Reuters

Trump says Iran downed US Apache helicopter, vows military response

Monday's flare-up added further strain to efforts to broker a peace deal to end the wider Middle East war and reopen the Strait of Hormuz

Honda's board backs CEO Mibe despite push by old guard to oust him

They blamed Mibe for neglecting China, the world's biggest auto market, and making a "failed" bet on electric vehicles that would leave Honda with its first annual loss in seven decades

India's ship certifier de-classed 235 vessels over sanctions since 2023

Since 2023, Mumbai-based IRClass has de-classed 235 ships from its registry, mainly oil tankers and also a few gas carriers, the non-profit organisation's Executive Chairman Arun Sharma said

Rupee gains as oil retreat soothes, inflow expectations erode weak bias

The rupee gained 0.4% against the dollar as lower crude prices and RBI measures to boost foreign-currency inflows eased concerns over India's external balances

Gold smuggling may top 100 tonnes as higher import duties bite: Report

At current prices, 100 ‌tons of gold would be worth about $14.35 billion, implying roughly $2.65 billion in lost tariffs and sales tax

US helicopter pilots who went down in Strait of Hormuz are fine, says Trump

It was not immediately clear whether the Apache was shot down by Iranian fire, experienced mechanical failure or encountered some other problem

Stellantis recalls over 1 mn US vehicles over power steering defect: NHTSA

As part of ‌the remedy, dealers ​will inspect ‌and replace affected components as necessary, free ‌of charge

SpaceX IPO fever sparks global hunt for aerospace, satellite stocks

With restrictions in parts of Asia on how retail investors may access the IPO, traders are scoping out regional suppliers to ride the SpaceX-driven rally

SpiceJet delays pilot salaries, seeks govt-backed loan to shore up finances

SpiceJet was India's second-largest domestic carrier ​by market share in 2019, carrying roughly 15 per cent of passengers, but that has since fallen to a fourth-place share ​of 3.4 per cent

Perplexity targets 2028 IPO regardless of Anthropic or OpenAI listings

The SpaceX IPO this week will definitely be a leading indicator of how Anthropic or OpenAI will go out, CEO Aravind Srinivas said

Tata Group units plan bond sales after year-long gap, say bankers

Indian corporate bond yields have eased after the Reserve Bank of India maintained key policy rates unchanged last week, providing some relief to the market

China exports surge 19.4% in May as exporters rush orders, ride AI wave

Exports expanded 19.4 per cent from a year earlier in U.S. dollar value terms, customs data showed on Tuesday, outpacing the 14.1 per cent gain in April and a 15 per cent rise tipped by economists

'Bibi, be careful': Trump warns Netanyahu of isolation if Iran war resumes

Trump said he warned Netanyahu against resuming war with Iran, while Israel's envoy dismisses reports of pressure, describing the leaders' relationship as strong and cooperative

Asian stocks make tentative bounce after Israel, Iran halt attacks

Japan's Nikkei inched up 0.3 per cent, after losing 3.9 per cent the previous session, while MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.9 per cent

Trump's approval stays near record low as Iran war fuels economic concerns

The Republican leader has faced widespread discontent in recent months over ​his decision to go to war with Iran, which has led to a surge in gasoline prices

Nvidia to partner with LG on humanoid robots, next-gen data centres

Nvidia and its partners, which also included SK Telecom and conglomerate Doosan Group, did not disclose the value of the deals

Gwynne Shotwell, the force behind SpaceX's rise and Musk's ambitions

As SpaceX prepares for a landmark IPO, president Gwynne Shotwell emerges as the executive who transformed Elon Musk's vision into a global space powerhouse

BPCL to shut crude units at Mumbai refinery in September, says report

BPCL plans to shut a 120,000 bpd crude unit and secondary units at its Mumbai refinery for routine maintenance in September-October

Wider Gulf crisis would be worrying, India has 76-80 days of oil: Puri

It may remain a conflict not confined to that theater ... you know, you could have problems elsewhere, Hardeep Singh Puri said

Inflation likely rose to 4% in May amid rising food, fuel costs: Poll

RBI Governor Sanjay Malhotra said underlying inflation pressures remained benign, although second-round effects warranted vigilance