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Sensex climbs 130 to 77,185 as Nifty edges above 24,078
Sensex rose 130.49 points to close at 77,185.43, while Nifty 50 gained 26.45 points to end at 24,078.50, driven by bank stocks and softer US inflation data.
Go Digit Life Insurance debuts pension plan with Nifty50 option
Digit Life Insurance has launched its Pension Plan, addressing India’s growing demand for tailored retirement income solutions amid rising life expectancy and inflation challenges.
India UK FTA starts, most Indian exports gain 0-duty access
The India-UK free trade agreement, effective July 15, 2026, offers zero-duty access to 99% of India's exports, benefiting labour-intensive sectors like textiles, leather, and gems.
UK brings FCA oversight to BNPL services starting July 15
New UK regulations from July 15, 2026, place "buy now, pay later" under FCA oversight, aiming to provide shoppers with stronger protections and a fairer credit experience.
India flags off 1st CETA batch to UK from Hyderabad
India and the UK operationalised their free trade agreement, marking the launch with the first export consignments from Hyderabad to the UK.
Gulf Lloyds to open ₹18.19cr IPO at ₹100 July 20-22
Ahmedabad-based Gulf Lloyds (India) plans to raise Rs 18.19 crore through its maiden public issue, opening from July 20 to July 22 at a fixed price of Rs 100 per share.
Google fights €1.49 billion AdSense antitrust fine in EU court
Google has urged Europe's top court to uphold a ruling that annulled a $1.7 billion fine, arguing flaws in the EU regulators' case over restrictive advertising practices.
DeepSeek seeks funds at $74B valuation before STAR Market IPO
Chinese AI leader DeepSeek plans to raise 50 billion yuan at a $74 billion valuation, sources say, as it prepares for a potential IPO on Shanghai's STAR Market.
Gold, silver fall as US inflation cools Fed hopes
Gold futures on MCX fell ₹983 to ₹1.41 lakh per 10 grams, while silver extended losses, tracking global bullion weakness amid softer US inflation data and rising crude oil prices.
Sensex closes at 77,185.43, Nifty above 24,078 amid profit booking
Indian equity benchmarks ended slightly higher on Tuesday as the Sensex gained 130 points and the Nifty closed near 24,070 amid profit-booking and global geopolitical concerns.
Income Tax Act 2025 stops deductions against presumptive income
The Income Tax Act, 2025 consolidates presumptive taxation under Section 58, disallowing loss set-offs and deductions, potentially increasing tax liabilities.
Advit Jewels shares jump nearly 13% after T2T exit
Advit Jewels shares soared 61% above their IPO price within 15 days, hitting Rs 222 intraday after exiting the trade-to-trade segment, boosting liquidity and trading activity.
Abakkus Mutual Fund launches large and mid cap fund NFO
Abakkus Mutual Fund, led by Sunil Singhania, has introduced the Abakkus Large & Mid Cap Fund, an open-ended equity scheme focusing on large-cap and mid-cap companies.
India launches ISM 2.0 ₹1.27L/cr announced by Ashwini Vaishnaw
The union cabinet has approved the Rs 1.27 lakh crore India Semiconductor Mission (ISM) 2.0, aiming to attract Rs 4 lakh crore investments and boost semiconductor localization.
India-UK FTA lowers UK luxury car prices in India
The India-UK Free Trade Agreement (FTA) reduces import duties on select UK-built luxury cars starting July 15, 2026, making models like Range Rover SV significantly cheaper.
Google promotes TPUs to neoclouds to challenge NVIDIA's market dominance
Nvidia reportedly offered financial incentives to Nscale after learning about Google's efforts to sell its Tensor Processing Units to neocloud providers.
India and UK launch trade deal cutting most British tariffs
India-UK trade pact eliminates duties on textiles, leather, footwear, gems and jewellery from July 15, boosting Indian exports and reducing commodity prices in Britain.
Table Space, CleanMax launch 2.7 MWp solar project in Karnataka
Table Space has signed a long-term agreement with CleanMax for a 2.7 MWp solar project in Karnataka, advancing its sustainability goals and reducing its carbon footprint.
