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Adani Power's nuclear expansion depends on private-sector policy clarity

Adani Power said its plans to develop nuclear power projects depend on the government finalising rules allowing private-sector participation, with technology choices hinging on commercial viability

PVR INOX Q1FY27 result: Net profit rises to ₹56.5 cr; revenue up 11.9%

PVR INOX reported a consolidated net profit of ₹56.5 crore in the June quarter, aided by robust demand for films, higher ticket prices and strong growth in food and beverage sales

Cipla Q1 result: Net profit falls 39.2% to ₹789 cr; Dinesh Jain named CFO

Revenue from operations rose 2.3 per cent ‌to ₹7,119 crore, beating estimates of ₹7,073 crore

Adani considering launching airline to push into India's aviation market

The Adani Group is considering starting an airline, a move that could intensify competition in India's aviation market dominated by IndiGo and Air India

India and Myanmar deepen rare earths ties amid China supply concerns

India and Myanmar are strengthening cooperation on rare earths and critical minerals, as Centre seeks to diversify supplies of strategic resources dominated by China

Houthis target tankers in Red Sea, threatening new chokepoint in Iran war

The Houthis said they struck two Saudi oil tankers in the Red Sea as the US launched a fresh round of strikes on Iran, heightening concerns over global oil supplies and shipping routes

Asian stocks rise as tech earnings lift chipmakers; oil at six-week highs

Asian markets advanced after strong US technology spending plans boosted chipmakers, while escalating conflict in West Asia pushed oil to six-week highs and revived inflation concerns

Oil jumps over 2% to more than $95/barrel as conflict threatens transit

Brent crude climbed above $95 a barrel as US-Iran hostilities and Houthi threats to Red Sea shipping heightened fears of major oil supply disruptions

War could cut global growth to 1.3%: World Bank Chief Economist Gill

The World Bank warned that a prolonged US-Iran conflict could slow global growth to 1.3% in 2026, while fuelling inflation, higher interest rates and debt pressures

RBI likely used dollar deposit surge to cut record FX forward book

The RBI's package of measures aimed at ‌supporting the rupee attracted more than $20 bn as of July 17, with more than four-fifths coming from foreign currency non-resident deposits mobilised by banks

Paras Defence to invest ₹6,200 cr to set up chip packaging facility in MP

Paras Semiconductors signed a MoU with Madhya ​Pradesh government to jointly set up an outsourced ‌semiconductor assembly ​and test (OSAT) ‌facility in the Indore-Ujjain region

Oil prices extend gains on supply disruption fears, Brent tops $92

Brent crude futures rose $1, or 1.1%, to $92.01 a barrel at 0330 GMT while US West ‌Texas Intermediate crude climbed 82 cents, or 1.0%, to $85.16

Pakistan seeks $10 billion in US backstop facility to boost reserves

The request, which is being reported for the first time, follows Pakistan's role in brokering talks over the Iran war, which raised its diplomatic profile

Gold nears two-week high as Fed outlook, West Asia conflict stay in focus

Spot gold rose 0.9 per cent to $4,113.73 per ounce, as of 0123 GMT, having climbed to its highest since July 10

India's FMCG sector faces margin squeeze as costs spike amid strong demand

Marico and Godrej Consumer Products are among the most frequently preferred stocks across brokerages ahead of the earnings season that Nestle India kicks off on July 22

Houthi threats force Saudi crude tankers to reverse course in Red Sea

The Houthis announced a naval blockade on Saudi Arabia on Monday, opening a potential new front in the war and raising the threat to global energy supplies and trade beyond the Gulf

Weak UK jobs market holds steady as new PM Andy Burnham takes office

Average wage growth, excluding bonuses, rose by 3.4 per cent in the three months to May, matching the pace of increase in the ‌three months to April, and the joint-lowest since October 2020

Oil prices, weak monsoon pose biggest risks to India's FY27 GDP growth: IMF

The IMF warns that rising oil prices from West Asia tensions and an El Nino-hit monsoon pose key downside risks to India's 2026-27 economic growth outlook

Crime gangs snare more than $88 billion in scams in Asia-Pacific, UN says

The report estimated scam losses across East Asia, Southeast Asia, Australia ​and New Zealand between $88.3 billion and $114.1 billion for 2025

US imposes new 50% tariffs on $20 billion worth of Canadian products

In slapping import taxes on goods ranging from wine to cement, ice hockey gear, Trump invoked Section 338 of the Tariff Act of 1930, which permits a president to impose punitive tariffs of up to 50%