*Financial News*
Source: Leading Newspapers
Compiled by *RUDRA SHARES*
Vande Mataram
*Thursday, 09 July 2026*

*Automobile*
• Tata Motors PV charts a 10-fold growth plan by FY31, targets 20% market share.
• Uno Minda enters the passenger vehicle seating systems segment.
• Air India executes a stop-gap manoeuvre to keep operations running until a new CEO is appointed.

*Healthcare*
• Fortis Healthcare reappoints Ashutosh Raghuvanshi as MD for two more years.
• Natco Pharma board approves nearly ₹2,500 crore investment in South Africa.
• IPO-bound Paras Healthcare targets a 36% rise in bed capacity to 3,011 by FY28.

*Technology, AI & Data Centres*
• L&T Vyoma and Fortanix partner to offer sovereign and secure AI services in India.
• Data centres, AI and EVs expected to drive India's peak power demand to 300 GW by 27

*Banking & Financial Services*
• Three top executives resign from Axis Bank as the lender reshuffles leadership.
• Private banks may lead PSU peers in Q1 PAT growth.
• Domestic proprietary trading firms face higher funding costs.
• Mutual fund assets surpass FII holdings for the first time, driven by debt funds and ETFs.
• SBI Funds Management fixes IPO price band at ₹545-574; issue opens on July 14.
• EPFO to transfer ₹1.4 lakh crore as interest to 340 million members by July 15.

*Capital Markets*
• NSE to launch India's first domestic natural gas futures on July 27 after SEBI approval.
• Laser Power and Infra mobilises ₹222.6 crore from 15 anchor investors.
• Bombay High Court quashes ACB court order directing an FIR against former SEBI Chief Madhabi Buch and Whole-Time Members.

*Retail & E-commerce*
• Flipkart sees premium food demand from smaller towns ahead of its IPO plans.

*Power, Energy & Infrastructure*
• Nuclear power output expected to rise 44% over the next decade, with India and China leading growth.
• Toll-cum-Annuity Model for national highway bids put on the fast track.
• Government seeks proposals for coal gasification projects under the ₹37,500-crore incentive scheme.
• Indian transformer manufacturers remain confident despite Chinese competition, backed by capacity expansion and strong demand.
• NALCO and NLC India to jointly develop a 1,080 MW captive power plant.
• Jute stock limits withdrawn as record acreage eases supply concerns.

*Commodities*
• Silver stood at ₹2,21,930 (spot) on July 8
• Gold stood at ₹1,42,073 (spot) on July 8
• Gold and silver extended losses amid Middle East tensions.

*Economy*
• Rainfall deficit narrows to 24%, expected to support Kharif sowing in July.
• India's holdings of US Treasury securities fall to a six-year low amid higher gold purchases.
• India's lithium-ion battery ecosystem gains momentum as the government extends duty relief for electronics and battery manufacturing till 2029.

*International & Trade*
• India and Australia should move ahead as natural and trusted partners amid global uncertainty, says PM Modi.
• US Federal Reserve to release minutes of its first policy meeting under new Chair Kevin Warsh.
• Oil rises above $80 after US President Donald Trump says Iran truce is over and warns of further strikes.
• US strikes Iranian railway bridge and military targets; Trump warns Tehran of "20-to-1" retaliation.

*Politics & Governance*
• Tamil Nadu moves the Supreme Court against the Madras High Court verdict striking down quota benefits for converts to Islam.
• TMC and BJP workers clash during the Baruipur rape-murder protest rally in Kolkata.
• Uttar Pradesh CM Yogi Adityanath defends the Ram Temple Trust, accuses Congress and SP of maligning Ayodhya and Lord Ram's legacy.
• ED freezes ₹440 crore of Trinamool Congress funds.
• Shiv Sena corporator Ramesh Mhatre arrested for assaulting doctors.
• AICC says pressure will not change its decision on the Punjab Congress.
• Mamata Banerjee alleges "police raj" amid protest clashes.
• Kerala and West Bengal yet to finalise rules under the new Central labour laws, says an official.

Jai Hind 
*Rudra Hai to Mudra Hai*
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