Gold Hits ₹1 Lakh!
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🗞️ Gold Tops ₹1 Lakh: Safe-Haven Surge
Gold prices hit ₹1,00,050 per 10g today — crossing the historic ₹1 lakh mark for the first time in India, boosted by global uncertainty and robust central bank buying.
💬 Expert Take:
"Gold breaching ₹1 lakh reflects global safe-haven rush and India’s festive buying tailwind,"
— Kavya Mehta, Precious Metals Strategist
🗞️ Infosys Q1 Profit Rises 9% YoY
Infosys posted a strong ₹6,921 crore profit in Q1 FY26, up 9% YoY, as digital deals stayed robust despite muted global IT spending.
💬 Expert Take:
"Margin stability and healthy deal pipeline keep Infosys ahead of peers,"
— Amit Trivedi, Tech Analyst, QBIT Research
🗞️ GNG Electronics IPO Fully Subscribed in 1 Hour
GNG Electronics got fully booked within an hour of launch. The ₹460 crore issue saw strong retail and HNI buzz.
🗞️ BD Industries ₹600 Cr IPO Opens July 30
Molded plastic maker BD Industries will launch its IPO on July 30 — the SME IPO wave rolls on.
🗞️ Dr. Reddy’s Net Profit Up 2%
Dr. Reddy’s Laboratories reported a ₹1,418 crore profit for Q1 FY26, up 2% despite higher costs. Revenue rose 11% YoY.
🗞️ India-UK FTA to Boost Exports
The India-UK FTA could benefit textile, pharma, leather and engineering exports, says FIEO — potentially lifting India’s trade prospects.
🗞️ Myntra Faces FEMA Complaint by ED
The ED filed a complaint against Myntra and its directors for alleged FEMA violations worth ₹1,645 crore.
🗞️ ED Enables ITR-2 Online Utility
New online utility for ITR-2 filing is now live — easing tax filing for salaried taxpayers with capital gains.