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    Stock markets end flat ahead of RBI's monetary policy decision
    Rupee falls 7 paise to close at 95.83 against US dollar
    Maruti Suzuki launches India's 1st Flex Fuel car
    Congress raises questions on 'substantial' LIC stake in firm under SEBI scanner
    Rupee trades in narrow range against US dollar in early trade
    Resilience by Design: Lessons from India’s Banking Sector - Speech by Shri Swaminathan J, Deputy Governor, Reserve Bank of India, on June 1, 2026, a...
    IEPFA and SEBI to Organise ‘Niveshak Shivir’ in Bhopal on 5th June
    NPCI International and ACLEDA Bank Launch Cross-Border UPI Payments in Cambodia via KHQR, Cambodia’s National QR Code
    CBSE says 3.8 million-packet DoS attack on website thwarted
    CBI arrests I-T officer for taking Rs 4,000 bribe for deleting duplicate PAN record
    Five held for impersonating police
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    Indo-US trade deal almost done, just 1 pc sticking points under discussion: Ambassador Gor
    Cabinet approves Rs 10,000 cr jet fuel stabilisation fund to ease airline cost pressures
    CCI approves proposed combination related to restructuring of UPL group companies and others
    CCI approves acquisition of Macquarie AirFinance by Dubai Aerospace Enterprise (DAE) Ltd through DAE Eirecam Designated Activity Company
    Court formally frames charges against Jacqueline, Sukesh in money laundering case
    US proposes 12.5% tariffs on India, others on concerns over forced labour; India remains engaged in talks
    India remains engaged with the U.S. on Section 301 proceedings and for finalisation of a framework agreement
    Release of Uniform Guideline for Compilation of District Domestic Product (DDP) Estimates with Base Year 2022-23
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    June 4, 2026
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    Monetary policy caution keeps equities flat amid West Asia tension, elevated crude and foreign fund outflows
    Indian equity benchmarks ended almost flat in choppy trade as investors stayed cautious amid West Asia uncertainty, weak global cues, elevated crude prices and persistent foreign fund outflows. Benchmarks recovered from an early decline after buying emerged near key support levels, but sentiment remained subdued ahead of the monetary policy decision, with foreign institutional investors continuing to sell equities.
    June 4, 2026
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    Rupee depreciation on West Asia tensions keeps forex market cautious ahead of RBI policy decision
    The rupee weakened against the US dollar amid heightened geopolitical tensions in West Asia, with traders citing energy-price volatility, safe-haven demand, elevated crude oil prices and firm US treasury yields as pressure points on the domestic currency. Market participants also tracked the Reserve Bank of India's Monetary Policy Committee meeting, with inflation, growth and the rupee under review and expectations that the policy rate may be left unchanged.
    June 4, 2026
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    Flex-fuel technology in passenger cars advances energy security, ethanol adoption, and lower emissions through wider fuel-blend compatibility.
    India's first flex-fuel passenger car was launched with ethanol-blended fuel compatibility, engineered to operate on fuel blends ranging from E20 to E100. The vehicle uses advanced ECU calibration to adapt to different ethanol and petrol mixtures, reflecting the introduction of flex-fuel technology in a mainstream model and the expansion of alternate-fuel mobility beyond CNG and LPG. The launch was presented as part of a broader energy-transition agenda aimed at strengthening energy security, reducing crude oil import dependence, supporting biofuel use, lowering emissions, and promoting rural prosperity.
    June 4, 2026
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    Financial statement misrepresentation and fund diversion trigger interim market regulator action, disclosure directions, and trading restraint.
    SEBI initiated interim action over alleged large-scale misrepresentation in Rajesh Exports Ltd.'s financial statements, diversion of funds through personal and related accounts, and non-cooperation in furnishing records. The regulator directed true and fair disclosures under the LODR framework, noted the company's inadequate response to repeated summons, and cited auditor non-cooperation. It also identified Rajesh Mehta as the key decision-maker and restrained him from dealing in the company's securities until further orders, while requiring cooperation and a fresh forensic audit.
    June 4, 2026
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    Rupee pressure from equity outflows and crude-linked import costs keeps forex sentiment weak amid global tensions.
    The rupee traded in a narrow range against the US dollar as equity outflows, West Asia tensions and energy-import concerns pressured sentiment. Persistent foreign fund outflows, higher crude-linked dollar demand and outward foreign payments added to pressure on the domestic currency, while market attention shifted to the RBI Monetary Policy Committee decision amid a weakening rupee and elevated oil prices.
    June 4, 2026
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    Banking resilience through transparent stress recognition, stronger supervision and adaptive regulation shapes India's financial stability approach.
    Banking resilience is an institutional project that must be built before stress emerges, through transparent recognition of stress, balance sheet repair, stronger supervision, calibrated regulation and disciplined conduct within banks. Timely recognition of asset quality problems changes incentives across banks, borrowers, supervisors and markets, while delayed recognition increases the eventual burden of resolution. Regulation and supervision must remain risk-based, adaptive and attentive to governance, technology risk, cyber resilience, customer conduct and emerging vulnerabilities.
