RBI likely to hold rates, outlook expected to turn more hawkish: HSBC

IANS | June 2, 2026 12:35 PM

New Delhi, June 2 (IANS) The Reserve Bank of India is expected to keep policy rates unchanged in the upcoming Monetary Policy Committee meeting, although its communication may turn more hawkish as rising oil prices and a weaker rupee complicate the inflation outlook, according to an economist at HSBC.

Nvidia CEO Jensen Huang backs higher pay amid AI boom

IANS | June 2, 2026 12:18 PM

New Delhi, June 2 (IANS) As the artificial intelligence boom reshapes the global technology industry, compensation and profit-sharing are increasingly emerging as key issues, with Nvidia CEO Jensen Huang arguing that workers should be paid as much as possible.

India-US trade deal talks begin today: What to expect

IANS | June 2, 2026 11:23 AM

New Delhi, June 2 (IANS) India and the US are scheduled to hold fresh trade negotiations from Tuesday and both sides are aiming to finalise the first phase of a long-awaited Bilateral Trade Agreement (BTA) that could significantly reshape trade ties between the two countries.

Govt set to revise WPI base year, launch Producer Price Index

IANS | June 2, 2026 10:06 AM

New Delhi, June 2 (IANS) The government is set to revise the base year of the Wholesale Price Index (WPI) to 2022-23 and launch the Producer Price Index (PPI), a significant step towards updating India’s inflation measurement framework.