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Though higher ethanol blending can boost energy security and reduce the oil import bill, concerns of vehicle users and environmentalists must also be addressed
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Japanese Prime Minister Sanae Takaichi will visit India from July 1-3 for the 16th India-Japan Annual Summit. She and Prime Minister Narendra Modi will review bilateral cooperation, including trade, investment and defence, besides discussing regional and global issues
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Global corporations and institutional investors have announced over USD 90 billion in fresh investments in India across AI, cloud computing, digital infrastructure and manufacturing. The commitments reflect growing confidence in India's long-term growth despite global geopolitical tensions and economic uncertainty
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Lupin Ltd has received tentative approval from the USFDA for its generic enzalutamide tablets used to treat castration-resistant prostate cancer. The approval covers four dosage strengths, including 120 mg and 160 mg variants, offering healthcare providers and patients more dosing options
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Apple has increased the prices of several MacBook and iPad models worldwide, including in India, citing rising memory chip costs driven by AI infrastructure demand. Industry experts say semiconductor shortages and higher component prices are likely to persist for at least two years
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Global crude oil prices fell nearly 2 per cent on Friday and were headed for steep weekly losses as concerns over supply disruptions eased despite fresh tensions near the Strait of Hormuz. Brent and WTI remained under pressure amid improving tanker movements
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The NSE and BSE remained closed on Friday for Muharram, suspending trading across equity and derivative segments. MCX resumed trading in the evening session, while NCDEX stayed closed. Markets will reopen after the three-day weekend, subject to the trading calendar.
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The Labour Code offers a once-in-a-generation opportunity to build a fair, productivity-linked wage system that delivers dignity and growth
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India has successfully exported its first commercial sea shipment of 5 metric tonnes of Banganapalle mangoes to Singapore, facilitated by APEDA. The consignment showcased the viability of sea freight for horticultural exports while nearly doubling returns for mango growers
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Amazon has announced plans to invest $48 billion in India between 2026 and 2030, including an additional $13 billion for AI and cloud infrastructure. The investment will expand AWS data centres in Mumbai and Hyderabad, support job creation, boost exports, and strengthen India's digital and artificial intelligence ecosystem
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Premium designer jewellery brand Suvarnam Jewels has opened its second showroom in Hyderabad at Banjara Hills. The new outlet features gold, diamond, Polki and Kundan collections, along with exclusive bridal and customised jewellery, reflecting the brand's growing presence in the city.
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The rupee appreciated 31 paise to 94.24 against the US dollar in early trade on Thursday, supported by falling global crude oil prices, a weaker dollar index and positive domestic equity market sentiment. However, continued foreign institutional investor outflows limited further gains in the local currency
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Gold and silver prices witnessed sharp intraday volatility on Thursday as investors assessed prospects of further US Federal Reserve rate hikes, a stronger dollar and easing geopolitical tensions. Analysts said bullion remained under pressure despite intermittent buying, with markets awaiting key US inflation data.
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India's equity markets remained resilient in May 2026 despite global uncertainties, foreign investor outflows and inflationary pressures. Strong domestic institutional participation, supportive corporate earnings and stable macroeconomic fundamentals helped offset challenges and sustain investor confidence across market segments
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Iranian President Masoud Pezeshkian has reportedly invited Prime Minister Narendra Modi to attend the funeral and burial ceremonies of Supreme Leader Ayatollah Ali Khamenei. The ceremonies are scheduled to be held in Tehran, Qom and Mashhad between July 5 and 9
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Amazon CEO Andy Jassy announced plans to expand its quick-commerce service, Amazon Now, to over 300 Indian cities. Order volumes have doubled quarterly, making it the fastest-growing e-commerce unit in the history of Amazon India
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Crude oil futures declined by Rs 63 to Rs 6,901 per barrel on the Multi Commodity Exchange amid weak global trends. Analysts attributed the fall to profit-booking and weak spot demand, while benchmark international crude prices also traded lower
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Gold and silver prices declined nearly 2 per cent on Wednesday amid concerns over higher global interest rates and a stronger US dollar. Analysts expect continued pressure on precious metals unless prices reclaim key resistance levels, while investors remain cautious about future market direction.
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Infosys Chairman Nandan Nilekani told shareholders at the 45th AGM that AI will not replace companies like Infosys but amplify those that adapt with speed and purpose. He projected USD 300–400 billion in AI opportunities by 2030, highlighting Infosys’ relevance in enterprise AI integration.
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NITI Aayog vice chairman Ashok Kumar Lahiri said India must diversify its energy sources in light of the West Asia conflict. He described the crisis as a short-term disruption and stressed the need for broader trade and energy security strategies
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Tata Motors Passenger Vehicles plans up to Rs 40,000 crore capex over five years to expand capacity, launch six new models and target 20 per cent market share by FY31. The company expects strong EV and CNG-led growth in coming years
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Silver futures fell sharply by over 3 per cent to Rs 2.26 lakh per kg, tracking global weakness amid a strong US dollar and rising Fed rate hike expectations. Analysts cited pressure from elevated bond yields and weak overseas demand
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Indian stock markets fell over 1 per cent on Tuesday as Sensex and Nifty declined sharply due to global weakness, IT sector selling and foreign fund outflows. Heavy losses in Infosys and TCS dragged benchmarks lower despite selective gains in some stocks
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Akasa Air aims to grow capacity by 30 per cent in the current financial year despite geopolitical uncertainties and rising fuel costs. The airline expects strong expansion in the coming years while maintaining financial stability and operational focus across domestic and international routes
