India’s economy grew 7.7 per cent in the financial year 2025-26, accelerating from 7.1 per cent in the previous year, beating estimates despite global uncertainties, according to the latest official data released on Friday, June 6, 2026. In the January-March quarter (Q4FY26), the Indian economy expanded 7.8 per cent year-on-year, higher than the 7.0 per...
Gold and silver prices in India on June 5, 2026, fell slightly across major cities, as global markets reacted to geopolitical tensions in West Asia and mixed signals from the US dollar. Precious metals, which are traditionally considered safe-haven assets, have not shown sharp upside, indicating cautious investor sentiment and stable domestic demand. As per the...
The Union Cabinet on Wednesday approved a one-time price stabilisation fund of ₹10,000 crore to help Indian airlines manage soaring aviation turbine fuel (ATF) prices amid the ongoing West Asia conflict. The support will be provided to oil-marketing companies (OMCs) in the form of interest-free advances through the Ministry of Petroleum and Natural Gas. The...
Oil prices rose in early Asian trade on Wednesday after yet another escalation in the Middle East, with Iran firing missiles at Kuwait and Bahrain, and the U.S. firing on and disabling an oil tanker heading toward Iran. At the time of writing, Brent front-month futures had climbed 1.09% to trade at $97.05 per barrel, while West Texas...
In what is being described as one of the most contentious exchanges between the two leaders since Trump returned to office, the US President reportedly unleashed a profanity-laced tirade at Israeli Prime Minister Benjamin Netanyahu in a phone call, accusing him of reckless military escalation in Lebanon and threatening to unravel Washington’s sensitive negotiations with...
Mumbai: Tata Trusts chairman Noel Tata conveyed to Tata Sons board after the meeting last week that several key issues remained unresolved, rendering any formal discussion on the reappointment of the holding company’s chairman N Chandrasekaran premature, said people familiar with the matter.
ICE Brent is set to post its largest weekly loss in two months, dropping by almost 10%, as media reports present a 60-day extension of the current ceasefire and a temporary Hormuz navigation deal as close to being a done deal. Whether US President Trump and Iran’s Supreme Leader Khamenei agree to the deal or...
Byju Raveendran, founder of embattled edtech company Byju’s, has been sentenced to six months in jail by a Singapore court for contempt of court, reported Bloomberg. The dramatic fall of one of India’s biggest startup success stories took another sharp turn. The court reportedly found that Raveendran repeatedly violated multiple court orders linked to his...
Elon Musk’s rocket and satellite company SpaceX unveiled its long-awaited initial public offering filing, opening its books to investors for the first time and setting the stage for what could become the largest and most consequential stock market debut in US history. The listing could value the company at as much as $1.75 trillion, instantly...
Oil prices edged lower for a second session in a row on Wednesday after U.S. President Donald Trump reiterated that the conflict with Iran would end “very quickly”. However, markets remained cautious as uncertainty persisted over peace negotiations and ongoing disruptions to Middle East oil supplies.