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Latest business, economy, and market news - covering startups, stock markets, and economic trends

Nifty and Sensex Rally on IT Stocks Buying Boost in Early Trade
Business

Nifty and Sensex Rally on IT Stocks Buying Boost in Early Trade

Sensex and Nifty index surged in early trading on July 17, 2026, fueled by strong IT stock performance.

MBN Business Reporter
MBN Business ReporterJul 17, 2026
17
Dmart Shuts Down Operations in Seven Cities Amid Rising Competition
Business

Dmart Shuts Down Operations in Seven Cities Amid Rising Competition

Dmart discontinues online grocery delivery in seven cities due to reduced revenue and competition from rivals like Blinkit and Swiggy Mart.

MBN Business Reporter
MBN Business ReporterJul 17, 2026
15
Nifty Holds Steady in 23,800-24,350 Range Ahead of Earnings Reports
Business

Nifty Holds Steady in 23,800-24,350 Range Ahead of Earnings Reports

Nifty 50 remains in a tight range as traders await key earnings announcements.

MBN Business Reporter
MBN Business ReporterJul 17, 2026
13
Sensex Climbs 425 Points as Nifty Hits 24,176 Amid Earnings Anticipation
Business

Sensex Climbs 425 Points as Nifty Hits 24,176 Amid Earnings Anticipation

Indian markets saw a significant surge with the Sensex rising 425 points amid investor optimism ahead of major earnings reports.

MBN Business Reporter
MBN Business ReporterJul 17, 2026
17
RBI Reforms Bank Governance Framework, Enhances Board Responsibilities
Business

RBI Reforms Bank Governance Framework, Enhances Board Responsibilities

RBI revises bank governance norms, empowering committees for operational matters while boards focus on strategy and risk oversight.

MBN Business Reporter
MBN Business ReporterJul 17, 2026
12
RBI Ombudsman Scheme 2026: Up to ₹33 Lakh Compensation for Complaints
Business

RBI Ombudsman Scheme 2026: Up to ₹33 Lakh Compensation for Complaints

The RBI Ombudsman Scheme 2026 offers a streamlined process for customer complaints, with compensation up to ₹33 lakh.

MBN Business Reporter
MBN Business ReporterJul 17, 2026
13
RBI Seeks Stakeholder Feedback on Money Market Draft Rules by July 17, 2026
Business

RBI Seeks Stakeholder Feedback on Money Market Draft Rules by July 17, 2026

The RBI invites comments on draft rules for money markets and government securities by July 17, 2026.

MBN Business Reporter
MBN Business ReporterJul 17, 2026
15
Nifty Closes Slightly Lower at 24,072.75 Amid Mixed Market Sentiment on July 17
Business

Nifty Closes Slightly Lower at 24,072.75 Amid Mixed Market Sentiment on July 17

The Nifty 50 closed at 24,072.75 on July 17, reflecting cautious trading amid mixed investor sentiment.

MBN Business Reporter
MBN Business ReporterJul 17, 2026
17
Nifty Index Posts Third Consecutive Day of Gains; IT and Realty Sectors Shine
Business

Nifty Index Posts Third Consecutive Day of Gains; IT and Realty Sectors Shine

Nifty closed higher for the third day, driven by IT and realty stocks amid favorable global market trends.

MBN Business Reporter
MBN Business ReporterJul 16, 2026
18
RIL and HDFC Bank Pull Down Markets Despite Record Highs on Dalal Street
Business

RIL and HDFC Bank Pull Down Markets Despite Record Highs on Dalal Street

Market indices closed flat on July 16, 2024, as Reliance and HDFC Bank weighed heavily.

MBN Business Reporter
MBN Business ReporterJul 16, 2026
22
NABARD Unveils Gramodyan Initiative to Transform Rural Economy on 45th Foundation Day
Business

NABARD Unveils Gramodyan Initiative to Transform Rural Economy on 45th Foundation Day

NABARD marks its 45th anniversary by launching the Gramodyan program to drive village-level empowerment and financial inclusion across rural India.

