Market News
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Five Stocks To Buy: Adani Power, Glenmark Pharma, Tata Steel And More | July 7, 2026
Market analysts and brokerage firms have identified high-conviction trading ideas for the upcoming session, focusing on power, pharma, auto sector and chemicals.
Mumbai Rain News Live Updates: Palghar On Red Alert, BMC Declares Holiday For School Students
Mumbai Rain News Live Updates: The IMD has issued a red alert for Palghar and orange alert for Mumbai.
Private banks write off nearly half of NPAs in FY26, outpace PSBs
"Private banks utilise these write-offs and provisioning buffers to proactively clean up their balance sheets, while public sector banks generally rely more heavily on aggregate long-term or systemic recovery," said Kuntal Sur, partner and leader for risk consulting, financial services and treasury, at PwC India. "Unsecured retail loans in general have shown deteriorations leading to higher write-offs."
Private banks write off nearly half of NPAs in FY26, outpace PSBs
"Private banks utilise these write-offs and provisioning buffers to proactively clean up their balance sheets, while public sector banks generally rely more heavily on aggregate long-term or systemic recovery," said Kuntal Sur, partner and leader for risk consulting, financial services and treasury, at PwC India. "Unsecured retail loans in general have shown deteriorations leading to higher write-offs."
Mumbai School Holiday: BMC Says All Educational Institutes To Stay Shut On Tuesday Amid Rain Alert
BMC declares July 7 holiday for Mumbai schools, colleges amid IMD orange alert.
Mumbai Rain Alert: Schools In Thane, Navi Mumbai, Palghar To Stay Closed; No Holiday Declared By BMC Yet
Rain shuts schools in Thane, Navi Mumbai, Palghar; Mumbai awaits BMC holiday call
NCLT clears Torrent Pharma's merger with JB Chemicals
The National Company Law Tribunal (NCLT) has approved the merger of JB Chemicals & Pharmaceuticals with Torrent Pharmaceuticals. The amalgamation will take effect after the company files the tribunal's order with the Registrar of Companies.
Rain Alert: Holiday Declared In School, Colleges In Mumbai, Thane, Palghar, Navi Mumbai On Tuesday?
Schools were closed across Mumbai in view of the rains on Monday.
Sumitomo Chemical India stock surges as parent’s semiconductor JV plans excite investors - Indiatimes
Sumitomo Chemical India stock surges as parent’s semiconductor JV plans excite investorsIndiatimes
EL Nino to hit India's energy system harder than anywhere else in world: CREA report
India's energy system faces a significant El Nino impact, with reduced renewable power generation and increased demand for air conditioning. A CREA analysis predicts a potential 18 TWh generation gap, likely leading to a surge in coal-fired power and substantial CO2 emissions. The report stresses the urgency of accelerating solar and battery deployment to bolster grid resilience against extreme weather.
Sentosa eyes higher tourist inflows from India as arrivals to Singapore island rise 8% in FY26
Sentosa Development Corporation is ramping up initiatives to woo Indian tourists, a vital demographic fueling the island's tourism growth. Following an impressive 8% annual increase in visitors from India, the island seeks to attract even more wanderers. Additionally, the forthcoming integration of Sentosa and Brani islands provides a prime opportunity for Indian businesses eager to explore international markets.