Business
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US extends ten percent baseline tariff on Indian goods
The TelegraphArchived
The United States extended a 10 percent baseline tariff on imports from India and nearly 60 other partners effective July 25, replacing lapsed Section 122 levies after a February Supreme Court ruling struck down reciprocal duties. Trade experts said the forced labour linked actio
AI palletizing market set to reach nine billion
Future Market InsightsArchived
The global AI palletizing and depalletizing market was valued at one point eight billion dollars in 2026 and is projected to reach nine billion dollars by 2036 at a seventeen point five percent CAGR, Future Market Insights reported on July 25. Hardware is set to hold fifty eight
Gold silver fall on inflation fears
Times of IndiaArchived
Gold fell over 2 percent and silver nearly 4 percent on July 24 as oil-driven inflation fears hit precious metals. Domestic gold traded around Rs 141800 per 10g from a peak near Rs 146000. India discounts hit a seven-week high up to $56 per ounce. MCX August gold settled at Rs 14
Sensex falls for a fifth straight session
The HinduArchived
Sensex fell over 330 points, down 0.43 percent, to close at 76,059.77 on July 24, extending losses to a fifth straight session. Nifty dropped 102 points to 23,767.45. Brent crude eased to 96.98 dollars a barrel after touching 100 dollars in the previous session amid West Asia ten
Eight Roads others sell up to nine percent Shadowfax stake
The Times of IndiaArchived
Eight Roads, Flipkart and IMM are selling up to 9 percent of Shadowfax in a $108 million block deal with a floor price of Rs 197 per share. The transaction allows early investors to partially exit the logistics platform. Shadowfax has grown as a last-mile delivery partner for e-c
Adani Group denies airline launch reports as baseless
NDTVArchived
Adani Enterprises on July 24 denied media reports of launching an airline as factually incorrect and baseless. The conglomerate said it is focusing on Rs 20,000 crore airport cities projects instead. The clarification came after speculation linked the group to aviation expansion.
Infosys falls after JPMorgan downgrade on results
The Economic TimesArchived
Infosys shares fell 2.6 percent to Rs 1,027 on July 24 after JPMorgan downgraded the stock to Neutral with a Rs 1,050 target. Jefferies cut its target to Rs 1,020 after Q1 profit of Rs 7,769 crore. Broker downgrades weighed on IT sector sentiment as investors reassessed growth ou
Sensex falls fourth day on crude surge
The HinduArchived
Sensex fell 363.66 points to 76,391.39 and Nifty dropped 126.65 points to 23,869.60 on July 23, extending losses to a fourth session. Brent crude jumped 4.52 percent to $98.32 per barrel amid West Asia tensions. Adani Ports, Bajaj Finance, IndiGo, Axis Bank, SBI and Tata Steel le
Sensex opens lower as Brent crude nears ninety five
NDTVArchived
Indian equity benchmarks opened lower on July 23 as Sensex fell about 300 points and Nifty dropped 100 points amid Brent crude near $95 during the US-Iran war. Nifty closed at 23,996.25 on Wednesday after a 191-point fall. GIFT Nifty indicated a weak opening. Analysts flagged cru
Escalating duties target India's US generic dominance
NDTVArchived
Indian pharma firms built scale supplying affordable generics across American pharmacies. A staged tariff ladder gives brief relief before punitive rates aim to reshore production. Exporters may reroute volumes or absorb costs, but margins on low-price molecules are thin. Washing
BPCL posts Rs 3962 crore Q1 loss
The HinduArchived
Bharat Petroleum Corporation reported a Rs 3,962 crore net loss for the quarter ended June on July 22, hurt by elevated crude prices amid the West Asia conflict and Hormuz tensions. Revenue still rose 23 percent year on year to Rs 1.61 lakh crore. Refinery throughput fell to 10.1
Indian refiners boost Russian crude imports
Economic TimesArchived
Indian refiners offloaded more than 2.3 million barrels per day of Russian crude at ports in June, with July flows near that level, Bloomberg vessel data show. Imports have surged from near zero before Russia's 2022 Ukraine invasion. The inflows come as Middle East exports fall a
Bansal Skyroot bet returns sixty fold
MoneycontrolArchived
Myntra founder Mukesh Bansal invested about Rs 12 crore in Skyroot Aerospace across three rounds from 2018 to 2020, and the stake is now worth roughly Rs 700 crore. Tracxn data cited in reports show partial exits above Rs 100 crore plus a remaining holding near 5.67 percent value
