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Sky to Buy ITV Broadcasting Arm in Deal Worth Up to £1.6B
On July 6, 2026, Sky announced an agreement to acquire ITV’s broadcasting and streaming business for up to £1.6 billion. It is one of the biggest UK media deals in recent years. The agreement comes as traditional broadcasters face growing pressure from global streaming platforms and changing viewing habits. If the transaction receives regulatory approval,…
Oil Prices Mixed as OPEC+ Output Hike Offsets Hormuz Risks; WTI Holds at $68.72 While Brent Slips to $71.97
Oil prices are trading mixed today, with WTI holding at $68.72 and Brent slipping to $71.97 per barrel. An OPEC+ decision to raise output is offsetting lingering risks around the Strait of Hormuz. Both benchmarks remain near their lowest levels since late February this year. OPEC+ Adds to Supply Concerns OPEC+ approved another output increase…
Senco Gold Shares Jump Nearly 7% to ₹348.50 After Reporting 60% Revenue Growth in Q1 FY27
On July 6, 2026, Senco Gold shares rose nearly 7% to ₹348.50 after the jewellery retailer reported a 60% year-on-year revenue increase for the first quarter of FY27. The strong quarterly update reflected healthy demand during the festive and wedding season, along with solid same-store sales and continued showroom expansion. The move caught investors’ attention…
Shakti Pumps Shares Surge Over 8% After Securing ₹354 Crore Maharashtra Solar Pump Supply Order
On July 6, 2026, Shakti Pumps shares rose more than 8% after the company secured a ₹353.89 crore order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply 15,000 off-grid solar water pumping systems. The contract expands the company’s order book and reflects the steady demand for solar-powered irrigation systems across India. As government-backed…
Bitcoin Rises 0.8% to $63,227 After Rallying 5% Last Week on Softer U.S. Data and Renewed ETF Demand
Bitcoin climbed above $63,000 in Asian trading on Monday, extending last week’s rebound. The token last traded 0.8% higher at $63,227.50, after touching a two-week high near $64,000 in the prior session. Softer U.S. economic data and renewed spot ETF inflows are driving the improved sentiment around Bitcoin. Bitcoin’s Rebound From a 21-Month Low Bitcoin…
Adani Enterprises in Focus as Adani Defence Unveils ₹2,500 Crore Missile Ecosystem Project in Madhya Pradesh, Creating 5,000 Jobs
Adani Enterprises is back in the spotlight after its defence arm announced a ₹2,500 crore investment to establish South Asia’s largest private-sector missile ecosystem in Shivpuri, Madhya Pradesh. The project, announced on July 5, 2026, is expected to generate around 5,000 jobs while expanding India’s domestic defence manufacturing capacity. As the government continues to promote…
SpaceX FCC Filing Discloses Controlled Deorbit of 260 Starlink Satellites Between Dec 2025 and May 2026
SpaceX has disclosed a new round of controlled Starlink deorbit activity in a semi-annual filing with the Federal Communications Commission. The company confirmed it steered 260 Starlink satellites into the atmosphere between December 1, 2025, and May 31, 2026. Friction during re-entry destroyed each satellite completely, leaving no debris on the ground. What the FCC…
Stock Futures Rise: Dow Futures Gain 0.17%, S&P 500 Up 0.4%, Nasdaq-100 Jumps 0.98% Ahead of Fed Minutes
Stock futures rose Monday as traders returned from the July 4 holiday weekend. Dow futures rose 0.17%, while S&P 500 futures gained 0.4% and Nasdaq-100 futures climbed 0.98%. The moves come three days ahead of the Federal Reserve’s June meeting minutes, due Wednesday. Investors also await June’s ISM Services PMI, the week’s first major data…
Why Mutual Fund SIPs Are the Smartest Way for NRIs to Build a Wealth Corpus in India
Most people want to build wealth but struggle with where to begin and this challenge is often magnified for NRIs juggling different time zones, currencies, and unfamiliarity with India’s evolving market landscape. A Systematic Investment Plan (SIP) in mutual funds removes that friction. You invest a fixed amount every month, stay invested across market cycles,…