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GLOBAL NEWS | Fri, 17 Jul 2026, 10:37PM IST The company recently opened a new production line to keep up with strong demand for its 737 Max, though orders for its new planes lag rival Airbus.

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INDIA NEWS | Fri, 17 Jul 2026, 10:27PM IST India's forex reserves jumped USD 964 million to USD 675.157 billion in the week ended July 10, the Reserve Bank said on Friday. In the previous reporting week, the overall kitty had jumped by USD 7.26 billion to USD 674.193 billion. The kitty had expanded to an all-time high of USD 728.494 billion during the week ended February 27 this year before the onset of the West Asia conflict, which led to several weeks of drop as the rupee came under pressure and the RBI had to intervene in the forex market through dollar sales. For the week ended July 10, foreign currency assets, a major component of the reserves, increased by USD 930 million to USD 546.508 billion, the central bank's data showed. Expressed in dollar terms, the foreign currency assets include effects of appreciation or depreciation of non-US units, such as the euro, pound, and yen, held in the foreign exchange reserves. Value of gold reserves increased by USD 24 million to USD 105.223 billion during the week, the RBI ...

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INDIA MARKET | Fri, 17 Jul 2026, 10:16PM IST Reliance Retail's Q1 revenue rose 8.2% despite the FMCG demerger, while net profit fell 14.2% as e-commerce investments pressured margins. Reliance Consumer more than doubled revenue, driven by Campa and Independence, with rapid growth across grocery, electronics and digital commerce.

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INDIA BUSINESS | Fri, 17 Jul 2026, 10:02PM IST In a groundbreaking move, India has initiated its first-ever geothermal wells in Ladakh's Puga Valley, delving deep at 1,000 meters. This marks a monumental step towards establishing the nation's first geothermal power station. After overcoming administrative challenges, the project is back on track with a fresh agreement. Engineers have reported exciting thermal activity with temperatures hitting 135 degrees Celsius.

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INDIA BUSINESS | Fri, 17 Jul 2026, 10:00PM IST Prime Minister Narendra Modi launched India's first hydrogen train in Haryana. This powerful train will operate between Jind and Sonipat, covering a ninety-kilometer distance. Modi highlighted India's technological advancement in hydrogen trains compared to other nations. He also criticized the previous government's slow pace of railway modernization. The prime minister emphasized the benefits of electrification during global supply disruptions.

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INDIA BUSINESS | Fri, 17 Jul 2026, 9:55PM IST New Delhi received its first hydrogen-powered train on Friday. Prime Minister Narendra Modi flagged the passenger service from Jind railway station. This train will operate between Jind and Sonipat covering 89 kilometers. It features a 1,200-kilowatt hydrogen-fuel-cell-propulsion system for power. The train eliminates tailpipe emissions and lowers fossil fuel dependence.

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INDIA NEWS | Fri, 17 Jul 2026, 9:55PM IST New Delhi, India got its first hydrogen-powered train on Friday, when Prime Minister Narendra Modi flagged the passenger service from Haryana's Jind railway station. The train will run between the Jind and Sonipat railway stations and cover the 89-km distance in two hours, with halts at 12 intermediate stations.Following are the distinctive features of the train --A 1,200-kilowatt hydrogen-fuel-cell-propulsion system will power the 10-car trainset.The train will operate at a maximum speed of 75 km per hour.The train and the refuelling plant are equipped with devices to detect hydrogen leaks and unusual heat, along with an automatic shut-off system capable of cutting off hydrogen supply on its own, without waiting for a person to react.The pilot's cabin is specifically designed to keep the person safe, with a special mode that allows the train to be moved to safety in an emergency.Powered by hydrogen-fuel-cell technology, which converts hydrogen into electricity to propel the train.Essentially an electric train that generates its own electricity on board. Instead of drawing power from overhead lines, hydrogen stored in high-pressure tanks reacts with oxygen from the air inside a fuel cell to produce electricity.Hydrogen fuel is produced separately, compressed, transported to the refuelling station and filled into the storage tanks on the train.Compared to diesel trains, a hydrogen-powered train eliminates tailpipe emissions, lowers dependence on fossil fuels and fossil-fuel imports, and operates with significantly less noise.Unlike conventional electric trains, a hydrogen-powered train does not require continuous overhead electrification infrastructure, as electricity is generated on board through hydrogen fuel cells, making them a clean and efficient solution.Hydrogen fuel cells typically have an efficiency of around 50-60 per cent in converting hydrogen into electricity. The efficiency of producing hydrogen through electrolysis is generally about 60-70 per cent, depending on the technology and conditions used.The use of green hydrogen -- produced using renewable electricity -- also reduces dependence on electricity generated from fossil fuel-based thermal power plants.The hydrogen-refuelling infrastructure consists of hydrogen production or supply facilities, compression systems, high-pressure storage tanks, dispensing equipment and safety systems. Hydrogen is compressed, typically to high pressures, stored on site and transferred into onboard tanks through specialised dispensing systems.

