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India Inc hikes prices, shrinks packs as Iran war squeezes margins

June 8, 2026
Finance

CHENNAI/BENGALURU, June 8 (Reuters) – From smaller packs on shelves to higher prices at checkout, Indian companies are ​scrambling to protect their margins as surging oil, freight and insurance costs – and strained household budgets – pile on pressure. The ‌U.S.-Israeli war on Iran has disrupted trade routes and lifted input costs globally, hitting import-reliant economies like India harder, where a weaker rupee is adding to inflation and complicating pricing decisions as demand remains uneven. “We are among the world’s most vulnerable countries,” economist Jayati Ghosh said, warning higher oil and fertiliser costs, weaker Gulf demand, softer ​remittances and potential

NTA releases NEET-UG 2026 re-exam city intimation slip; test on June 21

June 7, 2026
Education

New Delhi, Jun 7 (PTI) The National Testing Agency (NTA) on Sunday released the exam city intimation slip for the NEET-UG 2026 re-examination, scheduled to be held on June 21. Candidates can now check their allotted examination city for NEET-UG 2026. Log in with your application number and password to view and download your slip, the NTA said in a post on X. According to a public notice issued by the agency, the re-examination will be conducted in pen-and-paper mode from 2 pm to 5:15 pm across 551 cities in India and 14 cities abroad. The NTA clarified that the

Israel strikes Beirut’s southern suburbs days after US-supported ceasefire deal

June 7, 2026
Politics

MREIJEH, Lebanon, June 7, 2026 (AP) — Israel struck Beirut’s southern suburbs without warning on Sunday, days after a ceasefire agreement in Washington went into effect and despite a U.S. request not to attack Lebanon ‘s capital. Lebanon’s state-run national news agency said two people were killed and 11 wounded in a preliminary count. Iran had warned that an attack on Beirut would renew full-scale war across the Mideast, even as Pakistan tries to restart talks between Tehran and Washington. Iran wants a deal to include ending the war in Lebanon. There was no immediate White House comment. Israeli Prime

Oppn INDIA bloc meets on Monday after post-election shake-up

June 7, 2026
Politics

New Delhi, Jun 7 (PTI) As many as 23 political parties of the opposition INDIA bloc will meet on Monday to redraw their strategy to take on the BJP and iron out differences amid changed power dynamics after the defeat of regional anchors TMC and DMK in the recent assembly polls. Top leaders of opposition parties including Congress’ Rahul Gandhi and Mallikarjun Kharge, TMC’s Mamata Banerjee and Abhishek Banerjee, Samajwadi Party chief Akhilesh Yadav, Tejashwi Yadav of RJD and Uddhav Thackeray of Shiv Sena (UBT), besides Left leaders and those from smaller parties, are likely to attend the meeting at

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