    June 4, 2026
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    Investor facilitation through Niveshak Shivir enables direct help for unclaimed dividends, shares, KYC updates, and grievance redressal.
    Investor facilitation is being organised through a one-day Niveshak Shivir in Bhopal by the Investor Education and Protection Fund Authority and the Securities and Exchange Board of India. The camp is designed as a one-stop platform for investor services, with direct assistance for issues relating to unclaimed dividends and shares, including claims connected with holdings remaining unclaimed for six to seven years. It also provides on-the-spot KYC updation, nomination-related services, and immediate support for pending claim-related issues.
    June 4, 2026
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    Cross-border UPI acceptance in Cambodia expands QR payments and sets up a two-way India-Cambodia payment corridor.
    UPI acceptance has been launched in Cambodia through NPCI International and ACLEDA Bank Plc. using Bakong's KHQR, enabling Indian travellers to make QR-based payments at Cambodian merchants in the first phase. The arrangement is intended to expand into a two-way corridor, allowing Cambodian users to scan UPI QR codes in India and creating interoperable cross-border digital payments.
    June 4, 2026
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    Online verification and re-evaluation process for Class 12 answer books operates through Aadhaar-based login, secure payment gateways, and strict digital submission rules.
    CBSE's online portal for verification of issues in scanned answer books and re-evaluation of Class 12 board examination answers permits only students who have obtained scanned copies of their evaluated answer books to apply digitally within the notified period. The process is conducted entirely online through Aadhaar-based login, with applications accepted only after completion of payment and locked once the freeze-and-proceed option is used. The facility allows reporting of issues such as missing pages, blurred pages, incorrect answer books, and evaluation against a different question paper set, subject to the specified submission rules.
    June 3, 2026
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    Corruption allegation over duplicate PAN deletion leads to CBI trap, arrest and case under anti-bribery law.
    An Income Tax officer was allegedly caught accepting a bribe for deleting a duplicate PAN record after a CBI trap operation. A complaint was made after an alleged demand for a higher amount, and a case has been registered under the Prevention of Corruption Act.
    June 3, 2026
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    Police impersonation gang used kidnapping and digital fraud to extort money from victims.
    A five-member gang was arrested for allegedly committing kidnapping, extortion and cheating by impersonating police officers. The accused reportedly intercepted a victim, falsely claimed that a criminal case was pending against him, forcibly took him away, confined him, seized his mobile phone, ATM card and cash, and coerced him into disclosing banking credentials and passwords. A fake video call from a purported police officer was also used to reinforce the deception.
    June 3, 2026
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    Forced labour trade concerns weigh on the rupee as proposed additional duties and capital outflows hit sentiment
    The rupee weakened against the US dollar amid strong dollar demand, higher crude prices, foreign capital outflows and market risk aversion linked to proposed additional duties on Indian imports over forced labour concerns. The United States Trade Representative proposed additional duties under Section 301 investigations concerning forced labour and excess industrial capacity, while India is engaged with the United States on those issues and on an interim trade agreement.
    June 3, 2026
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    Indo-US trade agreement nears finalisation as negotiators work through remaining sticking points and interim pact details.
    India and the United States were said to be close to finalising an interim bilateral trade agreement, with only a small number of remaining issues under discussion after most elements had already been settled. The negotiations were described as focused on resolving the last sticking points so the pact could be signed and put into force. The report also noted United States Section 301 trade actions affecting multiple economies and stated that the resulting tariffs were applied globally rather than specifically against India.
    June 3, 2026
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    Fuel price stabilisation support approved to cushion airlines from aviation turbine fuel volatility and preserve air connectivity.
    A fuel price stabilisation mechanism has been approved to cushion scheduled Indian airlines against exceptional aviation turbine fuel volatility arising from the West Asia crisis. The arrangement provides a one-time, interest-free advance to state-owned oil marketing companies so that jet fuel can be supplied at a fixed or benchmark-linked price, with compensation payable to those companies when import parity prices rise above the government-determined benchmark. Participating airlines must buy ATF exclusively from oil marketing companies under supervised agreements, and the support is time-limited with recovery through a defined true-up mechanism.
    June 3, 2026