Sensex falls over 700 points today
Times of IndiaArchived
BSE Sensex ended at 76755.05, down 715 points or 0.92 percent, while Nifty50 closed at 23996.25, down 191 points on July 22. The broad selloff erased nearly Rs 4.25 lakh crore in combined BSE market capitalisation. Pharmaceutical stocks were among the biggest drags after Presiden
Bandhan Bank Q1 profit jumps 35 percent
Economic TimesArchived
Bandhan Bank reported a 35 percent rise in first-quarter net profit to Rs 502 crore on Tuesday, helped by lower provisions at Rs 683 crore. Operating profit fell 19 percent to Rs 1358 crore as staff and technology costs rose. Gross NPAs improved to 3.15 percent and advances grew
Maruti Suzuki announces price hike up to Rs 30000
The Economic TimesArchived
Maruti Suzuki India Limited on July 21 announced a price hike of up to Rs 30,000 across models effective from August 2026, citing sustained increase in input costs. India's largest automaker said input cost inflation remained elevated despite continuous cost-reduction efforts ove
Sensex falls 238 points Nifty dips 50 on July 21
Telegraph IndiaArchived
The BSE Sensex declined 238.41 points to settle at 77,470.11 and the NSE Nifty edged lower by 50.80 points to 24,187.70 on July 21. HDFC Bank dragged markets for a second day after disappointing quarterly earnings on the margin front. Escalating US-Iran conflict, rising crude oil
Oil prices fall amid proposed US Iran ten day ceasefire
VOIArchived
Oil prices fell on July 21 after reports that mediators proposed a 10-day ceasefire between the United States and Iran. Brent crude futures fell 96 cents to 88.26 dollars a barrel while WTI crude dropped 73 cents to 82.50 dollars. A senior Iranian official told Reuters Tehran had
No decision to raise ethanol blending beyond twenty percent
The HinduArchived
Union Minister of State for Petroleum Suresh Gopi told Rajya Sabha on July 20 that no decision has been taken to increase ethanol blending in petrol beyond the present 20 percent or to introduce ethanol blending in diesel for commercial use. Any future decision would require scie
Rupee falls 6 paise to 96.42 against US dollar
The HinduArchived
The rupee depreciated 6 paise to 96.42 against the US dollar in early trade on July 21 as heightened geopolitical uncertainty put pressure on Asian currencies. At the interbank foreign exchange market the rupee opened at 96.41 then touched 96.42, falling from its previous close o
Central Bank cuts reserve price for Wadia Thane land
Hindustan TimesArchived
Lenders led by Central Bank of India cut the reserve price for Wadia Realty's 95-acre land parcel in Thane to 1,375 crore rupees for an e-auction scheduled on August 20. Wadia Realty is the mortgagor and corporate guarantor of defunct Go Airlines India Limited formerly GoAir. The
Canada vows to protect workers after Trump 50 percent tariffs
The Times of IndiaArchived
Canadian Prime Minister Mark Carney on July 21 called US President Donald Trump's fresh 50 percent tariffs on select Canadian goods a direct violation of the Canada-United States-Mexico Agreement. Carney said Canada would work relentlessly and take any measures necessary to suppo
Paytm Q1 profit rises 78.8 percent to Rs 220 crore
Inc42Archived
Paytm reported Q1 FY27 net profit of Rs 220 crore on July 20, up 78.8 percent year on year, with revenue rising 28 percent to Rs 2,448 crore. The fintech flagged improved unit economics and payment volumes as investors assessed whether sustained profitability can offset competiti
HDFC Bank stock falls 5.12 percent on Q1 margins
The Hindu BusinessLineArchived
HDFC Bank shares fell 5.12 percent on July 20 after Q1 results showed net interest margin at 3.26 percent, triggering Rs 74,250 crore in investor wealth erosion. Markets reacted to margin compression and asset quality concerns as Dalal Street tracked bank earnings amid US-Iran oi
Sensex falls 443 points Nifty down ninety six
The Hindu BusinessLineArchived
Indian markets closed lower on July 20 with the Sensex ending at 77,708 down 443 points and the Nifty at 24,238 down 96. Axis Bank and HDFC Bank were the biggest losers on margin concerns. US-Iran tensions and Brent crude volatility weighed on sentiment as investors tracked Q1 ea
Finance ministry says no plan to scrap LTCG tax
The Economic TimesArchived
