www.businesssun.com latest rss headlines

Wall Street diverges as tech rally runs out of steam

Tue, 16 Jun 2026 20:08:08 GMT

NEW YORK, New York - U.S. stock markets delivered a divided performance on Tuesday, with the Dow Jones Industrial Average surging to a new record high while technology shares dragged the Nasdaq Composite sharply lower. The divergent session reflected ongoing rotation away from growth stocks toward value and industrial names, as investors parsed the latest economic signals and corporate developme

Fox strikes $22 billion Roku deal to expand digital reach

Tue, 16 Jun 2026 19:16:31 GMT

NEW YORK CITY, New York: Fox Corp is making its biggest move yet into streaming, agreeing to acquire Roku in a cash-and-stock deal valued at about $22 billion as it seeks to strengthen its digital advertising business and expand the reach of its sports and news content.

The deal, announced June 15, would give Fox access to more than 100 million households that use Roku's streaming platform, helping the media com

US widens bank reporting rules tied to immigration efforts

Tue, 16 Jun 2026 11:51:36 GMT

NEW YORK CITY, New York: The U.S. Treasury Department has expanded guidance for banks as part of the Trump administration's broader immigration enforcement efforts, introducing measures that allow financial institutions to share customer information more quickly and identify activities that may be linked to immigration-related risks.

The changes are designed to draw banks more

Rising gold values spur melting of classic luxury watches

Tue, 16 Jun 2026 03:58:33 GMT

LONDON, U.K.: Surging gold prices are prompting dealers and owners to melt down some vintage luxury watches, as the value of their precious metal content increasingly exceeds what they can fetch on the resale market.

Industry traders, watch specialists and investment advisers said that used gold watches from brands such as Omega and TAG Heuer are among those most affected by t

Dow Jones adds 469 points Monday to top 51,600

Mon, 15 Jun 2026 20:10:40 GMT

NEW YORK, New York - U.S. stocks closed sharply higher on Monday, powered by a powerful rally in technology shares, as investors returned from the weekend with renewed appetite for risk following U.S. President Donald Trump's announcement of a deal with Iran. All three major benchmarks posted solid gains, with the Nasdaq Composite leading the charge.

The MILAN, Italy: Europe's three largest automakers have called on the European Union to adopt simpler "Made in Europe" rules and stronger incentives to boost local vehicle production and strengthen the bloc's automotive supply chains.

Volkswagen, Stellantis, and Renault, which together account for about 60 percent of Europe's car production, outlined their proposals in a joint le

Rolex lifts gold watch prices despite luxury market slowdown

Sun, 14 Jun 2026 10:33:13 GMT

GENEVA, Switzerland: Rolex has increased global prices for its gold watches by an average of five percent, marking a rare second price rise this year as demand from wealthy buyers remains strong despite broader weakness in the luxury goods market.

The increase took effect this month across key markets, including the United Kingdom, Hong Kong, and the United States, according to two luxury research platforms and

Anthropic explores data center leases, report says

Sat, 13 Jun 2026 17:50:39 GMT

SAN FRANCISCO, California: Artificial intelligence startup Anthropic is pursuing plans to lease and operate its own data centers and has discussed obtaining financial support from Google to help secure those agreements, according to a report by The Information.

The publication reported on June 11 that Anthropic, the developer of the Claude Code AI assistant, has signed more than a dozen preliminary agreements to

World Bank warns conflict could sharply slow global growth

Sat, 13 Jun 2026 11:00:24 GMT

WASHINGTON, D.C.: The World Bank has lowered its global growth forecast for 2026, warning that a prolonged disruption to energy supplies caused by the war in the Middle East could trigger a much sharper slowdown and increased financial market stress.

In its latest Global Economic Prospects report released June 11, the World Bank forecast global growth of 2.5% in 2026, down from its January estimate of 2.6%. Glob

Ukrainian drones keep Latvian guesthouses near Russian border empty

Sat, 13 Jun 2026 10:59:26 GMT

REZEKNE, Latvia: Guesthouses that are usually full at this time of year in this part of the country are struggling to fill rooms because of the fear of Ukrainian drones.

At Birdwhistles Guesthouse, a simple two-storey wooden barn in a forest in Latvia about 50 km from the Russian border, all eight rooms are empty, something the owner, Martins Kiscenko, says never happens at this time of year.

Two wedding

Visa enables ChatGPT to shop and pay on users' behalf

Sat, 13 Jun 2026 03:07:58 GMT

SAN FRANCISCO, California: Visa is taking a major step toward AI-powered commerce by integrating its payment network with ChatGPT, allowing artificial intelligence agents to not only recommend products but also complete purchases on behalf of users.

The payments giant announced that consumers will be able to link their Visa cards to ChatGPT, enabling the chatbot to independently shop and pay for goods and servic

Space X launch helps lift U.S. stock markets

Fri, 12 Jun 2026 20:09:13 GMT

NEW YORK, New York - U.S. stocks advanced again Friday, boosted by the listing of Elon Musk's Space X, which surged to a capitalization above $2 trillion. The shares issued at $135 closed at $161.11, for a gain of 19.34 percent.

"The IPO parade, which now looks like it's turning into a stampede, has been coming for a while,"Mark Klein, CEO and president at SuRo Capital told CNBC Friday. "SpaceX is g

Reuters/Ipsos poll finds growing anxiety over AI adoption

Fri, 12 Jun 2026 19:20:43 GMT

WASHINGTON, D.C.: Concerns about artificial intelligence are rising across the United States, with a new Reuters/Ipsos poll showing that half of Americans fear the technology could eventually cost them or someone in their household a job.

The six-day survey, completed on June 9, found that 53 percent of respondents worried that advances in AI could put household employment at risk. The concern was broadly shared

Morgan Stanley sees AI debt issuance more than doubling

Fri, 12 Jun 2026 08:08:04 GMT

NEW YORK CITY, New York: Global debt issuance tied to artificial intelligence is expected to exceed US$570 billion in 2026 as major technology companies increasingly turn to borrowing to finance massive investments in AI infrastructure, according to Morgan Stanley.

