Daily Republic News
- Business
- July 16, 2026
India Hikes Windfall Tax On Diesel, Jet Fuel As US-Iran Clash Rattles Crude
India has elevated the windfall taxes on the exports of fuels such as aviation turbine fuel and diesel by Rs 7 per litre each after surge in global crude oil prices as a direct result of fresh escalations in the US-Iran war. While the export duty linked to jet fuel and diesel hav Read More
- Business
- July 15, 2026
Now You Can Avoid Ethanol-Blended Fuel by Paying a Steep Premium for Pure Petrol, Union Minister Gadkari Clarifies
Consumers looking to completely avoid ethanol-blended fuel have the alternative option to purchase 100% pure petrol, but they must be willing to pay a heavy premium.Union Road Transport and Highways Minister Nitin Gadkari clarified the market choice amid an intensifying nationwid Read More
- Business
- July 15, 2026
LPG in Minutes? Instamart Partners With HPCL to Launch India’s First On-Demand Cylinder Delivery via Quick Commerce
India’s quick commerce sector has expanded into the regulated domestic utility market. Swiggy Instamart announced partnership with Hindustan Petroleum Corporation Limited (HPCL) to launch the country’s first on-demand liquefied petroleum gas (LPG) cylinder delivery service via a Read More
- Business
- July 15, 2026
Union Cabinet Approves India Semiconductor Mission 2.0 With Mega Outlay Of Rs 1.25 Lakh Crore
The Union Cabinet has cleared the second phase of the country’s flagship chip manufacturing program, the India Semiconductor Mission 2.0 (ISM 2.0). The revamped scheme has been cleared with a fiscal outlay of Rs 1.25 lakh crore.The change is to reassure long-term institutional in Read More
- Business
- July 15, 2026
ICICI Pru Life Insurance Q1 Profit Surges 28% YoY To Rs 386 Cr
Insurance mammoth ICICI Prudential Life Insurance on Wednesday, July 15, posted a 27.8% year-on-year (YoY) surge in its standalone profit to Rs 386 crore for the quarter ended June in the current year (Q1FY27). According to the Mumbai-headquartered company, the annual rise in its Read More
- Business
- July 15, 2026
Patanjali Issues Statement After Stock Slides 17%, Shares Hit Six Year Low
The Sanjeev Asthana led Patanjali Foods Ltd said there are no undisclosed material events behind the sharp fall in its share price in trade on Wednesday, July 15, after the stock continued its losing streak for the third consecutive sessionThe stock fell as much as 17.1% to Rs 33 Read More
- Business
- July 15, 2026
Stripe and Advent International Launch Joint $53 Billion Offer to Acquire PayPal: Report
Payments company Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the payments company at more than $53 billion, two people said.The offer, submitted earlier this month, is Read More
- Business
- July 15, 2026
Ather Energy Stock Skyrockets 9% After Hero MotoCorp Approves Rs 1k Cr Investment
Ather Energy Share Price: The shares of EV major Ather Energy surged over 9% to hit a 52-week-high on Wednesday, July 15, after Hero MotoCorp announced an investment of upto R 1,000 crore in the company.The electric two-wheeler manufacturer’s stock price rose as much as 9.74% to Read More
- Business
- July 15, 2026
Fintech Leader Groww Reports Strong Q1 FY27 Results; Net Profit Surges 94% To Rs 735 Crore
Billionbrains Garage Ventures, the parent company of wealthtech platform Groww, reported an outstanding set of numbers for the first quarter of financial year 2027 (Q1 FY27). Supported by strong market momentum and high transaction volumes across its core offerings, the firm’s ne Read More
- Business
- July 15, 2026
China Q2 GDP Growth Slows to 4.3% as Weak Domestic Demand and Property Slump Drag Down Quarterly Growth
China’s economy grew at its slowest quarterly pace since late 2022 in the April-June period, because of mounting challenges from weak domestic demand, a prolonged property slump and slowing investment despite resilient exports driven by artificial intelligence-related products. Read More
