Indian equity benchmarks showed a volatile trend in intraday trade today, with the Sensex hovering near the 75,750 mark and the Nifty trading below 23,900. Several stocks saw sharp swings due to earnings, management commentary, corporate actions, and regulatory updates. Wipro shares rallied 4%, while LIC shares fell 50% due to a technical adjustment for a 1:1 bonus issue.
Gujarat has launched a 'Data Centre Policy' to attract Rs 6 lakh crore of investment and become a national hub for cloud, AI, and digital services. The policy offers incentives and streamlined approvals to enable 7.5 GW of data centre capacity.
India's government has launched pilot trials on ten routes to test the viability of hydrogen as a future fuel for transportation. These routes cover long-distance and regional corridors and aim to evaluate the performance, safety, and cost of using hydrogen for buses, trucks, and other commercial vehicles.
Microsoft's Building 87 in Redmond, Washington boasts the world's quietest place, an anechoic chamber that holds a Guinness World Record. Its "onion-like" design and soundproof surfaces provide a near-total absence of external noise, making even the slightest human sounds audible. Visitors are left with a strange sensation in this unique and isolated space.
Vedanta Aluminum, India's largest pure-play aluminium company, is expected to enter its next growth phase according to brokerage house Motilal Oswal. With a 'Buy' rating and a target price of Rs 540 per share, the company has emerged as a compelling structural story in the global aluminium space.
Indian Railways has upgraded the Brahmapur-Surat Amrit Bharat Express to a daily service, improving travel options for passengers between Odisha and Gujarat. The train will now offer more flexibility and better connectivity between eastern and western India. The new schedule and route have been announced, bringing relief to those who had to plan around its limited operating days.
Indian stock market extends winning streak, led by IT stocks. TCS' strong earnings and hiring boost sector. Sensex and Nifty record strong gains, crude oil prices ease and rupee strengthens. Broad-based buying seen across sectors, with analysts predicting improved domestic outlook and FIIs investing in select sectors. Top gainers on Sensex include Adani Ports, IndiGo, Tech Mahindra.
The Solapur Division of Central Railway has installed the Standard KAVACH system on the 149 km Solapur-Wadi section, which uses advanced technology to enhance safety and reliability. The system underwent successful trials and is equipped with 1,254 RFID tags to prevent collisions and generate emergency alerts for passenger and freight trains.
The government has given the green light for Dixon Technologies and Vivo Mobile India to form a joint venture to produce smartphones and other electronic devices in India. Dixon will have a majority stake of 51%, while Vivo will hold 49%. This venture is expected to boost Dixon's growth and revenue, with the brokerage firm predicting strong potential.
The countdown has begun for SBI Funds Management's Rs 11,692.91 crore IPO, set to open on July 14. The company's two promoters - SBI and Amundi India Holding - will earn a substantial amount through the Offer for Sale (OFS) structure. SBI, with a weighted average acquisition cost of only Rs 0.15 per share, could gain between Rs 6,992-7,364 crore.
East Coast Railway has announced special trains connecting Jagdalpur and Rayagada with Puri for the Rath Yatra festival. These trains will operate on select dates in July 2026, providing better connectivity for pilgrims from Odisha, Chhattisgarh, and Andhra Pradesh.
A landslide in the South East Ghat section has led to cancellations of several summer Special and regular train services on Central Railway. The landslide, caused by heavy monsoon rain, also blocked vehicular movement to Rajmachi Fort. Passengers are advised to check revised train timings and use NTES for updates. IMD predicts more rain, potentially affecting train operations in the coming days.
Just a day after US President Donald Trump claimed he is on Iran’s number one kill list, suggesting an assassination plot due to the targeting of top Iranian leaders, a report from the Wall Street Journal indicated that Israel’s intelligence had warned the US about this threat.
Football fans in Central London caused chaos after France's 2-0 win over Morocco, leading to clashes and police intervention on Edgware Road. Similar unrest was seen in London and Paris, resulting in injuries and arrests. A Met Police officer was attacked, emphasizing the dangers faced by law enforcement.
Fidji Simo, OpenAI's Chief of Product and Business, has announced that she is stepping down from her full-time role after her chronic illness became much worse. She said the past few months made her realise that recovering will take much longer than she had expected, and she now needs to put her health first.
India and Australia have signed a deal to ensure a steady supply of uranium for India's nuclear power plants, supporting its goal of reaching 100 GW nuclear energy capacity by 2047. The agreement covers critical areas such as defence, maritime cooperation, and education, while also reaffirming their commitment to open markets and rules-based trade.
Icra report warns that India's renewable energy goals are being hindered by delays in land acquisition, right-of-way clearances, and regulatory approvals. A third of newly commissioned clean energy capacity is facing curtailment due to temporary transmission access, highlighting the need for faster grid expansion. \
The Asian Development Bank has reduced India's GDP growth forecast for FY27 to 6.6% due to increasing energy costs. However, policy interventions and improved global conditions are expected to support growth. FY28 forecast remains at 7.3%, but risks of geopolitical tensions and agriculture weakness due to weather persist.
