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RBI Central Board of Directors review current economic situation
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MediSage Receives Asia Book of Records with Over 800,000+ Registered Doctors
Mumbai (Maharashtra) [India], August 21: MediSage has been officially recognized by the Asia Book of Records for creating the Largest Digital Community Platform for Doctors in Asia.
Quick Wrap: Nifty Metal Index records a surge of 0.86%
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Trust will define the next generation of payments: AI, Trust, and the Future of Money | ET WLF 2026
Tesla to recall 2.98 million China-made, imported EVs, to fix software in China
Tesla will recall 2.98 million China-made and imported Model 3, Model Y, Model S and Model X vehicles
S&S Power Switchgear hits the roof after subsidiary bags Rs 50-cr order from Vedanta Aluminium
S&S Power Switchgear hit the upper circuit of 10% to Rs 296.75 after the company's wholly owned subsidiary, Hamilton Research & Technology (HART), has received a purchase order worth Rs 50 crore from Vedanta Aluminium Metal.
Sebi proposes distribution model to deepen corporate bond market reach
Fixed Income Channel Partners would work with online bond platforms to distribute permitted securities and facilitate retail transactions, particularly in smaller cities
What are Firebase scams? Why India asked Google to take down fake banking sites
India is cracking down on scams abusing Google's Firebase to host fake banking sites and malware. I4C ordered at least 57 Firebase websites and databases taken down in August after they were used to steal credit card details, OTPs and other data from victims phones.
India must move from catching up to setting the pace, says Sir Ron Kalifa | ET WLF 2026
Holtec International keen to set up SMR manufacturing facility in Gujarat
The proposed facility could strengthen Gujarats energy manufacturing base as India seeks to expand nuclear capacity and develop advanced reactor technologies
Indian equity benchmarks ended largely flat on Friday, extending gains for a second straight session despite Middle East uncertainties. Power Grid, HDFC Life and Kotak Mahindra Bank led the gainers, while Maruti Suzuki, Trent and HCL Tech were among the top losers. Broader markets outperformed with positive market breadth.
Market ends flat amid geopolitical concerns; metal stocks gain
As per provisional closing data, the barometer index, the S&P BSE Sensex, ended flat at 77,540.83, up 3.11 points or 0.00%. The Nifty 50 index rose 20.15 points or 0.08% to 24,252.
VELS Welcomes Freshers with Grand Celebrations Across Four Campuses in Chennai
Chennai (Tamil Nadu) [India], August 21: VELS Institute of Science Technology and Advanced Studies welcomed new students through a series of Freshers' Day 2026 celebrations held across its campuses in Pallavaram, Periyapalayam, Thalambur and Thiruvanmiyur in Chennai. The celebrations marked the beginning of a new academic journey for students joining programmes across diverse disciplines, including healthcare, engineering, technology, management, maritime studies, aviation and computing sciences.
Millworks Technologies secures orders worth Rs 53.74 cr
Millworks Technologies has announced the receipt of confirmed orders aggregating to approximately Rs 53.74 crore, further strengthening its business momentum for the FY27. With this, the Company's total confirmed order book has increased to Rs 121.88 crore, providing strong revenue visibility for the upcoming period.
Multibaggers: 12 stocks with profit margins above 10% for 8 straight quarters. Do you own any?
A scan of the BSE universe identified 207 companies with a market capitalisation above Rs 3,000 crore that maintained profit margins above 10% for eight consecutive quarters through June 2026. Among these, 12 stocks delivered gains of 97% to 396% over the past two years, with Acutaas Chemicals emerging as the top performer.
ET WLF 2026: Indian companies drive Dubais growth, says Mohammad Ali Rashed Lootah
ET WLF 2026: Indian companies drive Dubais growth, says Mohammad Ali Rashed Lootah
Carlsberg India posts strong volume growth in H1, IPO process underway: Global CEO
Earlier this year, in July, Carlsberg India, the Indian arm of the Danish brewing major Carlsberg Group, filed confidential papers with the capital markets regulator SEBI for a proposed IPO
AI for all, not the chosen few: Preeti Lobana on Indias $1 trillion digital economy | ET WLF 2026
ET World Leaders Forum 2026: AI will reshape payments, but trust will be the real battleground
AI agents are increasingly performing purchases, which presents new payment challenges. Banks and networks must verify agent intent and transaction legitimacy. New security measures will distinguish between genuine and malicious automated activity. Payment rails may become invisible as consumers focus on speed and reliability.
