Global markets surged as the US and Iran announced a framework agreement to end their conflict, leading to hopes of lower energy prices and easing inflation. The Strait of Hormuz reopened, causing oil prices to tumble and boosting investor appetite for riskier assets. Asian equities rallied significantly, while the US dollar weakened against major currencies.
Stock market recommendations: Privi Speciality Chemicals, and Cummins India have been selected as the top stocks to buy for the week starting June 15, 2026 by Motilal Oswal Wealth Management Research Desk:
“Every AI breakthrough has a physical backbone — power grids need an upgrade, cooling systems must be built, and factories increasingly need to be automated. Behind every intelligent machine, highly specialised human expertise is required,” Viswanath P S, MD & CEO, Randstad India, said. Terming it as a pronounced “labour flip”, he said skilled, technical
“The committee shall, inter alia, examine the concepts, definitions, classifications, sampling and measurement frameworks adopted in labour statistics, particularly in the context of the Periodic Labour Force Survey (PLFS),” the terms of reference of the newly formed committee read. It will also review the classification frameworks presently adopted in labour statistics, including industry, occupation, status
According to the CEA, some companies are presenting AI as a tool that could sharply reduce labour costs and boost profits, creating anxiety among workers and new graduates. “They want to tell the capital owners, you will be rewarded in the process. They have induced a fear in the minds of labour,” he said. Nageswaran
Now Dow Jones, Nasdaq Composite and S&, all are in record territories. SpaceX is already listed with a market cap of about $2 trillion and OpenAI and Anthropic are looking for valuations in the range of $1 trillion to $2 trillion each. “My best guess is that when (all) these companies successfully complete their IPOs,
At a time when two US AI startups Anthropic and OpenAI are heading towards public listings estimated to be worth several billion dollars, India is barely scratching the surface. For the first time since at least 2000, local companies are understood to be out of the top 10 constituents of the MSCI Emerging Markets (EM)
