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SBI Funds Management IPO Day 3 Updates: Check Live Subscription, Allotment Date; SBI Shares Drop 0.18%
The SBI Funds Management IPO entered its third and final day of bidding on July 16, 2026, with strong interest from both retail and institutional investors. As the issue moves toward closing, investors are closely watching the latest subscription figures, Grey Market Premium (GMP), and the allotment schedule. Meanwhile, State Bank of India (SBI) shares…

Trump’s Approval Rating Sinks to 37%, Driven Down by Iran War
Trump’s approval rating drops to 37% in latest polls, driven by the Iran war and economic concerns. Multiple surveys show net-negative ratings as midterms approach.

South Korea Eyes New ETF Regulations as Leveraged Funds Face Increased Scrutiny
South Korea’s ETFs tracking single stocks are facing a fresh regulatory crackdown. Financial Services Commission Chairman Lee Eog-weon confirmed Thursday, July 16, 2026, that new measures on leveraged ETFs are coming soon. The announcement follows weeks of market turmoil tied to products built around Samsung Electronics and SK Hynix, Korea’s two largest chipmakers. President Lee…

Jack Smith’s Team Obtained Texts From 44 Congress Members, Grassley Says
Former special counsel Jack Smith’s team obtained text messages from 44 Congress members during Trump investigation, bypassing DOJ filter protocols, Senate Judiciary Chair Grassley revealed July 14.

Hormuz Crisis Escalates as US Airstrikes Strike Northern Iran, Ship Disabled During Blockade
The Hormuz crisis intensified on July 16, 2026, after the United States launched airstrikes in northern Iran and disabled a vessel while enforcing the Strait of Hormuz blockade. The latest military action has increased concerns about a wider regional conflict and possible disruptions to global energy supplies. With nearly one-fifth of the world’s oil moving…

Stocks in Focus: Wipro, Tech Mahindra Shares Mixed Ahead of Q1 FY2027 Earnings; Wipro +1.61%, Tech Mahindra +1.83%
Wipro stock and Tech Mahindra shares moved higher ahead of their Q1 results on July 16, 2026. Wipro stock gained 1.61%, while Tech Mahindra rose 1.83% in early trade. Both IT majors report earnings for the April-June 2026 quarter today. Wipro’s board meets after market hours, with Tech Mahindra following at 5:30 PM IST. Investors…

Canada Gas Prices Jump 5-10 Cents as Middle East Crisis Pushes Brent Above $87
Canadian gas prices rose 5-10 cents per litre on July 15 amid Middle East conflict and supply fears. Brent crude hit $87, with analysts warning of worse to come in late July and early August.

Alaska Port Whittier Prepares 20-Year Mobility Plan as Tourist Numbers Continue to Rise
Alaska’s Port of Whittier is planning ahead as visitor numbers keep increasing. In July 2026, local officials began work on a 20-year mobility plan focused on improving transportation, traffic flow, and public access around the busy port. Whittier is the main access point to Prince William Sound and a popular stop for cruise passengers, so…

Air India Crash Probe Nears End as AAIB Completes Psychological Autopsy and Cockpit Voice Transcript
Air India’s fatal crash investigation has entered its final analysis phase. India’s Aircraft Accident Investigation Bureau confirmed this in a court filing dated July 14, 2026. The AAIB has completed a cockpit voice recorder transcript and a psychological autopsy. The Boeing 787 crash killed 260 people after takeoff from Ahmedabad on June 12, 2025. A…