Oil costs slid to a two-month low after US President Donald Trump mentioned a peace cope with Iran might be signed as early as this weekend, easing issues over disruptions to world vitality provides.
Again dwelling, Air India mentioned compensation funds have reached the overwhelming majority of families affected by the AI171 crash, one year after the tragedy.
In the meantime, the federal government capped bulk diesel purchases, stepped up maritime vigilance within the Gulf, and raised worth caps on key most cancers medicines.
Oil falls to two-month low as Trump says Iran deal might be signed this weekend
Oil costs prolonged their decline on Friday, June 12, after US President Donald Trump mentioned a peace settlement with Iran might be signed as quickly as this weekend, elevating hopes for an eventual easing of disruptions to world vitality provides.
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AI171 Crash: Interim reduction reaches 96% of families; 91% obtain ₹1 crore ex-gratia
Precisely a year for the reason that tragic Air India crash, families of 96% of those that died within the AI171 crash have acquired compensation of ₹25 lakh every to date whereas 91% of eligible families have additionally acquired the ₹1 crore ex-gratia help introduced by the Tata Group, the airline instructed CNBC-TV18.
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Govt caps retail diesel gross sales at 200 litres per car per day to curb diversion, hoarding
The Centre has imposed a momentary cap on retail gross sales of Excessive-Velocity Diesel (HSD), limiting gasoline stations from shelling out greater than 200 litres per day to a single car or buyer, as it seeks to forestall bulk purchases, diversion and potential provide disruptions amid ongoing geopolitical uncertainties.
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India steps up Gulf maritime vigilance after US strike kills 3 sailors off Oman
The central authorities has stepped up monitoring and response measures to safeguard Indian seafarers after three sailors have been killed by a US strike in Oman.
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India to stay quickest-rising main financial system at 6.6% in FY27, down from 7.2% final year: World Financial institution
India will stay the world’s quickest-rising main financial system, increasing at 6.6% in fiscal year 2026-27, a sharp moderation from 7.7% within the earlier year, the World Financial institution mentioned on Thursday (June 11).
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MTAR Tech rebounds 10% on Bloom Power venture readability; Here is what the administration mentioned
Shares of MTAR Applied sciences Ltd. rebounded greater than 10% on Friday, June 12, recovering most of the earlier session’s losses after recent updates indicated that a main information centre venture linked to Bloom Power stays on observe.
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COMEX gold rebounds 2%, silver surges over 4% amid inflation and geopolitical issues
Gold and silver costs superior on Friday (June 12), with silver outperforming the broader valuable metals advanced, as traders weighed persistent inflationary pressures, expectations of upper US rates of interest and ongoing geopolitical uncertainty.
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Rupee rises 39 paise in opposition to US greenback as crude oil costs ease
The Indian rupee opened 39 paise stronger in opposition to the US greenback on Friday (June 12), supported by a decline in world crude oil costs amid renewed optimism over a doable settlement between the USA and Iran.
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India waives responsibility on specified nuclear energy items imported Apr 2019-Jan 2026
India’s finance ministry waived customs duties on all items imported for nuclear energy technology, protecting imports made between April 1, 2019 and January 31, 2026, in response to a authorities order dated June 11.
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India raises worth caps on key most cancers medication by 50%
The federal government has accepted a one-time 50% enhance within the ceiling costs of two key most cancers medicines—Carboplatin and Cisplatin—in a transfer geared toward making certain their continued availability amid rising enter prices and provide disruptions.
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India’s development combine could have modified tangibly
The mixed earnings of Nifty 500 corporations now account for five.2% of the nation’s nationwide revenue, the most important proportion ever, in response to evaluation from Motilal Oswal, a Mumbai-based mostly monetary providers agency.
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