Business News

Washington, D.C., Wednesday, 3 June 2026 The global trade landscape just received a major jolt. Right as India and the United States were making historic headways toward a smooth interim trade agreement framework, the U.S. Trade Representative (USTR) dropped a bombshell announcement. The Trump administration is laying the groundwork for …

New Delhi. Wednesday, 3 June 2026 A widespread claim circulating across social media platforms has sparked intense speculation, alleging that the Reserve Bank of India (RBI) quietly sold off approximately USD 12 billion worth of its gold reserves. Online posts frequently cited a misinterpretation of a recent financial report to …

New Delhi. Tuesday, 2 June 2026 In a significant regulatory development, India’s financial watchdog, the Enforcement Directorate (ED), initiated sweeping search operations at multiple corporate offices of the billionaire Anil Agarwal-led multinational mining giant, Vedanta Group. The multi-city searches, which commenced on Monday and continued into Tuesday, targeted prominent corporate …

Mumbai. Tuesday, 2 June 2026 Geopolitical ripples hit the Indian stock market on Tuesday as news broke that Russia is extending its ban on jet fuel (Aviation Turbine Fuel) exports until November 2026. Domestic airline heavyweights like InterGlobe Aviation (IndiGo) and SpiceJet immediately faced selling pressure, leaving investors worried about …

Mumbai. Tuesday, 2 June 2026 India’s premier two-wheeler manufacturer, Hero MotoCorp, has forcefully reinforced its market-leading position by dropping its sales scorecard for May 2026. Recording widespread traction across both regional commuter belts and overseas emerging markets, the automotive giant registered an impressive 12.28% year-on-year (YoY) overall volume jump. According …

Mumbai. Tuesday, 2 June 2026 A massive strategic shift is unfolding at the highest levels of the Tata Group. Maya Tata, the 37-year-old daughter of Tata Trusts Chairman Noel Tata, is reportedly exploring opportunities outside of Tata Digital. Insiders indicate that she is evaluating positions across other prominent Tata verticals, …

Mumbai. Tuesday, 2 June 2026 The tectonic plates of Indian venture capital are shifting dramatically. Japan’s largest financial powerhouse, Mitsubishi UFJ Financial Group (MUFG), is structuring a new $250 million India-focused venture fund. This vehicle is explicitly designed to back early- and growth-stage startups, with an integrated green-shoe option to …

Mumbai. Tuesday, 2 June 2026 The latest petroleum consumption data from India’s energy sector presents a fascinating paradox. During May 2026, household Liquefied Petroleum Gas (LPG) sales registered a steep 24% year-on-year drop. Conversely, transport and commercial fuels continued an aggressive upward trajectory, with diesel rising by 6.4%, petrol increasing …

London. Tuesday, 2 June 2026 The economic corridor between India and the United Kingdom has shifted into high gear. According to the freshly released India Meets Britain Tracker 2026 report—published by Grant Thornton UK in collaboration with the Confederation of Indian Industry (CII) and the India Global Forum (IGF)—Indian firms …

New Delhi. Monday, 1 June 2026 The Government of India has issued an urgent public advisory warning citizens about an aggressive online phishing campaign. Cybercriminals are using deceptive email accounts to distribute fraudulent fake LPG dealership offers, tricking individuals into identity theft and massive financial fraud. According to official advisories …