spot globally after South Korea slump
India has reclaimed the sixth spot in global market capitalization at $4.84 trillion, as South Korea's market cap plunged 10% due to sharp declines in chipmaker stocks.
SpaceX IPO could hit $1.75T and gain MSCI fast-track inclusion
MSCI will apply early inclusion rules for large IPOs, paving the way for SpaceX's potential addition to its Global Standard Indexes after its $1.75 trillion IPO launch.
Oil prices tick up after Iran, Israel reach temporary ceasefire
Oil prices edged higher as Iran and Israel paused hostilities after U.S. intervention, but investors remain cautious amid ongoing geopolitical uncertainty in the region.
Articul8 raising $30 million to $50 million for India's heritage AI
Articul8, an AI company spun out of Intel in 2024, plans to raise $30-50 million for an India-based venture focused on Sanskrit and traditional knowledge systems.
Infineon Technologies partners with CDIL, Kaynes to boost India chipmaking
Infineon Technologies partners with CDIL and Kaynes Semicon, transferring packaging expertise to bolster India's semiconductor manufacturing ecosystem.
Ashish Dave announces Mumbai-based Sanskrit Capital seeking 700-1,000 cr
Ashish Dave, former head of Mirae Asset Venture Investments (India), is launching Sanskrit Capital, a Rs 700-1,000 crore fund focused on Series B and C startups.
India's GCCs added nearly 200,000 net employees, outpacing IT services
Global capability centres (GCCs) are leading India's tech hiring, adding nearly 200,000 employees in FY26, driven by demand for AI and cloud expertise.
ChatGPT reaches 1 billion monthly users as of May 2026
OpenAI's ChatGPT hit 1 billion users in three years, but Anthropic has overtaken it in business adoption, intensifying competition as both eye potential public market listings.
Sachin Bansal's Navi seeks $300 million with potential $2B valuation
Navi Technologies, led by Flipkart cofounder Sachin Bansal, is in advanced talks with Prosus and Accel Growth Fund to raise $250-300 million at a valuation of $1.8-2 billion.
AGNIT Semiconductors opens over 3Cr GaN chip lab in Bengaluru
AGNIT Semiconductors has launched a Rs 3 crore GaN testing lab at IISc Bengaluru, aiming to accelerate indigenous chip validation for defence and telecom applications.
Tata Sons board meets Friday, reviews 2026 results, not reappointment
Tata Sons' board will not deliberate on chairman N. Chandrasekaran's third term during Friday's meeting, focusing instead on the group's FY26 performance and current fiscal plans.
India's solar push hits setback as costs jump 20%
India's solar industry faces a 20% cost hike due to rising metal prices, currency fluctuations, and West Asia conflict-driven supply chain disruptions.
Gold holds near $4,325 after Israel and Iran truce
Gold held steady near $4,325 an ounce as Israel and Iran agreed to halt missile strikes, easing tensions in the Middle East and calming global markets.
Kalshi and Polymarket tighten rules on influencers spreading election misinformation
Kalshi and Polymarket now prohibit paid creators from spreading election misinformation, warning affiliates to remove such posts or risk losing sponsorship deals.
India's institutions poured over ₹4L/cr into stocks in early 2026
Domestic institutional investors have poured over Rs 4 lakh crore into Indian equities in the first five months of 2026, despite market volatility and significant foreign outflows.
Markets rally after Israel and Iran pause, President Trump push
Global stocks showed resilience as Wall Street rebounded on tech recovery, while oil prices eased after Iran and Israel signaled a pause in hostilities following U.S. mediation.
Waymo buys Apple-linked 5,500-acre Arizona self-driving test site for $220 million
Waymo purchased a 5,500-acre proving ground in Arizona for $220 million from a Delaware shell company linked to Apple, expanding its autonomous vehicle testing capabilities.
Enforcement Directorate questions Zepto founders before IPO, Zepto warns investors
Zepto founders Aadit Palicha and Kaivalya Vohra were summoned by the Enforcement Directorate over foreign investments and financial disclosures ahead of the company's IPO.
Donald Trump seeks 60-day extension in $475 million CNN defamation case
Former President Donald Trump plans to petition the Supreme Court to reinstate his $475 million defamation lawsuit against CNN, challenging a lower court's dismissal of the case.
Sir Dorabji Tata Trust trustees avoid discussing 1989 transfer
The Sir Dorabji Tata Trust board convened on Monday to address routine matters, as allegations surrounding a 1989 Tata Sons share transfer resurfaced.
US airlines face 78% surge in April jet fuel costs
Jet fuel prices surged 78% year-over-year in April, driven by the Strait of Hormuz shutdown, which has disrupted global oil transport and strained airline profitability worldwide.
ISS criticizes Warner Bros. Discovery executive pay in $110B merger
Proxy adviser ISS has urged Warner Bros Discovery shareholders to reject executive compensation plans, citing CEO David Zaslav's "extremely large" potential $887 million payout.
