Daily Republic News
- Business
- June 17, 2026
Reliance Jio Expected To File $4 Billion Draft IPO Papers Ahead Of AGM 2026
The telecom giant Reliance Jio is expected to likely to file draft initial public offering (IPO) papers for its expected $4 billion listing “within days”, according to a business publication, citing two sources.The filing expectations rise on the heels of billionaire CMD Mukesh A Read More
- Business
- June 17, 2026
IT Giant Wipro’s Shares Surges Over 1% In Early Trade After Anthropic Deal
Wipro Stock Price: The shares of IT mammoth Wipro surged as much as 1.41% to hit an intra-day high of Rs 185.25 apiece after it launched an Applied AI Center of Excellence (CoE) for Anthropic’s Claude models.The Applied AI Center of Excellence is expected to accelerate enterprise Read More
- Business
- June 17, 2026
Stock Market Opening Bell: Sensex Surges 0.35%, Nifty 50 Jumps 0.23%
Stock Market Opening Bell: The Indian benchmark stock market indices Sensex and Nifty 50 opened on a flat note on Wednesday, June 17, tracking mixed global market cues as investors keenly await the fine print of the US-Iran peace agreement.While Sensex surged 0.35% to 77,080.09 l Read More
- Business
- June 17, 2026
Oil Prices Fall 5% To 3-Month Low On Hopes Strait of Hormuz Will Open
New York: Oil prices fell about 5% for a second day in a row to a three-month low on Tuesday as details emerged of an interim deal to end the war in the Middle East and reopen the Strait of Hormuz, including an agreement to allow Iran to sell oil.Brent crude futures fell $4.21, Read More
- Business
- June 16, 2026
SpaceX IPO Attention Will Motivate Indian Space Companies To Take Bigger Risks, Says IN-SPACe Chairman At India Space Congress
New Delhi: IN-SPACe Chairman Pawan Goenka on Monday said private space companies in India are making strong progress and noted that the success of SpaceX’s IPO would encourage greater participation in India’s private space sector.Speaking to ANI on the sidelines of the India Spac Read More
- Business
- June 16, 2026
Oil Falls Below $80 For First Time Since March As US-Iran Deal Hopes Rise; Stocks Mixed With Dow At Record, Nasdaq Slips 1.2%
New York: Oil prices sank again Tuesday and dropped below $80 per barrel for the first time since early March, while U.S. stocks drifted near their all-time highs in mixed trading.The S&P 500 slipped 0.6% and pulled 1.3% below its record set earlier this month. The market was nea Read More
- Business
- June 16, 2026
TCS To Take $70 Million Hit After Us Supreme Court Rejects Appeal
Tata Consultancy Services will book a one-time exceptional charge of $70 million after the US Supreme Court rejected its appeal in a trade secrets case, bringing its total exposure in the matter to $220 million, the firm said on Monday.The US Supreme Court on June 15 let stand a Read More
- Business
- June 16, 2026
Services Sector Led India’s Export Of $863 Bn In FY26
India’s services sector emerged as the key driver behind the country’s record combined exports of USD 863.1 billion in FY26, according to data released by the Ministry of Commerce and Industry.The country’s total exports of merchandise and services reached an all-time high of USD Read More
- Business
- June 16, 2026
India’s Balance Of Payments Faces Risk From Dollar Liquidity Tightness
India’s balance of payments remains broadly resilient but is increasingly constrained by global dollar liquidity tightness, leading to currency volatility, including in the rupee.This environment also poses a risk of downward revisions to FY27 earnings estimates, says ASK Private Read More
- Business
- June 16, 2026
SBI Alters FCNR(B) Deposit Interest Rates After RBI’s Special Swap Window
After India’s central bank decided to bear hedging costs for new Foreign Currency Non-Resident (Bank), or FCNR(B), deposits with maturities of three to five years until September 30, the State Bank of India (SBI) has revised its FCNR(B) deposit interest rates, joining several pub Read More
