Today’s Paper

Front Page

HDFC Bank may pick new chairman before deciding on CEO extension

MD & CEO Sashidhar Jagdishan's tenure ends this October

Updated On: 28 Jun 2026 | 10:47 PM IST

India eyes AI-powered official stats architecture for seamless data access

Once the project is complete, India may be one of the first countries to have a dedicated LLM for its large and multilingual official economy-related statistics

Updated On: 28 Jun 2026 | 11:30 PM IST

Companies

Adani case: NY judge's query unlikely to stall DoJ move, says lawyer

A US federal judge's decision to seek a fuller explanation from prosecutors before approving the dismissal of criminal charges against Indian billionaire Gautam Adani is a procedural requirement and does not signal that the case is likely to proceed, according to a senior US lawyer familiar with federal criminal practice. "The judge's order is procedural," lawyer Chris Man said. Under Rule 48(a), the Department of Justice must obtain leave of court to dismiss an indictment, and judges can ask questions or seek additional briefing before ruling. "That, by itself, is not unusual," he said. The lawyer added that there is little precedent for a federal court compelling prosecutors to continue pursuing a criminal case once the Justice Department has decided it should be dismissed. Judges "have little discretion," he said. "There is effectively no modern precedent for a judge forcing the Department of Justice to prosecute a case that the executive branch has determined should be abandone

Updated On: 29 Jun 2026 | 12:37 AM IST

Zerodha plans foray into investment banking, seeks Sebi registration

Zerodha has applied for a Category 1 merchant banking licence from Sebi, marking its entry into IPOs and corporate finance as it diversifies beyond broking

Updated On: 28 Jun 2026 | 11:36 PM IST

Planning to develop 11K Mw pumped storage capacity: Deepak Thakur

Hinduja Renewables plans to scale capacity to 10 GW by 2030, betting on solar, wind, hybrids and pumped storage to drive its next phase of growth

Updated On: 28 Jun 2026 | 11:30 PM IST

With leverage available, FCNR (B) scheme remains attractive: P D Singh

Standard Chartered expects strong FCNR(B) inflows from key overseas centres as RBI's latest measures boost foreign currency deposits and cross-border banking

Updated On: 28 Jun 2026 | 11:30 PM IST

Lytmus AI raises ₹5 crore in pre-seed round led by Boundless Ventures

The ed-tech startup will use the fresh capital to strengthen its AI capabilities, expand its NEET-focused platform and build personalised AI mentors for students

Updated On: 28 Jun 2026 | 9:18 PM IST

US probe found no Chinese cells in solar panels: Waaree Energies

Waaree Energies said a US Customs investigation found no evidence that it exported solar modules made with Chinese-origin cells and that its US operations remain unaffected

Updated On: 28 Jun 2026 | 5:33 PM IST

Economy

India to prioritise Qatar, Bahrain FTAs over GCC trade agreement

New Delhi expects bilateral negotiations with Qatar and Bahrain to move faster than GCC-wide talks, while also preparing to revive trade negotiations with Israel

Updated On: 28 Jun 2026 | 11:15 PM IST

Board of Trade meet on July 3 to discuss $2 trillion exports target

Piyush Goyal will chair the Board of Trade meeting on July 3 to discuss boosting exports to $2 trillion by improving FTA utilisation and cutting logistics costs

Updated On: 28 Jun 2026 | 11:14 PM IST

US trade pact proposal more like one-sided market access: Ashwani Mahajan

Ashwani Mahajan says the proposed India-US trade pact has become a one-sided market access arrangement, with key differences persisting over agriculture, data and Russian oil

Updated On: 28 Jun 2026 | 11:02 PM IST

Monsoon challenge puts VB G RAM G's performance under the spotlight

As MGNREGA comes to a close, both critics and supporters keenly eye VB G RAM G's performance

Updated On: 28 Jun 2026 | 10:53 PM IST

Statsguru: Electronics hit hard by surging chip prices amid AI boom

India imported memory chips worth $6.79 billion in FY26, 53.41 per cent more than in FY25

Updated On: 28 Jun 2026 | 9:36 PM IST

Finance

GIFT City to offer fintechs runway that home turf doesn't to drive growth

Indian fintech firms are expanding into cross-border payments via GIFT City, leveraging IFSCA's PSP licence to tap trade finance, treasury and capital market opportunities

