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Indian equity markets ended on a subdued note on 17 July as the Nifty 50 slipped 5.75 points to close at 24,072.75. The benchmark saw a volatile session with many stocks falling. Market breadth remained weak, and investors now wait for fresh triggers to decide the next big move.
Waaree Energies started a 5.15-GWh battery energy storage system plant in Gujarat. The company said, "Battery Energy Storage Systems are the backbone of a renewable-powered future." This facility uses advanced technology to make storage containers. They now target a 20-GWh capacity to help India improve grid stability and energy security.
International airlines are increasing premium offerings on India routes due to high demand for business and first-class seats. Lufthansa started using Airbus A380 aircraft on the Munich-Mumbai route last week. From October 25, Emirates will operate an A380 from Delhi to Dubai to provide more seats for travelers.
India issued a ₹28,000 crore EPC tender for the Mahi Banswara nuclear power plant in Rajasthan. Anushakti Vidhyut Nigam released the bid for four 700 MWe reactors. NPCIL said, "The project marks another significant milestone in strengthening India's indigenous nuclear manufacturing ecosystem." This initiative supports the country's clean energy goals.
Treating all debt as an equal enemy is a costly financial mistake. While many people rush to pay off home loans, smart borrowing for assets like education or property can actually help your wealth grow. Avoid high-interest personal loans for gadgets, as these bad debts only drain your net worth.
Kharif sowing fell 16% to 53.1 million hectares by July 10, agriculture ministry data showed on Thursday. A patchy monsoon caused this drop, leaving many fields empty. Agriculture Minister Shivraj Singh Chouhan said, "If countries without access to genetically modified seeds can get better yields in pulses, why can't India?"
Madhya Pradesh secured investment proposals worth Rs 1,592 crore at Bharat Tex 2026. These deals are expected to create over 15,700 jobs across the textile sector. Chief Minister Mohan Yadav said the state has emerged as a "Farm to Fashion" destination, offering a complete value chain for many global companies.
Industry body FAITH advocated for a tourism growth charter at its annual conclave to unlock new opportunities. India’s tourism sector will grow at 8.5% this year, contributing $286 billion to GDP. FAITH chairman Puneet Chhatwal said, "Tourism is a growth engine that has a multiplier effect on economic development."
CEAT Ltd reported a 96.4% net profit fall to ₹4 crore for Q1 FY27 on July 16. Despite this, revenue grew 22.4% to ₹4,318 crore. The firm now plans a ₹1,205 crore expansion to add 53,000 tyres daily capacity by FY2031, aiming to boost growth despite ongoing margin pressures.
Indian Metals and Ferro Alloys plans to raise ore output to 12 lakh tonnes annually with ₹1,200 cr investment. The company recently acquired a Tata Steel unit in Odisha and will soon commission a new furnace. Managing Director Subhrakant Panda said, "We plan to double our chrome ore mining production."
De Beers’ Forevermark is expanding its retail presence in India as lab-grown diamonds impact its core mining business. The company saw its rough-diamond price index fall 20% in 2024. Yarabolu said, “We are a jewellery company that is using diamonds as a medium.” The brand now targets younger, modern consumers.
China’s Anhui Korrun said a fund invested 2.90 billion yuan for a stake in DeepSeek, implying a valuation of $51.82 billion. This stock-exchange filing showed rare public evidence about the startup’s maiden external fundraising. The low-profile company has never publicly announced or detailed these financial figures until this recent report.