Route Mobile plans AI platform after ₹34cr Helter Technologies deal
Route Mobile plans to globally launch its newly acquired AI-powered customer engagement platform from Helter Technologies, enhancing its non-SMS enterprise communication offerings.
India approves ₹62,500cr next PLI phase to boost mobile manufacturing
The Union Cabinet has sanctioned Rs 62,500 crore for the second phase of the mobile phone production-linked incentives (PLI) scheme to boost manufacturing and exports.
AI boom lifts Indian water stocks on data center demand
Water stocks in India have surged up to 45% recently, driven by rising demand for water in AI-powered data centres and government-backed infrastructure initiatives.
Cabinet clears 2.19L/cr for Semicon 2.0 mobile manufacturing and infrastructure
India's Cabinet approved a Rs 2.19 lakh crore outlay, boosting semiconductor manufacturing, mobile production, infrastructure projects, and fertilizer self-reliance initiatives.
Patanjali Foods shares down 20% today: What should investors do?
Stock price of Patanjali Foods has plunged nearly 20%, hitting a new 52-week low of ₹330.95 on the Bombay Stock Exchange (BSE).
MakeMyTrip wants to raise $1B+ via IPO in India
Online travel services platform MakeMyTrip is planning to file draft papers for an initial public offering (IPO) of over $1 billion, as per Moneycontrol.
Groww's Q1 net profit up 94% YoY to ₹735cr
Billionbrains Garage Ventures, the parent company of Groww, has announced its financial results for the first quarter of FY27.
You can now order LPG cylinders on Instamart in Bengaluru
Swiggy's Instamart has partnered with Hindustan Petroleum Corporation Limited (HPCL) to launch India's first on-demand Liquefied Petroleum Gas (LPG) cylinder delivery service.
AI demand pushes ASML 2026 revenue forecast to €43-€45 billion
ASML raised its 2026 revenue forecast to €43-45 billion, driven by soaring AI chip demand, while planning a 30% capacity expansion for EUV systems over the next two years.
Groww approved to offer direct US stock investing to Indians
Groww has obtained a licence to facilitate US stock trading on its platform. The feature is in testing and will launch post regulatory and operational finalisation.
Masayoshi Son defends selling $5.83B NVIDIA stake for AI
SoftBank CEO Masayoshi Son dismissed concerns about an AI investment bubble after selling the company’s entire Nvidia stake to fund ambitious AI projects.
IBM loses over $100 billion as clients favor AI infrastructure
IBM's stock plummeted 25% in six weeks, erasing $100 billion. While Indian IT firms face risks, their diversified revenue streams may cushion against similar shocks.
India's tourism, hospitality to add 3 million jobs by 2028
India's tourism and hospitality sector is set to generate 3 million new jobs by 2028, driven by rising domestic travel and expanding food service and accommodation businesses.
Bitcoin and ether ETFs recover with $181 million and $58 million inflows
Bitcoin and ether ETFs saw significant inflows Tuesday, with bitcoin funds adding $181 million and ether $58 million, as both assets rose up to 5%.
India startups build core technology as funding flows into AI
AI, semiconductors, clean energy, and healthcare are emerging as key drivers of startup funding in India, according to Jeenendra Bhandari, Chairman of JIIF.
Zoho co-founder Sridhar Vembu calls AI the technology to watch
Zoho co-founder Sridhar Vembu asserts that AI will dominate future technology, as Meta, Microsoft, and Google commit over $220 billion to AI infrastructure by 2025.
Teleperformance hires about 10,000 people annually in India for AI
India will be pivotal in French BPO giant TP's €100 million annualised AI-led cost-saving initiative, "Future Forward," says global CEO Jorge Amar.
SBI Funds IPO fully booked, GMP surges to over 16%
SBI Funds Management's ₹11,693 crore initial public offering (IPO) has been fully subscribed on the second day of bidding.
China's AI star DeepSeek plans IPO
Chinese artificial intelligence (AI) start-up DeepSeek has begun preparations for a landmark initial public offering that could see the company file as early as this year.
S&P Global Ratings downgrades Oracle to BBB- citing OpenAI dependence
S&P Global Ratings has downgraded Oracle’s credit rating to ‘BBB-’, citing OpenAI as a key risk, with the AI firm accounting for nearly half of Oracle's $638 billion RPO.
