Surging gold prices are prompting some owners to melt vintage luxury watches, as the value of the gold inside now exceeds their resale price, Reuters reported. Mid-priced models from Omega and TAG Heuer are more vulnerable than high-end Rolex and Patek Philippe watches. The gold in an Omega Constellation was worth about ₹7.3 lakh, 30% above its estimated auction value.

Billionaire philanthropist Melinda French Gates has advised newly minted IPO millionaires to donate "at least half" of their money away. "No matter how large [or] small it turns out to be, if you even have the ability to invest in these IPOs, you've the ability to give half away," she said. SpaceX's recent IPO reportedly made over 4,400 employees millionaires.

French President Emmanuel Macron, at the Bharat Innovates 2026 in Nice, reaffirmed his country's commitment to Make in India and said, "France is part of Make in India, we practise it." French companies have been actively investing in India's industrial growth, defence, security and innovation sectors, he said, adding that Europeans should also look at India differently.

FSSAI issued notices to 14 food business operators over allegations of misleading brand names and product claims. These brands are Healthy Master, Neuherbs, Plan B, The Health Factory, Troovy, Emami Healthy & Tasty, Health Aid and Healthy Choice. Organic Wisdom, Shine Organic, Two Brothers Organic Farms, World of Organic, Storia Juice Pomegranate and Iota Water are other brands.

India's sugar industry has renewed its demand for a dual pricing system, saying industrial users account for 60-65% of consumption but pay the same rates as retail buyers, CNBC reported. National Federation of Cooperative Sugar Factories Limited MD Prakash Naiknavare said separate pricing could improve mill revenues. He also urged higher sugar and ethanol prices and stronger policy support.

Home loan insurance adoption has risen sharply, with policy purchases increasing nearly sevenfold in the past five months, according to a PolicyBazaar report. Demand is largely driven by borrowers who are financially settled and looking to buy homes. Customers aged 31-45 make up about 70% of buyers. Borrowers with higher loan amounts are increasingly opting for protection products.

A Floating Maggi point at Kashmir's Dal Lake has sparked backlash online with people calling it a "repulsive" and "disgusting" marketing. "Leave some spots of nature the way they are intended to be. All the pristine places aren’t your billboard," said one user. "You have destroyed mountains with wrappers, now you are going to destroy our water sources," said another.

A video showed PM Narendra Modi interacting with business leaders, venture capitalists, global investors and innovation ecosystem leaders in France's Nice ahead of the inauguration of the landmark Bharat Innovates 2026 conclave. Indian entrepreneurs including Ritesh Agarwal and Ronnie Screwvala also interacted with PM Modi. Commerce Minister Piyush Goyal was also present there during the event.

Foreign Portfolio Investors (FPIs) have pulled out about ₹63,000 crore from Indian equities in the first half of June 2026, PTI reported. This comes amid global uncertainty, ongoing geopolitical tensions in West Asia, and a falling rupee against the US dollar. FPI withdrawals in 2026 have already crossed ₹2.87 lakh crore, surging past last year's total of ₹1.66 lakh crore.

Salesforce has begun notifying employees of a fresh round of layoffs across its AI MuleSoft, IT integration and marketing software divisions, Livemint reported. According to Business Insider, eligible workers are being offered severance packages of up to 30 weeks' pay and will remain on payroll until August 7. The package reportedly exceeds the severance benefits offered by Oracle and Amazon.