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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Vedanta clears Rs 2,575 crore NCD fundraise to refinance debt, strengthen balance sheet

Vedanta Ltd on Monday said its committee of directors has approved raising up to Rs 2,575 crore through the issuance of...

There’s a Red Sea alternative to Strait of Hormuz for Saudi oil, but here’s the problem: Why Yanbu route may not work

As the Strait of Hormuz remains closed with Iran squeezing oil trade and the global economy in retaliation for US-Israeli strikes, Saudi Arabia...

India-US trade deal: Commerce secretary shares important update; ‘actual signing when new architecture of tariffs in place’

In early February, India and the US announced a trade deal framework under which the US cut tariffs on Indian exports to...

PhonePe IPO put on hold as Iran war rattles stock market| Business News

PhonePe Ltd. on Monday announced it has temporarily deferred its IPO due to the current geopolitical conflicts and market volatility and will resume...

US forced labour probe: China urges Trump to ‘immediately correct erroneous’ trade practices

China on Monday pushed back against the United States over a new set of trade investigations launched last week, saying that...

China’s Hua Hong readies 7 nm AI chip as Beijing steps up self-sufficiency drive| Business News

China's Hua Hong Group has developed advanced chip manufacturing technology that can be used to produce AI chips, four people familiar with the...
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