‘India-US trade deal almost wrapped up, 1% needs ironing out,’ says Sergio Gor

Tariff actions by the US are applied globally, not targeting any particular country, the US' Ambassador to India said on Wednesday.

Government unveils Rs 10,000-crore fund to protect airlines, oil companies amid Iran crisis

The government expects this arrangement to rein in runaway airfares, besides easing the pain for oil companies as well as Indian airlines.

US announces new tariffs: 12.5% on India, 10% on Pakistan & EU; India says tariffs ‘not final’

The proposed tariffs, which can come into effect by July, have been announced while US and Indian negotiators are in the midst of talks in New Delhi to finalise a bilateral trade agreement.

For larger PNG footprint, Government looks at consumer-friendly centralised portal

The move is part of the government’s effort to facilitate migration of LPG consumers — households as well as commercial users — to PNG wherever feasible.

Market cap slide: India slips behind South Korea to 7th spot amid foreign outflows, lack of AI plays

AI boom led Taiwanese and South Korean markets to rally 69-109% so far this year

New WPI series out on June 15, but to be replaced by Producer Price Index in 2031

The release of a revised WPI series and an output PPI continues the government’s overhaul of India’s official statistics, with the CPI, GDP, and IIP having been updated so far in 2026.

Adani group posts record $16 billion capex, all-time high EBITDA of Rs 94,834 crore in FY26

The group's core infrastructure businesses accounted for 87% of the EBITDA, providing stability and visibility to earnings

Oil holds near $95 as Strait of Hormuz fears intensify

Despite the spike in crude prices, US stock markets remained resilient, with the S&P 500 and Nasdaq hitting fresh record highs.

Sensex, Nifty open lower as Iran war, outflows weigh heavy

The Nifty ⁠50 ​fell 0.66% to 23,229.15, while the BSE Sensex shed 0.43% to 73,945.20, as of ​9:15 ​a.m. IST.

India seeks edge over Asian peers in trade talks with US

Present 10% tariffs lapse in July, and Trump can use the potent Section 301 to impose higher duties

New IIP series: April industrial growth rises to 4.9% from 3.2% in March

Industrial growth for the last three years has been revised upwards. Under the 2022-23 IIP series, industrial growth in 2023-24, 2024-25, and 2025-26 is now estimated at 6.7%, 6.4%, and 4.3%, respectively, up from 5.9%,

Government gets more than 2.62 lakh applications under ECLGS 5.0, 75% from MSMEs

According to a finance ministry official, applications worth Rs 1.71 lakh crore have been received so far under the credit guarantee scheme announced last month, with Rs 35,194 crore sanctioned and guarantees worth Rs 15,720

May GST collections up only 3% YoY at Rs 1.94 lakh crore, revenue from imports jumps 19%

While the domestic GST revenue was down 2.6% in May, government sources said a 20%-plus increase in the taxable supply of goods and services is indicative of the “breadth and durability” of domestic demand.

Relief for Indian airlines: Jet fuel price for international flights cut by 27%; no change for domestic flights

With this cut, the price of jet fuel for international flights has come down to levels similar for domestic flights.

Sensex, Nifty open higher; rupee falls 9 paise to 94.94 against US dollar

The Indian rupee slipped 9 paise to 94.94 against the US dollar in early trade, pressured by a spike in crude oil prices, uncertainty over US-Iran talks, and heavy foreign portfolio investor outflows.

LPG Price Hike: Commercial LPG prices hiked by Rs 42 in Delhi, Rs 53.50 in Kolkata

Commercial LPG cylinder price hike: The commercial LPG rates in Delhi and Kolkata now stand at Rs 3,113.50 and Rs 3,255.50 respectively.

US team in Delhi today, urgency to finalise deal

Trade talks come as new tariffs set to replace reciprocal tariffs in July.

West Asia crisis: Govt waives import duty on cotton till October 30

This is the second time in the last 12 months that the duty has been removed.

No AI play: Declining trend of India’s MSCI weight continues

At 14.21%, Taiwanese chip giant TSMC on its own has a greater weight than India on MSCI’s EM index.

Inflation outlook warrants ‘vigilance’, consumption may face headwinds: Finance Ministry report

The comments by the finance ministry come days before the Reserve Bank of India’s Monetary Policy Committee announces its interest rate decision on June 5.

MSCI rebalancing sees markets slumping 1.5% in late trade

According to Nuvama Quantitative and Alternative Research, the excluded stocks are expected to trigger passive outflows between $136 million and $281 million, while the inclusions are seen attracting inflows between $209 million and $491 million.

Government dials fund managers for gig workers’ safety net

“We are in the process of creating various schemes and engaging with several fund managers to ensure the schemes are operationalised,” Pednekar said.

Amazon Fashion’s ‘Wardrobe Refresh Sale’ reflects how AI-led discovery is reshaping fashion shopping in India

Amazon Fashion’s 18th edition of the ‘Wardrobe Refresh Sale’ taps into trend-led styles, everyday essentials and premium fashion picks with 50-80% off on top brands

FPIs offload $3.45 bn of Indian equities in May, but pace of selloff slows

On Friday, the BSE’s benchmark Sensex index ended 1,092.05 points or 1.4% lower at 74,775.74.

Government asks oil companies to build 30-day LPG reserves amid Hormuz supply risks

Speaking to reporters, Sharma said that the proposal is still at an early stage and declined to comment on a timeline for these reserves to be created.