News Overview

Even as Fed rate trajectory is uncertain, there is reason to be optimistic on inflation

This acquisition would increase Airtel's stake to 52%, making them the majority shareholder.

Broader market indices outperform with Midcap and Smallcap indices up 0.2% and 0.6% respectively.

Investors with very high risk appetite and want to invest in special situations theme should invest in the Mirae Asset Nifty EV and New Age Automotive ETF for 5 or more years.

The deal involves building three new, advanced Kalvari-class (Scorpene) submarines to bolster India's underwater defense capabilities.

Inclusion in the FTSE All World Index effective from June 21st further boosted investor sentiment.

Japanese yen weakens near 160-yen level against the dollar, raising concerns for Japanese authorities.

Stronger dollar, fueled by US economic data and French election jitters, puts downward pressure on oil.

Gold prices rise slightly on Monday due to a dip in Treasury yields.

The deal was initially valued at ₹400 crore with an option to increase by ₹100 crore.