Daily Republic News
- Business
- June 23, 2026
ED Raids Rajesh Exports in Bengaluru; Agency Expands Probe After SEBI’s Fraud Allegations
The Enforcement Directorate (ED) has launched search operations at multiple premises linked to Rajesh Exports in Bengaluru. The action follows a recent SEBI interim order that flagged massive alleged financial irregularities, including an overstated revenue of ₹15.15 lakh crore. Read More
- Business
- June 23, 2026
Why FIIs Are Returning to India Again as Valuations Ease and Growth Outlook Improves
Foreign institutional investors (FIIs) are making a return, but with caution, to Indian equities after months of sustained selling. Lower crude oil prices, improving valuations and expectations of easier global monetary conditions are strengthening the appeal of one of the world’ Read More
- Business
- June 23, 2026
Why Hindustan Zinc Shares Tanked 5% After Decline In Global Silver Prices
The shares of Hindustan Zinc, a Vedanta Group enterprise, decline 5% in Tuesday’s trade, June 23, plummeting to an intraday low of Rs 544 apiece, after a sharp fall in global silver prices impacted investor sentiment.Meanwhile, spot silver prices tanked 5% to $61.90 per ounce, hi Read More
- Business
- June 23, 2026
India Needs 7-8% Growth For Viksit Bharat, Private Investment And Export Push Crucial: EAC-PM Chairman
India requires a sustained economic growth rate of 7 to 8 per cent to achieve its goal of becoming “Viksit Bharat” by 2047, a target that hinges heavily on a revival in private sector investments and robust export growth.Mahendra Dev, Chairman of the Economic Advisory Council to Read More
- Business
- June 23, 2026
US Focused On ‘Fair Trade Deal’ With India That Benefits Both Nations: US Embassy
The United States is focused on securing a fair, reciprocal trade deal with India that opens markets for American exporters and delivers benefits to both countries, the US Embassy in India said in an X post on Tuesday.US Trade Representative Jamieson Greer met the Union Commerce Read More
- Business
- June 23, 2026
Defence Stocks Stay In Fast Lane Despite Rich Valuations; Brokerages Remain Bullish
India’s defence stocks have emerged as one of the market’s most resilient themes in 2026, with investors continuing to pile into the sector despite concerns that valuations have become stretched.Shares of defence companies including Hindustan Aeronautics Ltd (HAL), Bharat Electro Read More
- Business
- June 23, 2026
Why Jio and NSE’s Huge ₹60k Cr IPOs Might Surprisingly Protect Smaller Stock Investors
India’s equity markets may soon face one of their biggest liquidity tests as the proposed initial public offerings of Reliance Jio and the National Stock Exchange (NSE) seek to raise more than ₹60,000 crore, prompting fund managers to free up capital from existing holdings.The tw Read More
- Business
- June 23, 2026
Oracle Workforce Shrinks by 21,000 Employees Following Restructuring & AI Adoption Efforts; Capex Projected at $70 Billion
Oracle’s total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring its business, partly driven by the adoption of AI across its operations.The company had a total workforce of 141,000 as of May 31, 2026, compar Read More
- Business
- June 23, 2026
Oil Prices Edge Down as Investors Eye Progress in Restoring Crude Shipments Through Strait of Hormuz
Oil prices inched down on Tuesday, extending losses from the previous session, as investors looked for clearer signs of progress in restoring crude flows through the Strait of Hormuz following U.S.-Iran peace talks.Brent crude futures fell 20 cents, or 0.3%, to $77.70 a barrel Read More
- Business
- June 23, 2026
India’s LPG Imports From US Set to Hit Record 1 Million Tonnes in June Amid Mideast Disruption: Sources
India’s imports of liquefied petroleum gas (LPG) from the U.S. are set to top 1 million metric tons in June, a record high, industry sources said, as New Delhi turned to costlier suppliers to offset disruption from the Middle East.Before the U.S.-Israeli war on Iran and the clo Read More
