Business – Page 29

Retail Investors Allocated 30 Percent of SpaceX IPO in Unprecedented Consumer Offering

A significant 30 percent retail allocation in the SpaceX IPO made June 11 one of the most-watched financial events for retail investors in 2026.

Goldman Sachs projected India’s current account deficit would expand to $37 billion in 2026 driven by higher non-oil imports.

Escalating conflict in West Asia drove global crude prices up pushing US consumer inflation rates to their highest levels in three years.

MUFG Bank, Sumitomo Mitsui, and Mizuho Bank agreed to launch a yen-denominated stablecoin to streamline stock and investment trust settlements.

Bank of Japan Governor Ueda was hospitalized with a hepatic cyst infection forcing Deputy Governor Himino to chair next week’s policy review.

Technical analyst Mehul Kothari recommended buying Bank of India, Hindustan Zinc, and Union Bank of India citing positive chart structures.

The Indian rupee fell sharply in opening trade due to rising crude import costs and safe-haven demand for the greenback amid Middle East conflict.

Indian equity benchmarks opened flat to lower tracking a sell-off in Asian markets as the US-Iran military conflict escalated overnight.

Claims of national insolvency debunked despite 31.4 trillion debt

Broad shake-out of excessive optimism hits secondary AI winners