The finance ministry said on July 20 there is no proposal to scrap long-term capital gains tax on domestic equities and the 12.5 percent rate continues. An exemption for foreign portfolio investors applies only to government securities from April 2026. The clarification calms inv)
RIL Q1FY27 results draw bullish brokerage ratings
Business StandardArchived
Reliance Industries Q1FY27 results drew bullish brokerage notes on July 20 with firms maintaining Buy or Long ratings and raising EBITDA targets. Analysts highlighted strong retail and digital growth offsetting refining margin pressure. Jio subscriber additions and new energy inv
Sensex falls up to 670 points Nifty below 24200
The Times of IndiaArchived
Indian markets opened sharply lower on July 20 with the Sensex falling between 475 and 670 points and Nifty slipping below 24,200 amid West Asia oil fears. HDFC Bank and Axis Bank led declines as Brent crude approached 90 dollars. Investors tracked Q1 earnings while Hormuz disrup
Dalal Street eyes earnings oil prices and rupee weakness
MoneycontrolArchived
Indian markets ended the week to July 17 higher with Nifty rising 0.53 percent to 24,334 amid Q1 earnings optimism but West Asia tensions capped gains. Brent rose 15.91 percent to 88.10 dollars. The rupee hit a record low of 96.27. Analysts expect volatile trading from July 20 on
OpenAI stress test maps Big Tech exposure lines
MintArchived
Writer Ed Zitron warns that an OpenAI failure could resemble a Lehman moment for the AI investment boom. Mint maps how Microsoft, Nvidia, Oracle and Amazon would be affected. Oracle appears most exposed through roughly 300 billion dollars of compute commitments and 340 billion do
Rule of 1 percent upgrade beats tiny SIP hikes
MintArchived
Mint explains why raising the share of income invested by one percentage point each year works better than raising a SIP amount by one percent. Moving from 10 percent to 11 percent of income compounds far more than lifting a Rs 10,000 SIP to Rs 10,100. The rule of 1 percent upgra
EPF Scheme 2026 keeps 25 percent after withdrawals
MintArchived
Under the Employees Provident Fund Scheme 2026, members must retain at least 25 percent of their Eligible Member Balance after any partial withdrawal before retirement. The new scheme replaces the 1952 rules and took effect on July 1. Membership of at least 12 months is required,
Tamil Nadu near 100 percent MoU conversion in NITI index
The Hindu BusinessLineArchived
NITI Aayog's Investment Friendliness Index ranked Tamil Nadu third among states with a score of 53.3, behind Gujarat at 56.6 and Maharashtra at 53.7. The report credited Tamil Nadu with a near-100 percent conversion rate of investment MoUs into projects. Strong marks also came fr
Goldman Sachs cuts euro-dollar forecasts toward 1.12
eFXdataArchived
Goldman Sachs revised EUR/USD forecasts to 1.14, 1.12, and 1.12 at three-, six-, and twelve-month horizons, from 1.14, 1.18, and 1.20. The bank said dollar support against low-yielding currencies looks likely to last longer. It also raised its USD/JPY path to 162, 163, and 165 fr
Reliance Q1 profit reaches Rs 23,001 crore beating estimates
Telegraph IndiaArchived
Reliance Industries reported profit after tax of Rs 23,001 crore in Q1 FY27 on July 18, beating analyst estimates. Consolidated revenue rose 24.5 percent to Rs 340,257 crore from Rs 273,252 crore year-on-year. Year-ago profit of Rs 30,681 crore included a one-time Rs 8,619 crore
Sensex and Nifty rise over one percent bucking Asian selloff
Economic TimesArchived
India's Nifty 50 rose 261.55 points or 1.1 percent to 24,334.3 and the Sensex gained 964.58 points or 1.25 percent to 78,151.45 on July 18. Banking and IT stocks led gains as Asian markets fell on AI and semiconductor selloffs. Japan dropped 4.03 percent, Taiwan 6.5 percent and C
RBI invites bids for polymer plastic rupee notes
Economic TimesArchived
Bharatiya Reserve Bank Note Mudran invited global expressions of interest on July 18 from manufacturers to supply polymer substrate sheets with embedded security features for printing banknotes. Bids close August 18. If introduced, polymer notes would be a first for India after n
Reliance Retail revenue rises seven percent as JioMart orders double
The Hindu Business LineArchived
Reliance Retail reported Q1 FY27 revenue of 90,409 crore rupees on July 17, up 7.4 percent from 84,172 crore year-on-year in the quarter. JioMart average daily orders jumped 116 percent while transactions reached 568 million. Registered customers hit 396 million. EBITDA margin fe
