‘Iran won’t surrender, any US military intervention will cause irreparable damage’: Khamenei warns Trump

On Tuesday, US President Donald Trump issued a direct warning to Iran and demanded its ‘unconditional surrender’   A day after US President Donald Trump issued a direct warning to Iran and demanded its ‘unconditional surrender’, Iran’s Supreme Leader Ayatollah Ali Khamenei hit back with a defiant message, saying the Iranian people will not submit…

SEBI approves relaxed delisting norms for PSUs with over 90% government holding

The move introduces special provisions for PSUs where the Government of India and/or other PSUs hold 90% or more equity, allowing them to exit the markets through a fixed price delisting mechanism.   The Securities and Exchange Board of India (SEBI) has approved key amendments to the SEBI (Delisting of Equity Shares) Regulations, 2021, aimed…

Vedanta to trim Hindustan Zinc stake via Rs 7,500 cr block deal amid capex push

Vedanta Ltd is set to divest shares worth up to ₹7,500 crore in Hindustan Zinc Ltd through block deals, with the sale likely priced at a discount of up to 10% from the stock’s last closing value.   Hindustan Zinc, once a state-owned enterprise, is now a key subsidiary of Vedanta Ltd and India’s largest…

Why did Sensex, Nifty surge nearly 1% despite Israel-Iran conflict? Here’s what experts say

Every fresh negative headline may cause temporary jitters, but the broader trend remains bullish, says a market expert   The benchmark indices Sensex and Nifty rose nearly 1 percent on Monday, driven by gains in IT and oil stocks, value buying and a rebound in global equities amid easing crude oil prices despite tensions in…

Big MFs reduce cash holdings in May; over 60% of equity schemes see a dip

Out of 43 mutual fund houses analysed, 16 increased their cash holdings while 27 reduced them. The largest cuts came from some of the biggest fund houses. Most experts remain positive on Indian markets. In a recent note from Bandhan Mutual Fund, they highlighted that India has been the top performing market globally over the…

Vedanta board to consider first interim dividend for FY26 on June 18

  Vedanta Limited on Friday announced that its board of directors will meet on 18 June to consider and approve the first interim dividend, if any, on equity shares for the financial year 2025–26.   “Please note that the record date for the purpose of determining the entitlement of the equity shareholders for the said…

Air India crash puts Boeing 787 Dreamliner back in spotlight: Whistleblower warned of ‘ticking time bomb’

Touted as a game-changer for long-haul travel, the Dreamliner’s legacy has increasingly been overshadowed by a trail of technical flaws, manufacturing lapses, and mounting safety fears. Michael Gordon Whitaker is an American lawyer who served as the 19th administrator of the Federal Aviation Administration (FAA) from 2023 to 2025. In picture: Whitaker testifies before the…

India’s retail inflation eases to a 75-month low of 2.82% in May

May marks the fourth consecutive month that inflation has remained below 4 percent india’s inflation stays below 4 percent India’s retail inflation eased to a 75-month low of 2.82 percent in May, compared with 3.2 percent in April, as food inflation eased below 1 percent for the first time in nearly four years, according to…

US-China tariff: Trump says China to supply rare earths upfront under new trade deal

China will supply rare earths and magnets upfront to the U.S. under a new trade deal announced by President Donald Trump. The agreement, still pending final approval, also includes U.S. concessions like easing restrictions on Chinese students.   The agreement was reached after two days of rigorous discussions and expands on the agreement made during…