Elon Musk becomes world’s first trillionaire as SpaceX surges
SpaceX shares jumped as much as 30 per cent on their Nasdaq debut following the largest IPO in history, valuing the company above USD 2 trillion. The blockbuster listing, which raised over USD 75 billion, made Elon Musk the world’s first trillionaire
12 June,2026 11:24 PM IST | New York | AFPTata Motors to hike passenger vehicle prices by up to 1.5 per cent from July 1
Tata Motors Passenger Vehicles (TMPV) will increase prices of its passenger vehicle lineup, including ICE and electric models, by up to 1.5 per cent from July 1. The company said the move is aimed at partially offsetting rising input costs and inflationary pressures, with the hike varying across models and variants
12 June,2026 02:39 PM IST | Mumbai | mid-day online correspondentMumbai leads Tata Power's EV charging push with over 1,800 chargers
Tata Power has expanded its EV charging network to more than 5,500 stations across over 700 cities and towns in India. The infrastructure has enabled electric vehicles to travel over 414 million green miles while preventing nearly 50,000 tonnes of CO2 emissions, with Maharashtra accounting for over 2,400 chargers
12 June,2026 02:14 PM IST | Mumbai | mid-day online correspondentGovernment waives customs duty on nuclear fuel imports from 2019 to 2026
The retrospective exemption covers non-irradiated fuel elements and cartridges used in nuclear reactors, formalising a practice that had generally been followed during the period
12 June,2026 11:52 AM IST | New Delhi | IANSGold rebounds after declining for multiple days, silver futures also fall on MCX
Gold prices rebounded on Friday after four consecutive sessions of decline, with MCX gold futures rising over 0.5 per cent. In Mumbai, 24-karat gold crossed Rs 1.50 lakh per 10 grams, while silver futures traded lower amid concerns over the US Federal Reserve's interest rate outlook
12 June,2026 11:42 AM IST | Mumbai | mid-day online correspondentGold, silver prices fall as Fed rate-hike concerns weigh amid escalating tension
Gold and silver prices declined sharply on Thursday as concerns over potential US Federal Reserve rate hikes dampened investor sentiment. MCX gold futures fell 1.5 per cent to Rs 1,47,412 per 10 grams, while silver futures slipped nearly 1%. Gold prices in Mumbai and Delhi also eased
12 June,2026 11:19 AM IST | Mumbai | mid-day online correspondentSensex and Nifty rallies 1,000 points, Nifty climbs after Trump's Iran remarks
Indian equity markets opened sharply higher on Friday, with the Sensex surging over 1,000 points and the Nifty gaining more than 1 per cent. Positive global cues, falling crude oil prices and reports that US President Donald Trump had backed away from striking Iran boosted investor sentiment
12 June,2026 09:57 AM IST | Mumbai | mid-day online correspondentCentre waives excise duty on petrol blended with up to 30 per cent ethanol
The exemption covers E22, E25, E27 and E30 fuel variants that meet Bureau of Indian Standards specifications. The move is part of India’s broader push to expand ethanol blending, reduce crude oil imports and promote renewable fuels
11 June,2026 02:27 PM IST | New Delhi | mid-day online correspondentSensex, Nifty open in red amid rising crude oil prices and West Asia War
Indian stock markets opened sharply lower on Thursday as escalating West Asia tensions and surging crude oil prices dented investor sentiment. Sensex fell over 450 points, while Nifty slipped more than 100 points, with IT stocks leading the decline and pharma bucking the trend
11 June,2026 10:31 AM IST | Mumbai | mid-day online correspondentGold prices falls; prices in Mumbai and Delhi below 1.5 lakh mark
Gold and silver prices extended losses for a third consecutive day, with MCX gold futures dropping nearly 2 per cent. Gold rates in Mumbai and Delhi also declined as investors tracked West Asia tensions, crude oil movements and broader global economic uncertainty
10 June,2026 03:01 PM IST | Mumbai | mid-day online correspondentMumbai gold price stands at Rs 1.54 lakh per 10 gm; Silver prices also fall
Gold prices in Mumbai and Delhi edged lower on Tuesday, while silver showed marginal gains after a sharp fall. Indian stock markets rallied as easing Iran-Israel tensions lifted investor sentiment, with the Sensex and Nifty gaining in early trade
10 June,2026 11:28 AM IST | Mumbai | mid-day online correspondentZepto’s IPO filing highlights widening losses, ED probe concerns
Zepto said it has reported losses every year since its launch in 2021 and may continue to post negative cash flows as it invests in expansion. While revenue more than doubled to Rs 22,623.58 crore in FY26, net losses widened to Rs 5,905.19 crore
09 June,2026 02:57 PM IST | New Delhi | PTIGold and silver fall nearly 4 per cent amid global tensions
MCX Gold opened at Rs 1,54,177 and silver at Rs 2,51,001 in early trade with losses of nearly 4 per cent in some sessions during the day. Gold prices in Mumbai on Monday stood at Rs 1,54,438 for 10 grams of 24-Karat gold
08 June,2026 06:25 PM IST | Mumbai | mid-day online correspondentUnion Budget 2024: How will budget impact your Income, Savings & Taxes?
The Union Budget 2024 was announced on 23rd July by Finance Minister Nirmala Sitharaman. While the budget touched upon varied sectors of priorities for the government, it has raised several questions for the middle class. Are the taxes simplified enough? Will the standard deductions given matter much? What should be the right approach to investing? In the episode of Money Matters, Certified Financial Planner and SEBI Registered Investment Advisor Kalpesh Ashar in conversation with Mid-day’s Katyayani Kapoor explains various aspects of personal finance related to this year’s budget. From the widening of the tax slabs, raising STT on F&O, and raising taxes on Capital Gains to the new pension scheme for minors, in this video Kalpesh Ashar busts the myth and explains how these reforms can impact you.