Why Meta has taken legal action against NSO Group
Meta has filed a contempt filing against Israeli spyware firm NSO Group for violating a permanent injunction that prohibits it from targeting WhatsApp and its users.
AI is now taking orders at McDonald's drive-thru restaurants
McDonald's is testing a new artificial intelligence (AI)-driven drive-thru order-taking system, ArchIQ.
You can soon invest in corporate bond-index derivatives in India
The Securities and Exchange Board of India (SEBI) is working with the Reserve Bank of India (RBI) to introduce derivatives linked to corporate bond indices.
Aviation industry unlikely to meet net-zero emissions goal by 2050
The aviation industry, which pledged to achieve net-zero carbon emissions by 2050, is now doubting its ability to meet this target.
RBI measures may draw foreign investments worth $50-60B in India
ICICI Securities has projected that India could see an influx of $50-60 billion in foreign investments in the coming months.
TCS wins multi-million euro deal from Canada Life
Tata Consultancy Services (TCS) has won a multi-year, multi-million euro contract from Canada Life, one of the world's leading life and pensions insurers.
Indian Railways to launch new ticket reservation system from August
Indian Railways is gearing up for a major upgrade of its Passenger Reservation System (PRS) from August.
SEBI weighs reforms to stockbroking, IPO, and research analyst norms
The Securities and Exchange Board of India (SEBI) is considering a host of reforms to improve market efficiency.
Kimi maker Moonshot AI eyes $30B valuation in latest round
Moonshot AI, the company behind the Kimi chatbot, is in talks to raise up to $2 billion. The funding would increase its valuation to a whopping $30 billion.
At $122B, engineering goods become India's top export category
India's engineering sector has become the country's largest merchandise export segment, accounting for over 25% of total goods exports.
HDFC Bank delays CEO reappointment decision amid legal review
HDFC Bank's board is delaying the decision on CEO Sashidhar Jagdishan's reappointment.
Walmart tells employees AI will assist, not replace them
Walmart, the world's largest retailer, has assured its employees that artificial intelligence (AI) is here to assist them in their work rather than replace them.
You can now withdraw entire PF balance in emergency situations
The Employees' Provident Fund Organisation (EPFO) has introduced a major change in its rules, allowing members to withdraw their entire provident fund (PF) balance under certain special circumstances.
CMR Green IPO allotment today: How to check status online
CMR Green Technologies' initial public offering (IPO) has attracted strong investor interest.
8th Pay Commission delay could lead to arrears worth lakhs
The implementation of the 8th Pay Commission, which was originally due on January 1, 2026, has been delayed.
Rajesh Exports shares hit lower circuit for 3rd consecutive day
Rajesh Exports' stock has hit its lower circuit limit for the third straight trading session.
Carlsberg wants to raise $700M via IPO in India
Danish brewer Carlsberg A/S is gearing up to file draft papers for an initial public offering (IPO) of its Indian unit, possibly this month.
Adani Ports makes South America debut with $70M contract
Adani Ports and Special Economic Zone (APSEZ) has won a 10-year marine services contract for Argentina's first liquefied natural gas (LNG) export project.
Sensodyne maker setting up manufacturing plant in India for ₹2,000cr
Haleon, the company behind popular sensitivity toothpaste Sensodyne, has announced its plan to invest £175 million (approximately ₹2,000 crore) in a new manufacturing facility in India, as per Mint.
India seeks inclusion in Bloomberg's global bond index
India is set to reapply for inclusion in major global bond indices, including the Bloomberg Global Aggregate Index.
Oil market will see oversupply after Hormuz reopening: Fitch Ratings
Fitch Ratings has predicted that the global oil market will return to oversupply after the reopening of the Strait of Hormuz.
'Make in Russia for India' model pitched for fertilizer JVs
India's Ambassador to Moscow, Vinay Kumar, has pitched the 'Making in Russia for India' model.
Will Rajesh Exports be dropped from Modi government's PLI scheme?
The Ministry of Heavy Industries (MHI) is considering removing Rajesh Exports from its production-linked incentive (PLI) scheme for advanced chemistry cell (ACC) battery storage.
Why Curefoods has delayed its ₹800cr IPO plan
Curefoods, a leading cloud kitchen platform, has decided to delay its ₹800 crore initial public offering (IPO) plan.
India will tackle Trump's Section 301 tariffs, says Piyush Goyal
Commerce and Industry Minister Piyush Goyal has downplayed concerns over the proposed 12.5% tariffs by the Trump administration on India and 53 other countries.
Why Nifty IT is down over 8% in 4 sessions
The Nifty IT index has witnessed a major slump, declining by 1.8% to 28,500 in morning trade today.
Why ATMs in small towns, cities are running dry
The Confederation of ATM Industry (CATMi) has warned that ATMs in tier 2 and tier 3 cities are facing severe cash shortages.
