SBI Funds Management, India's largest asset manager, debuted on the secondary market with a 7% premium from its issue price. Emkay Global and Equirus Securities gave positive coverage on the stock, citing SBI's brand, distribution, and potential for growth in the mutual fund market. SBI AMC is expected to benefit from the evolving investment needs of Indians.
A Kalitta Air Boeing 777 had a tailstrike while landing at Cincinnati/Northern Kentucky International Airport, causing fiery sparks on the runway. Witnesses recorded the incident and the company's COO confirmed the safe landing. The FAA stated the plane departed from Brussels. The cargo airline renewed its partnership with ACL Airshop to enhance cargo operations.
Indian-origin Kanishka Narayan becomes UK's first AI minister to attend Cabinet, retaining his role and gaining cabinet status under new Prime Minister Andy Burnham. Narayan, a Labour politician from Wales, has a background in economics and business, and has pledged to create 1,000 job opportunities for Vale residents by 2030.
Thousands of farmers from Punjab, Haryana and other parts of the country started marching towards Delhi on Tuesday morning to attend a mahapanchayat at Kisan Ghat. The farmers are protesting against the proposed India-US trade deal, which they fear could hurt Indian agriculture and the livelihoods of farmers and agricultural workers.
Chris Fall, the head of US Centre for AI Standards and Innovation, has resigned after only three months in the role. This adds to the list of resignations in the current administration. Arvind Raman, director of National Institute of Standards and Technology, will temporarily take over. No replacement has been announced, but Raman, an Indian-origin, is searching for potential candidates.
India on Monday condemned an attack on a merchant ship near Ukraine’s Odesa port that killed four Indian sailors and left another critically injured.
The incident took place on Sunday evening, July 19, when the MV Golden Leo came under attack while leaving the Ukrainian port. The ship had 17 crew members on board, including five Indian nationals.
GIFT Nifty cautiously started Tuesday's trading session below the 24,200 mark, down 0.7%. Global market trends, crude oil prices, gold and silver rates, Q1FY27 earnings, and SBI Funds Management's stock market debut will be closely watched. Indian benchmark indices ended lower on Monday, while US stock futures were trading higher.
The Trump administration on Monday announced a fresh 50% tariff on certain goods imported from Canada. According to the White House, the move comes in response to what it called Canada's "discriminatory treatment" of American cars, alcohol and dairy products.
Reliance Industries, led by Mukesh Ambani, is aggressively expanding its clean energy and digital commerce businesses. The company plans to commission 20 GW of solar and 40 GWh of battery manufacturing this year, with a goal to scale up to 120 GWh. Along with its renewable energy venture, Reliance Retail is also investing in hyperlocal delivery infrastructure and a revamped JioMart app.
Lamine Yamal is a World Cup champion at 19 — and already owner of a €14 million Barcelona mansion once shared by Gerard Piqué and Shakira, complete with six bedrooms, a Mediterranean view and a private recording studio.
The Indian stock market opened the week with a decline due to various factors such as banking stocks, crude oil prices, and geopolitical tensions in the Middle East. Private banking stocks, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, saw a heavy sell-off after announcing Q1FY27 earnings.
Silicon Valley investor and venture capitalist Vinod Khosla has criticised the US government's latest immigration rule, saying it could weaken the country's future in technology and innovation.
HDFC Bank and Axis Bank were the biggest losers in the banking sector as their Q1FY27 earnings disappointed investors. This led to selling pressure across most banking counters, causing the Nifty Bank index to trade 1.5% lower. However, a few public sector banks managed to hold their ground.
Gujarat's data centre policy is set to attract a massive Rs 6 lakh crore investment and decrease operating costs by 22%. With plans to add 7.5 GW of data centre capacity, the policy promotes renewable energy by mandating 51% electricity from renewable sources. This could drive a demand for 45-137 GW of solar capacity, significantly increasing its share in power.
RIL's stock rises 1% after Q1 earnings, Motilal Oswal retains 'Buy' rating with lowered target price. Q1FY27 sees a strong rebound in energy profitability, offsetting weaker retail performance. Jio is expected to be the primary growth engine, with ambitious targets set for Reliance Retail. Capex peak behind, free cash flow generation expected to lead to net debt decline.
The new trading week will see close monitoring of global markets, crude oil and precious metal rates, and Q1FY27 earnings. Indian equities may open cautiously with GIFT Nifty, while last week ended with strong gains for Indian benchmark indices. Asian markets are mixed, US stock futures are up, and US markets closed lower on Friday. Domestic investors are increasing their equity holdings in India.
US President Donald Trump was loudly booed by many at the FIFA World Cup final on Sunday when he stepped onto the field at MetLife Stadium in New Jersey alongside FIFA President Gianni Infantino.
