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Treasury Scraps Harriet Tubman $20 Bill Plan on July 9, 2026
Treasury Secretary Scott Bessent says the Trump administration is not pursuing plans to put Harriet Tubman on the $20 bill, ending a decade-long effort that began under Obama.

India, Indonesia Sign $630M BrahMos Missile Deal on July 9
India and Indonesia finalize $630M BrahMos missile deal and 20 other agreements during PM Modi’s visit, including critical minerals, maritime security, and temple restoration projects.

UniCredit Secures 47.6% Commerzbank Stake on July 9, 2026
UniCredit gains 47.6% of Commerzbank after successful share tender. Italian bank nears control but faces German government opposition and ECB regulatory review.

Sensex Crashes 1,677 Points on Trump Iran Ceasefire Shock—July 9
Sensex tumbled 1,677 points on July 8 after Trump ended Iran ceasefire talks. Crude oil jumped 6% to $75, wiping ₹8.96 lakh crore from Indian markets. Key sectors including banks and FMCG fell 2-4%.

Trump Ties US Troop Presence in Europe to Greenland Deal at NATO Summit—July 9
Trump links US troop withdrawal from Europe to acquiring Greenland at NATO summit. Denmark’s PM says Greenland is ‘not for sale.’ Tensions rise over defense spending and Iran support.

Cerebras Claims Up to 10x Faster AI Inference as GPT-5.6 Sol Reportedly Reaches 750 Tokens Per Second
On 9 July 2026, AI hardware company Cerebras said its systems can deliver up to 10 times faster AI inference. Reports also suggest GPT-5.6 Sol can generate responses at speeds of 750 tokens per second when running on the company’s platform. The announcement comes as businesses look for faster AI across coding tools, enterprise software,…

UK Councils Spend Record £1.26bn on Temporary Housing in 2024-25
UK councils spent a record £1.26bn on temporary housing in 2024-25, up 1,077% since 2011. The LGA warns the reimbursement system is broken and demands long-term solutions from government.

EPFO Credits ₹1.44 Lakh Crore Interest by July 15, 2026
EPFO to credit ₹1.44 lakh crore in 8.25% interest to 34 crore EPF accounts by July 15, 2026. New CITES system automates processing and reduces claim rejections.

Dr Reddy’s (NSE: DRREDDY) Shares Tumble 7% After Semaglutide Launch Delay Due to API Quality Issue
Dr Reddy’s Laboratories shares tumbled nearly 7% on Thursday, July 9, 2026, on the NSE. The Hyderabad-based drugmaker disclosed a quality issue affecting its semaglutide active pharmaceutical ingredient. Certain batches were found out of specification, delaying commercial supplies indefinitely. Shares fell as much as 6.5% to an intraday low of ₹1,261.20 on the BSE. That…