A US-Iran peace deal ignites a global market rally, sending Brent crude and WTI oil prices tumbling. Asian equities surge, but geopolitical uncertainties persist.
Union Railway Minister Ashwini Vaishnaw has ordered IRCTC to launch a fully revamped ticketing website by July 15, 2026, after a student complaint on slow, crash-prone Tatkal bookings at MNIT Jaipur, while also announcing a quantum lab, AI Lab and access to Lam Research’s “Semiverse” platform.
Zoho founder Sridhar Vembu has renewed his rivalry with Salesforce, criticizing its “40% off” promotion, warning buyers about long-term pricing, and attacking the company’s acquisition-heavy product strategy in the enterprise software market.
Reliance Industries and Meta Platforms will develop a 168 MW, AI-enabled, renewable-powered data center in Jamnagar, Gujarat, Meta’s first built-to-suit facility in India.
Apple unveils Siri AI, a reengineered assistant built on Apple Intelligence with on-device models, Private Cloud Compute, multimodal features and writing tools, rolling out across iPhone, iPad, Mac, Apple Watch and Apple Vision Pro on recent hardware, with staged availability in the EU and China.
News
Vinod Khosla criticized Stanford students who walked out during Sundar Pichai’s commencement speech over Google’s reported ties to Project Nimbus and the Israeli government, calling the protest “biased, idiotic, short-sighted and very selfish,” and arguing they ignored artificial intelligence’s broader global potential.
Finance Minister Nirmala Sitharaman signals that India will roll out further measures beyond recent tax exemptions to attract foreign investment, as policymakers seek to convert strong gross FDI into more durable net inflows amid shifting global capital, valuation concerns, and a renewed manufacturing push.
China’s mBridge blockchain platform is set for commercial launch, offering a faster, cheaper alternative to SWIFT for cross-border payments and boosting the digital yuan’s role in global trade.
A US-Iran peace deal ignites a global market rally, sending Brent crude and WTI oil prices tumbling. Asian equities surge, but geopolitical uncertainties persist.
AI Trends
India’s Avataar.Ai, under IndiaAI Mission, launches Varya, an indigenous AI video generation model. It’s 27x faster, cheaper, and culturally specific, democratizing AI access.
Spotlight
Netflix has taken a decisive step in strengthening its India strategy with the launch of a global VFX and post-production hub in Hyderabad, marking a full…
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