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Crude Oil Prices On June 18: Brent Continues Retreat To $78 After Trump Signs US-Iran Deal
Markets are now shifting their focus from geopolitical risks to the pace at which oil exports and shipping activity can recover across the Persian Gulf.
Reliance Jio plans 1,650-satellite LEO network for broadband services
Reliance Jio is planning to build its own low Earth orbit (LEO) satellite constellation of around 1,600-1,650 satellites at an altitude of about 650 km within the next two to three years to provide broadband and direct-to-device connectivity services.
RIL manifesto: Mukesh Ambani asks top executives to make Reliance world's first AI-native large conglomerate
With Reliance's AGM scheduled for Friday, Mukesh Ambani is focusing on AI incorporation throughout its operations, making it an AI-native company. The initiative includes strategic hiring for AI-savvy leadership, investments in data centres, and collaborations with major tech firms like Meta.
India's largest-ever IPOs ahead of NSE, Reliance Jio offering - Reuters
India's largest-ever IPOs ahead of NSE, Reliance Jio offeringReuters
Vedanta Oil and Gas Ltd Stock Price Today | NSE: VEDL Live - Investing.com
Vedanta Oil and Gas Ltd Stock Price Today | NSE: VEDL LiveInvesting.com
Reliance Jio Denies Pavel Durov's BGP Hijacking Charge, Rejects Telegram Disruption Claim
Jio denied Telegram founder Pavel Durov's allegation that it was involved in a BGP hijacking incident affecting access to the platform outside India.
Oil below $80 may cap fuel price hikes, boost India outlook
Falling crude oil prices below $80 a barrel are set to prevent further fuel price increases. This development is boosting India's economic outlook, with economists predicting improved inflation and growth. Lower oil costs will also help narrow the current account deficit. While wholesale inflation may react quickly, retail inflation depends on oil marketing companies' decisions.
Trump Tells NDTV: US Reviewing Russian Oil Import Sanctions As Crude Prices Slide
PM Modi met Donald Trump at the sidelines of G7 meeting in France.
Realtors eye margin relief as US-Iran peace deal raises hopes of lower fuel costs
A potential peace deal between the US and Iran offers hope for India's real estate and construction sectors. Developers are watching oil prices closely. A ceasefire could lower crude oil costs, easing supply chain worries. This may gradually reduce construction expenses and improve project margins. Stability in the Gulf region could also boost housing demand from non-resident Indians.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian equities advanced for a fourth straight session as easing geopolitical tensions, lower crude oil prices, softer bond yields and a stronger rupee boosted sentiment. Gains in IT, metals and PSU banks lifted benchmarks, while India VIX remained subdued amid improving market confidence.
Rupee gives up gains due to corporate, importer demand for dollar
The rupee surrendered most of its intraday gains as importer demand for dollars and likely RBI purchases offset support from softer crude oil prices
UAE Moves To Cut Dependency On Strait Of Hormuz To 'Zero'
Reducing the UAE's reliance on the strait will be far from easy.