June 2026

June 2026

Mutual fund folios hit 27.39 crore as retail investors keep equity schemes firmly in focus

Mutual fund folios hit 27.39 crore as retail investors keep equity schemes firmly in focus

India's mutual fund industry continued to witness strong participation from retail investors during the financial year 2025-26, with equity…

EPFO 3.0 brings instant PF withdrawals through UPI and ATMs with faster digital claim settlement

EPFO 3.0 brings instant PF withdrawals through UPI and ATMs with faster digital claim settlement

The Employees' Provident Fund Organisation (EPFO) is preparing to roll out a major digital transformation under its upcoming EPFO 3.0 platf…

Meta eyes affluent Indian consumers with major CRED investment to strengthen its digital payments ecosystem strategy

Meta eyes affluent Indian consumers with major CRED investment to strengthen its digital payments ecosystem strategy

Meta is preparing to make one of its biggest strategic bets in India's fintech ecosystem by investing nearly $900 million (around Rs 8,500 …

SpaceX’s last gamble turns Elon Musk into the world’s first trillionaire on his 55th birthday

SpaceX’s last gamble turns Elon Musk into the world’s first trillionaire on his 55th birthday

In 2008, when the global financial crisis had shaken markets and billion-dollar companies were collapsing, Elon Musk found himself on the b…

British American Tobacco plans 9,000 job cuts this year as AI drive reshapes global cigarette business

British American Tobacco plans 9,000 job cuts this year as AI drive reshapes global cigarette business

British American Tobacco (BAT), one of the world's largest tobacco companies, has announced plans to cut around 9,000 jobs this year as par…

Dairy drinks overtakes soft drinks, redefines Rs 1.1 lakh crore beverages market

Dairy drinks overtakes soft drinks, redefines Rs 1.1 lakh crore beverages market

India’s record-breaking summer this year is reshaping the country’s Rs 1.1 lakh crore soft drinks market, with traditional dairy beverages …

June-quarter home sales hit lowest level since January 2023 as global uncertainties dampen buyer confidence

June-quarter home sales hit lowest level since January 2023 as global uncertainties dampen buyer confidence

Residential housing sales across India's top seven cities dropped to their lowest level since January 2023 during the April-June quarter, a…

Data must stay within India as telecom reforms end licence raj and simplify approvals nationwide

Data must stay within India as telecom reforms end licence raj and simplify approvals nationwide

The Centre has rolled out a major overhaul of India's telecom regulatory framework, making it mandatory for telecom operators to store all …

China’s robot delivery push threatens 700,000 jobs as JD.com plans fully automated future logistics network

China’s robot delivery push threatens 700,000 jobs as JD.com plans fully automated future logistics network

China's rapid push towards automation could reshape one of the country's largest employment sectors after e-commerce giant JD.com indicated…

Apple raises iPad and MacBook prices as AI-driven chip costs push device prices sharply higher worldwide

Apple raises iPad and MacBook prices as AI-driven chip costs push device prices sharply higher worldwide

Apple has increased the prices of several iPad and MacBook models after a sharp rise in memory and storage chip costs triggered by the glob…

Nirav Modi must repay Rs 108 crore to Bank of India as London High Court upholds personal guarantee

Nirav Modi must repay Rs 108 crore to Bank of India as London High Court upholds personal guarantee

Fugitive diamond trader Nirav Modi has suffered another legal setback after the London High Court directed him to pay 11.5 million dollars,…

US judge refuses immediate dismissal of Adani case, seeks detailed explanation from Justice Department first

US judge refuses immediate dismissal of Adani case, seeks detailed explanation from Justice Department first

A US federal judge has declined to immediately dismiss the criminal case against Indian billionaire Gautam Adani, directing the US Departme…

Passport fees rise from July 1: Fresh applications, Tatkal services and replacement charges become significantly costlier

Passport fees rise from July 1: Fresh applications, Tatkal services and replacement charges become significantly costlier

The cost of getting a passport or renewing an existing one will increase from July 1 after the Central Government revised passport applicat…

Ram temple land deals under scanner as SIT probes alleged nepotism and financial irregularities

