Mansi Agarwal

India's GDP grows 7.8% in March quarter, FY26 growth at 7.7%

India's real gross domestic product (GDP) grew by 7.8% in the January-March quarter, as per the data released by the government on Friday. Nominal GDP growth for the quarter stood at 9.1%. For the fiscal year ended March 2026, the government estimated real GDP growth at 7.7%, while nominal GDP expanded 8.9%.

Jun 5th, 2026

India's GDP grows 7.8% in March quarter, FY26 growth at 7.7%

Jessica Rajan

The listing of Tata Sons remains uncertain as Reserve Bank of India Governor Sanjay Malhotra said the regulator is preparing a revised list of upper-layer non-banking financial companies (NBFCs). Tata Sons had applied for de-registration as an upper-layer NBFC in 2024. Last week, Tata Trusts chairman Noel Tata wrote to the RBI opposing the company's listing.

Jun 5th, 2026

RBI Governor signals change that could impact Tata Sons IPO

Vaishnavi Mishra

Strategy, the world's largest corporate holder of Bitcoin, is facing an unrealised loss of roughly $10.8 billion across its Bitcoin treasury. The company holds 8,43,706 bitcoins, with a current valuation of $53 billion, down from a cost basis of $63.8 billion. That gap, roughly 17% below what the company paid, has sent its stock tumbling 77% from its all-time high.

Jun 5th, 2026

Strategy, world's largest Bitcoin treasury firm, sees $11 bn unrealised loss

Vaishnavi Mishra

A Pune-based employees' body has urged the Maharashtra government to intervene in alleged large-scale IT job scams targeting freshers. In a letter, it described seven firms as fake companies that allegedly exploited unemployed youth. It named Flynaut SaaS, Accure Tech, Thynk Tech, Quantamsoft, GTasterix, Radiant Technology and Kavya Tech, claiming around 4,100 freshers were affected.

Jun 5th, 2026

Employees' body names 7 firms in Pune IT job scam targeting 4,100 freshers

Jessica Rajan

RBI and the government have taken steps to stabilise the rupee and attract capital inflows, but investors remain cautious. Despite expectations of a relief rally, the Nifty stayed largely flat amid persistent global uncertainties. Markets are now driven more by Brent crude and the monsoon, with India facing a supply shock rather than a liquidity or demand problem.

Jun 5th, 2026

Markets flat despite RBI steps, focus shifts to oil and monsoon

CMR Green Technologies' IPO was subscribed 1.67 times by the close of bidding on Day 3. The issue attracted demand from retail and institutional investors as the company seeks funds for expansion and business growth. CMR Green Technologies operates in metal recycling and manufactures secondary non-ferrous metal products across India.

Jun 5th, 2026

CMR Green Technologies IPO subscribed 1.67 times

Indian benchmark indices Sensex and Nifty 50 are expected to open higher, with Gift Nifty trading near 22,779, around 353 points above the previous Nifty futures close. The positive indication comes after Monday's sharp sell-off, when Sensex fell 1,635.67 points and Nifty 50 dropped 488.20 points, while investors tracked improving global market sentiment.

Jun 5th, 2026

Gift Nifty signals gap-up opening for Indian markets

Bhawana Chaudhary

In a bid to attract foreign money inflows, RBI expanded foreign access to long-term government securities (G-sec) and removed FPI limits under general route. Equity investment limits for NRIs and OCIs have been increased and extended to all resident individuals abroad. RBI extended concessional forex swap window for external commercial borrowings raised by PSUs till September 30.

Jun 5th, 2026

RBI unveils 6 measures to attract foreign money inflows into India

Ahead of its IPO opening on June 5, Hexagon Nutrition Ltd raised ₹41.66 crore from anchor investors. Bandhan Small Cap Fund emerged as the sole domestic mutual fund participant in the anchor book and was allotted 26.66 lakh shares worth around ₹12 crore, according to details released before the public issue.

Jun 5th, 2026

Hexagon Nutrition raises ₹41.66 crore from anchors

CIDCO chief Vijay Singhal said the Ulwe Coastal Road will improve connectivity to Navi Mumbai International Airport. Once open, it is expected to cut travel time from the Atal Setu to Navi Mumbai International Airport to about five minutes, easing congestion and strengthening last-mile access in the Ulwe–NMIA corridor.

Jun 5th, 2026

Navi Mumbai airport to Mumbai in 5 mins via new connectivity road

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