Daily Republic News
- Business
- June 11, 2026
Oil Rises $2 As Iran Announces Closure of Strait of Hormuz Following US Strikes
New Delhi: Oil prices climbed more than $2 a barrel Thursday as Iran declared the critical energy chokepoint, the Strait of Hormuz, closed after the U.S. launched additional strikes against Iran.Brent futures rose $2.30, or 2.47%, to $95.40 a barrel, while U.S. West Texas Inter Read More
- Business
- June 10, 2026
Air India Says ‘No Pressure’ to Families; No Deadline Set for AI-171 Compensation Claims
Amid ongoing allegations pertaining to compensation for the AI 171 crash, Air India has said that there is no ‘deadline or pressure’ on any of the families to accept the airline’s offer within a specified timeline. The airline stated the update in an email response to Radhika Rup Read More
- Business
- June 10, 2026
Tired of Failed Payments? Why UPI Lite Is the Reliable Choice for Your Daily Small Purchases
The Unified Payments Interface (UPI) has become the backbone of Indian commerce. Yet, for thousands of small daily transactions, users often face the frustration of bank server delays or failed requests. UPI Lite, an on-device “mini-wallet” designed to make micro-payments seamles Read More
- Business
- June 10, 2026
SEBI Proposes Consolidated Executive Pay Disclosure for India’s Asset Management Firms
Indian asset management companies can disclose executive and high-earner pay on a consolidated basis instead of on an individual basis, the country’s markets regulator proposed on Wednesday.* The Securities and Exchange Broad of India proposed that AMCs may disclose consolidated Read More
- Business
- June 10, 2026
No Coercive Action Against Reliance Group Chairman Anil Ambani: Bombay HC To IT Department
The Bombay High Court has asked the Income Tax (IT) department to not undertake any coercive action against businessman and Reliance group Chairman Anil Ambani under the Black Money & Imposition of Tax Act.The IT department had sought to prosecute Ambani under the Black Money (BM Read More
- Business
- June 10, 2026
SIP Stability Continues; Indian Retail Investors Defy Market Volatility With Steady Inflows
The Indian equity landscape is currently navigating a period of global volatility. However, one segment remains remarkably steady, the retail investor. Data from the Association of Mutual Funds in India (AMFI) confirms that Systematic Investment Plan (SIP) contributions are holdi Read More
- Business
- June 10, 2026
RBI Likely Intervenes to Support Rupee as It Battles Pressures Near 95.56 Level, Traders Say
The Indian central bank likely stepped in to the foreign exchange market on Wednesday to support the rupee, three traders told Reuters, as maturing contracts in the non-deliverable forwards market exerted pressure on the currency.The rupee was at 95.27, up modestly on the day aft Read More
- Business
- June 10, 2026
Oil Prices Climb as U.S. Strikes Iran and Crude Inventories Tighten Amid Geopolitical Risks
Oil prices climbed on Wednesday, moving away from a seven-week low touched in the previous session, after the U.S. military launched new strikes against Iran and as market data showed another large draw in U.S. crude stocks.Brent futures rose 66 cents, or 0.7%, to $92.11 a barrel Read More
- Business
- June 10, 2026
Domestic Liquidity Rescues Indian Markets as FIIs Record Historic Selling Spree in June 2026
The Indian stock market is showing structural resilience this June. As Foreign Institutional Investors (FIIs) maintain a sustained exit strategy, Domestic Institutional Investors (DIIs) have emerged as the primary liquidity providers, thus effectively cushioning the impact on ben Read More
- Business
- June 10, 2026
Market Volatility Hits Equity Funds: May Inflows Slip to One-Year Low on Iran War Fears
The Indian mutual fund landscape saw reversal in May 2026. Data from the Association of Mutual Funds in India (AMFI) confirms that net inflows into equity mutual funds dropped to their lowest level in a year. Total equity inflows fell by 40% month-on-month, settling at INR 22,908 Read More
