Anmol Sharma

Nepal has not banned import of Indian mangoes, says govt

The Ministry of Agriculture and Farmers' Welfare dismissed reports that claimed that Nepal has banned the import of Indian mangoes, calling them "factually incorrect and misleading". It said Nepal clarified on June 10 that imports remain permitted, subject to phytosanitary requirements. Since January 2026, India has exported 149 mango consignments totalling 2,005 metric tonnes to Nepal, it added.

Jun 11th, 2026

Nepal has not banned import of Indian mangoes, says govt

Ishita Ranganath

RBI introduced a swap facility for new three-to-five-year Foreign Currency Non-Resident FCNR(B) deposits, with Indian banks likely offering up to 6% annual return on fixed dollar deposits. The facility will remain open till October 16 for deposits mobilised till September 30. A similar scheme was last introduced in 2013 during a currency crisis and raised $34 billion from NRIs.

Jun 10th, 2026

RBI revives currency swap window, to offer 6% returns on dollar deposits

Ankush Verma

US President ​Donald Trump has said ​that he ​might not renew ⁠the free ​trade deal with Canada and ​Mexico, which he signed during his first term. Trump added that he was ​discussing ​the ⁠matter with Mexican ​and ​Canadian ⁠leaders. While the agreement doesn't actually expire until 2036, any country can withdraw from it by giving six months' notice.

Jun 10th, 2026

Trump ‌says he ​might not renew free ​trade deal with Canada and ​Mexico

Bhawana Chaudhary

US President Donald Trump was asked if he's concerned after inflation in May rose to a three-year high amid Iran war. "No, I love it. I love the inflation," said Trump, adding it'll fall "like a rock" once the war is over. Trump further claimed US took out millions of barrels of oil, adding, "That's why oil is $85/barrel."

Jun 10th, 2026

I love inflation: Trump as it jumps to 3-year high in US

Ishita Ranganath

Rajesh Exports, which is under SEBI's scrutiny over an alleged ₹15.15 lakh crore revenue inflation, stated that it'll fully cooperate with the SEBI-ordered forensic audit and won't challenge its order. Rajesh Exports Founder Rajesh Mehta denied allegations, saying SEBI "hasn't found anything" and added, "There's no fine, no penalty, no coercive action in this order. Why should we challenge it?"

Jun 10th, 2026

Won't challenge SEBI order: Rajesh Exports on ₹15 lakh cr fraud

Neeraja Nath

Venture capital firm Z47 (formerly known as Matrix Partners India) is planning to sell part of its stake in B2B commerce platform OfBusiness, Moneycontrol reported. The move comes ahead of OfBusiness's IPO. According to a source quoted by Moneycontrol, Z47 aims to raise about $200 million in pre-IPO secondary sale. As per reports, Z47 holds 10.8% stake in OfBusiness.

Jun 10th, 2026

Z47 plans $200 mn part stake sale in IPO-bound OfBusiness: Report

Ishita Ranganath

Eternal, the parent company of food delivery app Zomato and quick commerce platform Blinkit, has been served with a ₹9.63-crore GST demand notice from the Deputy Commissioner (ST), State Special Circle-I, Andhra Pradesh. The order, about the period from April 2023 to March 2024, confirms a GST demand of ₹6.49 crore, with an additional ₹2.5-crore interest and ₹64.87 lakh penalty.

Jun 10th, 2026

Zomato parent Eternal gets ₹9.6-cr GST demand from Andhra Pradesh

Elitecon International announced a ₹700 crore investment plan to build an FMCG platform targeting ₹20,000 crore revenue by FY30. The strategy is backed by a USD 119 million-plus international tobacco order book across Africa and the Middle East. The company plans to expand through 5,000 distributors, 5 lakh retail outlets and over 15 international markets.

Jun 10th, 2026

Elitecon unveils ₹700 crore FMCG expansion plan

NTPC Green Energy announced that its subsidiary NTPC Renewable Energy will develop a 250 MW solar project integrated with Battery Energy Storage System (BESS) at Sitapur, Uttar Pradesh. Approved by Defence Minister Rajnath Singh, the project will supply renewable power to defence establishments and is designed to strengthen energy security through solar generation and storage infrastructure.

Jun 10th, 2026

NTPC Green to develop 250 MW solar-BESS project

Concord Biotech surged over 5% to around ₹1,340 after receiving USFDA approval for Tofacitinib Tablets. The Jhunjhunwala family holds a 24.1% stake, equivalent to 2.52 crore shares. With the stock gaining about ₹61 per share, the family's holding recorded a notional gain of nearly ₹153.72 crore in early trade on June 10, 2026.

Jun 10th, 2026

Jhunjhunwala family gains ₹154 crore as concord jumps 5%

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