9 июня 2026 года

News in English

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Economictimes.indiatimes.com 

US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in half

Airlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last year. This surge in energy costs is impacting global airline profits. Industry experts predict profits could be cut almost in half by 2026. Airlines are responding by raising fares and cutting flights.

Economictimes.indiatimes.com 

Best tax saving mutual funds or ELSS to invest in June 2026

Taxpayers can save income tax up to Rs 1.5 lakh annually by investing in Equity Linked Savings Schemes (ELSS). These tax-saving mutual funds offer potential for higher returns over the long term and have a shorter three-year lock-in period compared to other 80C options. Investors should be aware of the inherent risks associated with equity investments.

Economictimes.indiatimes.com 

SBI, PNB, other PSU bank stocks tumble up to 21% from record highs. Time to buy or wait?

Public sector bank stocks have seen a significant drop from their recent peaks. The Reserve Bank of India has introduced measures to attract foreign investment in government securities. Experts suggest these steps are positive for the banking sector. However, caution is advised, with a focus on quality banks possessing strong fundamentals.

Economictimes.indiatimes.com 

US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payouts

A government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these taxes illegal. The court will decide if refunds are expedited. The Justice Department appealed a ruling for all businesses to get refunds. This hearing may clarify the refund process. The agency is working on refunding older shipments.

Economictimes.indiatimes.com 

NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opens

The government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 crore. The OFS opens for non-retail investors on June 9, with a floor price of Rs 303 per share, a discount to its previous closing price.

Economictimes.indiatimes.com 

US Army Apache helicopter crashes near Strait of Hormuz: Report

A U.S. Army Apache helicopter gunship crashed near the Strait of Hormuz on Monday, with both crew members safely rescued. The cause of the incident remains unclear, with possibilities including Iranian fire, mechanical failure, or another issue. Reuters has not yet verified the report.