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South Indian Bank MD Appointment: Mahesh Pai Gets RBI Nod, Stock Falls 9%
RBI approves Mahesh Muralidhar Pai as South Indian Bank MD & CEO from October 1, 2026. Stock tumbles 9% despite leadership transition. Board approval scheduled July 16.
ED Raids Ex-MLA Deep Narayan Singh Yadav Over ₹23 Crore Asset Case—July 9
ED raids ex-SP MLA Deep Narayan Singh Yadav’s 11 premises in Jhansi and Lucknow over ₹23.02 crore disproportionate assets case. More than 60 criminal cases registered against him.
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.
Micron (NASDAQ: MU), Samsung, and SK Hynix Poised to Benefit as Memory Sales Reach Record $74.6 Billion
Global memory chip sales hit a record $74.6 billion in May 2026, driven by explosive AI demand. Micron, Samsung Electronics, and SK Hynix control the vast majority of that market. Micron shares closed at $948.80 on July 8, 2026, up 1.11% for the day. DRAM and NAND contract prices have surged more than 50% quarter-on-quarter…
STOXX 600 Rebounds 0.5% After Biggest Selloff in Nearly Four Months; DAX Gains 0.7%
European stock markets started recovering on 9 July 2026 after the STOXX 600 recorded its biggest selloff in almost four months. The pan-European index rose 0.5% as investors moved back into recently weaker shares, while Germany’s DAX advanced 0.7% during the session. Technology and industrial stocks helped drive the recovery. Still, traders remained careful as…
Crypto Market Today: Bitcoin Steady at $62.4K, Solana Falls 1% Amid Iran Risks and Rising Japan Bond Yields
Bitcoin remained close to $62,400 on 9 July 2026 as investors reacted to rising geopolitical concerns linked to Iran and higher Japanese government bond yields. While Bitcoin held steady, Solana dropped around 1% and several major altcoins moved within a narrow range. Traders are also waiting for fresh signals from the Federal Reserve to understand…
Honasa Consumer (NSE: HONASA) Targets 30% Q1 FY27 Growth; Shares Trade Near ₹467 After 64% YTD Rally
Honasa Consumer shares traded near ₹467 on July 9, 2026, extending a strong 2026 rally. The Mamaearth parent has climbed roughly 64% since the start of the year. Management now guides for around 30% year-on-year revenue growth in Q1 FY27. Mamaearth itself is projected to grow in the high teens, with offline channels adding momentum….
Bitcoin Falls to $61,500 as Trump Ends Iran Ceasefire—July 9, 2026
Bitcoin drops 2.5% to $61,500 after Trump ends Iran ceasefire at NATO summit. Oil prices jump 5%+ as geopolitical tensions escalate and stablecoin liquidity weakens.
Kalyan Jewellers Stock Bounces 5% on Citi Buy Rating Despite Q1 Miss
Kalyan Jewellers stock rebounds 5% to ₹374 on Citi’s Buy rating and ₹750 price target, signaling 111% upside despite Q1 revenue missing forecasts. Meyka grades the stock B+.