Most Wipro employees completed advanced AI-training, cutting planning-cycles and financial-close
Wipro revealed at its 80th AGM that most of its workforce has completed advanced AI training, while the company is scaling emerging roles like Full-Stack Data Analysts (FDAs).
PFRDA launches NPS PRIDE-DISHA to compare NPS fund performance historically
PFRDA has introduced NPS PRIDE-DISHA, an online tool enabling subscribers to compare historical pension fund performance using real contribution patterns.
China GDP growth slows to weakest pace since 2022
China's economy grew by 4.3% in Q2 2026, the slowest pace since late 2022. The slowdown is attributed to weak domestic demand, a prolonged property slump, and the global oil shock.
Instamart and HPCL launch on-demand LPG cylinder delivery in Bengaluru
Instamart partners with HPCL to introduce India's first on-demand LPG cylinder delivery service, enabling consumers to order HP Navya cylinders via a quick commerce platform.
Tata to invest $1B in shipbuilding in Kerala
The Tata Group has sought approval to invest $1 billion in shipbuilding in Kerala.
Apple just got a $32.8B lawsuit dismissed in US
A US judge has dismissed a class action lawsuit against Apple, alleging its failure to prevent the distribution of child sexual abuse material on its iCloud data storage service.
Why Google has been sued by publishers in the US
A consortium of leading publishers, including Hachette, Cengage, and Elsevier, has sued tech giant Google.
Wipro leans into sovereign AI amid rising data privacy concerns
Wipro identifies sovereign AI as a growing enterprise services opportunity, driven by geopolitical shifts and rising demand for localized AI models and infrastructure.
India ships 1st FTA garments cargo from Amritsar to UK
The inaugural cargo shipment under the India-UK Free Trade Agreement was ceremonially dispatched from Amritsar airport, marking a new era of zero-duty exports to the UK.
SK Hynix jumps nearly 13% in Seoul on AI optimism
SK Hynix shares soared 13% in Seoul as easing US inflation and growing AI-driven chip demand boosted South Korea’s semiconductor sector and global tech stocks.
Prem Watsa-led Fairfax Financial Holdings nears 60.7% IDBI Bank stake
Fairfax Financial Holdings, led by billionaire Prem Watsa, is the frontrunner to acquire a 60.7% stake in IDBI Bank, marking a pivotal moment in India's privatisation drive.
Laser Power and Infra IPO opens July 16 at ₹203-₹214
Laser Power & Infra shares will debut on the Indian stock market tomorrow, July 16, with a strong grey market premium (GMP) of ₹44, hinting at a robust listing.
Indian government to greenlight ISM 2.0 semiconductor plan with ₹1.25L/cr
India's upcoming semiconductor policy, ISM 2.0, with a Rs 1.25 lakh crore outlay, is set to boost equipment manufacturing and global supply chain integration.
Deepinder Goyal to launch Temple with peer-reviewed studies, metabolic tracking
Deepinder Goyal plans to launch the Temple wearable within a year, priced at $1,000. Peer-reviewed studies will accompany its release to validate health claims.
Apurva Shrivastava builds billion-dollar startup from missed calls since 2022
MIT graduate Apurva Shrivastava co-founded Avoca, an AI startup solving missed calls for home service businesses, now valued at $1 billion (around Rs 8,300 crore).
Sensex gains nearly 600 points
The Indian stock market has witnessed a strong rally today, with the benchmark indices Sensex and Nifty 50 rising over 0.5%.
Kusumgar IPO stock jumps over 50%, nearly 129x oversubscribed
Kusumgar shares soared 10% to hit the upper circuit after a strong stock market debut, listing at a premium of over 35% to its issue price.
SBI Funds Management IPO fully subscribed within 2 days
SBI Funds Management's ₹1.03-billion IPO was fully subscribed by the second day, driven by strong interest from retail and non-institutional investors.
IFSCA proposes direct listings in GIFT City to bypass IPOs
IFSCA has unveiled a draft framework enabling companies to list equity shares in GIFT City without an IPO, aiming to enhance liquidity and visibility for scaled businesses.
Bandhan Bank raises FD rate to 7.95% for senior citizens
Bandhan Bank has increased Fixed Deposit rates on select tenures, offering up to 7.95% for senior citizens, signaling its focus on strengthening its retail deposit base.
