*Financial News*
Source: Leading Newspapers
Compiled by *RUDRA SHARES*
Vande Mataram
Friday, 12 June 2026

*Corporate & Business*
• Ashok Leyland explores autonomous Stallion, drones for armed forces
• Mukesh Ambani's Reliance Group enters Mumbai slum redevelopment sector
• MakeMyTrip adds paid flexible check-in, check-out option for hotel bookings
• NCLT admits SBI's personal insolvency plea against Anil Ambani
• Indian Overseas Bank raises rates on select fixed deposits by 10 bps
• US drug regulator issues import alert for drugs made at a Dabur India plant
• TCS announces strategic partnership with Anthropic; to set up dedicated BU
• India shouldn't look to West for agentic payment protocols: Pine Labs CEO
• HAL files forgery case over fake certification of Tejas components
• Vodafone Idea at inflection point, better days ahead: Kumar Mangalam Birla

*Banking & Financial Services*
• Bank credit grows 17.4% in May as rising yields push companies to loans
• PSBs may lose the edge over private peers as tightening liquidity, rising credit costs may impact growth

*Politics & Governance*
• Congress chief Mallikarjun Kharge, three others elected to Rajya Sabha from Karnataka
• BJP candidates from Manipur, Arunachal elected unopposed to Rajya Sabha
• NDA represents 80 per cent land, 76 per cent population under PM Modi: Amit Shah
• Weeks after BJP takes charge, Bengal unlocks ₹126 crore in tribal welfare funds
• SC to hear plea by Cong's Meenakshi Natarajan today
• 'Party first, interference won't be tolerated': Sunetra Pawar to cadre
• Congress to launch stir against economic woes, paper leaks, 'seat chori'

*Economy & Trade*
• India's strong growth keeps state finances stable despite deficits, rising debt: S&P
• India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World Bank
• India protecting industry from unfair trade practices of certain countries: Piyush Goyal
• India grants retrospective custom duty relief on imports of select nuclear power generation equipment
• Tieups with higher per capita income nations beneficial to all: Piyush Goyal

*Commodities*
• Silver stood at Rs 2,33,231 spot on June 11
• Gold stood at Rs 1,44,730 spot on June 11
• Investors fret about rates and dollar, cut back on gold, silver
• Dollar steadies on ceasefire prospects, PPI eases pressure
• Crude oil slides as Trump calls off planned strikes on Iran

*Technology & IT*
• Another AI aftershock sends Indian IT stocks for tumble
• AI will hurt developed economies far more than India and other EMs: Bernstein

*Capital Markets & IPOs*
• IPO mkt growing, healthy participation needed: Sunder Iyer
• Jewellery brand Rambhajo parent files RHP, IPO to hit Dalal Street next week
• Susan Electricals IPO sees healthy subscription on day 1, Utkal Speciality issue remains undersubscribed on day 2
• ADIA sells 2.3% stake in Lenskart for Rs 1,960 crore to 19 investors including Morgan Stanley, Goldman Sachs, SBI MF
• FIIs net sell shares worth Rs 1,987 crore, DIIs net buy Rs 4,225 crore on June 11
• Vedanta group's four demerged businesses to debut on stock exchanges on Monday
• Sebi gives more time for merchant bankers to comply with SBU, net worth timelines

*Global Business*
• Elon Musk becomes world's first trillionaire after SpaceX's record $75-billion IPO

*Energy*
• Government bars bulk users from buying petrol, diesel at retail pumps for up to 90 days

Jai Hind
Rudra Hai to Mudra Hai
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