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India removes import duty on some electronics, smartphone parts

July 9, 2026
Finance

NEW DELHI, July 9 (Reuters) – India has scrapped import duties on ​some parts used to make ‌mobile phones and other electronic devices, removing the current 7.5% and 5% levies, in a move ​that could help companies ​like Apple and Xiaomi. Here are more ⁠details:

Rupee rises 7 paise to settle at 95.41 against US dollar

July 9, 2026
Finance

Mumbai, Jul 9 (PTI) The rupee appreciated by 7 paise to settle at 95.41 (provisional) against the US dollar on Thursday even as crude oil prices firmed up and the greenback strengthened in the global markets. A recovery in the stock markets and dollar selling by state-run lenders supported the local currency amid rising volatility triggered by the fresh escalation in the West Asia crisis. At the interbank foreign exchange market, the rupee opened lower by 4 paise at 95.52 against the US dollar and later traded in the range of 95.58 to 95.28 during the day. It settled at

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

July 9, 2026
Finance

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

July 9, 2026
Politics

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

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Gold rises for fourth day to Rs 1.54 lakh/10g in Delhi; silver remains flat

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