Ram temple land deals under scanner as SIT probes alleged nepotism and financial irregularities

Fresh findings from the Special Investigation Team (SIT) probing alleged irregularities linked to the Ram Temple in Ayodhya have reportedly…

Amazon announces ₹1.23 lakh crore India investment to expand AI infrastructure and create 3.8 million jobs by 2030

Amazon announces ₹1.23 lakh crore India investment to expand AI infrastructure and create 3.8 million jobs by 2030

Amazon has announced a fresh investment of $13 billion, or nearly ₹1.23 lakh crore, in India to strengthen its artificial intelligence (AI)…

Green homes cost up to 4% more but cut power and water bills, making long-term ownership cheaper

Green homes cost up to 4% more but cut power and water bills, making long-term ownership cheaper

Homebuyers in India are no longer choosing a property only on the basis of location, price and amenities...

Airfares may rise up to 25% as jet fuel costs surge amid global supply disruptions: McKinsey report warns

Airfares may rise up to 25% as jet fuel costs surge amid global supply disruptions: McKinsey report warns

Air travel could become significantly more expensive in the coming months, with airfares likely to rise by as much as 25% as airlines grapp…

Crude oil returns to pre-war level as petrol and diesel price relief may arrive around Dussehra

Crude oil returns to pre-war level as petrol and diesel price relief may arrive around Dussehra

Global crude oil prices have slipped back to the level seen before the Iran conflict, raising hopes of cheaper fuel in India...

India’s Net Direct Tax Collections Climb to Rs 5.21-lakh-cr till June 17

India’s Net Direct Tax Collections Climb to Rs 5.21-lakh-cr till June 17

India’s net direct tax collections climbed up sharply in the first few months of this fiscal (FY 27). This is a strong indication of steady…

FSSAI cracks down on 14 food brands, seeks replies over misleading labels and claims

FSSAI cracks down on 14 food brands, seeks replies over misleading labels and claims

The Food Safety and Standards Authority of India (FSSAI) has issued notices to 14 food brands over alleged misleading claims, labelling vio…

Reliance shares jump after AGM as brokerages see Jio IPO, AI and energy bets driving growth

Reliance shares jump after AGM as brokerages see Jio IPO, AI and energy bets driving growth

Reliance Industries shares rose more than 2% during Monday’s trade, touching around ₹1,345, as investors reacted positively to the company’…

AI influencers quietly enter advertising as brands hide synthetic endorsements from consumers worldwide

AI influencers quietly enter advertising as brands hide synthetic endorsements from consumers worldwide

Social media users watching a model praise a product may no longer be looking at a real person...

PhonePe introduces quarterly maintenance fee on inactive wallets after one year of non-usage

PhonePe introduces quarterly maintenance fee on inactive wallets after one year of non-usage

Digital payments platform PhonePe is preparing to levy a maintenance charge on inactive wallet accounts, a move that has triggered widespre…

8th Pay Commission terms approved: Basic pay may touch ₹45,000, benefiting 1.24 crore employees

8th Pay Commission terms approved: Basic pay may touch ₹45,000, benefiting 1.24 crore employees

The Centre has approved the Terms of Reference (ToR) for the 8th Pay Commission, setting the stage for a major revision in salaries, pensio…

Income tax return filing begins for FY26 as taxpayers get key compliance checklist

Income tax return filing begins for FY26 as taxpayers get key compliance checklist

The Income Tax Return (ITR) filing process for financial year 2025-26 has begun, and taxpayers are being advised to complete the exercise c…

New emergency oil reserve to boost India’s energy security amid global supply disruptions

New emergency oil reserve to boost India’s energy security amid global supply disruptions

The Centre has decided to build a new strategic emergency oil reserve in the aftermath of the oil supply concerns witnessed during the rece…

Retail inflation rises for fifth straight month, nears RBI target as food prices climb

Retail inflation rises for fifth straight month, nears RBI target as food prices climb

The steady rise in retail inflation has once again put price pressures in focus, with the Consumer Price Index (CPI)-based inflation rate c…

Sebi simplifies share transfer rules, making inheritance claims faster and paperwork-free for investors

