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India pension funds said to request easier bond investment rules

Indian pension funds have requested easing of investment rules for corporate bonds to maximize returns.
The requests include relaxing the cap on purchases of corporate bonds maturing in less than three years and buying company debt rated by only one credit assessor.
The Association of NPS Intermediaries made these requests at a recent meeting, highlighting the need for flexibility to manage the growing pool of household savings.
With assets with the National Pension System tripling to $168 billion since the pandemic, there's a call for more investment opportunities and tweaks in regulations to optimize returns.

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HinduBusinessLine

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Rupee declines 17 paise to 85.97 against US dollar in early trade

The Indian rupee declined by 17 paise to 85.97 against the US dollar in early trade, attributed to uncertainties over US trade tariffs.
Forex experts mentioned that India is currently negotiating with the US regarding potential tariffs, with the rupee's range projected to be between 85.50 to 86.00 during the day.
The dollar index, indicating the dollar's strength against other currencies, increased to 97.93, while Brent crude fell to $70.02 per barrel in futures trade.
On the domestic front, the Sensex dropped 295.37 points to 82,205.10, the Nifty was down 71.4 points to 25,078.45, and FIIs sold equities worth ₹5,104.22 crore on Friday.

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Moneyweb

276

Oil steady as investors assess US trade threats and Russia moves

Oil prices steadied amid escalating trade war tensions as President Trump threatened 30% tariffs on goods from EU and Mexico, affecting risk appetite and energy demand outlook.
Global benchmark Brent hovered above $70/barrel after rising 3% the previous week, while US equity-index futures fell following the tariff threats.
Investors awaited a potential major statement from Trump on Russia's actions in Ukraine, adding to market uncertainty.
Despite geopolitical tensions easing, concerns over crude glut persist as OPEC+ relaxes supply curbs, with near-term supportive metrics like backwardation in Brent and dwindling US distillate stockpiles.

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HinduBusinessLine

112

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Markets open weak amid US tariff fears and IT sector drag

Markets opened weak due to US tariff fears and weakness in the IT sector.
Foreign Institutional Investors continued selling, while Domestic Institutional Investors provided some support.
IT stocks dragged the market down, while financial services stocks performed well.
Technical analysts foresee further market decline in the near term, with key support levels for the Nifty at 25,120 and 25,000.

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HinduBusinessLine

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China's rare earth exports jump in June in sign of trade war relief

China's rare earth exports increased in June as a result of agreements reached with the US to ease trade tensions.
The world's largest rare earth producer exported 7,742.2 metric tonnes in June, up from 5,864.6 in May, and 60% higher than June 2024.
The total rare earth exports from China for the first six months of the year were 32,569.2 tonnes compared to 29,095.2 tonnes in the same period last year.
It's important to note that the data does not distinguish between the different types of rare earths, with a more detailed breakdown expected to be released on July 20.

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Bloomberg Quint

5.7k

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TCS Share Price Extends Losses For Second Day On Weak Q1 Results

TCS share price continues to decline for the second consecutive day after weak Q1 results.
TCS reported a 4% increase in net profit for the April-June quarter of fiscal year 2026.
The company announced an interim dividend of Rs 11 per equity share for Q1 of FY26, totaling nearly Rs 4,000 crore in dividend distribution.
Despite economic uncertainty, TCS's order pipeline remains strong according to CEO K Krithivasan.

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Moneyweb

354

Bitcoin hits record high of $120 000 as bullish momentum builds

Bitcoin surged past $120,000 for the first time as investor optimism grows.
The cryptocurrency emerged from a trading range around $100,000, showing renewed momentum.
Bitcoin's rise is attributed to a shift in perspective, institutional inflows, and liquidation of bearish bets.
Analysts remain cautious about the sustained rally, pointing out both favorable and isolated factors.

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Bloomberg Quint

752

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What Does The New CEO Bring To HUL? Motilal Oswal Report

Ms. Priya Nair, the first woman CEO of HUL, has 30 years of experience at Unilever, mainly in handling the company’s India portfolio.
Nair's leadership has led to significant premiumization in HUL's Home Care segment in India.

