*Financial News* 
Source: Leading Newspapers
*Compiled by RUDRA SHARES* 
Vande Mataram
Saturday, 06 June 2026

*Banking, Finance & Regulation*
• IDFC First Bank fraud was isolated case involving collusion: KPMG
• Free flow of FCNR(B) money: RBI to bear hedging costs on NRI FX deposits, easing banks’ overseas funding
• PSUs to get concessional forex swaps to boost external borrowings
• RBI increases FY27 inflation forecast by 50bps to 5.1% amid West Asia war
• RBI MPC June 2026 Highlights: RBI holds repo rate at 5.25%, cuts FY27 GDP forecast to 6.6%; eases forex, FPI measures
• ICICI Prudential Mutual Fund temporarily restricts large subscriptions in gold ETF
• MPC takes a cautious pause, signals monetary tightening ahead
• FIIs extend selling streak, offload Rs 8,776 crore on June 5, DIIs purchase Rs 9,134 crore
• India moves to launch VCC regime in GIFT City, aiming to rival Singapore fund structures
• RBI says 4% inflation target not in abeyance; future rate action tied to price persistence
• India exempts foreign investors from taxes on G-Sec investments, issues ordinance
• Gold ETFs shut door on large investments after discussions with Sebi amid rupee concerns

*Commodities*
• Silver stood at Rs 2,57,129 spot on June 5
• Gold stood at Rs 1,53,959 spot on June 5
• Gold falls most in two months as jobs fuel Fed rate-hike bets

*Consumer, FMCG & Retail*
• Geopolitical churn continues to impact costs, amid diverse consumer expectations: Nestle chairman Manish Tiwary
• Small packs make big gains as budgets shrink and costs rise
• Consumer spending holds firm in India’s 7.7% GDP growth; but watch out for oil, monsoon hazards

*Miscellaneous*
• Trai plan to regulate internet TV triggers pushback from OTT, broadcaster groups
• Hindustan Zinc plans Rs 50k-cr capex pipeline for next 5 years
• Regulator, cos discuss price hike for some cancer drugs

*Capital Markets & IPOs*
• CMR Green Technologies IPO subscribed 127 times on Day 3
• Paras Healthcare refiles draft papers for Rs 1,800-crore IPO
• Hexagon Nutrition IPO subscribed 1.65 times on Day 1; retail, NII fully booked
• SEBI clears OYO parent Oravel Stays and four other IPOs

*Exports, Trade & Economy*
• India can increase seafood exports to $30 billion in five years: Piyush Goyal
• Stagflation risks rise as oil hurts global growth

*Politics & Government*
• Tamil Nadu BJP vice president Karu Nagarajan resigns after Annamalai exit
• Facing rebellion, Mamata turns to loyalists, old timers in TMC overhaul
• Our views on Tamil Nadu don't align: Annamalai quits BJP, promises shift in politics
• Security stepped up across Delhi ahead of Cockroach Janta Party protest call
• Minister Ramalinga Reddy quits DK Shivakumar cabinet within two days over portfolio row
• Govt to establish impregnable border grid with smart border project: Amit Shah

*Global Affairs & Geopolitics*
• US-Iran tensions escalate as CENTCOM says military hit radar installations in Goruk, Qeshm Island

Jai Hind
Rudra Hai to Mudra Hai 
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