Daily Republic News
- Business
- June 16, 2026
Sarvam AI, HCL Tech Deal: What It Mean As US Restricts Access To Top AI Models
In a major push to build sovereign AI models, HCLTech will invest $150M as the lead strategic investor in Sarvam AI, an artificial intelligence Unicorn startup to build systems designed for India-specific needs.The investment comes at a time when India’s $250-billion IT services Read More
- Business
- June 16, 2026
Stock Market Opening Bell: Sensex Surged 0.34%, Nifty Rallied 0.29% – Here’s Why
Stock Market Opening Bell: The Indian stock market benchmark indices, Sensex and Nifty 50, opened in green on Tuesday, June 16, amid investor anticipation around the fine print of the US-Iran peace deal.While Nifty 50 surged 0.29% to 23,923.90 level, Sensex jumped 0.34% to 76,526 Read More
- Business
- June 16, 2026
From US-Iran Peace Deal To Gift Nifty: 5 Key Triggers For Indian Stock Market
The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open on a cautious tone on Tuesday, June 16, tracking mixed signals from the global markets, while investors await the fine print on the US-Iran peace deal.Asian markets traded mixed, while the US sto Read More
- Business
- June 16, 2026
Centre Raises Taxes On Diesel, Jet Fuel Exports, Leaves Petrol Duty Unchanged
Taxes On Fuel Exports: India has raised windfall taxes on diesel exports to Rs 14 or $0.1478) and that on aviation fuel to Rs 12.5 per litre, the government said in a statement on Monday, with the prices applicable for the next fortnight starting June 16.The export duty on petrol Read More
- Business
- June 15, 2026
Embassy Group Calls REIT ‘Fit And Proper’ Plea A ‘Recycled Claim’, Bombay HC Grants SEBI 6 Weeks To Review Petition
Mumbai: Real estate major Embassy Group has described a writ petition questioning the “fit and proper” status of certain entities and promoters associated with Embassy Office Parks REIT as a “recycled claim” and part of a continuing campaign allegedly orchestrated by Sterling & W Read More
- Business
- June 15, 2026
The Rise of Aspirational Luxury: How Cosmos Corner Reflects NCR’s New Housing Demand
As NCR’s residential market evolves, homebuyers are increasingly prioritising larger homes, lifestyle-driven amenities, thoughtful design, and long-term value over traditional luxury addresses. Catering to this growing demand for aspirational luxury living, AU Real Estate has lau Read More
- Business
- June 15, 2026
Sarvam Becomes India’s Newest AI Unicorn After $234 Million Funding Round Led by HCLTech
Bengaluru-based AI startup Sarvam has become India’s newest unicorn after raising $234 million in the first close of its Series B funding round, underscoring growing investor confidence in homegrown artificial intelligence companies amid the global race for sovereign AI.The fundi Read More
- Business
- June 15, 2026
Petronet’s LNG Tanker Passes Via Hormuz After US-Iran Agree To deal
Oil and gas major Petronet sent a liquefied natural gas tanker through the Strait of Hormuz, the only shipment on Monday since the United States and Iran reached a peace deal to reopen the strategic waterway, shiptracking data showed.The limited traffic underscores wariness among Read More
- Business
- June 15, 2026
Stock Market Opening Bell: Sensex Surges 1.59%, Nifty 50 Nears 24,000 After US-Iran Peace Agreement
Stock Market Opening Bell: The Indian benchmark stock market indices Sensex, and Nifty 50 witnessed a gap up opening on Monday, June 15, after the US and Iranian officials agreed on a framework to end the West Asia conflict.While Sensex rose 1.59% to 76,725.30 level, Nifty 50 sur Read More
- Business
- June 15, 2026
US Dollar Hits 10-day Low As US, Iran Reach Peace Deal
The U.S. dollar touched a 10-day low against its major peers on Monday as a preliminary agreement to end the war between the U.S. and Iran sent oil prices tumbling and boosted demand for riskier assets.U.S. and Iranian officials said on Sunday they have agreed on a framework for Read More
