India news: Kotak to buy Deutsche Bank retail operations

India news: Kotak to buy Deutsche Bank retail operations July 1, 2026What you need to know - Kotak Mahindra Bank to buy pieces of Deutche Bank's India business - Commercial LPG prices, jet fuel prices cut amid lower global oil rates - Private fuel retailer Nyara Energy cuts petrol, diesel prices - Pakistan warns India against weaponsization of Indus Water Treaty Here's a roundup of the news coming out of India on Wednesday, July 1, 2026: Tired of missing our real-time updates? Click here to add us as a Preferred Source on Google. Then tap the "Star" or "Preferred" to keep DW News at the top of your feed. Welcome to our coverage Hello! and welcome to DW's India news blog. This is Mahima Kapoor from the New Delhi Bureau, bringing you our daily round up of all the biggest headlines and events that have got India talking. It's a stuffy morning in the national capital where we're hoping for some rain to relieve us from the summer heat. India's financial capital, Mumbai, faced relentless rainfall on Tuesday which has left some low lying areas flooded. Speaking of finance, India's stock market is on the rebound after two straight days of fall. One of the the stocks in green is Kotak Mahindra Bank which has announced an agreement to buy Deutsche Bank's retail banking, private banking and wealth management portfolios in India. The possibility of rain is not the only relief for Indians today. Government-owned fuel retailers have announced price cuts for commercial liquified petroleum gas cylinders and jet fuel amid lower global oil prices. One private fuel retailer has even slashed petrol and diesel prices but we have not seen that translate to larger public retailers yet. On the international front, there is growing discource and anger among Pakistani politicians about India's continued abeyance of the Indus Water Treaty. Tune in for all of this and more.