INR falls, stays under sustained stress

INR falls, stays under sustained stress


The Indian rupee stayed under pressure today. Indian rupee lost 52 paise at 95.77 per US dollar. US dollar index is holding steady today after a drop in the last session as markets accessed the inflationary trends in the US and war related stress kept overall mood volatile. Local stock markets ended with minor losses today amid cautious investor sentiment, as market participants monitored developments in West Asia. Trading remained volatile due to the weekly expiry of Sensex futures and options contracts. The Nifty is largely consolidating around two-month low. On NSE, USD/INR futures added 0.38% at 96.05.

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First Published: Jun 11 2026 | 6:04 PM IST



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IN-SPACe selects three space startups for funding under technology fund

IN-SPACe selects three space startups for funding under technology fund



The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has selected three Indian space startups—Astrobase Space Technologies, SatSure Analytics India and TM2SPACE Technologies—as the first set of Indian non-governmental entities (NGEs) to receive funding under its Technology Adoption Fund (TAF) scheme.

 


Following a rigorous multi-stage evaluation process conducted by an expert committee comprising members from the Indian Space Research Organisation (ISRO), the Department for Promotion of Industry and Internal Trade (DPIIT), the Department of Science and Technology (DST), industry, academic institutions and IN-SPACe, the three startups were selected for financial support to develop transformative space technologies aimed at strengthening India’s indigenous capabilities and enhancing its global competitiveness in the space sector.

 
 


Bengaluru-based space startup Astrobase Space Technologies Pvt. Ltd. will develop a high-thrust closed-cycle liquid rocket engine (800 kN) for space launch vehicles. The project aims to develop an 800 kN-class reusable LOX-LNG rocket engine with high efficiency and a modular architecture for medium- to heavy-lift launch vehicles, serving as a commercial propulsion solution for next-generation launch systems and orbital stages.

 


Bengaluru-based space analytics company SatSure Analytics India Pvt. Ltd. will develop Dhaarini, a Large Earth Observation Model (LOM) designed to serve as India’s foundational artificial intelligence (AI) platform for remote-sensing applications. Trained on diverse satellite and aerial datasets, the model will generate actionable insights across agriculture, infrastructure and disaster management, enabling data-driven decision-making at a national scale.

 


Hyderabad-based TM2SPACE Technologies Pvt. Ltd. will develop an indigenous AI-powered star tracker system for satellites, enabling the pointing accuracy required for high-resolution imaging and communication missions. The project will develop StarSense Lite for CubeSats and StarSense Pro for satellites above 50 kg, delivering high-precision attitude determination through advanced optics, electronics and onboard algorithms.

 


Pawan Goenka, chairman, IN-SPACe, said, “The selection of these projects under the Technology Adoption Fund (TAF) marks a pivotal step in our mission to transform Indian private entities into global space leaders. With this fund, our vision is to bridge the critical gap between early-stage development and commercial success. By offering this financial support, we are empowering the private sector to work on cutting-edge space technologies. These projects are not just innovative concepts; they are practical, market-ready solutions that will increase our footprint in the global space economy.”

 


Rajeev Jyoti, director, Technical Directorate, IN-SPACe, added, “IN-SPACe followed a rigorous, multistage evaluation process, selecting these three entities for funding. Spanning a reusable high-thrust rocket engine, a foundational EO-AI platform, and indigenous high-accuracy star trackers, these projects address critical technology gaps and have strong real-world potential to enhance India’s space capabilities. IN-SPACe received several proposals, and these three were selected as they closely aligned with the objectives and criteria of the TAF scheme. We encourage Indian companies to continue submitting proposals that meet the objectives of TAF.”

 


IN-SPACe will provide continued technical guidance, monitoring and milestone-linked disbursement of funds to ensure successful implementation of the selected projects.

 


The Technology Adoption Fund is designed to support Indian industry in absorbing, adapting and commercialising advanced space technologies, thereby bridging the gap between research and operational deployment.

 



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किस फॉर्मेट में खेला जाएगा 2026 टी20 वर्ल्ड कप? बारिश से लेकर जानें सभी नियम 

किस फॉर्मेट में खेला जाएगा 2026 टी20 वर्ल्ड कप? बारिश से लेकर जानें सभी नियम 


महिला टी20 वर्ल्ड कप 2026 (ICC Womens T20 World Cup 2026) की शुरुआत 12 जून (शुक्रवार) से हो रही है. इंग्लैंड की मेजबानी में खेले जाने वाले टूर्नामेंट में 12 टीमें हिस्सा लेंगी. यह दूसरा मौका है कि जब टी20 विश्व कप इंग्लैंड की मेजबानी में खेला जाएगा. यहां आपको टूर्नामेंट से जुड़ी सभी डिटेल मिलेगी, जिसमें फॉर्मेट से लेकर बारिश के निमय भी शामिल होंगे. 

किस फॉर्मेट में खेला जाएगा महिला टी20 वर्ल्ड कप?

टूर्नामेंट में हिस्सा लेने वाली 12 टीमों को 6-6 के दो ग्रुप में बांटा गया है. ग्रुप स्टेज में टीमें राउंड रॉबिन फॉर्मेट (हर टीम बाकी टीम से बराबर मैच खेलेगी.) में खेलेंगी. दोनों ही ग्रुप की टॉप-2 टीमें सेमीफाइनल के लिए जगह बनाएंगी. 

पहली बार हिस्सा लेने वाली टीम?

12 में से 11 टीमें पहले भी टी20 वर्ल्ड कप खेल चुकी हैं, लेकिन एक टीम पहली बार टूर्नामेंट का हिस्सा बन रही है. यह नीदरलैंड्स की महिला टीम है, जो पहली बार टी20 विश्व कप खेलेगी. नीदरलैंड्स ने क्वालीफायर में चौथा स्थान हासिल करके क्वालीफाई किया था. 

