Business News: Economy & Markets

PhonePe’s wallet inactivity notifications: What users need to know

IANS | June 20, 2026 1:55 PM

New Delhi, June 20 (IANS) Recent wallet inactivity notifications from PhonePe have led to increased consumer interest in digital wallets and how they function. One of the key observations from these discussions is that many users continue to assume that their PhonePe account, UPI account, and PhonePe Wallet are the same. In reality, these are different payment instruments that operate independently and serve different purposes.

Oil majors reduce low‑carbon spending to invest in hydrocarbons over energy security concerns

IANS | June 20, 2026 1:25 PM

New Delhi, June 20 (IANS) Global oil majors are cutting back on low‑carbon investments and refocusing on conventional oil and gas investments due to energy security concerns from geopolitical conflicts, a report said on Saturday.

BFSI thematic funds lead May returns as SIP flows favour large caps: Report

IANS | June 20, 2026 12:33 PM

Mumbai, June 20 (IANS) Banking, financial services and insurance (BFSI) thematic funds led the investment universe in May, returning 5.5 per cent and attracted Rs. 1,013 crore in inflows due to prevalence of large cap stocks, a report said on Saturday.

Northeast region now home to global landmarks: FM Sitharaman

IANS | June 20, 2026 12:22 PM

New Delhi, June 20 (IANS) Finance Minister Nirmala Sitharaman said on Saturday that the northeastern region is now home to global landmarks, showcasing sustainable and inclusive development.

India clocks strong double-digit growth in global cellular IoT module market

IANS | June 20, 2026 11:56 AM

New Delhi, June 20 (IANS) The global cellular IoT module market is expected to maintain steady growth in 2026, after growing 4 per cent (year-on-year) in Q1 2026 -- with India clocking robust double-digit growth, according to a new report.

FII shift marks notable improvement in overseas investor sentiment

IANS | June 20, 2026 11:35 AM

New Delhi, June 20 (IANS) Foreign institutional investors (FIIs) snapped a prolonged dry spell to emerge as net buyers this week, amounting to Rs 3,386 crore, marking a notable improvement in the overseas investor sentiment.

Need to build trust, resilience and security across internet ecosystem: IT Secretary

IANS | June 20, 2026 11:20 AM

New Delhi, June 20 (IANS) As National Internet Exchange of India (NIXI) completed 23 years, its Chairman and MeitY Secretary, S. Krishnan, has stressed the need to build trust, resilience and security across the Internet ecosystem.

Nifty, Sensex post nearly 1.7 pc weekly gain over hopes of US-Iran peace pact

IANS | June 20, 2026 10:49 AM

Mumbai, June 20 (IANS) The Indian equity benchmarks posted second consecutive week of strong gains, over investor optimism about improved geopolitical situation following the US-Iran peace agreement, and decline in Brent crude prices.

Vessels with nearly 80 mn barrels ready to test Hormuz opening

IANS | June 20, 2026 9:54 AM

New Delhi, June 20 (IANS) Nearly 80 million barrels of crude oil are ready to transit the Strait of Hormuz if a tentative US‑Iran deal leads to a sustained reopening of the vital shipping corridor.

Northeast steadily positioning itself as gateway for opportunity and engagement

IANS | June 20, 2026 9:46 AM

New Delhi, June 20 (IANS) Twelve years of focused effort have reshaped the development landscape of the northeast and improvements in connectivity, energy, basic services, and livelihoods have worked together to create a stronger and more integrated region, according to an official fact-sheet on Saturday.

business

PhonePe’s wallet inactivity notifications: What users need to know

Oil majors reduce low‑carbon spending to invest in hydrocarbons over energy security concerns

BFSI thematic funds lead May returns as SIP flows favour large caps: Report

Northeast region now home to global landmarks: FM Sitharaman

India clocks strong double-digit growth in global cellular IoT module market

FII shift marks notable improvement in overseas investor sentiment

Need to build trust, resilience and security across internet ecosystem: IT Secretary

Nifty, Sensex post nearly 1.7 pc weekly gain over hopes of US-Iran peace pact

Vessels with nearly 80 mn barrels ready to test Hormuz opening

Northeast steadily positioning itself as gateway for opportunity and engagement

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