Savings Effect

Tata Motors #CV May Auto Sales: 🚚Total sales up 17% at 32,850 units vs 28,147 units (YoY) 🚚Total sales at 32,850 units vs CNBC-TV18 poll of 34,900 units

IRAN ATTACKS KUWAIT VIA DRONES

Iran says a lack of trust and contradictory US positions are slowing diplomatic efforts to end the US-Iran war Foreign Ministry spokesman Esmaeil Baghaei says negotiations are taking place amid “severe suspicion and mistrust” Tehran views Israeli actions in the region, including in Lebanon, as inseparable from the United States

KUWAITI AIR DEFENSES INTERCEPT DRONE, MISSILE ATTACKS

IRAN SAYS ISRAEL ATTACKS ON LEBANON PREVENT DEAL WITH US

IRAN REITERATES IT HASN'T NEGOTIATED ON NUCLEAR ISSUE WITH US

TATA TRUSTS CHAIRMAN NOEL TATA HAS WRITTEN TO THE RESERVE BANK OF INDIA (RBI) OPPOSING ANY POTENTIAL LISTING OF TATA SONS, ARGUING THAT SUCH A MOVE COULD ALTER THE LONG-TERM CHARACTER OF THE TATA GROUP’S HOLDING COMPANY AND DISRUPT THE PHILANTHROPIC OBJECTIVES OF THE TRUSTS, PEOPLE DIRECTLY AWARE OF THE MATTER TOLD MONEYCONTROL.

MAX ESTATES: CO IS NOT GIVING FRESH GUIDANCE AMID CURRENT UNCERTAINITIES

PG Electroplast - April & May have started stronger, indicates FY27 growth should outpace FY26. -Inventory at ₹1100 Cr in May vs ₹1600 Cr at March-end -Outgrew the RAC industry in FY26, have 35% share of outsourced RAC manufacturing market

IRAN'S FOREIGN MINISTRY SPOKESPERSON BAGHAEI SAYS LACK OF TRUST, CONSTANT CHANGE OF POSITIONS BY U.S. AND ISRAELI ACTIONS IN LEBANON ARE CAUSING DELAY IN DIPLOMATIC PROCESS

Coal India +3%, what is good? 1️⃣ May 2026 Offtake +2.2%, growth in % terms highest since Aug 2025 2️⃣ OFS overhang behind for now 3️⃣ Appears management is focusing on depleting inventory, going slow on production

#SouthwestMonsoon Development: 🌧It will take another 3-4 days for the monsoon to reach Kerala, ⁠the onset of monsoon over #Kerala is likely to take place on June 4 🌧⁠From Kerala, it will take 1 week for monsoon to reach #Maharashtra, 10 days to reach #Mumbai & 45 days to cover the entire country 🌧⁠Pre-monsoon showers & thunderstorms will start in #SouthKonkan region by June 3

CASHUR DRIVE: CO CONTINUES WINNING MOMENTUM WITH BACK-TO-BACK BUSINESS MANDATES

#PersistentSys: Agmt to expand its Eastern Euro presence via integration of over 90 professionals from Concise Alert: #Concise is a Tallinn-headquartered software engineering & IT consulting company

#TVSMotor: Total sales at 5.67 lk units vs CNBC-TV18 poll of 5 lk units Total sales up 31% YoY at 5.66 lk units vs 4.31 lk units YoY Total 2-wheeler sales up 31% at 5.43 lk units vs 4.16 lk units YoY EV sales up 56% at 43,632 units vs 27,976 units YoY Intl biz sales up 49% at 1.75 lk units vs 1.18 lk units YoY

#CoalIndia May Biz Update: ▶️May production down 11.6% YoY at 56.1 mt vs 63.5 mt ▶️May offtake up 2.2% YoY at 66.7 mt vs 65.2 mt

MARUTI SUZUKI: MAY TOTAL SALES 242,688 UNITS VS 180,077 UNITS (YOY); EST 227,100

May 2025 GST Revenue included Rs. ~10,000 crore of one-time payment made by a telecom operator for spectrum allocation. Domestic May 2025 figures reflect this base effect, with no such one-time payment in May 2026. Goods sector taxable supply grew +26.9% in April 2026-27, with positive growth recorded across all 27 commodity groups, confirming the breadth and durability of domestic demand Services sector taxable supply grew +22.2% in April 2026-27, with every major service category registering positive growth, demonstrating structural resilience in domestic consumption

IMPORT IGST SURGES 20.2% IN MAY 2026, SIGNALING STRONG INDUSTRIAL MOMENTUM • Import IGST collections rose 20.2% YoY to ₹60,166 crore in May 2026 from ₹50,070 crore, making it the strongest contributor to overall tax revenue growth. • Growth was driven primarily by imports of industrial raw materials, intermediate goods, and energy inputs, indicating robust manufacturing activity and capacity utilization.

INDIA MAY TOTAL GST COLLECTIONS AT INR 1.942 TLN, UP 3.2% ON YEAR