11:11 | There's now a hotline for Hormuz tensions — and more

Iran says there will be no return to "pre-war conditions" as it unveils a telephone hotline for the Strait of Hormuz, the world's most critical oil transit route.

Meanwhile, Qatar confirms 12 Indians are among those killed in a factory blast.

This edition of 11:11 also tracks the Trump administration's efforts to ramp up the US-China technology race with a quantum computing push, among other things.

Iran announces Strait of Hormuz hotline, says no return to 'pre-war conditions'

A telephone hotline and

a centre will be established to quickly resolve incidents in the Strait of Hormuz, the world's most important oil shipping chokepoint, Iran's top negotiator, Mohammad Bagher Ghalibaf, said.

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12 Indians among 13 killed in explosion at factory in Qatar: Officials

Twelve Indians were among 13 people killed in an explosion at a factory in the Ras Laffan Industrial City in Qatar, officials said on Monday.

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Trump signs orders calling for powerful quantum computer, targeting 2028

US President Donald Trump on Monday ordered a push to build a powerful quantum computer for scientific research and speed efforts to protect government systems from related cyber threats, bolstering US efforts in its race with China for a technology that could upend science and cybersecurity.

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Vedanta shares fall 7% after promoter Twin Star may have sold shares worth ₹2,150 crore

Anil Agarwal-owned mining conglomerate Vedanta Ltd. witnessed a block deal on Tuesday, June 23, where as many as 7.3 crore shares changed hands. The stock is down as much as 7% in early trading on Tuesday.

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'Buy' Meesho, Citi says, projects 23% upside on this differentiator

Shares of e-commerce platform Meesho are expected to be in focus on Tuesday, June 23, after global brokerage firm Citi initiated coverage on the stock with a 'Buy' rating.

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Gold edges lower, silver drops over 2% amid focus on US-Iran peace talks

Gold and silver prices traded lower on Tuesday (June 23) amid rising expectations of a US Federal Reserve interest rate hike and easing geopolitical tensions in the West Asia, which reduced demand for safe-haven assets.

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Tata Group stock gets its highest price target from UBS on hopes of another strong quarter

Shares of Tata Group firm Titan Company Ltd. traded marginally higher on Tuesday, June 23, after recovering from a weak opening. The stock had rallied in six of the seven trading sessions between June 12 and June 19 before witnessing some profit booking in the previous session.

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Rupee opens little changed against dollar amid fall in global oil prices

The Indian rupee opened marginally weaker at 94.69 against the US dollar on Tuesday (June 23), compared to Monday’s (June 22's) close of 94.68, as global currency markets remained cautious amid rising expectations of further US Federal Reserve rate hikes.

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India amends rules for receiving foreign funds

The government has amended the rules for receiving foreign funds requiring NGOs to choose from predefined list of purposes and their area of operation, allowing a range of faith-based activities while explicitly excluding proselytisation from several categories eligible for registration under the Foreign Contribution Regulation Act (FCRA).

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Telegram operational for some existing users, remains delisted on app stores

Instant messaging app Telegram became operational for some existing users on Tuesday morning but remained delisted on the application stores of Google and Apple. The government had temporarily imposed a blanket ban on Telegram until June 22 and sources indicated that there is no change or extension of timelines in the order.

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Himachal govt signs agreements for 19 hydropower projects worth ₹3,336 crore: CM Sukhu

The Chief Minister Sukhvinder Singh Sukhu-led Himachal Pradesh government has inked agreements for 19 hydropower projects with a combined capacity of 278 MW. This agreement entails an estimated investment of around ₹3,336 crore during the current year.

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