The investment bank said AI-related debt issuance is projected to more than double next year, reflecting rising activity in credit markets as hypersc

BYD chief targets global auto crown despite share decline

Fri, 12 Jun 2026 02:15:21 GMT

SHANGHAI, China: BYD Chairman Wang Chuanfu has said the Chinese automaker aims to become the world's largest carmaker within five years, outlining an ambitious growth target as the company works to reassure investors following a sharp decline in its share price.

Speaking at BYD's annual shareholder meeting in Shenzhen, Wang told investors he believes the company can rise to the top of the global auto industry by

PM Modi, Trump to discuss West Asia crisis, energy partnership, trade deal on sidelines of G7 Summit: Sources

Wed, 17 Jun 2026 00:58:12 GMT

Evian [France], June 17 (ANI): Prime Minister Narendra Modi and US President Donald Trump are likely to discuss the situation in West Asia, the strategic Strait of Hormuz, energy imports from the United States and the proposed bilateral trade agreement during their meeting on the sidelines of the G7 Summit in France, sources said.

The highly anticipated bilateral meeting between PM Modi and Donald Trump is on the

Trump shifting focus back to Ukraine: Where do peace talks stand

Wed, 17 Jun 2026 00:47:33 GMT

Moscow recently described the US-mediated peace process as being in a situational pause due to the Iran war

US President Donald Trump has signaled that Washington will refocus on efforts to end the Russia-Ukraine conflict after peace talks were put on hold by the crisis in the Middle East. The prospect of renewed US engagement has reportedly unsettled EU officials, who fear the bloc could once ag

Assam CM virtually inaugurates PNG supply projects in Mangaldai and Tezpur

Wed, 17 Jun 2026 00:30:19 GMT

Guwahati (Assam) [India], June 17 (ANI): Assam Chief Minister Himanta Biswa Sarma on Tuesday virtually inaugurated Domestic Piped Natural Gas (PNG) Supply in Mangaldoi, CNG Mother Station at Uhani, CNG Daughter Booster station at Goraimari and Industrial PNG Supply to Patanjali Ayurveda Limited at Tezpur at a programme held at Lok Sewa Bhawan in Guwahati.

The projects will provide reliable, clean and environment

MoS Margherita attends outreach programmes in Kohima to mark 12 years of NDA govt at Centre

Tue, 16 Jun 2026 21:03:26 GMT

Kohima (Nagaland) [India], June 17 (ANI): As part of the nationwide outreach campaign commemorating 12 years of the BJP-led NDA government at the Centre and Prime Minister Narendra Modi becoming the longest-serving elected PM, the Minister of State for External Affairs, Pabitra Margherita, on Tuesday held a series of programmes in Kohima, Nagaland, engaging with citizens and highlighting government initiatives.

French spy agency ditches Palantir

Tue, 16 Jun 2026 19:56:52 GMT

Frances DGSI will switch to a homemade alternative produced by ChapsVision

France's domestic spy agency will swap software from US defense tech giant Palantir for a French-made alternative, Prime Minister Sebastien Lecornu has said. Palantir, however, has said that the change won't happen for years.

In a video statement released on Tuesday, Lecornu said that the General Directorate for Inte

Golf Glance: Shinnecock hosts U.S. Open; LPGA Tour in Michigan

Tue, 16 Jun 2026 19:19:05 GMT

(Photo credit: Bill Streicher-Imagn Images)

Iconic Shinnecock Hills is the venue for the 126th U.S. Open, while the LPGA Tour is in Michigan for the Meijer LPGA Classic.

PGA TOUR

THIS WEEK: 126th U.S. Open, Southampton, N.Y., June 18-21

Course: Shinnecock Hills Golf Club (Par 70, 7,440 Yards)

Purse: TBD (2025: $21.5M)

Defending Champion: J.J. Spaun

FedEx Cup Leader: Matt Fitzpa

PM Modi emphasises importance of 'trust' in global partnerships at G7, reaffirms India's commitment to sustainable, inclusive development

Tue, 16 Jun 2026 19:01:54 GMT

Evian [France], June 16 (ANI): Prime Minister Narendra Modi on Tuesday underscored the importance of 'trust' in building international partnerships and reaffirmed India's commitment to advancing sustainable and inclusive global development during the Outreach Session of the 52nd G7 Summit in Evian, France.

In a post on X, the Ministry of External Affairs (MEA) said that Prime Minister Modi highlighted the need fo

PM Modi shares G7 family photo with a vision to "advance prosperity, sustainability and human well-being"

Tue, 16 Jun 2026 19:01:06 GMT

Evian [France], June 16 (ANI): Prime Minister Narendra Modi on Tuesday joined several global leaders for the traditional group photograph at the 52nd G7 Summit being held in the lakeside resort of Evian-les-Bains, France.

Demonstrating India's active multilateral engagement and strong bonds with the international community, PM Modi posted the iconic group photo on X. Committing to a shared global vision alongside

Bank of Japan lifts rates to highest level since 1995

Tue, 16 Jun 2026 18:50:11 GMT

The benchmark interest rate was hiked to 1%, despite US-Iran peace agreement, as higher energy costs spread through the economy

The Bank of Japan raised its key interest rate by a quarter percentage point to 1% on Tuesday, lifting borrowing costs to their highest level since 1995 as it sought to contain inflation from soaring energy prices driven by the US-Israeli war on Iran.

The central b

PM Modi, President Trump hold brief interaction after G7 family photo in France

Tue, 16 Jun 2026 16:31:06 GMT

Evian [France], June 16 (ANI): Prime Minister Narendra Modi and US President Donald Trump held a brief interaction with each other following the traditional family photograph on the second day of the 52nd G7 Summit on Tuesday, ahead of the scheduled outreach session among the member and invited nations in Evian, France.

