Sensex, Nifty Rebound After Sharp Correction; Airtel Top Gainer
Indian equity benchmarks Sensex and Nifty rebounded on July 9, recovering from the previous session's sharp correction, with Bharti Airtel among top gainers.
Category : Business
Brent crude crosses USD 79 as US strikes on Iran fuel supply fears
Brent crude surged to USD 79.15 per barrel after fresh US strikes on Iran ended the ceasefire, raising supply disruption fears in the Middle East.
Kusumgar IPO GMP: 38% Premium After Day 1 Full Subscription
Kusumgar IPO gets fully subscribed on Day 1 with GMP surging 38%. Check price band, subscription details, and other key information for investors.
Oil Surges After US Strikes on Iran
Oil prices rose over $1 in post-settlement trade after the US launched fresh military strikes against Iran, raising supply concerns.
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Harohalli Potential Site for Bengaluru Second Airport
Harohalli is a leading contender for Bengaluru's second airport, CM Shivakumar confirms, with a southern location preferred.
Almatti Dam Gets 11 TMCft Water in Single Day
Almatti dam in Karnataka received nearly 11 tmcft of water in a single day, with Krishna and Cauvery basin dams also getting copious inflows, according to DHNS.
Bengaluru: 6 new feeder buses to link E-City Wipro Gate & Tin Factory
BMTC launches 6 new feeder buses connecting Electronics City Wipro Gate and Tin Factory, with first bus at 5:30 am and last at 9:10 pm.
CPDL Urges Chandigarh Consumers to Update Sanctioned Load
Chandigarh Power Distribution Limited (CPDL) urges consumers to update sanctioned load to reflect actual usage, warning of penalties and safety risks from overload.
CBI arrests two in Rs 657-crore IDFC bank scam
The CBI arrested an accounts officer and a clerk in the Rs 657-crore IDFC bank scam, probing Rs 50.05-crore misappropriation from the Haryana Labour Welfare Board account.
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United Breweries gets Rs 116-cr recovery notice from Punjab Mandi Board
Punjab Market Committee issued a Rs 116.25 crore recovery notice to United Breweries for alleged evasion of market fee and rural development fund on barley procurement from outside the state.
Himachal Dy CM launches rural project, Bulk Drug Park on track
Deputy CM Mukesh Agnihotri inaugurated the Integrated Rural Development Project under CSR in Haroli and said the Bulk Drug Park project is progressing as planned.
Persona-Led Credit Cards Drive Growth: TransUnion CIBIL
TransUnion CIBIL report finds persona-led credit cards boost growth; share of credit-card-only users declines as borrowers combine cards with other retail credit products.
Delhi-Mumbai Expressway to Be Completed in Two Years: Gadkari
Union Minister Nitin Gadkari announced that the Delhi-Mumbai Expressway will be fully completed within two years, aiming to reduce travel time between the two cities to just 12 hours.
AAI Urges Centre to Notify BIS Standards for Aluminium Scrap
The Aluminium Association of India has urged the Centre to immediately notify BIS standards for aluminium scrap to prevent substandard imports and protect domestic industry.
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MGL partners India Post for doorstep gas meter reading in Mumbai
MGL partners with India Post to launch doorstep gas meter reading in Mumbai, using photo verification and API for accuracy.
Karnataka govt woos women SHGs with fish farming
Karnataka's fisheries department has identified 1,229 minor irrigation tanks for the Matsya Sanjeevini programme, partnering with gram panchayats and women SHGs to promote fish farming.
Sensex, Rupee Drop as Crude Surges 7% After Trump Ends Iran Ceasefire
Sensex and rupee fell sharply on Wednesday as crude oil prices surged 7% after US President Trump declared the ceasefire with Iran is 'over'. Rupee hit 95.56/$.
Godrej Agrovet to Build Rs 300 Cr Oil Palm Complex in Telangana
Godrej Agrovet will set up Telangana's first private integrated oil palm complex in Khammam district with an investment of Rs 300 crore, creating over 700 jobs.
Rupee falls 52 paise to close at 95.48 against US dollar
The Indian rupee weakened 52 paise to close at 95.48 against the US dollar on July 8, 2026, amid a surge in Brent crude oil prices which rose 6.16% to $78.73 per barrel.
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India's peak power demand to reach 300 GW in 2027
India's peak power demand is forecast to touch 300 GW next year, with current capacity at 284 GW, sufficient to meet all demand, says minister.
IMF pares India's growth forecast to 6.4% for 2027
IMF cut India's GDP growth forecast for FY2027 to 6.4% from 6.5%, citing varying impacts of war and tech value chain exposure.
IMF Cuts India Growth Forecast to 6.4% for 2027
IMF lowered India's FY2027 growth forecast to 6.4% from 6.5%, citing varied impacts of geopolitical tensions and technology value chain positions.
India's ACC battery demand to hit 236 GWh by 2032
India's advanced chemistry cell battery demand is projected to reach 236 GWh by 2032, says Union Minister H D Kumaraswamy, highlighting the opportunity in building a globally competitive battery ecosystem.
India FY27 GDP at 6.4% Among Fastest Major Economies: IMF
India remains among the fastest-growing major economies with FY27 GDP projected at 6.4%, driven by strong private consumption and services activity, according to the IMF's July 2026 WEO Update.
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Chandigarh Dry Despite Orange Alert; Heavy Rain Forecast Thursday
Chandigarh remained dry on Wednesday despite an orange alert. IMD now forecasts heavy to very heavy rain on Thursday, with a yellow alert from Friday to Sunday.
HFCL Launches OptiQ AI Brand for Hyperscale Data Centres
HFCL Limited has launched OptiQ AI, a unified optical connectivity brand targeting AI, cloud and hyperscale data centres to meet high-bandwidth needs.
Blue Origin Seeks First Outside Funding at USD 130 Billion
Blue Origin is raising $10 billion at a $130 billion valuation in its first external funding round, as investor interest in private aerospace surges amid competition with SpaceX.
Ford Business Solutions Opens Office in Coimbatore
Ford Business Solutions has opened a new centre in Coimbatore, marking its return after six years. The office will support global operations and create jobs.
Markets crash: Investors lose Rs 8.96 lakh crore on Iran war fears
Investors lost Rs 8.96 lakh crore as Indian markets plunged on geopolitical tensions over a potential Iran war. All Sensex firms ended in the red.
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Oil, paint, aviation stocks fall as crude oil prices surge
Oil marketing companies, paint makers, and aviation stocks tumbled after crude oil prices jumped sharply, reigniting inflation fears and impacting India's macroeconomic outlook, according to Ajit Mishra of Religare Broking.
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