Business

Business

RBI MPC meeting: Will the central bank cut, pause or hike rates amid Middle East crisis & inflation fears? What economists say

The Reserve Bank of India’s Monetary Policy Committee begins its meeting amid inflation concerns. While interest rates are expected to remain unchanged this week, economists anticipate a tighter monetary stance later in the financial year. The RBI may also revise its inflation and GDP growth forecasts upward.

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Business

Petrol, diesel price hikes could push up inflation and transport costs, says Crisil

Rising fuel prices are poised to reignite inflation, a Crisil report warns. Expect higher costs for transport, logistics, and manufacturing, directly impacting food and consumer goods. Direct fuel price hikes could add nearly 48 basis points to inflation, with broader effects on supply chains. While GST cuts offer some relief, persistently high oil prices remain

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Business

Delhi jobseeker says he spent ₹14,000 flying to Hyderabad for interview, only to be rejected in 10 mins

A user on the r/delhi forum of Reddit shared the incident, saying he works in industrial fermentation and had been shortlisted for a fermentation-related role at a “major pharma company” in Hyderabad.

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Business

Mumbai-Ahmedabad bullet train project achieves major milestone as mountain tunnel breakthrough completed

India’s first bullet train project, linking Mumbai and Ahmedabad, has reached a significant milestone with the successful launch of a viaduct over Ahmedabad’s Kalupur flyover. This marks another engineering feat for the high-speed rail corridor, which is now in its advanced construction phase, promising faster travel between the two major cities.

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Business

Gold price prediction today: Will gold prices continue to be range-bound? Check June 2, 2026 outlook

Gold price prediction today: Gold prices continue to be weighed down by inflation concerns amid geopolitical tensions and rising oil prices, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

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Business

US-Iran war impact: RBI likely sold $12 billion gold reserves to shield foreign currency assets, says report

To limit the impact of these external shocks, the government has stepped up measures aimed at reducing foreign exchange outflows and stabilising the economy. These steps include increases in fuel prices and a sharp rise in import duties on precious metals.

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Business

H-1B hiring boost: Nvidia offers top salaries despite slowdown in foreign recruitment

While many tech firms scale back, Nvidia is aggressively hiring foreign talent via the H-1B visa program, increasing its certified positions. This surge reflects the company’s immense demand for AI specialists and engineers, contrasting with competitors like Google and Amazon. CEO Jensen Huang emphasizes immigration’s vital role in US technological leadership.

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Business

Top stocks to buy or sell today: Stock market recommendations for June 2, 2026 – check list

Stock market recommendations: Infosys has been recommended as a top buy call by Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan on June 2, 2026. The expert has recommended DLF, and Cholamandalam Investment and Finance Company as sell calls. Target prices, stop loss and ranges have been shared.

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