UltraTech Cement, India’s largest cement maker, reported June-quarter revenue of ₹24,648 crore, net profit of ₹2,604 crore and EBITDA of ₹5,016 crore, all above market expectations. Consolidated sales volumes rose 12.2% year on year, while grey cement volumes increased 13.1% to 39.17 million tonnes. Several brokerages reiterated “Buy” ratings and raised target prices, with the highest at ₹15,209. The stock ended 1.5% higher and is up more than 4% so far this year.

Karur Vysya Bank reported a 45% year-on-year rise in first-quarter net profit to ₹756 crore. Net interest income increased 32% and net interest margin widened to 4.34%. Asset quality showed a slight deterioration, with gross NPA edging up to 0.74% while net NPA stayed flat at 0.19%. Total advances and total deposits grew 17% and 15%, respectively.

Yemen’s Houthi movement has threatened a naval blockade of Saudi Arabia, adding to risks for Middle East shipping and energy supplies. At the same time, the United States and Iran signaled talks on a 10-day ceasefire despite ongoing military exchanges. Brent fell 0.4% to $88.87 a barrel while WTI held at $82.47, as near-term geopolitical risk premium eased alongside expectations for declines in U.S. crude and gasoline inventories.

Asian markets were little changed as investors stayed cautious amid renewed inflation worries linked to escalating tensions in West Asia, with Brent crude down 0.4% to $88.86 a barrel. Japan’s Nikkei 225 rose 1.4% while South Korea’s Kospi was flat. U.S. equity index futures eased 0.1%. Traders are also watching megacap tech earnings due this week and next week, according to CNBCTV18.com.

Pakistan LNG Limited (PLL) has approved the purchase of a spot liquefied natural gas cargo for July delivery at $21.88 per million British thermal units (MMBtu). The cargo is scheduled to arrive on July 27–28 after PLL received just one bid. TotalEnergies Gas & Power submitted the sole offer at $21.88 per MMBtu for the fifth LNG cargo to be delivered in July, according to sources.

Shares of major Indian private lenders fell after their first-quarter results showed net interest margins narrowing and profitability under pressure. Axis Bank and HDFC Bank led the declines, while the Nifty Private Bank index sank 2.3% and Bank Nifty fell 1%. The weakness dragged the Nifty 50 down 0.4%. Investors are increasingly pricing in continued margin compression and a potential reassessment of valuations.

On July 21, 2026, retail prices of diesel, gasoline and kerosene in the Philippines rose sharply, up P10.68, P3.65 and P11.77 per liter, respectively. Officials attributed the increases to renewed tensions in the Middle East that pushed global crude prices higher. The Department of Energy said it would step up oversight to prevent market disorder, but did not detail specific measures.

Netflix reported Q2 2026 revenue of $12.6 billion, up 13% year over year and in line with management expectations. Operating income came in at $4.2 billion and EPS was $0.80, both slightly ahead of expectations. Revenue growth has slowed for three straight quarters, and the company’s Q3 outlook points to further cooling to about 12%. The stock fell about 7% to $68.95, near its 52-week low, while Netflix reaffirmed full-year revenue guidance of $51.0 billion to $51.4 billion and maintained a 31.5% operating margin target.