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ICICI Lombard (NSE: ICICIGI) Shares Plunge 15% to 52-Week Low After Q1 Profit Drops 46%
On July 16, 2026, ICICI Lombard General Insurance shares fell nearly 15%, slipping to a fresh 52-week low after the company reported a 46% year-on-year decline in Q1 FY27 net profit. The earnings miss caught the market off guard and triggered heavy selling throughout the session. Higher claim payouts, additional reserve provisions, and weaker underwriting…

Sonam Wangchuk Hunger Strike Day 19: Activist Rules Out Ending Fast Over NEET Protest
On July 16, 2026, Sonam Wangchuk’s indefinite hunger strike entered Day 19. Despite his declining health and increasing public concern, he made it clear that he has no plans to end his fast. The protest, tied to demands for accountability over alleged NEET examination irregularities and wider education reforms, has attracted attention across the country….

MRPL (NSE: MRPL) Shares Surge After Q1 Profit Jumps to ₹945.68 Crore and Revenue Rises 46%
MRPL shares rallied after the company posted a consolidated net profit of ₹945.68 crore for Q1 FY27, reversing a loss of ₹270.66 crore in the same quarter last year. Revenue from operations climbed 46.12% year-on-year to ₹41,608.96 crore, results the board approved on July 15, 2026. MRPL closed at ₹156.96 on July 14, just ahead…

MTY Food Group to Close 45-50 Papa Murphy’s Stores by Year End
MTY Food Group plans to close 45-50 Papa Murphy’s stores by year-end amid competitive pressures. Parent company shuttering 68 underperforming locations that lost $10M+ annually.

Hegseth Orders Annual Testosterone Screening for Troops Over 30
Defense Secretary Pete Hegseth announced mandatory annual testosterone screening for military service members over 30, effective immediately, with voluntary hormone replacement therapy offered to those with deficiencies.

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.