The Hindu

With optimism continuing that a tentative U.S.-Iran deal on their war will reopen the Strait of Hormuz at the end of the week and get the global flow of oil going again, the price for a barrel of Brent crude fell 5.4% to $78.66.

Indias Great Nicobar Project is moving closer to reality. What began as a proposal for a transshipment port has evolved into a massive plan involving a new airport, township, tourism infrastructure, industrial zones and a projected population increase from fewer than 10,000 people to more than three lakh. Supporters argue that Great Nicobars location near the Strait of Malacca could strengthen Indias economic and strategic position in the Indo-Pacific. Critics warn that the project could irrever

Sanjiv Ranjan, IORAs Secretary-General, said member states could benefit from Canadas inclusion into the fold considering its expertise in varied maritime domains.

The ecosystem is ready; our startups are doing some phenomenal work; there are tried and tested models in India; the market is large; government will help connect you to the market, says Union Minister Piyush Goyal

The revised rates apply for the fortnight commencing June 16

While the rural unemployment increased from 4.6% in April to 5.1% in May, the urban unemployment decreased marginally from 6.6% in April to 6.4% in May

NSE Nifty surged 231 points, or 0.98%, to end at 23,853.90, the Sensex jumped 736.38 points, or 0.97%, to settle at 76,264.33, rising for the second day

Paithan Road and Beed Bypass Positioned as Chhatrapati Sambhajinagars Most Promising Real Estate Corridors Amid Industrial Expansion and Infrastructure Growth: Liases Foras Report

The Commerce and Industry Ministry released the Wholesale price index (WPI)-based inflation data revising the base year to 2022-23, from 2011-12 earlier

The Chief Minister met Indias High Commissioner and venture capitalists, and pitched Andhra Pradeshs strengths in electronics and natural farming

The narrow waterway between Iran and Oman handles roughly a fifth of global oil consumption and serves as the primary export route for major Gulf producers

Bidadi township was not in the interest of the State, but will help land mafia and land grabbers profit. The Janata Dal (Secular) will stand with the farmers and seek legal remedy against the project, says Union Minister for Heavy Industries

The economy grew by 7.8% in the last quarter of 2025-26 when the West Asia crisis started as against 7.7% average growth in the year

Tomato and rice prices go up; higher fuel prices push up transport costs

It will not only improve connectivity but also attract investments, support exports, and prove citys global competitiveness. An airport must be viewed not only as a transport hub, but also as a strategic economic asset, they say at a panel discussion

Coal exchanges can balance out energy scarcities across India

Work-life balance, hybrid jobs and affordability are pushing demand beyond metros, turning smaller cities into the next big investment frontier

While bulk users such as telecom towers and industries using diesel for power generation and other feedstock needs are charged market price, the retail pump rates are way lower than cost

At NITI Aayog Governing Council meet, A.P. Chief Minister calls upon States to focus on strengthening infrastructure, ensuring policy stability and expediting approvals rather than engaging in unsustainable incentive-based competition for attracting investments

Oil prices jumped as much as 2% on Thursday (June 11, 2026), extending similar gains the day before

Net inflows into equity schemes stood at 22,908 crore in May, compared with 38,440 crore in April, 40,450 crore in March, 25,978 crore in February and 24,028 crore in January

Hindustan Unilever, Reliance Industries, Kotak Mahindra Bank, Asian Paints, Trent and ICICI Bank were among the biggest winners from the Sensex index

According to traders, the Indian rupee is trading with a negative bias and remains under severe pressure due to renewed geopolitical tensions in West Asia

Introduced in March this year, the legislation proposes comprehensive amendments to both the Companies Act, 2013, and the Limited Liability Partnership (LLP) Act, 2008

NTPC, Tata Steel, Infosys, Power Grid and Tech Mahindra were among the laggards

The rupee is likely to trade a 95.40-95.80 range with weakening bias, IFA Global said in a research note

Fitch said it expects a slowdown in economic growth in FY27 from the 7.4% clocked in FY26 as rising prices erode real incomes and dampen consumer spending, amid a resilient capital expenditure

PMUY has provided more than 10.55 crore LPG connections since it was formally inaugurated in 2016.

Officials at the Petroleum Ministry informed that OMCs were absorbing daily losses in the range of 600-700 crore daily from the sale of petrol, diesel and LPG combined

He underscores the need to use States port-maritime sector as the chief catalyst for its future development, stresses the need to overcome challenges posed by pollution, climate-change-related challenges and coastal erosion

Market valuation of Reliance Industries dropped 39,718 crore to 17,47,321.40 crore

Today, India's economy is one of the key drivers of global energy consumption growth, says Igor Sechin, chief executive of Russian oil producer Rosneft

The proposal formed part of two policy documents handed over by the Kufos to Fisheries Minister Abdul Gafoor during his first official visit

Russias share stood at about 34% in terms of the volume of Indias oil imports in April 2026. At the same time, Indias dependence on oil from the U.S. fell to multi-month lows in terms of both value and volume.

Based on unaudited provisional figures put out by the office of the Principal Accountant General (Accounts and Entitlements), Tamil Nadu, the growth rate worked out for SOTR in 2025-26 vis--vis 2024-25 was 6.8%

From the high streets of Chennai, which is Indias second-largest jewellery leasing market, to tier-II towns, jewellers are Tamil Nadus newest property power players

The GDP growth rate of 7.7% in FY 2025-26 and 7.8% in Q4 of FY 2025-26 reflects robust economic activity and broad-based growth across sectors, says BJP President Nitin Nabin

Answering another question on what worries the RBI the most, he said, Its the duration of the conflict and the time it would take for the restoration of the supply chain.

Petroleum Minister Hardeep Singh Puri also mentioned that the E85 variant of fuel is meant for specially-designed flex fuel vehicles with compatible engines

According to that framework, the U.S. had agreed to reduce tariffs on India to 18% from 50%. It had removed the 25% tariffs on Indian goods for buying Russian oil and was to cut the remaining 25% to 18% under the pact

The proposed move is expected to make the governments B-to-A Khata conversion scheme more attractive, while contributing to densification of the city

Nominal GDP, or GDP at current prices, has been estimated to attain a level of 346.36 lakh crore in 2025-26, against 318.07 lakh crore in 2024-25, showing a growth rate of 8.9%

Further, the government also announced that 15, 30, and 40-year tenor bonds will be added to investment under fully accessible route (FAR) framework, which allows non-residents to invest in specific government securities, known as specified securities, without facing any quantitative restrictions

The RBI has also decided to increase the limits for investment by NRIs and OCIs in equity instruments traded on the stock market without SEBI registration

Governor Malhotra announced that the Real GDP growth has been projected at 6.6%, down by 0.3% from earlier projection of 6.9% for FY27

The six-member MPC started its three-day deliberations on Wednesday (June 3, 2026)