Friday, July 17, 2026

Business

LPG subsidy bill races beyond budget, may hit Rs 1 lakh crore this fiscal

The government's spending on LPG subsidies could climb past Rs 1 lakh crore in FY27, far exceeding the Rs 30,000 crore set aside in the Union...

Shipping via Hormuz disrupted, Iran could tell Houthis to shut Bab al-Mandab: Why the narrow waterway matters

Tehran has told Yemen's Houthi rebels to be ready to close the Bab al-Mandab Strait if the...

Why India’s first hydrogen train is special – explained

With the launch of a hydrogen train, India has undoubtedly taken a big leap in the...

Asian markets tumble as AI stock sell-off deepens; Nikkei sinks nearly 6%, HSI plunges 2%

Asian equities tumbled in red on Friday as concerns over artificial intelligence led stocks deepened,...

Gold price prediction: Is it time to buy gold on dips? Check July 17, 2026 outlook

From a technical perspective, the 8-period EMA has started turning higher and is attempting to cross...
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China’s exports jump 19.4 per cent in May, driven by tech and EV demand

China's exports grew at a faster-than-predicted pace in May, supported by strong overseas demand for semiconductors, electric vehicles and other technology-related...

Wall Street Is Rushing to Fund the AI Bonanza in Every Conceivable Way

Funding rounds and IPOs raising 11-figure sums. Blockbuster bond sales spanning three continents. The casual announcement of an $85 billion equity raise.Such is...

Strait of Hormuz closure: Why high oil prices may be a temporary shock only – explained

The disruption has resulted in a temporary supply bottleneck driven by logistics issues rather than a permanent reduction in oil production. (AI...

UK pharma giant GSK to buy US-based cancer drugmaker Nuvalent for $10.6 billion

GSK Plc agreed to buy Nuvalent Inc. in a deal valued at $10.6 billion, adding a biotech firm that’s developing treatments for lung...

ITR filing FY 2025-26: What is Form 16 and where do you get it from? Top things salaried taxpayers should know

Let’s understand what is Form 16, what does it tell the taxpayer, and where can employees get it from: (AI image) ITR...

Tim Cook’s final WWDC keynote sets Apple on a new AI course

In what is Tim Cook’s last keynote as CEO, before he hands over the reigns of Apple Inc. to John Ternus, the tech...
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