Finance
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A three-word tweet at Elon Musk in 2020 sent Tesla and SpaceX to Texas, costing California hundreds of billions in lost taxes and jobs.
India imports over 85% of its crude oil, with 50% from West Asia through Hormuz. The US-Iran deal could ease India's energy import bill and support the rupee.
Zepto filed its updated DRHP with SEBI to raise Rs 8,010 crore. Revenue hit Rs 22,623 crore in FY26, but losses widened to Rs 5,905 crore ahead of its BSE and NSE debut.
Trump declared the US-Iran deal complete and ordered the Strait of Hormuz reopened. Brent crude dropped below $80 a barrel for the first time since early March.
Amazon India's Samir Kumar calls 2026 the company's most aggressive expansion phase ever, backed by $35 billion in fresh investment and Amazon Now scaling to 100 cities.
Gold sits near $4,165 ahead of Kevin Warsh's first Fed meeting June 16 to 17. The Iran deal and crude oil prices are the wildcards that could move bullion this week.
Singapore's High Court stayed a six-month jail order against Byju Raveendran on June 10, days before his June 15 surrender deadline, in a civil contempt case.
SpaceX shares opened at $150 Friday, 11% above IPO price, pushing Elon Musk's net worth past $1 trillion in the biggest public offering in history.