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Australia’s Daily Smoking Rate Falls to 5.6% as Illicit Tobacco Surges
Australia’s daily smoking rate fell to 5.6% in 2025, beating the 10% target, but 34% of smokers now buy illicit tobacco. The government bans nicotine pouches from July 24.
Moonshot’s Kimi K3 Narrows AI Gap; Chinese Model Rivals US Frontier Systems
Moonshot AI’s Kimi K3 model with 2.8 trillion parameters rivals Anthropic’s Fable 5 and OpenAI’s GPT 5.5, marking a major shift in the US-China AI race and triggering sharp selloffs in tech stocks.
Bitcoin (BTC/USD) Falls Below $63,000 as U.S.-Iran Tensions and Rate Fears Hit Crypto Markets
On 17 July 2026, Bitcoin (BTC/USD) slipped below the $63,000 mark as investors responded to rising tensions between the United States and Iran and fresh concerns about future Federal Reserve interest rate decisions. The move weighed on the wider cryptocurrency market, with several leading digital assets posting losses. As uncertainty grows across global markets, traders…
FTSE 100 Edges Higher 0.05% as U.S.-Iran Conflict Keeps Investors on Edge Despite Asian Selloff
On 17 July 2026, the FTSE 100 inched up 0.05%, holding steady even as several Asian markets moved lower amid rising tensions between the United States and Iran. Investors stayed cautious as concerns over global economic growth and energy supplies continued to build. Even with the uncertain backdrop, London’s benchmark index found support from defensive…
PC Jeweller Shares Fall 5.80% to ₹9.73 After Board Approves ₹1,000 Crore QIP on July 16
On 16 July 2026, PC Jeweller shares fell 5.80% to ₹9.73 after the company’s board approved a ₹1,000 crore Qualified Institutional Placement (QIP). The fundraising plan aims to strengthen the company’s finances and support future growth. However, the announcement also raised concerns about possible equity dilution, leading to selling pressure in the stock. Here’s why…
Reliance Industries Share Price Jumps 2.4% to ₹1,323.80 Ahead of Q1 FY27 Results on July 17
On 17 July 2026, Reliance Industries Ltd. (RIL) shares climbed 2.4% to ₹1,323.80 as investors waited for the company’s Q1 FY27 earnings, scheduled for later in the day. As India’s most valuable listed company, Reliance often influences overall market sentiment, so its quarterly results attract close attention from both traders and long-term investors. This quarter,…
SBI Funds Management IPO Closes At 41.73x Subscription; Allotment Date Set For July 17, How To Check Status
SBI Funds Management IPO subscription closed today, July 16, 2026, at 5:00 p.m., recording 41.73 times overall demand. The Qualified Institutional Buyers category led the charge, subscribing 140.11 times its allotted portion. With bidding now complete, investors are turning to the next milestone: allotment, scheduled for Friday, July 17, 2026. The ₹9,812.91 crore issue was…
NSE India to Introduce Nifty India FPI 150 Futures and Options from August 12 After SEBI Approval
On 12 August 2026, the National Stock Exchange (NSE) will begin trading futures and options on the Nifty India FPI 150 Index after receiving approval from the Securities and Exchange Board of India (SEBI). The new contracts give investors another way to hedge market exposure and trade stocks with strong foreign portfolio investor (FPI) ownership….
Jio Financial Services Ltd Jumps 4.52% After Q1 FY27 Profit Soars 2.6X to ₹830.3 Cr
On 17 July 2026, Jio Financial Services Ltd posted a strong set of Q1 FY27 results that caught investors’ attention. The company reported a consolidated net profit of ₹830.3 crore, around 2.6 times higher than the same period last year, helped by continued growth in lending and digital financial services. The results lifted the stock…