US President Donald Trump struck a combative tone on Iran, saying he “couldn’t care less” if negotiations to end the West Asia conflict collapse, while also claiming he convinced Israel to halt a planned strike on Beirut after a heated conversation with Prime Minister Benjamin Netanyahu.
In business, Blackstone raised a record $13 billion Asia-focused fund, Alphabet announced an $80 billion equity raise to accelerate AI investments, and Indian IT stocks continued their strong rebound.
Exclusive: Full transcript of US President Donald Trump’s interview to CNBC
With the US-Iran negotiations to stall the three-month-long war in West Asia hitting another roadblock, US President Donald Trump, spoke to CNBC’s Senior Washington Correspondent Eamon Javers. The President said he doesn’t care if peace talks fail.
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Israel’s Netanyahu called off Beirut strike after tense call with Trump
US President Donald Trump said he persuaded Prime Minister Benjamin Netanyahu to call off the strike on Beirut, following which the Israeli leader “turned his troops around”. Trump made the announcement on Truth Social on Monday evening amid reports that the conversation between the two leaders was “heated”.
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Alphabet announces $80 billion equity fund raise for AI spending
Sundar Pichai-led Alphabet Inc. has announced an $80 billion fund raising through equity offerings on Monday, June 1. The deal includes an investment of $10 billion by Berkshire Hathaway.
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Infosys, TCS, IT stocks extend rally for second day; Top CLSA chartists sees further upside
India’s beaten down Information Technology stocks surged for the second consecutive day on Tuesday, June 2, with the Nifty IT index rising nearly 4%. Infosys is the top gainer on the Nifty IT index with gains of over 5.5%. This is the biggest single-day gain for the stock since May 2025.
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Gold, silver edge lower amid West Asia uncertainty and Fed watch
Gold and silver prices edged lower on Tuesday (June 2) as investors monitored developments in the West Asia and awaited key US economic data and comments from Federal Reserve officials for clues on the interest-rate outlook.
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Blackstone raises $13 billion for Asia, double its previous fund
Blackstone Inc. has amassed $13.1 billion for an Asia private equity fund without leaning on its broader global platform, adding to a streak of massive pools raised by the industry’s giants in the region. It has more than doubled its 2021 pool, focusing on India and Japan amid tough global fundraising conditions.
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RBI rolls out FY26 surveys on mutual funds’ global exposure, IT services exports
The Reserve Bank of India has launched two annual statistical surveys for the 2025–26 cycle, covering mutual funds’ overseas financial positions and exports of computer software and IT-enabled services (ITES), aimed at strengthening India’s external sector data compilation.
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‘Not working properly’: CBSE re-evaluation portal draws backlash over login issues, missing options
The Central Board of Secondary Education (CBSE) announced a new portal for verification of marks and re-evaluation of Class 10 and 12 board exam results in the wee hours of Tuesday (June 2) morning. However, it has drawn backlash from frustrated students within hours.
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Zee Entertainment shares can rally another 31%, CLSA projects after FIFA rights win
Shares of Zee Entertainment Enterprises Ltd. are in focus on Tuesday, June 2, after global brokerage firm CLSA reiterated its positive view on the stock. CLSA maintained an ‘Outperform’ rating and a price target of ₹125 per share.
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30 Indians living and working illegally in US as truck drivers arrested, will be deported
About 30 individuals from India, found to be living in the US illegally and working as commercial truck drivers, have been arrested as part of a federal operation and will soon be deported.
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Free govt bus ride for women rolled out in Bengal, passengers seek increase in frequency
The West Bengal government on Monday rolled out free travel for women in state-run buses on all routes, with beneficiaries welcoming the step and calling for an increase in the frequency.
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