Business

The Reserve Bank of India has tightened norms for advertising, marketing, and selling financial products, effective January 1, 2027. These revised directions aim to curb mis-selling and hold regulated entities accountable across all distribution channels, including social media influencers and digital marketing intermediaries. The RBI clarified that incentive structures will be reviewed to prevent aggressive

Global stock markets surged Monday as a tentative US-Iran ceasefire agreement to reopen the Strait of Hormuz eased inflation fears and boosted oil prices. Major indices like the S&P 500 and Nasdaq saw significant gains, with AI and airline stocks leading the advance. Bond yields also eased as the likelihood of further interest rate hikes

India and the UK are actively engaged in resolving outstanding issues to operationalize their free trade agreement, signed in July last year. Key sticking points include the UK’s steel safeguard measures and its proposed Carbon Border Adjustment Mechanism, which could impact Indian exports worth $775 million. Discussions are ongoing to find a resolution.

The Indian rupee strengthened against the US dollar for a second consecutive day, buoyed by a significant drop in crude oil prices following a preliminary US-Iran agreement. This rise also builds on recent Reserve Bank of India measures aimed at attracting dollar inflows. Traders anticipate further support for the rupee, though its appreciation pace may

Former NITI Aayog vice chairman Arvind Panagariya urges the government to revitalize its privatization drive for PSUs and PSBs, emphasizing its importance for economic reforms. He also advocates for a dedicated privatization ministry to expedite the process. Panagariya remains optimistic about FDI inflows, citing investor confidence despite capital outflows and a corrected rupee valuation.

India’s merchandise exports surged 18% to $45.2 billion in May, with cumulative exports for April-May reaching $88.91 billion, a 16.09% increase. Despite geopolitical shifts, exports to West Asia remained stable. Gold imports saw a significant 60% jump. Officials anticipate a strong year for Indian exports, buoyed by current positive trends.

FM Sitharaman described the recent initiatives taken by the Reserve Bank of India and the government to attract overseas investment as an initial move, signalling that additional measures could follow to encourage greater foreign capital inflows.

ITR filing: The question that needs to be answered is: if your tax regime choice can change every year, depending on your financial situation and stage of life, can you switch between regimes every year as well?

The Commerce and Industry Ministry on Monday released the latest Wholesale Price Index data based on a revised base year of 2022-23, replacing the earlier 2011-12 series.

Stock market recommendations: Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities has picked Karnataka Bank, Avalon Technologies as the stocks to buy in the June 15-June 19, 2026 week. Outlook on Nifty50 and Bank Nifty has also been shared: