Centre nearly doubles windfall tax on diesel, ATF exports as oil surges; cuts petrol levy
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Moneycontrol
Centre nearly doubles windfall tax on diesel, ATF exports as oil surges; cuts petrol levy- Moneycontrol.com
The rates are prescribed based on the average international prices of crude oil, petrol, diesel and ATF prevailing during the period since the last review.
Commodity Corner: Oil extends rally on Middle East tensions; gold steady
Silver was steady at $57.78 an ounce, while platinum and palladium edged lower.
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https://www.moneycontrol.com/news/business/markets/commodity-corner-oil-extends-rally-on-middle-east-tensions-gold-steady-13975185.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Silver was steady at $57.78 an ounce, while platinum and palladium edged lower.
Read More:
https://www.moneycontrol.com/news/business/markets/commodity-corner-oil-extends-rally-on-middle-east-tensions-gold-steady-13975185.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Commodity Corner: Oil extends rally on Middle East tensions; gold steady- Moneycontrol.com
Silver was steady at $57.78 an ounce, while platinum and palladium edged lower.
🚨 Aurum PropTech to acquire Housing.com for Rs 458 crore
The acquisition will be completed by September 2026.
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https://www.moneycontrol.com/news/business/aurum-proptech-to-acquire-housing-com-for-rs-458-crore-13975501.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
The acquisition will be completed by September 2026.
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https://www.moneycontrol.com/news/business/aurum-proptech-to-acquire-housing-com-for-rs-458-crore-13975501.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Aurum PropTech to acquire Housing.com for Rs 458 crore- Moneycontrol.com
The acquisition will be completed by September 2026
How to use AI at work without sounding ‘artificial and rude', experts share 3 tips
Take a look:
https://www.moneycontrol.com/news/trends/how-to-use-ai-at-work-without-sounding-artificial-and-rude-experts-share-3-tips-13975522.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Take a look:
https://www.moneycontrol.com/news/trends/how-to-use-ai-at-work-without-sounding-artificial-and-rude-experts-share-3-tips-13975522.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
How to use AI at work without sounding ‘artificial and rude', experts share 3 tips- Moneycontrol.com
This comes as AI tools become increasingly embedded in office life. Researchers have also found that people who outsource social and relationship-based tasks to AI are often viewed more negatively by colleagues.
ICICI Prudential expects Standard Chartered partnership to continue despite Prudential's exit plan
- ICICI Pru expects Standard Chartered partnership to continue.
- Prudential Plc's exit won't affect Standard Chartered tie-up.
- VNB rose 24.9% in Q1, driven by protection products.
More details
https://www.moneycontrol.com/banking/icici-prudential-expects-standard-chartered-partnership-to-continue-despite-prudential-s-exit-plan-article-13975523.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
- ICICI Pru expects Standard Chartered partnership to continue.
- Prudential Plc's exit won't affect Standard Chartered tie-up.
- VNB rose 24.9% in Q1, driven by protection products.
More details
https://www.moneycontrol.com/banking/icici-prudential-expects-standard-chartered-partnership-to-continue-despite-prudential-s-exit-plan-article-13975523.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
ICICI Prudential expects Standard Chartered partnership to continue despite Prudential's exit plan- Moneycontrol.com
GST headwinds to persist for another quarter, focus remains on absolute VNB growth, CFO Dhiren Salian says
SBI Funds IPO GMP signals healthy listing gains as bidding ends today; should you subscribe?
- SBI Funds Management IPO closes today, July 16.
- IPO subscribed over 6.1 times by July 16 mid-day.
- Grey market premium indicates 16% listing gain.
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https://www.moneycontrol.com/news/business/ipo/sbi-funds-ipo-gmp-signals-healthy-listing-gains-as-bidding-ends-today-should-you-subscribe-13975621.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
- SBI Funds Management IPO closes today, July 16.
- IPO subscribed over 6.1 times by July 16 mid-day.
- Grey market premium indicates 16% listing gain.