India, a top market for Formula 1, has not hosted a race since 2013. However, with a fan base of 78.9 million, there is hope for a successful revival. The government has set up a task force and Adani Group has taken over the Buddha International Circuit. Experts recommend a shift in the lone-promoter model and government partnership, along with monetization strategies, for sustained growth.
The Ministry of Heavy Industries plans to provide an interest subvention scheme to aid private bus operators in switching to electric buses. However, banks are hesitant to provide funding. The industry is also seeking common charging infrastructure, financial assistance, and longer-term funding from banks.
The Indian rupee strengthened with support from the Reserve Bank of India and a drop in oil prices, closing at 95.38 against the dollar. The central bank's interventions and lower importer demand also aided its performance. Despite being the top-performing Asian currency, the rupee may face challenges from geopolitical tensions and rising crude prices.
IMD reports that the southwest monsoon has finally covered the entire country after a delay of 36 days, the slowest in five years. Heavy rainfall is expected due to a low-pressure area in Uttar Pradesh and Uttarakhand. The overall deficit has reduced to 14.3%, benefiting kharif crops.
Indian benchmark equity indices rebounded by more than 1% on Thursday, with the Sensex rising 823.05 points and the Nifty reclaiming the 24,000 mark. The broader market outperformed the benchmarks, with the BSE MidCap and SmallCap indices advancing by 1.35% and 1.77% respectively.
PM Modi addressed the Indian diaspora in Melbourne, highlighting India's economic, technological and strategic ambitions. He mentioned Operation Sindoor, defence capabilities, Make in India, space ambitions, startup ecosystem, India-Australia partnership, and humanitarian outreach. He emphasized India's goal of becoming a top three economy and hosting major international events.
MeitY to review Meta's AI tool, Muse, for compliance with India's legal framework amid privacy concerns. Meta faces regulatory notices for child safety record on Instagram and WhatsApp username feature. The government will also assess if AI is impacting the growth of global capability centers in India. GCCs contribute to 2% of GDP, while IT and IT-enabled services remain the largest export sector.
The Indian ministry of heavy industries is ramping up support for battery recycling and advanced chemistry cells (ACC) to meet the country's growing storage demands. Collaborating with the EU, pilot projects for battery recycling are being developed. India's battery ecosystem is expanding beyond electric vehicles, with targeted policies and support for niche battery technologies being considered.
In June, electric bus registrations in India rose by 28.5%, making up 4.6% of total bus registrations. PMI Electro was the top performer with 24% of registrations, followed by Switch Mobility and Olectra Greentech. The government's encouragement for electrification and plans to deploy 24,000 electric buses in cities are driving this growth, which is expected to continue with state-level policies.
The Finance Ministry has removed basic customs duty on goods used in the production of lithium-ion cells, display assemblies, and inductor coil modules until 2029. This decision supports the Production Linked Incentive scheme to decrease import reliance and increase domestic value addition in the electronics sector.
India's data centre market is booming, with Maharashtra, Tamil Nadu, and Uttar Pradesh driving growth. Maharashtra is the leading market, followed by Tamil Nadu, and Uttar Pradesh is positioning itself as a key player with a new investment-friendly policy. Data centres are vital for the digital economy, providing essential services like cloud computing, banking, and e-commerce.
HMSI, India's second-largest two-wheeler company, plans to boost growth in FY27 through a focus on EVs and alternative fuels. Utilizing its global technological expertise, including high-blend ethanol technology, it will introduce flex-fuel products in India. To catch up in the EV market, HMSI is developing more competitive models.
Nissan has launched the all-new Tekton in India's midsize SUV market, with prices starting at Rs 10,49,000. The SUV is offered in 12 variants with two turbo-petrol engine options and is E20-compliant. Nissan aims to achieve 100,000 wholesale sales with the Magnite, Gravite, and Tekton. The Tekton is manufactured at the Renault-Nissan Alliance plant in Chennai and will be exported to 50 countries.
The Ghaziabad-Jewar Namo Bharat Corridor will improve connectivity between Ghaziabad, Noida, Greater Noida, and Jewar Airport, reducing travel time to 40-50 minutes. The project will cost Rs 20,640 crore and will have 12 stations and two depots. It will also provide easy connectivity with existing transport networks, including the Aqua Line of Noida Metro and the Delhi Metro's Red Line.
A satirical Twitter account pokes fun at Trump's confusion between Japan and Iran at the NATO summit, while also shedding light on the Iranian attack on a US carrier. The account, pretending to be a Republican congressman, fooled CNN with fake news about Senator McConnell's health. Despite Trump's error, Japan remains a strong ally with a growing Muslim community.
India's depository business is controlled by NSDL and CDSL, both facilitating electronic holding of securities. CDSL's ties with discount brokers give it an advantage over NSDL. Its faster growth in new demat accounts and strong association with discount brokers make it the preferred pick according to market experts, leading to its premium valuation.
