*Financial News*
Source: Leading Newspapers
*Compiled by RUDRA SHARES*
Vande Mataram
*Sunday, 21 June 2026*

*Banking & Financial Services*
• SBI raises its FCNR (B) game with 9x leverage play under RBI scheme
• PhonePe wallet inactivity fees do not affect bank accounts or UPI transactions
• Lower oil prices open door for MPC to time policy normalisation: ICICI Research
• ICCL adopts new identity as BSE Clearing

*Corporate & Business*
• Flipkart extends Indian ecommerce lead, Myntra widens lead in fashion: BofA
• Sun Pharma adds Innovcare to its fold in ₹271.2 crore all-cash transaction
• Warship-maker GRSE conferred 'Navratna' status; defining moment for company, says CMD
• Odisha coal gasification project to meet 35% of India's ammonium nitrate needs by 2030: Industry
• BHEL, Coal India investing ₹25,000 crore in Odisha coal gasification project: G Kishan Reddy
• Adani’s airport bet is drawing global hotel giants

*Economy & Policy*
• India needs greater self-reliance and lower dependence on foreign capital, defence, energy and technology: Kotak
• Affordable housing, rental expansion and RERA reforms set to define next growth phase in India's urban regions: Report
• India-US trade deal can't be implemented until we have 'competitive advantage': Piyush Goyal

*Energy*
• Iran says it has closed Strait of Hormuz over alleged US-Israeli ceasefire breaches
• 3 Indian-flagged oil tankers transit through Strait of Hormuz
• A 60-day clock starts ticking on Iran deal as Trump threatens US tolls in Hormuz
• US disputes Iranian claims about closing Strait of Hormuz as negotiators head to Switzerland

*Commodities*
• Hawkish Fed and a fragile Iran deal leave commodity markets on shaky ground
• Silver stood at ₹2,31,829 (spot) on June 20
• Gold stood at ₹1,44,606 (spot) on June 20

*Markets*
• D-Street Week Ahead: Lower volatility signals calm, but resistance looms large

*IPO Watch*
• Jio Platforms plans $3 billion debt reduction from IPO proceeds
• NSE IPO DRHP reveals case of 5,000 shares landing in wrong demat account

*Politics*
• Congress names Julfikar Ali as Congress Legislature Party leader in West Bengal
• Bengal broke free of its shackles, return of state's glory has begun: Modi
• His admiration for PM appears to have transcended physical world: Congress slams Tharoor
• Manipur CM Y. Khemchand Singh urges dialogue for peace, highlights railway expansion and welfare schemes
• Congress training camp for functionaries begins in Chhattisgarh; Rahul Gandhi to attend on June 21
• Sunetra Pawar's brother among eight acquitted by CBI court

*Jai Hind* 
*Rudra Hai To Mudra Hai*
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