Italian Proverb of the Day: Hope is the last to die. A timeless lesson on resilience
Italian Proverb of the Day: Hope is the last to die highlights the enduring role of hope during uncertainty, setbacks and difficult circumstances. The saying suggests that people can continue believing in the possibility of change even when outcomes appear uncertain. Rather than promising success, the proverb presents hope as a source of resilience that can encourage perseverance until the very end.
The Supreme Court recently nullified a directive from the Madras High Court regarding DMK MP Dayanidhi Maran's legal situation. This decision permits Maran to summon the Union Telecom Secretary as a defense witness, overturning the earlier high court order that required the secretarys testimony. The core of this case pertains to allegations of illicit telephone exchanges established during Maran's tenure as minister.
Tata, Godrej and now Birla: Big groups aren't just chasing glitter
Indias gold loan market is emerging as a growth opportunity for financial institutions, with outstanding loans against gold jewellery reaching Rs 3.3 lakh crore by May 2026. Tata Capital, Godrej Capital and Aditya Birla Capital are expanding aggressively as lenders shift toward secured retail credit, driven by rising gold prices, strong demand, regulatory changes and Indias vast household gold holdings.
PM Modi urges space startups to explore applications in agriculture, livestock, environment
Prime Minister Narendra Modi encouraged young space entrepreneurs to innovate for agriculture and daily life. He highlighted the potential of India's private space sector for global impact. Startups were urged to engage with schools and inspire future generations. Modi acknowledged the risks taken by entrepreneurs and the government's reform process. The government will continue supporting startups to build national space capabilities.
Mint Explainer | PM Modis Sapt Dhara: Indias farm-to-food strategy and why it matters
PM Narendra Modis seven-stream framework puts agriculture and food production at the heart of the push towards Viksit Bharat, with a focus on processing, branding and global exports.
Alacrity Securities Ltd leads losers in 'B' group
Avro India Ltd, Addi Industries Ltd, U. H. Zaveri Ltd and Loyal Textile Mills Ltd are among the other losers in the BSE's 'B' group today, 21 August 2026.
Zydus receives USFDA approval for Ascorbic Acid Injection USP
Zydus Lifesciences announced the receipt of final approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Ascorbic Acid Injection USP, 25,000 mg/50 mL (500 mg/mL), 5,000 mg/10 mL (500 mg/mL).
Japan's Nikkei falls as rising bond yields and rate hike fears weigh on sentiment
The 10-year US Treasury yield rose back to around 4.7%, while Japans 10-year bond yield also moved higher. Investors remained cautious about whether US debt buybacks can provide lasting relief for borrowing costs.
Quadria Capital-backed Nobel Hygiene files IPO papers to raise Rs 150 crore
Nobel Hygiene has filed its DRHP with SEBI for an IPO comprising a fresh issue of up to Rs 150 crore and an offer for sale of up to 15.51 million shares. The company plans to use the fresh issue proceeds for debt repayment, subsidiary investment and manufacturing expansion, as it seeks to capitalise on Indias fast-growing adult absorbent hygiene market.
China stocks end mixed as policy support lifts investor sentiment
The Shanghai Composite was little changed at 3,905.2, while the Shenzhen Component gained 0.87% to 14,094.2. Vice Finance Minister Liao Min said the government would step up fiscal support, with more spending aimed at households and consumption.
India to give Canada's Fairfax two years to consolidate holdings for IDBI Bank deal
A long-delayed sale of a majority stake in IDBI Bank, held by the government and Life Insurance Corp of India, is in its final stages
Indias aspiration economy: How consumers are reshaping cars, hotels, homes and food | ET WLF 2026
Indias aspiration economy: How consumers are reshaping cars, hotels, homes and food | ET WLF 2026
B.L. Kashyap & Sons secures order worth Rs 183 crore
B.L. Kashyap & Sons announced that it has secured an order worth Rs 183.18 crore from Realkraft Ventures LLP (Century Group).