Updated On: 28 Jun 2026 | 11:31 PM IST

Generali Central General Insurance targets ₹10K cr premium in five years

The insurer plans to focus on profitable growth by expanding retail health, fire and SME insurance while reducing exposure to intensely competitive group health business

Updated On: 28 Jun 2026 | 11:21 PM IST

Going green for planet blue: Sustainable finance returns to lenders' agenda

As India finalises its climate finance taxonomy, banks are expanding green lending while experts call for deeper capital pools and stronger disclosure norms

Updated On: 28 Jun 2026 | 9:34 PM IST

ESIC forms three-member panel to strengthen internal audit after CAG report

The statutory social security body will review its audit framework and recommend reforms after the CAG flagged deficiencies in financial controls, audit timelines and record-keeping

Updated On: 28 Jun 2026 | 5:47 PM IST

Opinion

DMFs vs FPIs: Beyond the rhetoric on India's changing equity market

Foreign investors remain overwhelmingly concentrated in India's largest companies, while domestic fund flows are increasingly directed towards midcap and smallcap stocks

Updated On: 28 Jun 2026 | 10:31 PM IST

A failure to cool: Heat, smog and ignored public-health emergencies

In India, it is possible that so much more is on the ballot in every election that there is little space for issues such as public health

Updated On: 28 Jun 2026 | 10:27 PM IST

For SEZ 2.0 policy, shift focus from concessions to better governance

As the Centre reviews export promotion schemes, experts call for SEZ 2.0 reforms and shifting SEZ policy oversight to DGFT to better align with India's trade framework

Updated On: 28 Jun 2026 | 10:23 PM IST

AI's missing inclusivity: The tech revolution is amplifying gender bias

A major reason for this neglect is that women themselves are largely missing in the AI ecosystem

Updated On: 28 Jun 2026 | 10:21 PM IST

Rethinking quality control: The new order will not solve the problem

The original purpose of QCOs was to ensure quality standards to protect consumers, improve product quality, and keep substandard imports out of the Indian market. Over time, however, the policy expand

Updated On: 28 Jun 2026 | 10:01 PM IST

Beyond mfin and deposits: The next chapter for small finance banks

Small finance banks must diversify beyond microfinance and embrace digital innovation to remain relevant as customers' financial needs become more sophisticated

Updated On: 28 Jun 2026 | 9:45 PM IST

Steady, stable as she goes: India and the economic fallout of Gulf conflict

The Gulf conflict tested one kind of resilience; the years ahead will test others. India met the first test in good order. That is a reason for quiet confidence - and for getting on with the next

Updated On: 28 Jun 2026 | 9:29 PM IST

Consumer protection: Developer free to form building-wise societies

The National Commission noted that flat purchasers had given informed consent for FSI utilisation, so they could not question the additional construction later

Updated On: 28 Jun 2026 | 8:52 PM IST

Dollar and the diaspora: Old courtship, new script in forex strategy

NRI money can steady a wobble but it's not a substitute for durable capital inflows. We need structural changes in the bond and equity markets

Updated On: 28 Jun 2026 | 4:12 PM IST

Markets

Maruti Suzuki on track to sustain market share gains as demand picks up

Maruti Suzuki rallies on strong PV demand, market share gains and easing supply woes, though analysts remain watchful of El Niño's impact on rural demand

Updated On: 29 Jun 2026 | 6:49 AM IST

Mid, smallcaps rally justified; largecap fortunes hinge on FIIs: Mihir Vora

Vora says the market recovery is still in its early stages, with valuations remaining supportive

Updated On: 28 Jun 2026 | 11:32 PM IST

Mid, smallcap selling weighs on market breadth; easing oil prices may help

Profit booking in small-cap stocks and a revival in IPO activity kept market breadth weak in June, though easing oil prices may support a broader recovery

Updated On: 28 Jun 2026 | 9:56 PM IST

Margin trading facility book grows for third straight month, hits ₹1.33 trn

MTF allows investors to pay only a portion of the trade value upfront, with brokers funding the rest at an interest cost

Updated On: 28 Jun 2026 | 9:51 PM IST

Street signs: Weather derivatives navigate Mumbai rain, trading swings

Last week was the busiest for initial public offerings (IPOs) since the last week of March, with three issues hitting the market. This week, two IPOs are set to open

Updated On: 28 Jun 2026 | 9:49 PM IST

Politics

Biju Janata Dal's big gamble: Can Sujata rewrite Pandian narrative?

