TRACK

NFO Alert: Mirae Asset Mutual Fund launches funds focused on dynamic allocation and financial sector fixed income strategy
Mirae Asset Mutual Fund has launched two NFOs: a dynamic fund of funds blending arbitrage and debt strategies, and a passively managed debt index fund tracking AAA-rated financial services with 9–12-month maturity. Both target low-risk, tax-efficient returns, catering to evolving market and liquidity conditions with minimum investments starting at Rs 5,000.

Indian firms target overseas assets to fast-track semiconductor ambitions
Indian firms including Tata Electronics and L&T Semiconductor Technologies (LTSCT) have recently made significant moves to acquire foreign assets even as they invest in greenfield facilities within the country.

Sabrina Carpenter drops surprise news — new album ‘Man’s Best Friend’ coming soon after ‘Short n’ Sweet’
Sabrina Carpenter’s new album Man’s Best Friend is officially arriving on August 29, 2025, and fans are already buzzing. The pop star revealed the album’s bold cover art and confirmed it will feature 12 tracks, including her new hit single “Manchild”. Coming just a year after Short n’ Sweet, which topped the Billboard 200, this project marks another major moment in her skyrocketing music career. With powerful lyrics, standout visuals, and a confident message, Sabrina’s latest work is set to make waves. Here’s everything you need to know about Sabrina Carpenter’s Man’s Best Friend album release.

Elon under watch? Report says FBI, DHS tracked foreign nationals visiting Musk amid influence concerns
U.S. agencies watched people from other countries who visited Elon Musk. They were worried someone might try to influence him. Musk’s strong links with the U.S. government and reported talks with Putin raised security concerns.

Gondia Rail Over Rail track gets green light for operations
The Chief Commissioner of Railway Safety has approved the new Rail Over Rail (ROR) line at Gondia, Maharashtra, paving the way for train services to commence this week. This ROR track will enable Jabalpur-bound trains to proceed towards Ballarshah without intersecting the busy main line at Gondia.

