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Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 16, 2026. | Photo Credit: Reuters Oil prices are sinking again on Tuesday (June 16, 2026) and pulled back below $80 per barrel for the first time since early March, while the U.S. stock market drifts near its all-time high. The S&P 500…
Read More “Oil prices fall below $80 per barrel, while U.S. stocks drift” »
Uttar Pradesh, Gujarat, Jharkhand, Manipur, and nine other States recorded surplus revenues in 2024-25, while the remaining 15 States had a deficit. Eighteen States targeted revenue surplus, three States targeted revenue deficit, and seven targeted zero revenue deficit in FY 2024-25, according to a report on ‘State Finances 2024-25’ released by Comptroller and Auditor General…
Read More “UP, Gujarat, Jharkhand, 10 other States record revenue surplus in FY25: CAG report” »
Sanjiv Ranjan, IORA’s Secretary General. Photo credit: Special Arrangement. Canada’s application to become an observer in the Indian Ocean Rim Association (IORA) will be “examined” at the 28th meeting of the Committee of Senior Officials being held in New Delhi, Sanjiv Ranjan, IORA’s Secretary-General, told The Hindu on Monday (June 16, 2026). “Canada has made…
Read More “Indian Ocean Rim Association ‘examines’ Canada’s application to become observer” »
VMRDA Commissioner N. Tej Bharath visits the handcrafted ceramic stall by Arra Pottery at the Women Entrepreneurs Expo in Visakhapatnam on Tuesday | Photo Credit: K.R. DEEPAK Women entrepreneurs showcased their products, shared their business journeys and deliberated on market access, finance and digital opportunities at a conference held in Visakhapatnam on Tuesday. The event,…
Read More “Women entrepreneurs showcase ideas, products at meet” »
File photo for representational purposes only. File | Photo Credit: Reuters The rupee appreciated for the third straight session on Tuesday (June 16, 2026) to close 5 paise higher at 94.53 (provisional) against the U.S. dollar, supported by easing West Asia tensions and extended fall in crude oil prices. Forex traders said that with the…
Read More “Rupee rises 5 paise to close at 94.53 against U.S. dollar” »
File photo for representational purposes only. | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty rose for the third consecutive day on Tuesday (June 16, 2026), propelled by a positive trend in global markets and softening crude oil prices following a peace deal between the U.S. and Iran. The 30-share BSE Sensex jumped 544.15…
Read More “Stock markets extend winning run to third day on U.S.-Iran deal; Sensex up 544 points” »
Operations are set to commence from June 23, further strengthening Star Air’s commitment to connecting underserved regions of India with major economic and cultural centre. File | Photo Credit: The Hindu Star Air on Tuesday (June 16, 2026) announced the launch of scheduled commercial services to Mundra in Gujarat, marking the airline’s 32nd destination on…
Read More “Star Air launches direct flights to Mundra, operations to commence from June 23” »
Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto Indian miner IREL is in talks with Rosneft to source rare earth samples from Tomtor, the Siberian deposit acquired by the Russian oil producer last year, as New Delhi seeks to secure supplies of critical minerals dominated by China, a source said. The talks…
Read More “India seeks rare earth samples from Rosneft-owned Siberian deposit, source says” »
Tata Consultancy Services logo with illustration. | Photo Credit: Reuters Tata Consultancy Services (TCS) on Tuesday (June 16, 2026) said it would make provision of additional $70 million in the first quarter of fiscal 2027 after the U.S. Supreme Court declined to review a lower court ruling in a legal dispute with Computer Sciences Corporation,…
In its efforts to secure European approval of its “Full Self-Driving” (FSD) system, Tesla has presented self-published safety statistics to regulators in Sweden and the Netherlands that independent traffic-safety researchers have said amount to misleading marketing. A Reuters examination published last month found that Tesla CEO Elon Musk and other leaders over the past year…
Read More “Tesla presented misleading ‘Full Self-Driving’ safety data to European regulators” »