कितने वेन्यू पर होंगे मैच? 

टूर्नामेंट में कुल 33 मैच खेले जाएंगे. यह मैच 7 मैदान पर होंगे. इन मैदानों में- एजबेस्टन (बर्मिंघम में), ओल्ड ट्रैफर्ड (मैनचेस्टर), हेडिंग्ले (लीड्स), रोज बाउल (साउथैम्प्टन), ब्रिस्टल काउंटी ग्राउंड (ब्रिस्टल) और लॉर्ड्स (लंदन) और केनिंग्टन ओवल (लंदन) शामिल है. 

टूर्नामेंट में बारिश को लेकर नियम?

ग्रुप स्टेज मैचों के लिए कोई रिजर्व डे नहीं रखा गया है. बारिश या खराब मौसम के कारण अगर किसी ग्रुप स्टेज मुकाबले में बाधा उत्पन्न होती है, तो नतीजा निकालने के लिए कम से कम 5-5 ओवर का मैच होना जरूरी होगा. अगर मुकाबला रद्द हो जाता है, तो फिर दोनों टीमों को 1-1 प्वाइंट दे दिया जाएगा. 

सेमीफाइनल और फाइनल मैचों के लिए रिजर्व डे रखा गया है. इसके अलावा नॉकआउट मैचों के लिए 120 मिनट का एक्ट्रा टाइम भी रखा गया है. बारिश या खराब मौसम के कारण मैच में बाधा उत्पन्न होने की स्थिति में नतीजा निकालने के लिए दोनो टीमों को कम से कम 10-10 ओवर खेलने होंगे. अगर मैच रद्द होता है, तो ग्रुप स्टेज तक प्वाइंट्स टेबल में आगे रहने वाली टीम को आगे बढ़ा दिया जाएगा.

 

यह भी पढ़ें: W, W, W… ‘जीरो’ रन पर 3 विकेट, ऑस्ट्रेलिया से टूटा 23 साल पुराना शर्मनाक रिकॉर्ड; बांग्लादेश ने रचा इतिहास



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INR falls, stays under sustained stress

Bank credit growth spikes around 17.40% on year


The bank credit growth in India continues to remain firm. As per the latest data released by the Reserve Bank of India, total bank credit from All Scheduled Banks stood at Rs 220.26 lakh crore as of 31 May 2026, up 1.52% on fortnightly basis. It recorded a year-on-year surge of around 17.40%.

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First Published: Jun 11 2026 | 5:50 PM IST



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FIFA World Cup 2026: Why Haiti were forced to change their jerseys ahead of first World Cup return in 52 years

FIFA World Cup 2026: Why Haiti were forced to change their jerseys ahead of first World Cup return in 52 years


Haiti’s long-awaited return to the FIFA World Cup after 52 years have been overshadowed by a jersey controversy, with FIFA ordering the Caribbean nation to alter its kit just days before its opening match against Scotland.

The issue centres around a special design featured on Haiti’s World Cup jerseys that paid tribute to the country’s fight for independence. FIFA ruled that elements of the artwork could be interpreted as political and therefore did not comply with tournament regulations.

ALSO READ: FIFA World Cup 2026: Germany players pay bus travel costs for 600 fans amid transport price controversy


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FIFA objects to Haitian independence- themed artwork

The original jersey design included imagery inspired by the Battle of Vertieres the decisive 1803 battle that helped secure Haiti’s independence from French colonial rule.

The artwork depicted freedom fighters raising the Haitian flag and was intended to celebrate one of the most significant moments in the nation’s history. Haiti had already worn the design during pre-World Cup friendly matches against New Zealand and Peru.

However, FIFA informed the Haitian Football Federation that the imagery breached regulations prohibiting political, religious or personal messages on official tournament kits. As a result, Haiti agreed to remove the design ahead of their FIFA World Cup 2026 campaign.

ALSO READ: FIFA World Cup 2026: Germany players pay bus travel costs for 600 fans amid transport price controversy

Haiti calls FIFA decision a ‘Misinterpretation’

Officials connected to the Haitian team reportedly described FIFA’s ruling as a “misinterpretation” of the artwork’s purpose. According to the federation, the design was never intended as a political statement but as a tribute to Haitian history and national identity.

Kit manufacturer Saeta also defended the jersey, stating that it was created to honour the pride, resilience and spirit of the Haitian people after extensive consultation with the Haitian Football Federation.

The company said it complied with FIFA’s requests and successfully modified the design before the tournament.

The story behind the Polish flag on Haiti’s kit

While the independence-themed mural has been removed, another striking feature remains on Haiti’s World Cup kit, the colours of the Polish flag.

The inclusion is a tribute to Polish soldiers who deserted Napoleon Bonaparte’s army and joined Haitian revolutionaries during the struggle for independence in the early 1880s.

Historical accounts suggest that several Polish legionnaires refused to fight against Haitians seeking freedom and instead supported the revolution. Following Haiti’s independence, many were granted honorary citizenship and allowed to settle in the country. The symbolic design element remains one of the most unique historical references on any jersey at FIFA World Cup 2026.

Historic return after more than five decades

The controversy comes at a significant moment for Haitian football. Haiti’s only previous FIFA World Cup appearance came in 1974, when they faced Argentina, Poland and Italy in the group stage.

Now, after a 52-year wait, the Caribbean nation is back on football’s biggest stage and will begin its campaign against Scotland in Group C.

How to watch and stream FIFA World Cup 2026 in India

Multiple group-stage matches that will take place simultaneously will be aired across Zee5 app and website.

Link: https://www.zee5.com/



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