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US-Iran talks lay 'good foundation' for final peace deal, says Vance

The United States and Iran agreed on a roadmap towards a permanent agreement within 60 days, with progress reported on nuclear inspections, oil exports and maritime security

India says ties with China normalising as top officials meet in Delhi

India and China discussed gradual normalisation of ties as NSA Ajit Doval met Chinese FM Wang Yi on the sidelines of the BRICS security meeting in New Delhi

Tata Electronics hit by cyber breach exposing Apple, Tesla trade secrets

Tata Electronics reports a cyber incident after hackers allegedly leaked Apple and Tesla-related design and manufacturing files on the dark web

US authorises Iranian oil sales as talks advance towards final peace deal

The United States has temporarily eased sanctions on Iranian oil exports, linking the move to commitments by Tehran on nuclear inspections and free transit through the Strait of Hormuz

X suffers outage for thousands of users in US, shows Downdetector

More than 27,000 users reported problems accessing Elon Musk-owned social media platform X, according to outage-tracking website Downdetector

BofA forecasts 75 bps of Fed rate hikes in 2026 on labour resilience

BofA Global Research expects the US Federal Reserve to raise rates three times in 2026, citing resilient economic data and expectations of a hawkish Fed under Kevin Warsh

India seeks tariff advantage over peers in push to finalise US trade deal

New Delhi is seeking tariff concessions superior to those offered to competing Asian economies as it works towards finalising a bilateral trade agreement with the United States

Govt likely in talks to sell supersonic cruise missile BrahMos to UAE

The discussions, which have not been previously ​reported, likely include the potential sale of India's air defence system Akashteer

'Indian financial firms to tap $1.5 billion overseas bonds this week'

India's top private lender, HDFC Bank, sold $750 million of five-year dollar bonds last week at a spread of about 90 basis points over US Treasuries

India pushing for preferential market access in US trade deal: Piyush Goyal

Commerce Minister Piyush Goyal said negotiations on the US trade deal are taking longer than expected due to a 50% tariff on Indian goods, while India continues to seek preferential market access

Airfares may stay high as carriers bank fuel relief from Iran deal

As jet fuel prices surged, US airlines raised ticket prices and bag fees, and cut schedules, but those steps have offset only part of the rise in fuel costs

SK Hynix overtakes Samsung to become South Korea's most valuable company

Shares of SK Hynix, now the world's most valuable memory chipmaker, traded up 5.7% to bring the company's market capitalisation to 2,082.5 trillion won

Govt bonds walk tightrope on steady oil price, shaky US-Iran truce

Traders said Indian debt markets still face rate risks from El Niño's potential impact on inflation and growth and elevated global yields after a hawkish US Federal Reserve commentary

AirAsia X has lowered fares since June 15 as jet fuel prices fall: CEO

AirAsia X has been hard hit by volatile jet fuel prices, posting a first-quarter loss this year as it cut 10% of flights and added fuel surcharges to deal with rising costs

China imposes export controls on 10 US firms linked to defence sector

The move, which affects rare earth producers and defence-linked manufacturers, comes after Washington imposed restrictions on several Chinese companies earlier this month

Asian shares rally as progress in US-Iran talks eases market jitters

Officials from Qatar and Pakistan also released ​a statement saying the first session of talks had concluded and progress was made on ​a roadmap to reach a final deal in 60 days

Oil prices rise after Iran shuts Hormuz again, Trump threatens new attacks

Brent crude futures ​climbed 54 cents or 0.67 per cent, to $81.11 a barrel by 0030 GMT, after touching a high of $82.30 ‌at the start of trading

El Nino, rising ethanol demand may curb India's sugar exports for years

The twin pressures are poised to keep millions of tons of sugar off the world market, tightening supplies for importers across Asia, Africa and the West Asia

UK's Starmer considers political future, could decide as soon as Monday

Keir Starmer weighed his future as PM amid growing Labour calls to quit after Andy Burnham's election win intensified leadership pressure

10 years after Brexit vote: How Britain's financial industry recovered

A decade after Brexit, London's finance sector remains resilient but has lost market share as the UK grapples with weaker investment appeal