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June 2, 2026 9:29 PM

India, UK discuss advancing shared business priorities and economic ties: Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Tuesday said he had “great conversations” with UK Secretary of State for Business and Trade Peter Kyle on charting the next phase of India-UK economic engagement, advancing shared business prio...

June 2, 2026 5:17 PM

Wholesale Price Index Gets New Base Year; Producer Price Indices to Debut on June 15

The Government has approved the revision of the base year of the Wholesale Price Index (WPI) from 2011-12 to 2022-23 and will introduce a new set of Producer Price Indices (PPIs), marking a major update in India's price measurement framework. Th...

June 2, 2026 4:24 PM

Nifty, Sensex end higher as IT shares rally; markets eye India-US trade deal talks

Indian benchmark indices ended higher on Tuesday, supported by gains in information technology, metal, and consumer durable stocks, even as investors remained cautious ahead of key trade negotiations between India and the United States. The Nifty se...

June 2, 2026 12:07 PM

Centre Receives ₹33.86 Lakh Crore in FY26, Transfers Higher Tax Share to States

The Government of India received ₹33,85,982 crore during the financial year 2025-26, amounting to 99.4 per cent of the revised estimates for total receipts, according to the provisional and unaudited accounts released by the Ministry of Finance on ...

June 2, 2026 9:12 AM

Global stocks slide as Middle East anxiety offsets AI optimism

Asian stocks slipped broadly in choppy Tuesday trading as doubts over the durability of a Middle East ceasefire blunted the boost from AI optimism. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.6%, having fluctuated between gains...

June 1, 2026 7:32 PM

Industry hails steady IIP growth despite global headwinds, rising input costs

Industry leaders on Monday lauded steady growth of Index of Industrial Production (IIP) for April despite severe global headwinds and rising input costs amid the West Asia crisis. The growth of capital goods at 16 per cent is significantly strong an...

June 2, 2026 12:07 PM

Industrial Production Grows 4.9% in April as India Unveils New IIP Series with 2022-23 Base Year

India's industrial output grew 4.9 per cent year-on-year in April 2026, driven primarily by strong manufacturing activity, according to the first official release of the revised All India Index of Industrial Production (IIP) with the new base year of...

June 1, 2026 6:22 PM

India-Oman CEPA takes effect: 98% duty-free access opens doors for textiles, pharma, MSMEs: Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Monday said that the India-Oman Comprehensive Economic Partnership Agreement (CEPA) that takes effect from today (June 1) will give Indian exporters immediate duty-free access to Oman and expand op...

June 1, 2026 5:05 PM

Geopolitical risks trigger broad selling: FMCG and banking stocks drag indices lower, but IT surges 2.6% against the tide

Benchmark equity indices ended sharply lower on Monday, dragged down by losses in FMCG, PSU banking, auto and realty stocks, even as investors monitored developments surrounding a potential diplomatic breakthrough between the United States and Iran. ...

June 1, 2026 11:19 AM

India’s manufacturing PMI rises to 55 in May, highest in three months

India's manufacturing sector continued to expand in May, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 55.0 from 54.7 in April, supported by stronger growth in output, new orders and purchasing activity. The latest rea...

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