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    Group restructuring of UPL businesses approved for transfer of India and global crop protection verticals.
    The proposed combination concerns a group restructuring within the UPL corporate structure and was approved by the Competition Commission of India. The transaction comprises interconnected steps involving UPL Limited, UPL Sustainable Agri Solutions Limited, UPL Global Sustainable Agri Solutions Limited, UPL Crop Protection Holdings Limited, TPG Upswing Limited, Platinum Jasmine A 2018 Trust and Woodhall Holdings (DIFC) Limited, and is directed at reorganising the ownership and holding arrangements of the UPL group companies.
    June 3, 2026
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    Competition approval for aircraft leasing acquisition through a downstream holding structure in a proposed combination.
    The Competition Commission of India approved the proposed combination involving the acquisition of Macquarie AirFinance Limited by Dubai Aerospace Enterprise (DAE) Ltd through DAE Eirecam Designated Activity Company. The transaction was structured as an acquisition from the target's current shareholders, with DAE Eirecam described as a downstream holding of the acquirer.
    June 3, 2026
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    Money laundering and organised crime charges were framed amid allegations of impersonation, extortion, conspiracy and concealment of proceeds of crime.
    Charges were formally framed in a money laundering prosecution and in a separate organised crime case arising from allegations of impersonation, extortion, cheating, criminal intimidation and conspiracy. The accused, including Jacqueline Fernandez and Sukesh Chandrashekar, appeared in court and pleaded not guilty, claiming trial. The proceedings also covered charges under the Prevention of Money Laundering Act and, in the separate matter, offences under the IT Act and the Maharashtra Control of Organised Crime Act for alleged organised criminal activity and possession of unaccountable wealth.
    June 3, 2026
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    Forced labour import concerns drive proposed US tariff action on India amid pending Section 301 proceedings and trade talks
    The United States has proposed additional import duties of 12.5% on goods from 54 economies, including India, and 10% on six others, under pending Section 301 proceedings concerning imports of goods produced with forced labour. The measure remains unfinalised, with hearings, testimony summaries and written comments scheduled before any final decision. India says it remains engaged in the proceedings and in parallel bilateral trade talks, while the proposal also includes a special mechanism for textile and apparel products.
    June 3, 2026
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    Section 301 tariff proposals draw stakeholder hearings as India continues engagement on a framework agreement.
    The United States Trade Representative has proposed additional tariffs under Section 301 after concluding investigations against 60 economies, including India, with exclusions for section 232 products and certain others. A special mechanism is proposed for textile and apparel imports, and stakeholders may participate in hearings and submit written comments before a final decision is taken. India remains engaged in the Section 301 proceedings and in finalising a framework agreement with the United States.
    June 3, 2026
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    District Domestic Product standardisation advances uniform district economic estimates through bottom-up methods and consistent data allocation.
    Uniform guidelines for compilation of District Domestic Product estimates with base year 2022-23 have been finalized and released after stakeholder consultation on the draft framework. The guideline provides a standardized approach for preparing district-level economic estimates across States and Union Territories, covering concepts, data sources, estimation procedures and methodologies for Gross District Domestic Product, Net District Domestic Product and per capita income. It prioritizes the bottom-up approach where district-level data are available and recommends top-down methods and allocation indicators where information is insufficient.

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      Customs, DGFT & SEZ

      India remains engaged with the U.S. on Section 301 proceedings and for finalisation of a framework agreement

      June 3, 2026

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      The United States Trade Representative (USTR) has concluded investigations against 60 economies, including India, regarding measures of these economies to prevent the import of goods. As a result, the USTR has proposed imposing additional tariffs on imports from the 60 economies under Section 301 of the U.S. Trade Act of 1974. Products covered under section 232 tariffs and certain other products are excluded from these tariff proposals. A special mechanism has also been proposed for textile and apparel products that could allow a certain volume of imports from selected economies to enter the U.S. at lower tariff rates.

      As per the report, the proposed tariffs are not yet final and stakeholders can submit requests to participate in public hearings by 22 June 2026. Written comments can be submitted until 6 July 2026. Public hearings will be held on 7 July 2026. The USTR will consider the comments and testimony received before taking a final decision on the proposed measures.

      India remains engaged with the U.S. on the matter as a part of Section 301 proceedings. India is also parallelly engaged with the US for finalisation of a framework agreement as was announced on 2nd February 2026 and in accordance with the joint statement released on 7th February 2026.

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