Visuals from the summit showed Prime Minister Modi interacting with the US President as leader

PM Modi joins world leaders for traditional G7 group photograph at Evian-les-Bains

Tue, 16 Jun 2026 16:30:55 GMT

Captured in the iconic frame alongside PM Modi were key world leaders, including European Council President Antonio Costa, Italian Prime Minister Giorgia Meloni, Egyptian President Abdel Fattah

International Business Summit & Awards 2026 Concludes Successfully in Jaipur; 150+ Entrepreneurs, MSMEs and Startup Founders Participate

Tue, 16 Jun 2026 16:03:07 GMT

PNN

Jaipur (Rajasthan) [India], June 16: The International Business Summit & Awards 2026, organized by the Indian Council for Entrepreneurship & Innovation (ICEI), concluded successfully in Jaipur after three days of insightful discussions, startup pitching, networking, leadership sessions, and business recognition ceremonies. The summit brought together over 150 entrepreneurs, startup founders, MSME lead

European Parliament approves legislation implementing EU-US trade deal

Tue, 16 Jun 2026 14:32:32 GMT

Brussels [Belgium], June 16 (ANI): The European Parliament on Tuesday gave its final approval to the two pieces of legislation aimed at implementing the European Union's trade deal with the US under the August 2025 EU-US joint statement, introducing tariff reductions while incorporating safeguards to protect European industries and the agricultural sector.

According to a press release issued by the European Parli

Unihealth Hospitals Announces Strategic Share Swap to Increase Stake in Uganda's Victoria Hospital

Tue, 16 Jun 2026 14:32:02 GMT

PNN

Mumbai (Maharashtra) [India], June 16: Unihealth Hospitals Limited (NSE: UNIHEALTH | INE0PRF01011), an integrated healthcare services provider listed on NSE Emerge, today announced that it proposes to increase its stake in Victoria Hospital Limited ('Victoria Hospital'), a healthcare company incorporated in Uganda, through a strategic share-swap arrangement with the existing shareholders of Victoria Hospital.

"Russia should strike a deal": US President Trump after "very good" meeting with Zelenskyy

Tue, 16 Jun 2026 14:04:47 GMT

Evian [France], June 16 (ANI): Asserting that Moscow needs to negotiate an end to the ongoing hostilities, US President Donald Trump on Tuesday advocated for a peace deal between Russia and Ukraine.

The American leader committed to doing everything within his power to halt the conflict following what he described as a 'very good' meeting between Ukrainian President Volodymyr Zelenskyy and Group of Seven (G7) lea

Pramerica Life Insurance Launches 'Invest Shield' with Up to 100x Life Cover and Market-Linked Growth in One Plan

Tue, 16 Jun 2026 14:00:26 GMT

NewsVoir

Gurugram (Haryana) [India], June 16: Pramerica Life Insurance today announced the launch of Pramerica Life Invest Shield, a hybrid life insurance plan that combines term-level life protection with a unit-linked investment component in a single policy. The plan is structured so that the life cover operates as a separate term insurance layer, while the investment component functions as a ULIP with nine fun

EUs tougher membership terms: What limits could new members face

Tue, 16 Jun 2026 13:36:18 GMT

Accession terms will bite hard if new states defy Brussels, the blocs enlargement chief has warned

Countries seeking to join the EU could face major limits on their ability to dissent against Brussels' decisions after accession, Enlargement Commissioner Marta Kos has warned.

The EU is looking to speed up the admission of new states amid concerns that growing economicproblemsand global polit

EU seeks to restrict new members options to dissent from bloc media

Tue, 16 Jun 2026 13:36:18 GMT

Accession terms will bite hard if new states defy Brussels, the blocs enlargement chief has warned

Countries seeking to join the EU could face major limits on their ability to dissent against Brussels' decisions after accession, Enlargement Commissioner Marta Kos has warned.

The EU is looking to speed up the admission of new states amid concerns that growing economicproblemsand global polit

Sensex zooms over 500 points, Nifty at 23,989 led by Realty, IT

Tue, 16 Jun 2026 12:32:39 GMT

Mumbai (Maharashtra) [India], June 16 (ANI): Indian equity markets extended gains for a third consecutive session with Sensex zooming over 500 points and Nifty inching towards the 24,000 mark. Nifty Realty, IT and Media emerged as the strongest gainers during Tuesday's session.

However, metals, healthcare, cement and pharma remained weak, limiting broader momentum with leadership shifting towards technology and

India's structural growth story remains strong despite global uncertainties: Ventura

Tue, 16 Jun 2026 12:30:25 GMT

Mumbai (Maharashtra) [India], June 16 (ANI): India's long-term growth outlook remains robust despite global geopolitical uncertainties and intermittent market volatility, supported by resilient domestic demand, infrastructure investments and improving corporate fundamentals, according to financial services firm Ventura.

During a webinar on Current Market Opportunities: Sectors, Stocks, FII Flows, Macro & Geop

Solid foundation, new growth drivers underpin China's economic resilience

Tue, 16 Jun 2026 12:16:33 GMT

BEIJING, June 16 (Xinhua) -- China's economy sustained generally stable momentum in May, as solid fundamentals and strong resilience helped withstand external challenges, while growing new drivers continued to provide firm support for high-quality development, official data showed Tuesday.

China's value-added industrial output grew 4.5 percent year on year in May, 0.4 percentage points faster than the growth in A

Bulgarian MPs Top Europe in Salary Gap Versus Minimum Wage

Tue, 16 Jun 2026 11:23:00 GMT

A comparative study of parliamentary pay across Europe shows that Bulgarian MPs receive salaries that are among the highest in relation to the national minimum wage. In Bulgaria, the ratio stands at roughly 6.8 times the minimum wage, placing the country at the top of this specific indicator in Europe.

Despite this ranking, Bulgaria remains one of the lowest-income countries in the European Union, highlighting a

Cooling crude may ease inflation heat, give RBI room to stay on pause despite WPI surge: YES Bank

Tue, 16 Jun 2026 10:59:20 GMT

New Delhi, [India] June 16 (ANI): India's wholesale inflationary pressures remain elevated, but easing global crude oil prices and a stable rupee could help soften future price risks, potentially allowing the Reserve Bank of India (RBI) to defer any immediate rate hike despite a sharp rise in wholesale price inflation, according to a YES Bank report.

