Business
Dabur Q1 updates: Co expects double-digit revenue growth as rural demand stays ahead of urban
The company, in its quarterly update for the period ended June 30, 2026, said consumer sentiment remained resilient despite geopolitical concerns and hyperinflationary pressure in some of its key markets. Dabur said its business trajectory improved sequentially over the previous quarter, and it expects consumption in international markets to improve in the coming quarters as the Middle East situation eases.
In India, both rural and urban markets sustained their growth trend, with rural demand continuing to outpace urban. This is important for Dabur as a large part of its portfolio, including health, oral care, hair care and beverages, has strong rural and semi-urban reach.
The India FMCG business is expected to post near double-digit growth during the quarter. The home and personal care business is likely to grow at a near-teens level, led by strong demand for hair oils and shampoos. Dabur said hair oils and shampoos are expected to deliver high-teens growth, supported by perfumed and coconut hair oils.
Oral care is also expected to report near double-digit growth. Dabur said growth was broad-based across the segment, with the new herbal franchise and Meswak recording strong double-digit growth. Its flagship Red Toothpaste and Lal Dant Manjan brands also continued their upward trend.
Also Read: Vedanta Power Q1 update: Sales rise 38% on Meenakshi boost, Sakti shutdown weighs
The healthcare business is expected to show sequential improvement, with mid-single-digit growth. Key brands such as Hajmola, Pudin Hara, Dabur Honitus, Isabgol and the health juices range are expected to deliver robust double-digit growth. Dabur Glucose, which was affected in the early part of the quarter, recovered sequentially later.The food business continued to grow at a high double-digit pace. Badshah is expected to deliver high-teen growth, while the beverages portfolio recovered during the quarter. Dabur said Real Activ juices and coconut water recorded strong double-digit growth.
The company’s emerging channels, including e-commerce, quick commerce and modern trade, are expected to report strong double-digit growth. General trade also improved sequentially, with growth seen across urban and rural markets. Dabur said Project Saksham, its distribution and route-to-market optimisation initiative, is showing early positive signs.
The international business is expected to grow in the high teens in rupee terms, even with severe pressure in the Middle East. Egypt, Turkey, Bangladesh and the UK each recorded strong double-digit growth in rupee terms.
Dabur said elevated inflation during the quarter, especially in hair care, was managed through calibrated price hikes, helping maintain stable operating margins. Profit after tax is expected to grow at a double-digit level. The company said detailed financial results will be announced after board approval.
Business
Amazon Leo satellite broadband set for UK launch in 2026
Amazon has passed the milestone it needed to switch on its long-awaited Leo satellite broadband service, deploying enough satellites to begin initial coverage later this year, with the UK confirmed among the first wave of markets.
The breakthrough came in the early hours of 2 July, when a United Launch Alliance Atlas V rocket lifted 29 satellites into orbit from Cape Canaveral, the final Atlas V mission in Amazon’s launch programme. The flight took the constellation to 396 spacecraft, tying the record for the heaviest payload the veteran rocket has ever carried.
Chris Weber, vice president of Amazon’s Leo business, said the constellation was now large enough “to support continuous service across initial latitudes”. He added: “Still lots of work ahead, including raising all these new satellites to their assigned altitude, but we’ve completed enough launches for initial service this year, and future missions just add coverage and capacity.”
For Jeff Bezos’s answer to Elon Musk’s Starlink, the announcement marks the end of a lengthy and at times fraught deployment phase. Amazon, which rebranded the project from Kuiper to Leo last year, holds FCC authorisation for a constellation of around 3,236 satellites and had faced a regulatory deadline to orbit half of them by mid-2026, though the US regulator has since shown flexibility on timing, according to CNBC.
What it means for UK businesses
An enterprise and government preview has been under way since late 2025, but the consumer rollout is targeted for mid-to-late 2026 in priority markets including the UK, US, Canada, France and Germany. Britain’s early place in the queue owes much to Ofcom approval already being in place, though coverage will initially be limited to certain latitudes and broaden as more satellites launch. Full availability could stretch into 2027 depending on the pace of deployment.
The service is designed to deliver speeds from 25Mbps up to 400Mbps and beyond, with gigabit-capable terminals using advanced phased-array antennas, and latency low enough for video calls and streaming. Beyond fixed home broadband, particularly for rural and underserved parts of the UK, Amazon is targeting portable connections, in-flight Wi-Fi through partnerships such as its JetBlue deal, and enterprise and government applications. Customer terminals are in testing, and would-be users can join the waitlist at leo.amazon.com.
An uphill battle against Starlink
Amazon enters the market a long way behind. Starlink has thousands of satellites in orbit, millions of customers worldwide and a growing UK footprint, having recently undercut BT with £35-a-month broadband and secured new Ofcom spectrum licences to expand capacity at its British ground stations.
Even so, the arrival of a deep-pocketed second player should be welcome news for the estimated hundreds of thousands of UK premises still beyond the reach of full-fibre networks. Competition on price, hardware and service quality has been conspicuously absent from the satellite broadband market to date, and Amazon’s entry, backed by its logistics, retail and AWS cloud infrastructure, is the first credible challenge to Starlink’s dominance.
For rural firms weighing up connectivity options, the sensible play is to watch how the initial rollout performs. Timelines in the satellite business have a habit of slipping, but for the first time the UK is months, not years, away from a genuine two-horse race in the sky.
Business
Paul Pelosi faces hit-and-run charge after striking parked vehicle in California, media reports say

