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.
Silver prices rallied sharply by Rs 15,000 to hit a lifetime high of Rs 265,000 per kg in the national capital on Monday, and gold advanced to a fresh record of Rs 144,600 per 10 grams, mirroring strong gains in the global markets.
'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.'
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 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.
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.
Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire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.
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.
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.
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.
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.
From the 30-Sensex firms, Bharat Electronics, Power Grid, Tata Motors Passenger Vehicles, Asian Paints, Reliance Industries, and Bajaj Finserv were among the biggest gainers. However, HCL Tech, Kotak Mahindra Bank, ICICI Bank, and Sun Pharma were the laggards.
Bitcoin has fallen from its peak of $1,26,251.3 on October 6, 2025, to $65,405.5, a decline of 48.2 per cent. Investors must recognise that sharp volatility is inherent to Bitcoin and avoid kneejerk reactions.
The US economy has been growing comfortably for several quarters.
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.
The Supreme Court on Thursday held that the Governor can reserve a bill for consideration of the President even in the second instance, when the bill is again sent by the state assembly to him whether in its amended or unamended form.
A host of macroeconomic data announcements, global trends and trading activity of foreign investors would dictate investors' sentiment in the stock market this week, analysts said. Besides, auto sales data will be closely tracked, experts noted.
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.
Several opposition parties on Wednesday decided to jointly oppose the delimitation provisions in the Constitution amendment bill in Parliament, even as they reiterated support for women's reservation, with Mallikarjun Kharge alleging the move is politically motivated.
From the 30-Sensex firms, Trent, Infosys, Bharti Airtel, Tech Mahindra, Bharat Electronics and Maruti were among the biggest gainers. However, State Bank of India, Kotak Mahindra Bank, Larsen & Toubro and Titan were the laggards.
In an event-heavy week, stock investors will track ongoing quarterly earnings, the US Federal Reserve's interest rate decision, and macroeconomic data for market direction, analysts said. Moreover, progress in India-US trade negotiations will remain a key focus for investors, an expert said.
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.
Among Sensex firms, Bajaj Finserv, Bajaj Finance, Tata Steel, Reliance Industries, Sun Pharma, Tata Motors Passenger Vehicles, Axis Bank and Infosys were among the major gainers. Bharti Airtel and Asian Paints emerged as the laggards from the pack.
'The Supreme Court stated that once the delimitation plan is approved by Parliament and receives assent of the President, it cannot be undone. Nor can it be modified.'
Former chief coach Vimal Kumar has expressed his disappointment with the Badminton World Federation's decision to change the scoring system, arguing it dilutes the sport and fails to address its real challenges.
The US Fed's interest rate decision will be the major factor dictating trends in the domestic equity market this week, with global movements and foreign investor activity also influencing sentiment, according to analysts. Stock markets ended the last week on a subdued note, with benchmark indices Sensex and Nifty closing flat.
The Congress party has accused the government of using women's reservation as a pretext to push through delimitation, arguing that the women's quota law should be implemented immediately based on the current Lok Sabha strength.
West Bengal Chief Minister Mamata Banerjee has accused Prime Minister Narendra Modi of misleading the nation regarding the women's quota bill and plotting to push through the delimitation exercise by using women as a shield.
The Federation of Indian Export Organisations (FIEO) has appealed to the Reserve Bank of India (RBI) for liquidity support to Indian exporters, citing a significant increase in freight costs and extended payment cycles due to the ongoing West Asia conflict.
Macroeconomic data, global geopolitical developments and rising concerns over AI-related disruptions are likely to dictate sentiment in the stock market next week, even as investors may remain cautious amid ongoing volatility, according to analysts.
Among Sensex firms, Tata Steel, HCL Tech, Bajaj Finance, Bajaj Finserv, Bharat Electronics and Eternal were the major laggards. However, Maruti, Mahindra & Mahindra, Tata Motors Passenger Vehicles and ITC were among the gainers.
Gold prices are expected to remain volatile next week as investors track geopolitical developments in the Middle East and key macroeconomic data releases that could shape the sentiment in the domestic market, analysts said.
New investors should enter gradually and with a long horizon. 'Staggered investment through systematic purchase plans is advisable rather than lump-sum buying.'
Dollar's strength and falling crude oil prices force downward revision of 2015 growth forecast.
Precious metal prices surged in futures trading, with silver hitting Rs 2.93 lakh per kg and gold nearing Rs 1.68 lakh per 10 grams, driven by safe-haven demand following US-Israel strikes in Iran and retaliatory attacks.
Among the Sensex constituents, Asian Paints, Tech Mahindra, HCL Technologies, Tata Steel, Maruti Suzuki India, Sun Pharmaceuticals, Tata Consultancy Services, ICICI Bank, Bajaj Finance, UltraTech Cement, Mahindra & Mahindra and Tata Motors Passenger Vehicles were the laggards. However, Eternal, Titan, Adani Ports, Bharat Electronics Ltd, State Bank of India, Bajaj Finserv, NTPC and Bharti Airtel were among the gainers.
Silver prices extended their record-breaking rally for a sixth straight session on Monday, surging 6 per cent to touch a lifetime high of Rs 2,54,174 per kilogram in futures trade amid strong investor demand and bullish global trends. On the Multi Commodity Exchange (MCX), silver futures for March delivery surged Rs 14,387, or 6 per cent, to hit a new record of Rs 2,54,174 per kilogram.
Wrestler Vinesh Phogat has been notified by the International Testing Agency (ITA) for a missed out-of-competition doping test dating back to December 18, 2025. This marks her first whereabouts failure in the last 12 months and triggers a warning under anti-doping regulations.
