Breaking
Northeast Herald — Latest from Tripura & Northeast India

Finance

Dalal Street bleeds! Sensex tanks over 1,600 points after Trump declares Iran ceasefire 'over'

Mumbai/IBNS: The Indian stock market witnessed a sharp sell-off on Wednesday, with the BSE Sensex plunging more than 1,600 points after fresh tensions erupted in the Middle East following US President Donald Trump's declaration that the US-Iran ceasefire was over.

Sensex crashes over 500 points as West Asia tensions trigger market panic

Mumbai/IBNS: The Indian stock market extended its losses on Wednesday, with the BSE Sensex plunging over 500 points at the opening bell amid rising geopolitical tensions in West Asia and a sharp spike in crude oil prices.

Indian markets defy global gloom! Sensex, Nifty extend winning streak for fifth straight session

Mumbai/IBNS: Indian equity benchmark indices extended their winning streak for a fifth consecutive session on Tuesday, opening in the green amid mixed global cues, media reports said.

Xbox to cut 3,200 jobs as AI reshapes gaming business, CEO says 'we must reset organisation'

Microsoft-owned Xbox will lay off 3,200 employees—about 20 per cent of its global workforce—over the next year as the gaming division undergoes a major restructuring driven by artificial intelligence investments and slowing business performance.

Microsoft to cut nearly 4,800 jobs as AI spending soars, focus shifts to efficiency

Microsoft is laying off about 4,800 employees, or roughly 2.1 per cent of its global workforce, as the tech giant doubles down on artificial intelligence (AI) investments while looking to streamline operations and improve efficiency, according to Reuters.

Ashok Leyland partners with Rosmerta Recycling to drive responsible commercial vehicle scrappage

Ashok Leyland, a commercial vehicle manufacturer, on Monday announced a partnership with Rosmerta Recycling to enable the responsible scrappage of end-of-life commercial vehicles across India.

E20 petrol under fire! Mileage, engine fears and politics behind India's ethanol debate

India's nationwide rollout of E20 petrol has become one of the country's most closely watched energy policy debates.

Laser Power & Infra Limited: Initial public offering to open on July 9

Kolkata-based Laser Power & Infra Limited has proposed to open an initial public offering of its equity shares of face value of ₹5 each on Thursday, July 9, 2026.

Adani's mega defence project aims to create 5,000 jobs in Madhya Pradesh

Adani Defence & Aerospace, the defence and aerospace arm of Adani Enterprises Limited (AEL), on Monday announced it broke ground on a Rs. 2,500-crore project in Shivpuri, Madhya Pradesh (MP), to establish South Asia's largest private-sector missile ecosystem.

Defence stocks jump after Rs 52,000 crore DAC approval sparks buying frenzy

Mumbai/IBNS: Defence stocks surged on Monday after the Defence Acquisition Council (DAC) approved capital acquisition proposals worth approximately Rs 52,000 crore, boosting investor sentiment over the prospects of fresh domestic defence orders, media reports said.

India's toy exports jump 239 percent in 4 years; Piyush Goyal sets ambitious 10-fold growth target

Commerce and Industry Minister Piyush Goyal on Saturday said India's toy exports have surged 239 per cent over the last four years and urged the industry to build on the momentum by targeting tenfold growth in the coming years.

Canada eyes big investment in West Bengal after government change, Kalyani Airport on radar

Kolkata/IBNS: Canadian High Commissioner to India Christopher Cooter has said Canada is increasing its engagement with West Bengal, signalling a significant shift following the change in government in the state.

Air India, SIA Engineering ink agreement for collaboration on MRO

Tata Group-owned Air India, India’s leading global airline, announced the signing of a Memorandum of Understanding (MoU) with SIA Engineering Company Limited (SIAEC) to explore a collaboration in Maintenance, Repair and Overhaul (MRO) which will contribute to the development of India as a global aviation MRO hub.

BPCL acquires Videocon’s Oil & Gas interests in Brazil. All details inside

Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and a Maharatna PSU, through its upstream entity, Bharat PetroResources Limited (BPRL) has successfully completed the acquisition of all of Videocon’s shareholding in its Brazilian Joint Venture company, IBV Brasil Petróleo Ltda. (IBV).

India-US trade deal almost done! Piyush Goyal hints at breakthrough

New Delhi/IBNS: Union Commerce and Industry Minister Piyush Goyal on Thursday said the proposed trade agreement between India and the United States has entered its final stage, with most key issues having been resolved.

