Foreign Portfolio Investors (FPIs) have withdrawn nearly Rs 43,000 crore from Indian equities in the first week of June, contributing to a total outflow of Rs 2.67 lakh crore in 2026, driven by a global shift towards technology and AI-linked opportunities and persistent rupee depreciation.
The Indian rupee depreciated by 28 paise to settle at 93.44 against the US dollar, influenced by ongoing uncertainties surrounding West Asia peace negotiations, volatile crude oil prices, and the Reserve Bank of India's recent adjustments to non-deliverable forward market regulations.
The Reserve Bank of India (RBI) has kept its key lending rate, the repo rate, unchanged at 5.25 per cent for the second consecutive time, citing concerns over rising energy prices, supply disruptions from the West Asia crisis, and potential inflationary pressures.
Teen cybersecurity researcher alleges unauthorised access to nearly 1.8 lakh result records and 1.87 lakh admit card PDFs; institute says data was read-only and issue is being fixed.
The decision comes hours after dissident TMC MLAs moved the assembly speaker seeking recognition as a separate legislature party, deepening the crisis within the organisation following its recent electoral setback.
Lieutenant General Seth's involvement in the army's capability development and modernisation efforts is evident from the key appointments he has held in the Strategic Planning and Capability Development Directorates, including Colonel Capability Development for Mechanised Forces, Brigadier Perspective Plans and Acquisition, and Additional Director General Capability Development.
An 85-year-old retired MCD official, declared brain-dead after a severe stroke, became an organ donor, saving multiple lives. His family's compassionate decision highlights the critical need for increased organ donation awareness in India, where deceased donor rates remain low despite high demand for transplants.
India's manufacturing sector activity reached a three-month high in May, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 55.0, driven by robust domestic demand, infrastructure projects, and new business gains despite ongoing inflationary pressures.
Over the past year, the sale of injectable GLP-1 agonists (used to treat type 2 diabetes and obesity) such as Mounjaro, Wegovy and Ozempic have surged a whopping 218 per cent.
Air India has deferred annual salary increments for its staff by at least one quarter and urged a "relentless focus on costs" due to external headwinds like the closure of Pakistan airspace, West Asia conflict, rupee depreciation, and a significant surge in aviation turbine fuel prices, though the airline has assured there will be no layoffs.
Former Indian Premier League chairman and cricket administrator Lalit Modi described Prime Minister Narendra Modi as a 'great cricket fan' and said his interactions with the Prime Minister were largely centred around the development of cricket infrastructure in Ahmedabad.
Pakistan Prime Minister Shehbaz Sharif announced that a US-Iran peace deal is on the verge of finalisation, potentially within the next 24 hours, marking a significant diplomatic breakthrough after months of intense negotiations.
A US-sanctioned tanker carrying Iranian crude oil has rerouted mid-voyage from its previously indicated destination of India to China, raising questions about payment issues and the future of India's Iranian oil imports.
The Trinamool Congress (TMC) has expelled two of its Members of the Legislative Assembly (MLAs), Sandipan Saha and Ritabrata Banerjee, for allegedly engaging in anti-party activities.
Dinesh Lad, the formative coach of former India captain Rohit Sharma, believes the batter should ignore critics questioning his fitness and form, and simply enjoy his game to return stronger in his favourite World Cup format next year.
Amidst growing speculation about a potential leadership change in Karnataka, senior Congress leaders are meeting to discuss the future of the state government. The meeting follows months of rumours regarding a transition, with D K Shivakumar potentially succeeding Siddaramaiah as Chief Minister.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring a sharp decline in global equities and a fresh spike in crude oil prices, exacerbated by simmering tensions in West Asia and a global unwinding of the AI-led rally. Track how sensex, Nifty fared on June 8.
India has significantly reduced Aviation Turbine Fuel (ATF) prices for international airlines by 27% due to easing global fuel benchmarks, while simultaneously increasing commercial LPG and 5-kg cylinder prices to record highs.
