BILKUL BAZAAR— The Daily News Wrap

July 17, 2026 Bilkul Bazaar

Bilkul Bazaar |

9:00 PM | 16 July – 17 July 2026

National Business News Updates

1. Indian stock markets end week on a strong note

The Sensex surged 969 points to close at 78,151, while the Nifty gained 1.09% to settle at 24,334, led by strong buying in IT and financial stocks ahead of key corporate earnings. Reliance Industries, Tech Mahindra and Jio Financial were among the top gainers

2. India-UK trade agreement moves closer to implementation
India and the United Kingdom advanced negotiations on their trade pact, expected to boost bilateral trade, investments and market access for businesses.

3. EPFO begins crediting annual interest to subscribers
The Employees’ Provident Fund Organisation started crediting annual interest into members’ accounts, benefiting millions of salaried employees across the country.

4. Skyroot Aerospace prepares for Vikram-1 orbital launch
Private space startup Skyroot Aerospace completed final preparations for the Vikram-1 mission, a landmark for India’s commercial space industry.

5. Forex reserves rise by USD 964 million
India’s foreign exchange reserves increased to USD 675.16 billion, reflecting continued strength in the country’s external sector.

6. Government dismisses criticism over Bullet Train project
The Centre rejected allegations by a former Japanese minister regarding delays in the Mumbai-Ahmedabad Bullet Train project, stating that India-Japan cooperation remains on track.

7. F1 race in India may return by 2028
The government is working to resolve taxation issues that could pave the way for Formula One to return to the Buddh International Circuit by 2028.

8. Cabinet approves key infrastructure projects
The Union Cabinet cleared major highway and connectivity projects aimed at strengthening logistics and supporting regional economic growth.

9. Analysts recommend selective buying in banking and power stocks
Market experts highlighted stocks such as Adani Power and IndusInd Bank among their recommendations, citing favourable market conditions.

10. Green mobility gains momentum in India
The launch of the hydrogen train reinforces India’s push towards clean energy technologies and low-carbon transportation under its sustainability roadmap.

🌍 International Business News Updates

1. India-UK trade pact expected to strengthen global commerce
The proposed agreement is expected to expand trade opportunities, lower tariffs and deepen economic cooperation between the two countries.

2. Global markets monitor Middle East tensions
Escalating geopolitical developments in the Middle East continued to influence investor sentiment and energy market outlook.

3. Japan reiterates commitment to India’s high-speed rail project
Despite recent criticism from a former minister, both governments reaffirmed their commitment to the Mumbai-Ahmedabad Bullet Train project.

4. Green hydrogen transport gains global attention
India’s hydrogen-powered train joins a growing list of clean transportation initiatives being adopted by countries investing in net-zero technologies.

5. Investors watch global trade and interest-rate signals
Markets remained focused on trade developments and central bank policy expectations as they assess the global economic outlook for the second half of 2026.

Business Quote of the Day

 “Price is what you pay. Value is what you get.” — Warren Buffett

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