Read More:
https://www.moneycontrol.com/news/business/ipo/sbi-funds-ipo-gmp-signals-healthy-listing-gains-as-bidding-ends-today-should-you-subscribe-13975621.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
SBI Funds IPO GMP signals healthy listing gains as bidding ends today; should you subscribe?- Moneycontrol.com
According to market tracking platforms Investorgain and IPO Watch, the GMP for the SBI Funds Management IPO stands at Rs 92 per share as of July 16, indicating a potential listing gain of about 16 percent over the upper end of the price band of Rs 574 and…
OnePlus to replace OxygenOS with ColorOS as Oppo deepens software integration; denies India exit speculation
- OnePlus to replace OxygenOS with Oppo's ColorOS.
- Move aims for unified software & faster updates.
- Part of broader restructuring of Oppo's brands.
More details
https://www.moneycontrol.com/technology/oneplus-to-replace-oxygenos-with-coloros-as-oppo-deepens-software-integration-denies-india-exit-speculation-article-13975715.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
- OnePlus to replace OxygenOS with Oppo's ColorOS.
- Move aims for unified software & faster updates.
- Part of broader restructuring of Oppo's brands.
More details
https://www.moneycontrol.com/technology/oneplus-to-replace-oxygenos-with-coloros-as-oppo-deepens-software-integration-denies-india-exit-speculation-article-13975715.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
OnePlus denies India exit speculation, to replace OxygenOS with ColorOS as Oppo deepens software integration- Moneycontrol.com
The move marks a significant shift for the premium smartphone brand, whose OxygenOS has long been positioned as a key differentiator with its clean, near-stock Android experience. ColorOS, developed by sister brand Oppo, already powers Oppo smartphones globally…
Sensex, Nifty end flat after volatile trade; IT, consumer durables shine | Closing Bell
https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-nifty50-share-price-sensex-share-price-crude-fii-gift-nifty-rupee-latest-updates-16-07-2026-liveblog-13975124.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-nifty50-share-price-sensex-share-price-crude-fii-gift-nifty-rupee-latest-updates-16-07-2026-liveblog-13975124.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
IT services major Tech Mahindra's headcount decreased by 863 sequentially in the first quarter ended June 30, 2026, as the company continues to focus on improving utilisation rate and margins.
The Pune-headquartered IT firm’s total workforce stands at 146,760.
https://www.moneycontrol.com/news/business/information-technology/tech-mahindra-s-headcount-plunges-by-863-employees-in-q1-attrition-rate-falls-to-11-8-13975834.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
The Pune-headquartered IT firm’s total workforce stands at 146,760.
https://www.moneycontrol.com/news/business/information-technology/tech-mahindra-s-headcount-plunges-by-863-employees-in-q1-attrition-rate-falls-to-11-8-13975834.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
CBDT enables taxpayers to view their foreign asset information via annual information statement
- CBDT displays foreign asset info in AIS.
- AEOI data aids voluntary tax compliance.
- Includes foreign bank, investment details.
More details
https://www.moneycontrol.com/news/business/cbdt-enables-taxpayers-to-view-their-foreign-asset-information-via-annual-information-statement-13975942.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
- CBDT displays foreign asset info in AIS.
- AEOI data aids voluntary tax compliance.
- Includes foreign bank, investment details.
More details
https://www.moneycontrol.com/news/business/cbdt-enables-taxpayers-to-view-their-foreign-asset-information-via-annual-information-statement-13975942.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
CBDT enables taxpayers to view their foreign asset information via annual information statement- Moneycontrol.com
The initiative has been designed solely to facilitate taxpayers by providing them access to information available with the Department under international exchange mechanisms.
SBI Funds Management IPO becomes India's fifth-largest by bid value, attracts Rs 2.98 lakh crore in bids
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https://www.moneycontrol.com/news/business/ipo/sbi-funds-management-ipo-becomes-india-s-fifth-largest-by-bid-value-attracts-rs-2-98-lakh-crore-in-bids-13975910.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
SBI Funds Management IPO becomes India's fifth-largest by bid value, attracts Rs 2.98 lakh crore in bids- Moneycontrol.com
Rs 9,813 crore issue attracts bids worth Rs 2.98 lakh crore; QIB portion subscribed nearly 140 times.
