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 Indian Sector Specific News:

A) BFSI:

1) REC to Raise ₹1.55 Lakh Crore via Bonds

  • REC Ltd, a government-owned finance company, will raise up to ₹1.55 lakh crore over the next year by selling bonds in parts, after getting shareholder approval.
  • It also decided to shut down a subsidiary in Madhya Pradesh, and reported a 5.5% profit rise in Q4 FY25 with ₹4,236 crore net profit.
  • Source: CNBC-TV18

2) RBI May Allow More Foreign Ownership in Indian Banks

  • RBI is discussing whether to increase the foreign ownership cap in Indian banks (currently 15%), especially to attract buyers for banks like IDBI.
  • So far, any foreign stake above 5% needs RBI approval, though special cases like Fairfax (51%) and SMBC (20%) have been allowed.
  • Source: CNBC-TV18
3) Fintechs Offer EMI Option to Ease Rising Health Insurance Costs

  • Startups like BimaPay Finsure and Finsall now let individuals and companies pay health insurance premiums in EMIs instead of lump sums, helping manage rising costs.
  • These fintechs offer short-term financing at 16–20% interest and are expanding services from individuals to MSMEs and corporates with a “Buy Now, Pay Later” model.
  • Source: Economic Times
4) Sebi Warns Investors Against Fake Messages Misusing Its Name and Logo

  • The Securities and Exchange Board of India (Sebi) has issued a warning about fraudulent messages circulating on various platforms that misuse Sebi’s name, logo, and officials' identities. These messages include fake notices demanding fines, bogus sale certificates related to PACL properties, and forged documents claiming use of third-party vendor accounts.
  • Sebi urged the public to verify any communication purportedly from Sebi on its official website before responding. It reminded investors that all official Sebi documents carry unique reference numbers and that genuine orders, notices, and certificates are accessible on Sebi’s website. 
  • Source: Business Standard
5) Sebi Plans to Make It Easier for More Investors to Become Accredited

  • Sebi wants to increase the number of accredited investors by simplifying the registration process, possibly lowering fees, and allowing digital verification through existing accounts like mutual funds and demat. This will help more high net worth individuals (HNIs) access special investment options with lighter regulations.
  • To qualify as an accredited investor, a person or entity must meet income or net worth criteria, such as having an annual income over ₹1-2 crore or a net worth above ₹5-7.5 crore, mostly in financial assets. This status allows them to invest in exclusive funds like private equity and venture capital.
  • Source: Moneycontrol
6) Sebi Eases IPO Rules for Firms with Many Shareholders

  • Sebi says having many public shareholders isn’t a violation if no capital was raised via public offers, allowing IPOs for firms like HDB Financial and Hero FinCorp.
  • Companies had thousands of shareholders mainly from ESOP conversions or private trades; Sebi now accepts this as compliant unless otherwise proven.
  • Source: Business Standard

B) Automobile:

1) Only BS6, CNG & Electric Vehicles Allowed in Delhi from Nov 1

  • Starting November 1, 2025, only BS6, CNG, and electric vehicles (light to heavy) will be allowed to enter Delhi; older vehicles will be blocked using ANPR cameras at entry points and petrol pumps.
  • Delhi will also prohibit fuel for old ICE vehicles, test artificial rain via cloud seeding with IIT Kanpur, and install mist sprayers in pollution hotspots to reduce dust.
  • Source: Motoroctane

C) Pharma:

1) SPARC Stock Crashes 20% After Psoriasis Drug Fails in Trials

  • Sun Pharma Advanced Research (SPARC) hit a 20% lower circuit after its key drug SCD-044 failed Phase 2 trials for psoriasis and atopic dermatitis; development has been halted.
  • Despite a 59% rise in revenue in Q4 FY25, the company reported a ₹61 crore loss; this is a setback for its drug pipeline, while its Halol plant also faces USFDA scrutiny.
  • Source: Trade Brains
2) NPPA Sets Retail Prices for 41 New Drugs, Majority Anti-Diabetics

  • NPPA has fixed retail prices for 41 new drugs, 70% of which are anti-diabetic combinations like empagliflozin and sitagliptin, after patent expiry and company requests.
  • Prices were also set for drugs treating cholesterol, bacterial infections, insomnia, pain, anemia, and cold from firms like Zydus, Glenmark, Dr Reddy’s, Mankind, and others, as per DPCO, 2013 rules.
  • Source: Pharmabiz

D) FMCG:

