PM Narendra Modi transferred Rs 2,400 crore to beneficiaries under the Prime Minister Viksit Bharat Rozgar Yojana (PM-VBRY), aiming to create 15 lakh employment opportunities. He highlighted the role of trade agreements in opening new markets and emphasized quality in products and services for international competitiveness.
Union Finance Minister Nirmala Sitharaman stated that externally aided projects in India's Northeast should focus on market access for local products and economic opportunities. She highlighted a seven-fold increase in assistance and significant road construction, emphasizing the region's potential beyond funding.
The Reserve Bank of Australia's interest rate decision is due today at 2:30pm AEST, with no change expected. Global markets rallied overnight, buoyed by a US-Iran ceasefire agreement, with the Dow Jones, Nasdaq, and S&P 500 closing higher. SpaceX shares surged following a significant investment by Gina Rinehart's Hancock Prospecting.
The Reserve Bank of Australia's board will announce its June interest rate decision at 2:30pm AEST, followed by a press conference with Governor Michele Bullock. Global markets, including Wall Street, saw gains buoyed by a US-Iran ceasefire agreement and a rally in SpaceX shares, partly due to an investment by Gina Rinehart's Hancock Prospecting. Despite overseas optimism, ASX futures suggest a potential dip at the local open.
L'introduction en bourse de SpaceX, la plus importante jamais réalisée, a mis en lumière la domination américaine en IA, mais a aussi secoué les marchés mondiaux. Au Japon, Kioxia a détrôné Toyota comme première capitalisation, et le fabricant de puces mémoire a vu sa valeur s'envoler après un accord de paix Iran-États-Unis.
An agreement between the US and Iran to end the Middle East war has led to euphoria in global financial markets. The Strait of Hormuz reopens, oil prices drop, and the Spanish Ibex 35 index reaches an all-time high, with tourism, airlines, and banks showing significant gains.
A framework agreement between the US and Iran to end the Middle East war has triggered global market euphoria. Spain's Ibex 35 index reached an all-time high, and the Strait of Hormuz reopened, causing oil prices to drop and boosting sectors like tourism and banking.
Global markets surged Monday following a framework agreement between the US and Iran to end their conflict, leading to a fall in oil prices and the US dollar. The reopening of the Strait of Hormuz was announced, boosting investor confidence in riskier assets.
Global markets navigated rising Middle East tensions, with a brief peace expectation boosted by Trump's announcement, but inflation and central bank policies remained key drivers. SpaceX's IPO success and AI valuation concerns also shaped market sentiment.
Chinese biotech companies are pursuing global commercialization despite US regulatory barriers, leveraging cost advantages in markets like Europe. Insilico Medicine's Ren Feng highlighted the need for internationalization and the challenge of lacking overseas clinical teams, suggesting business development deals as a solution.
India has exported its first GI-tagged Tezpur litchi from Assam to Dubai, a 1-metric-tonne consignment facilitated by APEDA. This marks a milestone in promoting premium agricultural products from Northeast India internationally, with farmers receiving higher prices.
SpaceX's upcoming IPO, anticipated to raise a record US$75 billion, is set to reshape global capital markets, influencing Chinese investors and the Hong Kong market.
US Special Envoy Sergio Gor met with officials from Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, and Turkmenistan in the first in-person critical minerals dialogue under the C5+1 format. The meeting aims to deepen cooperation on raw material sourcing and investment, with Kazakhstan highlighting its mineral wealth and seeking US partnerships.
BCA Research's statistical model predicts France will win the 2026 FIFA World Cup, defeating Portugal in the final. The model, which has a track record from previous tournaments, also forecasts England and Spain exiting in the semi-finals.
Global markets saw mixed recovery and falls on Monday, with US tech-heavy Nasdaq up 0.9% and S&P 500 up 0.3%, contrasting with sharp declines in Asian markets like South Korea's Kospi (down 8.3%) and Japan's Nikkei (down 3.9%), amid tech sell-off fears over AI valuation and rising oil prices due to Iran-Israel tensions.
Bitcoin fell to ~$63,316 after a brief rally, as renewed Israel-Iran conflict triggered a risk-off market, surging energy prices and dragging equity markets down, highlighting crypto's vulnerability to geopolitical and macroeconomic pressures.
Russian Deputy Prime Minister Alexander Novak stated at the St. Petersburg International Economic Forum that OPEC+ is crucial for mitigating dramatic changes in global energy markets due to increased uncertainties.
Russian Deputy Prime Minister Alexander Novak stated that approximately 12 million barrels of oil are not entering the global market daily, citing a "large deficit."
Russian Deputy PM Alexander Novak stated that the global market has not yet fully experienced the energy crisis stemming from the Middle East conflict, attributing this to existing fuel reserves and previous oversupply. He made these remarks on the sidelines of the St. Petersburg International Economic Forum (SPIEF-2026).
The ASX is expected to open lower due to global market declines, influenced by Middle East tensions and rising oil prices. Key events include RBA governor Michele Bullock's appearance before Senate estimates and the release of fresh trade data.
Europe saw a 7% drop in new foreign investment projects in 2025, reaching an 11-year low. France led with 852 projects despite a 17% decrease, followed by the UK and Germany. The US remains the top investing nation in Europe.
BIST 100 index rose 496.24 points to 14,200.20, with total trading volume at 204.7 billion lira. Banking and holding indices gained, with metal goods machinery leading sector gains. Global markets were positive due to AI optimism offsetting Middle East tensions.
India's stock market has fallen from 5th to 7th largest globally, driven by a record exodus of foreign capital and a lack of participation in the AI-led rally benefiting markets like Taiwan and South Korea. Concerns over valuations, capital gains tax, and geopolitical conflicts have impacted Indian equities.
India's stock market has dropped from fifth to seventh largest globally, overtaken by Taiwan and South Korea. This decline is attributed to a record exodus of foreign capital and India missing out on the AI-driven rally benefiting tech stocks in other nations.
