Business

Oil heads for weekly gain as Middle East supply risks persist

On Friday, oil prices saw a modest increase as they aimed for weekly gains. Renewed hostilities between the US and Iran have severely limited shipping activity in the Strait of Hormuz, leading to a virtual halt in tanker traffic. This disruption followed Iran's burial of its late supreme leader, Ayatollah Ali Khamenei. Despite this, market confidence in diplomatic efforts appears to be restraining oil price surges.

Spain wildfire: 12 die, 23 remain missing; probe into cause continues — key updates

The wildfire broke out near the villages of Los Gallardos and Bédar in Almeria province, a region popular with foreign tourists and expatriates.

Strait of Hormuz threat remains ‘severe’; US-backed JMIC tells mariners to use expanded southern route

The advisory said the expanded southern route through the Strait of Hormuz remains available for all commercial traffic, even after recent attacks on merchant vessels.

Retail space rent in Delhi's Khan market rises 9pc annually in Apr-Jun: C&W

Retail rents in Khan Market, Delhi, have soared by nine percent annually, reflecting a robust retail sector. Notable areas like Galleria Market and Connaught Place recorded increases of four and two percent respectively. Meanwhile, South Extension I & II experienced the highest surge at ten percent. Overall, leasing activity in retail spaces across Delhi-NCR doubled during the April to June timeframe, marking a significant uptick in market dynamics.

US stocks today: US stocks open steady ahead of SK Hynix listing; Middle East in focus

Wall Street opened steady as investors tracked SK Hynix’s much-awaited Nasdaq debut and rising Middle East tensions. The Dow and S&P 500 edged higher, while Nasdaq slipped slightly. Markets remained cautious amid inflation concerns linked to geopolitical risks, even as optimism around tech listings supported broader sentiment.

Trump ousts election commission members in latest push to reshape voting process: ‘Not totally aligned with…’

The White House said the president reserves the right to remove individuals who are not “totally aligned” with the administration's goals for election security.

‘Judicial servant, I order you…’: Litigant throws papers, hurls abuses during SC hearing

The SC bench reportedly took no action against the unruly petitioner for his behaviour.

Reliance Industries, Jio Financial announce Q1 earnings dates. Check details

Reliance Industries and Jio Financial Services will report their June-quarter earnings next week. Reliance Industries' board meets Friday, July 17, 2026, for financial results. Jio Financial Services will announce its first-quarter results on Thursday, July 16, 2026. Investors will monitor updates on key businesses and financial services plans. These announcements come as the broader market enters the results season.

Anupam Mittal impressed by Bengaluru college where students graduate with startups | Viral post

Anupam Mittal interacted with students, founders and builders across the campus, getting a first-hand look at the kind of AI-led work emerging from the institution.

Premium housing demand, urbanisation to support India's realty market in H2 2026: Knight Frank

India's housing market shows resilience through the second half of 2026. Strong demand for premium homes and urbanisation will support the sector. Sales growth is moderating, and new launches are outpacing absorption. Developers may offer incentives as unsold inventory gradually rises. Stable fundamentals and RERA reforms prevent a sharp market correction.

India's 10-year bond logs best day in over a week on oil relief

On Friday, Indian government bonds experienced a positive shift with declining yields. This improvement was fueled by robust demand during a weekly auction and additional foreign investments. Falling oil prices further enhanced market sentiment. However, traders are keeping a vigilant eye on potential geopolitical tensions and weather disruptions. Furthermore, an upcoming Bloomberg inclusion could alter market dynamics significantly.

Sebi approves IPOs of defence electronics maker Tonbo Imaging and 3 others

Sebi approved IPO proposals of Tonbo Imaging India, Marri Retail, Zetwerk and Gujarat Victory Forgings, strengthening the primary market pipeline. The companies plan fundraising for expansion, debt repayment and growth, with defence, retail, manufacturing and metals sectors represented.

SK Hynix makes US debut today. Will investors sell Micron to buy the AI memory leader?

SK Hynix begins US trading after a $26.5 billion ADR sale, expanding investor access to its AI memory chip business. The Nasdaq listing could narrow its valuation gap with Micron, while testing investor appetite for AI-linked semiconductor stocks.

Planning a train journey with WhatsApp ticket? Railways says it won't be accepted; check the rules

The updated rule also states that the ticket must remain on the registered handset from which it was issued. In addition, passengers are required to book their digital unreserved ticket before the train departs from the boarding station.

Quote of the day by Hetty Green: "There is no great secret in fortune making. All you have to do is to buy cheap and sell dear, act with thrift and shrewdness and then be persistent"

Hetty Green's century-old advice on wealth creation remains relevant today. Investors should buy undervalued assets and sell them at higher prices. Practicing financial prudence and managing expenses wisely builds lasting wealth. Persistence through market volatility is a key investment strategy. These disciplined principles form the foundation for sustainable wealth creation.

Market wrap: Top gainers and losers on Nifty and Sensex today

Sensex climbed 828 points and Nifty gained 244 points, extending their winning streak as TCS earnings, positive global cues and banking optimism lifted sentiment. The rally added nearly Rs 6 lakh crore to BSE market capitalisation, with IT, financials and metals leading gains.

Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: US stock futures mixed ahead of SK Hynix listing; Middle East in focus

PM Modi gets special welcome in Auckland — New Zealand's iconic Sky Tower lights up in tri-colour | WATCH

This is the first visit to New Zealand by an Indian prime minister in 40 years.

Stock trading halted, schools closed and more: How Taiwan is bracing for Typhoon Bavi before it smashes into China

Typhoon Bavi is set to impact northern and eastern Taiwan and Japan's southwestern islands before hitting China. Authorities in Taiwan have evacuated residents and closed schools, suspending stock trading as heavy rains are expected.

Bandhan Bank launches ‘Cyber Cop’ CSR campaign with Hindustan Times and Rohit Shetty

Through films, awareness messaging, and public outreach, Cyber Cop aims to make cyber hygiene easier to understand and easier to act on.

Nykaa among 6 midcap stocks that hit 52-week highs, rally up to 30% in a month

Nykaa, Godrej Industries and four other BSE MidCap stocks hit fresh 52-week highs, rallying up to 30% over the past month amid strong market momentum.

Tihar food ‘too oily, spicy’ — Myanmar terror group 'trainer’ Matthew VanDyke seeks permission to cook his own food

VanDyke is neither accustomed to nor medically capable of regularly consuming such food, his lawyers argued, saying that Tihar food has caused severe physical discomfort and adversely affected his overall health.

Milky Mist said to launch $213 million IPO this month

Milky Mist Dairy Food Ltd. is preparing for its large initial public offering. The company aims to launch the share sale as early as July or August. This offering is expected to be India's largest dairy sector IPO. Proceeds will fund manufacturing expansion and debt repayment. The company has completed investor roadshows for the upcoming launch.