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CBI conducts raids in ₹661cr Haryana bank fraud case

The Central Bureau of Investigation (CBI) has conducted raids at six locations in Chandigarh, Panchkula, and Delhi-NCR.

07 Jun 2026
TL;DR

I Squared Capital explores ₹4,000cr-₹5,000cr India fund with Indian co-investors

I Squared Capital plans an India-focused vehicle with a ₹4,000-5,000 crore corpus, targeting transport, energy transition, digital, and environmental infrastructure sectors.

07 Jun 2026
TL;DR

CrowdStrike CEO George Kurtz warns of AI enabled hacking risks

CrowdStrike CEO George Kurtz cautions that unchecked AI spending accelerates security vulnerabilities, likening its disruptive speed to the transformative impact of the iPhone.

07 Jun 2026
TL;DR

AI job losses in US through May surpass 2024-25 combined

AI-driven layoffs in the US have surged, with 2026 figures already surpassing the combined totals of 2024 and 2025. The technology sector faces the brunt of these job cuts.

07 Jun 2026
TL;DR

CBI raids 6 sites in ₹661cr probe into government funds

The CBI conducted searches across six locations, uncovering alleged misappropriation of ₹661 crore involving Haryana government departments and Chandigarh administration officials.

07 Jun 2026
TL;DR

Nestle India paid ₹1,024.5cr royalties to Swiss parent in FY26

Nestle India paid ₹1,024.5 crore in royalties to its parent firm Société des Produits Nestlé S.A. in FY26, marking a 13.91% increase from the previous year.

07 Jun 2026
TL;DR

Willie Walsh warns jet fuel, Middle East conflict threaten airlines

Rising jet fuel prices, driven by the Middle East conflict, are pushing airlines toward financial strain, with bankruptcies and mergers expected to reshape the industry, says IATA.

07 Jun 2026
TL;DR

India's May 2026 LNG imports rebound, US supplies 41%

India's LNG imports rebounded to pre-war levels in May, with the US emerging as the largest supplier, accounting for 41% of total imports amid disruptions from Qatar and UAE.

07 Jun 2026
TL;DR

Illinois pauses data center tax incentives avoiding utility bill increases

Governor JB Pritzker halted state tax incentives for data centers after legislative delays in addressing their energy costs, sparking opposition from unions and industry groups.

07 Jun 2026
TL;DR

Delhi 14.2kg LPG rises to ₹942 after ₹29 increase

The price of a 14.2-kg domestic LPG cylinder in Delhi has been increased to Rs 942, marking the second hike in three months amid rising global energy costs.

06 Jun 2026
IIT Madras

CBSE retains COEMPT for answer sheet scanning amid evaluation concerns

The Central Board of Secondary Education (CBSE) has decided to continue its partnership with Hyderabad-based COEMPT Eduteck for scanning answer sheets.

Zee Entertainment board to consider fundraising proposal next week

Zee Entertainment Enterprises Limited (ZEEL) has announced that its Board of Directors will meet on June 10, 2026.

06 Jun 2026
KPMG

IDFC Bank's Chandigarh fraud was an isolated incident: KPMG

A forensic review by KPMG has confirmed that the ₹646 crore fraud at IDFC First Bank's Chandigarh branch was an isolated incident.

06 Jun 2026
Indian Government

Edible oil will now be sold in standard pack sizes

The Indian government has reintroduced standard pack sizes for major edible oils.

You can soon catch a Scandinavian Airlines flight from India

Scandinavian Airlines (SAS) has announced its intention to start operations in India.

When will EPFO's 8.25% interest reflect in your account?

The Employees' Provident Fund Organisation (EPFO) has announced an interest rate of 8.25% for the financial year 2025-26.

06 Jun 2026
Gautam Adani

Gautam Adani is Asia's richest person again

Industrialist Gautam Adani has reclaimed his spot as Asia's richest person after a surge in the shares of his conglomerate, the Adani Group.

06 Jun 2026
Canara Bank

Why RBI has imposed ₹41.8L fine on Canara Bank

The Reserve Bank of India (RBI) has imposed a penalty of ₹41.8 lakh on Canara Bank for violating Know Your Customer (KYC) norms and account classification errors.

