Economy

Improving international conditions have helped restore confidence in financial markets, contributing to the rupee's recent gains, said Union Minister Piyush Goyal.

This development comes after the country suspended talks with the US to reach a peace deal after Israel launched strikes at Lebanon.

Delegates from participating countries will discuss the changing landscape of national security, with particular emphasis on the challenges posed by emerging technologies and evolving threats.

The biggest win seems to be the opening of the Strait of Hormuz and many argue that was exactly the case before the war. The fact, that a day after the deal, talks between the two sides in Switzerland got stalled underlines how flimsy the prospect of peace is.

According to data compiled by Vortexa and reported by Bloomberg, around 40 very large crude carriers (VLCCs) loaded with non-sanctioned crude from Gulf producers are currently positioned inside the Persian Gulf.

Employee unions push for higher fitment factor and pension reforms as stakeholder consultations gather pace across the country.

Under the revised framework, RBI-regulated entities, such as banks and NBFCs, undertaking securitisation will be exempt from the existing 25% obligor concentration limit for single-asset securitisation transactions.

Sitharaman asserted that the Centre has made infrastructure, connectivity and sustained ministerial attention the cornerstones of its development agenda for the region.

The government encourages those institutions or employers who generate new jobs, PM Modi said, adding that the PM-VBRY forms a bridge between the youth and the industry for first-time job seekers.

Saugata Bhattacharya cited the RBI inflation expectations survey, which indicated a consistent and significant increase in one year ahead inflation expectations.

RBI's Monetary Policy Committee unanimously decided to keep the policy repo rate unchanged at 5.25% earlier in June for the third time in a row.

Emergency fuel measures imposed amid the West Asia crisis could be eased in phases as the government monitors supply, demand and market stability.

The Persian Gulf Strait Authority says that during the 60-day period to reach final Iran deal, charges related to security, safety and environmental services will not be collected from shipowners and instead be covered by the Iranian government.

In the previous reporting week, the overall reserves had dropped $711 million to $681.610 billion.

One of the most closely watched demands before the 8th Pay Commission concerns the methodology used to determine minimum basic pay.

The revised target of $4,900 an ounce for December implies bullion is still expected to gain ground in the second half, although less than previously expected, analysts Lina Thomas and Daan Struyven said in a note.

Warsh used his maiden press conference to hail a "new chapter" for the central bank's relationship with financial markets - one based less on guidance and speeches and more on the data as it comes.

Foreign Secretary noted the progress being made on the conclusion of the agreement and emphasised the upcoming visit of US trade representative Jamieson Greer to further the deliberations.

The US-Iran bilateral trade has been negligible since the past three decades, after Washington imposed sweeping sanctions in 1995.

The liquidity surplus reported on June 17 was the lowest level since March 22, 2026.