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Stories and analysis from The Business Now newsroom.
Business
Canada Jobs Report, Fed Policy Report & ECOFIN Meetings: 5 Economic Events That Could Move Global Markets Today
Top Economic Events Today: Why Traders Worldwide Are Watching Canada, Europe, and the Federal Reserve Global financial markets are entering another high-impact trading session as investors prepare for several important economic events that could influence currencies, stocks, bonds, commodities, and central bank expectations. Today’s calendar is led by Canada’s Employment Report, ECOFIN Meetings in Europe,...
Economy
EPFO Interest Credit 2026: When Will the 8.25% EPF Interest Be Credited? Here’s Everything Employees Need to Know
EPFO Interest Credit 2026: When Will the 8.25% EPF Interest Be Credited? Here’s Everything Employees Need to Know Millions of salaried employees across India are eagerly waiting for one important update—the annual Employees’ Provident Fund (EPF) interest credit. The Employees’ Provident Fund Organisation (EPFO) has approved an annual interest rate of 8.25% for eligible EPF...
Business
PepsiCo (PEP) Earnings Preview: Can the Beverage Giant Beat Expectations Again? What Wall Street Is Watching
PepsiCo Earnings Preview: Can PEP Continue Its Winning Streak? PepsiCo (NASDAQ: PEP) is back in focus as investors await its next quarterly earnings report. While the official reporting date has yet to be confirmed, analysts expect another closely watched quarter for one of the world’s largest food and beverage companies. The current consensus projects earnings...
Markets
NSE Market Turnover Surges Above ₹2.78 Lakh Crore: Is This a Sign the Indian Stock Market Is Preparing for Its Next Big Move?
When most investors finish watching the markets for the day, they immediately look at one number: Where did the Nifty close? But professional traders often pay attention to something completely different. Market turnover. And on July 9, the National Stock Exchange (NSE) recorded total market turnover of approximately ₹2.78 lakh crore, with 533.48 crore shares...
Business
Why AI Chip Stocks Are Powering the US Stock Market While Consumer Giants Struggle
Wall Street opened Thursday with cautious optimism, as investors continued rotating money into artificial intelligence and semiconductor companies while trimming exposure to slower-growth consumer businesses. The broader U.S. stock market traded modestly higher, supported primarily by technology shares. Although major indexes posted only limited gains, investor attention quickly shifted toward one standout performer—Lam Research, whose...
Economy
FII vs DII Activity Today (July 9, 2026): Domestic Investors Overpower Foreign Selling, Keeping Indian Markets Resilient
India’s stock market witnessed another interesting battle between foreign and domestic institutional investors on Thursday, July 9, as Foreign Institutional Investors (FIIs) continued their selling streak while Domestic Institutional Investors (DIIs) stepped in aggressively, helping support overall market sentiment. According to the latest market data: Investor Category Activity Foreign Institutional Investors (FIIs) Sold ₹532.86 Crore...
Economy
Why Did SpaceX’s Falcon 9 Create a Giant “Space Jellyfish”? The Science Behind the Viral Sky Phenomenon
When SpaceX’s Falcon 9 rocket blasted off from Florida in the early hours of Thursday morning, the mission itself was already making history. The reusable booster completed its 36th successful flight, extending its own record and once again proving why SpaceX remains the global leader in reusable rocket technology. But while aerospace engineers celebrated another...
Economy
Mortgage Rates Today (July 9, 2026): Falling Rates Offer Relief for Homebuyers and Homeowners
Mortgage Rates Continue to Fall, Giving Buyers a Welcome Break After months of elevated borrowing costs, U.S. mortgage rates are continuing their gradual decline, providing encouraging news for both prospective homebuyers and homeowners considering refinancing. The latest market trends show that mortgage rates have eased for several consecutive sessions, helping improve affordability in a housing...
Economy
Eimco Elecon Q1 Results: Net Profit Rises 6.2% YoY to ₹154 Million, Revenue Sees Healthy Growth
Eimco Elecon Reports Strong Q1 FY27 Earnings Eimco Elecon (India) Ltd. has announced its Q1 FY27 financial results, reporting a standalone net profit of ₹154 million, compared to ₹145 million during the same quarter last year. The latest earnings represent a year-on-year (YoY) growth of approximately 6.2%, reflecting steady operational performance despite challenging market conditions....