BUSINESS

1. Oil Prices Surge on Middle East Tensions
   Global crude oil prices climbed sharply after renewed geopolitical tensions in the Middle East raised concerns about disruptions in energy supplies. Higher oil prices may increase transportation and manufacturing costs worldwide.
2. Global Chip Stocks Extend Decline
   Semiconductor shares continued to fall as investors remained cautious about AI-related valuations. The sell-off affected major technology companies across Asia, Europe, and the United States.
3. Markets Await US Federal Reserve Decision
   Investors across global markets are closely watching the US Federal Reserve’s policy meeting for signals on future interest rates, which could influence inflation, borrowing costs, and global investments.
4. GSK Announces £400 Million Investment
   Pharmaceutical company GSK has announced a £400 million investment to establish a new research centre in Cambridge, strengthening its research and development capabilities.
5. Indian Government Tightens Sugar Stock Rules
   The Government of India has imposed a 30-day stock limit on sugar from 1 August to 30 November to discourage hoarding and maintain stable market supplies.
6. Brookfield Expands AI Data Centre Plans in India
   Brookfield has announced plans to bring around 6.5 GW of AI data-centre capacity online in India, reflecting rising demand for digital infrastructure.
7. Urea and DAP Imports Rise
   Government data show that India’s imports of urea and DAP fertilisers increased significantly during FY26 to support agricultural production and meet domestic demand.
8. Singapore Airlines Reports Progress with Air India Partnership
   Singapore Airlines stated that Air India’s fleet renewal and service improvement programmes are making tangible progress, supporting the airline’s long-term transformation strategy.
9. Indian Stock Recommendations in Focus
   Market analysts have highlighted stocks such as United Breweries, Max Healthcare, and Adani Enterprises among the key companies being watched by investors today.
10. Technology Sector Remains Under Pressure
    Global technology markets remain volatile as investors assess AI spending, corporate earnings, and economic uncertainty, leading to cautious trading across major stock exchanges.

BY
YASHIR ALI