Daily Republic News
- Business
- June 2, 2026
India to Launch Producer Price Index (PPI) on June 15, Phasing Out WPI in Major Inflation Overhaul
New Delhi : India will launch the Producer Price Index (PPI) on June 15 and gradually phase out the Wholesale Price Index (WPI) over the next five years as part of a major overhaul of its inflation measurement framework, according to information shared by the Ministry of Commerce Read More
- Business
- June 2, 2026
Borrowers Face Extended Loan Tenures As Central Bank Rate Stance Alters Repayment Math
A prolonged period of strategic economic positioning by the monetary authority is leading to a significant adjustment in the retail credit market. This shift is modifying how mortgage agreements perform over their life cycles.For a large segment of retail borrowers, the most imme Read More
- Business
- June 2, 2026
India LTCG Tax Dilemma: Will Government Scrap Levies for Foreign Funds?
India’s stance on taxing foreign portfolio investors (FPIs) is under scrutiny as global market dynamics change. Unlike rival international financial hubs that lure capital with zero-tax regimes, New Delhi firmly maintains its Long-Term Capital Gains (LTCG) tax. The policy continu Read More
- Business
- June 2, 2026
RBI Contains Rupee’s Depreciation, Shrinks Dollar-Rupee Forward Premiums
The rupee and dollar-rupee forward premiums fell on Tuesday, driven by opposing forces of importer hedging, foreign portfolio outflows and likely central bank intervention across FX market segments.The rupee ended at 95.2650 per dollar, down 0.3% from its close in the previous se Read More
- Business
- June 2, 2026
India’s Q4FY26 GDP Growth Seen At 7.3%: Bank Of Baroda
India’s real GDP growth is expected to come in at 7.3 per cent in Q4FY26, higher than 7.1 per cent in Q4FY25, supported by stronger growth in utilities and services, even as agriculture, mining, manufacturing and construction post slower growth, according to a research report by Read More
- Business
- June 2, 2026
Oil Falls Over 1% After Trump Says Talks With Iran Ongoing
Oil prices fell more than 1% on Tuesday, paring the previous session’s sharp gains, after the US President Donald Trump said talks with Iran were ongoing.Trump’s comments came despite a report that Tehran had suspended indirect negotiations with Washington to end hostilities.Bren Read More
- Business
- June 2, 2026
Infosys Shares Surge 6% After Launching AI-Powered Editorial Tool With German Media Group
The shares of tech mammoth Infosys surged as much as 6% to hit an intraday high of Rs 1,278.90 apiece on Tuesday, June 2, after introducing an AI-powered journalism tool with Handelsblatt Media Group.The German media group along with Infosys announced the launch of Editorial Link Read More
- Business
- June 2, 2026
UK Trade Secretary Peter Kyle Arrives in New Delhi to Fast-Track £48 Billion India FTA
UK Business and Trade Secretary Peter Kyle is in Delhi today to progress the next stage of the £48 billion (approx. USD 64.7 billion) trading relationship with India. According to a statement from the Government of the UK, the Business and Trade Secretary will meet India’s Commer Read More
- Business
- June 2, 2026
Vedanta Ltd Shares Tank 2% After ED Conducts Raids Against Mining Conglomerate In FEMA Case
Vedanta Ltd Stock Price: The shares of Vedanta Ltd declined as much as 2.65% to hit an intraday low of Rs 328.20 apiece on Tuesday, June 2, after the Enforcement Directorate (ED) began conducting raids at several Vedanta Group linked locations across Mumbai and Delhi.The scrip’s Read More
- Business
- June 2, 2026
EPFO 3.0 Upgrade: Eight Crore Members to Get Lightning-Fast PF Withdrawals via UPI Gateway
The Employees’ Provident Fund Organisation (EPFO) is preparing to launch its version 3.0 framework. This will enable more than eight crore subscribers to transfer eligible portions of their provident fund instantly into their seeded bank accounts. Union Minister of Labour & Emplo Read More
