Commercial LPG Prices Hiked by Up to Rs 53.50 Per Cylinder from June 1 — Restaurants and Businesses Hit Hard
Commercial LPG Gets Costlier Across India from June 1 Commercial LPG cylinder prices have been increased by Rs 42 to Rs 53.50 per
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Business & Economy
Iran Suspends Ceasefire Talks with US and Threatens to Close Strait of Hormuz Again Over Lebanon Strikes
Iran Accuses Washington of Ceasefire Violations, Suspends Diplomacy Iran announced on Monday that it has suspended all ceasefire negotiations with the United States
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SoftBank Overtakes Toyota to Become Japan’s Most Valuable Company as AI Bet Pays Off Under Masayoshi Son’s Vision Fund Strategy
SoftBank Group surpasses Toyota Motor to become Japan’s most valuable listed company. The achievement caps a remarkable turnaround driven by AI investments and ARM’s soaring valuation.
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Gold Demand Crashes 70 Percent Across India After Modi Austerity Appeal and Import Duty Hike from 6 to 15 Percent
India’s gold demand plunges 70% after import duties more than doubled. PM Modi’s call to pause gold purchases for a year compounds the effect. Total tax burden now 18.45%.
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Crude Oil Jumps Over 2 Percent as Israel Orders Troops Deeper into Lebanon Despite Ceasefire — Brent Nears 93 Dollars
Oil prices surge as Israel escalates Lebanon military operations. Brent crude rises to $93.28 and WTI to $89.73. Strait of Hormuz mine concerns add to supply worries.
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Indian Startup IPO Wave 2026 — Zepto Flipkart OYO and 24 Others Line Up for Record Rs 47000 Crore Year
Indian startups could raise over Rs 47,000 crore in IPOs in 2026. Zepto targets July listing, Flipkart defers to 2028, while 24 companies have filed DRHPs with SEBI.
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Myanmar President Min Aung Hlaing Arrives in India on Historic Five-Day Visit to Strengthen Ties With Modi
Myanmar President U Min Aung Hlaing begins a 5-day India visit from May 30 to June 3. He will meet PM Modi on June 1 and visit Bodh Gaya, New Delhi, and Mumbai.
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Centre Halves Windfall Tax on Petrol Exports and Slashes Diesel ATF Levies From June 1
India cuts special additional excise duty on petrol exports to Rs 1.5/litre, diesel to Rs 13.5/litre and ATF to Rs 9.5/litre from June 1. Domestic fuel prices unchanged.
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India Power Demand Shatters All Records at 265 GW as Deadly Heatwave Pushes Temperatures Past 48 Degrees Celsius Across Northern India
India’s peak power demand has hit an all-time record of 265.44 GW as severe heatwave conditions persist across northern and central India. Temperatures have crossed 48°C in Uttar Pradesh, with Delhi recording its warmest May night in 14 years.
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The AI Cost Reckoning Has Arrived — Microsoft Cancels Claude Code Licenses as Uber Burns Entire Annual AI Budget in Just Four Months
Microsoft is cancelling most internal Claude Code licences by June 30, migrating to GitHub Copilot CLI. Uber exhausted its annual AI budget in four months after 92% of engineers adopted AI coding tools. Sam Altman and Dario Amodei now admit their job-loss predictions were wrong.
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