Banking And Finance
SpaceX surges past $2 trillion in Nasdaq debut: How much your ₹5 lakh investment could be worth by 2030
Several high-profile initial public offerings (IPOs) are scheduled for 2026, but none is bigger than . SpaceX shares jumped 19% in their Nasdaq debut on Friday, sending the company’s value…
8th Pay Commission: ₹10 lakh interest-free car loan, festival bonus among new demands – Details here
Fresh buzz has emerged around the as discussions on salary revisions for central government employees continue. The Staff Side of NC-JCM has proposed the inclusion of new types of advances…
‘Happy to be invested’: Retail investors snap up SpaceX shares on first trading day after company allots 20% for segment
Small retail investors participated enthusiastically in SpaceX’s record breaking initial public offering on Friday, 12 June, according to a Reuters report. Eager for a share of Elon Musk’s hyped rocket…
Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflows
Mumbai: As they prep up to attract dollars from the diaspora, banks have urged the (RBI) to iron out a kink in the regulation. According to them, tweaking the language…
Market
Gold, silver rates today: Comex gold rebounds $154/oz, silver gains $4 on Middle East peace hopes
Precious metals were trading higher on Friday, 12 June, as hopes strengthened over a possible peace deal between the US and Iran that could end the three-month-long conflict in West…
With flawless SpaceX IPO, Wall Street establishes new standard for mega listings
A collective sigh of relief swept across Wall Street after trading for SpaceX’s landmark Nasdaq launch went smoothly, setting a new template for the trading firms and exchanges that are…
Explainer. SpaceX IPO includes a greenshoe option – here’s what it means
SpaceX raised a record $75 billion in its IPO on Friday after selling about 5% of its outstanding shares, but it could raise even more under a provision designed to…
SpaceX soars 19.2% in blockbuster debut, lifting US markets higher
U.S. stocks ended higher on Friday as investors held out hope for a peace deal between Iran and the United States and as SpaceX shares surged in their debut, making…
Market
No more Meta layoffs this year! Zuckerberg admits making mistake in AI workforce overhaul
Meta CEO Mark Zuckerberg has told employees that the social media giant has made mistakes in its AI transformation of its workforce, according to an internal memo seen by Reuters.…
Anthropic ‘abruptly’ disables Fable 5, Mythos 5 to comply with US govt directive; says ‘this is a misunderstanding’
Anthropic has abruptly disabled global access to its Fable 5 and Mythos 5 artificial intelligence models after the US government issued an export control directive on national security grounds, ordering…
Paramount wins DOJ approval for Warner Bros. Discovery merger as $7 million daily fee deadline looms
The US Department of Justice has formally approved David Ellison’s Paramount Skydance to acquire Warner Bros. Discovery for approximately $110 billion, clearing the most significant federal regulatory hurdle in a…
Officials say sprinklers at California medical equipment warehouse didnt work during blaze
TRACY, Calif. (AP) — Firefighters responding to a a massive medical equipment warehouse in Northern California and sent embers flying for miles were hindered by sprinklers and hydrants that weren’t…
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