Business

On Tuesday, oil prices enjoyed a modest rise as they bounced back from a previous decline. Investors are tentatively hopeful about the ongoing US-Iran peace discussions, yet they remain cautious about the reopening of the Strait of Hormuz for crude exports. Despite early indicators showing improved maritime movements and declining US strategic oil reserves, skepticism

SpaceX is tapping the bond market for the first time, seeking funds for its ambitious AI and next-gen space tech projects, even as it boasts over $100 billion in cash. This move allows capital raising without diluting shareholder control. The announcement comes amid a significant drop in SpaceX shares post-IPO, which nonetheless propelled Elon Musk

Stock market recommendations: Delhivery, Lodha Developers, REC Ltd, and Indian Energy Exchange – these are the top stocks to buy recommended by Somil Mehta, Head of Retail Research at Mirae Asset Sharekhan for June 23, 2026:

The Indian rupee weakened by 30 paise to 94.63 against the US dollar on Monday, pressured by a strong dollar and Middle East tensions. Despite supportive inflows and falling crude oil prices, importer demand and foreign institutional investors turning net sellers weighed on the currency. While equity markets saw gains, core sector growth slowed, and

Central government employees are hopeful for revised salaries and pensions sooner than expected, with the 8th Pay Commission potentially submitting its report months ahead of its May 2027 deadline. Employee organizations anticipate recommendations before the Union Budget 2027, leading to possible implementation from April next year. This optimism stems from the commission’s accelerated pace and