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Punjab National Bank inks pact with Indian Army to offer curated credit cards to army personnel
Punjab National Bank and the Indian Army have signed an exclusive memorandum of understanding. This partnership will offer two specialised credit cards for Army personnel. These cards provide benefits like cashback and airport lounge access. The PNB Parakram Credit Card features an environmentally friendly biodegradable design.
Carlsberg India bags eight awards at World Beer Awards 2026
Haul includes two awards for beer quality and six for can, label, and bottle design across four brands
Mefron drives global standards home, partners with Hanrico for India's cable ecosystem
Ahmedabad (Gujarat) [India], August 21: Mefron Technologies has announced a strategic partnership with Hanrico, a leading original design manufacturer specialising in data cables and wire harnesses, to serve the Indian market. The agreement brings Hanrico's globally trusted expertise directly into India through Mefron's local manufacturing and supply chain capabilities.
New Delhi [India], August 21: Frankfinn Institute of Air Hostess Training, widely recognised as the World's No. 1 Air Hostess Training Institute, has once again made history by receiving three Training Partner Awards at the Tourism and Hospitality Skill Council's THSC Connect 2026 conference, themed The Power of Partnerships, held today at the India Habitat Centre in New Delhi.
The company is promoting consumer adoption of newer construction techniques that are more expensive but can offer greater cost savings over the years.
AI, jobs and leadership: How businesses can prepare for the next decade | ET WLF 2026
AI, jobs and leadership: How businesses can prepare for the next decade | ET WLF 2026
Jefferies retains Buy on Crompton Greaves; sees up to 29% upside
Jefferies retained its Buy rating on Crompton Greaves Consumer Electricals with a Rs 330 target, implying nearly 29% upside. The brokerage expects the companys premiumisation strategy, market share gains, new product categories and margin expansion to drive a 12% revenue CAGR and 18% EPS CAGR through FY29.
IndiGos ticket booking system faces issues briefly
Teams are working on priority along with the partner to resolve the issue as quickly as possible, IndiGo said and regretted the inconvenience
Tata Steel, Adani Ports among top 10 stocks downgraded by Motilal Oswal after Q1 results
2 Mold-Tek Group companies to consider bonus issues on August 26. Do you own?
Mold-Tek Packaging and Mold-Tek Technologies will consider bonus issues and dividends at their August 26 board meetings. While investors await the announcements, both stocks have delivered strong gains over the longer term, with Mold-Tek Packaging also featuring among Axis Securities top midcap picks with a Buy rating.
Bharat Coking Coal shares jump over 7%. What's behind the sharp surge?
Bharat Coking Coal shares surged over 7% to Rs 37.70 as global coking coal prices soared 18%. The rally follows supply disruptions and strong long-term demand forecasts, offsetting the company's weak Q1 FY27 results where it posted a net loss of Rs 68 crore amid falling production.
AI's Bar Mitzvah moment: Aswath Damodaran explains what AI means for businesses
Aswath Damodaran says AIs investment debate should shift from hype and skepticism toward evaluating it as a business. He argues revolutionary technologies follow four stages: hype, investment, business building and recalibration. AI is entering the business-building phase, with revenues emerging but profitability uncertain. Significant disruption and market corrections remain possible.
PSU banks offer highest alpha potential; IT faces uncertainty: Omniscience Capital
Indias domestic economy remains resilient, with healthy revenue and earnings growth despite geopolitical uncertainties, according to OmniScience Capital. The firm sees potential for 7%+ GDP growth this fiscal year and believes India could sustain a high-growth trajectory even if the West Asia conflict persists.
PVR Inox Ltd spurts 0.57%, up for five straight sessions
PVR Inox Ltd is quoting at Rs 1226.4, up 0.57% on the day as on 12:44 IST on the NSE. The stock is up 8.42% in last one year as compared to a 2.56% slide in NIFTY and a 1.85% slide in the Nifty Media.
India's digital economy growth requires empowering small enterprises, farmers, and workers. Artificial intelligence must reach beyond large corporations to benefit all citizens. Companies are moving past AI experiments towards actual deployment and integration. AI can significantly enhance cybersecurity efforts for users and enterprises. India needs compute capacity and infrastructure for widespread AI adoption.
