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India Startup Funding Falls 9% to $5.2 Bn in H1 2026

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.

Sensex Drops 893 Points, Investors Lose Rs 6 Lakh Crore

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.

Supreme Court Blocks Trump's Fed Governor Firing Bid

The US Supreme Court has blocked President Trump's attempt to fire Federal Reserve governor Lisa Cook, who faced unproven mortgage fraud allegations. The ruling preserves Fed independence for now and keeps a politically charged removal case alive in the courts.

HDFC Bank Names Rajiv Kumar Non-Executive Chairman

HDFC Bank's board has approved Rajiv Kumar, former Chief Election Commissioner and financial services secretary, as its Part-time Non-Executive Chairman from June 30, 2026. His chairmanship still requires RBI approval, but the move ends the bank's prolonged search for a permanent board leader.

Iran Strikes Cargo Ship in Strait of Hormuz

Iranian armed forces attacked a cargo ship in the Strait of Hormuz on Thursday, briefly halting traffic through the waterway. The strike threatens a fragile US-Iran arrangement and could push shipping insurance costs and oil prices higher.

Kotak Mahindra Bank Falls 3% on CEO Exit Plan

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.

Kospi Drops 3%, Nikkei Falls on US-Iran Escalation

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.

Supreme Court TPS Ruling Exposes 1.3 Million Migrants

The U.S. Supreme Court ruled against TPS protections in a case centered on Haitian migrants, leaving 1.3 million people from over a dozen countries vulnerable to deportation. Many affected individuals have lived legally in the U.S. for decades, with the ruling removing a key legal shield used to resist removal.

IRFC OFS Opens at Rs 91 Floor Price

The Indian government has launched an OFS in IRFC for non-retail investors on June 29, 2026, with a floor price of Rs 91 per share and up to a 2% stake on offer including the greenshoe option. The sale adds fresh share supply to the market, which could pressure the stock in the near term.

Trump Orders Strikes on Iran Over Hormuz Ship Attack

The US has struck Iran, with President Trump citing an Iranian attack on a ship in the Strait of Hormuz as justification. The action raises immediate risks for global oil flows through one of the world's most critical shipping chokepoints.

US Hits Ten Iran Targets, Ceasefire Falters

The US struck ten Iranian targets on the second consecutive day of military action, putting a fragile ceasefire under serious pressure. The escalation raises immediate risks for Gulf shipping, global oil supply, and regional stability.

Venezuela Twin Quakes Kill 164, Nearly 1,000 Injured

Venezuela's twin earthquakes, magnitudes 7.2 and 7.5, have killed at least 164 people and injured 971, interim president Delcy Rodriguez confirmed Thursday. The quakes are the country's strongest since 1900, collapsing buildings across Caracas and prompting a state of emergency, with the death toll expected to rise as

Bajaj Auto Shares Drop 3% on Buyback Record Date

Bajaj Auto shares dropped nearly 3% intraday on June 28, 2026, as the company's buyback record date arrived, with the stock opening at ₹9,838 against a prior close of ₹10,025. The decline reflects the standard unwinding of buyback premium once the eligibility cutoff passes.

Venezuela Earthquakes Kill Hundreds, Thousands Missing

Two earthquakes of magnitude 7.2 and 7.5 struck near Caracas on June 25, 2026, killing at least 164 people with thousands more feared dead. The US Geological Survey estimates the toll could exceed 10,000, prompting a large-scale international rescue response from dozens of countries.

IRFC OFS Opens for Retail at Rs 91 Floor

The Indian government's Rs 2,212 crore IRFC offer for sale opens for retail investors today at a floor price of Rs 91 per share. The institutional tranche was oversubscribed, and a greenshoe option could push total proceeds higher.

India Markets Hit 7-Month Weekly Winning Streak

India's Nifty 50 and BSE Sensex closed the week higher, marking their longest weekly winning streak in seven months. Falling crude oil prices, rupee-support measures, and the RBI's no-hike signal fuelled gains, with pharma and financial stocks leading.

Wright: U.S. Ends Iran's Hormuz Threat, 19M Barrels Flow

U.S. Energy Secretary Chris Wright said American action has ended Iran's ability to close the Strait of Hormuz, citing 72 ships carrying 19 million barrels of oil through the waterway in the past 24 hours. The claim, if accepted by markets, could reduce the longstanding geopolitical risk premium in global oil prices.

US Inflation Hits 4.1%, September Fed Hike in Play

US inflation hit 4.1% in May 2026, its highest level in three years, driven by rising energy prices, keeping a Federal Reserve rate hike in September firmly on the table. Consumer spending rose on tax refunds and a stock market rally, while business investment in AI equipment also rebounded.

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Tag

trending

Indian Startup Funding Slips 9% To $5.2 Bn In H1 2026

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.

1h ago · 4 min · Markets

Supreme Court blocks Trump’s bid to fire US Federal Reserve’s Lisa Cook

The US Supreme Court has blocked President Trump's attempt to fire Federal Reserve governor Lisa Cook, who faced unproven mortgage fraud allegations. The ruling preserves Fed independence for now and keeps a politically charged removal case alive in the courts.

20h ago · 3 min · Policy & Government

Iran Launches New Attack on Ship Passing Through Hormuz

Iranian armed forces attacked a cargo ship in the Strait of Hormuz on Thursday, briefly halting traffic through the waterway. The strike threatens a fragile US-Iran arrangement and could push shipping insurance costs and oil prices higher.

Yesterday · 3 min · Global Affairs

Asian stocks today: Kospi, Nikkei crash up to 3% on escalation in US-Iran war

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.

Yesterday · 3 min · Markets

Supreme Court T.P.S. Ruling on Haiti Plunges Many Migrants Into Limbo

The U.S. Supreme Court ruled against TPS protections in a case centered on Haitian migrants, leaving 1.3 million people from over a dozen countries vulnerable to deportation. Many affected individuals have lived legally in the U.S. for decades, with the ruling removing a key legal shield used to resist removal.

Yesterday · 3 min · Policy & Government

Trump justifies strikes on Iran amid ceasefire

The US has struck Iran, with President Trump citing an Iranian attack on a ship in the Strait of Hormuz as justification. The action raises immediate risks for global oil flows through one of the world's most critical shipping chokepoints.

Yesterday · 3 min · Global Affairs

Oil hits pre-war level as supply fears ease

Brent crude fell to $73.98 and WTI dropped below $70 on Wednesday as 20 million barrels cleared the Strait of Hormuz in 24 hours and the US authorised Iranian oil sales.

2d ago · 4 min · Markets

Energy secretary says U.S. has ended Iran's ability to close Strait of Hormuz

U.S. Energy Secretary Chris Wright said American action has ended Iran's ability to close the Strait of Hormuz, citing 72 ships carrying 19 million barrels of oil through the waterway in the past 24 hours. The claim, if accepted by markets, could reduce the longstanding geopolitical risk premium in global oil prices.

2d ago · 3 min · Global Affairs

US inflation tops 4% for first time in three years, keeping Fed hike in play

US inflation hit 4.1% in May 2026, its highest level in three years, driven by rising energy prices, keeping a Federal Reserve rate hike in September firmly on the table. Consumer spending rose on tax refunds and a stock market rally, while business investment in AI equipment also rebounded.

2d ago · 3 min · Economy