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Oil Declines as Strait of Hormuz Begins to Normalise - Investing.com India
Oil Declines as Strait of Hormuz Begins to NormaliseInvesting.com India
Japan stocks end mixed as inflation remains stable and global tech rally supports sentiment
Despite the mixed session, both indexes posted strong weekly gains, with the Nikkei rising about 8% and the Topix advancing around 4%. Market sentiment improved after the US-Iran peace agreement helped push oil prices lower, easing concerns about inflation. Japanese equities also benefited from a global rally in semiconductor and artificial intelligence-related stocks, which helped offset pressure from the US Federal Reserves hawkish stance. Sector-wise, technology stocks were mostly higher, while financial, industrial, and consumer shares generally underperformed.
Reliance seeks to build India's sovereign AI backbone; unveils Jio call agent and AI home platform
Reliance Industries is building India's sovereign AI backbone. The company is partnering with Google and Meta. New AI-powered applications are launching for Indian users and businesses. An AI agent will join phone calls to assist users. Reliance aims to make AI affordable for every Indian. This initiative leverages Jio's vast digital network.
Reliance Jio eyes India's own satellite broadband network
Reliance Jio is exploring a plan to build its own satellite network for India. This initiative aims to bring internet access to remote areas. The company is also partnering with global satellite providers. This dual approach will speed up service delivery. Jio is establishing ground stations to support this ambitious project.
Reliance Jio Telecom Business: Ambanis bet on 5G, AI and broadband in five-point blueprint for Jio's next chapter
Reliance Jio remains India's telecom leader with aggressive 5G expansion, growing subscriber numbers, and new digital services featured prominently at the AGM. Reliance Jio announced five strategic growth commitments, including expanding 5G adoption and broadband access, as its subscriber base surpassed 524 million. The company is also venturing into satellite communications with a proposed LEO constellation and is preparing for a potential $4 billion IPO, solidifying its position as India's largest telecom operator.
Reliance AGM 2026: Jio IPO roadmap, AI vision and other key announcements from RIL's 49th AGM
Reliance AGM 2026 highlights: Mukesh Ambani-led oil-to-telecom conglomerate, Reliance Industries (RIL), held its 49th Annual General Meeting (AGM) on 19 June.
U.S.-Iran talks cancelled; oil on pace for weekly decline - what’s moving markets - Investing.com India
U.S.-Iran talks cancelled; oil on pace for weekly decline - what’s moving marketsInvesting.com India
Brent Crude Selloff Looks Ahead of the Physical Oil Market - Investing.com India
Brent Crude Selloff Looks Ahead of the Physical Oil MarketInvesting.com India
Oil Bulls Are Betting on Bangalore, Not Berlin, in OPEC’s Forecast - Investing.com India
Oil Bulls Are Betting on Bangalore, Not Berlin, in OPEC’s ForecastInvesting.com India
At the gates of Hormuz, 80 million barrels of oil are on standby
Large volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes following an interim US-Iran agreement aimed at restoring transit in the waterway.
BFSI and oil & gas bear the brunt as foreign investors pull funds from India
Global fund managers are dumping Indian banking and oil stocks to chase AI and semiconductor opportunities in the US and East Asia. While India boasts strong loan growth, geopolitical oil volatility and compressed margins have driven foreign investors to look for better returns elsewhere.
Vedanta Aluminium, other demerged stocks surge up to 5%. Which has been the best performer since market debut?
Vedanta’s newly listed demerged entities outperformed the broader market on Friday, with shares of Vedanta Aluminium Metal, Vedanta Iron and Steel, Vedanta Power and Vedanta Oil and Gas rising up to 5%. The rally comes days after their market debut following Vedanta’s mega demerger.