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Stock markets decline as renewed geopolitical tensions unnerve investors; Sensex drops 370 pts

Mumbai, Jun 29 (PTI) Benchmark equity indices Sensex and Nifty ended lower on Monday as renewed hostilities between the US and Iran and rising oil prices unnerved investors. The 30-share BSE Sensex declined 372.10 points, or 0.48 per cent, to settle at 76,728.37. During the day, it tanked 478.72 points, or 0.62 per cent, to 76,621.75. The 50-share NSE Nifty dropped 109.75 points, or 0.46 per cent, to end at 23,946.25. From the Sensex pack, Kotak Mahindra Bank declined 3.24 per cent after the firm said its MD and CEO, Ashok Vaswani, will quit upon completion of his three-year tenure

India’s IIFCL plans $1 billion loan; in talks for $400 million ADB funding

MUMBAI, June 29 (Reuters) – IIFCL (India Infrastructure Finance Company) is planning to borrow $1 billion from overseas investors, which could be its ​biggest foreign-currency loan, while also exploring a separate $400 million ‌funding from the Asian Development Bank, an executive said. The Indian company is the latest to tap into the foreign lending market after the ​Reserve Bank of India introduced a series of measures to ​boost dollar inflows and support the rupee. The measures ⁠include allowing state-run firms and banks to raise foreign currency ​funds to hedge their forex exposure at a subsidised rate. The $1 billion ​loan

Congress chief Kharge takes oath as Rajya Sabha member

New Delhi, Jun 29 (PTI) Congress president Mallikarjun Kharge on Monday took oath as a member of the Rajya Sabha after his re-election. The oath to Kharge was administered by Rajya Sabha chairman and Vice President C P Radhakrishnan in his chamber. Congress Parliamentary Party chairperson Sonia Gandhi and Wayanad MP Priyanka Gandhi Vadra were present during the oath-taking. Kharge was re-elected to the Rajya Sabha and represents the state of Karnataka in the upper house. He took the oath in Hindi. Radhakrishnan congratulated Kharge after his oath-taking and said the house would surely benefit from his long experience. Health

A skydiving plane crashes in northeastern France, killing all 11 people on board

TOMBLAINE, France, June 29, 2026 (AP) — Families watched in shock as a skydiving plane carrying their loved ones on what was meant to be a thrilling introduction to parachuting crashed in northeastern France on Sunday, killing all 11 people on board, authorities said. The dead included five parachuting instructors, five novice jumpers and the pilot, Interior Minister Laurent Nunez said. Transport Minister Philippe Tabarot said it was France’s biggest aviation accident involving skydiving in about 30 years. “Some of the victims’ families witnessed the aircraft falling with their own eyes. So there is tremendous emotion and an even greater

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