Indian equity benchmark indices Sensex and Nifty closed lower on Thursday, driven by escalating tensions between the US and Iran, persistent foreign fund outflows, and concerns over rising US inflation.
Amazon plans to significantly expand its use of automation and advanced robotics, including systems like the SLAM labeler, across its Indian fulfilment centres. The company, which has committed substantial investments in India, also highlighted its global rollout of autonomous robots like Proteus and cautioned against premature AI regulation that could stifle innovation.
Pakistan has increased its defence budget by 17.6 per cent to PKRs 3,000 billion for the upcoming fiscal year, as announced by Finance Minister Muhammad Aurangzeb. The federal budget, estimated at PKRs 18,771 billion, targets 4 per cent GDP growth, with significant allocations for debt service and pensions. Prime Minister Shehbaz Sharif highlighted economic stability and ongoing discussions with the IMF, while the opposition protested Imran Khan's incarceration during the budget session.
India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.
Maharashtra BJP MLC Pravin Darekar announced the launch of 'Devabhau' and 'Chhava' cooperative taxi services in Mumbai, aiming to counter private aggregators and benefit drivers directly, but the scheme has drawn sharp criticism from social activist Anjali Damania and the Opposition Congress over the proposed use of Mumbai Bank funds and its political branding.
Earlier, most investors counted on traditional options like fixed deposits, gold, or property. But in 2026, you will have access to a much wider range of opportunities across different markets and sectors.
Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a sharp sell-off in IT stocks, a fresh surge in crude oil prices, and sustained outflows from foreign institutional investors. The Sensex dropped over 300 points, while the Nifty declined by 77.95 points.
Domestic passenger vehicle dispatches in India surged by 27.3 per cent year-on-year to a record 4,38,854 units in May, driven by reduced GST rates and easier financing, according to the Society of Indian Automobile Manufacturers (SIAM).
Gurugram Police arrested a 28-year-old man for allegedly drugging his flatmates and robbing them of nearly Rs 6 lakh. The accused, Deepak Maurya, used OLX ads to find victims and committed similar crimes in Gujarat using fake identities.
The US Department of State has signed a Memorandum of Understanding with the Ultimate Fighting Championship (UFC) to launch a public-private partnership aimed at advancing sports diplomacy worldwide. This initiative will leverage UFC's extensive global platform and athletes to engage international audiences, promote cultural exchange, and champion American values such as discipline and perseverance.
The US Department of State has signed a Memorandum of Understanding with the Ultimate Fighting Championship (UFC) to launch a public-private partnership aimed at advancing sports diplomacy worldwide. This initiative will leverage UFC's extensive global platform and athletes to engage international audiences, promote cultural exchange, and champion American values such as discipline and perseverance.
The CBI has filed two chargesheets in connection with the siphoning of Rs 657 crore from Haryana government and Chandigarh Smart City Limited funds held at IDFC First Bank. The fraud involved fictitious transactions, shell entities, and alleged gold purchases and real estate investments, with IDFC First Bank having already reimbursed the Haryana government.
The Bank Nifty is currently trading at a 43.5 per cent discount to the Nifty 50, near its widest gap since 2015, reflecting investor pessimism despite the banking sector's strong earnings growth.
Indian cement manufacturers, despite a stable Q4FY26, are bracing for significant profitability pressures from Q1FY27 onwards due to escalating input costs, primarily driven by the West Asia conflict's impact on coal and petcoke prices.
Global investment firm KKR remains optimistic about India's long-term growth, citing rising incomes, premiumisation, financial deepening, and demand for quality services as key drivers for its consumption story, even as higher energy prices and AI disruption pose near-term challenges.
The US Centers for Disease Control and Prevention, the Pan American Health Organization and the World Health Organization have all described the risk of Ebola to World Cup host countries as low, citing measles, COVID-19 and influenza -- which spread when large crowds gather -- as the most likely threats.
Jammu and Kashmir LG Manoj Sinha addressed the 'IMMUNOCON-2026' conference, stressing the importance of translating scientific immunological knowledge into public health action. He urged scientists to focus on precision medicine, immuno-AI fusion, climate immunity, and accelerating translational research to combat infectious diseases and enhance healthcare delivery.
His entire family, including his wife, their chartered accountant son Vivek Aggarwal, daughter-in-law and two grandchildren, was killed on June 3 in the Hauz Rani fire in Delhi.
