Friday, June 12, 2026 | 11:30 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

World News

Renaissance, American pop: Man who restored the human form to art

David Hockney, the celebrated British artist known for his iconic California pool paintings and vibrant landscapes, has died at the age of 88

Renaissance, American pop: Man who restored the human form to art
Updated On : 12 Jun 2026 | 10:50 PM IST

Pak's poor population swells by 27 mn in six years, poverty surges 7%

Pakistan's poverty rate climbed to 28.9% in 2024-25, adding 27 million people to the poor population amid inflation, economic shocks and rising inequality

Pak's poor population swells by 27 mn in six years, poverty surges 7%
Updated On : 12 Jun 2026 | 10:44 PM IST

SpaceX blows past $2 trillion valuation as stock jumps 20% after record IPO

Shares will likely not trade until the middle of the trading day, as the exchange collects buy and sell orders and underwriters delay trading until supply and demand is balanced

SpaceX blows past $2 trillion valuation as stock jumps 20% after record IPO
Updated On : 12 Jun 2026 | 10:34 PM IST

US army helping move 50% of pre-war oil volume via Hormuz: US Energy Secy

About 7 million barrels of oil a day are leaving the Persian Gulf with U.S. support, Energy Secretary Chris Wright said

US army helping move 50% of pre-war oil volume via Hormuz: US Energy Secy
Updated On : 12 Jun 2026 | 9:45 PM IST

Iran's foreign minister says Islamabad memorandum has 'never been closer'

Iranian Foreign Minister Abbas Araqchi says negotiations on an Islamabad-backed understanding have entered the final stages.

Iran's foreign minister says Islamabad memorandum has 'never been closer'
Updated On : 12 Jun 2026 | 9:23 PM IST

Iran slams US attacks on vessels with Indian crew, cites security risks

Three vessels with Indian crew came under attack off the Oman coast this week. One of them led to the death of three Indian seafarers

Iran slams US attacks on vessels with Indian crew, cites security risks
Updated On : 12 Jun 2026 | 8:24 PM IST

Trump accuses Iran of attacking Indian ships, says 'totally unacceptable'

Three vessels with Indian crew came under attack off the Oman coast this week. One of them resulted in the death of three Indian seafarers on Wednesday

Trump accuses Iran of attacking Indian ships, says 'totally unacceptable'
Updated On : 12 Jun 2026 | 8:07 PM IST

Iran's leaked comments on draft deal with US untrue, claims Trump

Trump rejected Iran's leaked account of a proposed US-Iran deal, calling it untrue and warning Tehran to act quickly amid ongoing negotiations

Iran's leaked comments on draft deal with US untrue, claims Trump
Updated On : 12 Jun 2026 | 7:53 PM IST

Trump, Modi look to repair frayed ties in shadow of West Asia crisis

A likely Modi-Trump meeting at the G7 will test efforts to repair India-US ties strained by trade disputes, Pakistan tensions and the Iran conflict

Trump, Modi look to repair frayed ties in shadow of West Asia crisis
Updated On : 12 Jun 2026 | 7:40 PM IST

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

US-Iran peace memorandum could be signed on Sunday in Geneva: Source
Updated On : 12 Jun 2026 | 6:22 PM IST

As trillion-dollar fortune beckons Musk, how far behind are the rest

SpaceX's blockbuster IPO could make Elon Musk the world's first trillionaire. Here's a look at the wealthiest people globally and in India

As trillion-dollar fortune beckons Musk, how far behind are the rest
Updated On : 12 Jun 2026 | 3:14 PM IST

Europe sold weapons used against India: Jaishankar defends ties with Russia

The External Affairs Minister further countered the criticism by drawing attention to Europe's historical and moral inconsistencies regarding global security dynamics

Europe sold weapons used against India: Jaishankar defends ties with Russia
Updated On : 12 Jun 2026 | 9:49 AM IST

Ousted South Korean President Yoon gets 30 yrs jail term in drone case

The case stems from allegations that former South Korean President Yoon Suk Yeol ordered drone flights over Pyongyang in 2024 to escalate tensions and justify martial law

Ousted South Korean President Yoon gets 30 yrs jail term in drone case
Updated On : 12 Jun 2026 | 8:59 AM IST

Is SpaceX worth $1.77 trillion? Some investors call it 'pie in the sky'

Elon Musk's rocket company is spending big and losing money, raising questions about whether it can justify its valuation for its blockbuster initial public offering

Is SpaceX worth $1.77 trillion? Some investors call it 'pie in the sky'
Updated On : 12 Jun 2026 | 8:49 AM IST

Adobe CFO Dan Durn departs while company also searches for new CEO

The search for the next CEO is 'progressing well,' and the goal is to have the new leader in place for planning the new fiscal year, which begins in December, Shantanu Narayen said

Adobe CFO Dan Durn departs while company also searches for new CEO
Updated On : 12 Jun 2026 | 8:12 AM IST

Thailand's Princess Bajrakitiyabha, known for her legal work, dies at 47

Thailand's Princess Bajrakitiyabha Mahidol was hospitalised in December 2022 after falling unconscious while training dogs for an army exhibition

Thailand's Princess Bajrakitiyabha, known for her legal work, dies at 47
Updated On : 12 Jun 2026 | 8:06 AM IST

Trump's Kharg Island threat, reversal show Iran war high-wire act

The island handles the vast majority of the country's oil exports and represents perhaps the most direct way to squeeze the Tehran regime economically and deprive it of a critical source of revenue

Trump's Kharg Island threat, reversal show Iran war high-wire act
Updated On : 12 Jun 2026 | 7:38 AM IST

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

SpaceX IPO propels Elon Musk to world's first trillionaire status
Updated On : 12 Jun 2026 | 7:32 AM IST

Wall Street posts best rally in 2 months after Trump halts strikes on Iran

US stocks surged, with the S&P 500 gaining 127 points, the Dow rising 930 points, and the Nasdaq jumping 640 points amid market optimism

Wall Street posts best rally in 2 months after Trump halts strikes on Iran
Updated On : 12 Jun 2026 | 7:08 AM IST

US appeals court allows Trump's 10% global tariff to stay in force for now

At issue are 10% worldwide tariffs US President imposed after the Supreme Court in February struck down even broader double-digit tariffs Trump had imposed last year on almost every country on Earth

US appeals court allows Trump's 10% global tariff to stay in force for now
Updated On : 12 Jun 2026 | 7:03 AM IST