Pooja Jaiswar

In Q1FY27, Reliance is expected to post a stronger quarter due to improvement in O2C business and continued momentum in Jio Platforms. However, Reliance Retail could see low-double-digit growth.

Gold and silver are on the path to record weekly declines. Spot Gold is on track to lose up to 3% this week, while silver could plunge nearly 7% on week-on-week performance. On the contrary, US WTI Crude and Brent Crude are on the path to recorded over 12% upside for the week.

The power is expected to resume at around 5:00 pm on Friday, and residents are advised to stay updated on their local feeder status and avoid any disruption.

Gold rates in India have seen a notable revision in 2026, falling from a peak of Rs 178,850 per 10 grams of 24-carat gold in late January to below Rs 1.44 lakh currently.

Reliance Q1 Results Preview: Reliance Industries' share price skyrocketed by more than 2% on Friday, on expectations of stronger Q1 results for FY27, which is scheduled later on July 17.

SBI Funds Management IPO Allotment Status: The SBI-backed Mutual Fund IPO had launched its Rs 9,812.91 crore-sized public offer for subscription between July 14th and July 16th, making it the 12th largest in Indian IPO history. Investors can review their application status on the stock exchanges and registrar of the IPO, KFin Technologies.

witnessed a sharp decline due to elevated crude oil prices and uncertain geopolitical conflict between US and Iran, which has pushed the energy market into crisis once again after a temporary ceasefire agreement. The US dollar is also steady, which further dampened market demand for precious metals. At top jewelers of India, 1 gram of gold is under Rs 13,200 in 22 carat, around Rs 14,300 in 24 carat and Rs 10,700 in 18 carat. The trajectory for yellow metal remains volatile and cautious as long as tensions between the US Iran intensify. Also, market has priced a rate hike scenario in September 2026 policy of US Federal Reserve instead of July policy.

In some cities, banks are closed on Friday due to the death anniversary of U Tirot Singh. While banks will be closed on July 18 because of the Drukpa Tshe-zi occasion in some regions of India despite the day being the third Saturday.

The top five billionaires of the world together hold a wealth of nearly 2 trillion dollars. The companies they founded are worth trillions. One of them is even a trillionaire! But have you ever wondered how much tax they pay? Surely, one would like to believe they contribute a humongous amount of tax revenue to the government. But the reality is far more jarring, and once you finish this article, you will be left speechless.

Reliance Industries Q1 Results: Despite reporting a YoY decline, Reliance Industries posted its best first-quarter profit and surpassed street estimates. In Q1FY27, RIL's consolidated net profit, attributable to owners, stood at Rs 20,946 crore, registering a decline of 22.4% YoY but improving by 4.4% sequentially. The year-on-year dip in the profitability is due to one-time profit from sale of listed investments of Rs 8,924 crore in 1Q FY26.