This news roundup covers a range of topics, from the upcoming earnings season, including TCS and IREDA, to the latest developments in the Israeli-Palestinian conflict and the Indian stock market. Also included are stories about the upcoming IPOs, the tragedy at the IAF airshow in Chennai, upcoming bypolls in Uttar Pradesh, the RSS chief’s call for Hindu unity, the protests following the Kolkata doctor’s death, and the potential location of the IPL 2025 auction.
This week’s data-driven insights delve into the impact of abundant rainfall on Indian kharif crops, the US Federal Reserve’s rate cut, the bankruptcy of Tupperware, plummeting crude oil prices, rising retail investor interest in IPOs, the Chandrayaan-4 mission, the expansion of Ayushman Bharat, and India Inc’s dividend payouts.
India is gearing up for a week of significant events, including the launch of SEMICON India 2024, the second International Conference on Green Hydrogen, and several high-profile IPOs. Prime Minister Narendra Modi will officially inaugurate SEMICON India 2024, highlighting the nation’s ambitious plans to become a global leader in the semiconductor industry. Meanwhile, the Green Hydrogen conference will explore ways to accelerate India’s clean energy transition. Additionally, the IPOs of Bajaj Housing Finance, Innomet Advanced Materials, and Excellent Wires and Packaging are set to open or close today, offering investors new opportunities.
Today, July 22nd, marks a busy day in the Indian economic and political landscape. Key events include the tabling of the Economic Survey 2023-24 by Finance Minister Nirmala Sitharaman, the release of Q1FY25 earnings by various companies, the opening of new IPOs for subscription, crucial court hearings, and the commencement of the Andhra Pradesh Assembly session.
