11:11 | Telegram, the new 'dark web', UAE's oil import, Mumbai rains intensify, US market crash and more

DAY AHEAD IN DATA WATCH

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• Telegram, the new dark web claims home ministry in investigation report

Messaging platform Telegram has returned after a temporary ban linked to the NEET examination controversy, but a government report has described the platform as "the new dark web", citing its alleged misuse for a range of illegal activities.

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• UAE oil exports soar to 85% of Abu Dhabi's pre-war levels, says IEA

Oil exports from the United Arab Emirates in early June increased to almost 85% of the nation's pre-Iranian war levels, according to a report from the International Energy Agency. This recovery occurred even before Washington and Tehran signed an interim

peace agreement, as the Gulf nation relied on pipelines, storage, and alternative shipping routes

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• Delhi Traffic Police joins NPCI Bharat Connect for e-challan payments

NPCI Bharat BillPay Ltd (NBBL), a wholly owned subsidiary of the National Payments Corporation of India (NPCI), has onboarded Delhi Traffic Police on its Bharat Connect platform under the e-challan category, enabling citizens to pay traffic challans through Bharat Connect-enabled applications.

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• South Korea retained as an 'emerging market' in latest MSCI review over ongoing issues

Index provide MSCI Inc. has retained South Korea in its Emerging Market index and has also refrained from starting a formal review process to upgrade the country's stock market to a "developed market" status.

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• Mumbai rains continue after delayed monsoon arrival; heavy showers likely along west coast today

A day after the Southwest Monsoon finally reached Mumbai following a nearly two-week delay, the city is likely to witness another day of cloudy skies and intermittent rainfall on Wednesday, June 24, while heavy rain activity is expected to persist along parts of India's west coast.

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• US Market Crash: Nasdaq 100 falls 1,000 points as tech sell-off deepens ahead of Micron results

Benchmark indices on Wall Street sold-off sharply on Tuesday, June 23, extending the rout witnessed across the Asia-Pacific markets from earlier in the day as investors fled chip and AI-related names, while lending some support to old economy stocks.

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• Non-resident deposits to boost banks' fund mobilisation in FY27: Report

With measures in place to boost foreign currency deposits, inflow of overseas funds could provide incremental support to banks' deposit mobilisation in the current fiscal year, a report said on Tuesday.

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• WTO to set up dispute panel in China's case against India's solar, IT goods measures

The panel will now determine whether import duties and other measures applied by India on certain imported high-tech goods, as well as certain incentive measures for solar energy products, are consistent with India's WTO commitments.

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• Why Vedanta's promoter just sold shares worth ₹1,896 crore

A promoter entity of Vedanta has sold shares worth nearly ₹1,900 crore in a major block transaction. The stake sale comes at a time when the group is focused on strengthening its balance sheet and advancing the proposed demerger of its businesses.

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• Three IT stocks get downgraded by JPMorgan; Check lowered price targets and top picks

JPMorgan said India's IT services sector faces an uncertain demand environment from an unprecedented confluence of technology and business cycle headwinds from GenAI-led deflation and geopolitics. Therefore, it has gone on to downgrade the ratings on HCLTech, Wipro and Tata Technologies.

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• India eases OPS rules for select compassionate appointments: Key details

The Centre has clarified that certain Central government employees appointed on compassionate grounds after January 1, 2004, may still be eligible for benefits under the Old Pension Scheme (OPS), provided their application for appointment was submitted before the NPS cutoff date.

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