Oil slips after OPEC+ agrees to raise output targets
INDIA COMMODITIES | Mon, 6 Jul 2026, 6:32AM IST
Oil prices dipped as OPEC+ agreed to boost output from August, with key producers seeing recovering exports via the Strait of Hormuz. Despite the planned increase, actual output may be capped due to ongoing geopolitical tensions. Gulf oil exports are reviving but still lag pre-conflict levels, while Russia's crude shipments surged due to refinery damage.
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17m
Gold trades near two-week high on cooling US rate-hike bets
INDIA COMMODITIES | Mon, 6 Jul 2026, 6:30AM IST
Gold prices are holding firm near a two-week peak, buoyed by a recent U.S. jobs report that softened expectations for immediate Federal Reserve interest rate hikes. This cooling labor market data has led traders to scale back bets on a September rate increase. Investors are now keenly awaiting the Fed's meeting minutes for further clues on monetary policy direction, while demand in India saw a slight dip as prices rebounded.
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20m
Healthy credit cycle set to keep NBFCs on growth track in Q1
INDIA MARKET | Mon, 6 Jul 2026, 6:29AM IST
Non-banking finance companies are poised for a strong April-June quarter, with analysts predicting a 20% rise in assets under management. This growth is fueled by robust loan demand, particularly in affordable housing and microfinance, alongside steady commercial vehicle financing. Despite a traditionally slow start, collection efficiency remains high, and falling bond yields are expected to lower funding costs, promising stable profits and continued loan expansion.
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21m
FPIs double down on Indian debt, keep equity bets on hold
INDIA MARKET | Mon, 6 Jul 2026, 6:19AM IST
Foreign investors are pouring money into Indian debt, with record inflows in June, while simultaneously pulling out of local equities. This shift is driven by tax benefits, expanded investment options, and hopes for inclusion in global bond indices. Despite a recent rupee recovery, concerns remain about global economic factors and potential delays in index inclusion, impacting the attractiveness of Indian stocks.
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30m
Analysts back buy-on-dips strategy as Nifty targets 24,45024,800
INDIA MARKET | Mon, 6 Jul 2026, 6:11AM IST
Indian stock market analysts are optimistic, anticipating the Nifty to continue its upward trend. They suggest buying on dips around the 24,000-24,150 mark, with potential upside targets reaching 24,800. Several stocks, including Container Corporation of India, IndusInd Bank, Biocon, HDFC Asset Management Company, Shriram Finance, and Piramal Pharma, are highlighted as strong buy recommendations with specific price targets and stop-losses.
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39m
Stocks in news: HDFC Bank, Vedanta Power, YES Bank, Sun Pharma, Waaree Energies
INDIA MARKET | Mon, 6 Jul 2026, 6:11AM IST
Indian markets surged for a third straight day, buoyed by global sentiment and strong performance from heavyweight stocks like HDFC Bank and YES Bank. Analysts note a technical breakout, though resistance looms. Several companies, including Dabur India and Vedanta Power, reported positive quarterly updates, while Tata Power withdrew a controversial distribution application. ONGC's leadership eligibility criteria have also been broadened.
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39m
Bullish futures positioning hints at upside in large-cap stocks
INDIA MARKET | Mon, 6 Jul 2026, 6:00AM IST
Indian stock markets are seeing pockets of strength, particularly in mid- and small-cap segments, with optimism now extending to select large-cap stocks. Analysts highlight several stocks showing bullish futures build-up and positive technical indicators. IndusInd Bank, Nalco, Shree Cement, HDFC AMC, Adani Energy Solutions, Nestl India, and ONGC are identified as potential gainers, with specific entry points, targets, and stop-losses provided for traders.
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49m
Stock Market Today: All You Need To Know Going Into Trade On July 6
INDIA MARKET | Mon, 6 Jul 2026, 6:00AM IST
Indian equity benchmarks extended gains for the third consecutive trading session.