Tata Consultancy Services has implemented a Digital User Experience Monitoring tool on employee laptops, sparking concerns about data security versus employee tracking. While aimed at preventing data leaks, the lack of transparency raises questions.
MCX shares jump 8% in 3 days as gold, silver futures rise. What lies ahead for investors?
MCX shares rose in three sessions to Rs 3,211, tracking a third straight session of gains in gold and silver prices amid a weaker US dollar and easing concerns over long-term yields. The stock has gained 15% in a month, 45% so far this year and 101% over the past year, while delivering a staggering 932% return in three years and 970% in five years.
Aditya Infotech shares can rally up to 27%? Why Motilal Oswal initiated coverage on the stock
Motilal Oswal sees 27% upside in Aditya Infotech, citing strong surveillance demand, rising market share, STQC norms and improving margins. The brokerage expects robust revenue and profit growth through FY28, supported by higher-value products, backward integration and lower competitive intensity.
IndiGo's website faces technical disruption, users unable to book flights for second time in a week
Indias largest airline, IndiGo, faced another technical disruption on Friday, with passengers reporting difficulties booking flights and encountering a no data available message. It was the second outage affecting the carrier this week.
Nifty above 24,200 level; realty shares in demand
At 12:30 IST, the barometer index, the S&P BSE Sensex gained 48.27 points or 0.06% to 77,585.99. The Nifty 50 index jumped 13.45 points or 0.05% to 24,244.55.
Vedanta Aluminium Metal shares gained more than 2% after the company launched two advanced offerings under its Primary Foundry Alloy range for high-performance automotive applications. The new products, unveiled at AutoEdge 2026, come as the company expands its value-added aluminium portfolio and targets growing demand from the automotive sector.
Canada's Fairfax may get 2 years to consolidate holdings for IDBI Bank deal, sources say
The Canadian investor is likely to be given up to two years to either sell its stake in CSB Bank or merge it with IDBI Bank, sources said
Netweb Tech shares rise 4% as Nomura, Goldman Sachs invest in Rs 1,200 crore QIP
Netweb Technologies India shares rose nearly 3.5% to a fresh 52-week high after the company completed its Rs 1,200 crore qualified institutional placement (QIP). Nomura, Goldman Sachs, ICICI Prudential Mutual Fund and other institutional investors participated in the fundraise, which comes amid strong growth in the company's revenue and profit.
Deepinder Goyal reveals new Temple and you can pre-order it
Deepinder Goyal revealed his experimental Temple wearable is now significantly smaller. This device tracks cerebral blood flow and neurological markers. The company plans to start taking pre-orders for a limited edition soon. Shipments of the Temple wearable are anticipated before the end of 2026. Interested individuals can join the mailing list for future updates.
Hundia Infosolutions targets 20% revenue from newly launched peripherals brand by FY29
The company expects the brand to scale meaningfully from FY27 as the product portfolio widens into a broader performance ecosystem
Walchandnagar Industries shares rise 2% on Rs 30.53 crore order from Vikram Sarabhai Space Centre
Walchandnagar Industries shares rose on Friday after the company secured a Rs 30.53 crore order from Vikram Sarabhai Space Centre for fabricating, testing and supplying HS200 motorcase segments for the Gaganyaan mission. The order, which includes all three segments, is scheduled for completion over four years, according to the companys filing.
Virohan Launches a New Learning Initiative Voices of Service at Padma Health Conclave 2026
New Delhi [India], August 21: Virohan, a leading healthcare education company working at the intersection of academia, industry, and workforce development, hosted the inaugural Padma Health Conclave 2026 on 19th August at the India International Centre, New Delhi. Organised with India House as the Knowledge Partner, the conclave marked the launch of Voices of Service, Virohan's new learning initiative that brings the stories of service, leadership, and social impact of Padma Shri awardees and healthcare changemakers into the curriculum. The initiative reflects Virohan's belief that preparing healthcare professionals requires more than technical competence. It also requires nurturing empathy, leadership, integrity, and a deep commitment to service.