The report noted that the newly rebased Wholesale Price Index

Impact of US-Iran war to keep European credit under pressure in second half of 2026

Tue, 16 Jun 2026 10:58:10 GMT

New Delhi [India], June 16 (ANI): European credit conditions are set to face more headwinds through end-2026 as the US-Iran war dragged on growth, lifted inflation and raised funding costs, but the outlook may now shift quickly, as per Fitch Ratings' mid-year update.

The US and Iran signed an MoU on June 16, paving the way for the Strait of Hormuz to fully reopen after 108 days of war. If energy costs fall and tr

Bulgaria's Deficit Could Reach 5.5-6% of GDP

Tue, 16 Jun 2026 10:00:00 GMT

Simeon Dyankov, head of Bulgaria's Fiscal Council and former Finance Minister, estimates that the country's total budget deficit for 2025 will reach around 5.5 percent of GDP, warning that the figure could even approach 6 percent depending on final calculations. Speaking on BNT, he said the projected shortfall corresponds to roughly 2.2 to 3.4 billion euros.

Dyankov noted that Bulgaria's position under an excessi

US credit outlook faces tougher second half as inflation, rates bite household budgets

Tue, 16 Jun 2026 09:33:27 GMT

New Delhi [India], June 16 (ANI): The second half of 2026 is shaping up to be more uneven for US credits, a research report by Fitch Ratings said. The agency warned that inflation and higher-for-longer interest rates will deepen pressure on consumer-sensitive sectors while energy-linked industries benefit.

The bifurcated outlook suggests more rating downgrades ahead for retailers, homebuilders and packaged foods

Pakistan: Girls in K-P's tribal districts face major barriers to technical education

Tue, 16 Jun 2026 09:33:16 GMT

Peshawar [Pakistan], June 16 (ANI): Girls in Pakistan's Khyber-Pakhtunkhwa (K-P) province, particularly in the merged tribal districts, continue to face major obstacles in accessing technical and vocational education, limiting their opportunities for employment and economic advancement, The Express Tribune reported.

According to data cited by The Express Tribune from the Khyber-Pakhtunkhwa Technical Education and

FY26 marks major expansion of India's trade outreach with series of FTAs, economic partnership deals

Tue, 16 Jun 2026 09:32:53 GMT

New Delhi [India], June 16 (ANI): Fiscal year 2025-26 witnessed a significant expansion of India's global trade engagement, with New Delhi concluding a series of free trade agreements (FTAs) and comprehensive economic partnership pacts with key economies, including the United Kingdom, Oman, New Zealand and the European Union, aimed at boosting exports, attracting investments and enhancing market access.

According

India's BoP remains resilient but faces risk from dollar liquidity tightness: Report

Tue, 16 Jun 2026 09:31:47 GMT

New Delhi [India], June 16 (ANI): India's balance of payments remains broadly resilient but is increasingly constrained by global dollar liquidity tightness, leading to currency volatility, including in the rupee.

This environment also poses a risk of downward revisions to FY27 earnings estimates, says ASK Private Wealth.

According to the report, FCNR deposits are the most stable liquidity for India - its

ISRO Scientists Launch Space Technology & Research Program 2026 at Chandigarh University

Tue, 16 Jun 2026 08:32:36 GMT

PRNewswire

Chandigarh [India], June 16: In a major step towards strengthening space technology education and research, Chandigarh University, through its Kalpana Chawla Centre (KCC) has launched the KCC Space Technology & Research Program 2026 and the KCC Summer Internship Program 2026 at its campus on Monday.

The month-long national-level programme, running from June 15 to July 11, 2026, has brought to

India's fiscal policy is evolving to support domestic growth: S&P Global

Tue, 16 Jun 2026 08:32:03 GMT

New Delhi [India], June 16 (ANI): India's fiscal policy is undergoing a significant shift to support domestic growth and strengthen economic resilience amid rising global uncertainties triggered by the ongoing West Asia conflict, according to a report by S&P Global.

The report noted that the prolonged geopolitical tensions are prompting India to move beyond short-term crisis management and adopt medium- to lo

Iran, U.S. both claim win over MoU amid deep rifts

Tue, 16 Jun 2026 07:45:12 GMT

Experts point out that based on the details released so far, the agreement does not fundamentally resolve the long-standing differences between the United States and Iran over issues such as the nuclear program, nor does it reduce the mutual distrust between the two sides.

TEHRAN/WASHINGTON, June 16 (Xinhua) -- The United States and Iran both claimed victory after digitally signing on

Iran-US pact may ease oil shock, support broader earnings recovery in India: Kotak

Tue, 16 Jun 2026 07:31:10 GMT

Mumbai, (Maharashtra) [India] June 16 (ANI): A potential agreement between Iran and the United States to end the ongoing West Asian conflict could lead to a normalization of global energy markets, ease macroeconomic pressures on India and support a broader recovery in corporate earnings, according to a report by Kotak Institutional Equities.

The brokerage said that markets are closely awaiting the final agreement

India's export outlook is challenging for FY27, but worst is over: Elara Securities

Tue, 16 Jun 2026 07:30:58 GMT

New Delhi [India], June 16 (ANI): India's export outlook remains challenging in FY27 amid moderating global demand and elevated electronics imports, but the worst phase appears to be behind as a weaker rupee, resilient services exports and strong remittance inflows are likely to cushion external sector pressures, according to a report by Elara Securities.

The report noted that softer crude oil prices and easing f

India's telecom ARPU to grow 7% CAGR through FY29; narrowing tariff gap with global markets: Report

Tue, 16 Jun 2026 06:59:59 GMT

New Delhi [India], June 16 (ANI): India's telecom sector is entering a multi-year growth and recovery phase with ARPU CAGR expected to grow to 7% during FY26-29E, which will likely reduce India's tariff gap, as per a report by Elara Capital.

Noting that the industry consolidation is largely complete and tariffs are still among the lowest globally', the report noted, 'The sector is well-positioned for stronger cas

RBI invites young professionals to work with central bank at Rs 1.5 lakh/month stipend

Tue, 16 Jun 2026 06:03:50 GMT

New Delhi [India], June 16 (ANI): The Reserve Bank of India has invited online applications from eligible candidates for engagement as Young Professional (YP) for different work areas in its various Central Office Departments located at Mumbai for a fixed stipend of Rs 1,50,000 monthly.

