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EPFO Credits 8.25% Interest to 34 Crore Accounts by July 15
EPFO will credit 8.25% interest to 34 crore EPF accounts by July 15, 2026, transferring 1.44 lakh crore rupees. New CITES system automates claims and reduces rejections.
SK Hynix Jumps 13% in Record $26.5B US Nasdaq Debut on July 10
SK Hynix raises $26.5B in record US IPO, jumps 13% on first day. Memory chip demand from AI boom drives historic debut, largest foreign listing ever.
SpaceX Stock Falls 26% From Peak as Wall Street Weighs IPO Reality
SpaceX stock dropped 26% from its post-IPO high to $148 after Nasdaq-100 inclusion. Morgan Stanley targets $300, but history shows mega-IPOs average 23% drawdowns in first year.
SK Hynix Surges 13% in Historic $26.5B Nasdaq Debut on July 10
SK Hynix stock rises 13% to $168.01 in record $26.5B Nasdaq IPO, surpassing Alibaba’s 2014 listing. Chairman says AI demand is ‘enormous’ and customers want more chips than the company can supply.
DeXe USD Surges 24% to $35.06 as RSI Hits Overbought
DeXe USD jumped 24.2% to $35.06 in 24 hours with RSI at 74.4, signaling overbought conditions and a strong uptrend.
Nasdaq Composite Jumps 1.3% as Chip Rally Offsets Iran Tensions on July 9
Nasdaq Composite gains 1.3% to 26,206.89 on July 9 as chip stocks rally. Micron jumps 4.5% after $250B U.S. investment plan. Oil prices fall as Iran tensions ease.
Parliamentary Panel Urges Doubling Ayushman Bharat Cover to ₹10 Lakh on July 10
Parliamentary committee recommends doubling Ayushman Bharat health cover from ₹5 lakh to ₹10 lakh to cover expensive treatments like organ transplants and advanced cancer care.
Germany’s Health Spending Bill Passes Both Houses on July 10, 2026
Germany’s Bundestag and Bundesrat pass 18.8 billion euro health spending cuts on July 10 to stabilize insurance premiums. Patients face higher drug costs and reduced family coverage.
FTSE 100 Rises 0.23% as Middle East Tensions Ease; Apollo’s £5.7 Billion easyJet Bid Lifts Market Sentiment
The FTSE 100 rose 0.23% on July 10, 2026, as diplomatic signals eased Middle East tensions. London’s benchmark index gained ground alongside Germany’s DAX, up 0.24%, and France’s CAC 40, up 0.21%. Deal activity also drove sentiment, with Apollo Global’s £5.7 billion takeover approach for easyJet grabbing investor attention. The FTSE 100 had tumbled 1.7%…