Indian CEOs should stop just asking questions and start building with AI: Anthropic India MD
Indian CEOs must build real AI products and solutions, moving beyond simple chatbot experiments. Companies are accelerating AI adoption and need to identify complex problems for dedicated task forces. Anthropic India is collaborating with major banks and institutions on various AI initiatives. McKinsey estimates AI's economic value at $4.4 trillion, with India investing billions.
Pound dips slightly on downbeat UK retail sales data; GBP/INR futures hold above 130 mark
The British pound edged slightly lower after data showed downbeat UK retail sales. Retail sales fell 0.5% month-over-month in July after rising by 0.7% in June, the latest data published by the Office for National Statistics (ONS) showed. The core retail sales, stripping the auto motor fuel sales, fell by 0.9% MoM in July, compared with the previous increase of 0.9% and the estimated-0.5% figure. The annual retail sales in the UK came in at 1.6% in July versus a rise of 3.8% prior. The GBP/USD pair is trading 0.11% higher on the day at 1.3645, at the time of writing. On the NSE, GBP/INR futures are trading at 130.69, marginally higher on the day but still holding over a three-month high against dollar.
U.S. nuclear industry to make comprehensive submissions to India on SHANTI rules
The SHANTI Act opens the civil nuclear sector in India to private companies and joint ventures, allowing them to build, own and operate nuclear plants, decommission them, and take up nuclear research and development
Meesho expects to create 10 lakh seasonal jobs during festive season
The projected employment generation includes approximately 6.5 lakh jobs across its seller network and about 3.75 lakh roles across its logistics operations
Ladakh 2025 protest case: Cases against 25 withdrawn, Panchayat elections preparation begins
Ladakh will withdraw cases against 25 individuals involved in a protest incident. Preparations for upcoming Panchayat elections in Ladakh are now commencing. A meeting with the Ministry of Home Affairs is scheduled for early September. Land use changes and Nautor land tenancy rights will be regularized soon. Tourism sector will now receive electricity at industrial tariffs.
ET WLF 2026: India can emerge as an AI middle power, says BCG CEO Christoph Schweizer
BJP to chalk out nationwide plan for 'Modi@25' celebrations tommorow
The BJP will meet tomorrow to finalize plans for Modi@25 celebrations. These nationwide events will commemorate Prime Minister Modi's 25 years in public service. The campaign, Seva Sankalp Mahotsav, begins September 7 and lasts fifteen days. It will feature outreach programs and digital exhibitions highlighting his public life. The celebrations focus on service, good governance, development, and public welfare.
SKM Egg Products rises after Care Ratings reaffirms ratings at 'A-/A2+'
SKM Egg Products Export India added 3.10% to Rs 262.80 after the company said that Care Ratings has reaffirmed the company's long-term rating at 'CARE A-' with 'stable' outlook.
ICICI Bank's board OKs $5 billion overseas borrowing limit
ICICI Bank's board approved borrowings by way of issuances of bonds/notes/offshore certificate of deposits in overseas markets for a revised limit of up to $ 5.00 billion.
Shares of Kronox Lab Sciences surged after Indo Borax and Zenrock Chemicals announced plans to acquire a 64.26% stake in the company and launch an open offer for an additional 25.79% stake.
Sun Pharma voluntarily recalls 11 eyedrops from domestic market, experts seek details
Public health experts are calling for greater transparency involving specifics on why the eyedrops were recalled, besides seeking regulatory intervention and advisory for those who may have already used the drops
Bajel Project jumped 4.32% to Rs 188.50 after the company said that its joint venture entity AnantGrid Projects One (AGPOPL) has emerged as the successful bidder for the Lakadia-Part A inter-state transmission project in Gujarat.
Bajel Projects JV wins bid for inter-state transmission project
AnantGrid Projects One (AGPOPL) a company jointly owned by Bajel Projects (26%) and National Investment and Infrastructure Fund (74%) has received a Letter of Intent (LoI) from PFC Consulting (PFCCL) declaring it the successful bidder for Inter State transmission scheme, Common Transmission System for evacuation of power from Lakadia (Phase-II: 7.5GW), Jam Khambhaliya (Phase-II: 5.5GW) and Jamnagar (Phase-I: 1GW) - Part-A.