According to the official notification issued by the central bank, the recruitment drive focuses on filling a total of 12 posit

Gujarat Inject Kerala Limited Bags Rs. 14.49 Crore Solar PV Module Order from Deon Energy Limited

Tue, 16 Jun 2026 06:00:44 GMT

PNN

Vadodara (Gujarat) [India], June 16: Gujarat Inject Kerala Limited (BSE: 524238), which is in the process of rebranding as Regenova Renewtech Limited, has secured a significant purchase order worth approximately Rs. 14.49 crore (exclusive of GST) from Deon Energy Limited for the supply of 16,129 Solar PV Modules of 620 WP capacity.

The order marks another important milestone in the company's strategic e

Union Minister Piyush Goyal invites French businesses, investors to partner with India

Tue, 16 Jun 2026 04:59:03 GMT

Nice [France], June 16 (ANI): Union Commerce Minister Piyush Goyal invited French businesses and investors to partner with India as the two countries strive to advance their growth and prosperity.

In a post on X, he shared that he attended the dinner hosted by renowned legal luminary and Chairperson of the Board of IIT Delhi, Harish Salve, alongside leaders of industry from India and France, members of the academ

Indian markets continue to trade in green following strong global cues; Brent Crude at USD 82/bbl

Tue, 16 Jun 2026 04:32:46 GMT

New Delhi [India], June 16 (ANI): Indian equity markets opened in the green on Tuesday, tracking strong performance across global peers and selective overnight gains in US markets.

The BSE SENSEX stood at 76,526.77 points, up by 262.44 points or 0.34 per cent, while the NSE NIFTY 50 gained 70.00 points or 0.29 per cent to trade at 23,923.90 points in early trade.

The initial surge reflects an accumulation

10-year benchmark G-Sec yield drops to 7% in May amid favorable regulatory shifts

Tue, 16 Jun 2026 03:31:20 GMT

New Delhi [India], June 16 (ANI): The yield on the 10-year benchmark government security (6.48% GS 2035) ended May at 7.00 per cent, dropping by two basis points from its April closing position of 7.02 per cent, according to the latest market data from a Crisil Intelligence report.

The report also mentioned that 'the benchmark G-sec yield would likely be in the 6.93-7.03% range through the three-month horizon.'

Assam Finance Minister stresses expansion of tax base, technology-driven revenue mobilisation

Tue, 16 Jun 2026 01:58:33 GMT

Guwahati (Assam) [India], June 16 (ANI): Ahead of presenting his first state budget in the Assembly, Assam Finance Minister Jayanta Mallabaruah on Monday chaired a comprehensive review meeting of the Commissionerate of Taxes at Kar Bhawan in Guwahati to assess the department's performance and discussed strategies for strengthening revenue mobilisation while stressing on expansion of tax base and technology-driven reven

Emmanuel and Brigitte Macron welcome world leaders as G7 Summit kicks off in France

Tue, 16 Jun 2026 00:58:05 GMT

Evian-les-Bains [France], June 16 (ANI): French President Emmanuel Macron and First Lady Brigitte Macron kick-started the 52nd G7 Summit on Tuesday as they welcomed the leaders of the Group of Seven (G7) nations in the French spa town of Evian-les-Bains, with global security, economic stability and the newly announced US-Iran peace deal expected to dominate discussions.

Macron greeted the arriving leaders indivi

India, Slovakia back UNSC reforms, deepen cooperation with regional groupings

Mon, 15 Jun 2026 23:58:01 GMT

Bratislava [Slovakia], June 16 (ANI): Prime Minister Narendra Modi and his Slovak counterpart Robert Fico reaffirmed their commitment to multilateralism, expansion of the UN Security Council and enhanced cooperation with regional groupings, according to the India-Slovakia Joint Statement issued on Monday.

The two leaders stressed the need for comprehensive reforms of multilateral institutions, particularly the U

India, Slovakia to establish joint counterterrorism working group: MEA Secretary Sibi George

Mon, 15 Jun 2026 23:29:49 GMT

Bratislava [Slovakia], June 16 (ANI): India and Slovakia have agreed to establish a joint working group on counterterrorism cooperation and launch a consular dialogue mechanism, as the two countries elevated their ties to a Comprehensive Partnership during Prime Minister Narendra Modi's historic visit to the European country.

Addressing a press conference, Ministry of External Affairs Secretary (West) Sibi George

India, Slovakia agree to expand economic cooperation by strengthening Joint Economic Committee

Mon, 15 Jun 2026 20:29:17 GMT

Bratislava [Slovakia], June 16 (ANI): India and Slovakia on Monday agreed to expand bilateral economic cooperation between the two countries by strengthening the role of the India-Slovakia Joint Economic Committee (JEC) to identify and promote high-potential areas of collaboration.

According to the India-Slovakia Joint Statement issued following Prime Minister Narendra Modi's meeting with Slovakian Prime Minister

Bridging global innovation: Piyush Goyal explores Sophia Antipolis to boost Indo-French tech ties

Mon, 15 Jun 2026 19:32:39 GMT

New Delhi [India], June 15 (ANI): After Prime Minister Narendra Modi and French President Emmanuel Macron inaugurated the 'Bharat Innovates 2026' summit, Commerce Minister Piyush Goyal visited Sophia Antipolis, Europe's top science and technology hub, to boost India's deep-tech ties with European markets.

In a post on X, Goyal highlighted the visit to study the hub's unique ecosystem, which effectively integrates

India's current account surplus reaches $4.7 billion, foreign portfolio outflows lead to BoP deficit in April: RBI Data

Mon, 15 Jun 2026 19:30:01 GMT

New Delhi [India], June 15 (ANI): Even as India's external position improved in trade and services, capital outflows--especially portfolio investment--dragged the overall balance into deficit in April 2026, as per the data released by the Reserve Bank of India.

As per the preliminary Balance of Payments (BoP) data shared by the apex bank on Monday, India's current account turned into a surplus of USD 4.7 billion

Germany misses Nazism Lavrov

Mon, 15 Jun 2026 18:02:33 GMT

Berlins growing military partnership with Kiev shows its Nazi instincts never truly disappeared, the Russian foreign minister said

Germany is proving that it misses its Nazi past by continuing to expand military cooperation with Ukraine, Russian Foreign Minister Sergey Lavrov has said.

