Rakesh Kumar

Journalist @NewIndianXpress, Previously The Statesman

[Rakesh Kumar @rakeshhkumar]

#Jio is planning to build India’s own Low Earth Orbit (LEO) satellite constellation.
@TNIEBiz

[Rakesh Kumar @rakeshhkumar]

BIG NEWS from Reliance AGM:
Jio IPO papers (DRHP) officially approved & filing with SEBI today!
Next-Gen: Mukesh Ambani's kids (Isha, Akash, Anant) are leading the IPO process.
#Jio

[Rakesh Kumar @rakeshhkumar]

#Telegram court update:
Judge refused to lift the Telegram ban immediately. Court ordered govt to file a formal reply with documents.
Next hearing is tomorrow at 2:30 PM ahead of the June 21 NEET re-exam!
@TNIEBiz

[Rakesh Kumar @rakeshhkumar]

The founder of #Telegram says that the ban did not stop the leaks; they simply moved to other apps.
@TNIEBiz

[Rakesh Kumar @rakeshhkumar]

Due to the #NEET (UG) 2026 re-exam:

• Telegram access is restricted/blocked in India until 22 June 2026.

• Editing of existing #Telegram messages is disabled until 30 June 2026.

#NTA says measures are aimed at curbing fake paper leak claims and exam-related scams.
@TNIEBiz

[Rakesh Kumar @rakeshhkumar]

BREAKING
• NTA says #Telegram may be temporarily blocked in India until 22 June 2026.
• Telegram's message-editing feature could be disabled until 30 June.
• Authorities allege the platform was used to spread fake #NEET paper leak claims and scam students.
⁦@TNIEBiz⁩

[Dipak Mondal @Dipak_Journo]

Iran-US ceasefire impact:
Equity markets up over 1.5%. #Sensex breaches 76,500 levels; #Nifty closing in on 24000 levels. #Bond yields have cooled down to 6.8% levels; Brent crude is below $85.
#Rupee is now below $95 a dollar.

For corporate India, cheaper energy and logistics costs could support margins, while for the government, lower crude prices may ease fiscal pressures. If the agreement is formally signed and holds, the biggest winners could be India's growth outlook, bond market and energy-intensive sectors.
#IranWar‌
#ceasefire
@TNIEBiz
@NewIndianXpress

[Rakesh Kumar @rakeshhkumar]

#Apple CEO Tim Cook congratulates Prime Minister Narendra #Modi on becoming the longest-serving elected Prime Minister in India’s history.

[Rakesh Kumar @rakeshhkumar]

BREAKING: #Iran fired missiles at Israel for the first time since the ceasefire.

#Israel says it retaliated with strikes on targets in western and central Iran.

#Oil prices are surging on escalation fears:
Brent Crude: $96.16 (+3.30%)
WTI Crude: $93.43 (+3.19%)
@TNIEBiz

[Rakesh Kumar @rakeshhkumar]

The Cabinet has approved an Aviation Turbine Fuel Price Stabilisation Fund.

• Fund size: ₹10,000 crore

• The fund will be available for both domestic and international operations
@TNIEBiz

[Rakesh Kumar @rakeshhkumar]

Petroleum Ministry says even after the Rs 3 hike in petrol and diesel prices, under-recovery on petrol, diesel, and LPG still stands at Rs 750 crore per day.
@TNIEBiz @santwana99

[Rakesh Kumar @rakeshhkumar]

Sujata Sharma, JS, Petroleum Ministry, on India’s purchase of Russian crude says India been purchasing earlier & we continue to do so now. These are commercial decisions taken by oil companies based on national requirements & economic considerations.
@TNIEBiz

[Rakesh Kumar @rakeshhkumar]

Petrol and diesel prices increased by ₹3 across the country.
CNG price also increased by ₹2.

In Delhi:
Diesel:
New price – ₹90.67
Petrol:
New price – ₹97.77
CNG:
New rate – ₹79.09
@TNIEBiz @santwana99

[Rakesh Kumar @rakeshhkumar]

Indian Oil Corp says fuel price hike limited to select industrial segments—bulk LPG, bulk diesel & ATF for international airlines (~16% use). No change in retail petrol & diesel (~90% consumption unaffected) and domestic LPG (14.2 kg) remains unchanged. @TNIEBiz

[Rakesh Kumar @rakeshhkumar]

There is no proposal to increase petrol and diesel prices in the country, says Sujata Sharma, Joint Secretary, Petroleum Ministry.
@TNIEBiz

[Rakesh Kumar @rakeshhkumar]

To protect ships and oil tankers from any conflicts, the cabinet has launched a ₹12,980 crore insurance fund.
This means India will now insure its own vessels, making us self-reliant and keeping our supply chains safe.
@TNIEBiz @santwana99

[Rakesh Kumar @rakeshhkumar]

The end of an era in Bihar politics, as Nitish Kumar says goodbye after his final cabinet meeting.
#Nitishkumar

[Rakesh Kumar @rakeshhkumar]

The Cabinet today approved the revised project cost of #HPCL Rajasthan Refinery Ltd at ₹79,459 crore.

HPCL equity contribution: ₹19,600 Cr

Refinery capacity: 9 MMTPA

Construction complete, commercial operations from July 2026
@TNIEBiz @HPCL

[Rakesh Kumar @rakeshhkumar]

Govt allows LPG supply to key industries (pharma, food, steel, etc)

Supply fixed at 70% of pre-March 2026 usage

Total cap: 0.2 TMT/day (200 tonnes)

Priority for industries where LPG can’t be replaced

Must register with OMCs & apply for PNG

PNG rule waived if LPG is essential

[Rakesh Kumar @rakeshhkumar]

Crude oil prices in the international market dropped sharply following the announcement of a ceasefire by the United States in the ongoing West Asia conflict. @TNIEBiz
https://t.co/IvLslb7ZvV