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Exxon Links New $80 Billion Kazakh Oil Venture to Feud End
ExxonMobil Holdings Corp. has told Kazakhstan that a potential $80 billion joint investment to expand the Kashagan oil field is contingent on resolving a long-running $150 billion dispute between the government and international companies, according to people familiar with the matter.
Govt taps inputs from public sector banks to lure foreign capital
Government will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap. The meeting will also focus on deposit mobilization and supporting small businesses. Fresh foreign capital inflows will boost reserves and domestic manufacturing. Durable foreign direct investment is preferred over short-term deposits.
Purchase of bad loans by ARCs rises 56% in Q1
Asset reconstruction companies bought twenty-six thousand three hundred four crore rupees of bad loans. This acquisition saw a fifty-six percent increase from the previous year's figures. The overall non-performing asset ratio in the banking system continued its downward trend. Banks have been resolving legacy stressed assets for several years now. Transactions are increasingly being settled in cash and through security receipts.
J&K police attaches Rs 70 lakh property, searches 26 sites
Jammu and Kashmir police attached property valued at seventy lakh rupees. Searches were conducted at twenty-six locations in Baramulla district. This action is connected to a UAPA case registered in two thousand eight. An arrest warrant was also obtained for another accused individual. The Jamaat-e-Islami outfit was banned by the central government.
Basant Kumar Meghwal secured silver in the men's high jump event. Shahnavaz Khan earned a bronze medal in the men's long jump competition. These medals brought India's total to three at the championships. Ashish Yadav had previously won silver in the javelin throw. This performance matches India's best-ever medal tally at the event.
Bengal Governor calls upon universities to observe Partition Horrors Remembrance Day
West Bengal Governor R.N. Ravi has asked all universities to observe August 14. This day will remember the horrors of Partition and its impact. The observance aims to educate the younger generation about this historical event. Bengal experienced immense suffering and disruption during the Partition. The state government is also distributing national flags for Independence Day.
School Holiday Tomorrow, August 10: Heavy rain forecast, check school closure updates
School holiday, August 10: In anticipation of heavy rainfall across multiple regions in India on August 10, 2026, district administrations are preparing to assess local conditions for possible school closures. It's important to note that Telangana's schools will be shut for the Bonalu festival, which is unrelated to the ongoing rain warnings. Additionally, states such as Rajasthan and Chhattisgarh are on alert for similar weather developments.
Global banks are pulling back credit cards once prized by rich Indians
Several offshore banks are becoming reluctant to issue or renew international credit cards for wealthy resident Indians due to Indias 180-day rule on deploying overseas funds. The requirement is also creating difficulties for minors holding foreign accounts under the Liberalised Remittance Scheme.
Psychology says people often remember the ending of an experience more than the middle
Psychology says people often remember the ending of an experience more strongly than the ordinary moments in the middle because memory does not treat every moment equally.
Scott Eastwood recounted a story about his father, Clint Eastwood, and Kevin Costner. This legendary tale emerged during the filming of the 1993 movie A Perfect World. Clint Eastwood directed the film which starred Kevin Costner in a leading role. Scott shared his father's advice on how to learn filmmaking effectively. He emphasized staying present and actively participating in the movie's creation.
iPhone 17 gets Rs 32,585 effective price with exchange offer
The iPhone 17 is listed at Rs 81,900 on Flipkart, with an exchange offer potentially bringing the effective price to Rs 32,585.
We have worked on being in aggressive positions: Indian skipper Harmanpreet ahead of FIH Hockey WC
Indian skipper Harmanpreet Singh highlighted team's extensive preparation for the upcoming World Cup. The team has focused heavily on improving their defensive strategies and attacking plays. Communication and penalty corner execution were key areas of development during training. Younger players have shown good performance, boosting team confidence for the tournament. India aims to secure a medal after recent successes in other championships.
Assam flood toll reaches 100 with two more deaths; nearly 1.4 lakh people affected
Assam's flood situation remains critical as two more deaths occurred Sunday. Over 1.37 lakh people are currently affected across seven districts in the state. Golaghat district is the worst hit, with nearly 70,000 residents impacted by the deluge. Authorities are operating 125 relief camps for nearly 50,000 displaced individuals. Floodwaters have inundated 456 villages and damaged significant cropland and infrastructure.
Mahindra Group appoints Shveta Arya as Group Chief Strategy Officer
Mahindra Group announced Shveta Arya's appointment as Group Chief Strategy Officer. She will lead the Group Strategy Office, identifying growth opportunities. Arya joins from Cummins India, bringing over twenty-three years of experience. She will report to Mahindra Group CEO and Managing Director Anish Shah. Her role involves driving long-term strategic advantage across the company's businesses.
Good Flippin Burgers bets on metro density, store economics before wider expansion
Good Flippin Burgers is currently trending at an annualised revenue run rate (ARR) of about 250 crore for the current financial year, according to Viren DSilva
Quote of the Day: Milton Berle's words remain relevant because they challenge one of life's most frustrating habits: waiting for permission. Patience can be valuable, and some opportunities truly depend on the right timing. But there are also moments when waiting too long simply keeps us stuck. Sometimes, moving forward means creating the opportunity ourselves instead of waiting for someone else to open the door.
