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The government will launch a two-day OFS in NLC India from June 9, offering up to 3% stake with a floor price of Rs 303.
The Centre has announced a two-day OFS in NLC India for up to 3% stake at a ₹303 floor price, with non-retail bidding on June 9 and retail on June 10.
The government will sell up to 3% in NLC India via a two-day OFS, setting a Rs 303 floor price and opening bids June 9-10.
Social chatter is focused on sustained FII outflows despite steady DII support, as geopolitics, crude oil, valuations, and global AI-led rotations shape risk appetite.
Social posts cite different sources for India’s stock market size, showing market-cap figures from about $2.6T to $5T and varying global ranks.
South Korea has overtaken India to become the world’s sixth-largest equity market, as an AI-led semiconductor rally lifted Korean valuations while Indian indices weakened in 2026.
Wipro shares fell sharply after the June 5 buyback record date, with analysts calling it a price adjustment while the stock tests key support near Rs 176-180.
RBI data shows India posted a $7.1 billion current account surplus in Jan-March FY26, as services exports and remittances offset a wider goods deficit.
Vedanta has rebranded its copper and nickel units as Vedanta Copper and Vedanta Nickel, unifying assets and tying the move to 460 KTPA copper and 60 KTPA nickel targets.
Vedanta’s May 2026 demerger splits the group into five listed entities, giving shareholders four new shares in a 1:1 ratio while the residual company retains key zinc and copper assets.
RBI data shows India posted a 0.7% of GDP current account surplus in Q4 FY26, reversing the prior quarter’s deficit despite a wider goods trade gap.
Bombay High Court set aside retrospective one-time spectrum charges on Airtel and Vodafone Idea, while separate Supreme Court orders kept AGR dues intact and allowed limited government reconsideration.
Amazon is scaling its 10-minute delivery service Amazon Now to 100 Indian cities, backed by 1,000 micro-fulfilment centres and a ₹2,800 crore infrastructure push.
As Kharif 2026 nears, overlapping heatwaves, rainfall stress and higher input costs are raising concerns on crop yields, rural incomes, labour hours, and persistent food inflation.
RBI data shows India posted a $7.1 billion current account surplus in Jan-March FY26, narrower than a year earlier, as services exports offset a wider trade gap.
Domestic LPG prices rose ₹29 from June 7, taking Delhi’s 14.2-kg cylinder to ₹942, while commercial 19-kg rates also climbed across metros.