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SpaceX Shares Soar Again In Premarket As It Inches Towards $2.75 Trillion Market Cap
BreakingBusinessSpaceX Shares Soar Again In Premarket As It Inches Towards $2.75 Trillion Market CapBySiladitya Ray,Forbes Staff. Siladitya Ray is a New Delhi-based Forbes news team reporter.Follow AuthorJun 16, 2026, 05:18am EDTToplineSpaceX shares soared more than 10% in the premarket early on Tuesday, after rising almost 20% in its first full day of trading on Monday following a historic IPO launch last week for the rocket and AI company, which made its founder and CEO, Elon Musk, the world’s...
London saw weakest house price growth in Britain over the past decade
London saw weakest house price growth in Britain over the past decadeIn contrast, some cities in Midlands, North and Wales saw bumper growth See more This is Money on Google - save us as a Preferred SourceBy HELEN CRANE, DEPUTY EDITOR, THIS IS MONEY Updated: 10:12, 16 June 2026 e-mail 13 View comments
Rs 32 Lakh, Gold Seized After Raids On 12 Locations Linked To Telangana Official
According to ACB officials, searches were conducted at 11 to 12 locations in and around Hyderabad.
Adani Ports Expands Pact With US Firm Kaleris, Plans $100 Million Investment In AI Push
Building on Phase 1 deployments across six ports, APSEZ will now scale advanced operating, optimisation and automation capabilities across its maritime and logistics network, the statement added.
TCS Trade Secret Scandal: Inside US Legal Battle That Ended With A $220 Million Blow
A US jury concluded that TCS had willfully misappropriated trade secrets and recommended damages of $210 million.
America didn’t give Elon Musk a trillion dollars. He earned every penny
When SpaceX went public June 12 and Elon Musk became the world's first trillionaire on paper, the predictable reactions arrived almost immediately. Some viewed the milestone as a symbol of everything wrong with modern capitalism. Others celebrated it as the ultimate entrepreneurial success story.Both sides are missing the bigger picture.The most important aspect of Elon Musk becoming the first trillionaire is not the size of his fortune. It is the fact that his journey could only have happened i...
Bank of Japan raises interest rates to 31-year high amid Iran war inflation pressures
Country follows ECB in increasing borrowing costs, but US Fed and Bank of England expected to hold ratesBusiness live – latest updatesThe Bank of Japan (BoJ) has raised interest rates to a 31-year high, as it tried to dampen inflationary pressures created by the Iran war.Policymakers in Tokyo raised the BoJ’s short-term policy rate by a quarter of one percentage point, to 1% from 0.75%, and warned that companies were passing on rising oil costs to each other at a “relatively fast pace”. Continue...
Gujarat’s Halpati Housing Scheme offers Rs 1.2 lakh aid: Eligibility & how to apply
Gujarat's Halpati Housing Scheme offers crucial financial aid of Rs 1.20 lakh to eligible Scheduled Tribe families, specifically Talaviya and Nayak communities, for constructing their own homes. This initiative, implemented by the Tribal Development Department, aims to improve housing conditions in selected South Gujarat districts by providing phased assistance directly to beneficiaries, easing the burden of rising construction costs.
Kingsmill owner cleared to create UK’s biggest bread brand with Hovis takeover
ABF’s bakeries arm would be likely to exit the market entirely if the deal did not proceed, CMA findsBusiness live – latest updatesThe owner of Kingsmill’s £75m deal to buy Hovis to create the UK’s biggest bread brand has been cleared by the competition watchdog.The Competition and Markets Authority (CMA) ruled that Associated British Foods’ proposed takeover of Hovis did not raise competition concerns because if the deal did not go ahead “the most likely outcome” would be ABF’s bakeries arm lea...
TCS to take $70 million hit as US Supreme Court rejects appeal - What's the case?
TCS said it will now recognise a further $70 million towards damages, interest obligations and legal expenses, which will be reflected as a one-time exceptional charge in its first-quarter FY27 financial results.
