Morning news wrap: Iran’s Khamenei vows ‘punishment’ for Israel’; India says Strait of Hormuz closure won’t disrupt oil supply & more | India News

Morning news wrap: Iran’s Khamenei vows ‘punishment’ for Israel’; India says Strait of Hormuz closure won’t disrupt oil supply & more | India News

Iran’s Supreme Leader Ayatollah Ali Khamenei issued, left, and Strait of Hormuz Iran’s Supreme Leader Ayatollah Ali Khamenei issued a fresh warning to Israel, calling its actions a “big mistake” and claiming that punishment is already underway. In India, Andhra Pradesh police have filed an FIR against YSR Congress chief Jagan Mohan Reddy and his…

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Rupee falls 14 paise in early trade

Rupee falls 14 paise in early trade

A man walks past a logo of the Reserve Bank of India (RBI) and the Indian Rupee inside the RBI headquarters in Mumbai | Photo Credit: REUTERS Rupee declined 14 paise to 86.69 against the US dollar in early trade on Monday (June 23, 2025) as global crude oil prices surged following the US’s attack…

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Hyundai Motor’s Exports From US Plant Plunge Amid Tariff Woes | Economy News

Hyundai Motor’s Exports From US Plant Plunge Amid Tariff Woes | Economy News

Seoul: Hyundai Motor’s vehicle exports from its US plant plunged last month, industry data showed on Sunday, as the company accelerates production realignment strategies to cope with rising tariff tensions.  Hyundai Motor Manufacturing Alabama (HMMA), a U.S. production unit of the South Korean automaker, exported just 14 vehicles in June, a sharp decline from 1,303…

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Expansionary policies in a slowing economy

Expansionary policies in a slowing economy

For representative purposes. | Photo Credit: Getty Images The Reserve Bank of India (RBI) has cut key lending rates in two successive meetings, indicating a significant expansionary shift. In April 2025, the repo rate was cut by 25 basis points, and a further 50 basis point cut was announced in the recent meeting in June,…

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Will Fuel Prices Rise In India Amid Middle East Crisis? Here’s What Hardeep Puri Said | Economy News

Will Fuel Prices Rise In India Amid Middle East Crisis? Here’s What Hardeep Puri Said | Economy News

New Delhi: Petroleum and Natural Gas Minister Hardeep Singh Puri on Sunday allayed fears over any disruption in oil supplies to Indian consumers due to the Israel-Iran war and further escalation in geopolitical tensions in the Middle East because of the US bombing of Iran’s nuclear sites.  “We have been closely monitoring the evolving geopolitical…

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Indian stock market: 7 key things that changed for market over weekend- Gift Nifty, Israel-Iran war to oil prices

Indian stock market: 7 key things that changed for market over weekend- Gift Nifty, Israel-Iran war to oil prices

Indian stock market: Indian indices – Sensex and Nifty 50 – are likely to open on subdued note on Monday amid escalating tensions in Middle East. Asian markets plunged on Monday, meanwhile, US stock market closed in red, following the United States’ strike on three nuclear facilities in Iran. On Friday, India’s benchmark stock indices…

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