Page 15 - Reuters

Govt clears way for self-driving, safety car tech to reduce road deaths

Govt waived the licence requirement for 77-81 GHz radar sensors, allowing faster deployment of automotive sensing tech without separate spectrum allocation approvals

US-Iran peace memorandum could be signed on Sunday in Geneva: Source

A US-Iran memorandum to halt the Gulf conflict could be signed in Geneva on Sunday, though key terms remain under negotiation and Iran says no final decision has been made

Oil prices, FX risks loom over India's bond inflow push, says BlackRock

Seeking to shore up the rupee ‌and interest in bonds, India last week announced ​tax cuts for overseas bond investors ​and a host of measures aimed at boosting inflows and improving market access

SBI, Bank of Baroda plan first dollar bonds under RBI subsidy window

Both banks are targeting to raise around $500 million through five-year dollar bonds

Oil prices slump to 2-month low as Trump calls off planned strikes on Iran

Brent futures were down $2.11 or 2.3 per cent at $88.27 a barrel by 0640 ‌GMT, while US West Texas Intermediate (WTI) crude dropped $1.90, or 2.2 per cent, to $85.81

Gold demand in India slightly improves as prices slip; China premiums ease

Gold prices in India ​dropped to their lowest since April 2 at ₹146,444 per 10 grams ‌on Thursday, and are down 1.5 per cent for the week so far

Govt may allow wider fiscal deficit to 4.8% of GDP amid Iran war: Report

India ships in about 90 per cent of ​its oil and is one of the countries most-exposed to prolonged Iran war-related ‌disruptions to global energy supplies

Musk's SpaceX raises record $75 bn in world's biggest IPO at $135 a share

The sale breaks the previous record for the largest-ever IPO held by state-run oil giant Saudi Aramco, which raised $25.6 billion on Riyadh's exchange in December 2019, valuing it at $1.71 trillion

SpaceX IPO propels Elon Musk to world's first trillionaire status

SpaceX, the satellite and AI company that together with electric-car maker Tesla form the center of Musk's empire, raised a record $75 billion in its initial ‌public offering on Thursday

Reliance, Adani, Vedanta among firms keen on Andhra rare earth projects

Reliance, Vedanta and Adani are among companies exploring rare earth processing investments in Andhra Pradesh as India seeks to reduce dependence on China and build domestic critical minerals capacity

India sees $3 billion debt rush on yield slump after RBI measures

Indian firms are accelerating bond issuances as RBI measures to support the rupee drive borrowing costs lower and boost demand for corporate debt

A-I crash final report delay expected due to unfinished engine analysis

The GE Aerospace-made engines have been at the ​centre of the probe into the crash of the Air India plane shortly after takeoff from Ahmedabad on June 12, 2025

US drug regulator issues import alert for drugs made at a Dabur India plant

The action was taken after the FDA inspected the factory and flagged data integrity and maintenance lapses

Mukesh Ambani's Reliance Group enters Mumbai slum redevelopment sector

The tender also attracted bids from metals giant JSW Group and conglomerate Shapoorji Pallonji Group

Indian-crewed tanker hit off Oman in suspected third US strike this week

Three Indian sailors died in a US strike on the Settebello tanker off Oman a day earlier

Trump says will take over Iran's Kharg Island, warns of heavier strikes

Trump said the US will attack Iran again with intensified strikes on Thursday night but he would rather not hit bridges and power plants

Indian firms rush to raise $3 bn debt as RBI steps cut borrowing costs

This has pushed corporate borrowing costs lower by 40-45 basis points, per LSEG benchmark 'AAA'-rated corporate bond yields of up to five years, while the spread over government bonds has narrowed

British defence minister Healey resigns amid dispute over defence funding

Britain's's defence and finance ministries have been locked in talks for months over how to meet rising demands to expand military spending, delaying Britain's Defence Investment Plan since last year

Opendoor shuts India operations, lays off 250 employees amid AI push

Layoffs reflect rising concerns over AI-driven job displacement in entry-level and back-office roles, alongside growing US policy pressure to shift more work onshore

India reports another vessel incident involving MT Jalveer off Oman coast

Indian embassy in Oman did not specify if the vessel involved in Thursday's incident had Indian seafarers on board