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Bloomberg Quint
2w
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TCS, Tata Elxsi, IREDA Q1 Results Today— Earnings Estimates
- Tata Consultancy Services Ltd., Tata Elxsi Ltd., and Indian Renewable Energy Development Agency Ltd. are among the top companies starting the earnings season for the first quarter on July 10.
- TCS is estimated to have a net profit of Rs 12,251 crore and revenue of Rs 64,628 crore for the quarter ending June.
- Tata Elxsi is expected to report a net profit of Rs 170 crore and revenue of Rs 914 crore for the first quarter.
- Analysts are closely monitoring parameters like discretionary spending, deal wins, vertical performance, and employee costs in the upcoming earnings reports.
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Bloomberg Quint
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25
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International Travel Credit Cards: Essential Features Users Should Not Ignore
- Choosing the right international travel credit card with features like zero foreign transaction fees, airport lounge access, and travel insurance can help travelers save money during vacations.
- Essential features of international travel credit cards include zero foreign transaction fees, global acceptance, airport lounge access, travel insurance coverage, reward points, air miles, emergency card replacement, and contactless chip security for fraud protection.
- Credit cards with zero foreign transaction fees help save on international purchases. Cards with airport lounge access offer comfort during layovers. Travel insurance coverage can save from unexpected expenses. Reward points and air miles can be redeemed for discounts or freebies.
- International travel credit cards are essential companions abroad, providing convenience and improving the overall travel experience with their benefits.
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Bloomberg Quint
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272
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Asian Stocks Waver, Traders Eye Japan Bond Auction: Markets Wrap
- Asian shares mixed as Bitcoin nears record high, tech gains push US stocks up.
- Japanese government bonds steady ahead of auction, Brazilian assets plunge on Trump tariffs.
- Investors focus on stock rally despite tariff concerns impacting global economy and earnings.
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Bloomberg Quint
2w
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Oil Prices Steady As Traders Weigh Rising US Stockpiles, Trump’s Levies
- Oil prices remained stable as traders assessed the impact of increased US crude stockpiles and new tariff rates set by President Donald Trump.
- US crude inventories rose by about 7.1 million barrels last week, marking the largest build since January.
- Global markets are responding to Trump's tariff actions, with concerns about retaliation from targeted nations affecting oil prices.
- Despite OPEC+ deciding to increase output more than expected, oil prices are slightly up this week, with worries about a surplus later in the year as peak demand weakens.
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Bloomberg Quint
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Petrol, Diesel Prices Flat On July 10 — Here's How Much You Pay For Fuel In Your City
- Fuel prices remained unchanged on July 10, holding steady in most Indian metros.
- In Delhi, petrol is priced at Rs 94.77 per litre, and diesel costs Rs 87.67.
- Oil marketing companies like Indian Oil Corp. review and adjust petrol and diesel prices daily based on global crude oil prices and currency exchange rates.
- Crude oil prices have shown stability with Brent at $69.95 a barrel and West Texas Intermediate near $68.08.
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Bloomberg Quint
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401
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Trump Says 50% Tariff On Copper Imports To Take Effect Aug. 1
- President Donald Trump announced a 50% tariff on copper imports to take effect on Aug. 1, impacting industries relying on the metal like automobiles and appliances.
- The tariff is part of Trump's efforts to boost domestic mining and metal processing, following previous tariffs on steel and aluminum imports.
- Global producers have hurried to deliver copper ahead of the tariff implementation, with traders sending record volumes of the metal to the US since February.
- Country-by-country tariffs with major trade partners are also being finalized by the White House, scheduled to come into effect on Aug. 1.
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Bloomberg Quint
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India's Advanced Artillery Gun System Exemplary Mission Mode Success: Defence Ministry
- The Defence Ministry has announced the success of India's Advanced Towed Artillery Gun Systems (ATAGS), designed to replace vintage and smaller calibre guns, enhancing the artillery capabilities of the Indian Army.
- The ATAGS, developed by the Armament Research and Development Establishment (ARDE), has a maximum range of 48 kilometers and was completed from design to manufacturing, testing, and induction within 12 years.
- Contracts were signed with Bharat Forge Limited and Tata Advanced System Limited for the procurement of 155mm/52 Calibre ATAGS and High Mobility Vehicle 6x6 Gun Towing Vehicles at a total cost of approximately Rs 6,900 crore.
- The ATAGS, described as a flagship artillery system, will contribute to the Indian Army's artillery modernization and Aatmanirbhar Bharat in defense with all-electric drive for reliable performance in various terrains.
