The Finance Ministry's expenditure department has approved a substantial Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0, significantly increasing the country's investment in global chip-making ambitions and aiming to establish India as a major semiconductor hub.
The remarkable rise of smallcaps reflects the emergence of a broad set of specialised businesses operating in industries where the sectoral tailwinds remain considerably stronger than macroeconomic headwinds, points out Debashis Basu.
The Cockroach Janta Party (CJP)'s protest at Jantar Mantar, demanding accountability for alleged examination irregularities, has entered its 15th day, garnering support from AAP MP Sanjay Singh and CPI(M) MP John Brittas. Climate activist Sonam Wangchuk continues his hunger strike, while a student leader from AISA was hospitalised after her condition turned critical.
General Dhiraj Seth has been appointed as the new Chief of the Army Staff, taking command of the 1.3 million-strong Indian Army. He brings nearly four decades of extensive experience, including commanding two operational Army commands along the western front, and will lead the force in its pursuit of self-reliance and readiness amidst dynamic global geo-strategic challenges.
'Why not aspire for 8 or 9 or even 10 per cent?'
Indian stock market benchmark indices, Sensex and Nifty, experienced declines in early trade due to escalating tensions between the US and Iran, which led to a surge in crude oil prices and weak global equity trends.
A 47-year-old trader was allegedly robbed of 2.5 million by two individuals on a motorcycle in the Subhash Place area of northwest Delhi. Police are investigating the incident and reviewing CCTV footage.
If you have ever said 'I'll sort retirement later,' now is when 'later' begins.
Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.
Indian benchmark indices Sensex and Nifty experienced a significant slump, with the Sensex tumbling 719.08 points, driven by escalating West Asian tensions, a sharp rise in crude oil prices, and a global sell-off in technology stocks.
Less than two months after ending the TMC's 15-year rule in the state, the BJP government is expected to table one of its most ambitious and politically sensitive promises, setting the stage for what could become the first major ideological confrontation of the post-election period.
Researchers at the University of Cincinnati have discovered that insects, including fruit flies and mosquitoes, respond predictably to humidity cycles, suggesting humidity acts as a 'zeitgeber' or time giver for their biological clocks. This finding has broad implications for understanding circadian rhythms across animal systems, as insects' survival is closely tied to hydration levels.
NITI Aayog member Abhay Karandikar stated that the US government's new export controls, which led AI giant Anthropic to take its latest models offline, underscore the critical need for India to achieve self-reliance in technology development, particularly in AI infrastructure and hardware.
The INDIA bloc meeting saw discussions about the emerging youth-led Cockroach Janata Party (CJP), with leaders holding divergent views on its intent and significance. While some expressed concerns about its political motives, many saw it as a healthy sign of youth dissent against the system, prompting calls for engagement and attention to the issues raised.
Billionaire Mukesh Ambani announced that the transfer of day-to-day management responsibilities at Reliance Industries to his children, Akash, Isha, and Anant, is "almost complete," marking the final stages of a significant succession process for India's most valuable company.
A new study by King's College London and QIMR Berghofer Medical Research Institute has identified 74 genomic locations, including 39 new ones, linked to anxiety symptoms. Analysing data from nearly 700,000 people, the research highlights the complex interplay between genetics and environmental factors in anxiety development and offers new insights into its biological underpinnings.
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.
Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.
The Delhi High Court has reaffirmed the All India Tennis Association's (AITA) General Body's authority in amending its constitution, directing that proposed changes be put to a clause-by-clause vote by members. This interim order modifies a single judge's ruling, ensuring the federation's democratic processes are maintained while complying with new sports governance laws, with fresh elections mandated by September 30.
India's leading two-wheeler manufacturers experienced significant growth in May, propelled by strong domestic demand for premium motorcycles and scooters, channel inventory replenishment, and a recovery in export markets.
Investors are keenly awaiting clarity on Reliance Jio Infocomm's IPO, the company's AI and data centre strategies, and next-generation leadership structure at Reliance Industries Ltd's (RIL's) 49th annual general meeting (AGM).
'The share of the private sector is at its all-time high of around Rs 42,000 crore in FY26, reflecting its expanding role in the defence ecosystem.'
The National Stock Exchange (NSE) is expected to file its preliminary IPO papers with Sebi next week, marking a significant step forward for the long-awaited public offering which has been delayed for nearly a decade due to regulatory issues.
Electric passenger vehicle retail sales in India surged by 81.2 per cent to 26,682 units in May, with Tata Motors leading the segment, while electric two-wheeler sales also saw a substantial 62.76 per cent increase, according to the Federation of Automobile Dealers Associations (FADA).
A 31-year-old man was shot dead in Chandigarh by two unidentified assailants outside a gym, marking the second shooting incident in the city within 24 hours.
'A lot of people feel there is pressure on the AAIB not to go against Boeing or GE -- both enormous American companies.' 'If the AAIB implicates Boeing or GE, it will impact their sales.' 'If their sales are impacted, jobs are lost in the United States. No government would willingly do that.'
'Without sugar coating things, I could tell Akshay (Kumar) and Rajpal (Yadav) aisa mat kar (don't do that), remind Anna (Suniel Shetty) that it was a just a 'back' shot and point out to Paresh (Rawal) bhai that since he was not in focus, so he didn't have to give too many expressions.'
Anthropic has labelled the US government's directive to suspend its Fable 5 and Mythos 5 AI models as a "misunderstanding" and is actively working to restore access, warning that the current standard for narrow jailbreak findings could "essentially halt all new model deployments for all frontier model providers."
'The flip side of this is that he won't hesitate to call out India if he thinks its policies are hurting US economic interests or border US foreign policy goals.'
Iran's World Cup campaign has left many Iranian-Americans torn between supporting Team Melli and opposing the country's leadership, highlighting deep divisions within Los Angeles' influential Iranian diaspora.
Reserve Bank Governor Sanjay Malhotra announced that India's foreign exchange reserves stand at a healthy $682.3 billion as of May 29, 2026, providing approximately 11 months of import cover and strong protection against external shocks.
A police constable in Himachal Pradesh was allegedly assaulted in a road rage incident in Paonta, Sirmaur district. The accused, identified as Farman from Saharanpur, has been arrested, and a case registered under the BNS. The incident has sparked political criticism regarding the state's law and order situation.
The Suheldev Bharatiya Samaj Party, a constituent of the Bhaatiya Janata Party-led National Democratic Alliance, has staked claim to 32 seats for the 2027 Uttar Pradesh Assembly elections, with the aim to wrest the Samajwadi Party's stronghold of Azamgarh.
This marks a significant step towards legally safeguarding the cultural and spiritual identity of one of Hinduism's most revered pilgrimage centres.
'The real money in India over the coming period is likely to be made in small-cap stocks rather than in the large-cap benchmark names.'
The ICC has announced the appointment of Dr. Ros Rivaz as its new Independent Director, succeeding Indra Nooyi. Rivaz brings extensive experience in governance, corporate strategy, and operational effectiveness to the role.
With Kylian Mbappe's depth and experience, economists predict France are tipped to edge Spain to lift World Cup.
'It's a bit uncertain. Let's see what happens. But he is the top man of Assam, and since my politics is in Assam, I thought it's best to seek his guidance before I take any decision.'
Nomura has increased its March 2027 target for the Nifty 50 to 25,900, driven by strong corporate earnings and attractive market valuations, even as risks from the West Asia conflict and high oil prices persist.
State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.