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50m
SK Hynix makes US debut with $29-billion listing
INDIA MARKET | Mon, 6 Jul 2026, 5:50AM IST
South Korean chipmaker SK Hynix is making a massive $29 billion US stock market debut, aiming to boost its valuation and compete with rivals like Micron. This move taps into the booming AI chip market, where demand for memory chips is soaring. Previously difficult for American investors to access, the Nasdaq listing on July 10 promises improved liquidity and a fairer valuation for the company.
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1h
Global investors looking for shelter from AI storm are turning to India
INDIA MARKET | Mon, 6 Jul 2026, 5:45AM IST
Indian stocks are emerging as a stable investment amid global market volatility, particularly as the AI rally cools. While previously overlooked due to a lack of AI exposure, India's market is now attracting investors seeking a safe haven. Recent outperformance and reduced foreign outflows signal a shift, with stabilizing currency and easing inflation concerns bolstering prospects for economic growth.
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1h
Blue-Chip Blues: A quarter of India's top stocks have failed to deliver meaningful returns
INDIA MARKET | Mon, 6 Jul 2026, 5:34AM IST
A significant portion of BSE 100 companies, 23 to be exact, have struggled to deliver robust annual returns over the past three years, with many trading below their historical valuations. Consumer, IT, and BFSI sectors show a concentration of these underperformers. Despite challenges like cautious client spending and rural demand concerns, some giants like RIL and TCS are poised for growth driven by new ventures and expansion.
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1h
TRAI seeks powers to act against call management apps like Truecaller, others
INDIA BUSINESS | Mon, 6 Jul 2026, 5:30AM IST
Telecom regulator Trai is seeking powers under the IT Act to act against call management apps like Truecaller. These platforms are reportedly tagging and blocking legitimate commercial communication numbers (1400 and 1600) as spam, hindering government initiatives and legitimate businesses. Trai aims to be designated an 'authorised agency' to enforce compliance, with the IT ministry reportedly agreeing to the demand.
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1h
INDIA MARKET | Mon, 6 Jul 2026, 4:49AM IST
England face co-hosts Mexico in the FIFA World Cup 2026 Round of 16 at the Estadio Azteca.
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2h
Brazil vs Norway Highlights: Haaland Stuns Brazil As Norway Reach Historic World Cup Quarter-Finals
INDIA MARKET | Mon, 6 Jul 2026, 4:05AM IST
Erling Haaland scored twice as Norway beat Brazil 2-1 to book a place in the FIFA World Cup 2026 quarter-finals.
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2h
INDIA MARKET | Mon, 6 Jul 2026, 3:44AM IST
Brazil and Norway face off in a FIFA World Cup 2026 Round of 16 clash at the New York New Jersey Stadium.
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3h
Brazil vs Norway Live Updates: Kick-Off! FIFA World Cup 2026 Round Of 16 Clash Gets Underway
INDIA MARKET | Mon, 6 Jul 2026, 1:53AM IST
Brazil and Norway face off in a FIFA World Cup 2026 Round of 16 clash at the New York New Jersey Stadium.
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4h
TV distributors push for lower payouts amid falling margins
INDIA BUSINESS | Mon, 6 Jul 2026, 1:15AM IST
Leading TV distributors like Tata Play and Airtel Digital TV are pushing for lower content fees from broadcasters. Facing subscriber losses and escalating channel prices, these platforms find current deals unsustainable. While some broadcasters are offering discounts, major players with strong channel portfolios are expected to resist demands for a 5-7% reduction, as the pay-TV market continues to shrink.
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5h
Bhutani Group gets NCLT approval to take over Noida's Entertainment City
INDIA BUSINESS | Mon, 6 Jul 2026, 1:13AM IST
NCLT has cleared the Bhutani Group's acquisition of Entertainment City, which includes The Great India Place and Worlds of Wonder. The group plans a Rs 10,000 crore investment to transform the Noida site into a major entertainment hub. This NCLT order resolves a long-standing dispute, allowing Bhutani Infra to proceed with developing the 147-acre project, which also features vacant land for future expansion.
