US imposed a 10% tariff on Indian imports, compared with 12.5% on goods from China and Vietnam, giving India a 2.5-percentage-point headline edge. However, Bangladesh, Pakistan and Sri Lanka also face 10% tariffs, limiting India's advantage in labour-intensive exports. EU and Taiwan's combined most-favored-nation and Section 301 tariffs are capped at 10%, unlike India's additive structure.

A viral video showing ex-Union Minister MK Alagiri's daughter Kayalvizhi slapping an SBI branch manager in Chennai showed an interaction between the two over a malfunctioning lift. As per the complaint, branch manager Harsheen Singh urged Kayalvizhi, who owns the building in which the SBI branch is located, to get a faulty lift repaired. Kayalvizhi instead resorted to slapping Singh.

India's foreign exchange reserves increased by $1.08 billion to $676.237 billion in the week ended July 17, RBI data showed. The gain followed a $964 million rise in the previous week. Higher foreign currency assets offset a decline in gold reserves, with FCAs rising $4.55 billion while gold holdings fell $3.48 billion.

US President Donald Trump's new 10% tariffs on Indian products are unlikely to hit exports of smartphones, computers, medicines and pharmaceutical inputs to the US, Moneycontrol reported. Textiles and apparel, cut and polished diamonds, finished jewellery, shrimp and milled rice are largely exposed to the tariffs. Exports of machinery, chemicals and engineering goods have a mixed exposure.

Warner Bros Discovery sued Amazon, accusing it of a "lawless employee shopping spree" for hiring HBO Max marketing executive Pia Barlow before her contract expired. Amazon is poaching our employees "rather than build its entertainment-production workforce from the ground up", the lawsuit read. Barlow reportedly accepted a higher-paying offer, along with legal support, before joining Amazon.

IPO-bound PhonePe reported an 11% rise in consolidated revenue to ₹7,920 crore in FY26 from ₹7,115 crore a year earlier. Its consolidated net loss widened 62% to ₹2,792 crore from ₹1,727 crore. Growth was hit by the suspension of rent payments, the real-money gaming ban, and the absence of UPI subsidies during the year.

'Trump Trade', or the strategy of investing in stocks that would benefit from Donald Trump's policies, has been left in tatters as the stocks are now trading in the red. This is mostly a result of Trump's policy decisions regarding the war in Iran. The stocks have fallen by up to 16% after seeing double-digit gains in the pre-war period.

A bond SIP (Systematic Investment Plan) differs from an equity SIP in how returns are generated. Equity SIPs benefit from market volatility through rupee-cost averaging, while bond SIPs focus on providing regular interest income and preserving capital. Unlike equity SIPs, bond SIP returns depend on interest rates and the performance of the underlying debt securities.

Reacting to Union Education Minister Dharmendra Pradhan's resignation on Saturday, People Group and Shaadi.com founder and CEO Anupam Mittal took to Instagram and said, "Frankly, I had not expected this." "Gen Z, what have you done?...Just landed in Kolkata and heard that the minister has also resigned, so you have now officially inherited this country. Good luck!" he added.

Indian startups raised $186 million (nearly ₹1,800 crore) during the week of July 17-23, down 44% from $334 million raised the previous week, over a dip in late-stage funding. The week's largest deal came from Veriqus Group, which raised $40.1 million. It was followed by banking software startup BusinessNext and Hyderabad-based Raghu Vamsi Aerospace Group, which raised $40 million each.