Tuesday, June 23, 2026

Business

El Nino woes: Why weak monsoon may turn out to be a bigger worry for India than US-Iran war

The progress of the southwest monsoon in June 2026 has been a cause for significant concern. (AI image) The Indian economy has till now emerged from the...

Rupee falls 6 paise to 94.69 against US dollar in early trade amid Fed rate worries

The rupee fell 6 paise to 94.69 against the US dollar in early trade on Tuesday as...

‘Foundation for a final deal’: US hits pause on Iranian oil sanctions after nuclear push

US suspends Iranian oil sanctions after nuclear deal push The United States on Monday temporarily suspended...

Cred founder Kunal Shah to be WhatsApp’s global head, Meta says he brings ‘builder mentality’

Social media giant Meta Platforms Inc. has named fintech entrepreneur Kunal Shah as the new global head...

From IPO boom to bond debut: Elon Musk’s SpaceX seeks funds for AI and starship

After raising $75 billion in IPO, Elon Musk's SpaceX enters bond market Elon Musk's SpaceX has...
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7 crucial deals inked by PM Modi in UAE

NEW DELHI: India and the United Arab Emirates (UAE) on Friday signed seven key agreements during Prime Minister Narendra Modi’s brief...

Wall Street falls as AI stocks tumble, oil-driven inflation fears rattle markets

Wall Street retreated sharply on Friday as a sell-off in artificial intelligence-linked technology stocks and rising concerns over inflation triggered by...

Petrol, diesel prices up by Rs 3, CNG by Rs 2, further hike likely; no change in piped gas yet

NEW DELHI: Amid mounting losses, public sector oil firms announced the much-anticipated increase in petrol and diesel prices, raising it by...

Profit more than doubles to Rs 2,965 crore; India operations drive growth despite global headwinds

Tata Steel on Friday reported a more than two-fold jump in consolidated net profit to Rs 2,965 crore for the...

Govt clears Emirates NBD Bank’s proposal to acquire up to 74% stake in RBL Bank

The finance ministry has approved Dubai-based Emirates NBD Bank’s proposal to acquire up to 74 per cent stake in private sector...

Rapido valued at $3 billion with fresh $240 million funding

MUMBAI: Rapido, which rivals Uber and Ola in India’s ride-hailing market, has raised a fresh $240 million in funding led by...
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