June 15, 2026

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RBI

15
Jun

RBI/2026-27/100 (Delhi)
Swap Facility for External Commercial Borrowings and Overseas Foreign Currency Borrowings

15
Jun

RBI/2026-27/101 (Delhi)
NOP-INR position of Authorised Dealer Category-I banks

15
Jun

RBI/2026-27/102 (Delhi)
Reserve Bank of India (Commercial Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026

15
Jun

RBI/2026-27/99 (Delhi)
Swap Facility for FCNR (B) Deposits

8
Jun

RBI/2026-27/98 (Delhi)
Submission of statement/return on Centralized Information Management System (CIMS)

8
Jun

Notification No. FEMA 389 (Delhi)
Foreign Exchange Management (Cross Border Merger) (Amendment) Regulations, 2026

8
Jun

RBI/2026-27/96 (Delhi)
Formation of new district in the State of Assam – Assignment of Lead Bank Responsibility

8
Jun

RBI/2026-27/97 (Delhi)
Investments by Foreign Portfolio Investors in Government Securities – Amendments to the regulatory framework

8
Jun

Notification No. FEMA 23 (Delhi)
Foreign Exchange Management (Export of Goods and Services) (First Amendment) Regulations, 2026

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LIVE MARKET

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INDIAN ECONOMY

US-Iran peace deal may help boost India's exports, stabilise rupee

The announcement that the US and Iran have finalised a deal to end their 107-day conflict and reopen the Strait of Hormuz is expected to boost India's exports to West Asia, which was severely impacted by the hostilities, spur manufacturing activity and help stabilise the rupee, according to exporters and expe...

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Electronics, pharma and engineering goods lead India's FTA dividend as export engine shifts gears

Electronics could evolve from a rapidly growing export sector into the cornerstone of India's next manufacturing and export-led growth cycle, Yes Securities said, with Monte Carlo simulations showing a 55.2% probability of generating a high FTA Opportunity Score. The brokerage sees Engineering & Machinery and...

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Quarter after quarter, year after year, India is fastest growing economy: FM Sitharaman

Finance Minister Nirmala Sitharaman on Sunday said India continues to remain the world's fastest-growing major economy, while addressing the BJP's Viksit Bharat event in Bengaluru. The finance minister slammed Congress leader Rahul Gandhi, accusing him of "undermining" the achievements of India and its peo...

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India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs bite

India's wholesale inflation stood at 9.68% in May under a new series, while food and fuel prices stayed at elevated levels amid the continuing Middle East tensions due to the US-Iran war that inflated global crude prices and strained supply chains. India's wholesale inflation had accelerated to a 42-month ...

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India’s fertiliser subsidy model is broken; direct income support is the only way forward: Ashok Gulati

India’s agriculture sector is heading into a challenging season. Concerns over a potentially weak monsoon, the possible impact of El Niño, geopolitical tensions in West Asia, and rising input costs have reignited a longstanding debate over the sustainability of India’s fertiliser subsidy regime. against this ...

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India seeks French investments in manufacturing

Commerce and Industry Minister Piyush Goyal on Sunday sought investments from France in the manufacturing sector. Speaking at the 'Bharat Innovates' event in the presence of Prime Minister Narendra Modi and French President Emmanuel Macron in Nice, France, Goyal said India can offer a huge talent pool and ...

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Nitin Gadkari signs 100% ethanol fuel rules: India to cut $250 billion import bill as Maruti, Hero, Toyota launch flex-fuel vehicles

Union Minister for Road Transport and Highways Nitin Gadkari, on Saturday (June 13), announced that India has given full legal recognition to 100 per cent ethanol blend fuel—a move that will allow vehicles to run entirely on ethanol and is expected to drastically reduce the country’s dependence on fossil fuel...

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Will PM Modi, Trump discuss India-US trade deal at G7? US says economic ties on agenda

Prime Minister Narendra Modi and US President Donald Trump are expected to hold key discussions on a possible India-US trade agreement during their meeting on the sidelines of the upcoming G7 Summit 2026 in France, with senior American officials indicating that economic ties and ongoing trade negotiations wil...

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AI can disrupt both cognitive and skilled jobs, but fear still outweighs facts: CEA Nageswaran

Artificial intelligence could prove more disruptive than earlier technological shifts because it can affect both knowledge-intensive professions and skill-based work, Chief Economic Adviser V Anantha Nageswaran has said. “AI can be more disruptive because it is coming for both cognitive and skill-based job...

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India’s energy transition at risk, import dependence for critical minerals near total

India’s 100% import dependence on key minerals, over 90% reliance on China for graphite, and heavy supplier concentration across lithium, cobalt and copper are emerging as major risks for its s energy transition, with global supply disruptions threatening availability and costs. India remains fully depende...

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MARKET & FINANCE

FPIs Withdraw Rs 62,800 Crore from Indian Equities in First Fortnight of June

Foreign investors remained sellers in Indian equities, dumping more than Rs 62,853 crore of shares in the first fortnight of June amid heightened geopolitical tensions, concerns over global economic growth and persistent weakness in the rupee. With the latest outflows, total withdrawals by Foreign Portfoli...

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Capital gains tax relief for G-Secs not end of story, more foreign capital needed: FM Sitharaman

The government may consider additional measures to attract foreign capital, Finance Minister Nirmala Sitharaman indicated on June 15, saying recent tax relief announced for sovereign debt was "not the end of the story". "We believe the bond market can be a good way to absorb the capital coming in. As of no...

