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Two supertankers exit Strait of Hormuz with 6 million barrels of crude oil

The ships are among a handful of supertankers exiting the Gulf this month via a transit route that Iran has ordered ships to use

Meta reportedly offers rival AI chatbots limited free access to WhatsApp

Meta introduced a policy in January allowing only its Meta AI assistant on WhatsApp, before amending it in March and saying rivals could use the social messaging app for a fee

Microsoft's biggest India data centre on track to go live in mid-2026

Like rivals Alphabet and Amazon, Microsoft sees India as a potentially profitable market for AI thanks to its more than 1 billion internet users and deep tech talent

China's Alibaba unveils new AI chip, LLM in push for domestic alternatives

Alibaba introduced the Zhenwu M890 AI processor and a new server platform as Chinese firms ramp up development of domestic AI computing infrastructure

Oil prices slip after Trump says US will end Iran war 'very quickly'

Brent crude oil futures fell ​88 cents, or 0.8 per cent, to $110.40 a barrel by 0410 GMT, while US West Texas Intermediate futures were down 67 ‌cents, or 0.6 per cent, to $103.48

DGCA to monitor Boeing fuel-switch test linked to Ahmedabad plane crash

The switches, designed to be ‌immovable without actions from pilots, have come under scrutiny since preliminary report found they had been shut off nearly simultaneously, starving the engines of fuel

Trump says Iran wants deal but fresh US strikes remain possible soon

US President Donald Trump said Washington could attack Iran again within days if Tehran fails to agree to a deal, even as Iran seeks sanctions relief and an end to hostilities

Global stocks mixed, Brent falls 1.1% as Trump pauses plan to attack Iran

Trump said there was a "very good chance" the US could reach an agreement with Iran to prevent Tehran from obtaining a nuclear weapon

Zee Entertainment Q4 FY26 result: Net loss at ₹102 cr, revenue falls 5.4%

Zee's advertising revenue, ​which accounts for nearly 40% of the total, fell ​3.5 per cent in the quarter, as the Middle East crisis hurt ad spending in March

Rupee slips to lifetime low of 96.44 against US dollar as oil prices rise

A combination of high crude prices, underpinned by the prolonged US-Iran impasse, and subdued capital inflows is widening India's external imbalances and leaving the rupee vulnerable

Peace deal seeks reparations for war damage, US troop withdrawal, says Iran

The terms as described in the Iranian reports appeared little changed from Iran's previous offer, which US President Donald Trump rejected last week as 'garbage'

US ends civil, criminal cases against Adani after $10 bn investment promise

It is the latest example of Trump's Justice Department abandoning a high-profile case brought under his Democratic predecessor, Joe Biden

Oil drops over 2% after Trump says he holds off scheduled attack on Iran

Brent futures for July delivery fell $3.01, or 2.7 per cent, to $109.09 a barrel as of 0001 GMT, ‌while US West Texas Intermediate crude for June delivery fell $1.38, or 1.3 per cent, to $107.28

US issues 30-day general licence to provide access to Russian oil: Bessent

Treasury Secretary Scott Bessent says 30-day extension will help stabilise crude markets and support countries affected by Gulf supply disruptions

Iran war saddles global companies with over $25 billion in losses so far

Rising oil prices, supply disruptions and shipping bottlenecks are forcing companies to cut output, raise prices and suspend payouts

India buying Russian oil regardless of US sanctions waivers: Govt official

Sujata Sharma, Joint Secretary in the Petroleum Ministry, said India has been buying Russian oil irrespective of US sanctions waivers

Govt directs state-run banks, insurance firms to cut costs, shift to EVs

The order, part of a broader austerity push, will cover institutions like the State Bank of India, Bank of Baroda and Life Insurance Corp of India and million of their employees across the country

Delhi HC refuses Apple's plea to halt CCI probe, asks firm to cooperate

Delhi HC said in an order that Apple 'shall fully cooperate' but it asked the Competition Commission of India to not pass a final order in the matter until at least July 15

JP Morgan lowers 2026 gold price forecast amid weak investor demand

While several banks have trimmed near-term ​forecasts due to softer investor demand and elevated rate expectations, most analysts still ‌expect prices to recover through 2026

Gourmet Investments to launch Olive Garden, double outlets in India

As part of expansion ​plans, Pewekar expects Olive Garden's India restaurant count to exceed 10 in three ‌years' time and then to expand more rapidly with a focus on large cities