Daily Republic News
- Business
- July 27, 2026
IDFC First Bank Stock Surges Up to 9% as Q1 Net Profit More Than Doubles to ₹1,075 Crore
Shares of IDFC First Bank Limited surged near its 52-week high on Monday, July 27, 2026, after the private sector lender reported a record-high quarterly net profit for the April-June period, boosted by robust loan growth and lower credit costs.The bank’s stock opened significant Read More
- Business
- July 27, 2026
From IIP Data To Fed Rate Decision: Key Triggers To Sway Investor Confidence This Week
While the Indian stock market rang in green on Monday, July 27, both domestic and foreign institutional investors will be keenly observing several key data releases this week, including Industrial Production data, and the US Fed Reserve interest decision.Domestic Data Triggers To Read More
- Business
- July 27, 2026
Nifty IT Index Surges Over 2.3% to 29,450; OFSS and Infosys Lead Broad-Based Rally as Brokerages Eye Currency Tailwinds
India’s IT index surged over 2.3% in morning trade on Monday, July 27, 2026, outperforming broader markets as aggressive institutional buying across major tech counters, led by Oracle Financial Services Software (OFSS) and Infosys, pushed the benchmark to fresh intraday highs.The Read More
- Business
- July 27, 2026
Why Jefferies Upgarded Its Stance On Indian IT Sector
Brokerage major Jefferies has changed its stance from underweights on the Indian IT sector, whilst adding shares of Infosys Ltd. to its model portfolio, as part of its India strategy note on July 27.On the other hand, several other brokerages continue to expect negative bias to c Read More
- Business
- July 27, 2026
The Curious Case of CXMT: China’s Chip Giant Surges 470% in Shanghai Debut After Asia’s Biggest IPO
Shares of ChangXin Memory Technologies (CXMT) soared around 470% on their stock market debut on Monday, July 27, 2026, turning China’s largest DRAM memory producer into one of the country’s most valuable tech firms following Asia’s biggest initial public offering this year.The He Read More
- Business
- July 24, 2026
Paramount Agrees To Freeze $81 Billion Warner Deal Until 2027 After Judge Flags ‘Serious Questions’
New York: Paramount and Warner Bros. Discovery have agreed to delay closing their $81 billion merger well into next year, a stunning move that arrives as a judge continues to consider a challenge from 12 states seeking to block the deal altogether.Paramount said in a filing Frida Read More
- Business
- July 24, 2026
India July Flash PMI Slips to 54.3: Private Sector Expansion Slows to Lowest Level Since March 2022
India’s private sector activity expanded at its weakest pace in over four years in July 2026, as momentum in the services industry cooled significantly, according to preliminary survey data from HSBC and S&P Global. Services Drag Composite PMI to 54.3The flash reading for the HSB Read More
- Business
- July 24, 2026
Infosys Shares Fall 2.4% After IT Major Trims Full-Year FY27 Revenue Growth Guidance
Shares of Infosys Limited dropped nearly 2.5% in morning trade on Friday, July 24, 2026, as investor sentiment was dampened by the IT giant’s decision to narrow its full-year revenue growth outlook despite a steady quarter.Revenue Guidance Revision Triggers Stock Sell-OffTrading Read More
- Business
- July 24, 2026
IndiGo Shares Fall 2.4% After Airline Swings to ₹238 Crore Q1 Net Loss on High Fuel Costs
Shares of InterGlobe Aviation Limited fell as much as 2.7% in morning trade on Friday after the operator of India’s top budget carrier IndiGo reported a quarterly net loss, overwhelmed by an 86% surge in jet fuel costs and West Asia flight disruptions.Trading at ₹4,902.50 as of 1 Read More
- Business
- July 24, 2026
Trump Tariffs 2.0 Kick Off Today: US Slaps 10% Tariff on India Under Section 301 Forced Labor Action
The United States rolled out fresh trade tariffs ranging from 10% to 12.5% across 60 economies on Friday, with India successfully dodging a higher duty bracket to secure a lower 10% rate following policy changes on forced labor practices.Under the direct authorization of US Presi Read More
