Delhi's decision to enforce a strict fuel ban on 'end-of-life' (EoL) vehicles -- petrol vehicles older than 15 years and diesel vehicles older than 10 years -- has drawn mixed reactions from residents of the national Capital.

While many have welcomed the move as a necessary step to curb pollution, others have questioned its logic and uniformity.

Authorities have already seized two motorcycles flagged under the new policy and sent them for scrapping as part of the enforcement process.

The crackdown follows alarming data from the Centre for Science and Environment (CSE), which, in a November 2024 analysis, revealed that vehicular emissions contribute to 51 per cent of Delhi's local pollution -- the highest share among all sources.

A local said, "As you know, pollution in Delhi is very high. Considering all these factors, the government's step is very good to remove the overage vehicles."

The State Bank of India (SBI), the nation’s largest financial institution, is celebrating its 70th year of operations with a balance sheet that has soared to Rs 66 lakh crore and the number of its customers surging past a staggering 52 crore.

Since its inception in 1955, SBI has evolved from supporting India’s early development goals into a driving force of its digital and green economy.

In order to play a lead role in India’s renewable energy transition, SBI’s Solar Rooftop Programme aims to solarise four million homes by FY2027, advancing India’s Net Zero 2070 goals, according to an SBI statement.

SBI also announced that as part of its continued focus on customer excellence, it is modernising its Trade Finance operations through digitalisation, standardisation, and centralisation. A new centre in Kolkata will serve branches across India, ensuring faster and efficient service.

The Indian benchmark indices opened higher on Tuesday amid positive global cues, as buying was seen in the auto and IT sectors in the early trade.

At around 9.26 am, Sensex was trading 188.66 points or 0.23 per cent up at 83,795.12 while the Nifty added 54.80 points or 0.21 per cent at 25,571.85

According to analysts, with the US market setting new record highs, the global equity market mood is positive and West Asian geopolitics is no longer a threat to global economy.

"Going forward, the market is likely to be influenced by developments on the tariff front. An India-US trade deal will be positive and if it does not happen, the market is likely to be impacted," said Dr VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.

After rising for four straight sessions, the Indian stock markets took a breather on Monday as investors booked profits amid the absence of strong domestic cues.

The Sensex dropped 452 points, or 0.54 per cent, to close at 83,606.46. During the day, it moved between an intra-day high of 84,099.53 and a low of 83,482.13.

Nifty also followed suit. The 50-share index opened at 25,661.65, touched a high of 25,669.35, and closed at 25,517.05, down by 120.75 points or 0.47 per cent.

In contrast, the broader markets performed better. The Nifty Midcap100 rose 0.6 per cent while the Nifty Smallcap100 gained 0.52 per cent -- indicating continued investor interest in mid- and small-cap stocks.

The Goods and Services Tax (GST), widely hailed as one of the biggest economic reforms in post-Independence India, will on Tuesday complete eight years of its success story, with collections soaring to a record Rs 22.08 lakh crore in 2024-25, marking a year-on-year growth of 9.4 per cent, with the number of taxpayers in its ambit surging past 1.51 crore.

Prime Minister Narendra Modi had called GST “a path-breaking legislation for New India” at its launch on July 1, 2017.

Eight years on, the numbers speak for themselves, reflecting India’s strong fiscal position.

The average monthly collection stood at Rs 1.84 lakh crore in 2024-25, a blockbuster year. In 2020–21, the total collection was Rs 11.37 lakh crore, with a monthly average of Rs 95,000 crore.

Supported by favourable weather conditions, inflation is projected to average 2.5 per cent over the next six months. According to an HSBC report released on Monday, a high base effect from the past three years, coupled with robust cereal production, is expected to keep food inflation in India subdued for an extended period.

Core inflation, too, remains contained, led by a stronger Indian rupee, falling commodity prices, imported disinflation from China, and softer growth than a year ago, said HSBC Global Investment Research in its report. It said it expects inflation to average 3.2 per cent in FY26.

FY25 concluded on a strong note for India's granaries, with robust cereal production ensuring ample stock levels. This abundance is expected to help contain cereal inflation in the near term.

“But what matters a bit more is how rains, reservoir levels, and sowing will pan out in FY26,” said the report.

The financialization of household savings in India has gained significant momentum as equities as percentage of household savings in the country has increased from 2.5 per cent in FY20 to 5.1 per cent in FY24, an SBI Research report said on Monday.

The Indian credit market is witnessing some structural shifts with headline bank credit growth. Thus, arithmetic average possibly hiding more things than it reveals, the report mentioned.

In future, sources of credit origination through bank deposits (primarily household savings in bank deposits) needs to be keenly watched, it added.

According to the report, public sector Banks/PSBs show stable growth of 12.2 per cent in FY25 compared to FY24 growth of 13.6 per cent.

However, the share in incremental credit of PSBs has increased to 56.9 per cent in FY25 from 20 per cent in FY18.

The Indian benchmark indices opened flat on Monday amid positive global cues, as buying was seen in the PSU bank and IT sectors in the early trade.

At around 9.27 am, Sensex was trading 1.35 points up at 84,057.55 while the Nifty added 6.50 points or 0.03 per cent at 25,644.30.

According to analysts, decline in geopolitical tensions in West Asia, the sharp pull back of Brent crude to $67 and reports of positive developments on the trade front with possibilities of trade deals between US-China and US-India augur well for equity markets.

"Significant contributors to the rally in India in recent days have been largecaps like HDFC Bank, ICICI Bank, RIL and L&T which have seen accumulation by institutions," said Dr VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.

Nifty Bank was up 15.15 points or 0.03 per cent at 57,459.05 in early trade. The Nifty Midcap 100 index was trading at 59,606.05 after adding 220.90 points or 0.37 per cent. Nifty Smallcap 100 index was at 19,130.15 after climbing 153.35 points or 0.81 per cent.

The Ministry of Power has announced the launch of a task force to conceive the India Energy Stack, a pioneering initiative aimed at creating a unified, secure, and interoperable digital infrastructure for the country's energy sector.

The India Energy Stack will play a vital role in integrating renewable energy, enhancing DISCOM efficiency, and delivering transparent, reliable, and future-ready power services, the official statement said.

As India charts its path to becoming a $5 trillion economy and advances towards its Net Zero commitments, the power sector faces both unprecedented opportunities and complex challenges.

Rapid growth in renewable energy, electric vehicles, and consumer participation in energy markets is transforming the sector, but fragmented systems and a lack of seamless digital integration remain key barriers, the statement explained.

The Nifty index has risen 6.8 per cent year-to-date (YTD) as of June 25 -- reflecting steady investor confidence despite global uncertainty, according to the 'NSE Market Pulse' report.

In May alone, the index gained 1.7 per cent, followed by a 2 per cent rise in June.

This performance is notable given the backdrop of rising global trade tensions, geopolitical conflicts, and increasing protectionism that have unsettled markets around the world.

Even as the global landscape becomes more fragmented and volatile, India’s economy and markets have shown strong resilience.