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GLOBAL NEWS | Fri, 12 Jun 2026, 11:02PM IST Anthropic and OpenAI could join SpaceX with their own initial public offerings, setting many employees up to become millionaires or billionaires.

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9m

INDIA MARKET | Fri, 12 Jun 2026, 10:44PM IST Elon Musk has become the world's first person to enter the trillionaire club.

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INDIA MARKET | Fri, 12 Jun 2026, 10:44PM IST The Reserve Bank of India (RBI) logo at its headquarters in Mumbai, Maharashtra.

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INDIA MARKET | Fri, 12 Jun 2026, 10:38PM IST Expectations that an agreement between the US and Iran may help reopen the strait sent oil prices tumbling

Continue reading at Business Standard

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INDIA MARKET | Fri, 12 Jun 2026, 10:34PM IST Shares will likely not trade until the middle of the trading day, as the exchange collects buy and sell orders and underwriters delay trading until supply and demand is balanced

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37m

INDIA MARKET | Fri, 12 Jun 2026, 10:34PM IST Elon Musk will receive350 million Class B shares, with the strong market debut boosting his wealth making him world's first trillionaire.

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INDIA MARKET | Fri, 12 Jun 2026, 10:22PM IST The firm also believes SpaceX's IPO valuation includes a large "option premium" of $72; meaning that investors are willing to pay more than justifiable to a possibility of future breakthroughs.

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GLOBAL NEWS | Fri, 12 Jun 2026, 10:22PM IST The size of the award remains to be determined as it only involves the legal fees associated with part of her court battle with Mr. Baldoni, with whom she made a film.

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49m

INDIA BUSINESS | Fri, 12 Jun 2026, 10:15PM IST Don't put your savings in one place and instead, divide them across different buckets

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INDIA MARKET | Fri, 12 Jun 2026, 10:07PM IST Shares will likely not trade until the middle of the trading day, as the exchange collects buy and sell orders and underwriters delay trading until supply and demand is balanced

Continue reading at Business Standard

1h

INDIA MARKET | Fri, 12 Jun 2026, 10:05PM IST The government has notified a revised common application form for foreign portfolio investors (FPIs) to streamline registration and account opening processes. This move, along with recent tax exemptions on government securities, aims to attract foreign capital and stabilize the rupee. The updated form simplifies declaration requirements and introduces a new category for investors exclusively in government securities.

Continue reading at Economic Times

1h

INDIA MARKET | Fri, 12 Jun 2026, 10:00PM IST File image of Pakistan Prime Minister Shehbaz Sharif

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1h

GLOBAL NEWS | Fri, 12 Jun 2026, 10:00PM IST The stock market debut of Elon Musks rocket company paves the way for a wave of mega offerings that are coming from OpenAI and Anthropic.

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1h

INDIA MARKET | Fri, 12 Jun 2026, 9:50PM IST Elon Musk briefly touched a trillion-dollar net worth as SpaceX shares surged on its Wall Street debut, though his wealth later settled below that mark. The rocket company's IPO positions it among the largest US-listed firms, with Musk reiterating his ambition to take humanity to Mars and beyond.

Continue reading at Economic Times

1h

INDIA BUSINESS | Fri, 12 Jun 2026, 9:46PM IST The IndiaAI Mission-backed startup said Varya can generate video at a fraction of the cost of global models while better capturing Indian contexts and cultural diversity

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1h

INDIA BUSINESS | Fri, 12 Jun 2026, 9:45PM IST Judging investments only by their returns and ignoring taxes can lead to poor financial decisions

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1h

GLOBAL NEWS | Fri, 12 Jun 2026, 9:44PM IST The stock market debut of Elon Musks rocket company paves the way for a wave of mega offerings that are coming from OpenAI and Anthropic.

Continue reading at The New York Times

1h

INDIA BUSINESS | Fri, 12 Jun 2026, 9:38PM IST A new train service, the MadgaonKarwar Express, has been launched. Union Minister V Somanna flagged off the service from Madgaon Railway Station. This initiative enhances rail connectivity between Goa and Karnataka's coastal regions. The service aims to offer convenient travel for commuters, students, tourists, and business travelers. It is expected to boost tourism, trade, and socio-economic development in the area.

Continue reading at Economic Times

1h

INDIA BUSINESS | Fri, 12 Jun 2026, 9:38PM IST A new train service, the MadgaonKarwar Express, has been launched. Union Minister V Somanna flagged off the service from Madgaon Railway Station. This initiative enhances rail connectivity between Goa and Karnataka's coastal regions. The service aims to offer convenient travel for commuters, students, tourists, and business travelers. It is expected to boost tourism, trade, and socio-economic development in the area.

Continue reading at Economic Times

1h

GLOBAL NEWS | Fri, 12 Jun 2026, 9:38PM IST With SpaceX shares soaring on their first day of trading, the worlds richest person crossed another milestone one with 13 digits.

Continue reading at The New York Times

1h

INDIA MARKET | Fri, 12 Jun 2026, 9:37PM IST Space X lists at premium of 11%

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1h

GLOBAL NEWS | Fri, 12 Jun 2026, 9:36PM IST With SpaceX shares soaring on their first day of trading, the worlds richest person crossed another milestone one with 13 digits.