Government revives IDBI Bank privatisation; mega Rs 55,000 crore deal back on track

Mumbai/IBNS: The Centre has revived its long-pending plan to privatise IDBI Bank, inviting fresh financial bids from the existing shortlisted bidders in a renewed push to complete the strategic disinvestment during the current financial year, according to an NDTV Profit report.

From rally to rout: Zee Entertainment shares crash after denying Rs 418 crore FDI report

Mumbai/IBNS: Shares of Zee Entertainment Enterprises Ltd. (ZEEL) fell nearly 4 percent on Thursday after the company denied media reports claiming it had received a Foreign Direct Investment (FDI) of Rs. 418 crore from OFI Global China Fund LLC, according to media reports.

Sensex soars nearly 300 points! Here's what's fueling the market rally

Mumbai/IBNS: The Indian stock market opened on a positive note on Thursday, with the BSE Sensex rising 0.4 percent and the NSE Nifty 50 gaining 0.36 percent in early trade, according to media reports.

Renault India sustains growth momentum; June wholesales rise 55%

Renault India, a wholly owned subsidiary of the Renault Group, reported a 55% year-on-year increase in domestic wholesales to 4,063 units in June 2026, driven by sustained demand across its product portfolio.

Mahindra farm equipment business sells 58,177 Tractors in June 2026

Mahindra & Mahindra Ltd.’s Farm Equipment Business (FEB), part of the Mahindra Group, on Wednesday announced its tractor sales numbers for June 2026.

Mahindra’s Trucks & Buses Business sells 3249 vehicles in June 2026

Mahindra & Mahindra Ltd. (M&M Ltd.), on Wednesday, announced that its overall sales, including exports in the Trucks and Buses business (CV > 3.5T) for the month of June 2026 stood at 3249 vehicles, a y-o-y growth of 5%.

NEWS-BUSINESS-BANK OF BARODA

Mizuho Bank, Ltd, the banking arm of Mizuho Financial Group, Inc, one of the largest full-service financial institutions in the world, and Bank of Baroda, India’s International Bank, announced a strategic partnership to enhance collaboration across mergers and acquisitions (M&A) financing, structured lending, cross-border financing solutions, and broader corporate and investment banking opportunities.

Ashok Leyland unveils India’s first air suspension trucks — A game-changer for heavy loads

Ashok Leyland, the Indian flagship of the Hinduja Group and one of the country’s leading commercial vehicle manufacturers, on Wednesday announced the launch of India’s first range of trucks with air suspension.

Mahindra Auto reports 60,393 SUV sales, 28% growth; total sales hit 1,06,207 units

Automobile major Mahindra & Mahindra Ltd. (M&M Ltd.) on Wednesday announced that its overall auto sales for June 2026 stood at 1,06,207 vehicles, a growth of 37% including exports.

Planning a Greece trip? There's one big payment change you should know

India's Unified Payments Interface (UPI) has gone live in Greece, making digital payments easier and more convenient for Indian travellers visiting the European nation.

Commercial LPG price slashed by Rs 183.50 from July 1; check new rates in Delhi, Mumbai, Kolkata and Chennai

Mumbai/IBNS: Hotels, restaurants and other commercial establishments received a major relief on Tuesday as the price of 19-kg commercial LPG cylinders was reduced, according to media reports.

Uber launches record 'My Ride', 'Ambulance Assistance' in major safety push

Ride-sharing app Uber on Tuesday continued its effort to raise the bar on safety with new and industry-first safety features designed to make every trip safer for riders and drivers.

Jindal India seals long-term Dongkuk deal to power India's appliance manufacturing boom

Jindal (India) Limited, part of the BC Jindal Group and one of the leading downstream steel products manufacturers in the country, on Tuesday announced a long-term supply partnership with Dongkuk India to cater to the growing demand for high-quality coated steel products from the country's rapidly expanding home appliance industry.

Finance Ministry panel clears Rs 1.25 lakh crore for India Semiconductor Mission 2.0: Report

The Finance Ministry's Expenditure Finance Committee (EFC) has approved an outlay of Rs 1.25 lakh crore for the India Semiconductor Mission (ISM) 2.0, giving a push to the country's ambitious semiconductor manufacturing initiative, media reports said.

PFC, REC boards approve merger; combined loan book to exceed ₹11 lakh crore

The Boards of Directors of Power Finance Corporation Limited (PFC) and REC Limited (REC) have approved the Scheme of Merger under which REC will merge into PFC, subject to the approval of shareholders, creditors, and regulatory authorities.