Business

Analysis-SpaceX playbook set to fuel China's IPO ambitions but tech gap persists

Analysis-SpaceX playbook set to fuel China's IPO ambitions but tech gap persists

By Eduardo Baptista and Samuel Shen BEIJING/SHANGHAI, June 12 (Reuters) - SpaceX's record $75 billion IPO is poised to supercharge…

June 12, 2026

Fed faces crucial test as US inflation accelerates and bond yields rise: Jefferies

New Delhi [India], June 12 (ANI): Rising inflationary pressures in the United States and concerns over bond yields could pose…

June 12, 2026

Ford to recall more than 255,400 US vehicles over engine issue

June 12 (Reuters) - Ford is recalling 255,404 vehicles in the U.S. over an issue with the canister purge valve,…

June 12, 2026

Avataar.ai launches indigenous video model Varya to drive cost-efficient AI accessibility across India

New Delhi [India], June 12 (ANI): Avataar.ai launched Varya on Friday, an indigenous, distilled video model designed to make frontier…

June 12, 2026

Oil Prices Extend Decline After Trump Calls Off Planned Strikes on Iran

Oil prices continued to fall after U.S. President Donald Trump canceled planned military strikes on Iran, easing market concerns over…

June 12, 2026

Bengaluru Hospital Creates One of the World’s Largest English-Language Gastroenterology Education Channels on YouTube

A leading hospital in Bengaluru has built one of the world's largest English-language YouTube channels dedicated to gastroenterology education. The…

June 12, 2026

SpaceX IPO Catapults Elon Musk to Historic Trillionaire Status

A blockbuster initial public offering (IPO) of SpaceX has reportedly pushed the net worth of Elon Musk beyond the $1…

June 12, 2026

RBI’s FCNR(B) Relaxation Triggers Deposit Rate War as Smaller Banks Offer Over 7% on Dollar Deposits

The Reserve Bank of India's recent easing of norms for Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits has sparked intense competition…

June 12, 2026

Dollar steadies as traders question prospects for near-term ceasefire

By Gregor Stuart Hunter HONG KONG, June 12 (Reuters) - The dollar found its footing in Asian trade on Friday,…

June 12, 2026

Unimech Aerospace Bounces Back as Order Book Triples to ₹314 Crore, Strengthening Scale Advantage

After navigating a challenging year marked by global tariff pressures and supply-chain uncertainties, Unimech Aerospace has staged a strong recovery…

June 12, 2026