ASML Q2 revenue €9.3bn, profit up 26% on AI demand
ASML reported a net profit of 2.9 billion euros in Q2 2026, up from 2.3 billion euros last year, driven by robust semiconductor demand and AI-related investments.
Nomura warns of India's oil risk from Hormuz Bab al-Mandab
India faces heightened oil import vulnerability as over 50% of its Russian crude supply relies on the Red Sea route, now threatened by rising Hormuz and Bab al-Mandab risks.
Sun Pharma cleared to sell generic semaglutide in South Africa
Sun Pharmaceutical Industries has secured SAHPRA approval to launch its generic semaglutide injection for type 2 diabetes treatment, marking its second market entry after India.
Meta faces lawsuit for using biased AI in layoffs
A group of 26 former Meta employees has filed a lawsuit against the tech giant, accusing it of using artificial intelligence (AI) tools to unfairly target workers on leave for layoffs.
HSBC raises Adani Ports target to ₹2,200 maintains buy rating
HSBC raised Adani Ports' price target to ₹2,200, projecting a 21% upside. Improved governance, de-leveraging, and diversified growth drive the bullish outlook for the stock.
NVIDIA ships H200 AI chips to China after US approval
A U.S. official confirmed minimal shipments of Nvidia's advanced H200 AI chips to China, marking a contentious development amid ongoing U.S.-China technology tensions.
Bitcoin hits $64,700 as US inflation cools, Ethereum rises
Bitcoin surged to $64,700 as softer-than-expected US inflation data weakened the dollar, easing concerns over immediate Federal Reserve rate hikes.
Ather Energy shares rise after Hero MotoCorp announced up-to ₹1,000cr
Ather Energy's share price soared 9% to a 52-week high after Hero MotoCorp approved an additional ₹1,000 crore investment in the electric two-wheeler manufacturer.
Kusumgar lists at 37% premium over IPO price
Kusumgar, a manufacturer of engineered fabrics, has made a strong debut on the Indian stock market.
PSX KSE-100 plunges over 6,000 points amid US Iran tensions
Pakistan’s KSE-100 index dropped over 6,000 points amid panic selling as escalating US-Iran tensions in West Asia fueled fears of regional conflict and economic instability.
IBM loses $70B after CEO says firm 'faltered' on AI
IBM saw its shares plummet by a staggering 25% on Tuesday, following the release of disappointing preliminary second-quarter results.
Indian government to greenlight India Semiconductor Mission phase 2
The Union Cabinet is expected to soon approve ISM 2.0, aimed at developing India's entire semiconductor value chain over the next decade with expanded incentives and investments.
INR opens 96.12 vs USD despite oil gains, ₹739cr exit
The rupee gained 5 paise to 96.11 against the US dollar on Wednesday, supported by domestic equity markets despite geopolitical tensions and higher crude oil prices.
Indian stocks rally as Sensex hits 77,641.86, Nifty over 24,000
Sensex surged nearly 600 points, boosting investor wealth by ₹4 lakh crore, as broad-based buying defied escalating US-Iran tensions and rising crude oil prices.
Hero MotoCorp's early ₹205cr Ather Energy investment now worth ₹14,000cr
Hero MotoCorp's ₹2,400 crore investment in Ather Energy has surged to a valuation of nearly ₹14,000 crore, marking a 6x return and cementing its role in India's EV revolution.
Kusumgar shares surge 37% as 650cr IPO oversubscribed nearly 129x
Kusumgar shares listed on BSE at Rs 574, marking a robust 37% premium over the IPO price, following an impressive 128.85 times subscription in the primary market.
Blockchain tokenization reshapes trading of gold oil and copper
Cryptocurrency technology enables 24/7 trading of tokenised real-world assets like gold and oil, revolutionising traditional commodity markets.
NVIDIA tightens Asian whitelist to limit AI chips reaching China
Nvidia has implemented a strict "white list" system across Asia, disqualifying over half its buyers to prevent AI chips from reaching China through indirect routes.
Indian markets rally as Sensex jumps and Nifty crosses 24,150
Indian equity markets opened higher on Wednesday, tracking gains in Asian markets and Wall Street. Sensex rose 502 points to 77,557, while Nifty surpassed 24,150.
