June 2026 – Page 455

SpaceX’s Listing Marks Historic Moment for American Aerospace and AI Sector

The IPO of SpaceX which also includes the xAI segment was celebrated as the culmination of a 24-year journey from a small El Segundo warehouse.

The NEET undergraduate medical exam was cancelled after paper leak claims surfaced prompting a Central Bureau of Investigation probe.

The government eliminated capital gains tax and withholding tax on interest for FPIs investing in government securities.

The domestic currency depreciated against the US dollar as demand linked to forward currency maturities pressured the rupee.

A growing corruption scandal in Brazil is threatening to reshape the political landscape ahead of the country’s presidential election.

Titan grew from 50000 crore in FY25 to adding 25000 crore more in FY26 with expansion into fragrances eyewear and global markets.

Analysts highlighted India’s extreme vulnerability to the Iran war’s impact on oil supply as the country imports nearly all of its crude.

Tata Sons board held discussions about extending the tenure of CEO Chandrasekaran but deferred a formal decision.

Corporate India is rushing to issue bonds as RBI’s support for the rupee has lowered borrowing costs and boosted debt market demand.

India is lobbying for entry into another major bond index after already securing inclusion in the JPMorgan Bloomberg EM and FTSE Russell benchmarks.