Daily Republic News
- Business
- July 17, 2026
Gold Faces Biggest Weekly Loss in 6 Weeks as US-Iran Clashes and Oil Spike Fuel Inflation Fears
Gold was on track for its biggest weekly loss in six on Friday, as escalating U.S.-Iran clashes lifted oil prices, adding to inflationary pressures and strengthening the case for higher U.S. interest rates. Spot gold was up 0.3% at $3,980.64 per ounce by 0455 GMT, having touched Read More
- Business
- July 17, 2026
Tech Mahindra Stock Surges on Robust Q1 Earnings, Margin Expansion Spurs Brokerage Target Hikes
Shares of Tech Mahindra Limited rallied sharply on Friday morning after the company reported a massive 28.4% year-on-year surge in its consolidated first-quarter net profit, alongside resilient sequential margin improvement.By 10:52 AM IST, Tech Mahindra was trading higher at ₹1, Read More
- Business
- July 17, 2026
Wipro Stock Slips 2% As Muted Q1 Earnings, Weak September Guidance Disappoint Street Investors
Shares of Wipro Limited fell over 2% on Friday morning after India’s fourth-largest software services exporter reported disappointing operating margins and a cautious guidance band for the September quarter.By 10:33 AM IST, Wipro was trading at ₹175.40 on the National Stock Excha Read More
- Business
- July 16, 2026
Wipro Q1 Results: Net Profit Halts At ₹3,356 Crore Even As Revenue Jumps 11 Percent
Indian technology services giant Wipro Limited reported a flat consolidated net profit for the first quarter of financial year 2026-27 (Q1 FY27), as rise in total expenditures offset its double-digit revenue expansion.Wipro posted a consolidated net profit of ₹3,356.3 crore for t Read More
- Business
- July 16, 2026
India Identifies $51 Billion in Critical Imports for Manufacturing to Reduce Reliance on Overseas Suppliers: Report
India is seeking to push domestic manufacturing across a pool of items currently worth $51 billion in imports, three government sources said, as Prime Minister Narendra Modi seeks to reduce the country’s reliance on overseas suppliers.The South Asian nation imported $775 billion Read More
- Business
- July 16, 2026
RBI Proposes Comprehensive Data Governance Framework to Strengthen Risk Management Systems Across Banks and NBFCs
The Reserve Bank of India (RBI) has proposed a comprehensive data governance framework requiring banks, non-banking financial companies (NBFCs) and other regulated entities to strengthen data risk management as part of their overall risk management systems.It says “Data has incre Read More
- Business
- July 16, 2026
Former RBI Chief Raghuram Rajan among 3 Indians Picked For US Federal Reserve Reform Roles
The US Federal Reserve has tapped former Reserve Bank of India (RBI) Governor Raghuram Rajan and two other prominent Indian-origin leaders for advisory roles to reshape American monetary policy.The appointments were announced Thursday by the newly appointed Fed Chairman, Kevin Wa Read More
- Business
- July 16, 2026
SpaceX Shares Decline 33% From Record High to Fall Below $135 IPO Price Ahead of Insider Lockup Expiries
The dip in SpaceX’s shares below its blockbuster IPO price of $135 a share is an ominous sign for Elon Musk’s internet and rocket company as it faces more potential volatility in early August, when the number of shares available for trading on the Nasdaq stands to increase signif Read More
- Business
- July 16, 2026
SBI Funds Management IPO Day 3: Strong Retail Buying Clears Path For Solid Listing
Investor bidding picked up rapid speed on Thursday morning as the ₹9,812.91 crore initial public offering of SBI Funds Management Limited entered its final hours. This is one of India’s biggest public issues of 2026.The IPO is backed by State Bank of India (SBI) and France’s Amun Read More
- Business
- July 16, 2026
ICICI Lombard Stock Crashes 11% After Q1 Profit Slumps 46% On Higher Insurance Claims
Shares of ICICI Lombard General Insurance Company Limited plunged nearly 11% in early trade on Thursday after the private general insurer reported a significant miss on its first-quarter earnings, triggering brokerages to cut their ratings on the stock.As of 10:16 AM IST, the sto Read More