Ceigall India secures Rs 225-cr bulk drug park project
From Himachal Pradesh State Industrial Development Corporation
Sun TV launches Sun NXT Shorts as media giant eyes entry into vertical content
The offering will launch on the Sun NXT OTT platform with around 150 titles in all South Indian languages
Fairfax has two years to sort its IDBI bank puzzle
Subex secures three-year new-logo engagement in Europe
Subex has secured a new-logo engagement with a major European open-access fibre operator, marking a further step in its continued expansion across the region.
Colgate-Palmolive (India) board approves change in MD and CEO
At meeting held on 21 August 2026
Goldman Sachs has initiated coverage on 14 Indian banks with a mix of Buy, Neutral and Sell ratings, focusing on earnings growth, franchise strength, valuations and the normalisation of return on assets (ROA) as key stock drivers. The brokerage sees private banks at an inflection point.
Ebix and NSDL Payments Bank cross one crore registrations Under MSRTC NCMC Programmes.
Over one crore NCMC RuPay smartcards were registered in five months. These cards now serve MSRTC concessional passengers across Maharashtra's villages. The digital passes replace old paper systems, improving verification and reducing misuse. This initiative aligns with Prime Minister Modi's Digital India 'One Nation, One Card' vision. Future plans include retail payments and integration with metro and water transport.
Welspun Corp bags record $1.8 billion pipe supply order for US facility
The order highlights strong demand for pipes used in energy and infrastructure projects, while geopolitical tensions have spurred investment in new pipeline networks
Lumino Industries sets price band for Rs 700 crore IPO; issue opens on August 27
Lumino Industries has fixed the price band for its Rs 700 crore IPO at Rs 78Rs 82 per share, with the issue set to open for subscription on August 27 and close on August 31. The IPO comprises a Rs 500 crore fresh issue and a Rs 200 crore offer for sale, with a substantial portion of the fresh issue proceeds earmarked for debt repayment.
India has already waited far too long: Elon Musk renews support for Starlink launch
Elon Musk, the billionaire founder of SpaceX, on Friday promoted Starlinks satellite internet as a potential solution for bringing connectivity to underserved regions of India, especially rural areas.
JSW Steel aims to eliminate iron ore imports as domestic supply improves
JSW Steel, Indias largest iron ore importer, plans to phase out imports as new domestic mines and logistics infrastructure come online, shielding its costs from global price shocks.
Strikes in the Gulf changing rules behind Indias big-money bets
India Private Equity Investment 2026: Geopolitical risks now shape private equity deal considerations in India. Investors increasingly focus on resilience and supply-chain stability for investments. Capital deployment concentrates on manufacturing and financial services sectors. Export-oriented businesses still attract interest despite US tariff uncertainties. India remains an attractive destination due to its market scale and policy support.
BSE SME ENS Enterprises makes a measured market entrance
ENS Enterprises traded at Rs 96.47 on the BSE, a 4.86% premium to the issue price of Rs 92.
Tube Investments of India acquires additional 2.69% stake in Shanthi Gears
Market trades marginally higher; metal stocks extend gains
At 10:30 IST, the barometer index, the S&P BSE Sensex rose 95.02 points or 0.12% to 77,632.74. The Nifty 50 index added 22.80 points or 0.09% to 24,254.80.
US stocks slip on rising treasury yields, DOW at three week low
The US stocks slipped on Thursday amid a rebound in bond yields.The yield on the 10-year U.S. Treasury note rose by more than 5 basis points to 4.704%, surpassing the level prior to the Treasury Department's announcement of an expanded repurchase program; the 30-year yield also increased by over 5 basis points to 5.248%. Earlier this week, the 30-year yield briefly touched its highest level in nearly two decades.
Jefferies initiates coverage on Anthem Biosciences with a Rs 1,050 target
Jefferies has initiated coverage on Anthem Biosciences with a Buy rating and Rs 1,050 target, implying around 20% upside. The brokerage is bullish on the companys integrated CRDMO model, strong return ratios and growth prospects, forecasting 18% revenue CAGR through FY29. Key triggers include new commercial molecules and biosimilar launches, while customer concentration and high capex remain key risks.
