India’s semiconductor strategy draws on proven Asian models for growth. Execution, not strategy, presents the nation’s primary challenge now. Developing skilled workers and strengthening local supply chains are crucial steps. The country focuses on outsourced assembly and mature process nodes. Meeting global quality standards and increasing domestic production are key goals.
Saudi Arabia has introduced a new pilot Package Visa service for tourists. This digital initiative integrates flight and accommodation bookings with visa applications. Eligible travelers can now book their entire trip through a single, unified travel package. The service aims to simplify the visitor journey and encourage longer stays. This move supports Saudi Arabia’s growing
The renewed interest in financial stocks helped overseas investors emerge as net buyers of Indian equities worth more than Rs 14,000 crore during the June 16-30 period, reversing net outflows of Rs 63,450 crore recorded in the first fortnight of the month, according to NSDL data.
The Centre is selling a 2.52% stake in Cochin Shipyard Limited through an Offer for Sale. Non-retail investors can bid on July 7, 2026, and retail investors on July 8, 2026. This divestment supports the government’s extensive maritime ecosystem expansion programs. Initiatives like the Maritime Development Fund and financial assistance schemes are bolstering the sector.
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:
