Anil Ambani’s group companies faced a stock plunge. This followed an investigation into a significant bank loan fraud case of seventeen thousand crore rupees. The Enforcement Directorate questioned Anil Ambani. The probe focuses on loans to Reliance Home Finance, Reliance Commercial Finance and Reliance Communications. These loans turned into non-performing assets. Several banks are involved as lenders.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.
June 25, 2026