The Indian central government has reduced its total expenditure by approximately 60,000 crore in FY26, below its revised estimate, to successfully achieve the fiscal deficit target of 4.4 per cent of gross domestic product (GDP), according to the latest data from the Controller General of Accounts (CGA).
Mamata Banerjee's Trinamool Congress is grappling with an unprecedented political crisis following its recent electoral defeat, which has seen a significant number of its legislators openly challenging her authority and forming a rebel faction.
Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.
Credit card transactions in India have surged over 2.6 times between 2021 and 2025, reaching 570 crore volumes and Rs 23.2 lakh crore in value, with private sector banks significantly increasing their market share, according to a recent RBI report.
'This is a major rupture in Tamil Nadu's political order.' 'For the Dravidian parties, the message is clear: The old DMK-AIADMK binary is no longer guaranteed a future.'
API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.
The BJP's landslide victory in West Bengal has not merely redrawn the electoral map but overturned the operating logic of politics in the state, breaching the TMC's entrenched fortress despite a decade-and-a-half of dominance, minority consolidation, and a sustained "outsider" narrative.
Bharat Forge reported modest Q4FY26 results but provided strong guidance, anticipating significant growth from its defence, aerospace, and data centre segments, with a projected 25 per cent revenue growth in Indian manufacturing for FY27, despite current high valuations.
Businessman Robert Vadra unconditionally withdrew his petition in the Delhi High Court challenging a trial court order that summoned him in a money laundering case linked to a land deal in Haryana's Shikohpur.
Businessman Robert Vadra has approached the Delhi High Court to challenge a trial court's decision to summon him in connection with a money laundering case related to a land deal in Shikohpur, Haryana.
Biocon is actively seeking in-licensing opportunities to expand its biosimilars portfolio, focusing on products that complement existing therapy areas, as the company shifts to a 'consolidate' phase with a strong emphasis on improving capacity utilisation, expanding margins, and driving return on capital employed.
A significant 7.87 per cent increase in the BJP's vote share in West Bengal, reaching 45.84 per cent, propelled the party to secure an additional 130 assembly seats, bringing their total to 207, while the Trinamool Congress experienced a 7.22 per cent decline, losing 135 seats and falling to 80.
ITC reported a 6.1 per cent year-on-year growth in its consolidated adjusted net profit from continuing operations, reaching ~5,469.74 crore in the January-March quarter (Q4FY26), primarily fuelled by strong performances in its cigarettes and non-cigarette fast-moving consumer goods (FMCG) businesses.
Coforge believes that the rapid adoption of AI is disrupting the traditional labour model but also creating new high-margin opportunities in the IT services industry.
Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.
Siddaramaiah, a veteran politician with roots in the Janata Parivar, has had a remarkable journey, consolidating his position in the Congress party to become the longest-serving Chief Minister of Karnataka.
Magnus Carlsen defeated D Gukesh at the Norway Chess tournament, while R Praggnanandhaa secured second place after beating Vincent Keymer. In the women's event, Divya Deshmukh lost to Anna Muzychuk, and Koneru Humpy continued to struggle.
The 2026 election appears to have reinforced a new political formula in Assam: Strong organisation, continuous grassroots engagement, effective alliance management and welfare-based voter outreach.
Mukesh Ambani, Asia's second richest man, has not drawn a salary from Reliance Industries for the sixth consecutive year, with dividends from his extensive shareholdings serving as his primary source of income.
'If the Opposition associates itself too much with the minorities, then it becomes easy for the BJP to get Hindu consolidation votes.'
Indian equity markets, including the Sensex and Nifty, experienced a significant downturn for the second consecutive day, driven by escalating geopolitical tensions in West Asia and persistent foreign fund outflows.
Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.
The Enforcement Directorate has opposed Robert Vadra's petition in the Delhi High Court, challenging a trial court order that summoned him in a money laundering case linked to a land deal in Haryana's Shikohpur.
Reliance Industries is expected to report largely flat performance for its fourth quarter (January-March, Q4) of FY26, with weakness in the oil-to-chemicals (O2C) business and muted retail growth likely to offset steady gains in the telecommunications segment.
FMCG major Nestle India reported a significant 27.18 per cent increase in consolidated net profit for the March quarter of FY26, reaching Rs 1,110.9 crore, driven by record domestic sales and a substantial boost in advertising investments, leading to a more than 7 per cent surge in its share price.
Investments under the framework would remain voluntary for employees.
'In West Bengal, the BJP's ideology of Hindutva will be customised to cater to the culture and the cultural imperatives of Bengalis.'
Vietnam is an emerging regional power and a closer relationship with Hanoi is closely aligned with Prime Minister Narendra Modi's Act East Policy, points out Dr Rajaram Panda.
The opposition parties, including Congress, Raijor Dal and Trinamool Congress, opposed the move and demanded wider consultation with all the stakeholders before its introduction.
Reliance Industries Limited (RIL) faced a challenging fourth quarter, with its energy business experiencing significant headwinds, leading to overall muted results and prompting analysts to adjust their outlook, even as consumer segments like Jio and retail demonstrated robust growth.
On Raj Kapoor's 38th death anniversary on June 2, 10 soundtracks that reflect the creative crescendos scaled by RK and his musical team.
Punjab Kings co-owner Mohit Burman has expressed the franchise's interest in owning a team in the Women's Premier League at some point, despite the BCCI's current stance against immediate expansion.
Godrej Consumer Products Ltd (GCPL) delivered a robust Q4FY26 performance, with steady demand in India and signs of stabilisation in international markets, despite persistent inflationary pressures. The company expects to maintain profitability in FY27 through strategic cost management and pricing adjustments.
What lessons opposition parties need to learn post defeat of Mamata Banerjee in West Bengal elections? The election saw spectacular victor of BJP which rose from 3 seats in 2016 to 206 seats in 2026 assembly elections.
Balrampur Chini Mills Ltd anticipates annual revenue of approximately Rs 2,000 crore from its new bio-plastic plant in Uttar Pradesh, scheduled for commissioning in the December quarter. The company is investing over Rs 3,000 crore in the Poly Lactic Acid (PLA) plant with a capacity of 80,000 tonnes per annum.
'People don't like leaders who just crib and complain without offering a clear objective.' 'Theoretically and pragmatically, Rahul has to show an agenda beyond bad-mouthing Mr Modi on economic policies, foreign policy...'
'What we are witnessing is a massive anti-incumbency wave that has cut across all social and political divides.'
Gurindervir Singh's record-breaking 10.09-second run in the 100m at the Federation Cup National Championships has ignited hopes for Indian athletes to finally break the coveted sub-10-second barrier. Experts believe that with the right training, equipment, and opportunities, an Indian sprinter could achieve this milestone in the near future.
IT firm Tech Mahindra announced a 16 per cent increase in its consolidated net profit to Rs 1,353.8 crore for the January-March quarter of FY26, with revenue from operations rising 12.6 per cent to Rs 15,076.1 crore, driven by an accelerated transition to an AI-led organisation and record deal wins.
The Beijing summit may have reduced immediate diplomatic uncertainty, but it did not resolve the deeper structural contest between the United States and China. That contest appears likely to define the coming decade, notes Varun Arya.
