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Deep dives and daily takes from The Business Now newsroom โ across markets, money and macro.
Crypto
RBI Reportedly Recommends Cryptocurrency Ban in India: What It Means for Bitcoin, Crypto Investors, and the Digital Asset Industry
RBI Reportedly Supports Fresh Cryptocurrency Ban as Regulatory Debate Intensifies India’s cryptocurrency industry is once again under the spotlight after reports revealed that the Reserve Bank of India (RBI) has reiterated its long-standing recommendation for a comprehensive ban on private cryptocurrencies. According to documents reviewed by multiple media outlets, the central bank believes that digital...
Crypto
Bitcoin Drops Below $63K After Trump-Iran Tensions Shake Global Markets
Bitcoin came under renewed selling pressure after geopolitical tensions escalated following remarks by U.S. President Donald Trump regarding Iran, sending shockwaves through global financial markets. The world’s largest cryptocurrency briefly fell below the $63,000 mark as investors reduced exposure to riskier assets amid growing uncertainty. The decline was not limited to Bitcoin. Major cryptocurrencies, including...
Business
Apple and Broadcom Extend Multi-Billion Dollar Chip Partnership Through 2031: $30 Billion Deal to Boost U.S. Manufacturing
Apple Strengthens U.S. Chip Supply with Historic Broadcom Partnership Apple has announced a major long-term agreement with semiconductor giant Broadcom, extending their strategic chip supply partnership through 2031 in a deal expected to exceed $30 billion. The agreement marks one of Apple’s largest commitments to U.S.-based semiconductor manufacturing and reinforces its strategy of securing critical...
Economy
Trump and Zelenskyy Meet at NATO Summit: High-Stakes Talks Signal a New Chapter in Ukraine’s Future
Trump and Zelenskyy Hold Crucial Bilateral Meeting at NATO Summit Global attention turned to the NATO Summit as U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy held a high-profile bilateral meeting, sparking renewed speculation about the future of the Russia-Ukraine conflict, Western military support, and the broader security landscape in Europe. The meeting came...
Business
Samsung Confirms Galaxy Unpacked 2026 Event: Galaxy Z Fold 8, Galaxy Z Fold 8 Ultra & Z Flip 8 Set for Grand Launch
Samsung has officially announced the date for its highly anticipated Galaxy Unpacked 2026 event, where the company is expected to unveil its next generation of foldable smartphones and AI-powered devices. The event will take place on July 22, 2026, in London, marking one of Samsung’s biggest product launches of the year. With the teaser tagline...
Business
Global Stock Market Crash Today: Asian Markets Sink as Sensex, Nifty, Nikkei and Shanghai Extend Worldwide Sell-Off
Global financial markets witnessed a broad-based sell-off on Wednesday as investors reacted to rising economic uncertainty, geopolitical tensions, and cautious expectations surrounding central bank policies. Major Asian benchmark indices closed sharply lower, adding to concerns that volatility may continue across global equity markets. Investors worldwide shifted toward safer assets as risk appetite weakened. India’s benchmark...
Finance
Stock Market Crash Today: Sensex and Nifty Tumble as Oil Prices Surge, Global Tensions Shake Investor Confidence
Indian Stock Market Ends Deep in the Red as Global Uncertainty Triggers Heavy Selling Indian equity markets witnessed one of their sharpest declines in recent weeks on Wednesday, July 8, 2026, as investors rushed to reduce risk amid escalating geopolitical tensions and a sharp rise in crude oil prices. Benchmark indices Sensex and Nifty 50...
Commodities
China Boosts Diesel and Gasoline Exports in July 2026: What It Means for Global Oil Prices, Asian Markets, and Fuel Supply
China has taken a major step toward easing regional fuel supply concerns by significantly increasing exports of diesel and gasoline for July 2026. The move comes after months of tighter export controls that had reduced the availability of refined fuel across Asia and contributed to market uncertainty. The decision is expected to reshape fuel markets,...
Global
US-Iran Ceasefire Under Pressure After Fresh Strikes and Attacks in Bahrain and Kuwait
US-Iran Ceasefire Under Pressure After Fresh Strikes and Attacks in Bahrain and Kuwait A fragile ceasefire between the United States and Iran has come under renewed strain after both sides accused each other of violating the agreement following a fresh round of military action in the Gulf region. According to multiple reports, Iran’s Islamic Revolutionary...