Large-sized initial public offers (IPOs) of well-known companies do not always deliver quick gains to investors, as many marquee listings have not generated immediate returns, data shows.

For an IPO to be successful in terms of subscription and listing gains, analysts suggest, the issue has to be attractively priced for investors to participate and make money.

The temporary curbs on Telegram’s messaging services were lifted on Tuesday after a nationwide block was imposed until June 22 in connection with the Neet-UG re-examination.

The Telegram app is now available for installation through app stores. However, the editing feature on the platform will remain unavailable until June 30.

India said it plans to share its technology involving the Polar Satellite Launch Vehicle, the country’s most reliable rocket, to help speed up development of the local space industry.

“We have released an expression of interest to transfer the technology of the PSLV rocket to the private sector,” Pawan Goenka, chairman of Indian National Space promotion and Authorization Centre, said in a recent interview.

The BJP government in West Bengal on Monday presented its maiden budget, announcing the filling of 100,000 government vacancies, a 20 percentage point hike in DA for its employees, and a ₹36,000-crore outlay for the financial assistance scheme for women, Annapurna Yojana.

Finance Minister Swapan Dasgupta said his government has inherited a debt burden of ₹8.15 trillion from the previous administration.

UK Prime Minister Keir Starmer has announced that he will step down, saying a successor should be in place by September, following dissent within the governing Labour Party.

He also said that he was resigning from his role as the leader of the Labour Party.

China will support qualified foreign-funded companies seeking to list on domestic stock exchanges under a new action plan unveiled on Monday to strengthen foreign investment, the Chinese government said.

The plan was jointly issued by the Ministry of Commerce, the National Development and Reform Commission, and the Ministry of Finance.

India's fragmented water governance structure, highly subsidised pricing and slow reallocation among sectors can result in water shortage and higher risk of sustained fiscal pressure, Moody's Ratings said on Monday.

In a report, Moody's said allocation frameworks, which govern how water supply is prioritised, priced and distributed across households, industry and agriculture.

The US and Iran have agreed on a roadmap aimed at reaching a final agreement within 60 days following two days of talks at the Swiss resort of Burgenstock, according to a joint statement issued by mediators Pakistan and Qatar on Monday.

The talks, held on Sunday and Monday, took place under the framework of the Islamabad Memorandum of Understanding (MoU) signed by the US and Iran on Thursday to advance negotiations on regional security and other contentious issues.

Malaysian budget carrier AirAsia X has lowered fares by 5% since June 15 and the airline is reviewing the situation week by week as jet fuel prices drop, the company's CEO, Bo Lingam, said on Monday.

The airline used the past three months to cut underperforming flights, shift demand and renegotiate contracts with all vendors and lessors, Lingam said, as the US-Iran war wreaked havoc with travel worldwide.

A student from Nagpur in Maharashtra was allotted an examination centre in Abu Dhabi for Sunday's Neet UG 2026 re-examination by the National Testing Agency, prompting his parents to raise the issue with the NTA and seek a correction.

The student, Abdulla Talib, had given preference to Nagpur, Wardha, and Bhandara centres for the examination.

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