India's industrial production expanded at a slower pace of 4.9 per cent in April, primarily due to tepid growth in the energy sector amidst the West Asia crisis. This data marks the first release under the newly revised base year of 2022-23 for the Index of Industrial Production (IIP).
Qatar has halted liquefied natural gas (LNG) production after its facilities came under attack amid the ongoing West Asia conflict, disrupting supplies to India and squeezing feedstock availability for key domestic sectors.
Speculation about a possible rapprochement or merger between the Congress and the Trinamool Congress (TMC) has exposed deep divisions within the Congress's West Bengal unit, with senior state leaders vocally opposing any alliance with Mamata Banerjee.
The government is considering using the Indian Air Force to transport NEET-UG papers to ensure a secure retest on June 21, following allegations of malpractices in the original exam.
Indian benchmark indices Sensex and Nifty experienced a decline in early trade, mirroring weak global market trends and persistent outflows from foreign institutional investors (FIIs), exacerbated by ongoing geopolitical uncertainties in West Asia.
India has capped gold imports under the Advance Authorisation scheme at 100 kg, a day after significantly increasing import duties on precious metals. This move aims to tighten conditions for duty-free gold imports by jewellery exporters and curb non-essential imports amidst a ballooning import bill.
The International Volleyball Federation (FIVB) has granted provisional recognition to the Volleyball Federation of India (VFI) while also raising concerns with the IOA regarding visa delays for athletes and pending dues from private partners.
The Indian equity market is set for an event-heavy week, with analysts pointing to the Reserve Bank of India's (RBI) interest rate decision, developments in the US-Iran situation, and crude oil prices as the primary determinants of market trends.
The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.
Mamata Banerjee alleges BJP rigged the West Bengal elections and announces plans for a nationwide anti-BJP alliance. She also protests against post-poll violence and arrests of TMC workers.
Preferential equity listings in India reached an unprecedented 1,307 in FY26, marking a 33% increase from the previous year and reflecting a strategic choice for companies during market volatility.
Asian Development Bank (ADB) on Friday warned that India's limited crude oil reserves of about 100 million barrels - sufficient for only 40-45 days of consumption - leave the country particularly vulnerable to supply disruptions through the Strait of Hormuz amid the ongoing war in West Asia.
SKY didn't realise that a non-performing captain starts losing respect of the dressing room. If someone fails to score consistently for more than a year, he would find it extremely difficult to actually instruct his teammates to execute his plans.
'There has to be a safe harbour for licensed entities, which have followed all the norms prescribed by the RBI.'
Maharashtra's Chief Minister inaugurated the 'Missing Link' project on the Mumbai-Pune Expressway, designed to bypass a steep mountain pass, reduce travel time, and boost economic activity.
The Bihar government has suspended two senior IAS officers, Yogesh Kumar Sagar and Abhilasha Kumari Sharma, following corruption charges based on findings shared by the Enforcement Directorate (ED) and the Special Vigilance Unit (SVU). The officers are accused of obtaining undue monetary benefits through bribery and commissions.
The Indian trio of Deepika Kumari, Ankita Bhakat, and Kumkum Mohod secured the women's recurve team gold medal at the Archery World Cup Stage 2 in Shanghai, defeating China in a tense shoot-off. India finished the campaign with two medals, including a bronze in the men's individual compound section.
'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'
The National Testing Agency (NTA) has strongly refuted social media claims regarding an alleged leak or sale of the NEET-UG 2026 re-examination question paper, labelling them as 'false, fraudulent, and intended to mislead' by 'organised cheating rackets'.
India's exports recorded a 13.78 per cent increase to USD 43.56 billion in April, marking the highest monthly outbound shipments in over four years, primarily driven by petroleum products. However, the trade deficit widened to a three-month high of USD 28.38 billion due to a 10 per cent rise in imports.
A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.
Experts' worries intensified after Pakistan commissioned its first Chinese-built Hangor-class submarine, PNS Hangor, last month.
