BILKUL BAZAAR— The Daily News Wrap
9:00 PM | 29 July – 30 July 2026
National Business News Highlights
1. India’s Merchandise Exports Rise 15%
India’s merchandise exports recorded a 15% year-on-year increase despite global trade disruptions and Red Sea shipping challenges, reflecting resilient overseas demand.
2. Sensex, Nifty End Higher
Indian benchmark indices closed with modest gains. The Sensex rose 274 points to 77,928 while the Nifty added 67 points to settle at 24,317, supported by banking and IT stocks.
3. Government Debunks Fake Investment Video
The Finance Ministry warned investors against a viral AI-generated video falsely showing the Finance Minister endorsing an investment scheme, urging people to rely only on official sources.
4. Gold and Silver Prices Climb
Bullion prices edged higher in domestic markets, with 24-carat gold and silver gaining amid safe-haven buying following global geopolitical uncertainties.
5. Crude Oil Prices Reverse Earlier Gains
Global crude prices eased during the day after an early rally. Brent crude slipped below earlier highs as traders assessed supply and demand outlooks.
6. E20 Fuel Declared Safe for Vehicles
The Centre reiterated that E20 ethanol-blended petrol is safe for compatible vehicles, aiming to accelerate India’s biofuel programme and reduce oil imports.
7. ITR Portal Ready for Filing Rush
The government said the Income Tax e-filing portal is fully prepared to handle the last-minute surge in returns, even as taxpayers continue seeking an extension of the deadline.
8. EPFO Simplifies Claim Tracking
The Employees’ Provident Fund Organisation issued fresh guidance explaining claim status messages and expected settlement timelines to improve subscriber awareness.
9. India’s Russian Oil Imports May Hit Record
India’s crude oil imports from Russia are expected to touch nearly 3 million barrels per day, highlighting the country’s strategy to secure affordable energy supplies.
10. Domestic Markets Stay Resilient Despite Global Volatility
Indian equities outperformed several Asian peers despite global uncertainty over interest rates and geopolitical tensions, reflecting continued domestic investor confidence.
🌍 International Business News
1. Samsung Reports Strong Q2 Results
Samsung Electronics posted robust second-quarter earnings, driven by booming AI-chip demand and strong semiconductor performance.
2. Wall Street Mixed as Tech Stocks Lead
US markets ended mixed, with the Nasdaq outperforming after strong gains in technology stocks led by Microsoft, while investors monitored Federal Reserve signals.
3. US Bond Yields Hit 19-Year High
Long-term US Treasury yields climbed to their highest level in nearly two decades as markets reacted to the Federal Reserve’s policy stance and inflation concerns.
4. Eurozone Economy Shows Unexpected Growth
The eurozone economy expanded by 0.4% in the second quarter, outperforming expectations despite ongoing energy-related challenges.
5. AI Boom Continues to Lift Global Tech Sector
Strong corporate earnings from leading technology companies reinforced investor confidence in AI-driven growth, boosting sentiment across global technology markets.
💬 Quote of the Day
“The successful warrior is the average person with laser-like focus.” — Bruce Lee
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