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Alembic secures USFDA approval for Tretinoin cream used in acne treatmentThe approved product is 'therapeutically equivalent' to Bausch Health US LLC's reference listed drug (RLD) Retin-A Cream, 0.05 per cent, it added.
Hitachi Energy India to set up Rs 2,000-cr large power transformer factory in GujaratThe new factory is expected to assist in meeting India’s demand for reliable, efficient, and high-quality power equipment while supporting a stronger and more self-reliant energy value chain, it added.
India won't be second to anybody in developing foundational AI models: IT SecretaryAvataar.Ai launched Varya, an indigenous AI video model developed with support from the IndiaAI Mission to make high-quality video generation more affordable, accessible and relevant for India.
India's edible oil imports up 6.7% in May to 13.39 lakh tonnesAs per the data, edible oils imports increased to 1,338,936 tonnes in May this year from 1,254,883 tonnes in the same month last year.
Meesho to acquire B2B platform Kirana Club for Rs 202 croreAccording to a regulatory filing, Meesho's board approved the acquisition of a 100 per cent stake in Singapore-incorporated Kirana Club Pte Ltd and its Indian subsidiary, Retail Pulse Labs Pvt Ltd (RPLPL)
India gold demand ticks up as prices slip; China premiums easeGold demand in India improved slightly this week as softer prices drew in jewellery buyers.
Will Nifty hit 24,000 next week after 2% rally today; analysts recommend trading levelsAn analyst said the index could gradually move towards the 24,000 mark, though the 23,750-23,820 zone remains an immediate hurdle.
How to trade the SpaceX IPO in Asia's locked-out marketsWith no direct access to the IPO, traders from Seoul to Shanghai are piling into companies along the space supply chain, industry-themed ETFs and Nasdaq 100 Index-tracking funds in hopes of eventually capturing some of the gains that many expect once SpaceX shares hit the market.
Pratilipi to end FY27 at Rs 400 crore revenue driven by literature, WestlandThe company's core literature platform hosts more than 7.2 lakh writers across 12 Indian languages and serves over 1.8 million daily active readers, creating a sizeable base for monetisation.
Here’s what moved India’s inflation closer to RBI’s midpoint target in MayTransport-linked inflation also added pressure, with transport services for goods rising 7.63 percent year-on-year, reflecting elevated logistics costs amid higher crude prices and ongoing geopolitical tensions in West Asia
SEBI clears IPO papers of Bombay Coated, Bonfiglioli Transmissions, Swaraj Green PowerAll three companies - Bombay Coated and Special Steels, Bonfiglioli Transmissions, Swaraj Green Power - are proposed to list their equity shares on the BSE and NSE.
India's forex reserves drop $711 mn to $681.610 bn: RBI dataFor the week ended June 5, foreign currency assets -- a major component of the reserves -- was down $2.704 billion to $543.444 billion, the data released by the Reserve Bank of India (RBI) showed.
Flipkart strengthens tech leadership with key hires across AI, engineering, fintech
Global liquor companies chase Telangana government dues of $400 millionTelangana government has from this month been paying off new dues early, while old debts pile up, the industry leaders said.
Elon Musk could become the world's first trillionaire with SpaceX's IPOTo reach its goals, SpaceX needs billions more than it currently takes in from its rocket and satellite business. Between the start of 2025 and March 31, 2026, the company lost $8.7 billion.
SEBI eyes longer-term F&O contracts to deepen derivatives marketSEBI is also exploring, in coordination with the Reserve Bank of India, the introduction of derivatives linked to the bond market.
India-EU FTA to spur German-Indo trade, open new investment avenues: Consul General in Mumbai Christoph Hallier"I am fully confident that once the India-EU free trade agreement comes into force, it will further boost our bilateral trade relations," Hallier said
The 45% rule that can tell you if your loan burden is too highTimely EMI payments may not always mean financial comfort. Factors such as FOIR, post-EMI savings, loan mix, and emergency buffers can reveal whether debt levels are still manageable or quietly becoming risky.
Technical View: Bulls may target 24,000 next week if Nifty 50 holds above the 20-DEMA; Bank Nifty eyes April high amid strong momentum indicatorsIf news of a US-Iran peace deal materializes and the Nifty 50 manages to sustain above 20-day EMA, a rally toward 23,800 (near the 50-day EMA) and the previous swing high of 24,100 cannot be ruled out next week.
Pentagon reviews are blocking wind farms, putting jobs at risk, lawsuit saysThe lawsuit against the Pentagon and Defense Secretary Pete Hegseth was filed in U.S. District Court in Oregon by nine groups, including Renewable Northwest and the Advanced Power Alliance.
Karnataka partners with IIT-Hyderabad to develop GST analytics portalThe platform will use advanced analytics for fraud detection, taxpayer profiling, risk-based assessments and automated case management to improve GST compliance
NLC India bags critical mineral block in TelanganaThe company said it has been declared the preferred bidder for the Parvathapur vanadium, titanium, and aluminous laterite block in Sanga Reddy, Telangana, following the critical and strategic mineral block auction held on June 11 by the ministry.
Rupee surges 77 paise to settle at 95.08 as crude oil prices slump on Middle East peace hopesFollowing Trump's remarks, international crude oil prices fell with Brent crude -- the global oil benchmark -- trading lower by 4.25 per cent at $86.54 per barrel in futures trade.
The Reading List: June 12, 2026A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
Retail inflation accelerates to 3.93% in May, fifth straight monthly riseWhile inflation remains within the RBI’s tolerance band of 2-6%, the sharp rise in May strengthens the case for a tighter policy later if price pressures persist.