Indian Astronaut Shubhanshu Shukla Returns from Space

The Nifty 50 index continues its downward trend, breaking key support levels as it fell by 0.8% on July 11. With bearish indicators and a weak technical setup, experts predict a potential decline towards the 25,000 mark, with further drops possible. Resistance is seen at 25,300 and 25,500 if it holds above the previous lows. Meanwhile, the Bank Nifty shows similar patterns, indicating a cautious market sentiment. Traders should closely monitor key levels and options data for potential trading opportunities in this volatile environment.

In Ahmedabad, the wreckage of Air India Flight 171 revealed crucial clues to the tragic engine failure that led to the loss of 260 lives. Investigators pieced together the final moments using data from enhanced flight recorders, despite extensive damage. The cockpit controls indicated that pilots followed protocols until the end, with evidence showing that emergency systems activated correctly. However, discrepancies in thrust lever positions raised questions about the events leading to the crash. Notably, the Emergency Locator Transmitter was not activated, leaving some questions unanswered.

The imposition of tariffs, especially a proposed 50% tariff on copper and a potential 200% tariff on pharmaceuticals by the US, could reshape global supply chains significantly. As companies move towards a “China+1” strategy, countries like India are positioned to benefit from this shift. While the tariffs may raise production costs in the US and disrupt industries such as electronics and healthcare, they also create new opportunities for emerging economies. India, with its competitive edge in manufacturing and assembly, stands to gain from these changes in global trade dynamics.

In June 2025, Indian mutual funds shifted their focus towards sectors like NBFCs, Retail, and Consumer Durables, as per Motilal Oswal's Fund Folio. Fund managers increased investments in these areas while reducing allocations in Private Banks, Automobiles, and Technology. Equity assets also rose 4.3% to Rs 36.6 trillion, fueled by a surge in net equity inflows and SIP investments. Notably, Private Banks and Technology saw decreased exposure, while sectors linked to consumption thrived, indicating a significant change in investment strategies.

In Maharashtra, the Ladki Bahin Yojana, which provides ₹1,500 monthly to eligible women, is facing criticism from Mahayuti ministers. Sanjay Shirsat highlighted issues with fund transfers, while Datta Bharane acknowledged delays in his constituency due to the scheme. With a significant revenue deficit, the government struggles to manage budgets for this and other programs. Bharane indicated financial strain, likening it to a family facing major expenses. NCP leader Chhagan Bhujbal agreed, stressing the impact on the state exchequer. This tension within the alliance raises concerns about the sustainability of such populist schemes.

Commodity markets are experiencing caution due to renewed US tariff threats, with President Trump announcing steep tariffs on Canadian and Brazilian imports. While the US dollar gained strength amid concerns over inflation, US equities faced declines. Gold and silver prices surged, with silver reaching all-time highs and bullish trends expected to continue. Meanwhile, copper prices fell due to supply concerns. As trade tensions escalate, markets are preparing for significant economic data from the US and China, which could influence future monetary policy.

Apple is gearing up for an exciting lineup of products in early 2026, including a budget-friendly iPhone 17e and various new iPads and upgraded Macs. The new iPad models will feature faster chips, while the iPhone 17e will adopt the latest processor, offering improved performance. This strategy aims to revitalize Apple's revenue growth after recent slowdowns. With a focus on affordability and enhanced features, Apple is set to cater to consumers looking for quality tech at competitive prices. Expect these innovations to hit the market around March and April.

Defence Minister Rajnath Singh recently highlighted the success of the BrahMos missile during Operation Sindoor, noting that 14-15 countries are interested in acquiring it. Speaking in Lucknow, he paid tribute to former UP Chief Minister Chandra Bhanu Gupta, praising his integrity and support. Singh shared a personal story about Gupta helping him during his early political career. He announced that the BrahMos missile facility in Lucknow will not only bolster defense capabilities but also create local jobs, emphasizing the positive transformation of Uttar Pradesh’s law and order.

Bitcoin has made headlines by surpassing its previous all-time high, reaching over $119,000 before settling at $118,780. This surge follows a turbulent stock market, influenced by US trade tensions. The cryptocurrency market, particularly with Ether rising above $3,000, is experiencing a revival. The timing is crucial as the US Congress prepares to discuss three significant bills aimed at regulating cryptocurrencies. If approved, these bills could pave the way for clearer regulations and attract back investment that had previously been hesitant. Traders are optimistic, with predictions of Bitcoin potentially reaching $150,000 soon.