Continue reading at The New York Times

1h

INDIA MARKET | Fri, 12 Jun 2026, 9:34PM IST The price hikes have been significantly higher for some models.

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1h

GLOBAL NEWS | Fri, 12 Jun 2026, 9:32PM IST The stock market debut of Elon Musks rocket company paves the way for a wave of mega offerings that are coming from OpenAI and Anthropic.

Continue reading at The New York Times

1h

INDIA MARKET | Fri, 12 Jun 2026, 9:32PM IST Elon Musk will receive350 million Class B shares, with the strong market debut boosting his wealth making him world's first trillionaire.

Continue reading at NDTV

1h

INDIA MARKET | Fri, 12 Jun 2026, 9:23PM IST Iranian Foreign Minister Abbas Araqchi says negotiations on an Islamabad-backed understanding have entered the final stages.

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1h

INDIA MARKET | Fri, 12 Jun 2026, 9:13PM IST File image of Iranian Foreign Minister Abbas Araghchi

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1h

INDIA MARKET | Fri, 12 Jun 2026, 9:13PM IST Early box office trends suggest a close contest, with Imtiaz Ali's Main Vaapas Aaunga holding a narrow lead over the Kangana Ranaut-starrer Bharat Bhhagya Viddhaata.

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1h

INDIA BUSINESS | Fri, 12 Jun 2026, 9:12PM IST The restrictions are effective from the closure of business hours on Friday for a period of six months and are subject to review, the Reserve Bank of India (RBI) said in a statement.

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1h

INDIA MARKET | Fri, 12 Jun 2026, 9:07PM IST As many as 104 matches will be played at FIFA World Cup 2026,

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2h

INDIA MARKET | Fri, 12 Jun 2026, 9:02PM IST SpaceX began trading on Nasdaq following a record-breaking IPO that valued the company at $1.75 trillion. Investors are closely watching its market debut, growth prospects in space, satellite communications and AI, and potential inclusion in the Nasdaq-100 index.

Continue reading at Economic Times

2h

INDIA MARKET | Fri, 12 Jun 2026, 9:02PM IST SpaceX began trading on Nasdaq following a record-breaking IPO that valued the company at $1.75 trillion. Investors are closely watching its market debut, growth prospects in space, satellite communications and AI, and potential inclusion in the Nasdaq-100 index.

Continue reading at Economic Times

2h

INDIA MARKET | Fri, 12 Jun 2026, 9:00PM IST England won the inaugural edition of the tournament back in 2009.

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2h

INDIA BUSINESS | Fri, 12 Jun 2026, 8:56PM IST The FSSAI has issued a strict directive to all food business operators. They must immediately cease using metallic pins and wires for packaging food items and parcels. This measure is crucial for public health and food safety. Non-compliance will lead to penal action under the FSS Act, 2006. The regulator highlighted the serious hazard of pins being consumed, causing injury.

Continue reading at Economic Times

2h

INDIA BUSINESS | Fri, 12 Jun 2026, 8:34PM IST Green SM, Vietnam's electric ride-hailing service, is expanding its Indian operations. The company has partnered with Urban Vault for flexible workspaces. Green SM has leased 500 seats in Gurugram and plans to take 1,000 more in Noida and other cities. This collaboration supports Green SM's launch and growth across India, aiming to promote sustainable urban mobility.

Continue reading at Economic Times

2h

INDIA MARKET | Fri, 12 Jun 2026, 8:31PM IST The captains for the Women's T20 World Cup 2026 are having a carnival on the Waterloo Bridge .

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2h

INDIA MARKET | Fri, 12 Jun 2026, 8:28PM IST Tata Trust holds a majority 66 per cent stake in Tata Sons through various entities.

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2h

INDIA NEWS | Fri, 12 Jun 2026, 8:28PM IST Mumbai: The RBI's recent measures to incentivise overseas borrowings could lower funding costs for banks by 2-2.50 per cent through the external commercial borrowing (ECB) route, helping lenders raise resources at cheaper rates while improving liquidity conditions, according to a report.It also said that the RBI's concessional USD/INR swap facility for ECBs and overseas foreign currency borrowings (OFCBs) will significantly reduce hedging costs for banks, allowing them to mobilise overseas funds while keeping funding costs under control."The borrowing cost for banks via the ECB route is expected to fall by 2-2.50 per cent, which will enable the system to raise resources while keeping funding costs under control," said brokerage firm Motilal Oswal Financial Services in its report.The brokerage firm said the central bank's twin measures on ECBs and Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits are likely to strengthen forex reserves, improve systemic liquidity and provide temporary relief to banks facing deposit mobilisation pressures.The report highlighted attractive economics for both depositors and lenders under the FCNR(B) framework, estimating that customers can earn returns of 15-26 per cent on leveraged deposits, while banks may generate around 0.65 per cent of additional spreads by deploying such funds, making it a 'win-win proposition'.It said banks have already raised FCNR (B) deposit rates in the 3-5 year bucket to 6-7 per cent to attract inflows after the RBI opened a special swap window till September-end.

Continue reading at Economic Times

2h

INDIA MARKET | Fri, 12 Jun 2026, 8:25PM IST Wall Street trends as of 10:55 a.m. EST indicate an opening price between $165-$175, up from the issue price of $135.

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