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HCL Technologies shares gained 2.01% to trade at Rs 1,211.30 in early trade on Friday. The stock, which is part of the Nifty 50 index, showed strong momentum. The company also declared an interim dividend of Rs 12.00 per share, which got an effective date of July 17, 2026.
RBI Governor Sanjay Malhotra said Middle East tensions and a weak monsoon are key risks for India’s economy. On Friday, he noted that inflation remains high due to supply issues. He said policymakers should remain in a “wait and watch” mode as the country faces these new global price pressures.
Assam plans to invest Rs 77,353 crore to generate 8,457 MW of power. Finance Minister Jayanta Mallabaruah said, "Assam's power sector is entering a transformational phase." The state will use hydro, solar, and thermal projects to become energy-surplus. This massive plan marks the largest investment pipeline in the state's history.
The Reserve Bank of India will launch a limited liability framework for digital banking frauds from January 1, 2027. Victims can get compensation up to ₹25,000. Governor Sanjay Malhotra said, “Since frauds can still happen despite preventive measures, we have introduced a limited liability framework which will come into effect.”
Madhya Pradesh secured Rs 20,193 crore in investment proposals at Bharat Tex 2026 in New Delhi. These deals will create over 27,000 jobs across the state. Chief Minister Yadav said, “Madhya Pradesh is emerging as a strong and reliable hub for investment and employment in the textile and garments sector.”
Nishith Khandwala raised $55 million for his AI startup, Bunkerhill, after a scan missed his father’s heart attack risk. The latest $25 million round was announced on July 16, 2026. Vinod Khosla said, “hospitals are becoming much more willing to adopt new software now that AI is showing real value.”
Oil prices rose on Friday as U.S.-Iran tensions grew near the Strait of Hormuz. Brent crude climbed to $85.28 a barrel after U.S. air strikes hit targets near Iran. Fatih Birol said, "Oil security is still a critical issue." Many fear supply risks as the conflict continues to impact global markets.
The BSE Sensex jumped over 600 points on Friday, while the Nifty 50 topped 24,200. Strong buying in IT stocks and upbeat earnings from Jio Financial Services lifted indices. Ponmudi R said, "a sustained move above that level could strengthen bullish momentum." Investors got busy with large-cap stocks despite weak global cues.
Chinese President Xi Jinping spoke at the World Artificial Intelligence Conference in Shanghai on Friday. He said China wants to ensure fair AI access for developing nations to avoid new historical injustices. China plans to work with many countries, including BRICS members, to share AI opportunities and build global capacity.
ITC Hotels acquired Welcomhotel Ahmedabad for Rs 155 crore, marking its second purchase in three months. The company also reported a 36 per cent jump in first quarter profit. Managing director Anil Chadha said, "Ahmedabad continues to be one of India's most dynamic commercial and industrial centres." Growth plans remain strong.
An AC sleeper bus service between Alipurduar and Calcutta started on Thursday. The bus has 34 berths and a bio-toilet. Samrat Sanyal said, "The new service is expected to benefit people who regularly travel between Alipurduar and Calcutta." Many passengers now use this comfortable option for their long-distance travel needs.
The National Highway Traffic Safety Administration on Thursday denied a Tesla petition to avoid a recall fix for headlight issues. The recall covers about 19,900 2017-2023 Tesla Model 3 and Model Y vehicles. The agency said it disagreed with Tesla and warned that bright lights could cause glare for other drivers.