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Analysis-China Bonds Emerge as Surprise Haven as Iran War Reshapes Portfolios

Global asset managers have been adding Chinese government bonds to their portfolios since the Iran war broke out, drawn not by yield but by their near-zero correlation with Western markets. Amid a global rout in sovereign debt since March that has sent benchmark yields soaring between 35 and 60 basis point...

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RBI curbs set to hit leverage, drain market liquidity

Market intermediaries are likely to face a liquidity squeeze in the near term after the Reserve Bank of India’s (RBI) tighter lending norms come into effect from July 1. Industry estimates suggest the measures could impact market liquidity by Rs 50,000-Rs 60,000 crore and significantly raise the impact cost f...

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FPI rush into G-Secs after tax relief, RBI measures

Foreign portfolio investors (FPIs) stepped up purchases of Indian government securities after the government and the Reserve Bank of India (RBI) announced measures to attract foreign capital inflows. FPIs bought Rs 11,087 crore worth of government securities through the fully accessible route (FAR) over the p...

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GLOBAL CORPORATE

Venezuela oil rush: US investors chase Trump's $100 billion call as funds target energy assets - report

US investment groups are racing to capitalise on the reopening of Venezuela's oil sector, targeting underinvested oilfields and launching new investment vehicles after US President Donald Trump's January call for companies to invest $100 billion to help rebuild the country's energy industry, the Financial Tim...

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Exclusive-ByteDance in Talks With China's Iluvatar CoreX to Purchase AI Chips, Sources Say

Chinese technology company ByteDance is in talks with Shanghai-based Iluvatar CoreX to purchase AI chips for inference work and is also considering a similar deal with Baidu, according to two sources familiar with the matter. If a deal is agreed, Iluvatar CoreX would become ByteDance's third major domestic...

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Musk Says SpaceX Could Bring $1 Trillion in Revenue by 2030

Elon Musk said on Sunday that his rocket company, SpaceX, could bring in $1 trillion in revenue by 2030, making the statement two days after the company went public, valuing it at over $2 trillion. "And I would be surprised if revenue is not greater than $1T in 2031," he wrote on his social media platform ...

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INCOME TAX

'Need a deeper look into capital gains tax on equities'

The government will examine demands for rationalising taxes on equity investments, but is not considering any knee-jerk response to stem foreign institutional investor (FII) outflows from Indian equity markets, a senior Finance Ministry official told The New Indian Express. “There is a need for a deeper st...

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Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)

Recently, the Central Board of Direct Taxes (CBDT) issued guidelines for compulsory selection of income tax returns (ITRs) for complete scrutiny and in this regard specified two deadlines, one for internal use and the other for sending tax notices. The two deadlines are: June 15, 2026: (internal deadline)...

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GLOBAL ECONOMY

Al chip boom yet to lift South Korea's wider economy, Nomura economist sees limited spillover into demand

South Korea's artificial intelligence-led semiconductor boom has yet to generate a meaningful spillover into the broader economy, even as concerns over the won and financial stability are increasing the likelihood of a Bank of Kor...

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Analysis-Why an Iran Peace Deal Won't Pull the Yen Back From the Brink

War in the Middle East pushed the yen to the brink of multi-decade lows and prompted the government to prop it up -- a peace deal, however, won't pull it back from the precipice. Stocks and bonds soared on Monday on news of the...

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Charting the Global Economy: War pushes up prices, dents growth

The impact of the Iran war continues to ripple across the world economy, pushing up prices and denting the outlook for growth. The European Central Bank raised interest rates for the first time in nearly three years, and inflat...

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INDIAN CORPORATE

Vedanta Aluminium's big five-year test: Anil Agarwal targets 10 million tonnes, $5 billion EBITDA

Vedanta Chairman Anil Agarwal said the group's aluminium business can double capacity to 6 million tonnes in about three to three-and-a-half years and has a longer-term vision to reach 10 million tonnes in around five years, as Ve...

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Amazon doubles down on India growth plans, sees current phase as its most aggressive expansion yet

Amazon is stepping up its India bet with fresh investments across ecommerce, quick commerce, artificial intelligence and exports, with the company describing the current period as its most aggressive phase of expansion in the coun...

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Adani Green to commission 14 GWh battery storage at Khavda by fiscal year-end to cut clean energy wastage

Adani Green Energy (AGEL) plans to commission a 14 gigawatt-hour battery energy storage system (BESS) at Khavda, Gujarat, by end of this fiscal year, seeking to reduce wastage of clean energy in a country that's still in the proce...

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LIC targets stronger market leadership as it approaches its platinum jubilee

LIC CEO and MD R Doraiswamy has said that despite rising competition in the life insurance sector, the Corporation will stay focused on strengthening its leadership position while contributing to the national development as it hea...

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How a pepper trader’s great-grandson built a Rs 1 lakh crore business empire

In the 1970s, a 20-year-old boy stood in the middle of Bombay’s bustling wholesale markets. Around him, shopkeepers scooped coconut oil out of large metal tins and poured it into customers’ steel containers. There were no labels, ...

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Tata Starbucks turns up the heat after reset

Six months after signalling a strategic reset and a sharper focus on profitability, Tata Starbucks is preparing to accelerate growth again. The 50:50 JV between Tata Consumer Products and Starbucks Corporation is now looking at a ...

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