calender_icon.png 2 June, 2026 | 9:00 PM

Market/Money

`35,000 crore credit lifeline extended to crisis-hit MSMEs

02-06-2026

Banks have sanctioned ₹35,000 crore loans under the Emergency Credit Line Guarantee Scheme (ECLGS) to Micro, Small and Medium Enterprises (MSMEs) and industries impacted by the West Asia conflict.

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GST kitty grows 3.2% in May to `1.94L cr

02-06-2026

Gross Goods and Services Tax (GST) collections rose 3.2% to over ₹1.94 lakh crore in May on higher supplies of goods and services, as well as collection from imports, government data showed on Monday. The gross GST collection stood at ₹1.88 lakh crore in May 2025.

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India’s fiscal deficit in Apr almost doubles YoY, at 21.4% of FY27 aim

02-06-2026

The central government's fiscal deficit in April stood at ₹3.623 trillion, accounting for 21.4% of the Budget estimate of ₹16.958 trillion for the current financial year, according to data released by the Controller General of Accounts (CGA) on Monday. The fiscal gap for the month was nearly double the year-ago figure of ₹1.863 trillion.

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99% details of US trade deal finalised: Goyal

02-06-2026

Union Minister of Commerce and Industry Piyush Goyal on Monday said India and the US have finalised most elements of the first phase of the bilateral trade agreement, and negotiations are now focused on a few minor issues, commas, and full stops.

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Stock markets end down on rise in crude prices; global concerns

02-06-2026

Benchmark stock indices Sensex and Nifty fell for the fourth straight session on Monday due to selling in FMCG, financial, and auto shares amid elevated crude oil prices and fresh turmoil in West Asia.

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The same wind now moves oil, rain and power

01-06-2026

The old habit of treating oil, rainfall, diplomacy and monetary policy as separate stories quietly disappeared. Throughout May, these forces converged until they began speaking a common language.

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