Business
June 2026 bank holidays: When and where will banks remain closed? Check state-wise list
Planning a bank visit in June? You might need to check the bank holiday list first! Customers should plan their bank trips in advance as branches in several states are headed for holidays in the month of June. Since these holidays differ from state to state, it is better to check the holiday list first…
Bullion movement: Gold prices to track US–Iran peace talks, Fed signals and key data releases this week
In the upcoming week, gold prices will be shaped by developments in US–Iran peace negotiations, movements in crude oil rates and a series of macroeconomic data releases. Analysts have said that speeches by officials of the US Federal Reserve could also play a key role in shaping interest rate expectations, which in turn may guide…
India’s domestic air traffic falls 4.2% in April amid weak demand and rising costs
Domestic aviation in the country slowed down in April, with passenger traffic slipping 4.2% to just over 1.38 crore compared to March, according to the latest data released by the Directorate General of Civil Aviation (DGCA). The decline comes amid multiple headwinds, including relatively softer travel demand.The DGCA figures showed that airlines transported more than…
Hormuz to home: How Middle East conflict is rewriting your kitchen math — Explained in 10 charts
Whether you care about geopolitics or not, your monthly budget has already become an unwilling expert in it!From your morning chai to late-night dessert cravings, the Middle East crossfire is quietly sneaking into your kitchen bills, one price tag at a time. But thankfully, not everything in your grocery list is feeling the heat!The conflict,…
Stock market recap: Seven of top-10 firms lose Rs 1.54 lakh crore in value; Reliance suffers steepest fall
Seven of India’s 10 most-valued companies saw their combined market valuation shrink by Rs 1.54 lakh crore last week, with Reliance Industries accounting for the biggest decline. The losses came during the holiday-shortened trading week in which the BSE Sensex fell 639.61 points, or 0.84%, while the NSE Nifty slipped 171.55 points, or 0.72%.Among the…
India-US trade talks to resume on June 1 as both sides push to finalise interim pact
Trade negotiations between India and the United States are set to gain momentum, with senior officials from both countries beginning a four-day meeting in New Delhi on Monday to work out the final details of an interim trade agreement.The US delegation will be led by chief negotiator Brendan Lynch, while India will be represented by…
Dalal Street outlook: What will guide market sentiments this week?
Dalal Street is set for a busy week as investors will be tracking domestic and global developments. The RBI’s interest rate decision, key economic data releases, crude oil prices and the evolving US-Iran situation are expected to be the main factors driving market sentiment. Market participants will also keep a close watch on macroeconomic indicators,…
FPI profile: Foreign investors continue selling spree in May, pull out Rs 32,000 crore
Foreign Portfolio Investors (FPIs) continued to exit Indian equities in May, pulling out Rs 32,963 crore amid concerns over earnings growth, weakening rupee and better opportunities in overseas markets.Data from the NSDL showed that cumulative FPI outflows from Indian equities have now reached Rs 2.25 lakh crore in 2026. The figure has already surpassed the…
Special additional excise duty on fuel exports reduced
NEW DELHI: Govt on Saturday cut the special additional excise duty (SAED) on exports of diesel, petrol and aviation turbine fuel (ATF), effective June 1.The SAED on petrol exports has been reduced to Rs 1.5 per litre from Rs 3, on diesel to Rs 13.5 per litre from Rs 16.5, and on ATF to Rs…
Indian crude basket below $100/bbl, 1st since March 6
NEW DELHI: The price of the Indian oil basket fell below $100 a barrel on Friday for the first time since March 6, as global crude prices cooled by 11% over the past week amid reports that the US and Iran may have reached a deal and that Strait of Hormuz could soon reopen for…