📰 India Business Brief: Top Headlines for July 09, 2025

Here's a roundup of the top financial and business headlines from leading Indian news agencies for July 09, 2025:

Economic Times

• A nationwide "Bharat Bandh" is scheduled for July 9, 2025, with over 25 crore workers expected to participate, potentially disrupting banking, transport, and other public services.
• Apple has appointed Indian-origin executive Sabih Khan as its new Chief Operating Officer.
• Discussions are progressing on a mini trade deal between India and the US amidst current global tensions.
• The Supreme Court has given a nod for former President Trump to pursue mass federal layoffs.
• IndiGo is reportedly in talks with Airbus to expand its fleet with A350 long-haul aircraft.
• Tata Motors reported a 9% year-on-year decline in global wholesales for the first quarter of FY26.
• Tata Steel India's crude steel production remained flat in Q1 FY26.
• JSW Steel saw a 14% year-on-year increase in crude steel output for the April–June quarter of FY26.
• Union Bank of India reported a 5% year-on-year growth in its total business for the quarter ended June 30.
• Textile stocks have rallied following the US decision to hike tariffs on Bangladesh garments.
• Retail traders in India reportedly lost ₹1.05 lakh crore in FY25 amidst allegations involving Jane Street.

Business Standard

• Indian-origin Sabih Khan has been appointed Apple's Chief Operating Officer.
• India Inc is likely to see single-digit earnings growth in the June quarter.
• Jane Street has described the SEBI order against it as "fundamentally mistaken."
• A preliminary report on the Air India crash is expected to be released by Friday.
• Government banks are intensifying efforts to improve communication with customers by bridging linguistic divides.
• The Reserve Bank of India (RBI) is set to conduct a two-day VRRR (Variable Rate Reverse Repo) auction to absorb ₹1 trillion from the system.
• The Financial Action Task Force (FATF) has warned that e-commerce and online payment platforms are being exploited for terror financing.
• The Uttar Pradesh government plans to acquire 13,240 acres for industrial clusters near expressways.
• Bitcoin is projected to reach $140,000-$145,000 by November 2025, according to Sumit Gupta, co-founder of CoinDCX.
• Homebuyers in India can expect a more balanced property market in 2025 due to a steady rise in housing supply.
• Inflation in Bangladesh has dropped below 9% after 27 months.

Mint

• The Trump administration is reportedly seeking to ban China from purchasing US farms.
• Uncertainty surrounding tariffs is expected to weigh on global growth even after extended trade talks.
• Power demand in India fell in the April-June quarter for the first time since 2020.
• India has deferred tighter quality controls for finished steel imports.
• FATF has warned about tech-savvy terrorist tactics, citing instances of explosives being purchased on Amazon.
• Elon Musk's xAI has restricted its AI model, Grok, to only image replies following reports of anti-Semitic and pro-Hitler posts on X.
• India and the US have extended their deadline to strike a trade deal to July 31.
• Former President Trump has warned BRICS nations of an additional 10% tariff if they attempt to "destroy" the US dollar.
• The Indian stock market benchmark indices, Sensex and Nifty 50, are anticipated to open lower today.
• A "Bharat Bandh" is underway today, with over 25 crore workers participating, which may impact banks and public services.

TAGS: Headlines, Business News, Economic Times, Business Standard, Mint, Top News

Tags: Headlines Business News Economic Times Business Standard Mint Top News