HDFC Securities' discount broking platform, HDFC SKY, has integrated smallcase-powered model portfolios into its platform, offering users curated baskets of stocks and ETFs. This reflects the growing trend in India's online broking industry to differentiate themselves by offering research, investment ideas, and portfolio management tools.
The export diversification strategy has resulted in significant growth in exports to countries outside Europe and NAFTA, such as ASEAN and Africa. In the first quarter of this financial year, exports to these regions saw impressive growth, while exports to the US and Europe declined.
The NEP 2020 has introduced changes in the education system, including revised curricula, new assessments, and teacher training. However, the focus on creating a meaningful experience for students is lacking. Despite schools implementing NEP policies, students still face pressure, comparisons, and judgmental assessments.
Maruti Suzuki will launch the Brezza facelift on July 24, featuring a 1.0-litre Boosterjet turbocharged petrol engine. This launch comes as the Brezza faces tough competition from the Tata Nexon, which has dominated the compact SUV segment due to its multi-powertrain strategy. Tata's ability to offer petrol, turbo-petrol, diesel, CNG, and electric options has given it an edge over Maruti.
Car owners often focus on comparing vehicle features instead of insurance, but as repair costs and vehicle technology increase, considering long-term financial value is crucial. A bundled 1+3 year plan for new car buyers offers protection against inflation and premium increases, with upfront discounts and coverage for claim shocks.
Australian universities, such as VU Delhi NCR, Flinders University, and Deakin University, are increasing their presence in India. VU received UGC approval during PM Modi's visit and will begin classes in August, offering degrees in Business, Data Science, Cyber Security, and IT. Flinders University plans to open an international campus in Bengaluru by 2027.
AI and digitalisation will greatly boost the oil and gas industry, with a potential value creation of $500 billion by 2030. E&P companies investing in these technologies could earn an extra $80 billion annually. The greatest potential lies in subsurface workflows, where AI is reducing timelines and costs. With accelerated adoption, the industry could generate over $300 billion by 2030.
IMFA, a top Indian metals and ferro alloys company, will invest ₹4,000 crore to double production, expand mining, use more renewable energy, and enter ethanol and critical minerals. Already invested ₹2,000 crore, plans ₹1,500-2,000 crore more. With growing demand for stainless steel, IMFA aims to boost local sales and exports. Company also prioritizes diversification.
Tata Consultancy Services (TCS) has used AI to transform Oslo's Munch Museum, allowing visitors to create their own drawings and connect with the museum's archive. Other museums, like the Rijksmuseum in Amsterdam, are also utilizing AI to improve the visitor experience and increase accessibility.
Rikant Pittie, CEO and Co-Founder of EaseMyTrip, talks about his efforts to grow the travel industry by venturing into experience-led segments and promoting initiatives like EasyDarshan and EV-led mobility solutions. He prioritizes understanding consumer needs and fostering an entrepreneurial mindset, while also making time for his personal interests in travel, technology, and content.
Wendy's, a global QSR brand, initially struggled in India due to limited availability and high prices. But with new master franchisee Rebel Foods, they have seen success with 250 stores and Rs 200 crore in revenues. Rebel Foods has implemented four key strategies to drive growth, including expanding to new regions, introducing local flavors, and adopting an omnichannel model.
Amul, the renowned dairy brand, turns 80 this year with a turnover of Rs 1 lakh crore, a first for any food brand in India. Its success lies in its social commentary and marketing tactics. Serving consumers and producers, Amul has diversified its product range and empowers farmers through its cooperative foundation.
The Tempt ICY is a compact and practical gadget that combines a fan and cooling plate for instant cooling on the forehead, neck, or wrist. With strong airflow, a 4,000mAh battery, and a price of around ₹2,000, it offers a balance between regular fans and high-end cooling devices. Its 14000+ RPM Turbo Speed, fast recharge, and 12-hour runtime make it a convenient choice.
OnePlus has launched the Pad 4, a tablet aimed at professionals and students looking for a work device. It boasts a large 13.2-inch 3.4K display, Qualcomm's Snapdragon 8 Elite Gen 5 chip for high performance, a large cooling system, and a long-lasting battery with 80W fast charging.
The Women Farmers Empowerment Act in Maharashtra recognizes women in agriculture as farmers and provides them with a certificate to access government schemes and benefits. This legislation aims to bring women agricultural laborers into government records and provide them with equal benefits as male landholders.
Experts call for higher and more frequent revisions of minimum wage in India, as current levels have been stagnant for a decade. Government working to form Central Advisory Board to recommend first statutory national floor wage. Proposed wage could help address low wages in informal sector, but may impact companies' balance sheets and inflation.
India's economy is well-prepared to handle external disruptions, including the recent Iran-US tensions, due to diversified energy supplies and resilience to manage shocks. The country is expected to sustain economic growth and mitigate fiscal pressures with adequate access to oil supplies.
