Since last month, the retail prices of gasoline and diesel have increased four times; the most recent increase, of Rs 2.6 and Rs 2.7 per liter, respectively, was announced last week. With the exception of a few paise, the cost of gasoline and diesel has not changed much as of June 8. Since the beginning of the US-Iran war, prices have risen by Rs 7.5–8. The ongoing crisis in the Middle East has caused global oil prices to jump, which has had a huge impact on oil marketing companies. Diesel costs Rs 95.20 per litre, while petrol costs Rs 102.12…
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OnePlus has officially revealed the launch date of the OnePlus Turbo 6X series after teasing it for a few days. The two versions in the series, the Turbo 6X and Turbo 6X Pro, will make their debut in China on June 10. In addition to disclosing the launch date, the company has verified a few important features of the Pro version. OnePlus Turbo 6X Pro key specifications confirmed The OnePlus Turbo 6X Pro will include a Samsung AMOLED display with 1.5K resolution support, according to the posters below. The screen offers full-brightness DC dimming and is designed for outdoor visibility.…
Strong US economic statistics caused investors to reduce expectations of near-term interest rate reduction, while rising oil prices diverted focus from bullion. As a result, gold and silver prices fell in international markets on Monday, continuing sharp losses from the previous week. Silver is down 2.49 percent to USD 67.39 an ounce, while gold futures on COMEX are down USD 30.80, or 0.71 percent, at USD 4,334.50 an ounce. The drops came after a dramatic correction last week, when silver fell around 9% and gold lost nearly 5% due to stronger-than-expected US labor market data that raised Treasury yields and…
The Securities and Exchange Board of India (Sebi) has given Prism, the parent company of the travel and hospitality technology platform OYO, permission to move forward with its planned initial public offering (IPO), moving the business one step closer to a stock market listing. The corporation intends to issue new shares in order to raise Rs 6,650 crore. In December 2025, Prism submitted its draft documents via Sebi’s private pre-filing method, which allowed it to start the regulatory review process without immediately giving the public access to comprehensive financial data. The company’s most recent attempt to go public is the…
New Delhi, June 1, 2026 — In a move that signals growing maturity in India’s digital economy, five of the country’s most influential online platforms — Amazon, Eternal (formerly Zomato), Meesho, Swiggy, and Zepto — have formally launched the Digital Commerce Coalition (DCC), an industry-led body created to shape the future of digital commerce in India through unified policy engagement and collaborative action. The announcement, made on June 1, marks the first time these competing giants have come together under a single institutional umbrella—a clear sign that the stakes of India’s digital commerce battle have moved beyond market share and into the…
The emergence of AI has not only changed global technology leadership but also started to affect capital flows, market valuations, and sectoral preferences worldwide, with foreign investors withdrawing more than Rs 2.2 trillion from Indian equities in 2026 and directing capital towards AI-driven markets. Sonam Srivastava, Founder and Fund Manager at Wright Research PMS, talks about whether India is on the wrong side of the AI trade, how domestic sectors can take part in the global AI buildout, and why she thinks a completely different group of companies may lead the next bull market in an exclusive interview with BW…
Ola Electric Mobility said that the Rs 780 crore qualified institutional placement (QIP), which was oversubscribed in relation to the shares issued, had been successfully completed. The manufacturer of electric two-wheelers announced that its board had approved the distribution of 21.75 crore equity shares, each having a face value of Rs 10, to qualified institutional buyers who meet the eligibility requirements. The shares would be issued at a price of Rs 35.86 per share, which includes a premium of Rs 25.86. The floor price of Rs 37.74 per share was 4.98 percent less than the issue price. Motilal Oswal Mutual…
Introduction Going from student to confident pro is super important. Today’s biz world is super competitive and always changing. So, while schooling should teach theory, it really needs to do more. It must ready folks for real-world issues, job demands, and future career success too. This is where an online BBA becomes really important. It’s more than just a degree; it’s a full learning experience that builds skills, confidence, and job readiness. With IIM’s online BBA becoming more popular, students can get top-notch education that blends flexibility with real-world industry contacts. Let’s see how an online BBA turns students into…
According to its Integrated Report and Annual Accounts 2025-26, Tata Steel has presented an ambitious growth and transformation roadmap for FY27, supported by a Rs 20,000-crore capital expenditure plan, new cost-saving initiatives worth Rs 7,100 crore, and an accelerated push towards green steel and digital transformation. Despite pressure on steel prices and uncertainty in the world economy, the steelmaker produced a satisfactory financial performance in FY26. Profit after tax more than quadrupled to Rs 10,886 crore from Rs 3,174 crore the year before, while consolidated EBITDA increased 35% year over year to Rs 34,848 crore. Higher deliveries throughout South-East Asia…
According to the most recent Gold Market Commentary published by the World Gold Council (WGC), gold prices slightly decreased in May 2026 as investor risk appetite improved and modest withdrawals from gold exchange-traded funds (ETFs) reduced demand for the safe-haven asset. However, the industry group thinks that later this year, the US Federal Reserve may decide to raise interest rates, which would eventually help bullion. In terms of US dollars, gold dropped 1.4% in May, closing the month at USD 4,546 per ounce. Although prices increased in Turkey and India as a result of policy changes and local currency weakness,…