Sebi simplifies share transfer rules, making inheritance claims faster and paperwork-free for investors

The Securities and Exchange Board of India (SEBI) has significantly eased the process of transferring shares and bonds of deceased investor…

Jio IPO set to become India’s biggest public issue as Reliance unveils expansion roadmap

Jio IPO set to become India’s biggest public issue as Reliance unveils expansion roadmap

Reliance Industries Chairman Mukesh Ambani has unveiled an ambitious growth roadmap for the conglomerate, announcing that Jio Platforms has…

EPF interest rate stays at 8.25% for third year as government clears payout process

EPF interest rate stays at 8.25% for third year as government clears payout process

More than seven crore salaried employees across India are set to receive 8.25% interest on their Employees’ Provident Fund (EPF) deposits f…

Dubai property discounts attract wealthy investors as tax-free benefits and golden visa drive demand

Dubai property discounts attract wealthy investors as tax-free benefits and golden visa drive demand

Dubai’s residential property market is presenting an unusual picture amid ongoing geopolitical tensions in West Asia...

NSE launches 11 new sectoral indices, expanding Nifty basket to strengthen market tracking

NSE launches 11 new sectoral indices, expanding Nifty basket to strengthen market tracking

In a significant move aimed at deepening market representation and supporting India's fast-growing passive investment ecosystem, NSE Indice…

Millionaire migration reaches record high as 165,000 wealthy individuals prepare to leave home countries globally

Millionaire migration reaches record high as 165,000 wealthy individuals prepare to leave home countries globally

A record 165,000 millionaires are expected to migrate to other countries in 2026, highlighting a dramatic shift in how the world's wealthy …

US-Iran peace deal cools oil prices as global stocks rally on easing conflict fears

US-Iran peace deal cools oil prices as global stocks rally on easing conflict fears

The announcement of a peace agreement between the United States and Iran has sparked a wave of optimism across global financial markets, se…

AI reshapes jobs landscape as companies prioritise hybrid skills and practical expertise by 2030

AI reshapes jobs landscape as companies prioritise hybrid skills and practical expertise by 2030

Artificial Intelligence is rapidly changing the employment landscape across India, with experts warning that traditional degrees alone may …

India’s Exports Climb 18 pc in May to USD 45.2-bn

India’s Exports Climb 18 pc in May to USD 45.2-bn

The country’s exports climbed up to a six-month high of 18 per cent in May this year to USD 45.2-billion...

Will the Tax on Cryptocurrency Be Reduced in Budget 2025? Here’s What Experts Say

Will the Tax on Cryptocurrency Be Reduced in Budget 2025? Here’s What Experts Say

As the Union Budget 2025 nears, the cryptocurrency industry in India is hopeful for progressive reforms...

SEBI clears Pranav Adani in Adani Green insider trading case over SB Energy acquisition

SEBI clears Pranav Adani in Adani Green insider trading case over SB Energy acquisition

Market regulator SEBI has given a clean chit to Pranav Adani and two of his relatives in an insider trading case linked to Adani Green Ener…

Elon Musk crosses $1 trillion net worth mark after SpaceX IPO, richer than 174 nations by GDP

Elon Musk crosses $1 trillion net worth mark after SpaceX IPO, richer than 174 nations by GDP

The world witnessed a financial milestone on June 11, 2026, as Elon Musk became the first person in history to cross the $1 trillion net wo…

Sensex surges 1,695 points on Iran-US peace hopes, Nifty jumps sharply amid buying spree

Sensex surges 1,695 points on Iran-US peace hopes, Nifty jumps sharply amid buying spree

Indian equity markets staged a spectacular rebound on Friday as investor sentiment improved sharply on reports of a possible peace agreemen…

Diesel sales capped at 200 litres daily as Centre blocks bulk fuel buying at retail pumps

Diesel sales capped at 200 litres daily as Centre blocks bulk fuel buying at retail pumps

The Centre has capped diesel purchases at 200 litres per customer per day and barred industrial and commercial users from buying fuel at re…

Inflation nears RBI target after five months as food, transport costs push prices higher

Inflation nears RBI target after five months as food, transport costs push prices higher

Retail inflation in India moved closer to the Reserve Bank of India’s medium-term target of 4% in May, signalling a fresh rise in price pre…

World Cup set to feature billionaire footballers for first time as Ronaldo and Messi lead rich list

World Cup set to feature billionaire footballers for first time as Ronaldo and Messi lead rich list

The 2026 FIFA World Cup is set to create history even before a ball is kicked...

