Daily Republic News
- Business
- June 8, 2026
Oil Prices Rise More Than 4% After Israel-Iran Strikes Trigger Strait of Hormuz Supply Fears
New Delhi: Global crude oil prices rose more than 4 per cent after Israel and Iran exchanged strikes, threatening a fragile ceasefire even as Trump signalled that a peace deal isn’t far away.The renewed conflict raised fears of a prolonged closure of the critical Strait of Hormuz Read More
- Business
- June 8, 2026
Mukesh Ambani Owned RIL Shares Tanks 2% Amid Global Sock Market Crash
RIL Share Price: The shares of Reliance Industries Ltd (RIL) fell as much as 2% to hit an intra-day low of Rs 1,267 apiece on Monday, June 8, continuing its downtrend for the ninth consecutive day amid a global market crash, fresh escalations in the West Asia conflict, and rising Read More
- Business
- June 8, 2026
Inflation A Bigger Threat Than Growth As Weak Monsoon Hits Rural Demand: Nuvama
India’s FY27 economic narrative is tilting toward inflation rather than a broad growth slump, with rural households set to bear the brunt as food prices rise and crude stays elevated.Nuvama Institutional Equities says the monsoon has set in over Kerala with initial progress broad Read More
- Business
- June 8, 2026
Gold Extends Losses On US Interest Rate-Hike Fears
Gold prices extended losses on Monday to their lowest point in more than two months, on fears of a US rate hike following a strong jobs report, while renewed hostilities in the Middle East pushed oil prices higher and fanned inflation concerns.Spot gold was down 0.3% at $4,315.71 Read More
- Business
- June 8, 2026
RBI Rate Cut Cycle Nears: Axis Direct Foresees June Policy Pivot
Rate Cut On Cards: After the RBI Governor Sanjay Malhotra led monetary policy committee (MPC) kept the repo rate unchanged at 5.25% in June, Axis Direct projected the possibility of reverse in the rate cycle in the upcoming policy meetings.The brokerage house noted, “Apart from t Read More
- Business
- June 8, 2026
High-Stakes Tata Trusts Board Meet Today: Here is What is Expected
The trustees of Tata Trusts are slated to meet on Monday, June 8, with reviewing presentations of loss-making Tata Group entities such as Tata Digital, and Air India high on the agenda.This meeting comes ahead of the high-stakes Tata Sons board meeting which will take place on Ju Read More
- Business
- June 8, 2026
May Auto Sales Surge 9.5% YoY To 25.3 Lakh Units Despite Fuel Price Hike
The automotive sales recorded turned out to be best-ever May for three-wheelers, passenger vehicles, and tractors, according to Federation of Automobile Dealers Associations (FADA). The PV retail sales in May grew by 23.25% year-on-year (YoY) to 4,02,591 units as compared with 3 Read More
- Business
- June 8, 2026
Why This Anil Ambani Stock Hit 5% Upper Circuit Amid Stock Market Crash
Reliance Infra Stock: The shares of Reliance Infra surged as much as 5% to hit an intra-day high of Rs 85.84 per share on Monday, June 8, after the Anil Ambani led company filed formal representation to SEBI, NSE and BSE, seeking a review of the surveillance framework connected t Read More
- Business
- June 8, 2026
Stock Market Opening Bell: Nifty 50 Falls 1.22%, Sensex Plummets 1.11% – Here’s Why
Stock Market Opening Bell: The Indian stock market indices, Sensex, and Nifty 50 witnessed a sharp gap down opening on Monday, June 8, tracking negative global cues, including Israel’s fresh strikes on Lebanon, which kept the oil prices elevated over 3%. While Nifty 50 declined 1 Read More
- Business
- June 8, 2026
Oil Prices Surge Over 3% After Israel Strikes On Lebanon
Oil prices were up more 3% on Monday, June 8, after Israel on Sunday launched renewed strikes on Lebanon despite a truce between the two countries, The US crude futures were up $2.10, or 2.32%, at $92.64 per barrel as of 0013 GMT, while Brent crude futures rose $2.33, or 2.5%, to Read More
