Market benchmark indices Sensex and Nifty drifted lower in early trade on Monday amid renewed hostilities between the US and Iran. The 30-share BSE Sensex declined 63.65 points to 77,047.63 during initial trading. The 50-share NSE Nifty went marginally up by 16.55 points to 24,070.20. Later, the BSE benchmark dropped 246.54 points to 76,853.93, and the Nifty dipped 50.55 points to 24,005.45. Track Sensex, Nifty on June 29.
A Class 8 student in Bengaluru died by suicide, with her parents alleging harassment and humiliation by school staff. The education department has launched an inquiry into the incident, which occurred after the girl and classmates complained about a teacher's harsh behaviour.
A bipartisan group of US senators has introduced a comprehensive bill imposing extensive sanctions on Russia, with India identified as one of five countries that could incur tariffs for its continued purchase of Russian oil.
'The Rs 30,954 crore inflows recorded in May 2026 reflects around 16 per cent year-on-year rise.'
International mutual fund schemes have seen a significant resurgence in investor interest, attracting approximately Rs 7,600 crore in net inflows over the past year, a stark reversal from previous outflows, driven by their strong outperformance against domestic markets and limited AI-linked investment opportunities in India.
"If you share a healthy relationship with your parents, let them know that while they are searching, you are open to meeting other men," counsels rediffGURU Shalini Singh, founder of andwemet, an online matchmaking service.
India's Code on Wages mandates strict payout deadlines, two-day full and final settlements, universal wage coverage and capped deductions to safeguard employees and enhance payroll transparency nationwide.
Three members of a family, Somasundar, Muthulaxmi, and their younger daughter Supriya, were found stabbed to death in their Bengaluru apartment. Police suspect the elder daughter and her boyfriend are responsible, possibly due to the parents' disapproval of their relationship. The suspects are currently absconding, and an investigation is underway.
Switzerland will host the next global AI summit in June 2027 in Geneva, aiming to establish stable processes for AI governance and promote its responsible use. Building on previous summits, including one in New Delhi, the event will focus on AI as a driver of prosperity and human-centred innovation, bringing together governments, organisations, and civil society to address global challenges.
...and 3 lakh for harassment.
Non-banking financial companies (NBFCs) in India saw their overall credit growth accelerate to 14.2 per cent year-on-year in May, primarily driven by significant increases in loans against gold jewellery and commercial real estate, according to recent Reserve Bank of India (RBI) data.
An Indian man, Avinash Narne, has been charged with first-degree murder in the US state of Washington, almost nine months after his wife, Raajitha Sabbineni, was found dead. Prosecutors allege Narne premeditated the strangulation, staged the crime scene, and had a secret romantic relationship with another woman in India, to whom he allegedly sent photos of his wife's body.
Morgan Stanley analysts, led by Ridham Desai, predict that the next phase of the Indian market rally will be primarily driven by the April-June quarter (Q1FY27) corporate earnings season and the performance of the monsoon.
If reimbursement becomes unavoidable, submit a complete file at the earliest.
SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.
Under the Odisha state premature release policy, prisoners whose death sentences were commuted to life imprisonment become eligible for remission after completing 25 years in prison, subject to recommendations by the Odisha State Sentence Review Board and approval by the state government. Dara Singh has now spent more than 26 years in prison.
Unified Payments Interface (UPI) transactions moderated slightly in June from a record high in May, reaching Rs 28.9 lakh crore. Despite a month-on-month decrease in volume, the daily average transactions hit a new high, indicating UPI's strong adoption for low-value payments. The platform also demonstrated significant annual growth and expanding international presence.
India's IT Secretary S Krishnan announced that the government is considering a dedicated regulatory framework for Artificial Intelligence, moving beyond existing IT rules to address challenges like deepfakes and synthetic content. This comes as global policymakers grapple with AI's rapid emergence and its implications.
Foreign Portfolio Investors (FPIs) withdrew Rs 49,340 crore (USD 5.16 billion) from Indian equities in June, driven by global risk aversion, a preference for developed markets, soaring US bond yields, and stretched domestic valuations, bringing total withdrawals to Rs 2.7 lakh crore so far in 2026.
