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Job aspirants at a mega job fair. | Photo Credit: S. Mahinsa The unemployment rate (UR) in the country has increased by 0.3 percentage points to 5.5% in May 2026 compared to April 2026 according to the Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics & Programme Implementation in New Delhi on…
HCLTech would invest $150M as the lead strategic investor in this round. | Photo Credit: Reuters Sarvam, a sovereign AI firm, on Monday (June 15, 2026) said it has raised $234 million in the first close of its $300 million Series B at a post-money valuation of $1.5 billion. HCLTech and Bessemer Venture Partners invested…
Read More “Sarvam raises $234 million; HCLTech leads the round; hits $1.5 billion in valuation” »
PPI – acronym from wooden blocks with letters, abbreviation Producer Price Index, Payment Protection Insurance PPI concept, random letters around | Photo Credit: Roman Didkivskyi The government on Monday (June 15, 2026) came out with Producer Price Index (PPI) data for both goods and services for the first time to better reflect price movement, paving…
Read More “Govt releases producer price index data; to replace WPI in 5 years” »
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto India’s merchandise exports jumped to a record high of $45.2 billion in May 2026, 18% higher than in May last year, according to official data. However, despite this, India’s overall trade deficit widened to $10.5 billion due to a sharper growth in imports of both…
Stock markets rose for the second straight session with the benchmark Sensex closing higher by 736 points on Monday (June 15, 2026), propelled by a rally in global equities and a sharp decline in crude oil prices after the U.S. and Iran finalised a deal to end their 107-day war. The 30-share BSE Sensex jumped…
The rupee rose 47 paise to settle at 94.71 (provisional) against the U.S. dollar on Monday (June 15, 2026) as global crude oil prices dropped sharply after U.S. President Donald Trump announced that the U.S. and Iran finalised a deal to end the war. A surge in the domestic equity markets and a weaker U.S….
Read More “Rupee rises 47 paise to settle at 94.71 against U.S. dollar” »
Representational image only. File | Photo Credit: Reuters Fintech Razorpay has confidentially filed draft papers for an Initial Public Offering (IPO) likely sized at around $600 million, a source aware of the matter told Reuters on Monday (June 15, 2026). The confidential route allows IPO-bound firms to keep their filings private until the launch of…
Wholesale price inflation shot up to 9.68% in May, from 8.26% in April, led by a sharp spike in prices of fuel and power, manufactured and food items. | Photo Credit: Shiv Kumar Pushpakar Wholesale price inflation shot up to 9.68% in May, from 8.26% in April, led by a sharp spike in prices of…
Read More “WPI inflation rises to 9.68% in May as fuel, food, manufactured items see price spike” »
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s domestic investors rejoiced after Brent crude prices dropped as clarity emerged regarding the US-Iran deal, on 14 June 2026. Nifty and Sensex opened at over 1% from the previous close, at 23,984.85 and 76,725.27 points and sky rocketed to a high 24,011.40 and…
Read More “Investors upbeat as U.S.-Iran set to sign deal on June 19” »
Image used for representation purpose only. | Photo Credit: The Hindu In May 2026 Passenger Vehicles recorded wholesales of 4.39 lakh units, a growth of 27.3% over May 2025. During the month 0.71 lakh units of three-wheelers were sold, up 31.1% and 19.02 lakhs units of two-wheelers were sold with a growth of 14.8% in…
Read More “Passenger Vehicle wholesales in May 2026 touch 4.39 lakh units, up 27% Y-o-Y” »