Legendary economist and former Federal Reserve chairman Alan Greenspan has died at the age of 100 due to complications related to Parkinson's disease, his wife Andrea Mitchell confirmed.
Analysts predict that developments in US-Iran negotiations, fluctuations in crude oil prices, and key global economic data will be the primary drivers of gold and silver prices in the coming week, with a strong focus on talks in Switzerland.
Analysts predict that inflation data, the US Federal Reserve's interest rate decision, and crude oil price trends will be the primary factors influencing the movement of Indian stock markets. Geopolitical developments, particularly the US-Iran deal, and foreign investor activity will also play a crucial role.
Olympian dressage rider Anush Agarwalla and the Equestrian Federation of India (EFI) ad-hoc panel are engaged in a heated dispute over the selection process for the upcoming Asian Games. Agarwalla, a gold medallist and Paris Olympics representative, alleges a lack of transparency after being named a reserve member, while the EFI defends its process as compliant with selection criteria.
Analysts predict that developments in West Asia, their impact on crude oil prices, and the trading activity of foreign institutional investors (FIIs) will be crucial factors influencing the Indian stock market this week.
Indian stock market benchmark indices Sensex and Nifty rebounded in early trade, driven by a decline in crude oil prices, supportive global cues, fresh foreign fund inflows, and buying in blue-chips like Reliance Industries and HDFC Bank. Track Sensex, Nifty movement on June 22, 2026.
The rupee has been among the The RBI uses the Iran-US peace deal to bolster its forex reserves.
Indian benchmark equity indices, Sensex and Nifty, extended their rally for a fifth consecutive session, driven by optimism surrounding a potential US-Iran peace deal and a significant drop in crude oil prices. Despite hawkish remarks from the US Fed, investors remain hopeful that easing energy prices could temper inflationary pressures.
Most members of the Reserve Bank of India's Monetary Policy Committee (MPC) expressed concerns about inflation becoming generalised and highlighted uncertainties surrounding both inflation and growth prospects due to the West Asia conflict, according to the recently released minutes.
India's prominent table tennis player, Manika Batra, has been excluded from the national squad for the upcoming Asian Games due to her absence from domestic events, which impacted her national ranking. The Table Tennis Federation of India (TTFI) cited adherence to its selection criteria, which prioritises both national and world rankings.
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.
Manika Batra took to X, voicing her concerns over the TTFI's decision on her non-inclusion in the Asian Games squad.
The Badminton World Federation (BWF) has approved the adoption of the 3x15 scoring system, set to take effect on January 4, 2027, following a vote at its Annual General Meeting in Horsen, Denmark. The decision aims to enhance the sport's appeal, improve match scheduling, and benefit player welfare, despite reservations from some leading Indian players.
Ghana midfielder Thomas Partey was denied entry into Canada for a FIFA World Cup qualifier against Panama due to ongoing criminal proceedings in the UK, where he faces rape and sexual assault charges. Canada's Federal High Court upheld the visa refusal, despite Ghana's government calling the decision "extremely unfair" and questioning the reliance on unproven allegations.
'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'
Crude oil prices surged over 3% in futures trade after US President Donald Trump expressed doubts about the Iran ceasefire, reigniting fears of supply disruptions from West Asia and pushing Brent crude above USD 107 per barrel.
The Supreme Court allowed Olympian Vinesh Phogat to compete in the 2026 Asian Games selection trials while cautioning against excessive judicial interference in sporting matters during the hearing of WFI's plea challenging the Delhi High Court order.
Gold and silver prices experienced a significant drop in the national capital due to a global selloff driven by inflation concerns, central bank policies, and geopolitical tensions.
Analysts predict that the ongoing conflict in West Asia, crude oil price fluctuations, and the US Federal Reserve's interest rate decision will significantly influence the Indian equity market this week.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, driven by a sharp surge in crude oil prices above USD 120 per barrel, weak global market trends, and continued foreign fund outflows.
Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.
Gold prices fell by Rs 400 to Rs 1.6 lakh per 10 grams in the national capital on Thursday amid weak global trends and receding expectations of an interest rate cut by the US Federal Reserve.
India's total automobile retail sales recorded a significant 9.55 per cent year-on-year growth in May, reaching an all-time high of 25,31,067 units, driven by strong performances in three-wheelers, passenger vehicles, and tractors, despite prevailing heatwave conditions and fuel price pressures.
The All India Football Federation (AIFF) has added five players to the national team for the Unity Cup in London after Mohun Bagan Super Giants withdrew their players. The AIFF is working to secure visas for the new players before the first match against Jamaica.
'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'
The Indian rupee plummeted to a new all-time closing low of 95.81 against the US dollar, driven by surging crude oil prices, persistent inflation concerns, and a strengthening dollar index.
Fuel prices have risen by about Rs 7.5 per litre since May 15, as global crude oil prices surged due to the ongoing conflict in West Asia and supply concerns around the Strait of Hormuz.
Gold prices experienced a significant decline in futures trading due to uncertainty surrounding geopolitical tensions in West Asia and conflicting statements regarding the conflict. Investors are also awaiting key macroeconomic data for further direction on interest rate cuts.
A Bhopal court has remanded Samarth Singh, husband of deceased model-actor Twisha Sharma, in CBI custody. The CBI is investigating the circumstances surrounding Sharma's death, which occurred at her marital home. The Madhya Pradesh High Court has reserved its judgment on pleas seeking cancellation of anticipatory bail for Samarth Singh's mother.
The world's largest economy, which is witnessing slow expansion, is also grappling with high unemployment levels. "Reports from the 12 Federal Reserve districts suggest that economic activity continued to expand moderately from November through December," Fed's latest Beige Book said.
As India's remarkable chess revolution gathers momentum, teenagers Rishabh Kumar and Adhiraj Mitra are ensuring that the country's future on the 64 squares remains brighter than ever.
Tamil Nadu Chief Minister M K Stalin has claimed victory for the state after the Constitution Amendment Bill was defeated in the Lok Sabha. Stalin criticised the Centre's handling of the Women's Reservation Bill and delimitation process, accusing the BJP of prioritising political gain over fairness and consultation.
The Indian rupee depreciated 20 paise to close at a fresh all-time low of 94.88 against the US dollar, driven by surging Brent crude oil prices, hovering around USD 115 per barrel, and persistent foreign capital outflows.
Veteran sports administrator and India's first Asian Games shooting gold medallist Randhir Singh was cremated in Haridwar. Singh died at his New Delhi residence after battling age-related ailments. He was 79.
NDA leaders have defended proposed amendments to the Women's Reservation Act and the Delimitation Bill, 2026, arguing women have waited long enough for reservation, while opposition parties allege the process could undermine India's federal and democratic structure, particularly impacting southern states.
Gold and silver prices saw a significant decline in the national capital, with silver falling by Rs 7,800 to Rs 2.43 lakh per kilogram and gold by Rs 1,500 to Rs 1.54 lakh per 10 grams, as investors booked profits amid persistent doubts over the durability of the West Asia ceasefire.
The Nifty IT index hit a more than nine-month low, trading at its weakest level since April 17, 2025.
Tamil Nadu Chief Minister M K Stalin celebrated the defeat of the Constitution Amendment Bill in the Lok Sabha, emphasising the unity of the south and the triumph of democracy. The bill aimed to implement reservation for women in legislatures in 2029 and increase Lok Sabha seats. Stalin criticised the bill as weakening the balance of the union and asserted Tamil Nadu's commitment to justice, dignity, and federalism.
Senior Congress leader Shashi Tharoor criticised the government's decision to link women's reservation with the expansion of Parliament, calling delimitation a 'political demonetisation'. He argued that women's reservation should be implemented immediately based on existing parliamentary strength.