Cabinet approves two multi-tracking railway projects
The Cabinet Committee on Economic Affairs has sanctioned two multitracking projects spanning Jharkhand, Karnataka, and Andhra Pradesh, adding approximately 318 km to the Indian Railways network. These projects, estimated to cost ₹6,405 crore, aim to enhance transportation efficiency and reduce logistics costs.
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As US trade truce gets back on track, some Chinese exporters are 'slowly dying'
Chinese exporters, like Jacky Ren, are struggling with U.S. tariffs, selling at a loss to retain clients. Despite recent trade talks, U.S. levies remain high, impacting smaller firms. Many face potential bankruptcies and wage delays, as U.S. buyers demand extended payment terms.
NFO Alert: Groww Mutual Fund launches ETF tracking the Nifty India Internet Index
The Groww Nifty India Internet ETF offers long-term investors a transparent, rules-based, and low-cost way to tap into the internet sector’s growth. It aims to mirror the index’s performance by holding its constituents in similar proportions, subject to tracking error.
Fresh off the tracks, fully booked! Srinagar Vande Bharat Express sees massive 10-day demand
The Vande Bharat Express on the Katra-Srinagar route has seen overwhelming public response, with the train fully booked for the next 10 days. Flagged off on June 6, this train is a part of the USBRL project, connecting Kashmir to the national railway network.
Beware! Period‑tracking apps present major privacy threats, new report warns
A University of Cambridge‑led report highlights that period‑tracking apps, downloaded over 250 million times, turn menstrual data into valuable commodities. These apps harvest sensitive health information, pose privacy and security dangers, and are often inaccurate, prompting calls for stronger regulation, public‑sector alternatives, and better consent options
Judge rejects class action for Google privacy lawsuit
A US judge has ruled that Google users cannot sue as a group over claims the company collected data without consent when Chrome wasn’t synced. The proposed class action was dismissed permanently. The court said individual consent must be assessed case-by-case, making a group claim inappropriate.
Wall Street ends higher as investors track US-China trade talks
The S&P 500 closed higher, boosted by Tesla's surge. Investors were optimistic about U.S.-China trade discussions. Wall Street anticipated improved trade terms. Energy and consumer discretionary sectors led the gains. Investors are awaiting U.S. consumer prices data. The World Bank reduced its global growth forecast. Insmed shares rose on positive drug trial results. J.M.
Asian stocks to track US gains on trade talk hopes
Asian stocks are poised to climb, mirroring Wall Street's upward trend, fueled by optimistic remarks from Commerce Secretary Howard Lutnick regarding US-China trade talks. Equity futures signal gains in Sydney, Tokyo, and Hong Kong, while Tesla spearheaded advances among megacap stocks. Investors are also closely watching for a key inflation report and Bitcoin's attempt to breach its record high.
Believe it or not: This asteroid may collide with Moon in 2032. Here’s all we know
Asteroid 2024 YR4, once seen as a major Earth threat, now shows a slightly higher chance of hitting the Moon in 2032. While no longer a danger to Earth, scientists continue tracking it for research. The asteroid gave a real test of planetary defense planning and global response strategy.
Was Sonam Raghuvanshi’s sudden request to visit Kamakhya Temple a setup? How live location to lover helped killers track Raja
Sonam Raghuvanshi’s sudden request to visit the Kamakhya Temple during her honeymoon is now under scrutiny, as investigators believe it may have been part of a larger murder plot. Police say she shared her live location with her alleged lover, Raj Kushwaha, helping hired killers track the couple across the Northeast. Her husband, Raja, was later found murdered in Meghalaya, and Sonam is now accused of orchestrating the entire plan.
Railway Ministry permanently closes Rs 402-cr Mathura-Vrindavan rail conversion project
The Railway Ministry has permanently shut down the Mathura-Vrindavan rail line conversion project, initially sanctioned in 2017-18 with a budget of Rs 402 crore, deeming it uneconomical. This decision follows local opposition to the broad gauge construction, which would have altered established pedestrian routes.
ACC on track to build 30% of India’s future? Karan Adani responds
ACC Chairman Karan Adani highlighted the cement industry's pivotal role in India's infrastructure development, projecting significant benefits from the anticipated USD 2.2 trillion investment by 2030. ACC, now exceeding 100 MTPA capacity, aims for 140 MTPA by FY28, leveraging Adani Group synergies in logistics and resources.
Hindustan Zinc shares soar 17% in 4 days, tracking silver’s surge to record highs
Hindustan Zinc shares surged 16.8% in four sessions, driven by a sharp rally in silver prices, which hit all-time highs on MCX. As the world’s third-largest silver producer, the company benefits from rising demand amid geopolitical tensions and dollar weakness.
Simplifying portfolio analysis and tracking: Tools to view, compare, and manage your investments in one place
Angel One's portfolio tracking tools offer investors a consolidated view of their investments across various asset classes and family accounts, simplifying portfolio management. Users can monitor holdings, identify asset allocation gaps, and track progress from a single dashboard. The platform also enables benchmarking mutual fund performance against indices like the Nifty 50, facilitating informed investment decisions.
Jainik Power Cables IPO opens for subscription
Jainik Power Cables has launched its ₹51.3 crore IPO, open for subscription from June 11 to June 12, with a price band of ₹100–110 per share.
watchOS 26 is here - Apple watch is now even smarter
Apple has revealed watchOS 26. It brings a new Liquid Glass design and updates to several features. Fitness gets smarter with Workout Buddy, offering personalized motivation. Everyday use is simpler with Smart Stack hints and improved Messages. A new wrist flick dismisses notifications quickly. The update includes a redesigned Workout app and enhanced accessibility features.
Rupee ends nearly flat tracking subdued Asia FX; US-China talks in focus
On Monday, the Indian rupee saw a slight increase, mirroring the subdued movements of other Asian currencies, even as the dollar weakened ahead of U.S.-China trade talks in London. Dollar-rupee forward premiums declined to multi-month lows, potentially making the rupee vulnerable to depreciation.
Kashmir to Kanniyakumari track and field: Ticket to ‘unity in diversity’
Recent remarks by Kamal Haasan and Kanimozhi sparked contrasting reactions. Haasan's comment on Tamil and Kannada origins stirred controversy in Karnataka, impacting his film. Meanwhile, Kanimozhi's response about India's national language being "unity in diversity" during a Spanish interview was widely praised for defending India's linguistic diversity.
Himanta Biswa Sarma invokes 1950 law to fast-track deportation, bypassing foreigners tribunal
Assam government plans to speed up the deportation of illegal immigrants. Chief Minister Himanta Biswa Sarma stated that existing laws allow Deputy Commissioners to order the pushback of illegal immigrants. This bypasses the need for Foreigners Tribunals in every case. The identification process, previously slowed by the NRC update, will now gain momentum. Pushback efforts will continue.
Speed of doing business for ease of doing business: Streamlining India’s corporate restructuring
Corporate restructuring in India is still hampered by NCLT delays, despite reforms aimed at simplifying the process. With over 15,000 cases pending and no statutory deadlines for merger approvals, even uncontroversial schemes face long waits. A dedicated Corporate Restructuring Authority under the MCA could streamline processes and ease India’s regulatory burden, unlocking faster deal execution and greater investor confidence.
No gym, no fees, only ChatGPT: Woman shares free AI apps for fitness diets, workouts, health tracking
A growing number of fitness enthusiasts are turning to AI-powered tools like ChatGPT and free apps to create personalised workout routines, diet plans, and health tracking systems without the cost of gyms or personal trainers. Users report improvements in strength, motivation, and overall fitness while saving money. While experts highlight the benefits of AI in providing tailored guidance and virtual coaching, they also caution that human trainers still play a vital role in motivation, injury prevention, and personalised adjustments.
HAL refutes report of stalled GE414 engine deal, says negotiations on track
Hindustan Aeronautics Ltd (HAL) has refuted reports claiming that negotiations with General Electric (GE) for the local production of GE414 engines have stalled, clarifying that discussions are progressing well. HAL emphasizes that it is not engaged in talks with any other company regarding engines for the LCA MK2. The agreement with GE Aerospace, signed in June 2023, remains on track.
Trump vows to impose "large scale" fines on THIS US state after trans athlete wins state track event
US President Donald Trump on Tuesday threatened to impose large scale fines on California for allowing a transgender high school athlete to participate in girls' sports. Trump did not quantify the amount he will seek to fine California or specify which federal funding stream he might target. Ahead of the track meet, Trump instructed local authorities in California not to allow Hernandez to compete in the championship.
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