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Oil Marketing Stocks Slide as Rising Crude Prices and U.S.-Iran Tensions Weigh on Indian Markets

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Mumbai : Indian equity markets opened lower on Wednesday as surging crude oil prices and escalating geopolitical tensions between the United States and Iran triggered broad-based selling across energy, aviation, and auto stocks. Shares of major Oil Marketing Companies (OMCs), including Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL), and Indian Oil Corporation … Read more

LTM Limited Launches BlueVerse™ RightLogic to Strengthen Enterprise Cybersecurity in the AI Era

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Mumbai : LTM Limited (formerly LTIMindtree), the flagship technology consulting and digital solutions company of the Larsen & Toubro Group, has announced the launch of BlueVerse™ RightLogic, a new cybersecurity risk management framework designed to help enterprises securely adopt Artificial Intelligence (AI) while addressing evolving cyber threats. The new solution enables organizations to identify, assess, … Read more

Prime Minister Narendra Modi Inaugurates SJVN’s 1,000 MW Bikaner Solar Power Project, Boosting India’s Clean Energy Ambitions

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Bikaner, Rajasthan : Prime Minister Narendra Modi on Saturday inaugurated SJVN Limited’s 1,000 MW Bikaner Solar Power Project, one of India’s largest renewable energy developments, marking a major milestone in the country’s transition toward clean energy, energy security, and climate sustainability. The project was inaugurated from Pachpadra, Rajasthan, in the presence of several senior leaders, … Read more

Bihar Accelerates Clean Energy Transition with Solar Expansion and Green Hydrogen Policy Plans

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Patna, India |: The Government of Bihar is significantly expanding its clean energy strategy, placing a stronger emphasis on solar power, energy storage, and a proposed Green Hydrogen Policy as electricity demand across the state continues to rise. The initiative is part of Bihar’s broader effort to strengthen its energy infrastructure, support industrial growth, and … Read more

Wipro Grants 66,138 ADS Restricted Stock Units to Employees Under 2024 Equity Incentive Plan

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Mumbai, India | July 3, 2026: Wipro Limited has granted 66,138 American Depositary Shares (ADS) Restricted Stock Units (RSUs) to selected employees of the company and its subsidiaries as part of its long-term employee equity compensation program. The grant was disclosed in a regulatory filing submitted to the BSE and National Stock Exchange of India … Read more

Anupam Misra Assumes Charge as Chairman & Managing Director of Hindustan Copper Limited

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Kolkata, July 2026: Hindustan Copper Limited (HCL) has appointed Anupam Misra as its new Chairman and Managing Director (CMD), marking a significant leadership transition for India’s only vertically integrated public sector copper producer. His appointment comes at a crucial time as India accelerates efforts to strengthen domestic production of critical minerals and reduce dependence on … Read more

Coal India Boosts Power Sector Coal Supply by 5.9% in June, Strengthens Q1FY27 Performance

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Kolkata : Coal India Limited (CIL) has reported a strong increase in coal supplies to India’s power sector, reinforcing its commitment to meeting the country’s growing electricity demand during the peak summer season. According to a regulatory filing submitted to the stock exchanges, the state-owned Maharatna PSU supplied 51.44 million tonnes (MT) of coal to … Read more

Hindustan Zinc Shareholders Approve All Eight Resolutions at 60th Annual General Meeting

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Mumbai: Hindustan Zinc Limited (HZL) has announced that its shareholders have approved all eight resolutions presented at the company’s 60th Annual General Meeting (AGM) held on June 29, 2026. The voting results, declared on June 30, 2026, showed overwhelming shareholder support, with an overall 95.06% voting participation. The AGM was conducted through video conferencing and … Read more

Coal India to Close Share Trading Window from July 1 Ahead of Q1 FY2026-27 Financial Results

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Kolkata, India | — Coal India Limited (CIL), India’s largest coal producer and a state-owned mining giant, has announced that its share trading window will remain closed from July 1, 2026, ahead of the release of its first-quarter (Q1) financial results for the 2026-27 fiscal year. The company disclosed the decision through an official regulatory … Read more

PFC and REC Approve Landmark Merger to Create India’s Largest Power Financing Institution

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Mumbai, India: In a major development for India’s power and infrastructure financing sector, the Boards of Directors of Power Finance Corporation (PFC) and REC Limited have officially approved a Scheme of Merger, paving the way for the creation of the country’s largest government-owned power financing institution. Once completed, the merged entity will manage a combined … Read more

E20 Petrol vs. Normal Petrol in 2026: Does Ethanol-Blended Fuel Reduce Mileage and Damage Your Engine? Here’s the Full Truth

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New Delhi, India | Since April 1, 2026, E20 petrol—a blend of 20% ethanol and 80% gasoline—has become the standard fuel available at petrol stations across India. While the move is a major step toward reducing the country’s dependence on imported crude oil and lowering emissions, it has also raised concerns among millions of vehicle … Read more

Indian Stock Market Closed for Muharram; No Trading or Settlement on NSE and BSE

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MUMBAI, India — The Indian stock market remained closed on June 26 in observance of Muharram, one of the important holidays on the country’s financial market calendar. As a result, there was no trading activity across the nation’s two largest stock exchanges—the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The market holiday … Read more