Speaking to journalists on Monday, Lavrov pointed to recent remarks by German Foreign Minister Johann Wade

Switzerland welcomes US-Iran understanding, offers venue for formal signing

Mon, 15 Jun 2026 17:32:43 GMT

By Ayushi Agarwal

Bern [Switzerland], June 15 (ANI): Switzerland has welcomed the Memorandum of Understanding (MoU) reached between the United States and Iran, describing it as an important step towards de-escalation and regional stability in the Near and Middle East.

In a response to ANI, the spokesperson for the Swiss Foreign Ministry said peace and security in the region remain a priority of Swiss forei

SpaceX shares jump 6% on second day of trading

Mon, 15 Jun 2026 17:31:22 GMT

New York [US], June 15, (ANI): SpaceX continued to climb on the second day as the reusable rocket company's shares jumped 6 per cent to USD170 against the Friday's closing price of USD161.

SpaceX shares ended their debut trading session at USD161 with gains of 19 per cent over the issue price of USD135. The rise in SpaceX shares led to its valuation topping USD2 trillion.

The spike in SpaceX shares came am

Markets will touch all-time high eventually despite near-term concerns: Kotak Mahindra's Nilesh Shah

Mon, 15 Jun 2026 17:04:04 GMT

New Delhi [India], June 15 (ANI): Indian equity markets may continue to face near-term challenges from global and domestic developments, but will eventually scale fresh all-time highs, according to Kotak Mahindra Asset Management Company Nilesh Shah.

Shah's optimism springs from India's ability to overcome concerns ranging from oil prices to monsoon-related risks and deep-tech competitiveness.

'Whether that

motorola Razr 70 vs motorola Razr 70 Ultra: Which Foldable Fits Your Lifestyle?

Mon, 15 Jun 2026 15:01:10 GMT

PNN

Pune (Maharashtra) [India], June 15: motorola expanded its premium foldable smartphone lineup with the motorola Razr 70 and motorola Razr 70 Ultra, both unveiled globally on 29 April 2026. They are expected to launch in India in July 2026. The Razr 70 featur

India Chair on AI to be set up in a Slovakian university: PM Modi

Mon, 15 Jun 2026 15:00:37 GMT

Bratislava [Slovakia], June 15 (ANI): In a significant stride towards collaboration on technology, an 'India Chair on Artificial Intelligence' is set to be established at a university in Slovakia.

Prime Minister Narendra Modi made the announcement on Monday during his visit to Slovakia, the first visit of an Indian Prime Minister to the European nation, marking a pivotal moment as both countries elevated their b

15 minutes to departure: Noida residents celebrate launch of first commercial flight from Jewar Airport

Mon, 15 Jun 2026 14:58:04 GMT

Bengaluru (Karnataka) [India], June 15 (ANI): Noida International Airport in Jewar officially commenced commercial flight operations on Monday, marking a transformative milestone for aviation in the National Capital Region (NCR). The inaugural day saw the departure of flights to multiple destinations, including Bengaluru and Lucknow, signalling a significant shift in regional connectivity.

The launch is being hai

Bulgaria to Raise Defense Spending to 3.5% of GDP Under 2035 Plan

Mon, 15 Jun 2026 14:00:00 GMT

Bulgaria's government has outlined an extensive long-term plan to modernize its armed forces, with total defense-related investments projected at around ?19 billion by 2035. Of this amount, approximately ?9 billion is allocated directly to armaments procurement and military modernization.

According to details of the investment strategy published by the government and reported by BNR, funding will come from both t

PM Modi invites Slovak counterpart Robert Fico to visit India

Mon, 15 Jun 2026 13:33:14 GMT

Bratislava [Slovakia], June 15 (ANI): Prime Minister Narendra Modi on Monday invited his Slovak counterpart, Robert Fico, to visit India while he was on a state visit to the central European nation, saying that he was delighted that the Slovak leader had publicly accepted the invitation.

Addressing the joint press statements with Prime Minister Fico in Bratislava, PM Modi said that his invitation was on behalf of

Elon Musk forecasts a trillion-dollar revenue for SpaceX by 2030

Mon, 15 Jun 2026 13:33:00 GMT

Texas [US], June 15, (ANI): Elon Musk projects SpaceX revenue to top USD1 trillion by 2030. The Tesla and SpaceX owner made the claim on his X handle, a social media platform that he owns and is part of SpaceX.

'I would be surprised if revenue is not greater than $1 trillion in 2031,' Musk said in his post on Monday. A few minutes earlier he had posted, 'I think SpaceX might be able to reach approximately $1 tril

Will take "necessary steps" for agreement to be implemented quickly: Slovak PM Robert Fico on India-EU FTA

Mon, 15 Jun 2026 13:32:12 GMT

Bratislava [Slovakia], June 15 (ANI): Slovak Prime Minister Robert Fico on Monday strongly endorsed the recently concluded India-European Free Trade Agreement (FTA), calling it one of the most 'ambitious' trade deals ever negotiated and pledging Slovakia's full support for its swift implementation.

Speaking during the India-Slovakia Exchange of MoUs and joint press statements with Prime Minister Narendra Modi in

PM Modi express gratitude towards his Slovak counterpart Robert Fico for support in India-EU FTA

Mon, 15 Jun 2026 13:31:41 GMT

Bratislava [Slovakia], June 14 (ANI): Prime Minister Narendra Modi on Monday thanked his Slovakian counterpart Robert Fico for his support in finalising the historic India-European Free Trade Agreement (FTA).

Addressing a joint press meeting in Slovakia's captial city Bratislava, PM Modi affirmed committment to ensuring early implementation of the FTA in order to help the two countries, their industries, startups

USTR arrives June 22 for trade talks; Commerce Secretary says US-Iran deal should bring lasting peace

Mon, 15 Jun 2026 13:31:08 GMT

New Delhi [India], June 15 (ANI): Commerce Secretary Rajesh Agrawal welcomed the announcement of the peace agreement between the United States and Iran, expressing hope that the understanding would bring lasting stability to the West Asian region, even as the country recorded one of its strongest monthly export performances in recent years.

