Big News !
Kunal Shah is set to become the new boss of WhatsApp as part of Meta’s $900m investment in Cred.
The investment values Cred at $4.5 billion and gives Meta a roughly 20% stake in the company. Kunal will replace Will Cathcart, who led WhatsApp for about 7 years.
Indian hockey players bring pride and joy!
Congratulations to the women’s team for emerging as winners in the FIH Hockey Women’s Nations Cup. The team played exceptionally well throughout the entire tournament. Best wishes to the team.
May this win inspire several others to play hockey.
@TheHockeyIndia
🚨 INDIA DEFIES TARIFF PRESSURE
Piyush Goyal reveals India’s exports to US increased despite the 50% tariff imposition.
🗣️"Even in this quarter, our exports have grown by 15% despite global crisis."💥
Russian crude now makes up HALF of India’s oil imports in June!
India is importing 2.66 million barrels per day of Russian oil — which is nearly 40% higher than May.
This has strengthened Russia’s position as India’s largest oil supplier.
Key Points:
• Russian oil share has reached around 50% of India’s total oil imports
• India continues to buy discounted Russian crude amid global supply issues
• West Asia (UAE, Saudi Arabia etc.) usually supplies 60-70% but Russia has taken a big lead this month
• Russian crude is currently sold at a $5 per barrel discount compared to global benchmarks
This shows India is taking advantage of cheap Russian oil to manage its energy needs.
https://t.co/yyVlVGZPDl
#IranDeal Iran’s foreign Minister Araghchi posts ‘major progress made to end Lebanon War’. Crude drops to $80/barrel
“Tireless Pakistani and Qatari mediation has delivered major progress to end Lebanon War. Oil and petrochem exports are waived, blockade lifted, some frozen assets released, and major reconstruction & development plan launched for Iran.
1st real test: Lebanon deconfliction cell”
@CNBCTV18Live@CNBCTV18News #CNBCTV18Market
🇮🇳 India's logistics cost as % of GDP
2014 - 16.11 %
2026 - 7.87 %
IIMs and IITs have published a report stating that India’s logistics cost reduced from 16% to 8% due to better roads.
Data for 19-Jun-2026 👇
A) Cash Market
👎 DII net sold ₹1160 cr
👍 FII net bought ₹4859 cr
🚨EFTSE rebalance could attract USD 600 million of inflows 🚨
B) FNO Market
FII On Index Futures
👉 Longs -1259
👉 Shorts +3688
🚨 FII Long:Short at 13%:87% 🚨
#StockMarket
Real funny thing is that people highlight how US and global markets are better than India because India does not have "AI plays" and then proudly show their global portfolios and most of them don't have a single AI play and are even sitting on cash months after stressing the urgency of investing offshore.
I guess to invest fully they are waiting for AI stocks to cool down although AI was precisely the FOMO on basis of which they raised the funds.
Markets may have shaken, but investors’ belief in MFs didn’t.
A decade ago, market volatility would often shake investors’ faith in mutual funds. Not anymore. The Indian retail investor has officially come of age.
Here’s a quick snapshot of the growth in last 1 year when equities have been negative and extremely volatile.
-6.16 crore unique investors (+67 lakh in one year)
-10.47 crore SIP accounts
Equity and Hybrid AUM up by ₹5.68 lakh crore
-Hybrid funds, especially Multi Asset Funds, witnessed the strongest growth
A clear sign that Indian investors are increasingly staying invested through market cycles rather than reacting to short-term volatility.
India needs greater self-reliance, lower dependence on foreign capital, defence, energy and tech: Kotak
-Kotak urges India to cut import, foreign capital reliance
-Boost domestic manufacturing, energy, and tech self-reliance
-Renewables, R&D, and defense indigenization seen as key solutions
Read More:
https://t.co/r8wAkfAxBx
This is Himani Sharma, who has been living in Germany for the last 4 years.
She said:
"Life slows down in Europe after 6 p.m. Work is over, and people actually go back to living their lives.
But when I was in India and met friends, they were still mentally at work, checking their phones, replying to messages, eating quickly, and then leaving.
But in Europe, people sit in cafes for hours, sipping one drink slowly, having deep conversations, enjoying the weather, ordering a little food, and simply spending time with each other. Nobody is constantly on their phone."
I 100% agree with Himani. Personal life matters.
But in India, we have people like Narayana Murthy, who enjoy vacations with their families but want people to work 70-72 hours a week.
🇮🇷🇮🇱 Iran threatened to launch missiles at Israel, and the Israeli army was forced to announce a ceasefire, per Israeli media Yedioth Ahronoth
Israel is just accepting the new reality
British Prime Minister Keir Starmer is expected to resign on Monday
How this country operates is beyond me. Every few months the Prime Minister changes.
There is a huge immigration crisis with demographics being challenged in many places. No PM is around for any significant time to do anything meaningful.