Sujata Rout Karthikeyan's entry into the BJD signals the party's bid for renewal but also revives questions over V K Pandian's influence and its post-2024 strategy

Updated On: 28 Jun 2026 | 11:22 PM IST

Education

Foreign universities deepen India presence with permanent local faculty

Foreign universities setting up India campuses are hiring permanent local faculty while supplementing teaching with academics from overseas campuses

Updated On: 28 Jun 2026 | 11:08 PM IST

India News

Om Malik: Tech journalist whose blog shaped how Silicon Valley saw itself

Technology journalist and GigaOm founder Om Malik helped redefine Silicon Valley coverage through independent blogging, incisive commentary and influential reporting

Updated On: 28 Jun 2026 | 11:44 PM IST

'Grateful': PM Modi thanks citizens for supporting call for austerity push

PM Modi highlights India's self-reliance push, citing the made-in-India C-295 aircraft, indigenous cruise missile test and locally built naval warships

Updated On: 28 Jun 2026 | 10:29 PM IST

Industry

Dubai's Danube Group targets nearly $4 billion launches in FY27

Danube recently launched Greenz by Danube, a townhouse and villa project, where the first phase, with a top-line potential of around $1.3 billion, has received a strong response

Updated On: 28 Jun 2026 | 11:52 PM IST

Electric 2-wheelers make a mark in June, cross 10% market penetration

Electric two-wheelers crossed 10% of monthly registrations for the first time in June as rising adoption and new electric motorcycle launches gather pace

Updated On: 28 Jun 2026 | 10:48 PM IST

FMCG firms stall price hikes as lower oil prices support volume growth

Consumer goods companies are delaying planned price hikes as easing crude oil prices reduce input cost pressures, helping them protect volume growth amid a fragile demand recovery

Updated On: 28 Jun 2026 | 10:45 PM IST

GLP-1 rush exposes capacity crunch at India's drug manufacturing firms

Demand for GLP-1 drugs such as semaglutide is exposing capacity gaps across peptide APIs, sterile fill-finish facilities, injector devices and glass cartridges

Updated On: 28 Jun 2026 | 10:38 PM IST

Govt plans easing licence timelines for moderate, high-risk medical devices

Draft amendments to the Medical Device Rules seek to reduce manufacturing licence timelines for Class B, C and D devices to improve regulatory efficiency and ease of doing business

Updated On: 28 Jun 2026 | 10:04 PM IST

Stakeholders to meet commerce ministry on June 30 over SEZ issues

The commerce ministry has called a meeting of stakeholders on June 30 to discuss issues related to special economic zones (SEZs), an official said. The meeting will focus on issues related to the harmonisation of export promotion schemes and SEZ reforms, the official said. The issues which are expected to figure in the deliberations include INR payment for SEZS to domestic tariff area (DTA) services; job work by units of these zones for DTA without linkage to exports, import substitution, reforms in the free trade warehousing zones, and further promoting ease of doing business in these enclaves. The government has set up a 17-member committee to suggest larger reforms in the policy for these zones. It is undertaking a background study focused on the harmonisation of various prevalent export promotion schemes, including SEZs, export-oriented units (EoUs), MOOWR (Manufacturing and Other Operations in Warehouse), Advance Authorisation (AA), EPCG (export promotion for capital goods), a

Updated On: 28 Jun 2026 | 9:50 PM IST

Tiruppur clocks record ₹46,000 cr exports in FY26, eyes ₹1 trn by 2030

India's knitwear hub achieved record exports despite tariff and geopolitical uncertainties, with the industry betting on MMF products and FTAs to drive future growth

Updated On: 28 Jun 2026 | 9:45 PM IST

Tripura eyes bigger global pineapple market with ₹236-crore 'Mission Queen'

The Queen variety of pineapple, found in Tripura, is known for its exceptional sweetness, fibreless pulp, aroma, and quality

Updated On: 28 Jun 2026 | 8:05 PM IST

Book

The Nord Stream Conspiracy: An international war story in blockbuster prose

Bojan Pancevski's The Nord Stream Conspiracy traces the planning, execution and fallout of the 2022 pipeline sabotage through an in-depth investigation