Speaking while releasing India's trade data for May 2026, Agrawal said Ne

Telangana CM Revanth Reddy accuses Centre, G Kishan Reddy of sabotaging Hyderabad Metro expansion

Mon, 15 Jun 2026 11:59:57 GMT

Hyderabad (Telangana) [India], June 15 (ANI): In a sharp escalation of political tensions, Telangana Chief Minister A Revanth Reddy on Monday accused the Union Government and Union Minister G Kishan Reddy of actively stalling the 122-km Hyderabad Metro Phase 2 project.

The Chief Minister alleged that the Centre is using bureaucratic hurdles to block essential funding, effectively holding the city's development h

Pakistan warns of economic challenges threatening 2026-27 budget outlook

Mon, 15 Jun 2026 11:59:28 GMT

Islamabad [Pakistan], June 15 (ANI): Pakistan's government has cautioned that several economic and external factors could significantly impact the country's fiscal outlook for the 2026-27 financial year, according to a fiscal risk statement submitted to parliament.

The report, presented by Finance Minister Muhammad Aurangzeb and Finance Secretary Imdad Ullah Bosal under the Public Finance Management Act 2019, out

Oppenheimer issues bullish outlook on SpaceX with USD190 price target

Mon, 15 Jun 2026 11:32:03 GMT

New York [US], June 15, (ANI): Oppenheimer became the first global brokerage to initiate coverage on SpaceX with a bullish outlook for Elon Musk's rocket, internet and AI company, Reuters reported.

The brokerage, in its outlook issued on Thursday ahead of the blockbuster listing, gave a price target of USD190 and an 'outperform' rating to the stock.

'We see it as the only vertically integrated AI company w

Asian markets end higher as investors rejoice US-Iran peace agreement

Mon, 15 Jun 2026 10:32:22 GMT

Tokyo [Japan], June 15, (ANI): Investors welcomed the peace agreement reached between the US and Iranian negotiators as shares in Asia climbed, hoping for a durable peace in West Asia. Investors cheered the news of the reopening of the Strait of Hormuz, which has been blockaded due to the US-Iran conflict.

US President Donald Trump announced on Truth Social that a deal with Iran is now complete. The memorandum o

Fresh FCNR(B) deposits may lift banks' NIMs by up to 4 bps, ease funding cost pressures: Systematix

Mon, 15 Jun 2026 09:33:09 GMT

New Delhi [India], June 15 (ANI): Fresh Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits mobilised under the Reserve Bank of India's latest concessional swap facility are expected to provide a modest boost to banks' net interest margins (NIMs) while significantly easing funding pressures in the banking system, according to a report by Systematix Research.

The report noted that banks have responded to the R

PM Modi welcomes US-Iran peace deal, expresses hope for restoring peace in W Asia region

Mon, 15 Jun 2026 09:32:52 GMT

New Delhi [India], June 15 (ANI): Prime Minister Narendra Modi on Monday welcomed the peace negotiations between the United States and Iran amid the conflict in West Asia and urged faster restoration of peace and stability in the region, along with ensuring freedom of navigation.

In a post on X, the Prime Minister highlighted how the conflict resulted in serious economic disruptions and loss of life in many coun

Bengaluru Hosts Global Legal Leaders at 13th LexTalk World Conference & Exhibition APAC

Mon, 15 Jun 2026 09:31:22 GMT

VMPL

Bengaluru (Karnataka) [India], June 15: As technology reshapes the legal profession at speed, the 13th LexTalk World Conference & Exhibition APAC brought together over 300 senior legal leaders, policymakers, jurists, and tech innovators at the Radisson Blu Atria, Bengaluru, on the 11th of June 2026. Conceptualised and executed by MantraNex Vista Pvt Ltd, the day-long conference centred on the theme 'AI &

Actor Gul Panag boards first direct flight from Lucknow to Noida, calls it "special one"

Mon, 15 Jun 2026 08:04:06 GMT

Noida (Uttar Pradesh) [India], June 15 (ANI): Actor Gul Panag was among the passengers on the first direct flight between Lucknow and Noida as Chaudhary Charan Singh International Airport marked a new chapter in air connectivity within Uttar Pradesh on Monday.

The inaugural flight, 6E 2278, departed from Lucknow for Noida International Airport in Jewar with 182 passengers on board. The launch of the new route is

Nirmala Sitharaman signals more policy measures to boost foreign capital inflows into India

Mon, 15 Jun 2026 08:03:37 GMT

New Delhi [India], June 15 (ANI): Union Finance Minister Nirmala Sitharaman on Monday said the government and the Reserve Bank of India (RBI) will take additional measures to attract foreign capital into India, stressing that recent steps aimed at easing investment into the bond market are only the beginning of a broader strategy.

At a fireside chat, with Hero Enterprise Chairman Sunil Kant Munjal and Motilal Osw

From a village in Nepal to Mumbai's Fintech frontline: COMPEX scholarship shapes life of LenDenClub Co-Founder Dipesh Karki

Mon, 15 Jun 2026 08:03:31 GMT

Kathmandu [Nepal], June 15 (ANI): Dipesh Karki grew up in Eastern Nepal with roots deep extended to the rural setting in Khotang District. Though he spent most of his childhood in Biratnagar in course of studies, back in the village, he got used to watching neighbours lend money to one another, which shaped his values, and the COMPEX scholarship shaped his life, which has now made him Co-founder of LenDen Club in Mumba

EU leaders welcome US-Iran peace talks, warn against weaponisation of energy dependencies

Mon, 15 Jun 2026 07:32:31 GMT

Brussels [Belgium], June 15 (ANI): European Union leaders Ursula von der Leyen and Antonio Costa have welcomed the peace agreement reached between US and Iran and urged its swift and full implementation by all parties. They called for the restoration of freedom of navigation, terming it essential for the global economy and said that the European Union is ready to contribute to advancing a comprehensive strategy for las

Jairam Ramesh welcomes US-Iran accord, raises concerns over Indian economy and foreign policy

Mon, 15 Jun 2026 07:31:32 GMT

New Delhi [India], June 15 (ANI): General Secretary in charge of Communications, Jairam Ramesh, welcomed reports of a proposed agreement between the United States and Iran to halt hostilities in West Asia, while expressing concerns over India's economic challenges and foreign policy approach in the region.

