June 2026 – Page 478

OpenAI Finalises Deal to Put AI Models Inside Oracle Cloud for Enterprise Clients

OpenAI completed an agreement to make its frontier AI models accessible to Oracle Cloud customers via existing cloud credits.

India’s automobile sector braced for demand headwinds as global oil prices climbed due to the Iran-related supply disruption.

Sovereign bond markets globally experienced volatility as the US-Iran military escalation introduced significant geopolitical risk.

India’s insurance regulator announced new reforms aimed at increasing insurance penetration particularly in rural and underserved areas.

GST revenue collections in India continued to show healthy growth reflecting the sustained expansion in the domestic economy.

India’s semiconductor manufacturing mission made further progress with new fabrication plant announcements tied to government incentives.

PM Modi’s visit to France included high-level talks on investment in India and bilateral defence and technology cooperation.

India maintained robust GDP growth momentum in early 2026 despite US tariff pressures and broader global economic headwinds.

India’s digital payment infrastructure continued to see record UPI transaction volumes fuelling fintech sector growth plans.

India’s renewable energy sector investments were linked to growing demand for power from AI data centers being built domestically.