Apple overtakes Nvidia to become world's most valuable company again
The GuardianArchived
Apple overtook Nvidia on July 17 to become the world's most valuable company at about 4.88 trillion dollars as Nvidia fell to 4.86 trillion after a 3.5 percent decline. Apple reclaimed the top spot since April 2025. Investors are reassessing artificial intelligence outlooks acros
Japan ex-minister blames India for bullet train delays
Telegraph IndiaArchived
Japan former justice minister Hideki Makihara of the LDP blamed India on July 17 for Mumbai-Ahmedabad High Speed Rail delays. He alleged India broke promises and excluded Japan from signalling decisions. India chose ETCS-Level 2 over DS-ATC. The 508-km project began in 2017 with
Sensex jumps 480 points on Tech Mahindra earnings
Telegraph IndiaArchived
Indian equities rose in early trade on July 17, with the Sensex up 480.95 to 77,656.56 and Nifty climbing 125.05 to 24,201. Tech Mahindra surged 28.4 percent after Q1 profit of Rs 1,465 crore. Infosys, TCS, HCL Tech, M&M and Reliance gained while Sun Pharma, Airtel, Trent and Ult
DGMA advises avoiding Indian seafarers on Hormuz routes
ANIArchived
India's Directorate General of Maritime Affairs on July 16 advised shipping companies to avoid deploying Indian seafarers on Hormuz Strait voyages until further orders, citing recent attacks on Mombasa B, Al Bahyah, GFS Galaxy, MT WEDYAN and AL REKAYYAT. Masters must heighten ISP
Wipro posts flat Q1 net profit at Rs 3352 crore
The HinduArchived
Wipro on July 16 reported net profit of Rs 3,352 crore, nearly flat year on year, as revenue rose 11 percent to Rs 24,479 crore in the June quarter. IT services revenue was $2.61 billion, down 1.4 percent. The board declared an interim dividend of Rs 2 per share. CEO Srini Pallia
DG Shipping asks firms to avoid Hormuz transit for Indians
Indian ExpressArchived
The Directorate General of Maritime Administration on July 15 directed shipowners, managers and recruitment agencies to avoid deploying Indian seafarers on vessels transiting the Strait of Hormuz until further orders. The advisory cited recent attacks on merchant ships including
Israeli envoy invites Indian firms to build airports in Israel
Daily PioneerArchived
Israeli Ambassador to India Reuven Azar on July 16 expressed hope that Indian companies will play a role in developing airport infrastructure in Israel. Following recognition of Guwahati's Lokpriya Gopinath Bordoloi International Airport and Navi Mumbai International Airport amon
India-Australia summit agrees uranium supply for nuclear programme
Indian ExpressArchived
The third India-Australia Annual Summit in Melbourne on July 9 agreed on uranium supplies from mineral-rich Australia to India's expanding nuclear power programme. Australia holds about one-third of global uranium reserves and previously restricted exports to NPT signatories. Can
First duty-free gold shipment leaves Calcutta under India-UK pact
Telegraph IndiaArchived
A 22 kg gold jewellery consignment worth Rs 27 crore was sent to the UK from Calcutta airport on July 16, the first zero-duty shipment under the India-UK CETA that took effect the same day. Darjeeling tea, betel leaves and coffee were also exported. Six Calcutta exporters joined
Coimbatore exporters welcome India-UK trade deal implementation
The HinduArchived
Exporters in Coimbatore welcomed the India-UK Comprehensive Economic Trade Agreement that commenced on July 15. Commerce Secretary Rajesh Agrawal presented a Certificate of Origin to AEPC chairman A. Sakthivel at a flag-off ceremony at Bharat Mandapam in New Delhi. UK High Commis
China economy grows 4.3 percent, among lowest on record
The GuardianArchived
China's economy expanded 4.3 percent in the three months to June, below the government's 4.5 to 5 percent target and among the weakest quarterly readings since the early 1990s. Data released on July 15 by the National Bureau of Statistics followed June customs figures showing exp
PM Modi says India-UK trade deal boosts farmers and MSMEs
The HinduArchived
Prime Minister Narendra Modi said on July 15 that the India-UK Comprehensive Economic and Trade Agreement will give fresh momentum to farmers, entrepreneurs and MSMEs. The deal came into force on July 15 along with a social security agreement. Modi said it offers duty-free access