*Financial News*
Source: Leading Newspapers
Compiled by *RUDRA SHARES*
Vande Mataram
*Saturday, 11 July 2026*

*Metals & Mining*
• Hindustan Copper appoints advisers for proposed Chile mine acquisition: CMD.
• India extends anti-dumping duty on seamless tubes and pipes till January 2027.

*Telecom & Technology*
• HFCL bags ₹495 crore optical fibre cable export order from a data centre company.
• Vivo to hive off manufacturing unit to its JV firm with Dixon Technologies.
• Trai pushes back on spam tag for 1600 and 140 numbers.
• Morgan Stanley sees pressure rising on chipmakers’ pricing power.

*Infrastructure & Engineering*
• Reliance Infrastructure arm cuts debt, may come out of insolvency.

*Banking & Financial Services*
• Bank credit growth at a two-year high of 18.6% as debt market turns costlier.
• Kotak Mahindra Bank to pursue acquisitions alongside organic growth.
• Indian Bank drops capital raising plan on lower ECL hit.
• Forex reserves rise $7.3 billion as FCNR and ECB flows pick up.

*Automobile*
• Renault India joins hands with IIT Kanpur for vehicle R&D.
• Duty cuts expected to accelerate demand for UK luxury cars in India.

*Consumer & Retail*
• Companies roll back discounts to protect margins amid rising cost pressures.
• Stats Ministry plans to launch India’s first retail sales survey to plug consumption data gap.

*Government & Policy*
• GST law panel clears proposal to protect buyers' input tax credit from supplier defaults.
• India exempts GIFT City units from foreign vessel licensing.
• PM Modi begins New Zealand visit, with trade talks in focus.
• Oil Ministry defends E20 fuel rollout, citing sunk cost considerations.

*Politics*
• Calcutta HC orders Abhishek Banerjee to give voice sample on July 15 in intimidatory speech case.
• Delhi CM Rekha Gupta appoints three BJP MLAs as government spokespersons.
• Bihar Bankipur bypoll: BJP candidate Abhishek Kumar withdraws nomination a day after filing papers.
• RSS to discuss Ram Temple row, favours trust overhaul.
• J&K BJP Chief says NC's plan to protest over statehood is political drama.
• After Sanjay Raut targets Sharad Pawar, Supriya Sule takes a dig at Uddhav Thackeray.

*Capital Markets*
• Happy Steels IPO fully subscribed on Day 2; issue closes on July 13.
• Zetwerk IPO and three other public issues receive SEBI approval.
• Tata Asset Management announces leadership transition; Anand Vardarajan appointed CEO & MD.
• Millworks Tech SME IPO GMP crosses 100%, signalling a strong listing.
• SEBI allows mutual funds to use intraday borrowings for wider purposes from September 1.
• Mutual fund SIP inflows rise to a record ₹31,781 crore in June; stoppage ratio remains at 95%.
• NSE launches Nifty500 Ahimsa Index for values-based investing, paving the way for ethical ETFs.
• FIIs net bought shares worth ₹2,604 crore, while DIIs purchased ₹2,020 crore on July 10.
• Milky Mist is reportedly set to launch a $213 million India IPO this month.
• Gold ETFs witness a 570% surge in inflows in June.
• Silver ETFs snap four-month outflow streak with ₹4,286 crore inflows in June.

*Commodities*
• Gold discounts in India deepen as volatility hurts demand, while purchases in China remain steady.
• Silver stood at ₹2,20,540 (spot) on July 10
• Gold stood at ₹1,42,741 (spot) on July 10

*International*
• Trump says the ceasefire is over, adds the US will continue talks with Iran despite warning the truce has ended.

Jai Hind
*Rudra Hai to Mudra Hai*
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