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SpaceX deal with Cursor turns four MIT classmates into billionaires

SpaceX formally agreed to buy Cursor Tuesday in an all-stock deal that values the company at $60 billion

SpaceX deal with Cursor turns four MIT classmates into billionaires
Updated On : 17 Jun 2026 | 7:50 AM IST

Howard Lutnick's letter to Anthropic warned of curbs on top AI models

The letter ordered Anthropic not to give its Fable 5 and Mythos 5 artificial intelligence models to foreign nationals anywhere in the world without a license from the Commerce Department

Howard Lutnick's letter to Anthropic warned of curbs on top AI models
Updated On : 17 Jun 2026 | 7:41 AM IST

SpaceX overtakes Amazon in value to become 5th largest stock in world

At the stock's intraday high, the market value of Elon Musk's rocket and AI company topped Microsoft Corp. to briefly become the world's fourth-largest stock

SpaceX overtakes Amazon in value to become 5th largest stock in world
Updated On : 17 Jun 2026 | 7:40 AM IST

What is inside the 14-point draft memorandum between the US and Iran

Draft US-Iran pact proposes sanctions relief, nuclear curbs and $300 bn aid

What is inside the 14-point draft memorandum between the US and Iran
Updated On : 17 Jun 2026 | 7:39 AM IST

Trump's push for Iran deal puts friendship with Netanyahu to test

The tension comes as Trump criticises recent Israeli attacks in Lebanon, which threatened to jeopardise negotiations between Washington and Tehran

Trump's push for Iran deal puts friendship with Netanyahu to test
Updated On : 17 Jun 2026 | 7:12 AM IST

Democrat Senators ask Trump not to extend sanction waiver on Russian oil

Senators Jeanne Shaheen and Elizabeth Warren said the waiver from sanctions has only helped Russia finance its 'illegal war' with Ukraine

Democrat Senators ask Trump not to extend sanction waiver on Russian oil
Updated On : 17 Jun 2026 | 6:50 AM IST

Senate fails to advance war powers resolution on US action against Iran

The vote was 47-48, with four Republicans joining most Democrats in supporting the war powers resolution. That fell short of the majority needed to advance it

Senate fails to advance war powers resolution on US action against Iran
Updated On : 17 Jun 2026 | 6:50 AM IST

PM calls for secure maritime routes, days after 3 Indian mariners killed

PM Modi also underlined that India's vision of international partnership is rooted in the timeless philosophy of 'Vasudhaiva Kutumbakam' - the world is one family

PM calls for secure maritime routes, days after 3 Indian mariners killed
Updated On : 17 Jun 2026 | 12:38 AM IST

UNSC reform would be failure if only non-permanent category expanded: India

India's Permanent Representative to the UN Ambassador Harish Parvathaneni made these remarks on Monday while addressing the Inter-Governmental Negotiations (IGN) meeting on Security Council reforms

UNSC reform would be failure if only non-permanent category expanded: India
Updated On : 17 Jun 2026 | 12:07 AM IST

G7 allies scramble to put Ukraine war back on top of Trump's agenda

G7 leaders sought to refocus Trump's attention on Ukraine, backing tougher Russia sanctions and stronger support for Kyiv

G7 allies scramble to put Ukraine war back on top of Trump's agenda
Updated On : 16 Jun 2026 | 11:22 PM IST

'Iran agrees to never have nuclear weapons', says Trump after signing MoU

In a post on Truth Social, Trump reiterated his administration's position that the agreement with Iran would ensure that Tehran does not develop nuclear weapons

'Iran agrees to never have nuclear weapons', says Trump after signing MoU
Updated On : 16 Jun 2026 | 11:11 PM IST

Kevin Warsh faces tenuous balancing act in first Fed meeting as chairman

Kevin Warsh faces a delicate debut as Fed chief, balancing inflation risks, market expectations and Trump's calls for lower rates

Kevin Warsh faces tenuous balancing act in first Fed meeting as chairman
Updated On : 16 Jun 2026 | 11:10 PM IST

Trump to send agreement aimed at ending Iran war to Congress for review

US President Donald Trump on Tuesday said he's open to sending the emerging peace agreement with Iran to the American Congress for review

Trump to send agreement aimed at ending Iran war to Congress for review
Updated On : 16 Jun 2026 | 9:21 PM IST

PM Modi, Trump hold brief interaction after G7 family photo in France

Both leaders also had a firm handshake, with Trump patting PM Modi on his arm, showcasing the bonhomie that the two leaders share

PM Modi, Trump hold brief interaction after G7 family photo in France
Updated On : 16 Jun 2026 | 7:27 PM IST

Qatar plans to rapidly boost LNG production after Strait of Hormuz opens

Qatar plans to restore most of its LNG export capacity within two months of Hormuz reopening, easing pressure on global gas markets

Qatar plans to rapidly boost LNG production after Strait of Hormuz opens
Updated On : 16 Jun 2026 | 6:24 PM IST

Can Modi-Trump meet on at G7 summit help reset strained India-US relations?

Geopolitical tensions in West Asia are driving Gulf-based NRIs towards Indian term insurance plans, attracted by lower premiums and GST exemptions

Can Modi-Trump meet on at G7 summit help reset strained India-US relations?
Updated On : 16 Jun 2026 | 4:34 PM IST

US-Iran deal promises end to war but how it will work still unclear

US President Donald Trump said on Monday a preliminary agreement to end the conflict had been signed by the US and Iran, although details have yet to be made public

US-Iran deal promises end to war but how it will work still unclear
Updated On : 16 Jun 2026 | 4:15 PM IST

End of war includes end of Israel's occupation of Lebanon: Iran foreign min

Araghchi said Israeli attacks on Lebanon 'will be considered by us a violation of the Memorandum of Understanding'

End of war includes end of Israel's occupation of Lebanon: Iran foreign min
Updated On : 16 Jun 2026 | 4:05 PM IST

Higher prices for gas, groceries and flights to outlast Iran war: Experts

Even after oil starts flowing again from West Asia, it could take a while for consumers to see a difference at local fuel pumps, supermarkets and other places they shop

Higher prices for gas, groceries and flights to outlast Iran war: Experts
Updated On : 16 Jun 2026 | 2:46 PM IST

Iran war is 'wake-up call' for Southeast Asia's energy sector, says report

An overreliance on oil and gas transported through the Strait of Hormuz left the region particularly vulnerable to shocks from the Iran war

Iran war is 'wake-up call' for Southeast Asia's energy sector, says report
Updated On : 16 Jun 2026 | 1:28 PM IST