Hyderabad-based Skyroot Aerospace scripted history with the successful launch of Vikram-1, India's first privately developed orbital-class rocket. Mission Aagaman carried multiple domestic and international payloads into Low Earth Orbit, marking a major milestone for India's commercial space sector.
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The rupee's recovery has unravelled as escalating tensions in the Middle East, higher oil prices, and a widening trade deficit push the currency back toward record lows. The analysis explores the RBI's intervention strategy, inflation risks, and why India's dependence on imported crude remains its biggest structural vulnerability.
The Union Cabinet’s latest approvals are set to transform India’s manufacturing landscape. Semicon 2.0 with a ₹1.275 lakh crore outlay, mobile phone manufacturing incentives, urea policy reforms, and railway infrastructure projects are expected to boost semiconductor, electronics, capital goods, fertilizer, and infrastructure sectors. Discover the industries and listed companies likely to remain in focus.
India’s CPI inflation increased to 4.38% in June, crossing the RBI’s 4% target due to rising food and fuel prices. Weak monsoon trends, crude oil prices, and global tensions remain key inflation risks.
The Indian rupee climbed to 94.49 against the US dollar, its strongest level in seven weeks, after a US-Iran peace agreement triggered a sharp decline in global oil prices. With India heavily dependent on imported crude, lower energy costs are easing pressure on the current account deficit, supporting the currency, and improving the outlook for inflation and monetary policy. Investors are now watching whether the peace deal is formally signed and whether oil prices continue to trend lower.
The RBI kept the repo rate unchanged at 5.25% in its June 2026 MPC meeting while lowering FY27 GDP growth estimates to 6.6% and raising inflation projections to 5.1%. The central bank also announced several measures to attract foreign capital and strengthen India's external sector amid rising global uncertainties.
As part of the changes, the existing 12% and 28% slabs have been removed. While 5% and 18% slabs are in place.
Indian stock markets ended sharply higher on July 29, 2026, with the Sensex gaining 888.68 points and the Nifty closing at 24,250.20. The rally was driven by sustained buying in IT stocks, positive FII inflows, lower market volatility, and expectations of an unchanged US Federal Reserve interest rate. Infosys led the IT surge, while broad-based gains across FMCG, Metals, Pharma, and Financials boosted overall market sentiment.
Indian stock markets remained flat on Tuesday, but IT stocks surged as investors shifted focus from global AI hardware concerns toward Indian software companies. TCS, Tech Mahindra and HCLTech led the rally.
Indian benchmark indices staged a strong recovery on July 27, 2026, ending a five-session losing streak. The Nifty and Sensex gained nearly 1% each, supported by easing US-Iran tensions, a sharp decline in crude oil prices, improved global sentiment, and strong buying in IT, Media, Realty, and Auto stocks. Infosys led the IT rally following leadership transition news and positive brokerage sentiment.
Global financial markets turned volatile as surging oil prices, Middle East tensions, rising bond yields, and renewed inflation concerns weighed on investor sentiment. Asian equities declined, technology stocks faced pressure, and central banks faced fresh policy challenges.
Indian stock markets ended sharply higher on July 29, 2026, with the Sensex gaining 888.68 points and the Nifty closing at 24,250.20. The rally was driven by sustained buying in IT stocks, positive FII inflows, lower market volatility, and expectations of an unchanged US Federal Reserve interest rate. Infosys led the IT surge, while broad-based gains across FMCG, Metals, Pharma, and Financials boosted overall market sentiment.
Indian stock markets remained flat on Tuesday, but IT stocks surged as investors shifted focus from global AI hardware concerns toward Indian software companies. TCS, Tech Mahindra and HCLTech led the rally.
Indian benchmark indices staged a strong recovery on July 27, 2026, ending a five-session losing streak. The Nifty and Sensex gained nearly 1% each, supported by easing US-Iran tensions, a sharp decline in crude oil prices, improved global sentiment, and strong buying in IT, Media, Realty, and Auto stocks. Infosys led the IT rally following leadership transition news and positive brokerage sentiment.
Global financial markets turned volatile as surging oil prices, Middle East tensions, rising bond yields, and renewed inflation concerns weighed on investor sentiment. Asian equities declined, technology stocks faced pressure, and central banks faced fresh policy challenges.
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