CHENNAI: Private equity and venture capital (PE-VC) investments fell 5% year-on-year during the Jan-June period of CY2026 to $17.5 billion, compared with $18.4 billion in the corresponding period of CY2025. PE-VC investments, excluding those in the real estate sector, remained flat at $1.9 billion in June 2026, according to data released by research firm Venture…
MUMBAI: Foreign portfolio investors turned net buyers in June after months of sustained outflows, as a surge in sovereign debt inflows offset continued equity selling and pushed overall flows into positive territory.According to data, June recorded net inflows of $531 million, marking the first positive monthly print after a prolonged phase of withdrawals. This was…
NEW DELHI: India’s passenger vehicle industry ended the first quarter of FY27 on a strong footing, with most major automakers reporting healthy year-on-year growth in June, reflecting resilient consumer demand for SUVs and electric vehicles, despite supply disruptions at select manufacturers.Tata Motors Passenger Vehicles emerged as the biggest gainer among leading carmakers, reporting sales of…
MUMBAI: Average daily UPI volumes rose to 75.7 crore in June from 74.8 crore in May, up 1.2% month-on-month, while average daily value held steady at Rs 96,405 crore against Rs 96,465 crore, down 0.1%. According to National Payments Corporation of India, this stability in daily run rates came even as headline monthly numbers softened…
Signs reading in Russian “We are sorry, the equipment is temporarily out of service” are seen on gas pump nozzles at a Gazprom Neft gas station in Moscow (AP photo) Russia is facing an unprecedented fuel shortage after months of Ukrainian drone strikes damaged oil refineries and disrupted supplies, leading to fuel rationing, long queues…
The latest collections were higher than the Rs 1,71,105 crore recorded in June 2025 India’s gross Goods and Services Tax (GST) collections rose 13.9 per cent year-on-year to Rs 1,94,812 crore in June 2026, driven largely by a sharp increase in tax revenues from imports, according to provisional data released by the finance ministry on…
China can now conduct national security reviews of overseas investments or transfers that could affect the country’s interests China has introduced sweeping new regulations to tighten scrutiny of overseas investments, with the framework coming into effect on Wednesday amid growing technological competition with the United States.The new rules, announced by China’s State Council on June…
Wall Street falls as AI giants slide; investors track Iran tensions and Fed outlook US stocks traded under pressure on Wednesday as declines in major artificial intelligence-related companies weighed on the broader market, despite gains across most other sectors.Investors also remained cautious over US-Iran tensions, interest rate uncertainty and the outlook for inflation.The S&P 500…
From an employee’s perspective, some of the most notable changes relate to withdrawals and access to savings. (AI image) Employees’ Provident Funds Scheme, 2026: The Ministry of Labour and Employment has notified the Employees’ Provident Funds Scheme, 2026. This has been notified by the government under the Code on Social Security, 2020. It replaces the…
File photo: PM Modi with Japanese PM Takaichi India and Japan are set to sign an agreement to strengthen liquefied natural gas (LNG) supply security amid ongoing global supply chain disruptions, with the pact expected to be concluded during Thursday’s annual summit between Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi.The two countries…