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Stock markets bounce back after previous session’s drubbing, Sensex climbs 238 points

Mumbai, Jul 9 (PTI) Market benchmark indices Sensex and Nifty rebounded on Thursday after a heavy correction in the previous session amid foreign fund inflows and a largely positive trend in global markets. However, caution prevailed in the market as the United States and Iran exchanged strikes for a second consecutive day, an expert said. The 30-share BSE Sensex climbed 238.22 points, or 0.31 per cent, to settle at 76,741.82. During the day, it jumped 823.05 points, or 1.07 per cent, to 77,326.65. The 50-share NSE Nifty went up by 80.75 points, or 0.34 per cent, to end at 23,962.80.

How Trump’s call to FIFA tested the limits of rules‑based order

St. Catharines (Canada), Jul 9, 2026 (conversation) “All I did was ask for a review because I didn’t think it was a foul,” United States President Donald Trump said this week in front of reporters in the Oval Office. He was explaining why he had personally called FIFA President Gianni Infantino to ask that a red card issued to American forward Folarin Balogun be reconsidered. Balogun had been issued the red card during the team’s round of 32 match against Bosnia and Herzegovina on July 1. The Americans won that match 2-0, but a red card normally carries an automatic

Australia, India strike deal on uranium exports during Modi visit

MELBOURNE/NEW DELHI, July 9 (Reuters) – Australia and India reached a deal on Thursday to export Australian uranium to India for ‌use in the nuclear energy industry, while agreeing to deepen cooperation in renewables, critical minerals and green hydrogen. India has long eyed Australia’s uranium reserves to help meet a target of 100 gigawatts of nuclear energy capacity by 2047, while Australia is looking to diversify trade beyond its ​reliance on China, its top partner. “Australia and India are close partners and even closer friends,” Australian Prime Minister Anthony ​Albanese told reporters in Melbourne on Thursday, after finalising the deal

India consumer inflation likely topped RBI’s 4% target in June

BENGALURU, July 9 (Reuters) – India’s consumer inflation likely breached the RBI’s medium-term target of 4% in June for the first time in 16 months, according ​to a Reuters poll, as higher food and fuel prices, the U.S.-Iran war ‌and a weak monsoon added to cost pressures. Consumer inflation, measured by the annual change in the consumer price index (CPI), is expected to have quickened to 4.3% in June from 3.93% in May, 37 economists forecast in the poll ​conducted July 3-9. Estimates for the data, due to be released on July 13, ranged ​from 3.65% to 5.50%. This would

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