Indian benchmark indices Sensex and Nifty continued their upward trend for a second consecutive day, with the Sensex gaining over 800 points, driven by strong performances from heavyweights like Reliance Industries, ICICI Bank, and HDFC Bank, alongside positive cues from easing crude oil prices and robust IT sector earnings.
India's VALORANT esports team has successfully qualified for the Esports Nations Cup (ENC) 2026 main event in Riyadh, emerging as one of two teams from the Asia regional qualifiers. The team, led by Sagnik Roy, overcame tough competition, including a crucial victory against Hong Kong, to secure their spot in the global tournament featuring a USD 1.5 million prize pool.
Indian benchmark indices Sensex and Nifty advanced in early trade, driven by renewed foreign fund inflows and a significant drop in crude oil prices to pre-war levels, signalling an uptrend in the market. Track Sensex, Nifty on July 7, 2026.
A Station House Officer (SHO) in Hoshiarpur, Punjab, has been shifted to Police Lines following a fact-finding inquiry initiated by Punjab Police. This action comes after news reports linked the officer to an extortion-related investigation by the US Federal Bureau of Investigation (FBI) under "Operation Hard Ball," targeting India-based organised crime syndicates. The US indictment alleges the officer's involvement in a $400,000 extortion scheme using false murder charges, drawing significant political criticism.
India's top badminton players, including the men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty, singles stars Lakshya Sen, P V Sindhu, and rising talent Ayush Shetty, are set to compete at the USD 950,000 Japan Open Super 750 tournament. The event marks a crucial stage for many Indian shuttlers to make significant runs on the BWF World Tour.
Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a significant decline in Brent crude oil prices, which fell below the USD 73 per barrel level, and positive trends observed across most Asian equities.
Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has approved filing draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares, aiming to unlock value for shareholders and fuel its ambitious expansion into 5G, AI, and global markets.
Indian benchmark indices Sensex and Nifty climbed in early trade, driven by buying in blue-chip stocks like Reliance Industries and ICICI Bank, alongside a notable cooling in crude oil prices.
Indian IT services firms are expected to report a soft Q1 FY27 performance due to a challenging macro environment, the impact of AI, and geopolitical uncertainties, leading to reduced discretionary spending and slower decision-making cycles, according to Motilal Oswal Financial Services.
Indian benchmark equity indices, Sensex and Nifty, saw early gains driven by strong buying in blue-chip bank stocks, fresh foreign fund inflows, and a decline in global crude oil prices, boosting investor confidence.
Indian benchmark indices, Sensex and Nifty, staged a moderate rebound after a significant correction in the previous session, driven by foreign fund inflows and a largely positive trend in global markets, though geopolitical tensions between the US and Iran continued to foster caution.
A SAP study reveals that Indian enterprises are rapidly moving from AI experimentation to value-driven implementation, positioning India as a global leader in enterprise AI adoption. Indian organisations plan significant investments in AI, with projected fivefold growth in Agentic AI returns and a high percentage of businesses having defined AI strategies and dedicated AI leaders.
Rockwell Automation's CEO Blake Moret highlights India as the centrepiece of the company's Asian growth strategy, detailing its four-decade presence, significant employee base, and support for the 'Make in India' initiative. The company sees major opportunities in pharmaceuticals, automotive, food and beverage, and consumer products, with AI playing a crucial role in simplifying industrial automation and boosting productivity for Indian manufacturers, including MSMEs.
Zelle, a major US peer-to-peer payment service, is set to launch in India by the end of this year, marking its first international expansion. The move aims to tap into India's large remittance market, offering a service similar to UPI but integrated with bank apps. Zelle also introduced ZelleUSD, a stablecoin for future global payment capabilities.
The United States and India are on the verge of finalising a landmark bilateral trade deal, aiming to boost trade to USD 500 billion by 2030, according to US Deputy Assistant Secretary of State Bethany Poulos Morrison. The agreement seeks to open India's 1.4 billion-strong market to American goods on reciprocal terms, with ongoing high-level discussions to recalibrate the pact after recent changes in US tariff policy.
Indian benchmark indices Sensex and Nifty extended their winning streak to a fourth consecutive day, driven by strong buying in blue-chip bank stocks and a decline in global crude oil prices. Fresh foreign fund inflows also contributed to the optimistic sentiment in the domestic equity market.
CISF personnel apprehended a man from Chad at Mumbai airport for carrying USD 145,000 (worth Rs 1.39 crore) in his baggage. He was scheduled to fly to N'Djamena via Addis Ababa and has been handed over to Customs for further investigation.
Sourabh Chandrakar, the absconding founder of the Mahadev betting app, has been detained in Oman based on an Interpol Red Notice. Indian agencies are now working to extradite or deport him. The ED's investigation into the syndicate has revealed alleged proceeds of crime worth Rs 6,000 crore and links to high-ranking politicians and bureaucrats.
The Indian stock market's trajectory this week will be significantly influenced by crude oil prices, global market trends, and the commencement of the corporate earnings season, with IT major TCS set to announce its June-quarter results on July 9.
Pakistan's top table tennis players are dismayed after the national federation asked them to arrange their own funds for participating in the upcoming Asian Games in Japan, citing a lack of grants from the Pakistan Sports Board.