The IPO market has received a significant boost as SBI Funds Management's issue was oversubscribed 41.66 times, raising hopes for other major listings. 177 companies have approval to raise Rs 2.94 lakh crore, while 71 companies are waiting for clearance to raise Rs 1.84 lakh crore.
The electric scooter market in India is rapidly growing, with a 75% increase in registrations in June 2026. Major players like TVS and Bajaj have found success in the Rs 1-1.25 lakh segment, leading other brands like Hero MotoCorp, Honda, and Ather to enter this market. Smaller players like Simple Energy are also joining in.
Samsung Electronics America (SEA) is making workforce changes at its New Jersey office, possibly resulting in relocation or role optimization. However, this is not a complete layoff as relocation options are being offered. The headquarters will move to Texas by 2026. The decision follows a 19-fold increase in profits thanks to AI chip demand and future plans.
Martha Stewart, at 84, has a strict morning routine that includes waking up at 4 a.m. to read, do puzzles, and exercise before starting her day. Her discipline and schedule have been crucial to her success and have made her a role model for many. Her detailed routine has resonated with those seeking structure and balance in their lives.
US Department of State issues new travel advisory urging increased caution for Americans abroad, especially in the Middle East, due to escalating tensions and potential for unforeseen dangers. US military reports two American service members killed in Jordan, with a third missing, as US forces launch new airstrikes against Iran.
The Monsoon Session of Parliament starts on July 20 amidst protests over government's invitation to rebel MPs. The government wants a smooth session, but rebel alignments have changed the lower house arithmetic. Key bills on income tax, Supreme Court judges, birth and death registration, national honor, and MSME will be discussed.
The Arunachal Pradesh Cabinet, led by Chief Minister Pema Khandu, has approved a package of Rs 7,834 crore for four comprehensive schemes to improve infrastructure, power, education, and rural connectivity. These schemes will bring together central and state initiatives to bridge development gaps.
The Kasheli Depot for Mumbai Metro Line 5, which is currently 23% complete, will support the operation of trains on the 32-km Thane-Bhiwandi-Kalyan-Ulhasnagar corridor. It will have facilities such as a workshop line, inspection bays, a test track, and a Depot Control Centre. The depot will also play a crucial role in maintaining and ensuring the safety and reliability of services.
The Aadhaar app has been downloaded 4 crore times and has recorded 11 lakh address changes and 49 lakh mobile number updates. It offers features like biometric lock/unlock and e-Aadhaar download, making it a convenient platform for managing personal details and accessing Aadhaar services.
The Cockroach Janata Party (CJP) accused the police of preparing for a crackdown at Jantar Mantar, where supporters of Sonam Wangchuk's protest have been gathered. The group claimed that the presence of water cannons was a warning sign of authorities planning to disperse the peaceful demonstrators.
In the 2026 FIFA World Cup final, Argentina and Lionel Messi aim to defend their title by defeating Spain. However, their biggest challenge may not be on the field as Drake has placed a $1.5 million bet on Argentina to win, reigniting fears of the "Drake Curse" and his history of losing large sums of money on sports bets.
Sonam Wangchuk urges supporters to join a march to Parliament on July 20, calling it "India's second freedom movement." His handwritten note was shared through his wife, who alleges his "illegal detention" at Safdarjung Hospital. Wangchuk's message seeks to mobilise support for the planned march, which he describes as "India's 2nd FREEDOM MOVEMENT."
Indian military to fly domestically assembled Airbus C-295 transport aircraft as part of 'Aatmanirbhar Bharat' initiatives. Civil Aviation Minister Rammohan Naidu Kinjarapu visited Tata Advanced Systems Limited’s Vadodara plant and praised the project, highlighting India's growing capability to manufacture sophisticated military and civil aircraft.
Spain and Argentina, the champions of Europe and World/Copa America, will meet in the FIFA World Cup final. Spain, known for their ball possession skills, beat France in the semis, while Argentina, led by Lionel Messi, has made impressive comebacks. Both teams have had a tough journey to the final, with Spain facing a tactically disciplined Argentina.
PNB's MD & CEO Ashok Chandra reveals plans to attract $2.5 billion in FCNR(B) deposits and expand their NRI customer base. The bank is confident in achieving its target and has seen a 17% growth in current account deposits. PNB also aims to enter the wealth management business, but will not offer higher leverage for deposits.
Skoda Auto Volkswagen India's India 2.0 project, launched with a 1 billion euro investment, faces hurdles in achieving its 5% market share goal by 2025. The Skoda Kylaq has been a success, but the group's overall market share is only 2.44%. Obstacles like tough competition and operational challenges have hindered the project's progress.