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
#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
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
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
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
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
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
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
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
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
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
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
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
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
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