Updated On: 28 Jun 2026 | 10:38 PM IST

World News

Venezuelan tremors: Earthquakes push healthcare system to the brink

Two powerful 7.2 and 7.5 earthquakes struck within a minute of each other on Wednesday evening

Updated On: 28 Jun 2026 | 10:20 PM IST

US lags in social media restrictions for kids, but a reform push is growing

Amy Neville describes Kristin Bride as her "soulmate." But the day that forged their bond - June 23, 2020 - was the worst of each of their lives. Both Bride and Neville lost their teen sons that day. Their kids lived a thousand miles apart and never met, but they both died from harms related to their social media use. When the two mothers met, early in their advocacy work to protect other kids, Bride said she had felt "totally alone." But they have since seen the online child safety movement blossom, with scores of other parents who lost kids pursuing stronger social media safeguards and legislation to protect children online. With that momentum, advocates say the tide seems to be turning. A pair of landmark jury verdicts this year showed a way forward for holding tech companies accountable. And while the U.S. is nowhere near embracing social media bans for children like those seen from Australia to Indonesia, a push for regulation is simmering again in Congress. "Moving forward fo

Updated On: 28 Jun 2026 | 10:10 PM IST

France records around 1,000 additional deaths amid extreme heatwave

France saw around 1,000 additional deaths last week at the height of its record-smashing heat wave, the country's public health agency said Sunday, as Europeans elsewhere were suffering through yet another day of new temperature highs that sparked wildfires in Germany and had Berlin police using water cannons to cool down the crowds. Temperature records were toppled in several countries on the weekend as the heat wave slowly moved toward eastern parts of the continent. In Germany, a new night time temperature record was reported Sunday from Kubschutz, in eastern Saxony, where the temperature did not drop below 29.4 degrees Celsius. The nightly record came only hours after a daytime record of 41.5 C in Mockern-Drewitz in Saxony-Anhalt, according to preliminary data by the German Weather Service DWD. The previous record was set a day earlier. A new study from the World Weather Attribution, a Europe-based collaboration of scientists, reported Friday that the record-breaking heat and ..

Updated On: 28 Jun 2026 | 10:05 PM IST

Saudi Aramco helicopter crash leaves 14 dead; investigation under way

Aramco had resumed crude oil loadings on Friday at its Ras Tanura terminal in the Gulf after they were halted for nearly four months

Updated On: 28 Jun 2026 | 10:03 PM IST

Iran attacks Bahrain, Kuwait following US strikes, threatens to halt talks

Bahrain and Kuwait said on Sunday that Iran targeted their nations with drone and missile fire overnight after new US airstrikes hit Iran. The new crossfire in the Persian Gulf further strains the initial deal that Iran and the United States struck in an effort to find a permanent end to the war. Both Bahrain and Kuwait denounced the Iranian attacks, though it wasn't clear what, if anything, had been hit. The US military's Central Command said it struck Iranian military "surveillance infrastructure, communication systems, air defence sites, drone storage facilities and minelayer capabilities" following an attack on a ship at sea early Saturday morning. That ship, the Panamanian-flagged tanker Kiku, was carrying crude oil for the state-run energy company of Qatar, a key mediator between Iran and the US.

Updated On: 28 Jun 2026 | 10:02 PM IST

Rising debt, AI boom and financial fragilities raise global risks: BIS

Bank for International Settlements said rising public debt, financial vulnerabilities and uncertainties surrounding the AI boom are increasing risks to the global economy, despite resilient growth

Updated On: 28 Jun 2026 | 10:00 PM IST

External Affairs Defence Security

India, Seychelles unveil 19 outcomes to deepen maritime, defence ties

Prime Minister Narendra Modi and Seychelles President Patrick Herminie unveiled 19 initiatives spanning maritime security, defence, healthcare, digital payments, education and space

Updated On: 28 Jun 2026 | 11:19 PM IST

Can govt issue passport to a non-Indian? A look at the legal provisions

The Passports Act permits the Centre to issue passports to non-citizens in exceptional public-interest cases, even though Indian citizenship is generally required for passport issuance

Updated On: 28 Jun 2026 | 11:12 PM IST