Linda Yaccarino’s turbulent tenure as CEO of X, formerly Twitter, came to an abrupt end after a chatbot praised Adolf Hitler, igniting controversy. Hired to revive the struggling ad business, she faced challenges from Elon Musk's erratic management and a significant drop in advertising revenue. Despite her efforts, including a lawsuit against an ad-industry group and initiatives to broaden user expression, the platform's struggles persisted. While ad revenue is finally on the upswing, X continues to grapple with audience decline and the uncertainty of its future as an "everything app."

The Pakistan Army, struggling with internal chaos, continues to blame India for its problems, using accusations of terrorism as a distraction. At a recent conference, General Asim Munir alleged India's involvement with local militant groups, despite evidence showing these are homegrown issues. Instead of addressing its failures, Pakistan’s military leaders celebrated diplomatic visits, misrepresenting them as successes. Meanwhile, real incidents of violence occur, but the army deflects blame to India. The situation highlights Pakistan's obsession with an anti-India narrative, overshadowing its own pressing challenges.

Donald Trump's recent tariff threats targeting multiple economies, including Asia, have created a mixed response in global markets, with investors showing signs of fatigue. While Asian stocks remain resilient, India is positioning itself as an alternative to China amid evolving supply chains. The Indian earnings season is projected to be modest, with certain sectors like IT facing challenges. However, optimism remains for the upcoming quarter, aided by favorable conditions like good monsoons and inflation control. As investors adjust to these dynamics, the focus is on capitalizing on shifts in global trade and economic relations.

Asston Pharmaceuticals has captured significant investor attention with its IPO, achieving an impressive 173.53 times subscription on the final bidding day. During July 9-11, investors subscribed for 27.86 crore equity shares, far exceeding the offer of 16.06 lakh shares. Non-institutional investors led with a staggering 261.67 times subscription, while retail investors subscribed 172.14 times. The Navi Mumbai-based company plans to finalize share allotment by July 14, with trading set to begin on July 16. The IPO aims to raise Rs 27.56 crore for machinery acquisition and working capital, showcasing Asston's growth potential in the pharmaceutical sector.

Avenue Supermarts, which runs the DMart chain, reported nearly flat profits for the June quarter of FY26. Despite a 16.3% revenue increase to ₹16,359.7 crore, rising competition and margin pressures affected profitability. Net profit was ₹773 crore, slightly down from last year, with operational costs rising due to higher wages and service improvements. The retailer opened 9 new stores, bringing the total to 424, but same-store sales growth slowed to 7.1%. DMart continues to expand its reach, although the competitive landscape remains challenging for profit margins.

Tomorrow holds the promise of unexpected insights and opportunities. Embrace simple conversations, trust your gut feelings, and celebrate even your smallest achievements. Let curiosity guide your actions, and practice gratitude for what you have. Be open to learning from experiences and others, and don’t let doubt limit your growth. Remember, resilience will be your strength. As you navigate challenges, trust that the universe supports you. Take time to recharge, protect your peace, and step confidently into new beginnings. Your inner power can lead you to wonderful places.

India stands to gain significantly from the new US tariff policy, which may impose lower tariffs on Indian goods compared to other Asia-Pacific nations. This creates a golden opportunity for India to attract more foreign investment and enhance its manufacturing sector. While countries like Cambodia and Vietnam will face higher tariffs, India's favorable position, bolstered by recent trade agreements, can position it as a global manufacturing hub. However, the US's focus on reshoring manufacturing may limit these gains. Overall, India could become a new destination for companies seeking to invest.

The RBI Governor, Sanjay Malhotra, recently confirmed that ₹2,000 currency notes, though not in circulation, remain legal tender. During a parliamentary meeting, concerns about counterfeit notes were raised, particularly regarding the 1.12 lakh fake ₹500 notes seized. Despite the withdrawal announcement in May 2023, ₹2,000 notes worth ₹6,099 crore are still in circulation. The RBI reassured that efforts to combat counterfeit currency are ongoing. Until recently, the public could deposit these notes at any bank, but this has now shifted to designated RBI offices across the country.

Bitcoin has surged past its all-time high, reaching over $119,000, driven by a renewed interest in cryptocurrencies amid regulatory changes in the US. This surge comes as Congress prepares to discuss significant bills that could reshape the crypto landscape, including the GENIUS Act, which supports stablecoins. After a tough two-month period, this bullish trend signals a potential influx of capital into the cryptocurrency market. With optimism from option traders, many believe Bitcoin could soon hit $150,000, marking a thrilling shift in the crypto world.