Govt to replace Ordinance by introducing Income Tax (Amendment) Bill in Monsoon session
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https://www.moneycontrol.com/news/business/personal-finance/govt-to-replace-ordinance-by-introducing-income-tax-amendment-bill-in-monsoon-session-13975982.html
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https://www.moneycontrol.com/news/business/personal-finance/govt-to-replace-ordinance-by-introducing-income-tax-amendment-bill-in-monsoon-session-13975982.html
Moneycontrol
Govt to replace Ordinance by introducing Income Tax (Amendment) Bill in Monsoon session- Moneycontrol.com
The Income-tax (Amendment) Bill, 2026, will replace the Income Tax (Amendment) Ordinance, 2026, according to the list of new bills to be tabled in the upcoming session beginning July 20.
Gold prices steady for second day; silver slides Rs 1,500
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https://www.moneycontrol.com/news/business/personal-finance/gold-prices-steady-for-second-day-silver-slides-rs-1-500-13976027.html
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https://www.moneycontrol.com/news/business/personal-finance/gold-prices-steady-for-second-day-silver-slides-rs-1-500-13976027.html
Moneycontrol
Gold prices steady for second day; silver slides Rs 1,500- Moneycontrol.com
Gold, of 99.9 per cent purity, traded flat at Rs 1,46,300 per 10 grams, according to the All India Sarafa Association.
Skyroot aims to launch maiden test flight of Vikram-1 on July 18
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https://www.moneycontrol.com/news/business/skyroot-aims-to-launch-maiden-test-flight-of-vikram-1-on-july-18-13976074.html
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https://www.moneycontrol.com/news/business/skyroot-aims-to-launch-maiden-test-flight-of-vikram-1-on-july-18-13976074.html
Moneycontrol
Skyroot aims to launch maiden test flight of Vikram-1 on July 18- Moneycontrol.com
Vikram-1 is a seven-storey-tall, multi-stage orbital launch vehicle built with an all-carbon composite structure and powered by in-house developed propulsion systems, including 3D-printed engines and high-thrust solid-fuel rocket boosters.
Reliance Industries Q1 preview: Strong O2C, steady Jio seen supporting earnings; retail margins a key watch
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https://www.moneycontrol.com/news/business/markets/reliance-industries-q1-preview-strong-o2c-steady-jio-seen-supporting-earnings-retail-margins-a-key-watch-13975703.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Reliance Industries Q1 preview: Strong O2C, steady Jio seen supporting earnings; retail margins a key watch- Moneycontrol.com
Reliance Industries is expected to report a resilient Q1 FY27 performance on Friday, with stronger refining and petrochemical earnings and steady growth at Jio likely to offset pressure in retail margins and the upstream business.
🚨 Covid making a comeback? Andhra reports 12 cases, 4 deaths in less than a month
The Health Commissioner said the infections were reported from different mandals and were not linked to any single cluster,
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https://www.moneycontrol.com/city/covid-making-a-comeback-andhra-reports-12-cases-4-deaths-in-less-than-a-month-article-13976470.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
The Health Commissioner said the infections were reported from different mandals and were not linked to any single cluster,
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https://www.moneycontrol.com/city/covid-making-a-comeback-andhra-reports-12-cases-4-deaths-in-less-than-a-month-article-13976470.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Covid making a comeback? Andhra reports 12 cases, 4 deaths in less than a month- Moneycontrol.com
Covid cases in Andhra Pradesh: The Health Commissioner said the infections were reported from different mandals and were not linked to any single cluster, indicating that there was no localised outbreak.
🚨Iran vows to halt oil and gas exports through Strait of Hormuz amid escalating conflict with US
-Iran warns to block Strait of Hormuz after US strikes.
-US carried out major strikes on Iranian military sites.
-Strait of Hormuz vital for global oil and gas exports.
Read More:
https://www.moneycontrol.com/world/iran-vows-to-halt-oil-and-gas-exports-through-strait-of-hormuz-amid-escalating-conflict-with-us-article-13976290.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
-Iran warns to block Strait of Hormuz after US strikes.
-US carried out major strikes on Iranian military sites.
-Strait of Hormuz vital for global oil and gas exports.
Read More:
https://www.moneycontrol.com/world/iran-vows-to-halt-oil-and-gas-exports-through-strait-of-hormuz-amid-escalating-conflict-with-us-article-13976290.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Iran vows to halt oil and gas exports through Strait of Hormuz amid escalating conflict with US- Moneycontrol.com
Iran's Islamic Revolutionary Guard Corps has maintained that the narrow maritime passage—through which nearly a fifth of the world's oil supply is transported—could effectively be shut if the conflict with the US escalates further.