06 Jun 2026
Adani Group

SBI Mutual Fund buys Adani Group stocks worth ₹5,747cr

SBI Mutual Fund has acquired stakes in two major companies of the Adani Group, namely Adani Enterprises and Adani Energy Solutions.

06 Jun 2026
Narendra Modi

8th Pay Commission: Fitment factors, salaries likely to rise significantly

The 8th Pay Commission, set up by Prime Minister Narendra Modi last year, is currently conducting multiple state visits and meetings with employee representative groups, unions and stakeholders.

Chinese memory chip makers emerging as rivals to global giants

Chinese memory chip manufacturers are emerging as formidable competitors to global semiconductor giants, according to Jefferies's latest GREED & fear report.

06 Jun 2026
Google

Meta explores stock sale to help fund growing AI ambitions

Meta, the parent company of Facebook and Instagram, is considering a major stock sale to raise funds for its artificial intelligence (AI) initiatives.

06 Jun 2026
Startups

Ixigo to acquire majority stake in hotel booking start-up Brevistay

Le Travenues Technology, the parent company of online travel platform Ixigo, has approved the acquisition of a 54.66% stake in hotel booking start-up Brevistay Hospitality for ₹65.69 crore.

06 Jun 2026
Anthropic

Apollo, Blackstone secure $35B debt package for Anthropic

Apollo Global Management and Blackstone have secured a massive $35 billion financing package for Anthropic PBC. The move is aimed at bolstering Anthropic's artificial intelligence (AI) infrastructure.

06 Jun 2026
Reserve Bank Of India (RBI)

RBI appoints Sahamati as self-regulatory body for Account Aggregator ecosystem

The Reserve Bank of India (RBI) has appointed Sahamati as the Self-Regulatory Organisation (SRO) for India's Account Aggregator (AA) ecosystem.

06 Jun 2026
ChatGPT

Reid Hoffman exits Microsoft board to focus on AI start-up

Reid Hoffman, the co-founder of LinkedIn and a prominent venture capitalist, is leaving Microsoft's board of directors.

06 Jun 2026
Australia

IBM allegedly covered up major data breaches, lawsuit claims

William Barlow, a former vice president of threat intelligence at IBM, has accused the tech giant of covering up three major data breaches in the last decade.

06 Jun 2026
Personal Finance

Gold sees biggest fall in 2 months: What's the reason?

Gold prices have witnessed their biggest fall in over two months, falling as much as 3.4%.

06 Jun 2026
Europe

EU might force firms to have at least 3 suppliers

The European Commission is considering new legislation aimed at reducing dependence on single suppliers, especially from China.

06 Jun 2026
Stock Market

Amid AI boom, chipmaker Marvell to join S&P 500 index

Marvell Technology, a leading semiconductor company, will be joining the S&P 500 index later this month.

06 Jun 2026
Bitcoin

Bitcoin drops below $60,000 mark: Here we decode why

Bitcoin, the world's largest cryptocurrency, has fallen below the $60,000 mark for the first time since October 2024.

05 Jun 2026
Narendra Modi

'Just a number': PM's economic adviser downplays rupee-at-100 panic

Shamika Ravi, a member of the Economic Advisory Council to Prime Minister Narendra Modi, has downplayed fears of the Indian rupee falling to 100 against the US dollar.

05 Jun 2026
Reserve Bank Of India (RBI)

India's GDP growth slows to 7.8% in Q4

India's economy grew by 7.8% in the fourth quarter (Q4) of the fiscal year 2026, down from the previous quarter's growth rate of 8%.

05 Jun 2026
Reserve Bank Of India (RBI)

RBI says ready for Anthropic's Mythos AI rollout

The Reserve Bank of India (RBI) has announced its readiness to handle Anthropic's latest advanced artificial intelligence (AI) model, Mythos.

05 Jun 2026
Reserve Bank Of India (RBI)

RBI takes major steps to boost rupee, attract foreign capital

The Reserve Bank of India (RBI) has announced five major measures to attract foreign capital and bolster the Indian rupee.