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INDIA BUSINESS | Fri, 17 Jul 2026, 9:51PM IST The segment's Ebitda rose 17 per cent as stronger fuel cracks and downstream margins offset the impact of higher feedstock costs and lower production during planned maintenance

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INDIA MARKET | Fri, 17 Jul 2026, 9:50PM IST Federal Bank

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INDIA MARKET | Fri, 17 Jul 2026, 9:49PM IST Q1 Result LIVE updates

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INDIA MARKET | Fri, 17 Jul 2026, 9:49PM IST JSW Steel's profit more than doubled year-on-year to Rs 4,696 crore in the June quarter. Robust revenue growth and lower finance costs aided the company's strong financial performance. Consolidated revenue from operations rose around ten percent on year to Rs 47,364 crore. Total expenses rose less than four percent on year, helping boost earnings. The company retained its capital expenditure guidance for the current year.

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INDIA NEWS | Fri, 17 Jul 2026, 9:45PM IST The first Investment Friendliness Index assesses 36 states and Union Territories across 84 indicators, with no state crossing the 60-mark despite five qualifying as top performers

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INDIA MARKET | Fri, 17 Jul 2026, 9:33PM IST Netflix recently saw a significant drop in its share prices following a forecast that indicated slower revenue growth. Additionally, the streaming service announced it would cut back on reporting viewership statistics, which has raised investor anxiety regarding its future trajectory. Analysts attributed this downturn to a lackluster lineup of content released this year, leading to a considerable drop from its stock peak.

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INDIA MARKET | Fri, 17 Jul 2026, 9:33PM IST A top Federal Reserve official said Friday that stubbornly high inflation is her bigger concern right now, warning that firms are urging the US central bank to act against rising prices. "Persistently high inflation is the bigger concern," she said.

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INDIA MARKET | Fri, 17 Jul 2026, 9:32PM IST Shortly after the quake struck the coastal region, a tsunami alert was issued, reports said.

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INDIA MARKET | Fri, 17 Jul 2026, 9:31PM IST As July commenced, global tech stocks faced a notable decline, predominantly driven by chip shares. This drop indicates investor profit-taking alongside worries regarding the sustainability of AI expenditures. The Philadelphia Semis Index is close to entering bear market territory after facing a steep decline. Additionally, the Chinese AI model Kimi K3 has heightened scrutiny of US tech investment returns, while the market eagerly anticipates earnings reports from Alphabet and Tesla.

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INDIA NEWS | Fri, 17 Jul 2026, 9:29PM IST The state will work with the World Bank Group's private-sector arm to develop around 20 bankable infrastructure projects across key sectors through the PPP model

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INDIA BUSINESS | Fri, 17 Jul 2026, 9:26PM IST The central bank has merged instructions issued since 2022 into a single circular, retaining the framework for rupee-denominated settlement of cross-border trade transactions

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INDIA MARKET | Fri, 17 Jul 2026, 9:25PM IST The company's balance sheet continued to improve, with net debt declining to Rs 1.23 lakh crore from Rs 1.25 lakh crore in the previous quarter.

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INDIA MARKET | Fri, 17 Jul 2026, 9:24PM IST File photo of Sir Garfield Sobers.

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INDIA MARKET | Fri, 17 Jul 2026, 9:14PM IST Sir Garfield Sobers, one of the greatest all-rounders in cricket history and a former West Indies captain, died here on Friday at the age of 89.

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INDIA BUSINESS | Fri, 17 Jul 2026, 8:55PM IST Nearly one thousand hectares of forest land in Chhattisgarh's Raigarh may be diverted for two coal mining projects. The Pelma open cast mine and Purunga underground coal block projects received in-principle approval from the Environment Ministry. These projects involve diverting over 360 and 620 hectares of forest land respectively. The forest advisory committee recommended stage-one approval with conditions for compensatory afforestation.

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GLOBAL NEWS | Fri, 17 Jul 2026, 8:53PM IST Hundreds of thousands of people are creating companies each year, ending a decades-long drought.

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INDIA MARKET | Fri, 17 Jul 2026, 8:51PM IST The new rates will come into effect from July 18 onwards, and with that the earlier 10% seasonal fare hike on ordinary buses will be withdrawn.

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GLOBAL NEWS | Fri, 17 Jul 2026, 8:50PM IST An appeals court said the Defense Department could require escorts for reporters who visit the Pentagon while The New York Times sues to overturn the rule.