Chinese smartphone brands lose ground in India as June-quarter shipments post steepest fall in six years
-Chinese handset makers lost India market share.
-India smartphone shipments fell 10% in Q2.
-Rising prices, memory costs impacted sales.
Read:
https://www.moneycontrol.com/technology/chinese-smartphone-brands-lose-ground-in-india-as-june-quarter-shipments-post-steepest-fall-in-six-years-article-13976487.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
-Chinese handset makers lost India market share.
-India smartphone shipments fell 10% in Q2.
-Rising prices, memory costs impacted sales.
Read:
https://www.moneycontrol.com/technology/chinese-smartphone-brands-lose-ground-in-india-as-june-quarter-shipments-post-steepest-fall-in-six-years-article-13976487.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Chinese smartphone brands lose ground in India as June-quarter shipments post steepest fall in six years- Moneycontrol.com
Counterpoint said Chinese brands, which derive a significant portion of their volumes from affordable smartphones, lost market share as consumers delayed purchases. In response, several manufacturers expanded their 4G portfolios to cater to value-conscious…
Rupee near record low as oil spike, weak inflows and dollar demand pile pressure on currency
- Indian rupee near record low against US dollar.
- Weakness driven by oil prices, low inflows, dollar demand.
- RBI measures had limited impact on currency recovery.
More details⏬
https://www.moneycontrol.com/news/business/markets/rupee-near-record-low-as-oil-spike-weak-inflows-and-dollar-demand-pile-pressure-on-currency-13976569.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
- Indian rupee near record low against US dollar.
- Weakness driven by oil prices, low inflows, dollar demand.
- RBI measures had limited impact on currency recovery.
More details⏬
https://www.moneycontrol.com/news/business/markets/rupee-near-record-low-as-oil-spike-weak-inflows-and-dollar-demand-pile-pressure-on-currency-13976569.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Rupee near record low as oil spike, weak inflows and dollar demand pile pressure on currency- Moneycontrol.com
The rupee touched a record low of 96.83 per US dollar on May 20 and was trading around 96.30 on Friday, just 0.55 percent away from its all-time low.
#EarningsWithMC | Reliance Industries promoters raise stake to 50.48%; stock gains 2% ahead of Q1 results
-RIL promoters increased stake in April-June quarter.
-Promoter group holding rose to 50.48%.
-RIL shares gained 2% ahead of Q1 earnings.
Read More:
https://www.moneycontrol.com/news/business/markets/reliance-industries-promoters-raise-stake-to-50-48-stock-gains-2-ahead-of-q1-results-13976684.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
-RIL promoters increased stake in April-June quarter.
-Promoter group holding rose to 50.48%.
-RIL shares gained 2% ahead of Q1 earnings.
Read More:
https://www.moneycontrol.com/news/business/markets/reliance-industries-promoters-raise-stake-to-50-48-stock-gains-2-ahead-of-q1-results-13976684.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Reliance Industries promoters raise stake to 50.48%; stock gains 2% ahead of Q1 results- Moneycontrol.com
Reliance Industries' promoter group raised its equity stake by 48 basis points to 50.48 percent during the June quarter. The stock was among the top gainers on Nifty 50 ahead of the company's Q1 FY27 results due later on Friday.
#MarketsWithMC | 🔔📈Closing Bell: Sensex surges 965 pts, Nifty above 24,300; IT, auto and banks lead rally
Sensex and Nifty extended gains sharply in afternoon trade on Thursday, led by strength in IT, private banking and auto stocks, even as the broader market remained under pressure.
Catch latest updates here 👇
https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-nifty50-share-price-sensex-share-price-crude-fii-gift-nifty-rupee-latest-updates-17-07-2026-liveblog-13976146.html
Sensex and Nifty extended gains sharply in afternoon trade on Thursday, led by strength in IT, private banking and auto stocks, even as the broader market remained under pressure.
Catch latest updates here 👇
https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-nifty50-share-price-sensex-share-price-crude-fii-gift-nifty-rupee-latest-updates-17-07-2026-liveblog-13976146.html