Oil prices stabilised on Wednesday after a surge fueled by fears of escalating US-Iran conflict, triggered by President Trump's aggressive statements and potential Israeli strikes. Concerns about disrupted crude supplies through the Strait of Hormuz heightened market volatility. Asian equities reflected investor anxiety, while weak US economic data raised speculation about potential Federal Reserve interest rate cuts amidst geopolitical uncertainties.

Your bank locker may be sealed! Haven’t signed the updated locker rent agreement? Here’s what banks may do
https://timesofindia.indiatimes.com/business/financial-literacy/banking/your-bank-locker-may-be-sealed-havent-signed-the-updated-locker-rent-agreement-heres-what-banks-may-do/articleshow/121923630.cms

Customers with bank lockers risk losing access if they don't sign revised rental agreements, with about 20% facing potential denial due to missed deadlines. Banks are seeking authorization to issue final notices and seal lockers for non-compliance, as the RBI monitors adherence to updated guidelines.

China export curbs hit: India seeks to secure rare-Earth supply chain, push for self-reliance in critical minerals
https://timesofindia.indiatimes.com/business/india-business/china-export-curbs-hit-india-seeks-to-secure-rare-earth-supply-chain-push-for-self-reliance-in-critical-minerals/articleshow/121928624.cms

India is bolstering its rare-earth material supply chain to reduce reliance on imports, especially from China, for critical components in EVs, electronics, and defense. Inter-ministerial meetings are addressing the entire value chain, from mining to refining, with potential amendments to mining regulations to boost domestic production.

FASTag annual pass: How to purchase, validity, cost, trip limit & more - Top 15 FAQs answered
https://timesofindia.indiatimes.com/business/infrastructure/what-is-fastag-based-annual-pass-how-to-purchase-validity-cost-trip-limit-more-top-15-faqs-answered-national-highways-toll/articleshow/121929877.cms

Starting August 15th, 2025, FASTag users can purchase an Annual Pass for ₹3,000, allowing unlimited passage for private cars, jeeps, and vans on designated National Highways and Expressways. The pass is valid for one year or 200 trips, whichever is earlier, and is available through the Rajmargyatra app or NHAI website. We answer the key FAQs:

Sebi proposes widening accreditation scope for KRAs, allows AIFs to provisionally onboard investors, public consultation sought till July 8
https://timesofindia.indiatimes.com/business/india-business/sebi-proposes-widening-accreditation-scope-for-kras-allows-aifs-to-provisionally-onboard-investors-public-consultation-sought-till-july-8/articleshow/121931995.cms

Sebi is planning changes for investor accreditation and AIF onboarding. All KYC Registration Agencies may become accreditation agencies. This could increase competition and lower costs. AIF managers can provisionally onboard investors based on initial checks. Funds cannot be accepted until formal accreditation is secured. These proposed reforms aim to streamline the process for investors and AIFs.

‘Make in India’ boost! Reliance Infra arm partners with France’s Dassault; to make Falcon 2000 business jets
https://timesofindia.indiatimes.com/business/india-business/make-in-india-boost-reliance-infra-arm-partners-with-frances-dassault-to-make-falcon-2000-business-jets/articleshow/121928714.cms

Dassault Aviation partners with Reliance Aerostructure to manufacture Falcon 2000 jets in India. This marks Dassault's first Falcon assembly outside France. The facility will be in Nagpur, Maharashtra.

India’s GDP growth to exceed 6.5% in FY26, says Icra; rural demand and tax relief seen driving momentum
https://timesofindia.indiatimes.com/business/india-business/indias-gdp-growth-to-exceed-6-5-in-fy26-says-icra-rural-demand-and-tax-relief-seen-driving-momentum/articleshow/121932537.cms

ICRA projects India's real GDP growth to exceed 6.5% in FY2025-26, with real GVA growth surpassing 6.3%. Rural demand, tax relief, and lower EMIs are expected to fuel this expansion. CPI inflation is projected above 4.2%, while WPI is estimated over 2.7%. The fiscal deficit is forecast at 4.4% of GDP, and the current account deficit at -1%.

Air India refund tracking: Multiple flights cancelled due to Dreamliner safety checks, weather issues - how to check refund status
https://timesofindia.indiatimes.com/business/india-business/air-india-refund-tracking-multiple-flights-cancelled-due-to-dreamliner-safety-checks-weather-issues-how-to-check-refund-status/articleshow/121929342.cms

Air India has cancelled several international flights, causing travel disruptions following the tragic crash of flight AI171. The airline is increasing operational inspections and technological checks. Bad weather in Delhi is also impacting flight schedules. Passengers can track refund status or request refunds through the airline's website or app, with refunds processed within 7 to 10 business days.