The National Stock Exchange has received Securities and Exchange Board of India approval to invest in a proposed coal exchange, marking a significant regulatory step toward establishing a dedicated commodity trading venue for coal in India. The exchange would operate under a licence granted by the Coal Controller Organisation, the statutory body that governs coal trade under applicable rules. NSE is expected to approach the Coal Controller Organisation for that licence following the SEBI clearance. The structure places NSE at the intersection of financial market infrastructure and energy commodity trading, a pairing that could expand price discovery mechanisms for one of India's most heavily traded industrial inputs. The coal exchange, once operational, would provide a centralised platform for buyers and sellers to transact, potentially improving transparency in a market that currently relies on bilateral and spot arrangements. Investors and operators in thermal power, steel, and cement sectors, all major coal consumers, would be the primary participants to watch as licensing and operational timelines become clearer.
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.