1) FMCG Stocks Rise as Broader Market Gains; Sensex Surges Over 380 Points

  • FMCG stocks traded mostly higher by 11:31 AM on June 5, 2025, led by LT Foods (+3.82%), Heritage Foods (+3.74%), and Euro India Fresh Foods (+2.82%). However, Emami (-1.48%), Colgate-Palmolive (-0.65%), and Dabur (-0.64%) were among the top losers in the sector.
  • The BSE Sensex was up 386.42 points at 81,384.67, while NSE Nifty50 rose 115.3 points to 24,735.5. Key Nifty gainers included Eternal (+5.74%), Dr. Reddy's (+2.82%), and Trent (+2.43%), reflecting strong market sentiment.
  • Source: Economic Times

E) Agriculture:

1) Union Minister Shivraj Singh Chouhan Pushes Renewable Energy Integration in Farming at National Agro-RE Summit 2025

  • Union Agriculture Minister Shivraj Singh Chouhan at the National Agro-Renewable Energy (RE) Summit 2025 in Delhi stressed transforming farmers into both food and energy providers through the integration of solar energy in agriculture. He emphasized elevated solar panels over crop fields as a promising model, assuring government support for viable innovations.
  • Chouhan highlighted that since 2014-15, agricultural production has increased by 40% under PM Modi’s leadership. He promoted organic and integrated farming, particularly for marginal farmers, and underlined the PM-KUSUM scheme as a key driver for ensuring farmers’ energy security.
  • Source: PIB Delhi

F) Energy:

1) Oil India’s Subsidiary NRL to Build Aviation Fuel Plant in Odisha

  • Numaligarh Refinery Limited (NRL) will set up a 200 KTPA aviation fuel plant in Odisha as part of its 2040 net-zero goal and rising fuel demand strategy.
  • NRL is also expanding capacity from 3 to 9 MMTPA via a 1,635 km pipeline and exploring bamboo-based activated carbon with IIT Guwahati's help.
  • Source: Economic Times
2) India May Boost Shale Gas, LNG & Crude Imports from US

  • India is exploring increased imports of shale gas, LNG, and crude oil from the US to diversify energy sources and take advantage of lower US prices.
  • Talks on a bilateral trade deal are ongoing, with both countries aiming to double trade to $500 billion by 2030.
  • Source: Economic Times
3) PM Modi Showcases 11 Years of Energy Sector Reforms

  • PM Modi highlighted India's renewable energy progress, with 232 GW installed and 176 GW under construction; India ranks 3rd in solar and 4th in wind energy globally.
  • Ministers Pralhad Joshi and Hardeep Singh Puri detailed reforms in renewables and hydrocarbons, emphasizing clean, affordable energy and global energy transition leadership.
  • Source: ET

G) IT:

1) IT Sector Outlook for FY26: Growth Likely to Stay Muted

  • BofA Securities' Kunal Tayal expects FY26 IT growth to stay low at ~3% due to tariff uncertainties; margin expansion will be tough amid slower growth and employee cost pressures.
  • Discretionary IT spending in auto/retail is weak, but cost takeout deals and banking sector demand remain stable; valuations seen as reasonable with some firms likely to outperform.
  • Source: Economic Times

Indian Economy and Government Initiatives:

  • India can build a cleaner and stronger future by turning waste into wealth through a circular economy—reusing, recycling, and reducing waste—which will protect the environment, create jobs, and support growth without harming nature.
  • Uttar Pradesh’s new Homestay Policy 2025 boosts local tourism by allowing residents to register their homes as affordable and eco-friendly lodging for pilgrims and tourists, creating jobs, supporting grassroots income, and promoting authentic cultural experiences.
  • India has raised concerns that Pakistan may misuse the $800 million ADB aid for defense spending instead of economic reforms, citing military control over policy and poor reform implementation.

Indian Stock Market Update:

  • Sensex jumped 444 pts to 81,442 and Nifty closed at 24,750, up 131 pts ahead of RBI policy.
  • Eternal, Dr Reddy's, Trent were top gainers while IndusInd Bank and Bajaj Finserv were among top losers.
  • Pharma, IT, and metal sectors rose; PSU Bank was the only sector to end in the red.

Bonus Briefs:

  • Trump says China’s Xi is “extremely hard to make a deal with” amid rising US-China trade tensions.
  • Trump pushes for trade deals as economic pressure builds, especially with China and the EU.
  • US treasuries and German bunds gained, while China’s manufacturing sector showed weakness.
  • Elon Musk criticizes Trump’s proposed bill, raising questions about the future of their alliance.
  • Taiwan Semiconductor warns that AI chip demand is exceeding supply, adding global tech pressure.



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