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Morning News

11/06/2026

*Financial News*
Source: Leading Newspapers
 *Compiled by RUDRA SHARES* 
Vande Mataram
Thursday, 11 June 2026


*Corporate & Business*
• Tata Starbucks could expand to 8,000 stores in India: Chandrasekaran
• Zee Entertainment plans ₹2,300 crore fundraise to back expansion plans
• Wockhardt targets 50% of revenue from novel drugs within five years
• Airtel to continue its postpaid plan despite backlash over 'slicing'
• Zepto's user base falls for first time in March despite surging marketing costs
• After SoftBank, ADIA-backed trust plans to sell 2.3% stake in Lenskart via block deal
• Mahindra hit hard where it hurts the most with vanishing muscle


*Government, Politics & Policy*
• PM Modi thanks NDA leaders, vowes to continue working with renewed vigour in service of India
• Congress loses its elected representatives faster in Gujarat than the vote share
• TMC's MP Sushmita Dev quits party, resigns from Rajya Sabha; meets Assam CM Himanta Biswa Sarma
• Modi's 12 years restored India's self-respect: Amit Shah
• Mamata Banerjee seeks close Congress ties, triggers buzz of 'merger wish'
• West Bengal: CM Suvendu Adhikari keeps home, Swapan Dasgupta gets finance, Tapas Roy industry
• Agriculture Ministry's FY27 budget at Rs 1.4 lakh crore a five-fold jump from 2013-14 level


*Economy & Trade*
• India attracted $843 billion in FDI between 2014-15 and 2025-26: Official
• Govt extends anti-dumping duty on aluminium foil imported from China & 3 other nations till December
• Urea imports may get 50% cheaper before kharif season as China eases supplies
• India waives excise duty on higher ethanol-blended petrol
• Government garners over Rs 2.5 lakh crore dividend from listed PSUs in three fiscals


*Banking, Finance & Regulation*
• President Murmu approves merger of REC with Power Finance Corporation
• RBI permits banks to lend only to SEBI-Registered REITs & InvITs; 80% cash-generating assets mandatory
• RBI proposes unified framework for banks' risk, compliance and audit functions
• No individual data, Sebi to tweak AMC exec pay norms
• Bombay HC raises major questions on SEBI ODR framework, sets aside award in three-decade old ABB share dispute case
• Retail interest in government bonds grows as registrations cross 6.4 lakh
• Major brokers to launch EGR on their platform, but face stiff challenge from digital gold and ETFs


*Commodities*
• India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrels
• Oil rises $2 as Iran announces closure of Strait of Hormuz following US strikes
• Silver stood at Rs 2,33,648 spot on June 10
• Gold stood at Rs 1,46,695 spot on June 10
• Gold slips to six-month low as rate-hike fears outweigh Middle East tensions


*Capital Markets*
• CMR Green Tech shares hit lower circuit post bumper market listing
• Indian 10-year bond yield down 0.10% on tax relief-driven FPI buying
• FIIs net sell shares worth Rs 2,125 crore, DIIs net buy Rs 3,124 crore on June 10
• SEBI mistook Valcambi's EBITDA for standalone revenue; all documents submitted: Rajesh Exports' chairman


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