Indian rupee opens at ₹96.17 as US inflation slows
The rupee appreciated to Rs 96.17 per dollar on July 15, supported by softer US inflation data, while rising Brent crude prices posed concerns for the currency.
Oil prices surge past $85/barrel as US-Iran tensions escalate
Oil prices have surged past the $85-a-barrel mark, amid fears of supply disruptions in the Middle East.
US inflation dip boosts Indian stocks, Sensex up 520.41 points
Sensex surged 520 points and Nifty climbed above 24,200 as softer U.S. inflation data and easing tariff threats boosted global market sentiment on Wednesday.
India and UK roll out deal granting 99% duty-free access
Union Minister Piyush Goyal announced the implementation of the India-UK Comprehensive Economic and Trade Agreement, offering zero-duty market access for 99% of India's exports.
Stripe, Advent make $53B bid for PayPal
Payment processing company Stripe and private equity firm Advent International have made a joint proposal to acquire PayPal Holdings Inc.
IGX files IPO, IEX to sell up to 1.671cr shares
Indian Gas Exchange Ltd (IGX) has submitted draft papers to SEBI for an IPO, comprising an offer for sale of up to 16.71 million shares by Indian Energy Exchange Ltd.
South Korea's Kospi jumps 7% as AI memory chips rally
South Korea's Kospi soared 7%, driven by softer US inflation data and optimism in semiconductor stocks, despite ongoing Middle East tensions impacting global risk sentiment.
China's GDP growth slows to 4.3% in Q2 2026
China's economy grew 4.3% in Q2, missing the official target range of 4.5%-5%, marking its weakest performance in over three years amid domestic and external challenges.
Oil at $85 after U.S.-Iran clash over Strait of Hormuz
Oil prices surged past $85 as the US reinstated a naval blockade on Iran, escalating tensions in the Middle East and raising concerns over global energy supply disruptions.
E3 Electric. Ai raises ₹100cr from BluVenture to launch TRION
Bengaluru-based EV startup E3 Electric.Ai has raised ₹100 crore in a Series A round led by BluVenture Holdings to launch its AI-powered electric scooter, E3 TRION, soon.
TP adopts outcome based pricing as companies seek strategic AI
French firm TP sees growing demand for outcome-based contracts, with 7% of its revenue now tied to measurable business results like revenue generation and cost savings.
HCL Technologies shares slip 4.5% to ₹1,166.7 after Q1 results
HCL Technologies shares fell 4.5% to ₹1,166.7 as foreign brokerages reduced price targets, while domestic analysts remained optimistic about a potential upside from current levels.
RBI Governor Malhotra meets bank CEOs on AI, loan rules
Central bank governor Sanjay Malhotra discussed geopolitical complexities, artificial intelligence, and new expected credit loss (ECL) guidelines with bank CEOs on Tuesday.
IBM stock tumbles 25% after missing revenue and earnings targets
Indian IT stocks, including Infosys, Wipro, and TCS, may face volatility after IBM's shares plummeted 25% on Tuesday due to disappointing quarterly results and missed expectations.
Wall Street banks profit from AI tech deals and IPOs
Wall Street banks anticipate a multi-year AI investment surge, driving increased dealmaking, capital raising, and lucrative financing opportunities across markets.
Bank of England Governor Andrew Bailey urges international AI cooperation
Bank of England governor Andrew Bailey urged global collaboration to address rising AI risks, emphasizing no nation, including the US, can tackle cyber threats in isolation.
Nasdaq up as chip stocks rebound and banks report profits
U.S. stocks closed higher as June's cooler inflation data eased rate hike concerns, while strong bank earnings boosted sentiment despite ongoing Middle East tensions.
Krispy Kreme: buy 1 Original Glazed dozen get 2nd $0.89
Krispy Kreme marks its 89th anniversary on July 17 with a special offer: buy a dozen glazed doughnuts at regular price and get another dozen for just 89 cents.
Broadcasters warn new Indian telecom rules could disrupt TV delivery
Broadcasters voice apprehensions over draft rules proposing telecom-style regulation for TV services, including internet-delivered platforms.
