11:11 | Trump signs Iran deal, Citi turns bullish on India as oil outlook improves, and more

Donald Trump formally signed the US-Iran peace memorandum at Versailles, paving the way for the reopening of the Strait of Hormuz and fresh nuclear negotiations, while falling oil prices are reshaping the economic outlook far beyond West Asia. Citi has upgraded India's FY27 growth forecast to 6.9%, betting on cheaper crude to boost growth and tame inflation.

 

Also in today's edition of 11:11, we track why a Wall Street firm says expensive valuations aren't always a warning sign, India's rising M&A

insurance claims, Jeff Bezos' prediction that AI will create worker shortages rather than replace humans.

 

Take a look also at how folks are taking an SIP route to crypto investing.

 

Trump signs US-Iran MoU at Versailles; Hormuz to reopen, nuclear talks ahead

US President Donald Trump on Wednesday, June 17, formally signed the Iran Memorandum of Understanding (MoU) at the Palace of Versailles in France. The interim accord lays out commitments aimed at ending hostilities, restoring maritime navigation, and creating a framework for future negotiations between Washington and Tehran.

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Fed outlook points to prolonged rate hikes beyond 2027: JPMorgan's Jahangir Aziz

The US Federal Reserve Chairman Kevin Warsh's latest policy communication suggests that interest rates could remain higher for longer, according to Jahangir Aziz, Co-head of Macroeconomic Research at JPMorgan. Aziz said the Fed's projections point to a sustained rate-hiking cycle, a signal that could shape market expectations ahead of upcoming policy meetings.

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A sharp increase in India's growth forecast: Citi turns more bullish after oil price downgrade

Global brokerage Citigroup has raised its FY27 real GDP growth forecast for India to 6.9% from 6.6%, citing a significantly improved macroeconomic outlook after its global research team cut its 2026 crude oil price forecast by $20 per barrel.

Tata Motors PV bear gives it the lowest target after JLR investor day sell-off, but CLSA bullish

Shares of Tata Motors Passenger Vehicles Ltd. traded mixed on Thursday, June 18, as brokerages remained divided on the company following Jaguar Land Rover's (JLR) Investor Day and its FY27 guidance, which came in below Street expectations.

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One of Dixon Tech's biggest bulls sees further legs to its growth outlook

Shares of Dixon Technologies (India) Ltd. are expected to remain in focus on Thursday, June 18, after global brokerage firm Macquarie reiterated its bullish stance on the stock and flagged potential upside from the company's proposed joint venture with Vivo.

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NSE files DRHP for IPO: 10 things investors need to know

India's largest stock exchange, National Stock Exchange of India (NSE), has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on June 17, 2026. The long-awaited listing marks a significant milestone for India's capital markets.

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'Expensive' valuations may not necessarily lead to underperformance, Jefferies explains

Brokerage firm Jefferies, in a note on Thursday, June 18, has highlighted eight examples over the last 15 years, where valuations may have become "expensive" but those sectors have still gone on to deliver strong returns over the next two to three years.

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India ranks among Asia's top markets for M&A insurance claims: Marsh

India has emerged as one of Asia's largest sources of insurance claims arising from mergers and acquisitions (M&A), highlighting growing scrutiny of financial, tax and compliance issues that surface after deals are completed.

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Jeff Bezos says AI will not replace humans, predicts worker shortage

Artificial ‌Intelligence will lead to labour shortages, not the replacement of humans, Amazon founder Jeff Bezos predicted in a highly optimistic appearance at the VivaTech technology conference in Paris on Wednesday.

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India to allow 3.78 lakh UK passenger cars at concessional duty during first 15 years

India will allow the import of 3.78 lakh units of conventional-engine passenger cars, including those in the mass segment, from the UK at concessional customs duty during the first 15 years of the implementation of the trade pact between the two countries.

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How to invest in crypto through SIPs

Systematic Investment Plans (SIPs) have long been associated with mutual funds, but the concept is finding its way into cryptocurrency investing as retail investors seek a more disciplined approach to a highly volatile asset class.

A crypto SIP allows investors to invest a fixed amount at regular intervals.

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