PM Shehbaz says Centre to foot the bill of 100MW solar power project in GB
Prime Minister Shehbaz Sharif on Tuesday said that the federal government would bear the expenses for a 100 megawatt solar power project in Gilgit-Baltistan (GB). The remarks came as the premier chaired a meeting in Islamabad reviewing the project, according to a statement issued by the Prime Minister’s Office (PMO). The prime minister directed that the work on the project be accelerated and completed as soon as possible, adding that an independent third-party validation be conducted to ensure t...
Govt's economic planning mindful of possible external and geopolitical risks, finmin tells UK MP
Finance Minister Muhammad Aurangzeb said on Tuesday that the government’s economic planning and fiscal assumptions had remained mindful of possible external and geopolitical risks, including potential “second-order impacts” arising from prolonged regional uncertainty. The minister made these remarks during a meeting with UK Parliamentary Under-Secretary of State for the Middle East, North Africa, Afghanistan and Pakistan (MENAP), Hamish Falconer MP, held at the Finance Division in Islamabad. The...
EV prices in UK and EU not likely to dive due to Chinese rivalry, says Xpeng boss
Brian Gu says he sees Chinese car firms competing on quality rather than launching price war as at homeMotorists in the UK and EU should not expect a sharp drop in the cost of electric vehicles despite increased competition among Chinese manufacturers, one of the country’s biggest electric carmakers has said.Brian Gu, the vice-chair of the manufacturer Xpeng, said that Chinese carmakers could compete on quality to win customers in the EU and UK, rather than unleashing a brutal price war as they...
Higher prices for gas, groceries and flights will outlast the Iran war, experts say
People around the world may be wondering how soon prices will drop for gasoline, groceries, flights and other items that got more expensive during the Iran war
Reserve Bank finally gives Australian homeowners a break from interest rate hikes after three consecutive raises
Reserve Bank finally gives Australian homeowners a break from interest rate hikes after three consecutive raisesREAD MORE: Landlord defends charging $1050 for three people to share a room See more Daily Mail on Google - save us as a Preferred SourceBy SARAH BROOKES - SENIOR REPORTER, AUSTRALIA Published: 05:31, 16 June 2026 | Updated: 05:32, 16 June 2026 e-mail View comments
Is Form 16 mandatory for ITR filing & what to do if employer has not issued it?
Ideally, you should also cross check information across all your major documents such as Form 16, Form 26AS, Annual Information Statement (AIS), interest statements etc. to see if there are any discrepancies.
Japan raises interest rate to highest since 1995
Japan raises interest rate to highest since 1995Just nowShareSaveAdd as preferred on GooglePeter HoskinsBusiness reporterAFP via Getty ImagesJapan's central bank has increased its main interest rate to a new 31-year-high after a surge in global energy prices. On Tuesday, the Bank of Japan (BOJ) raised its so-called policy rate to 1% from 0.75% - its highest level since 1995.The decision comes as some other central banks have raised interest rates this year as the Iran war pushed up the cost of l...
Top stocks to buy: Stock market recommendations for today
Stock market recommendations: Somil Mehta, Head of Retail Research at Mirae Asset Sharekhan recommends buying Oberoi Realty, HDFC Life Insurance, Blue Star, and Phoenix Mills as the technical top stocks for today, June 16, 2026:
US stock market climbs as US-Iran deal stirs hopes for end to energy chaos
Benchmark S&P 500 rises 1.7 percent, while tech-heavy Nasdaq jumps 3.1 percent.
Oil prices still above pre-war levels despite US-Iran truce hopes
Global oil prices have seen a significant drop following signs of de-escalation in Middle East tensions, spurred by a US-Iran memorandum of understanding. While this offers relief to consumers, questions linger about the speed of supply recovery. The Strait of Hormuz, a vital oil route, is expected to reopen, potentially easing inflationary pressures.