TMC leader Derek O'Brien highlights the Tata Group's presence and expansion in West Bengal, countering BJP claims about bringing Tata back to the state. Investments and expansions span IT, manufacturing, hospitality, and retail sectors.
The Enforcement Directorate (ED) is set to appeal the Delhi High Court's decision to quash a money laundering case against news portal NewsClick and its editor-in-chief Prabir Purkayastha, arguing that the High Court 'overlooked or left unaddressed' critical contentions regarding alleged FDI rule violations and false representations to authorities.
Tata Consultancy Services has partnered with French artificial intelligence firm Mistral to provide frontier grade AI solution, Mistral Forge, for enterprises across the world.
Civil Aviation Minister K Ram Mohan Naidu highlights challenges in aircraft procurement due to global supply chain disruptions, impacting India's aviation sector growth and expansion plans.
US Secretary of State Marco Rubio on Tuesday said the United States would prefer to end its extension of waivers on Russian oil "as soon as possible", while noting that such decisions ultimately rest with the US Treasury Department.
About 30 Indian nationals living illegally in the US and working as commercial truck drivers have been arrested and will be deported as part of 'Operation Checkmate'.
Dinesh Trivedi's experience as a businessperson and his fluency in Bengali are expected to be crucial in strengthening India-Bangladesh relations, particularly in attracting Indian investments to Dhaka.
State-owned enterprises in India are projected to significantly increase their overseas borrowings, potentially exceeding $15 billion in FY27, driven by the Reserve Bank of India's new concessional forex swap facility which offers a 3 per cent funding-cost advantage.
Indian benchmark equity indices Sensex and Nifty closed higher, recovering from previous losses, driven by a global market rebound, a pause in Israel-Iran hostilities, and a rally in bank stocks.
Despite current headwinds, India remains the world's fastest-growing major economy and should not allow near-term challenges to obscure its long-term growth potential, said Jane Fraser, Citi Chair and Chief Executive Officer.
The 13.153-km Zojila Tunnel, the world's longest single-tube bi-directional road tunnel at the highest altitude, and its final breakthrough will be a historic milestone in India's infrastructure history.
Amitabh Jhunjhunwala, former Managing Director of the Anil Dhirubhai Ambani Group, has been remanded in CBI custody in an alleged bank fraud case involving Reliance Commercial Finance Limited (RCFL) worth Rs 9,280 crore. The CBI alleges misappropriation of loan funds and violations of RBI guidelines, while Jhunjhunwala's lawyers claim he is a scapegoat.
While opening new accounts, banks can check if the name appears in any mule data. In case it does, the bank can conduct enhanced due diligence.
'For every 10,000 applicants, even an additional Rs 300 to Rs 700 per candidate for testing, assessment administration and re-screening can mean Rs 30 lakh to Rs 70 lakh extra at the hiring-stage cost before training begins.'
The highest number of frauds was reported under the card, Internet, and digital payments categories in FY24 and FY25. 'Advances' accounted for the largest share (85.5 per cent) in FY26.
Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.
Prime Minister Narendra Modi has surpassed Jawaharlal Nehru's record to become India's longest-serving democratically elected Prime Minister. He expressed gratitude to President Droupadi Murmu, NDA chief ministers, Vice President C P Radhakrishnan, and Lok Sabha Speaker Om Birla for their wishes, attributing his achievements to the collective efforts and aspirations of 140 crore Indians and reaffirming his commitment to a 'Viksit Bharat'.
The Nepalese foreign minister was speaking to the media a day after holding wide-ranging talks with his Indian counterpart S Jaishankar that focused on ways to further expand ties in diverse sectors, including trade, critical technology, connectivity and energy.
A 54-year-old man in northeast Delhi allegedly poisoned his 13-year-old son before dying by suicide, reportedly due to severe financial problems and ongoing separation proceedings with his wife. Police are investigating the tragic incident.
India's clean energy technology industry is experiencing rapid growth, with recruitment increasing significantly due to policy support and investments in green energy. However, challenges remain in talent availability, skills alignment, and gender diversity.
The Association for Sports Industry Professionals (ASIP) has partnered with SporTech Innovation Lab to enhance support and opportunities for sports professionals across India. This collaboration will leverage SporTech's AI-powered SportsKeyz platform for various ASIP operations, aiming to advance the sports industry through technology and professional development.
A delegation of Indian startup founders and leaders visited the UK to explore collaborations in artificial intelligence and technology, aiming to strengthen the India-UK innovation corridor.