MBN Business Reporter
MBN Business ReporterJul 16, 2026
17
HDFC Bank Names Rajiv Kumar as Part-Time Chairman Following RBI Nod
Business

HDFC Bank Names Rajiv Kumar as Part-Time Chairman Following RBI Nod

The Reserve Bank of India has approved Rajiv Kumar's appointment as Part-time Chairman of HDFC Bank for a three-year term.

MBN Business Reporter
MBN Business ReporterJul 16, 2026
13
India-UK CETA Pact Operationalized: CM Devendra Fadnavis Inaugurates Trade Agreement in Mumbai
Business

India-UK CETA Pact Operationalized: CM Devendra Fadnavis Inaugurates Trade Agreement in Mumbai

CM Devendra Fadnavis launched the India-UK trade pact in Mumbai with a ceremonial cargo exchange to boost Maharashtra's global trade.

MBN Business Reporter
MBN Business ReporterJul 16, 2026
16
Startup Funding and IPO Activity Gains Pace as India Clears ₹1.9 Lakh Crore Tech Push
Business

Startup Funding and IPO Activity Gains Pace as India Clears ₹1.9 Lakh Crore Tech Push

The Union Cabinet has approved a massive ₹1.9 lakh crore incentive for electronics as India-UK trade begins under a new FTA.

MBN Business Reporter
MBN Business ReporterJul 16, 2026
16
RBI Tightens Overseas Investment Norms for India Inc to Boost Financial Transparency
Business

RBI Tightens Overseas Investment Norms for India Inc to Boost Financial Transparency

The Reserve Bank of India has introduced stricter anti-money laundering disclosure requirements for domestic companies investing in foreign joint ventures and subsidiaries.

MBN Business Reporter
MBN Business ReporterJul 16, 2026
18
India Hikes Windfall Tax on Diesel and Jet Fuel Exports Amid Global Oil Surge
Business

India Hikes Windfall Tax on Diesel and Jet Fuel Exports Amid Global Oil Surge

The Indian government has significantly increased windfall taxes on diesel and aviation turbine fuel exports starting July 16, 2026, following a spike in global oil prices.

MBN Business Reporter
MBN Business ReporterJul 16, 2026
17
India's Wholesale Inflation Surges to 9.9% in June, Reaching 27-Month Peak
Business

India's Wholesale Inflation Surges to 9.9% in June, Reaching 27-Month Peak

Wholesale price-based inflation in India climbed to 9.9% in June 2026, marking its highest level in over two years due to rising food and fuel costs.

MBN Business Reporter
MBN Business ReporterJul 15, 2026
20
India-UK CETA Trade Deal Takes Effect: Duty-Free Access for 99% of Indian Exports Starts July 15
Business

India-UK CETA Trade Deal Takes Effect: Duty-Free Access for 99% of Indian Exports Starts July 15

The landmark India-UK Comprehensive Economic and Trade Agreement officially begins today, eliminating duties on nearly 99% of Indian exports while lowering tariffs on British cars and spirits.

MBN Business Reporter
MBN Business ReporterJul 15, 2026
17
Indian Markets Brace for Muted Start on July 15 Amid FTA Updates and Global Cues
Business

Indian Markets Brace for Muted Start on July 15 Amid FTA Updates and Global Cues

Sensex and Nifty are expected to open cautiously on July 15 following weak global cues and persistent selling by foreign institutional investors.

MBN Business Reporter
MBN Business ReporterJul 15, 2026
19
FII and DII Activity Shapes Market Sentiment for July 15 Trading Session
Business

FII and DII Activity Shapes Market Sentiment for July 15 Trading Session

Market participants analyze net flows from foreign and domestic institutional investors to predict Nifty and Bank Nifty movements.

MBN Business Reporter
MBN Business ReporterJul 15, 2026
17