Paul Pelosi faces hit-and-run charge after striking parked vehicle in California, media reports say
Business
Dell announces $250 investment for millions of children through Trump Accounts
Siebert Financial CIO Mark Malek breaks down the benefits of ‘Trump Accounts’ on ‘The Claman Countdown.’
In an Independence Day announcement, tech billionaire Michael Dell and his wife Susan unveiled a “public-private partnership” aimed at giving millions of young Americans a direct financial stake in the nation’s economy.
The Dell Technologies CEO took to X on Saturday to announce they are giving $250 each to the first 25 million qualifying American children who sign up for “Trump Accounts.”
“This makes every child a shareholder in the greatest prosperity-creating engine the world has ever known — American capitalism,” Dell wrote in an X post. “Through this public-private partnership, we’re giving the next generation a real stake in our economy and a path to the American Dream: education, a first home, starting a business, and building lasting wealth.”

The Trump Accounts app will feature eight exclusive financial literacy modules. (U.S. Department of the Treasury / Fox News)
WHITE HOUSE UNVEILS TRUMP ACCOUNTS MOBILE APP AHEAD OF JULY 4 ROLLOUT
The announcement coincides with the official Fourth of July launch of Trump Accounts, a provision of new tax legislation designed to give young Americans a financial head start.
Under the program, which was announced one year ago, every U.S. citizen born between Jan. 1, 2025, and Dec. 31, 2028, is eligible to receive a $1,000 government-provided baseline investment upon enrollment.
Parents can register their children for the program when filing their taxes, acting as sole custodians of the account until the child turns 18.

FILE – President Donald Trump speaks during the Trump Accounts Launch Summit in Washington, D.C., in January. (Valerie Plesch/Bloomberg via Getty Images / Getty Images)
HOW TO KNOW IF YOUR CHILD QUALIFIES FOR A TRUMP ACCOUNT: ‘A FINANCIAL STAKE IN THE FUTURE’
While no personal contributions are required, parents have the option to deposit up to $5,000 per year, which is then invested directly in American companies in the stock market.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| DELL | DELL TECHNOLOGIES INC. | 394.32 | -30.93 | -7.27% |
President Donald Trump projected the program will put $3 to $4 trillion of wealth into the hands of young Americans over the next 15 years.
“Decades from now, I believe that Trump Accounts will be remembered as one of the most transformative policy innovations of all time,” Trump said during the program’s announcement.

FILE – Sen. Ted Cruz, R-Texas, speaks during an announcement with Dell Technologies CEO Michael Dell and his wife, Susan, and President Donald Trump about “Trump Accounts” at the White House in 2025. (Andrew Caballero-Reynolds/ AFP/Getty Images / Getty Images)
Dell, who had previously pledged more than $6 billion to the program, said the initiative “unites us all in hope and optimism for every child’s future.”
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The combined launch of the government initiative and the Dells’ private contribution has drawn widespread praise, with Sen. Ted Cruz, R-Texas, lauding the effort on Saturday as “an extraordinary birthday gift to celebrate the greatest nation in the history of the world.”
Business
Death toll from Venezuela quakes rises to 2,954

Death toll from Venezuela quakes rises to 2,954
Business
Ukraine’s Zelenskiy says he spoke to Trump, calls for ’American resolve’ to help end war

Ukraine’s Zelenskiy says he spoke to Trump, calls for ’American resolve’ to help end war
Business
Goldman revises its USD/JPY forecasts. Here are the new targets

Goldman revises its USD/JPY forecasts. Here are the new targets
Business
Masked Patriot Front white nationalists stage July 4 march through DC

Masked Patriot Front white nationalists stage July 4 march through DC
Business
US VP Vance says Britain has been failed by leaders, hopes next PM delivers change

US VP Vance says Britain has been failed by leaders, hopes next PM delivers change
Business
Eating champion Joey Chestnut defends title but blames heat for lower hot-dog tally

Eating champion Joey Chestnut defends title but blames heat for lower hot-dog tally
Business
Lili Turns Idle Cash Into Up to 4% APY for Small Businesses

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