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The Reserve Bank of India (RBI) has announced the opening of payment systems connectivity between India and Cambodia, allowing Indian tourists to use the Unified Payments Interface (UPI) to make merchant payments throughout Cambodia via QR codes. The program represents a significant advancement in India’s endeavors to broaden the reach of its digital payments infrastructure worldwide. Launched in Phnom Penh on June 2, 2026, the first phase of the partnership creates interoperability between Cambodia’s national QR code standard, KHQR, and India’s UPI. Under the direction of the RBI and the National Bank of Cambodia, NPCI International Payments Limited (NIPL) and…

Hero MotoCorp’s shares increased by about 3% on Thursday following the company’s announcement of two new flex-fuel motorcycles that can run on gasoline mixed with up to 85% ethanol. In front of Nitin Gadkari and Hardeep Singh Puri, the motorcycles were unveiled in New Delhi ahead of World Environment Day. Hero MotoCorp launched the Splendor+ Flex Fuel and HF Deluxe Flex Fuel models in an effort to provide more environmentally friendly and sustainable mobility options. The company’s shares increased by up to 3% to Rs 4,850.40 on the NSE after the announcement. The business claims that the Splendor+ Flex Fuel…

For the Avinya line of high-end electric vehicles, Tata Motors has changed its approach. For the Avinya EV vehicles, the domestic automaker will employ Chery-JLR’s (CJLR) Freelander platform. For the Avinya models, this platform will take the role of the previously intended JLR Electrified Modular Architecture (EMA). The Tata Avinya X, which is scheduled to go on sale sometime next year, is anticipated to be the first vehicle to use this technology. Following the cancellation of the automaker’s first deal with Jaguar Land Rover, Reuters claimed that the Freelander platform from Chery for the electric vehicles under Tata’s luxury Avinya…

A significant development in a protracted antitrust lawsuit that may soon result in a penalty ruling is Apple’s agreement to provide the Competition Commission of India (CCI) with the financial accounts of its Indian firm. Apple last month consented to submit its India-specific financial data, which the Competition Commission of India normally needs in order to determine possible fines, according to a private ruling examined by Reuters. The CCI approved Apple’s attorney’s request for a “final extension” until June 25 to provide the information during a hearing on May 21. The move comes after a probe conducted in 2024 revealed…

In the fourth quarter of FY26, India’s non-banking financial firms (NBFCs) demonstrated a generally robust performance, bolstered by robust expansion in the areas of car lending, affordable housing financing, and gold financing. However, a sector study by 360 ONE Capital Research suggests that the sector may face significant issues in the upcoming quarters due to growing funding costs and possible inflationary pressures. The report observed that while high gold prices continued to sustain strong growth in the gold loan segment, affordable housing finance firms continued to report solid growth and mostly maintained their medium-term assets under management (AUM) targets. Gold…

India’s commercial LPG customers are starting to face pressure because of rising global crude oil prices and supply issues related to conflicts in West Asia. While local LPG prices are still largely constant, restaurants, cloud kitchens, and hospitality enterprises are experiencing greater operational costs. Businesses are more susceptible to worldwide energy shocks since commercial cylinders, in contrast to home LPG, are market-linked and updated more regularly. While household cooking gas prices have not changed, commercial LPG prices have increased by Rs 42–53.50 per 19-kg cylinder since June 1 due to rising crude oil costs and supply issues related to the…

Following an increase in ByteDance Ltd.’s valuation and additional advancements in the Chinese company’s AI aspirations, Zhang Yiming overtook Mukesh Ambani as Asia’s second-richest person. According to the Bloomberg Billionaires Index, Zhang’s net worth increased to $92.8 billion, solidifying his status as the richest individual in China. Since Bloomberg began monitoring the ByteDance co-founder’s wealth in March 2019, when he was valued at $13 billion, his fortune has increased more than sevenfold. The increase coincides with the popularity of ByteDance’s video app TikTok and its Doubao AI chatbot, which has collected over 300 million monthly users to become the most…

June 2026 Car Launches: May 2026 was packed with notable launches, including the updated Tata Tiago and Tiago EV, the Honda City facelift, the MG Majestor, the BMW M440i Convertible, and special editions of the Mercedes-Benz GLE, GLS, and Mini Cooper S. The momentum looks set to continue in June, with several exciting models expected to arrive across segments. Let’s take a look at some of them. Mercedes-Benz S-Class facelift Launch date: June 15, 2026 The new S-Class will debut in India on June 15, according to Mercedes-Benz. A new S 450e plug-in hybrid version with a 3.0-liter turbo-petrol inline-six…

-by Jaya Pathak Inflation in this guise is not playing the textbook way. It was a wait for another half year and a half since many central banks across the globe started easing rates with much of it being done in a cautious manner, only to declare victory in the battle against the post-pandemic price spiral – and here we are, in the mid-2026 quarter, watching input costs creep upward in industries ranging from speciality chemicals to logistics to commercial real estate. The consumer price index in India and United States may not be flashing red but for anyone reading…

At a time when the market has benefited from consistent demand, declining inflation, and predictions of a lower interest-rate environment, the conflict in West Asia is emerging as a new variable for India’s real estate sector. Construction costs, developer profits, and homebuyer affordability might all be impacted by any protracted disruption that keeps energy prices high. The consequences could affect borrowing rates, investment attitude, and demand in important housing segments in addition to increased input costs. The industry is keenly monitoring whether global developments start to impact the momentum created over the previous few years as developers manage cost challenges…