Alibaba Sues U.S. Government, Seeks Removal from Pentagon’s Blacklist

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Washington, D.C.: Alibaba Group, one of China’s largest technology and e-commerce companies, has filed a lawsuit against the U.S. government, seeking to overturn its designation on the Pentagon’s blacklist of alleged Chinese military companies. The legal challenge marks the latest escalation in the ongoing tensions between the United States and China over technology, national security, … Read more

REC Limited Strengthens Board with Appointment of Two Independent Directors

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New Delhi, : REC Limited, a Maharatna Public Sector Enterprise (PSE) under the Ministry of Power, Government of India, has announced the appointment of Dr. Anil Kumar Gupta and Dr. Kanchiappan Ghayathri Devi as Part-time Non-Official (Independent) Directors on its Board. The appointments were made following an official order issued by the Ministry of Power … Read more

Saatvik Green Energy Limited Wins Prestigious Golden Peacock Occupational Health & Safety Award 2026

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Mumbai  – Saatvik Green Energy Limited, one of India’s leading integrated renewable energy companies, has been honored with the Golden Peacock Occupational Health & Safety Award 2026 in the Power (Renewable) Sector by the Institute of Directors (IOD), India. The award is widely recognized as one of the country’s most prestigious accolades for corporate excellence … Read more

Elon Musk Poised to Become the World’s First Trillionaire as SpaceX Eyes $1.77 Trillion Valuation

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AUSTIN, Texas — Billionaire entrepreneur Elon Musk could be on track to become the world’s first trillionaire, as reports indicate that his private space company is targeting a staggering $1.77 trillion valuation. If achieved, the valuation would dramatically increase Musk’s personal wealth and could push his total net worth well beyond the $1 trillion mark, … Read more

RBI Debunks Viral Rumor of Paper Currency Ban; Existing Notes Remain Fully Valid

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New Delhi : The Reserve Bank of India (RBI) has officially dismissed widespread social media rumors claiming that all paper currency notes will be withdrawn from circulation after June 30, 2026, and replaced entirely with polymer (plastic) banknotes. The misleading messages, which spread rapidly across WhatsApp groups, social media platforms, and online forums, sparked concerns … Read more

India Raises Household LPG Prices by ₹29; Ujjwala Beneficiaries to Pay More Despite Continued Subsidy

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New Delhi, India | Millions of Indian households are facing another inflation-driven setback after state-owned oil marketing companies increased the price of domestic Liquefied Petroleum Gas (LPG) cylinders by ₹29, effective June 7, 2026. Following the revision, the price of a standard 14.2-kilogram household LPG cylinder in New Delhi has increased from ₹913 to ₹942. … Read more

MMTC Faces Auditor Scrutiny Over ₹82.82 Crore Provision Gap as Government Pushes Complete Business Exit

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NEW DELHI, June 8, 2026: State-owned trading company MMTC Ltd. is facing heightened scrutiny after its statutory auditors issued a qualified opinion on the company’s FY2025-26 financial statements, citing a significant accounting discrepancy related to the long-running Anglo Coal dispute. The findings come at a critical time as the Government of India has directed the … Read more

India’s Russian Oil Imports Reach 11-Month High as Moscow Accounts for Nearly 38% of Total Purchases

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New Delhi  — India’s dependence on Russian crude oil continued to grow in April 2026, with Russia accounting for 37.7% of the total value of India’s oil imports, the highest level recorded in the past eleven months. The latest trade data highlights Russia’s continuing role as India’s largest crude oil supplier despite ongoing geopolitical tensions … Read more

$750 Billion Wiped Out Across Asian Stock Markets as South Korea, Taiwan, and Japan Face Sharp Sell-Off

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Seoul/Tokyo/Taipei  — Asian financial markets suffered a dramatic downturn on Friday, with an estimated $750 billion in market value erased across the region amid a broad-based investor sell-off. The sharp decline hit major stock exchanges in South Korea, Taiwan, and Japan, raising concerns about growing uncertainty in global financial markets. According to market data cited … Read more

Anand Mahindra Applauds India’s Strong GDP Growth, Warns Against Complacency Amid Global Challenges

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Mumbai  — Prominent Indian business leader Anand Mahindra, Chairman of the Mahindra Group, has praised India’s latest economic performance after official data showed the country achieved stronger-than-expected growth during the financial year 2025-26. Reacting to the figures, Mahindra said that India has “earned the right to feel good about last year” after outperforming many forecasts … Read more

LIC Holds 10.8% Stake in Rajesh Exports as SEBI Alleges ₹15.15 Lakh Crore Revenue Inflation

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New Delhi  — India’s largest state-owned insurer, Life Insurance Corporation of India (LIC), is facing increased scrutiny after regulatory filings revealed it held a 10.8% stake in Rajesh Exports as of March 2026. The development comes after India’s market regulator, the Securities and Exchange Board of India, accused the company of allegedly inflating revenues by … Read more

IGL Appoints Ajai Tyagi as Head of Business Development & Corporate Strategy Following Leadership Transition

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New Delhi : Indraprastha Gas Limited (IGL), one of India’s largest City Gas Distribution (CGD) companies, has announced the appointment of Ajai Tyagi as Head of Business Development & Corporate Strategy, effective June 1, 2026. The leadership change comes following the retirement of Sanjeev Kumar Bhatia, who previously led the strategic business function within the … Read more