Nifty crossed 24,000 and Sensex settled at 77,410 this week as the US-Iran peace deal sent Brent crude below $80 and strengthened the rupee to 94.50. A hawkish Fed and weak FII flows kept the rally grounded.
India's Q4 FY26 GDP came in at 7.8%, beating the 7.0-7.2% consensus by 60-80 bps. FY26 full year at 7.7%. Here is what the beat means for Indian investors and RBI's FY27 outlook.
RBI kept repo at 5.25% for a third straight meeting on June 5 - but revised GDP down to 6.6% and lifted CPI projection to 5.1%, signalling a hawkish hold with no near-term easing path.
MOSPI releases Q4 FY26 GDP on June 6-7, two days after RBI held repo at 5.25%. Consensus clusters at 7.0-7.2%, down from Q3's 7.8%. Here is what a beat or miss means for bonds and INR.
IMD carries an orange heatwave alert for Bihar, Jharkhand, and Odisha as temperatures hit 45.9C in Odisha and 45.1C in Bihar - driven by a Bay of Bengal moisture lull and a delayed monsoon onset.
Siddaramaiah handed his resignation at Lok Bhavan on May 28, ending a three-year standoff over Karnataka's rotational-CM arrangement. DK Shivakumar takes oath June 3.
IMD's second-stage forecast puts June-September 2026 at 90% of LPA with a 60% chance of deficient rainfall - the first below-average monsoon call in three years, as El Nino nears certainty.
The June 3-5 MPC meeting faces converging pressure: WPI at a 42-month high of 8.3%, CPI at 3.48%, crude near $106/barrel, and a below-normal monsoon forecast. Most analysts expect a hold.
Sri Ganganagar hit 48.2C, Banda matched it. Here is the atmospheric science - anticyclonic ridges, absent Western Disturbances, soil feedback - behind North India's May 2026 heatwave.
India's southwest monsoon is set to reach Kerala around May 26, days ahead of its normal June 1 onset — even as Delhi and the north bake under 44°C heatwaves. What the IMD forecast says, and why El Niño is the wildcard.
After 125 basis points of cuts through 2025, the RBI has held the repo rate at 5.25% with a neutral stance. Here's what the pause means for borrowers, savers, and investors in India, explained in plain terms.