India’s CEA Says Country Can Be Back on 7 pc Growth Path by FY 28

India’s CEA Says Country Can Be Back on 7 pc Growth Path by FY 28

India can be back on the seven per cent growth path by FY 28 on the back of macro-stability and supply measures, the country’s Chief Econom…

Fitch cuts India’s FY27 growth forecast to 6.4% amid oil shock and inflation concerns

Fitch cuts India’s FY27 growth forecast to 6.4% amid oil shock and inflation concerns

India’s economic growth is expected to slow in the current financial year as global uncertainties triggered by the US-Iran conflict begin t…

Government caps Ujjwala subsidy benefit to four LPG cylinders as global gas prices surge

Government caps Ujjwala subsidy benefit to four LPG cylinders as global gas prices surge

The government has decided to limit the additional ₹300 subsidy under the Pradhan Mantri Ujjwala Yojana (PMUY) to only the first four LPG c…

US expands military-linked blacklist, adds over 100 Chinese firms amid rising strategic tensions

US expands military-linked blacklist, adds over 100 Chinese firms amid rising strategic tensions

The United States has significantly expanded its list of companies allegedly linked to China’s military establishment, placing more than 10…

Record vehicle sales cross 2.53 million in May month as EV share rises beyond 11%

Record vehicle sales cross 2.53 million in May month as EV share rises beyond 11%

The Indian automobile market continued to defy global uncertainty, posting its strongest-ever retail sales performance in May despite the o…

Reliance-Meta partnership brings India’s first AI-enabled data centre to Jamnagar

Reliance-Meta partnership brings India’s first AI-enabled data centre to Jamnagar

Meta has joined hands with Reliance Industries to build its first AI-enabled data centre in India, marking one of the country’s biggest dig…

Manufacturing Leads Growth as India’s IIP Rises 4.9 Per Cent in April

Manufacturing Leads Growth as India’s IIP Rises 4.9 Per Cent in April

India’s Index of Industrial Production (IIP) growth stood at 4.9 per cent in April of this year (2026) while in the year-ago period, indust…

Rajesh Exports tumbles after Sebi action, promoter Rajesh Mehta barred amid suspected revenue inflation

Rajesh Exports tumbles after Sebi action, promoter Rajesh Mehta barred amid suspected revenue inflation

A sharp regulatory action by the Securities and Exchange Board of India (Sebi) has triggered fresh concerns around one of India's best-know…

TikTok co-founder Zhang Yiming overtakes Mukesh Ambani in Asia wealth rankings

TikTok co-founder Zhang Yiming overtakes Mukesh Ambani in Asia wealth rankings

A rapid surge in the value of ByteDance, the parent company of TikTok, has propelled co-founder Zhang Yiming past Mukesh Ambani to become A…

Japan tightens visa rules for foreign firms: Nearly 5,000 Indian restaurants face closure as investment threshold jumps sixfold

Japan tightens visa rules for foreign firms: Nearly 5,000 Indian restaurants face closure as investment threshold jumps sixfold

A sweeping change in Japan’s immigration and business visa rules has pushed thousands of Indian restaurants towards an uncertain future...

US forced labour probe puts India under pressure: Extra tariff of up to 12.5% may hit exports as trade talks continue

US forced labour probe puts India under pressure: Extra tariff of up to 12.5% may hit exports as trade talks continue

Washington has proposed additional tariffs of up to 12.5% on imports from India and dozens of other economies after accusing them of failin…

Fashion sales slump despite market growth; Brands advance July discounts to revive consumer demand

Fashion sales slump despite market growth; Brands advance July discounts to revive consumer demand

Fashion retailers across India are rolling out aggressive discounts weeks ahead of schedule as slowing consumer demand forces brands to ret…