Current Affairs

Grasim Subsidiary to Acquire Shell-Backed Sprng Energy for ₹17,200 Crore

Aditya Birla Renewables Limited, a Grasim subsidiary, will acquire Sprng Energy from Shell for ₹17,200 crore, marking one of India’s largest renewable energy deals.

NIFTY50 Faces Key Support and Resistance on July 14 Expiry

NIFTY50 is set to open lower amid Middle East tensions and rising crude prices, with 24,000 as crucial support and 24,500 as resistance on the July 14 expiry day.

Wall Street Falls as Hormuz Strait Tensions Rise

Renewed conflict in the Strait of Hormuz sparked a rise in oil prices and led to declines across major US stock indexes, with the NASDAQ dropping over 1.5%.

Grasim Acquires Sprng Energy in $1.8 Billion Deal

Grasim Industries’ renewable energy arm, ABRen, is set to acquire Sprng Energy from Shell for $1.8 billion, forming one of India’s largest renewable platforms amid volatile oil prices.

KCET 2026 Round 1 Seat Allotment Results Released

Karnataka Examinations Authority has published the first round provisional seat allotment results for KCET 2026. Candidates can now check their allotted colleges and courses online.

EPFO Credits 8.25% Interest to PF Accounts for FY26

EPFO has started crediting 8.25% interest on provident fund deposits for FY26. Members can check updated balances by July 15 using the new Passbook Lite feature.

Edelweiss Launches Nifty REITs & Realty Index Fund

Edelweiss Mutual Fund plans a new open-ended scheme tracking the Nifty REITs & Realty Total Return Index, aiming to mirror its performance with high-risk exposure.

Re-NEET 2026 Response Sheet Released by NTA

NTA has published the Re-NEET 2026 OMR response sheets online. Candidates can download their sheets, challenge answers until July 15, and estimate scores ahead of results.

NASDAQ Drops 450 Points Amid Middle East Tensions

Renewed conflict in the Middle East pushes NASDAQ down 450 points as oil prices surge near $79 per barrel, impacting US markets and investor confidence.

When Salaried Taxpayers Must File ITR-2 Instead of ITR-1

Salaried taxpayers with complex income sources must file ITR-2 instead of ITR-1 for AY 2026-27. Learn which incomes and conditions require this form.

NTA to Release UGC NET 2026 June Answer Key Soon

The National Testing Agency will publish the provisional answer key for UGC NET 2026 June session shortly, allowing candidates to review and raise objections before final results.

India's Retail Inflation Climbs to 4.38% in June 2026

India's retail inflation rose to 4.38% in June 2026, driven by higher food prices and soaring costs in silver and other commodities. Food inflation accelerated to 5.32%, impacting both urban and rural consumers.

US Stock Futures Show Mixed Signals Amid AI and Oil Concerns

US stock futures pointed to a mixed start on July 13 as investors reacted to rising oil prices and weak AI sector momentum following sharp losses in Asian markets.

NSUI Holds Marathon Protest Against Exam Paper Leaks

The National Students' Union of India organized a marathon in Jaipur to protest exam paper leaks and demand a transparent recruitment process.

HCL Technologies Q1 Profit Rises 20% to ₹4,624 Crore

HCL Technologies reported a 20.32% year-on-year increase in net profit to ₹4,624 crore for Q1 FY27, with revenue climbing nearly 14%. The company also declared an interim dividend.

HCL Tech Declares ₹12 Interim Dividend for Q1 2026-27

HCL Technologies announced a ₹12 per share interim dividend alongside its Q1 financial results for the 2026-27 fiscal year. The company has set a record date for shareholders to receive the dividend.

SEBI Launches New Videos to Educate Investors on Corporate Bonds

SEBI has released new videos to help investors understand corporate bonds, highlighting risks, credit ratings, and safe investment platforms.

8th Pay Commission Proposes ₹1.12 Lakh Minimum Salary at Pay Scale 3

The Staff Side suggests a fitment factor of 3.833 for the 8th Pay Commission, proposing a minimum salary of ₹1,12,000 at Pay Scale 3, reflecting family expenses and previous pay scales.

ICICI Prudential AMC Q1 Net Profit Rises 23% to ₹965 Crore

ICICI Prudential Asset Management Company reported a 23.1% year-on-year increase in net profit to ₹964.63 crore for Q1 FY27, with revenue up 17.55% from last year.

KCET 2026 Round 1 Seat Allotment Results Released

Karnataka Examination Authority will announce the KCET 2026 provisional round 1 seat allotment results on July 14. Candidates can check their allotment based on rank and preferences.