Category: Business

Business

Sensex, Nifty open 1% lower amid West Asia tensions, weak global cues

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Sensex, Nifty open 1% lower amid West Asia tensions, weak global cues

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Indian equities opened sharply lower on Monday (June 8, 2026), with benchmark indices falling 1% each amid escalating tensions in West Asia, rising crude oil prices and weak global cues. Sensex opened at 73,421.61, down over 800 points or 1.11%, while Nifty began the…

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Mcap of 7 of top-10 most valued firms erodes by ₹1.25 lakh cr; Reliance takes biggest hit

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Mcap of 7 of top-10 most valued firms erodes by ₹1.25 lakh cr; Reliance takes biggest hit

Image used for representational purpose only. File | Photo Credit: Getty Images/iStockphoto The combined market valuation of seven of the top-10 most-valued firms eroded by ₹1.25 lakh crore last week, with Reliance Industries taking the biggest hit, in-line with a bearish trend in equities. Last week, the BSE benchmark Sensex declined 532.4 points, or 0.71%,…

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Tata Steel says U.K. plant’s low-emission project facing delays in securing electricity access

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Tata Steel says U.K. plant’s low-emission project facing delays in securing electricity access

Tata Steel may have to defer the timeline of its £1.25 billion U.K. project for transitioning to a low-carbon steel-making process by six to eight months, as the company is facing delays in “securing access to electricity”. Also read | U.K. fire crews battle blaze at Tata Steel’s plant in Wales As part of its…

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Business

India’s energy demand boom to reshape global markets, says Rosneft chief

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India’s energy demand boom to reshape global markets, says Rosneft chief

India will account for about half of global oil demand growth and 15% of the increase in global electricity consumption over the next decade, making it one of the world’s most important energy markets, Igor Sechin, chief executive of Russian oil producer Rosneft, said. Also read | India’s power consumption grows 11.55% to 164.98 billion…

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Business

LPG Price Hike: Government says rates in India among world’s lowest despite 46% jump in global benchmark

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LPG Price Hike: Government says rates in India among world’s lowest despite 46% jump in global benchmark

Indian households continue to pay among the lowest prices for cooking gas globally despite a sharp rise in international LPG prices triggered by disruptions in West Asia, the government said on Sunday (June 7, 2026), a day after increasing domestic LPG prices by ₹29 per cylinder. The price of a 14.2-kg domestic LPG cylinder in…

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OpenAI plans ChatGPT ‘superapp’ overhaul ahead of listing, FT reports

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OpenAI plans ChatGPT ‘superapp’ overhaul ahead of listing, FT reports

Image used for representational purposes only. File | Photo Credit: Getty Images/iStockphoto OpenAI is ​planning its biggest ‌ChatGPT overhaul yet, aiming ​to ⁠turn it into a “superapp” with coding tools ‌and AI agents ‌to boost ‌revenue ⁠ahead of ⁠a planned share listing, the Financial Times ​reported ‌on Sunday (June 7, 2026). Also read | OpenAI…

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