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5h
Baskin Robbins' operator keen on Dunkin' India ops
INDIA BUSINESS | Mon, 6 Jul 2026, 1:00AM IST
Baskin Robbins' operator Graviss Group is reportedly in talks to acquire the India rights for Dunkin' Donuts from its global parent, Inspire Brands. This comes after Jubilant FoodWorks decided to exit its 15-year franchise deal due to mounting losses. If the deal materializes, Graviss is expected to revamp Dunkin's business in India, potentially introducing more localized offerings and a broader menu to revive the struggling donut-and-coffee concept.
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5h
NPCI's Dilip Asbe joins Swift's global supervisory board
INDIA BUSINESS | Mon, 6 Jul 2026, 12:56AM IST
Dilip Asbe, CEO of NPCI, has joined Swift's global supervisory board, a significant step for India's payment ambitions. This appointment, pending regulatory approval, grants India a voice in global payment standards, recognizing the success of UPI. Asbe's leadership has been pivotal in developing India's advanced payment systems, positioning the nation as a key influencer in shaping future cross-border financial infrastructure.
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5h
Maya Tata set to take charge of Westside's digital growth, speed up global expansion
INDIA BUSINESS | Mon, 6 Jul 2026, 12:54AM IST
Maya Tata is set to spearhead Westside's e-commerce marketing as the fashion retailer gears up for aggressive global expansion. Leveraging her digital expertise, she will drive online growth for the brand, which is also rapidly increasing its store count domestically. This strategic move aligns with Trent's ambition to build Indian brands with international appeal, as evidenced by Westside's recent foray into the UAE.
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5h
INDIA MARKET | Mon, 6 Jul 2026, 12:48AM IST
Brazil and Norway face off in a FIFA World Cup 2026 Round of 16 clash at the New York New Jersey Stadium.
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6h
German car parts co Webasto plans to take local unit public
INDIA BUSINESS | Mon, 6 Jul 2026, 12:45AM IST
German auto parts giant Webasto is eyeing a $400-500 million IPO for its Indian unit by 2027, aiming to capitalize on India's booming car market, especially for sunroofs. The company, which supplies major automakers, is expanding its manufacturing capacity with a new facility in Haryana. Webasto Roofsystems India saw significant revenue and profit growth in FY25, reflecting strong market demand and strategic investments.
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6h
Is enforcement of banking regulations ownership neutral?
INDIA BUSINESS | Mon, 6 Jul 2026, 12:34AM IST
Bank of Baroda settled a $600 million dispute with NMC Healthcare administrators, ending a protracted legal battle. This significant payout, wiping out a quarter of its projected profit, raises serious questions about the bank's governance and disclosure practices. The settlement, reached without admitting fault, highlights a perceived leniency in regulatory oversight for state-owned banks compared to private institutions, prompting calls for more equitable enforcement.
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6h
Illegal mining: Home minister Amit Shah orders zero coal leakage plan
INDIA BUSINESS | Sun, 5 Jul 2026, 11:55PM IST
Home Minister Amit Shah has ordered a 'zero coal leakage plan' and stricter enforcement against illegal coal mining and transportation in Jharkhand's Dhanbad region. Amidst rising concerns over coal theft, Shah directed officials to prioritize CISF deployment in vulnerable areas and ensure rigorous, coordinated action under the MMDR Act. The Coal Ministry will regularly review these measures.
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6h
Income tax department slaps notices on foreign investors with no earnings
INDIA MARKET | Sun, 5 Jul 2026, 11:52PM IST
Foreign investors are receiving unexpected tax notices in India, even for transactions where no profit or dividend was earned. The tax department is initiating reassessment proceedings, questioning the absence of income tax returns for share purchases. Experts highlight that such notices, potentially triggered by remittance data, may be misapplied to transactions that didn't generate income, causing confusion and compliance burdens for overseas entities.
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