The disruption to LNG shipments through the Strait of Hormuz during the Iran conflict highlighted India’s exposure to supply disruptions, prompting the government to revisit the idea of creating strategic gas reserves. Policymakers are evaluating a plan under which LNG terminal operators would be required to expand storage capacity at their existing import facilities.
India and Indonesia are enhancing cooperation in defense and maritime security. Discussions covered trade, energy, and critical minerals for future growth. Both nations agreed to boost technology sharing and startup collaborations. Educational ties will strengthen with an Indian Institute of Management campus opening. Cultural exchanges and heritage projects will also be jointly undertaken.
The Indian rupee opened stronger against the US dollar on Tuesday. Lower crude oil price expectations and easing Middle East tensions improved market sentiment. Saudi Arabia’s decision to cut oil prices for Asian buyers added to the positive mood. Foreign institutional investors remained net buyers of domestic equities on Monday. Indian equities also opened on
South Korean stocks experienced a significant decline on Tuesday. Investors rushed to secure profits after strong earnings reports were released. Heavyweight technology stocks led the broad sell-off across the market. This sharp reversal followed a period of record highs driven by AI optimism. The market’s heavy reliance on a few key companies contributed to the
Stock market recommendations: Mankind Pharma, Bajaj Auto, UNO Minda, and Jubilant FoodWorks – Somil Mehta, Head of Retail Research at Mirae Asset Sharekhan has identified these four as the top stocks to buy on July 7, 2026:
Oil prices saw a slight increase Tuesday after a tanker was struck near the Strait of Hormuz. This incident raised security concerns on a vital global oil shipping route. However, market gains were limited as traders focused on rising crude supplies. The United Arab Emirates and OPEC+ have agreed to increase their oil production levels.
Mahindra Group is expanding into fast-growing businesses beyond its core operations. The conglomerate has set ambitious expansion targets across multiple sectors. These “Growth Gems” are positioned to benefit from structural economic trends. Mahindra Lifespaces saw profit increase seven-fold, and aerospace built a strong order book. The group plans to double room inventory at Mahindra Holidays
Flipkart’s board has approved a second employee stock option liquidity event. Eligible employees can now liquidate up to five percent of their vested options. This event is estimated to be around twenty-five million dollars. Payouts to employees are scheduled to be made in August. The company’s growth has remained strong despite a challenging macroeconomic environment.