In a post on X, he said that the US and Iran would sign an agreement in Geneva on June 19 to halt hostilitie

RBI Repo Rate Pause Provides Stability Amid Global Cost Pressures; Emperium Group Highlights Strong Financial Planning and Execution Continuity

Mon, 15 Jun 2026 07:31:21 GMT

VMPL

New Delhi [India], June 15: India's real estate sector is navigating a dynamic macroeconomic environment following the Reserve Bank of India's decision to maintain the repo rate at 5.25%, even as geopolitical tensions in West Asia continue to drive volatility in global crude oil prices and construction linked input costs.

Industry estimates indicate that ongoing global uncertainty has led to a 2-5% ris

First direct flight between Lucknow and Noida successfully takes off

Mon, 15 Jun 2026 06:59:46 GMT

Lucknow (Uttar Pradesh) [India], June 15 (ANI): Chaudhary Charan Singh International Airport in Lucknow on Monday marked a significant milestone with the successful operation of the first direct flight between Lucknow and Noida, strengthening air connectivity between two key economic and administrative centres of Uttar Pradesh.

The launch of this new service strengthens air connectivity between two of Uttar Prade

Goldman Sachs sees India BoP surplus after 2 yrs of deficit, cuts CAD forecast to 1.3% of GDP

Mon, 15 Jun 2026 06:31:28 GMT

New Delhi [India], June 15 (ANI): Goldman Sachs has turned more constructive on India's external sector outlook, saying the country's balance of payments (BoP) position remains stronger than suggested by the recent weakness in the rupee and projecting a BoP surplus in 2026 after two consecutive years of deficits.

In its latest report, 'India: A More Favourable Balance of Payments Outlook', Goldman Sachs said, 'Th

AU Small Finance Bank Strengthens Customer-First Approach to Its Credit Card Range

Mon, 15 Jun 2026 06:00:48 GMT

BusinessWire India

Mumbai (Maharashtra) [India], June 15: AU Small Finance Bank (AU SFB), India's largest Small Finance Bank and the first in over a decade to receive in-principle approval from the Reserve Bank of India to transition into a Universal Bank, today reaffirmed its customer-first approach to its credit card range. The range covers cards built for different kinds of Indian customers' premium lifestyle,

Sensex up 1100 pts, Nifty jumps 350 pts as Indian markets soar amid global peace sentiment settle

Mon, 15 Jun 2026 05:03:45 GMT

New Delhi [India], June 15 (ANI): Indian equity markets witnessed a strong bullish momentum on Monday morning, opening significantly higher and trading firmly in the green. The BSE SENSEX stood at 76,656.61 points, marking a substantial jump of 1128.66 points or 1.49 per cent. Similarly, the NSE NIFTY 50 climbed 350.40 points or 1.48 per cent to trade at 23,973.30 points.

The sharp rally follows a significant ov

'Opportunity to restore regional peace, stabilise global economy': US-Iran breakthrough draws global support

Mon, 15 Jun 2026 03:32:10 GMT

Paris [France], June 15 (ANI): Leaders across Europe and the Indo-Pacific on Monday welcomed the landmark peace agreement between the United States and Iran, describing it as a rare diplomatic opening to restore stability in West Asia, revive freedom of navigation through the Strait of Hormuz, and ease mounting pressure on global energy markets and economic growth and with creating momentum for a lasting resolution of

Building a frontier ecosystem over models essential for global economic value: Microsoft CEO

Mon, 15 Jun 2026 02:58:58 GMT

New Delhi [India], June 15 (ANI): Microsoft Chairman and CEO Satya Nadella stated that the priority for the global economy must center on building a frontier ecosystem rather than just a frontier model to ensure value flows broadly across every company, industry, and country.

'In my view, our priority has to be building a frontier ecosystem, not just a frontier model, so value flows broadly across every company,

Continuing tradition, fans of Japan clean up postgame

Mon, 15 Jun 2026 02:19:13 GMT

(Photo credit: Tim Heitman-Imagn Images)

Fans of Japan's World Cup soccer team might be forgiven for acting a little raucous following their squad's 2-2 draw against the Netherlands on Sunday in Arlington, Texas.

Instead, as is their custom, they spent their time post-match picking up trash at AT&T Stadium in large plastic bags.

Daichi Kamada knotted the score in dramatic fashion, positioning for

Asian Indices soar as US-Iran sign peace deal, Nikkei rises over 4%

Mon, 15 Jun 2026 01:30:37 GMT

Tokyo [Japan], June 15 (ANI): As US President Donald Trump announced the Peace Deal framework that brings a closure to the crisis in the Middle East, Asian stocks cheered and rose significantly.

As of filing this report, Kyodo News reported that Japan's Nikkei had risen over 4% to set a intraday record high.

Early reports saw Asia-Pac stocks jump at the opening as the Peace Deal opens up the critical Strai

World welcomes US-Iran peace deal as major diplomatic breakthrough for regional stability

Mon, 15 Jun 2026 00:58:37 GMT

Doha [Qatar], June 15 (ANI): World leaders on Monday welcomed the peace deal announced between the United States and Iran, describing it as a major diplomatic breakthrough that could help restore stability in West Asia, reopen the Strait of Hormuz, and ease economic pressures caused by months of conflict in the region.

The agreement, announced by US President Donald Trump and supported by mediators led by Pakista

Trump, Iran Say Framework Agreement Reached To End War

Sun, 14 Jun 2026 23:40:12 GMT

US President Donald Trump said a framework agreement has been reached to halt fighting in the Middle East, reopen the Strait of Hormuz, and end the US blockade of Iranian ports.

"The Deal with the Islamic Republic of Iran is now complete,"Trump wroteon Truth Social in announcing the agreement, which will open a 60-period to allow for a more detailed peace deal to be negotiated between Washington and Tehran.