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GLOBAL NEWS | Tue, 23 Jun 2026, 9:58PM IST On Tuesday, SpaceX briefly fell below $150 a share, which is where the stock first began trading when the company listed publicly just over a week ago.

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GLOBAL NEWS | Tue, 23 Jun 2026, 9:48PM IST The company said it had shuttered a Maryland location because of declining conditions in a surrounding mall. The union accuses Apple of retaliation.

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GLOBAL NEWS | Tue, 23 Jun 2026, 9:41PM IST On Tuesday, SpaceX briefly fell below $150 a share, which is where the stock first began trading when the company listed publicly just over a week ago.

Continue reading at The New York Times

38m

GLOBAL NEWS | Tue, 23 Jun 2026, 9:37PM IST Sean M. OBrien, re-elected to a second term leading the union, has used a relationship with President Trump to end court-ordered corruption monitoring.

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GLOBAL NEWS | Tue, 23 Jun 2026, 9:26PM IST On Tuesday, SpaceX briefly fell below $150 a share, which is where the stock first began trading when the company listed publicly just over a week ago.

Continue reading at The New York Times

53m

INDIA BUSINESS | Tue, 23 Jun 2026, 9:15PM IST India aims to double its textile and apparel exports to $100 billion by 2030, with a nationwide exercise and summit focusing on strategies for key hubs. Discussions centered on technical textiles, man-made fibers, and improving logistics. The initiative emphasizes district-led growth and value addition to bolster the nation's global textile trade presence.

Continue reading at Economic Times

1h

INDIA BUSINESS | Tue, 23 Jun 2026, 9:06PM IST Foreign currency deposits are poised for a boost as the RBI removes interest rate caps on certain non-resident accounts until September. This move aims to attract overseas funds, potentially increasing their contribution to bank deposits. While household savings remain key, this diversification offers supplementary support to overall deposit growth, especially as credit expansion outpaces traditional deposit mobilization. This could ease liquidity challenges for banks.

Continue reading at Economic Times

1h

INDIA MARKET | Tue, 23 Jun 2026, 8:52PM IST Axis Bank successfully raised $800 million through a dual tranche dollar bond, tapping into the Reserve Bank of India's concessional swap facility. The bank secured $500 million via an Additional Tier 1 perpetual issue and $300 million from a five-year senior bond. Both issuances attracted significant investor interest, closing within initial price guidance and highlighting the bank's strong position in international markets.

Continue reading at Economic Times

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GLOBAL NEWS | Tue, 23 Jun 2026, 8:50PM IST Sean M. OBrien, re-elected to a second term leading the union, has used a relationship with President Trump to end court-ordered corruption monitoring.

Continue reading at The New York Times

1h

INDIA MARKET | Tue, 23 Jun 2026, 8:49PM IST Twin Star Holdings, a promoter entity of Vedanta, sold 6.51 crore shares worth nearly Rs 1,896 crore through a block deal on Tuesday. The transaction comes amid Vedanta's ongoing restructuring efforts following the listing of its demerged businesses and continued focus on debt reduction and value unlocking.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 23 Jun 2026, 8:45PM IST India has successfully auctioned 10 critical and strategic mineral blocks, bringing the total to 56. This significant expansion includes first-time auctions in Gujarat, Uttarakhand, and Telangana for minerals like graphite and rare earth elements. The move aims to bolster domestic supply chains and advance the nation's critical mineral mission, alongside a second round of exploration license auctions.

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1h

INDIA NEWS | Tue, 23 Jun 2026, 8:37PM IST Shipping minister says the Galathea Bay transhipment terminal project will proceed as planned, despite opposition over environmental and tribal concerns

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INDIA NEWS | Tue, 23 Jun 2026, 8:33PM IST India has initiated an anti-dumping probe against imports of electrical steel, used in transformers, from China, Japan, Korea and Russia, a commerce ministry notification said. The investigation followed a complaint in this regard by JSW JFE Electrical steel Nashik Pvt Ltd to the Directorate General of Trade Remedies (DGTR). The applicant has alleged that the cheap imports of 'Cold Rolled Grain Oriented Electrical Steel and Amorphous Metal' is significantly harming the domestic industry. "On the basis of the duly substantiated written application submitted by the applicant and having reached satisfaction based on the prima facie evidence submitted by the applicant concerning dumping of the product...the authority hereby initiates an anti-dumping investigation," the DGTR's notification said. In the probe, the directorate would determine the existence, degree and effect of the alleged dumping of the chemical exported from China and Japan. If it is established that the dumping has ca

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GLOBAL NEWS | Tue, 23 Jun 2026, 8:31PM IST With CBS News rocked by controversy, some viewers have turned to the network ombudsman for a public response. So far, they havent gotten one.

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1h

GLOBAL NEWS | Tue, 23 Jun 2026, 8:30PM IST With the central route of the Strait of Hormuz laden with mines, ships are taking the northern route in Iranian waters or the southern path in Omani waters. Both have risks.