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INDIA MARKET | Fri, 17 Jul 2026, 8:46PM IST Reliance Industries highlighted strong consumer business momentum in Q1 FY27, with Jio Platforms advancing towards its IPO and Reliance Consumer more than doubling revenue. Campa and Independence drove growth, while Jio posted higher ARPU, subscriber additions and earnings, supporting long-term value creation.

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INDIA MARKET | Fri, 17 Jul 2026, 8:43PM IST File photo of Ravichandran Ashwin.

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INDIA NEWS | Fri, 17 Jul 2026, 8:42PM IST A closure of the Bab el-Mandeb Strait could disrupt Saudi crude shipments, forcing India to rely more on alternative suppliers and increasing risks to LPG supplies

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INDIA BUSINESS | Fri, 17 Jul 2026, 8:32PM IST Iron ore has been added to the core sector infrastructure industries list. This inclusion increases the total number of key sectors from eight to nine. The new series, with base year 2022-23, will be released on July 20. Gross production data will now compile the steel index for consistency. Raw coal is retained in the coal sector, excluding derived products.

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INDIA NEWS | Fri, 17 Jul 2026, 8:32PM IST New Delhi: The government on Friday said it has included iron ore in the list of core sector infrastructure industries, a move which will help in capturing the performance of the economy in a better way. Consequently, the number of core industries has increased from eight to nine. Currently, the government evaluates the performance of eight key sectors - crude oil, petroleum refinery, cement, electricity, natural gas, fertiliser, finished steel and coal - on a monthly basis. "In view of the extensive use of iron ore in industrial production and its significant contribution to industrial development, Iron Ore has been included as a core industry in the revised ICI series," the Commerce and Industry Ministry said in a statement. The new series with base year 2022-23, containing data for nine key sectors, will be released on July 20 this year. The revised series will replace the existing Index of Core Industries (ICI) series with the base year 2011-12. The ministry also said that to ensure consistency with the IIP (Index of Industrial Production), the revised ICI series uses gross production data for compiling the Steel Index, replacing the net production data used in the ICI (2011-12) series. In the coal sector also, only Raw Coal has been retained in the revised series. Coal Middlings and Washed Coal have been excluded to eliminate double counting, as both are derived from Raw Coal, it added. In 2011, the government included two sectors: natural gas and fertiliser. Production growth of eight core infrastructure sectors slowed to a seven-month low of 0.5 per cent in May due to a fall in output of coal, crude oil and refinery products.

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INDIA MARKET | Fri, 17 Jul 2026, 8:31PM IST The quick commerce company is expected to announce its IPO price band next week and is targeting a valuation of about $5.1 billion despite lower indications from some investors

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INDIA MARKET | Fri, 17 Jul 2026, 8:31PM IST Launches four new bathing soap variants with enhanced formulations

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INDIA MARKET | Fri, 17 Jul 2026, 8:31PM IST MTR announced the launch of its Protein Breakfast Range, further strengthening its leadership in the breakfast category through consumer-led innovation. Building on its long-standing commitment to making authentic Indian breakfast convenient and accessible, MTR is now bringing plant-based protein directly into familiar breakfast favourites, offering consumers the authentic taste they love, the convenience they expect and ingredient choices that meet the preferences of today's conscious eaters.

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GLOBAL NEWS | Fri, 17 Jul 2026, 8:30PM IST Hundreds of thousands of people are creating companies each year, ending a decades-long drought.

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INDIA BUSINESS | Fri, 17 Jul 2026, 8:27PM IST Reliance Retail plans to double its operating EBITDA over three years. The strategy involves aggressive scaling and refined unit economics for profitability. Fiscal year 2027 focuses on online capability scaling and operational discipline. Later years will emphasize value conversion and higher-margin private labels. Sophisticated monetization and capital strictness will drive efficiency and cash generation.

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INDIA MARKET | Fri, 17 Jul 2026, 8:26PM IST In a remarkable turn of events, Apple has dethroned Nvidia to reclaim its status as the world's most valuable company. This change underscores a significant recalibration of investor perspectives regarding the artificial intelligence landscape, highlighting a shift in focus. With Apple's market value hitting $4.88 trillion compared to Nvidia's $4.86 trillion, this milestone marks a pivotal moment reflecting a wider investor interest beyond solely AI sectors.

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INDIA MARKET | Fri, 17 Jul 2026, 8:21PM IST The registered customer base expanded 10.6% year-on-year to 396 million, while the business served 8.5% more unique customers across formats.

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INDIA MARKET | Fri, 17 Jul 2026, 8:21PM IST CBI files fresh chargesheet in RCom loan fraud case

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INDIA MARKET | Fri, 17 Jul 2026, 8:19PM IST The renewable energy arm of NLC India has appointed four book-running lead managers as it prepares for a proposed IPO to fund its clean energy expansion plans

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