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Stocks in News

* V2 RETAIL: In Q1 FY26, the company reported standalone revenue of ?628 crore, up 51% YoY. Same-store sales grew 5% (10% on a normalised basis), and 28 new stores were added, taking the total store count to 216.

* BAAZAR STYEL RETAIL: In Q1 FY26, the company posted standalone revenue of ?377 crore, up 37% YoY. Same-store sales grew 5% (11% on a normalised basis), and 22 new stores were added, taking the total to 664.

* AVENUE SUPERMARTS: In Q1 FY26, standalone revenue is estimated at ?15,932.1 crore, up 16%, with same-store sales growth. The company operated 424 stores as of June 30.

* HINDUSTAN ZINC: In Q1 FY26, mined metal production rose 1% to 265 KT, while refined zinc and silver production declined 4% and 11% to 202 KT and 149 KT, respectively. Wind power generation grew 24% to 134 million units.

* PUNJAB NATIONAL BANK: In Q1 FY26, global deposits rose 12.8% YoY to ?15.9 lakh crore, domestic deposits grew 12.2% to ?15.4 lakh crore, and global advances increased 9.9% to ?11.3 lakh crore, driving 11.6% YoY growth in global business to ?27.2 lakh crore.

* MAX FINANCIAL: Axis Max Life has initiated an information security assessment and data log analysis, with the investigation currently underway in collaboration with experts.

* AUROBINDO PHARMA: CuraTeQ Biologics received EU marketing approval for its breast cancer drug Dazublys, while Pharmacin BV merged with Agile Pharma BV.

* RBL BANK: The company denied reports of NBD Bank seeking a minority stake, stating no disclosure was required. Shares declined 2% following the denial.

* MONTE CARLO FASHIONS: The company renamed its subsidiary from ‘Monte Carlo Home Textiles’ to ‘MCFL Ventures’.

Economic News

* Govt plans bill for regulator, RTI purview for sports federations: To promote transparency and accountability, the Centre is set to introduce a bill in the Monsoon Session to establish a sports regulator. The National Sports Governance Bill aims to bring sports federations under the RTI Act, excluding specific sensitive information. The bill proposes the Sports Regulatory Body of India, Athletes Commission, and Appellate Sports Tribunal to regulate sports governance.

Global News

* U.S. Senate passes Trump’s tax-spending bill, slashing welfare and adding $3.3T to debt: The U.S. Senate narrowly passed President Trump’s sweeping tax and spending bill, aiming for final House approval by July 4. The legislation extends 2017 tax cuts, boosts military and immigration enforcement spending, and slashes nearly $930 billion from Medicaid and food aid, while adding $3.3 trillion to the national debt. Despite internal Republican divisions, it passed 51-50 with Vice President JD Vance breaking the tie. The bill faces stiff resistance in the House over its cost, Medicaid cuts, and lack of tax relief for high-tax states. Critics warn it could leave 12 million more uninsured and deepen inequality.

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