Indian stock markets absorbed the RBI’s hold decision with real estate and auto sectors selling off as hopes of near-term rate cuts diminished.
Category: Business
Europe Builds Strategic Quantum Computing Capabilities as AI Dependency Grows
European governments and investors are channelling funds into silicon-based quantum computing as a long-term alternative to dependence on US AI infrastructure.
RBI Governor Highlights Macroeconomic Strength at New York Global Investor Roundtable
RBI Governor Sanjay Malhotra met with global institutional investors in New York highlighting reforms and India’s economic fundamentals to attract more FDI.
India Advance Tax Deadlines and New SEBI Rules Set to Impact Investors in June 2026
Multiple regulatory changes including new SEBI margin norms and updated advance tax rules are set to alter investment and banking practices across India.
India RBI Forex Reserves Hit 700 Billion Dollar Mark Amid Global Uncertainty
India’s foreign exchange reserves stood at approximately 700 billion dollars providing a buffer against currency pressure from the ongoing global energy shock.
US Treasury Sanctions New Iranian-Linked Entities to Tighten Hormuz-Related Pressure
Fresh US Treasury sanctions targeted multiple entities connected to Iranian oil trade networks as Washington maintained economic pressure on Tehran.
India Amazon Walmart Flash Deals Drive Ecommerce Surge Ahead of Prime Day
Online retail activity surged in India ahead of Amazon Prime Day with Walmart’s weekly Flash Deals also attracting heavy consumer interest.
AI Coding Tools Boom as Anthropic Reports Over 80 Percent of Code Written by Claude
Anthropic disclosed that more than 80 percent of new code merged into its codebase in May 2026 was written by its Claude AI model.
India Cockroach Janta Party Protest Demands Education Minister Resign Over NEET 2026 Scandal
Activists gathered at Jantar Mantar in New Delhi demanding Education Minister Dharmendra Pradhan’s resignation over the NEET 2026 paper leak controversy.
Shield AI Under Scrutiny After Drone Crashes and Training Injury Involving Romanian Navy Official
Defense startup Shield AI faces investigation after Reuters reported more than 50 crashes of its V-BAT drone and a May accident that injured a Romanian naval officer.