Business

Stock market recommendations: BSE, Reliance Industries, and PI Industries have been identified as the top stocks to buy today, July 22, 2026, by Mehul Kothari, DVP – Technical Research at Anand Rathi Shares.

Crude oil prices extended their rally as Middle East tensions escalated. Brent crude held above ninety dollars a barrel amid supply disruption fears. Houthi threats affected shipping activity in the Red Sea region. Military actions continued overnight impacting energy shipping routes. Global food insecurity risks also increased due to these disruptions.

Section 301 Levies May Cover 99% Of US Trade | New Tariffs On Canada & Brazil

India’s strong economic growth continues, but structural reforms are needed for developed nation status. High trade costs and regulatory complexity present significant challenges to global integration. The World Trade Organization report notes progress in trade facilitation and financial inclusion. India is actively pursuing free trade agreements to boost its export strategy. Achieving a larger share

India stepped up imports from Moscow once Washington granted a temporary waiver, helping offset reduced supplies from Gulf producers caused by the disruption of traffic through the strategically important Strait of Hormuz.

Donald Trump plans to impose new tariffs on many countries, including India. These tariffs will affect global trade and financial markets significantly. India’s trade deal negotiations with the US face potential complications. The US administration cites unfair trade practices and forced labor concerns. This move escalates trade tensions and impacts international commerce.