*Financial News*
Source: Leading Newspapers
*Compiled by RUDRA SHARES*
Vande Mataram
*Monday, 29 June 2026*

*Banking & Financial Services*
• Zerodha plans to enter investment banking; seeks SEBI registration.
• PFC and REC boards approve merger scheme; shareholders to receive 88 PFC shares for every 100 REC shares.
• Foreign portfolio outflows moderated in June amid improving market sentiment.
• Former HDFC Bank Chairman Atanu Chakraborty says his resignation was a "call of conscience."

*Capital Markets & Commodities*
• Gold prices decline as renewed US-Iran tensions stoke inflation concerns.
• Gold prices may correct further as Indians sold nearly 50 tonnes to book profits.
• Silver stood at ₹2,18,680 (spot) on June 28
• Gold stood at ₹1,39,843 (spot) on June 28
• Dalal Street Week Ahead: US-Iran tensions and crude oil prices among key factors to watch.

*Corporate & Business*
• Late-night food delivery demand surges during the FIFA World Cup.
• Adani bribery case: US judge's query unlikely to delay DoJ proceedings, says lawyer.
• Waaree Energies says US probe found no Chinese communication devices in solar panels.
• Prestige Group holds ₹65,000 crore of unrecognised revenue from pre-sales, says Chairman.
• Embassy Group to invest ₹1,500 crore in new office developments in Bengaluru.
• Tata Motors Passenger Vehicles plans four new EV launches and over 10 model refreshes by FY31.
• Persistent Systems' acquisition of Nagarro may hurt near-term earnings but strengthen long-term growth.
• China and India see leading companies lose global market-cap share amid AI race.
• Lupin receives USFDA tentative approval for Enzalutamide tablets.
• Indoco Remedies' Goa manufacturing plant receives EU GMP certification.
• Transrail Lighting secures overseas transmission & distribution orders worth ₹459 crore.

*Economy*
• India and Seychelles announce 19 agreements covering defence, digital payments, space and healthcare.
• China emerges as a key growth market for India's frozen shrimp exports, while the US remains the largest export destination in FY26.
• EY recommends India expand strategic crude oil reserves to reduce supply risks.
• BIS warns the AI boom may not be sustainable, highlighting rising debt, inflation and financial stability risks.
• China becomes a major supplier of soybean oil, increasing India's import dependence.
• Government aims to launch an index for unincorporated sector enterprises before 2031.

*Politics & Governance*
• West Bengal Assembly set to table Uniform Civil Code and public safety bills.
• BJP's UCC move in West Bengal triggers political contest with the Trinamool Congress.
• Bihar CM Samrat Choudhary claims most criminals have fled to Nepal.
• Chief Election Commissioner Gyanesh Kumar begins a three-day visit to Jammu & Kashmir to interact with voters and Booth Level Officers.
• Trinamool Congress files four fresh complaints against a rebel faction.
• Madras High Court refuses adjournment, calling change of counsel a "devious" delay tactic.

*International*
• US and Iran reportedly agree to halt hostilities and resume Doha peace talks.
• Crude oil war-risk premium likely to remain elevated as shipping through the Strait of Hormuz has not fully normalised, says Alchemy Capital.

*Jai Hind*
*Rudra Hai to Mudra Hai*
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