Business News

Mumbai. Sunday, 7 June 2026 The domestic precious metals market is bracing for a highly calculated, range-bound trading week. Market analysts predict that both gold and silver will experience persistent volatility, caught in a crosscurrent of shifting macroeconomic data, central bank policy directions, and lingering geopolitical developments. Following a series …

Hyderabad, 5th June 2026: The 9th edition of the World Bicycle Day Mega Cycling Events will be held on Sunday, 7 June 2026, being jointly organised by SmartBike Mobility Pvt. Ltd., India’s largest Public Bike Sharing company, and the Hyderabad Bicycling Club (HBC), the world’s largest cycling club online, in association with World Cycling Alliance Brussels. For …

Mumbai. Saturday, 6 June 2026 In a firm move to ensure banking compliance and protect consumer interests, the Reserve Bank of India (RBI) has imposed a monetary penalty of ₹41.8 lakh on public sector lender Canara Bank. Announced on June 5, 2026, the enforcement action highlights strict oversight regarding Know …

Mumbai. Saturday, 6 June 2026 State-owned Maharatna oil and gas major, Oil India Limited (OIL), has officially announced its second consecutive natural gas discovery in the highly anticipated Andaman offshore region. The landmark breakthrough occurred at the Vijaypuram-3 exploratory well, significantly raising expectations that the frontier Andaman basin will evolve …

Mumbai. Saturday, 6 June 2026 The Indian public sector is witnessing an unprecedented policy shift. In a historic first, the government has served a strict one-year notice to two engineering and industrial titans: Bharat Heavy Electricals Limited (BHEL) and Steel Authority of India Limited (SAIL). Both companies have been formally …

Mumbai. Friday, 5 June 2026 The Indian equity benchmarks ended a volatile trading week on a muted note on Friday, June 5, 2026. Investors closely parsed the Reserve Bank of India’s (RBI) monetary policy outcomes, leading to an initial rally that quickly dissolved into weekend profit booking. Persistent global macroeconomic …

Mumbai. Friday, 5 June 2026 The storied ecosystem of the Tata Group—one of India’s most respected philanthropic and industrial empires—finds itself under the media spotlight. A fresh complaint filed before the Maharashtra Charity Commissioner has raised questions regarding a transaction that occurred nearly four decades ago: the 1989 transfer of …

New Delhi. Friday, 5 June 2026 The Reserve Bank of India (RBI) just rewrote the playbook for foreign capital inflows. Following the June 2026 Monetary Policy Committee (MPC) meeting, RBI Governor Sanjay Malhotra rolled out a sweeping set of financial measures designed to cut red tape, stabilize the Indian Rupee …

New Delhi. Friday, 5 June 2026 In a decisive geopolitical move to protect the future of clean energy and high-tech manufacturing, India and the United Kingdom have officially launched the Global Supply Chain Observatory for Critical Minerals (GSCO). Announced in New Delhi by India’s Union Minister for Coal and Mines, …

Mumbai. Friday, 5 June 2026 The Indian economy has closed out the financial year 2025-26 on an exceptionally high note. According to the latest structural dataset released by the Ministry of Statistics and Programme Implementation (MoSPI), India GDP growth FY26 accelerated to a remarkable 7.7%, stepping up from the 7.1% …