05 Jun 2026
Indian Government

Centre raises spending powers of military chiefs

In a major move, the Indian government has increased the financial powers of military commanders and service chiefs.

Tata Sons IPO uncertain as RBI reviews upper-layer NBFC list

The initial public offering (IPO) of Tata Sons remains uncertain as Reserve Bank of India (RBI) Governor Sanjay Malhotra has announced plans to revise the list of upper-layer non-banking financial companies (NBFCs).

05 Jun 2026
Indian Government

India considers easing bilateral investment rules to attract more investors

In a bid to attract more foreign investment, the Indian government is considering changes to its bilateral investment treaty (BIT) framework.

05 Jun 2026
Reserve Bank Of India (RBI)

RBI lowers GDP growth forecast for FY27 to 6.6%

The Reserve Bank of India (RBI) has revised its GDP growth forecast for the fiscal year 2026-27 (FY27) from 6.9% to 6.6%.

05 Jun 2026
Google

Google lays off employees in cloud and cybersecurity divisions

Google has laid off employees from its Cloud division and key cyber teams. The move comes as part of the ongoing tech sector layoffs as companies balance AI spending with headcount.

05 Jun 2026
Reserve Bank Of India (RBI)

RBI eases investment norms for foreign investors to boost participation

The Reserve Bank of India (RBI) has announced a major policy change, removing concentration limits under the General Route for Foreign Portfolio Investors (FPIs).

05 Jun 2026
App Store

Apple App Store generated $1.4 trillion in developer sales, billings

Apple has announced that its App Store generated over $1.4 trillion in developer billings and sales in 2025, a slight increase from the $1.3 trillion reported last year.

05 Jun 2026
Indian Government

India exempts foreign investors from tax on government securities

The Indian government has issued the Income-tax (Amendment) Ordinance, 2026, offering tax relief to foreign institutional investors (FIIs) on interest income and capital gains from investments in government securities.

05 Jun 2026
Reserve Bank Of India (RBI)

RBI pauses rate cuts: What it means for borrowers, savers

The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 5.25% for the second consecutive policy meeting.

05 Jun 2026
Monetary Policy Committee

India's forex reserves remain above $680B: RBI Governor

India's foreign exchange reserves stood at a robust $682.3 billion on May 29, RBI Governor Sanjay Malhotra announced during the Monetary Policy Committee meeting on Friday.

05 Jun 2026
Reserve Bank Of India (RBI)

RBI raises inflation forecast for FY27 to 5.1%

The Reserve Bank of India (RBI) has revised its inflation forecast for the fiscal year 2026-27, projecting consumer price inflation (CPI) at 5.1%.

05 Jun 2026
Reserve Bank Of India (RBI)

RBI raises investment limits for NRIs in Indian equities

The Reserve Bank of India (RBI) has raised the investment limits for Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) in equity instruments on stock exchanges.

05 Jun 2026
Repo Rate

RBI's repo rate pause keeps home loan EMIs unchanged

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.25%.

05 Jun 2026
Inflation

RBI holds repo rate at 5.25% for 3rd consecutive time

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has kept the benchmark repo rate steady at 5.25% in its June review.

05 Jun 2026
IndusInd Bank

PwC finds ₹2,200cr hole in IndusInd treasury accounts

A confidential review by PricewaterhouseCoopers (PwC) has flagged serious accounting lapses in IndusInd Bank's treasury operations.

05 Jun 2026
Bitcoin

Why crypto bros are dumping Bitcoin

Bitcoin is facing a major sell-off at the start of June, with the cryptocurrency down 13% this week.

04 Jun 2026
Dawood Ibrahim

'Dawood's assassination attempts, son's kidnapping': Lalit Modi on quitting cricket

Former Indian Premier League (IPL) commissioner and chairman, Lalit Modi, has revealed the reasons behind his exit from the sport.

04 Jun 2026
Cognizant

Indian IT firms tap GCCs for AI deals

India's leading IT services companies, including Infosys, Cognizant, HCLTech and Hexaware Technologies are focusing on Global Capability Centers (GCC) to meet the growing demand for artificial intelligence (AI) solutions.