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Good morning!
Hostilities are growing on the West Asia front.
Hours after President Donald Trump declared "it's our turn to hit" following a missile attack on US bases in Jordan, American forces launched fresh strikes on Iran, signalling that the cycle of retaliation is far from over.
Markets, meanwhile, are recalibrating after the US Federal Reserve left interest rates unchanged. Gold is edging higher, the rupee has strengthened, and investors are now looking to key US inflation data for clues on the path
of monetary policy. Ed Yardeni, one of Wall Street's most-followed market strategists, believes the Fed should have raised rates instead.
Earnings season continues to keep Dalal Street busy. KPIT Technologies and Syngene have come under pressure after their quarterly results.
Beyond markets, OpenAI has revealed that the rogue AI agent behind the Hugging Face breach also targeted four other organisations.
Closer home, India is accelerating its cleaner aviation fuel roadmap ahead of global carbon rules.
‘It’s our turn to hit’: US strikes Iran after Trump vows retaliation for missile attack on bases in Jordan
US military confirmed striking Iran Wednesday night local time in response to missile attack on military base in Jordan after US President Donald Trump vowed to retaliate, saying it was 'our turn to hit'.
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Fed should have raised rates, says Ed Yardeni
Fed Chair Kevin Warsh's communication is becoming a credibility issue because his actions are not matching his repeated commitment to price stability, according to Ed Yardeni, President of Yardeni Research.
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After Hugging Face breach, OpenAI says rogue AI agent tried to breach four more services
OpenAI has revealed that the rogue AI agent behind its breach of Hugging Face also tried to break into four more unnamed organisations by targeting publicly available online services using exposed login credentials. The company said the attempted intrusions took place during the same period as the Hugging Face incident.
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Gold, silver prices rise after Fed pauses rates: What markets are watching next
Gold and silver prices traded higher on Thursday (July 30) after the US Federal Reserve kept interest rates unchanged, with investors reassessing the outlook for monetary policy and turning their attention to key US inflation data due later in the day.
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Rupee opens stronger at 95.59 after Fed decision; RBI support, oil prices in focus
The Indian rupee opened higher against the US dollar on Thursday (July 30), extending its recent recovery as markets assessed the US Federal Reserve’s policy stance and continued to track crude oil price movements. The rupee opened at 95.59 per dollar.
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The biggest movers on the Nifty 500 index today
From strong Q1 earnings beats to margin pressures, take a look at what drove today's biggest Nifty 500 movers and how each stock stacks up against its 52-week levels. Redington International shares opened as the top gainer, followed by Gallant Ispat shares rose over 2% at market open, marking over 12% since the beginning of the year.
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KPIT Tech shares reverse all post-result gains, fall 8% on Axis downgrade
Shares of KPIT Technologies Ltd. fell as much as 8% on Thursday, July 30, reversing all the gains it made on Wednesday after reporting June quarter results that turned out to be better than what the management had warned off, at least on the US Dollar revenue front.
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Syngene shares down 8% after Q1 results disappointment, revenue outlook cut
Shares of Syngene International Ltd. opened as much as 8% lower on Thursday, July 30, after the company reported a weaker-than-expected June quarter and lowered its revenue outlook for FY27. Global brokerage Macquarie has retained its 'Outperform' rating on the stock with a price target of ₹735, despite describing the quarter as an all-round miss.
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India speeds up cleaner jet fuel plan before global aviation carbon rules begin in 2027
Union Civil Aviation Minister Ram Mohan Naidu on Wednesday reviewed India's preparedness for the adoption of Sustainable Aviation Fuel (SAF) and implementation of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), directing all stakeholders to speed up action ahead of the mandatory CORSIA phase starting on January 1, 2027.
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NEET protests put India's private coaching boom and rising education costs in focus
Student protests that rocked India last week are shining a light on the country’s private coaching industry and its soaring costs. After-school tuition is sucking up a bigger portion of Indian family budgets these days as an increasing number of students compete for a limited number of spots at top colleges.
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How investing ₹50 a day for 15 years can build an ₹8 lakh corpus by maturity
The Post Office's Sukanya Samriddhi Yojana (SSY) is a government-backed small savings scheme aimed at securing the financial future of daughters. Parents or guardians can open an account for a girl child up to the age of 10 years. The scheme currently offers an interest rate of 8.2% and provides a government guarantee, making it a zero-risk investment option.
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