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HinduBusinessLine
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Stock Market Highlights 10 July 2025: Sensex, Nifty settle lower amid investor caution, concern over potential US tariffs
- Equity benchmark indices, Sensex and Nifty, closed lower as investors treaded cautiously ahead of TCS Q1 earnings, impacting IT stocks adversely.
- Renewed worries over potential US tariffs further dented market sentiment.
- Market analysts indicate that the recent consolidation in IT stocks has led to a muted outlook, contributing to ongoing concerns.
- Sensex ended 345.80 points down at 83,190.28, while Nifty 50 fell by 120.85 points to 25,355.25, with midcap and smallcap segments limiting their declines. Market experts foresee choppy conditions unless broader cues trigger a definitive breakout.
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HinduBusinessLine
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Combating corruption
- The Madras High Court criticized unauthorized telephone monitoring, stressing that the law permits monitoring only under special circumstances that impact security or public safety.
- There is a consensus on the importance of combating corruption, but debates arise over the methods employed by government agencies, particularly in handling white-collar crimes.
- Some argue for a balanced approach in fighting corruption, combining aggression with respect for human rights and the need for conclusive proof in cases of corruption.
- To tackle the sophistication of corruption, the article suggests amending the Indian Telegraph Act to provide anti-corruption officials with more discretion in gathering evidence, emphasizing the importance of updated tools and safeguards against abuse of authority.
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Bloomberg Quint
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Stock Market Today: All You Need To Know Going Into Trade On July 10
- NSE Nifty 50 and BSE Sensex closed lower on July 10.
- TCS, Tata Elxsi to be in focus. Asian equities mixed, US futures dipped.
- Indian benchmark indices end losing streak, US equities higher on tech.
- Asian shares mixed, Bitcoin near record. Oil steadied. Earnings and stocks focus.
- Currency: Rupee stronger, bond yield higher. F&O cues, trading tweaks noted.
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HinduBusinessLine
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Trump targets Brazil with 50% tariff, calls Bolsonaro trial a ‘witch hunt’
- Trump targets Brazil with a 50% tariff tied to Bolsonaro's trial.
- Bolsonaro faces charges for attempting to overturn his 2022 election loss.
- Trump criticizes the trial as a 'Witch Hunt' and raises tariff rates.
- The tariffs, starting August 1, impact various Brazilian exports to the US.
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Medium
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Exit Strategies for Traders
- A trailing stop is a dynamic exit tool that automatically adjusts the stop-loss level as the market price rises, helping traders lock in gains without constant monitoring.
- Trailing stops follow the price at a specified distance, moving upward for long positions; if the asset price reverses by that distance, the position is sold.
- Benefits of using trailing stops include automatic profit locking, emotionless capital protection, staying in winning trades longer, and removing fear and greed from trading decisions.
- Trailing stops are particularly useful in volatile markets like crypto, allowing traders to ride the wave without worrying about significant price fluctuations.
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Tricky Enough
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How to Manage Business Travel Costs in an Unpredictable Economy?
- Effective business travel management in an unpredictable economy requires strategic cost control measures.
- Pre-trip planning, budgeting, early booking, and using expense management software are key strategies.
- Promoting virtual meetings, optimizing ground transportation, and leveraging loyalty programs are also recommended.
- Post-trip expense reconciliation is essential to ensure accuracy and transparency in financial dealings.
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Medium
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Share UnionEx “Trade to Earn” & Win USDT!
- UnionEx has launched a 'Trade to Earn' campaign, allowing users to earn free USDT by sharing their trading experiences.
- Participants can trade on UnionEx, share their experiences on various platforms like Reddit, TradingView, CoinMarketCap, Quora, Medium, and crypto forums, and submit a form to be eligible for rewards.
- Ideas for sharing include reviewing the UnionEx interface, discussing trading experiences, providing tips for new traders, and highlighting the benefits of the 'Trade to Earn' feature.
- The campaign offers participants the opportunity to earn free USDT, gain visibility, support decentralized exchanges, and be part of a growing community. The program is for a limited time, encouraging early participation.
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Medium
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324
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Crypto Exchange Security: Protecting Your Digital Assets
- Crypto exchange security involves measures to protect users' funds, data, and trading activities on cryptocurrency platforms.
- Key elements include Two-Factor Authentication (2FA), compliance with AML and KYC regulations, regular security audits, withdrawal whitelists, cold wallet storage, and careful partner selection.
- Common red flags to watch out for include lack of 2FA, no public record of audits, unclear withdrawal policies, and poor customer service.
- UnionEx ensures security through advanced 2FA, AML/KYC compliance, security audits, withdrawal whitelists, cold storage, and vetted partners, emphasizing user education for asset protection in the crypto space.
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