Hachette, Elsevier and Cengage sue Google over Gemini book use
Major publishers and author Scott Turow filed a lawsuit against Google, alleging unauthorized use of copyrighted works to train its AI chatbot Gemini, violating copyright laws.
JPMorgan Chase posts record Q2 profit of $21.2B
JPMorgan Chase has reported a record profit for the second quarter of 2026, driven by strong growth in investment banking and trading revenues.
Warren Buffett has stopped donating shares to Gates Foundation
Warren Buffett, the Chairman of Berkshire Hathaway, has excluded the Bill and Melinda Gates Foundation from his annual charitable stock donations.
Why Modi government's ₹10,000cr ATF fund found no takers
In April 2026, a spike in jet fuel prices due to West Asia unrest nearly doubled the single-largest cost component for Indian airlines.
India to track services sector monthly with new index
In a major development, the Ministry of Statistics and Programme Implementation (MoSPI) has launched the Index of Services Production (ISP), India's first-ever monthly tracker for the formal services sector.
China's monthly car exports top 1M for first time
China's monthly car exports have surpassed the one million mark for the first time in June.
Volkswagen may cut 100,000 jobs
Volkswagen is planning to double its workforce reductions to 100,000 jobs, according to an internal message from CEO Oliver Blume.
Online gaming firms move SC to review 28% GST ruling
A group of online gaming companies has petitioned the Supreme Court, seeking a review of its May 27 judgment.
After SK Hynix, Samsung Electronics may get listed in US
Samsung Electronics is reportedly in the early stages of considering a possible sale of American depositary receipts (ADRs).
Will SpiceJet lose 4 Boeing 737 MAX aircraft?
China's Industrial and Commercial Bank of China (ICBC) has moved India's Directorate General of Civil Aviation (DGCA) for the deregistration and repossession of four Boeing 737 MAX aircraft leased to SpiceJet.
SBI has raised $200M via selling bonds
State Bank of India (SBI) has successfully raised another $200 million by tapping an existing bond issue due in July 2029.
Why Google is facing a competition probe in Switzerland
Switzerland's Competition Commission (COMCO) has launched a preliminary investigation into Google.
Tata holds India's top brand spot for 18th consecutive year
Tata Group has retained its position as India's most valuable brand for the 18th consecutive year.
Sensex falls over 600 points: Key factors behind today's decline
The Indian stock market witnessed a downturn today, with the benchmark Sensex falling over 600 points to an intraday low of 77,001.
Byju Raveendran's Singapore jail sentence upheld
The High Court of Singapore has rejected an appeal by Byju Raveendran, the founder of failed education start-up BYJU'S.
India's imports from China hit record high in H1 2026
India's imports from China surged by 21.8% in the first half of 2026, touching an all-time high of $79.41 billion, data from China's General Administration of Customs showed.
Not ₹1,160cr but ₹5.6L: Government body disputes rice-ethanol 'scam' scale
The Food Corporation of India (FCI) has dismissed allegations of a massive diversion of subsidized rice for ethanol production in Madhya Pradesh.
DeepSeek's Liang Wenfeng is now world's richest AI business founder
DeepSeek founder Liang Wenfeng has emerged as the world's richest artificial intelligence (AI) founder, according to the Bloomberg Billionaires Index.
Why India's competition watchdog fined laptop maker HP ₹14.3cr
The Competition Commission of India (CCI) has slapped a hefty fine of ₹14.28 crore on HP India and 16 of its resellers for colluding in the sale and supply of print hardware consumables.
Did JPMorgan boss had ties to Jeffrey Epstein?
Elizabeth Warren, a prominent Democratic senator and the ranking member of the US Senate Banking Committee, has written to Jamie Dimon, Chairman and CEO of JPMorgan Chase.
Why Paramount is being sued by 12 US states
A coalition of 12 US states led by California has filed a lawsuit against Paramount's proposed $110 billion acquisition of Warner Bros. Discovery (WBD).
IDBI Bank shares rise 3% today: Here we decode why
IDBI Bank's shares witnessed a spike of over 3% in early trade today, following reports of the government's approval for the lender's strategic disinvestment.
How NVIDIA will stop its AI chips from reaching China
NVIDIA has cut its list of approved AI chip customers in Asia by more than half, The Financial Times reported.