IndiGo unveils 2030 vision with 550-aircraft fleet
IndiGo parent InterGlobe Aviation Ltd has announced an ambitious growth strategy aimed at making it a key player in the global aviation sector by 2030.
Why gold and silver prices are falling today
Gold and silver prices have witnessed a decline in international markets today.
Airline profits to plunge 50% amid rising fuel costs
The International Air Transport Association (IATA) has revised its profit forecast for the global airline industry, predicting a sharp decline in profitability by 2026.
Sensex plunges over 750 points, Nifty50 falls below 23,150
India's benchmark indices, the Sensex and Nifty, opened sharply lower on Monday.
SpaceX IPO: How Indian investors can participate
Elon Musk's space exploration firm, SpaceX, is gearing up for its initial public offering (IPO).
South Korea halts trading as KOSPI index crashes over 8%
South Korea's benchmark stock index, the KOSPI, witnessed a major crash on Monday. The index plunged over 8%, triggering a circuit breaker and forcing a temporary halt in trading.
Oil prices jump over 3% as Iran-Israel tensions flare again
Oil prices witnessed a significant spike on Monday, amid rising tensions in the Middle East.
These US states plan to block Paramount's Warner Bros acquisition
California, New York, and other US states are preparing a lawsuit to block Paramount Skydance's $110 billion acquisition of Warner Bros, as per Reuters.
FPIs pull out ₹43,000cr from Indian equities in June
Foreign portfolio investors (FPIs) have withdrawn nearly ₹43,000 crore from Indian equities in the first week of June.
Why Tata Steel's £1.25B UK decarbonization project might be delayed
Tata Steel's ambitious £1.25 billion decarbonization project in the UK could be delayed by six to eight months.
Why Karnataka HC has fined BSNL over ₹55L
The Karnataka High Court has directed Bharat Sanchar Nigam Limited (BSNL) to pay over ₹55 lakh in compensation and damages.
Chinese companies get 8x more subsidies than Indian counterparts
A recent report by the Organisation for Economic Co-operation and Development (OECD) has revealed that Chinese companies received significantly more government support than their Indian counterparts between 2005 and 2024.
Will OPEC+ approve increase in oil output today?
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, are poised to approve a fourth consecutive increase in their oil output target.
Mainboard IPOs, SME listings to watch out for next week
The primary market is witnessing a revival, with strong demand for the IPOs of CMR Green Technologies and Hexagon Nutrition.
Top 7 Indian companies lost ₹1.25L crore last week
The combined market capitalization of seven out of the top 10 most valued companies in India fell by ₹1.25 lakh crore last week.
Why LIC is in talks with RBI and SEBI
The Life Insurance Corporation of India (LIC) is in talks with key financial regulators, including the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI).
Cooking gas in India cheaper than abroad, says Modi government
The Ministry of Petroleum and Natural Gas has said that Indian households pay much less for cooking gas than those in other countries.
Infra investment firm mulling India-focused fund with ₹5,000cr corpus
I Squared Capital (ISQ), a global infrastructure investment firm, is considering the establishment of an India-focused vehicle with a corpus of ₹4,000-5,000 crore, as per Mint.
Zepto to file IPO papers next week, seeks $1B
Zepto, a leading quick commerce start-up, is gearing up to file its updated draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) early next week, according to media reports.
Reliance Infra seeks review of surveillance norms for IBC firms
Reliance Infrastructure has urged the Securities and Exchange Board of India (SEBI), National Stock Exchange (NSE), and Bombay Stock Exchange (BSE) to review the surveillance framework for companies involved in Insolvency and Bankruptcy Code (IBC) cases.
Saudi Arabia eases property ownership rules for non-resident foreign firms
Saudi Arabia has announced new guidelines for non-resident foreign companies looking to own property in the Kingdom without having to set up or conduct economic activities.
Finnair in talks with SpaceX, Amazon for inflight Wi-Fi
Finnair, the flag carrier of Finland, is in talks with SpaceX's Starlink and Amazon's Leo to provide inflight Wi-Fi services on its planes.
India to drive nearly half of global oil demand growth
Igor Sechin, the CEO of Russian oil giant Rosneft, has predicted that India will account for nearly half of the global increase in oil demand over the next decade.
LG Chairman grills dinner for NVIDIA CEO in viral video
A casual dinner between some of the biggest names in global technology has gone viral.
Nestle India's royalty payment to parent company jumps 14%
Nestle India has reported a whopping 14.2% increase in its sales revenue for the fiscal year ending March 2026. The company's revenue surged to ₹23,071.46 crore during this period.
India's GDP growth may slow to 6.5% in FY27
India's economic growth is expected to slow down to around 6.5% in the fiscal year 2027 (FY27), according to research reports from brokerage firms Dolat Capital and ICICI Global Markets.
AI now top reason for layoffs in US
A recent report by Challenger, Gray & Christmas has revealed that artificial intelligence (AI) is the top reason for job cuts in the US this year.