Finance

India’s monsoon is forecast at 90% of normal, raising food inflation risk in FY27, but record grain stocks and full reservoirs cap how far prices can climb.

India diesel exports to Africa hit 83% in May as Europe bought none, Asian demand eased and Kpler data showed traders rerouting cargoes away from Europe.

Gold price weakness below $4,450 reflects a firmer dollar, oil-driven inflation risk and Fed caution, while central bank buying still cushions demand.

Bloomberg Economics estimated India’s RBI sold $12 billion of gold to defend the rupee. The central bank says its physical holdings never moved. Here’s the gap.

SpaceX’s IPO targets a $1.75 trillion valuation and a record $75 billion raise of all-new shares, even as a $4.94 billion loss shadows the deal.

Nifty IT crashed 5.8% on June 3 as TCS, LTIMindtree and Infosys fell on profit booking, FII outflows and growing fears AI will erode IT revenue.

India’s central bank is expected to hold at 5.25% on June 5, but a record-low rupee and surprise hikes in Indonesia and Sri Lanka revive RBI rate hike bets.

Hormuz oil prices climbed after Iranian missiles targeted Kuwait and Bahrain, while inventory draws and limited bypass routes keep supply risk alive on June 3.

Lloyds, Halifax and Bank of Scotland app users hit a fresh outage on 3 June 2026, the latest in a run of UK banking IT failures. Here is what you can claim.

Commercial LPG prices rose, PAN thresholds eased and UPI added a security layer from June 1 in India. Here is what each change means for your money.