Daily Republic News
- Business
- June 3, 2026
India Engaged With US on Section 301 Tariff Concerns, Pushes Bilateral Trade Deal Forward
India remains engaged with the United States on the proposed tariff measures under the Section 301 proceedings and is simultaneously working towards finalising a bilateral trade framework agreement with Washington, the Ministry of Commerce and Industry said on Wednesday.According Read More
- India
- June 3, 2026
Trinamool Dissolves All State Committees for Complete Restructuring Amid MLA Rebellion and Poll Defeat
In a major political development, the Trinamool Congress (TMC) announced the immediate dissolution of all its organizational committees and frontal wings in West Bengal. The move comes in the wake of recent electoral setbacks and an emerging internal rebellion within the party’s Read More
- Business
- June 3, 2026
UAE Retains Position as India’s Second-Largest Crude Supplier as Russian Discounts Shrink
The United Arab Emirates defended its position as India’s second-largest crude oil supplier in May. The import volumes show New Delhi’s shift back to Middle Eastern supply channels as the incentives for processing Russian crude continue to diminish.Fresh ship-tracking data from c Read More
- Business
- June 3, 2026
Rupee Could Fall To 98/USD By July Amid Energy Crisis: BofA Securities Exec
The rupee could weaken to a record low of 98 against the US dollar by July as the energy shock triggered by the Middle East crisis continues to pile pressure on domestic assets, especially the currency, according to a BofA Securities executive.The rupee, Asia’s worst performing c Read More
- India
- June 3, 2026
‘My Condolences…’: PM Modi Announces Rs 2 Lakh Ex Gratia For Next Of Kin, Rs 50,000 for Injured In Malviya Nagar Tragedy
New Delhi: Prime Minister Narendra Modi on Wednesday announced Rs 2 lakh ex-gratia to the victims families, and Rs 50 thousand to the injured in the fire incident in Delhi’s Malviya Nagar that claimed 21 lives, while expressing grief for the victims’ families.In a post on X, the Read More
- Business
- June 3, 2026
Foreign Funds Desert India: 2026 FII Offloading Already Crushes Previous Year’s Total
Foreign Institutional Investors (FIIs) are paring down their exposure to Indian equities at an unprecedented pace. In the first five months of 2026, foreign portfolio capital flight has already eclipsed the entire outflow recorded during the previous calendar year.Data from depos Read More
- India
- June 3, 2026
Licensed For 6, Running 25 Rooms, Only Exit Found Locked: Inside The Deadly Chain Of Lapses In Malviya Nagar Fire Tragedy
New Delhi: At least 21 people lost their lives, and 37 others were rescued following a devastating fire that erupted at a hotel in Delhi’s Malviya Nagar district on Wednesday morning (June 3). The fire sparked widespread panic as guests struggled to flee smoke-choked rooms, while Read More
- Business
- June 3, 2026
PIB Dismisses Bloomberg Report On RBI Selling $12 Billion In Gold As Fake News
The Press Information Bureau (PIB) has issued on clarification on a Bloomberg new report, claiming that RBI may have sold gold amounting to approximately $12 billion.While dubbing the claim in the Bloomberg report as “fake”, PIB noted that as per RBI “the share of gold in India’s Read More
- Business
- June 3, 2026
New Fed Chair Kevin Warsh Assumes Office, Promising Broad Reforms and Strategy Shifts
Federal Reserve Chairman Kevin Warsh pledged to follow “the best of the Fed’s traditions” in an opening note to the central bank’s more than 20,000 employees as he starts his four-year term, while also promising a broad look at what might be done differently.The memo is an early Read More
- India
- June 3, 2026
‘Multiple Fire Tenders, Multi-Storey Building’: 10 Killed, 11 Injured As Massive Blaze Engulfs Restaurant In Delhi’s Malviya Nagar
New Delhi: At least 10 people were killed and 11 others were injured following a devastating fire that erupted at a restaurant in Delhi’s Malviya Nagar district on Wednesday morning (June 3). Emergency crews responded to the scene as the blaze tore through the establishment, mark Read More
