*Financial News*
Source: Leading Newspapers
*Compiled by RUDRA SHARES*
Vande Mataram
*Sunday, 28 June 2026*

*Banking & Financial Services*
• Power Grid raises borrowing limit to ₹2.2 trillion; board approves plan.
• HDFC Mid Cap Fund crosses ₹1 lakh crore in AUM.
• Indians hold off on USD bond investments amid higher yield expectations.
• Kotak Mahindra Bank likely to consider two internal candidates for the CEO role; shortlist may be sent to RBI by August.

*Corporate & Business*
• Persistent Systems to acquire German digital engineering firm Nagarro to strengthen its European presence.
• Amber Group eyes the $2 billion revenue milestone and announces ₹6,750 crore investment in Uttar Pradesh projects.
• India's clean energy sector steps up global talent hiring.
• Sarovar Hotels plans to double its branded residences portfolio.
• India's ethanol strategy faces cautious response from automakers, consumers, and industry experts.
• Strides Pharma to sell a majority stake in Pivot Path to an Ascent Capital-led consortium for ₹100 crore.
• India aims to localise production of printed circuit boards, creating a potential ₹40,000 crore manufacturing opportunity.

*Economy & Policy*
• Uttar Pradesh targets 20,000 MW of renewable energy capacity over the next 2–3 years, says Yogi Adityanath.
• India's higher nominal GDP growth could help contain fiscal pressures despite global risks, says EY.
• CBIC clarifies that new GST jurisdictions will handle pending cases after businesses shift jurisdiction.
• AI and semiconductors remain among the best global investment themes, says Dongare.
• Companies should prioritise profitability over share price, says NSE chief.
• Chris Wood warns of risks that could bring an end to the AI investment rally.
• Jewar is set to emerge as India's leading electronics and semiconductor hub, says Ashwini Vaishnaw.

*Political & General News*
• Manickam Tagore appointed as the new Tamil Nadu Congress chief.
• Sikh body urges the Uttarakhand government to act against "disruptive elements".
• SGPC backs Akal Takht's decision against Bhagwant Mann; major meeting scheduled for July 5.
• Differences emerge within the Kerala government over the PM SHRI scheme.
• Punjab's AAP government reverses its stand and notifies the Centre's VB-G RAM G scheme.
• Amit Shah launches Bharat Taxi services across nine cities in Gujarat.

*Commodities*
• Silver (Spot): ₹2,18,680 (as on 27 June).
• Gold (Spot): ₹1,39,843 (as on 27 June).
• Commodity markets await the US jobs report for signals on the Federal Reserve's policy path.

*Jai Hind*
*रुद्रा है तो मुद्रा है*
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