India's first hydrogen-powered train will be launched by Prime Minister Narendra Modi on July 17 from Jind in Haryana. The train will run on the Jind-Sonipat route at speeds of 75-120 kmph and can accommodate 2,600 passengers. The Indian Railways plans to introduce 35 more hydrogen trains and is working on expanding this eco-friendly mode of transportation.
SpaceX's entry into the Nasdaq-100 Index has put the company in the investment portfolios of millions of people through retirement accounts, mutual funds and index-based investments. But veteran investor Jeremy Grantham believes the excitement around the company has gone too far.
The Indian Ocean Dipole (IOD) is a crucial climate phenomenon that can greatly impact India's southwest monsoon. A positive IOD, with warmer waters in the western Indian Ocean, can bring more moisture to India and counteract the effects of El Niño. Conversely, a negative IOD can worsen El Niño's drying impact and increase the chances of below-average rainfall.
The Maldives, known for luxury beach vacations, is seeing a shift towards quieter, untouched destinations like Raja Ampat, an Indonesian archipelago known for its marine life and rainforests. The luxury travel market is expected to reach $4700 billion by 2026, with a 6.5% growth rate. In 2025, the Maldives received over 2 million tourists, while Raja Ampat is gaining popularity.
In April, OpenAI, a top AI startup, experienced major leadership changes as three executives, including Kevin Weil, left in one day. Weil, a tech veteran, joined the board of Seattle-based startup Stoke Space, which is developing reusable rockets and has raised $1.34 billion. This company has ties to OpenAI's former CEO and is positioning itself as a competitor to SpaceX.
A Southwest Airlines flight to Las Vegas was diverted to Honolulu due to a passenger's medical emergency. The Boeing 737 MAX 8 issued a distress call and was met by emergency services. In another incident, a Delta Air Lines flight diverted due to an engine warning, and a cargo Boeing 737 in Pakistan is missing with five crew members.
Indian Railways has converted the Cherlapalli-Tiruchchirappalli special train into a permanent express train due to high demand and positive response from passengers. The weekly train will cover a long route connecting major stations in Telangana, Andhra Pradesh, and Tamil Nadu, providing a reliable travel option for students, workers, and other passengers.
India's IT sector is experiencing challenges due to macro uncertainty and AI-driven pricing pressure, leading to disappointing Q1 earnings for large-cap companies. However, midcap firms like Coforge and Mphasis are predicted to surpass expectations, with Nomura and Kotak Institutional Equities recommending them over traditional large-cap stocks.
Telangana's first private integrated oil palm complex, led by Godrej Agrovet, will be established in Khammam district with an investment of Rs 300 crore. It will include a processing unit, nursery, research center, and seed garden, and is expected to create jobs for 700 locals. This project aligns with the state's plan to increase oil palm cultivation and develop local processing capacity.
TCS, India's largest IT services company, will release its Q1FY27 earnings today after market hours. The stock has dropped 2% in intraday trade and 40% in the past year. Analysts anticipate a tough quarter due to low client spending and global market uncertainty. Management's comments on demand, pricing, and margins will be closely monitored. TCS remains a top choice despite current difficulties.
Brand marketing consultant and entrepreneur Nitin Ahlawat has shared a detailed account of the engine problems he says began after filling his Toyota with E20 petrol.
International cargo airlines are facing uncertainty as they prepare to move their operations from Mumbai's CSMIA to the new NMIA. Despite plans to start operations on August 1, regulatory approvals from DGCA and BCAS are still pending. This has left airlines in limbo, unsure if they will be able to meet the deadline or if there will be further delays.
Delhi-NCR faced heavy monsoon showers leading to waterlogging and traffic disruptions. While it brought relief from humidity, it caused challenges for commuters. The Delhi Government has directed all departments to stay alert and take quick action. Noida, Ghaziabad, and some areas in Delhi reported severe water accumulation. IMD predicts more rain and strong winds in the upcoming days.
Jalandhar Cantt Railway Station has been transformed under the Amrit Bharat Station Scheme, with improved facilities, expanded roofing, and better accessibility. PM Modi will inaugurate the upgraded station on July 17. The revamp includes energy-efficient lighting, slip-resistant flooring, new FOBs, and a second-entry building, at a cost of Rs 125 crore.
PM Modi welcomes AustralianSuper's AU$500 million investment in India and calls for deeper partnership in energy transition, clean technology manufacturing, and infrastructure investment. The investment reflects global confidence in India's growth story and PM Modi emphasizes potential collaboration in nuclear power.
Tata Consultancy Services (TCS) is set to announce its Q1FY27 results, with analysts expecting a subdued quarter due to AI-led pricing pressure and wage-hike-led margins decline. The IT giant is expected to report flat revenue growth in constant currency terms, with a decrease in margins due to the wage hike.
US President Donald Trump said on Wednesday that he still believes Iran is trying to assassinate him as fighting between the two countries continues and the ceasefire agreement appears to have collapsed.