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1h

INDIA MARKET | Tue, 23 Jun 2026, 8:29PM IST US chip stocks experienced a significant tumble, impacting the broader market and wiping out billions in value. While tech giants like Nvidia and Tesla saw declines, bargain hunters emerged, offering some support. This selloff, attributed to concentrated trading and shifting sentiment rather than AI fundamentals, highlights the volatility in the tech sector, especially for newly public companies like SpaceX.

Continue reading at Economic Times

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INDIA MARKET | Tue, 23 Jun 2026, 8:27PM IST Wall Street witnessed a significant downturn in semiconductor stocks Tuesday, impacting major AI beneficiaries. Memory chipmakers like SanDisk and Micron saw substantial drops as investors re-evaluated high valuations amid escalating AI spending. This correction, also affecting broader tech, signals growing caution about the speed of returns from massive AI investments, prompting some to secure profits.

Continue reading at Economic Times

1h

INDIA BUSINESS | Tue, 23 Jun 2026, 8:27PM IST e2E Rail subsidiary plans to strengthen indigenous capabilities in railway signalling, train protection and OT cybersecurity as rail networks become more digital

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INDIA BUSINESS | Tue, 23 Jun 2026, 8:24PM IST Shipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far below pre-war levels. Indian refiners, however, are demonstrating remarkable resilience, successfully diversifying their crude oil sources to include Russian, Brazilian, West African, and US grades amidst ongoing global energy supply disruptions. Market watchers remain vigilant as geopolitical tensions continue to influence oil trade.

Continue reading at Economic Times

1h

INDIA BUSINESS | Tue, 23 Jun 2026, 8:19PM IST The power ministry has directed Tata Power's 4,150 MW Mundra plant to operate at full capacity until September 30, 2026. This extension aims to prevent electricity shortages during the anticipated peak summer demand of 270 GW. The plant, which resumed operations in April after a nine-month hiatus, supplies power to Gujarat, Maharashtra, Punjab, Haryana, and Rajasthan.

Continue reading at Economic Times

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INDIA MARKET | Tue, 23 Jun 2026, 8:19PM IST Separately, Morgan Stanley expects the company's data centre joint venture to post an Ebitda CAGR of around 160% as digital infrastructure demand accelerates.

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INDIA MARKET | Tue, 23 Jun 2026, 8:17PM IST Canada has long been a preferred location for middle-class Indian families.

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2h

INDIA BUSINESS | Tue, 23 Jun 2026, 8:11PM IST Japan's Honda Motor Co. has received a green light from the Competition Commission of India (CCI) to acquire an additional 21% stake in automotive components maker Astemo from Hitachi. This move will transform Astemo into a consolidated subsidiary of Honda. The deal, announced last December, will see Honda's ownership increase significantly, solidifying its control over the key auto parts manufacturer.

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2h

INDIA MARKET | Tue, 23 Jun 2026, 8:10PM IST Meta unveiled AI glasses in 26 styles, including a Kylie Jenner collaboration model.

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GLOBAL NEWS | Tue, 23 Jun 2026, 8:09PM IST Chinese firms have some of the worlds most advanced technology. But U.S. officials say relying on it could come with a downside.

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2h

GLOBAL NEWS | Tue, 23 Jun 2026, 8:08PM IST A reopening of the Strait of Hormuz would do little to swiftly ease the pain inflicted by higher prices for fertilizer, food and fuel in Ivory Coast.

Continue reading at The New York Times

2h

INDIA BUSINESS | Tue, 23 Jun 2026, 8:07PM IST Advance tax payments and higher currency leakage pushed banking system liquidity into deficit, prompting the RBI to inject Rs 1.41 trillion through a VRR auction

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INDIA MARKET | Tue, 23 Jun 2026, 8:06PM IST The government will launch an OFS in IRFC on Wednesday, offering up to a 2% stake through a base issue and greenshoe option. The share sale is part of the Centre's disinvestment strategy and aims to improve public shareholding, liquidity and compliance with Sebi's minimum public shareholding norms.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 23 Jun 2026, 8:04PM IST A report by credit bureau Experian shows that gold loans have become a major driver of Indias retail credit growth, with their share in the retail loan portfolio rising from 18% in FY23 to 41% in FY26. The shift comes alongside a sharp rise in global gold prices, which have increased about 130% over the past five years.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 23 Jun 2026, 8:04PM IST The automaker said it initiated precautionary measures and response protocols after a ransomware attack affected its systems and those of subsidiary Bajaj Auto Technology

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INDIA BUSINESS | Tue, 23 Jun 2026, 8:03PM IST Honasa Consumer, parent of Mamaearth, is acquiring a 58% stake in nutraceuticals firm Fluence Pharma for Rs 135 crore, marking its entry into the health and wellness supplements market. This strategic move aims to leverage Fluence's patented technology and dermatologist network to expand Honasa's 'inside-out' beauty solutions. The acquisition is expected to significantly boost Honasa's growth by diversifying its product portfolio into the rapidly expanding Indian nutraceuticals sector.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 23 Jun 2026, 8:02PM IST Furniture brand plans to grow revenue by 25 per cent in FY27 through retail expansion, deeper market penetration, online sales growth and new product categories

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