India is weighing restrictions on sulphur exports as domestic and global supplies tighten, according to sources familiar with the matter. The country currently ships approximately 800,000 tons of sulphur annually, with more than 90% directed to China, making any Indian policy shift immediately consequential for Chinese buyers and downstream industrial users. Sulphur is a critical input in fertilizer production, particularly phosphoric acid and superphosphates, meaning supply constraints ripple directly into agricultural input costs. A reduction or cap on Indian exports would force Chinese importers to seek alternative suppliers, options that are geographically distant or structurally less reliable, likely pushing spot prices higher. The market will be watching for any formal government notification or trade directive from New Delhi, as well as Chinese procurement responses and whether Middle Eastern or Canadian sulphur producers step in to fill the gap.
Indian startups raised $5.2 billion across 501 deals in H1 2026, down 9% in value but up 7% in deal count year-on-year, per the Inc42 Indian Tech Startup Funding Report. The drop is driven by fewer mega-rounds, while AI funding surged 317% and growth-stage deal activity hit a multi-year high.
The BSE Sensex fell 893 points and the Nifty 50 shed 279 points on June 30, 2026, wiping out roughly Rs 6 lakh crore in investor wealth in a single session. Both indices dropped 1.16%, closing at 76,200.68 and 23,824.10 respectively.
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