Foreign investors have largely been exiting one part of the market while domestic investors have been enthusiastically accumulating another, points out Debashis Basu.
Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.
The Indian corporate bond market witnessed a significant surge, with companies raising nearly Rs 16,000 crore in a single day, primarily led by state-owned financial institutions and NBFCs. This strong momentum, driven by improved borrowing conditions and investor confidence, is expected to persist.
Systematic Investment Plan (SIP) returns for smallcap and midcap mutual funds have seen a significant rebound, with average one-year SIP returns now at 19.1 per cent for smallcap funds and 13.5 per cent for midcap funds, according to Value Research data. This recovery is expected to revive momentum in the retail mutual fund industry, which had experienced a moderation in growth indicators.
It's absolutely okay for two partners in a relationship to be widely different in their likes and dislikes, says rediffGURU Anu Krishna.
India's services sector growth experienced a significant slowdown in June, reaching a 17-month low due to challenging market conditions and reduced domestic client interest, as indicated by the HSBC India Services PMI Business Activity Index.
...exceeding their 49,340 crore equity selloff.
Tax treatment depends on the activity and manner of earning income.
An 11-year-old girl was allegedly kidnapped while sleeping beside her family on a pavement, raped and murdered in south Delhi's Mehrauli area, an official said on Tuesday.
Divestment has emerged as a priority for the government following a moderation in direct tax collections.
The Indian stock market's movement this week will be significantly influenced by the outcome of US-Iran talks, global crude oil prices, and the trading activities of foreign institutional investors (FIIs), according to market analysts.
Housing sales fell 6 per cent in April-June to 90,715 units across seven major cities on subdued demand amid economic uncertainties and also rising home prices, according to Anarock data released on Monday. As many as 96,285 units were sold in the year-ago period across the top seven cities -- Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune, Bengaluru, Hyderabad, Chennai and Kolkata.
Prohibition never stopped anyone from drinking in Gujarat. It only made the stories that come after a lot more interesting, recounts Binu Alex.
India's domestic passenger vehicle sales experienced a robust 24.6 per cent year-on-year increase in June, propelled by favourable government policies like income tax relief and repo rate cuts, alongside resilient rural demand, even as global crude oil prices pose potential cost pressures.
The technology startup ecosystem in India attracted $7.2 billion in funding during the first half of calendar year 2026, marking a 12 per cent year-on-year (Y-o-Y) increase. However, even as funding increased, deal count fell sharply, according to a report by market intelligence platform Tracxn.
Queen Maxima of the Netherlands, the UN Secretary-General's Special Advocate for Financial Health, visited Mumbai to understand India's digital public infrastructure, including UPI and AI, in improving financial health for salaried individuals. She interacted with healthcare professionals and SalarySe leaders, praising India's advancements in financial inclusion and technology's role in empowering individuals.
'Buy on dips, buy on dips and sell on rise.'
Police in Kolhapur, Maharashtra, have registered a case against three individuals for allegedly forcing a woman into prostitution to repay an exorbitant interest on a Rs 7,000 loan, which had ballooned to Rs 1.5 lakh.
The report notes that equities had faced pressure from elevated valuation premiums, subdued nominal gross domestic product (GDP) and earnings growth, sustained foreign portfolio investor (FPI) selling, artificial intelligence (AI) infrastructure euphoria, and external shocks including US tariffs and a spike in crude oil prices due to geopolitical tensions in West Asia. However, several of these factors are now reversing.
Behind the aesthetics of an entrepreneurial lifestyle lies a silent financial crisis that nobody is talking about: Freelancers are sprinting toward a retirement brick wall.
India's Goods and Services Tax (GST) collections saw a significant 14 per cent increase in June, reaching approximately Rs 1.95 lakh crore. This surge was primarily driven by a substantial 34.6 per cent growth in tax mop-up from imports, alongside a 6.5 per cent rise in domestic supplies, reflecting the country's economic resilience despite global uncertainties.