A new report indicates that India's textile recycling market is projected to reach USD 3.5 billion by 2030, potentially creating one lakh green jobs. The report highlights the current state of textile waste management and opportunities for circularity in the Indian textile industry.
Indian benchmark stock indices, Sensex and Nifty, declined for a second consecutive day, primarily due to selling pressure in IT, oil & gas, and select banking shares. Concerns over the US-Iran negotiations and a sluggish monsoon further dampened market sentiment.
Hollywood veteran Jodie Foster has controversially suggested that Brad Pitt's recent film "F1" was created using Artificial Intelligence, citing its formulaic structure and dialogue. She discussed the growing influence of AI in the film industry, acknowledging its potential to replace jobs but also its utility if filmmakers can control the technology.
AI firm Pramaana Labs, with a significant Indian workforce, has successfully raised $27 million in seed funding led by Khosla Ventures. The company aims to use these funds to advance its unique technology that converts complex knowledge into machine-verifiable truth, addressing the accountability gap in AI across regulated sectors like tax, healthcare, and financial compliance.
Gaganjeet Bhullar leads a strong contingent of Indian golfers, including Pukhraj Gill and Karandeep Kochhar, at the USD 500,000 IGPL Bharath Classic in Morocco, where a win offers a full card to the main Tour and opportunities for the International Series.
Indian squash players Shameena Riaz and Om Semwal have caused significant upsets at the USD 15,000 HCL-SRFI PSA Challenger tournament in Mumbai, defeating top seed Hayley Ward and third seed Diego Gobbi respectively. Riaz, a recent Asian Games team selection, rallied from a game down, while Semwal secured a five-game victory. Both players have now advanced to the quarterfinals.
Canadian police have found no evidence linking Indian government officials to the 2023 killing of Sikh separatist Hardeep Singh Nijjar, directly contradicting earlier allegations by former Prime Minister Justin Trudeau that strained bilateral ties.
Food delivery and e-commerce platform magicpin aims to expand its AI assistant, Vera's, merchant base to over 1 million by the end of 2026. Launched three months ago, Vera already supports over 5 lakh merchants by providing real-time order insights and has facilitated over 50 lakh interactions across various business verticals. The company has invested USD 1 million in its AI stack and plans further enhancements to Vera's capabilities.
Indian golfer Karandeep Kochhar secured his third Top-10 finish of the season at the USD 500,000 Am Green IGPL Bharath Classic in Morocco, rising to 12th on the Asian Tour Order of Merit. He finished tied 9th with a bogey-free final round.
PGA Tour winners Viktor Hovland and Ryan Fox are confirmed to participate in the second DP World India Championship at the Delhi Golf Club from October 15-18. They will join other European Ryder Cup stars like Tommy Fleetwood, Rory McIlroy, and Justin Rose in the USD four million event, which is a key part of the Race to Dubai.
Specialty chemicals maker Anupam Rasayan India Ltd has become the first company globally to commercialise Ethyl trifluoroacetate (ETFA) production using its proprietary continuous flow chemistry platform. This innovative technology offers significant advantages over traditional methods, and ETFA is a crucial component for pharmaceuticals, life sciences, and performance materials, with a global market estimated at USD 500-600 million.
Rupee slumped 69 paise to an all-time low of 92.18 against the US dollar in early trade on Wednesday, as a sharp spike in crude oil prices amid geopolitical tensions following the escalation of the US-Iran conflict weighed on investor sentiment.
US President Donald Trump has claimed that Iran has accepted "just about everything" the United States has demanded in ongoing indirect nuclear negotiations, particularly regarding denuclearisation. He also asserted that American forces repeatedly carried out military strikes that crippled Tehran's military infrastructure, including radar installations, and escorted commercial oil tankers through the Strait of Hormuz. Trump dismissed reports of Iran's strength, stating its military and economy were severely weakened.
Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.
Indian stock market benchmark indices Sensex and Nifty closed nearly one per cent higher, extending their winning streak for a second day. This rally was driven by softening crude oil prices, positive geopolitical developments, and significant buying in blue-chip IT stocks, despite a broader global tech sell-off.
Indian benchmark indices Sensex and Nifty experienced a significant slump, with the Sensex tumbling 719.08 points, driven by escalating West Asian tensions, a sharp rise in crude oil prices, and a global sell-off in technology stocks.
Crude oil prices reached a new record high in futures trade, both domestically and internationally, as escalating military tensions between the US and Iran in West Asia continue to fuel market volatility. Diplomatic efforts concerning the Strait of Hormuz are being closely watched for potential price stabilisation.
The Sri Lankan government attributes the sharp depreciation of the rupee against the US dollar to the ongoing conflict in West Asia, citing increased costs for essential imports like gas, fertiliser, and oil.
Ayodhya police have conducted fresh searches in the ongoing investigation into alleged donation embezzlement at the Ram temple, recovering a donation box with a QR code, cash, gold, silver, and foreign currency. The probe has also widened to include around 400 private security personnel.
Indian golfer Karandeep Kochhar made a strong start at the USD 500,000 IGPL Bharath Classic in Morocco, carding a 6-under 66 to be just one shot behind the leader. His performance follows intensive work on his short game after missing a cut last week.
