11:11 | US attacks Iran, oil rises, Reliance-Meta partner for AI data centre, Philippines, AMFI data and more

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• Reliance Industries partners with Meta for AI-enabled data centre in India

Reliance Industries Ltd. and Meta Platforms have announced a significant expansion of their strategic partnership with an agreement for an AI-enabled data centre in India. In its statement on Wednesday, June 10, Meta said that the data centre will be located in Jamnagar, Gujarat, and reaffirmed Meta's commitment to India.

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• Oil rebounds after fresh US strikes on Iran, shrinking inventories support prices

Oil prices rose on Wednesday, June 10, recovering from multi-week lows hit in the previous session, as fresh US military strikes on Iran raised concerns about the stability

of a fragile ceasefire in West Asia and supply data pointed to tighter crude markets.

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• US launches 'self-defence' strikes against Iran after Apache helicopter downing

US forces carried out "self-defence" strikes against Iran on Tuesday evening US time, a few hours after US President Donald Trump blamed Iran for shooting down an American military helicopter off the coast of Oman.

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• Import dependence: Step up your game India Inc

Increased integration and interdependence among countries is a fact of modern economies. This has undoubted strengths. Its pitfalls were evident when tremors in one region of Asia were felt worldwide. India was no exception — its dependence on imports is well known, and it is not just in oil and gas but also a whole host of raw materials, intermediates and capital goods.

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• 120 kmph winds sweep Delhi, matching Palam record after 24 years

As strong dust-laden winds swept across the national capital on Tuesday evening, the Palam station recorded a peak wind speed of 120 kmph, matching its previous such record in 2001, according to the IMD data. The weather station experienced 120 kmph of gusty winds between 6.50 and 6.52 pm on Tuesday.

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• 32,000 displaced after Philippines quake kills 37 and damages thousands of homes

Rescuers searched ruined buildings in the southern Philippines on Tuesday to ensure no one was still trapped a day after one of the strongest earthquakes to hit the country in a half-century killed at least 37 people and displaced more than 32,000.

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• CMR Green Technologies Listing: Second-most subscribed IPO of 2026 set for a strong debut

After a strong response to its ₹631 crore IPO, shares of CMR Green Technologies Ltd. are set to make their stock market debut on Wednesday, June 10. Non-Institutional Investors or NIIs placed bids for 172 times the total number of shares reserved for them, while retail investors, which have mostly stayed away from IPOs this year due to the market conditions also bid for 27 times the total number of shares reserved for them.

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• In pictures: Meet the 7 future stars of FIFA World Cup 2026

As the countdown to FIFA World Cup 2026 continues, a new generation of talent is preparing for its moment. These seven wonderkids have already impressed for club and country, and North America could be where they take the next step towards football superstardom.

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• US home sales surge to the fastest pace this year despite rising mortgage rates and prices

Sales of previously occupied US homes accelerated last month to their fastest pace since December, a sharp turnaround in demand after a lacklustre start to the spring homebuying season.

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• Bombay HC rejects Lilavati Trust's defamation plea, says HDFC Bank's claims were truthful

The Bombay High Court on Tuesday dismissed an interim application filed by the Lilavati Kirtilal Mehta Medical Trust, which runs Mumbai's Lilavati Hospital, seeking to restrain HDFC Bank, its Managing Director and CEO Sashidhar Jagdishan, and others from making allegedly defamatory statements against the Trust and its members.

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• Oman India Fund sells Capital Small Finance Bank shares worth ₹37 crore

Oman India Joint Investment Fund II (OIJIF II), a private equity investment firm promoted by the sovereign wealth fund of the Sultanate of Oman and State Bank of India, sold a 3.65% stake in Capital Small Finance Bank through a block deal on the National Stock Exchange on Tuesday.

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