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Bloomberg Quint

571

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DMart Share Price Falls After Q1 Profit Misses Estimates

DMart's parent company, Avenue Supermarts Ltd, saw its shares decline 1.63% after reporting Q1FY26 earnings below expectations.
In the first quarter of FY26, Avenue Supermarts witnessed a 16.3% increase in consolidated revenue but missed estimated Ebitda and net profit figures.
Despite opening nine new stores in the quarter, DMart's profitability was impacted by margin pressures in the competitive retail landscape.
The muted bottom-line performance has raised concerns among investors about margin pressures, even though the company continues to see growth in its total store count and revenue.

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Bloomberg Quint

127

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⁠ICICI Lombard Q1 Results: Date, Earnings Call Details, Share Price History And More

ICICI Lombard General Insurance Company will host an earnings call on July 15 to discuss its financial results for the quarter ended June 30, 2025.
The company's Board of Directors will meet on July 15 to approve the audited financial results for the mentioned quarter.
The trading window for dealing in ICICI Lombard's securities has been closed till July 17, 2025, in compliance with regulations.
ICICI Lombard reported a marginal decline in net profit for the quarter ended March 31, 2025, with a net premium earned increase of 19.6% year-on-year.

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Bloomberg Quint

171

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Maharashtra To Issue 328 New Liquor Shop Licenses, Ending 50-Year Freeze

The Maharashtra government is set to issue 328 new liquor licenses, ending a 50-year moratorium on wine shop permits to boost state revenue.
The new licenses will be issued to companies instead of individual shops, with each company eligible for eight licenses that can be rented out.
Under the revised rules, companies will only need to deposit Rs 1 crore, down from the previous Rs 10 crore, to obtain a license, which will be non-refundable.
A committee led by Deputy Chief Minister Ajit Pawar will oversee the issuance of foreign liquor licenses, sparking concerns about impartiality due to familial relations with a liquor manufacturer's director.

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Bloomberg Quint

243

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Bitcoin Hits Fresh Record High Of $1,20,000 As Bull Run Continues

Bitcoin reaches a fresh record high of $120,000, jumping 1.45% intraday as per Bloomberg data.
In terms of Indian rupee, Bitcoin is trading at Rs 1.03 crore.
Institutional demand, US Bitcoin ETF inflows, and regulatory optimism are fueling the bull run in Bitcoin.
BTC seen as a hedge amid weaker dollar, rising US treasury demand, and improving regulatory clarity.

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Bloomberg Quint

2.1k

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VIP Industries Share Price Fall Over 5% After Promoter Group Entities Plan Stake Sale

VIP Industries saw a share price drop of over 5% following the announcement of a stake sale by promoter group entities to private equity investors.
Promoter Dilip Piramal and group's shareholding in VIP Industries will decrease from 51.73% to 19.73% post the stake sale.
The stake sale will involve a 32% stake and an open offer for an additional 26% shares, potentially allowing certain purchasers to acquire management control of the company.
Shares of VIP Industries fell 5.34% to Rs 432.15 apiece but later traded 4.39% lower at Rs 436.50 apiece. Analysts have mixed ratings on the stock, with an average price target suggesting a potential downside.

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Bloomberg Quint

127

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'Reduce' DMart Shares Maintains Dolat Capital Post Q1 Results — Check Revised Target Price

Dolat Capital upholds 'Reduce' rating on DMart shares post Q1 results citing weak performance, competition from Qcom, and rich valuations.
DMart's revenue growth was soft at 16.2% YoY impacted by deflation in staples and non-food products, with same-store sales growth at 7.1% YoY for older stores.
Potential triggers for DMart include accelerated store expansion, category-mix improvement, and new launches.
Dolat Capital mentions that despite softer revenue contribution from newer stores, bias remains positive for DMart.

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Bloomberg Quint

144

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HDFC Life Q1 Results On July 15 — Check Key Details Here

HDFC Life Insurance Company will announce its Q1FY26 earnings on July 15, with a Board Meeting scheduled to unveil its performance for the April-June period.
The market regulator SEBI mandates the closure of trading windows for companies before disclosing quarterly results to prevent insider trading. HDFC Life has closed its trading window from July 1 to July 17 in compliance with these regulations.
HDFC Life's Q1FY26 earnings conference call with analysts and investors is set for July 15 at 5:15 p.m. The company commands a market share of over 11% in the life insurance sector with an AUM of Rs 3.36 lakh as of March 2025.
HDFC Life stock performance shows a decline in the past month and last five trading sessions but has risen significantly in the last six months and year-to-date. As of now, the stock is trading 0.24% lower at Rs 757.20 apiece.

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