Independent News & People Network Desk of News

ED drops FEMA probe against Myntra after ₹2.88 lakh settlement

Source: The Hindu Business Line – Markets · Published: 2026-06-04T15:06:48+00:00

The central agency had initiated the probe last year following “credible information” alleging two infractions under the Foreign Exchange Management Act (FEMA), involving transactions worth approximately ₹46 crore.

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Nauru issues rare statement after whistleblower alleges violent threats against Australia’s non-citizens

Source: The Guardian - World · Published: 2026-06-04T15:00:09+00:00

Nauran government says its citizens are ‘friendly’ after MP spoke of serious threats allegedly made against former Australian detaineesGet our breaking news email, free app or daily news podcastThe Nauruan government has issued a rare statement insisting it is a “friendly” and “welcoming” country after a whistleblower alleged “serious threats of physical violence” were made against a group of non-citizens removed there by the Albanese government.The unexpected defence, sent shortly after midday Thursday, was mounted hours after independent MP Andrew Wilkie used his three-minute constituency st

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‘That’s a bad combination’: why Australia may be in for a slushy snow season

Source: The Guardian - World · Published: 2026-06-04T15:00:09+00:00

Snow arrives in time for the start of ski season, but climate change and El Niño mean it may not stick around for long, experts sayGet our breaking news email, free app or daily news podcastThere was optimism across Australian alpine resorts this week as their social media channels filled with footage of snow flurries that arrived just in time for the opening of the ski season this weekend.“We couldn’t be more excited,” said the Instagram account of Perisher, the southern hemisphere’s biggest ski resort in Kosciuszko national park in New South Wales, as hands swept the fresh snow from outdoor

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Consumer protection agency deletes thousands of pages as Trump administration seeks to dismantle it

Source: The Guardian - World · Published: 2026-06-04T15:00:09+00:00

Deletion of the bureau’s website content is just the most recent part of a larger plan to ‘undermine an agency that’s helped people’The Consumer Financial Protection Bureau deleted at least 2,200 webpages from its website last month, a move advocates say is part of the Trump administration’s latest effort to dismantle the federal consumer finance watchdog.The removed content was all published before Trump’s second term, and includes press releases, consumer advisories, congressional testimonies, speeches and blog posts. Some of the material dates back to as early as 2010, when the agency was f

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La guerre en Iran, loin de fragiliser la République islamique, l’a consolidée

Source: Le Monde - International · Published: 2026-06-04T15:00:09+00:00

Alors que Donald Trump pensait faire chuter le régime iranien, la guerre qu’il mène avec Israël semble avoir renforcé le noyau dur du pouvoir autour des structures militaires et sécuritaires, tout en accélérant la répression intérieure.

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PGIM MF caps SIP in global funds

Source: The Hindu Business Line – Markets · Published: 2026-06-04T14:57:01+00:00

Fresh systematic transfer plan into the schemes has been stopped from Thursday. However, existing SIP and STP will continue

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AP Cabinet clears State Aviation Policy 2026

Source: The Hindu Business Line – Markets · Published: 2026-06-04T14:56:44+00:00

Approves new Excise guidelines for setting up beach shacks in Visakhapatnam and Cheerala to boost tourism

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John Bolton will reportedly plead guilty over mishandling classified documents

Source: The Guardian - World · Published: 2026-06-04T14:55:51+00:00

Justice department filed charges against Trump’s former adviser in 2025 as part of onslaught against president’s criticsUS politics live – latest updatesSign up for the Breaking News US newsletter emailJohn Bolton, the former US national security adviser who left Donald Trump’s first administration and became a staunch critic of the US president, will reportedly plead guilty over mishandling classified documents.The US Department of Justice filed federal charges against Bolton in October 2025, one of a string of Trump critics against whom it secured criminal charges in a matter of weeks. Conti

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GVRP, StepsBio set up CoE for formulations R&D in Bengaluru

Source: The Hindu Business Line – Markets · Published: 2026-06-04T14:38:24+00:00

GSRC is designed to tackle complex formulation challenges by combining advanced scientific infrastructure with specialised workflows for drug delivery systems, sterile injectables, and unique dosage forms

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India, Venezuela eye expanded energy, economic ties

Source: The Hindu Business Line – Markets · Published: 2026-06-04T14:37:41+00:00

Talks between PM Modi and Acting-President Delcy Rodríguez focus on oil partnerships, critical minerals, and resolving unpaid dividends

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SpaceX targets biggest ever stock market debut, putting Musk on course to be trillionaire

Source: The Guardian - World · Published: 2026-06-04T14:27:20+00:00

IPO could raise up to $75bn, giving SpaceX market value of $1.77tn as it sets up Musk for extraordinary wealthElon Musk’s SpaceX is looking to raise $75bn (£55bn) from its blockbuster stock market listing next week as the rocket company aims for the largest initial public offering ever.If the stock market launch – primed for 12 June – goes as planned, founder Musk, the world’s wealthiest person, could make history as the first trillionaire. Continue reading...

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Zepto likely to cross $ 1 billion-mark in net order value in June quarter

Source: The Hindu Business Line – Markets · Published: 2026-06-04T14:26:46+00:00

Sources said that the quick commerce platform’s net order value is expected to grow to over $1 billion in June quarter from about $500 million in late 2025 and has been scaling up despite growing competitive intensity in the sector.

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Hezbollah denounces Israel-Lebanon ceasefire deal as a ‘farce’

Source: Washington Post - World · Published: 2026-06-04T14:23:52+00:00

“We have given no commitment to anyone,” the Iranian-backed militant group's leader said after Israel and Lebanon announced a new U.S.-mediated agreement.

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Eight alleged US thieves indicted for stealing $5m worth of cheese, beef and cigarettes

Source: The Guardian - World · Published: 2026-06-04T14:04:06+00:00

‘Retail theft ring’ stole goods from logistics sites in Pennsylvania, Virginia and New Jersey and sold them in New York, officials sayEight people were indicted this week in New York in connection with what prosecutors describe as a “wide-ranging retail theft ring” that stole nearly $5m worth of goods – from steaks to cheeses to copper wiring and cigarettes.The Manhattan district attorney’s office announced charges against the eight individuals on Wednesday, accusing them of “conspiring to impersonate shipping carriers in a wide-ranging retail theft ring throughout the north-east”. Continue re

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