Britannia sees uneven recovery in international business as supply-chain pressures ease
Despite external pressures, Britannia reported a consolidated net profit of 593 crore in the first quarter of FY27
Brilliant coordination between CoE and team management: VVS Laxman
VVS Laxman confirmed excellent coordination between the Centre of Excellence and selection committees. Selectors regularly receive player fitness reports from the CoE for informed decisions. Injuries are an inevitable part of a cricketer's career, requiring careful management. The BCCI faces challenges filling the vacant Head of Sports Science and Medicine role. The CoE aims to help cricketers achieve excellence beyond just rehabilitation.
Prime Minister Narendra Modi has called on all citizens to actively engage in the Har Ghar Tiranga movement, aligning with the 150th anniversary of Vande Mataram. The Ministry of Culture has appealed for patriotic acts such as flag hoisting and submitting selfies to celebrate the occasion. Events like rallies and concerts will be held to honor the Tricolour, aiming to strengthen national pride and deepen the bond with the flag.
In a recent ruling, Rera instructed Pareena Infrastructure to compensate two homebuyers with Rs 23 lakh for the extended delays in delivering their flats. The builder is given a thirty-day window to complete this payment or incur interest penalties. The homeowners had requested compensation for both mental anguish and financial troubles linked to the delays, resulting in an award that included property appreciation, harassment, and legal fees.
Tom Holland and Zendaya reportedly share a London home after extensive renovations. Zendaya also owns several properties across the United States. Their engagement was confirmed in January 2025, and the wedding has already occurred. The London residence is considered their primary shared living space. Zendaya's US portfolio offers options for their Hollywood commitments.
India, emerging markets power business of pharma majors amid US slowdown
An analysis of Q1 results show Sun Pharma and Aurobindo Pharma delivering strong growth, while Dr Reddys earnings were hit by lower lenalidomide sales and a semaglutide-related provision
Market Trading Guide: Jindal Saw among 2 stock recommendations for Monday
Domestic earnings have largely met or beaten expectations, supporting sector-specific optimism.
QSR chains say June quarter saw uptick in footfalls, same store sales growth
After a surge in demand post-pandemic, QSR chains have faced challenges in the last 2-3 years due to subdued same-store sales growth from various macroeconomic factors
Ahead of Market: 10 things that will decide D-Street action on Monday
Indian benchmark indices closed lower on Friday as closing auction sessions caused divergence between Sensex and Nifty. While Sensex fell 456 points, Nifty dropped 65 points. Market sentiment remained cautious amid Middle East tensions and crude oil volatility, though strong SBI earnings provided underlying banking sector support.
PNB to roll out its wealth management product by Dec aimed at boosting non-interest income
Punjab National Bank plans to launch wealth management services by December. The bank is also aggressively scaling its credit card business operations. This expansion aims to significantly enhance the bank's non-interest income streams. PNB anticipates its profit will surpass twenty thousand crore rupees this financial year.
FMCG firms signal price hikes in Q2 as input cost pressures persist; demand remains resilient
Higher sugar, palm oil and crude-linked costs are prompting FMCG majors like Britannia, HUL, Dabur and others to protect margins
9 Nifty 500 stocks with up to 50% upside potential: Do you own any?
Consensus analyst estimates from Trendlyne highlight nine Nifty 500 stocks offering up to 50% upside potential over the next 12 months. Prominent picks covered by multiple analysts include Inox Wind, Aditya Birla Fashion, Lemon Tree Hotels, HDFC Bank, NCC, and HDFC Life, supported by Strong Buy and Buy ratings.
Titan sees positive momentum in July; on track to beat FY30 growth targets: MD
Titan Company reported strong revenue growth for the June quarter. The company is on track to meet its improvement targets this fiscal year. Jewellery business showed healthy double-digit value growth, essential for FY30 goals. Studded jewellery demand has seen a resurgence since last year. Titan expects continued growth across all business segments.
GMPs indicate 15 IPOs opening or listing this week could offer investors up to 37% returns
The IPO market is set for a busy week, with 15 mainboard and SME issues either opening or set to list.
Oil India chief Ranjit Rath among applicants for top job at ONGC
Oil India CMD Ranjit Rath is a leading contender for the ONGC chairman position. Eligibility criteria, including age limits, were relaxed for the top job. Several internal and external candidates have applied for the vacant ONGC chairman role. The selection process involves a search-cum-selection committee appointed by the oil ministry.
14 penny stocks plunge up to 85% in 6 months. Are you holding any?
While penny stocks often attract investors with their low entry prices and potential for quick gains, they carry substantial risks. Low liquidity, high volatility and limited transparency can make them vulnerable to manipulation and sudden price drops.
Urges government, including the State governments, to proceed faster reforms and increase efforts to make doing business easier
Jindal Stainless to identify site for 40,000-cr Maharashtra project in next two quarters
The proposed stainless steel facility will have a capacity of 4 million tonnes per annum, constructed in phases, with the first phase to be operational in 4 years
Activated charcoal in fridge: How to remove bad smell from refrigerator with this simple hack
Activated charcoal in fridge: A strange smell coming from the refrigerator can be surprisingly stubborn and difficult to remove. Activated charcoal offers a simple hack to help absorb unpleasant odours. Its porous structure can trap odour-causing compounds, unlike air fresheners, which mainly mask smells. However, thoroughly cleaning the refrigerator and removing the source of the odour is essential before trying this hack.
Rs 7,681 crore IPO rush next week: Shiprocket, Milky Mist among 9 issues to hit the market
Indias primary market is set for a busy week, with nine companies aiming to raise a combined Rs 7,681 crore through IPOs across the mainboard and SME segments. Key issues include Dhoot Transmission, Shiprocket, Milky Mist Dairy Food and Molbio Diagnostics. The IPOs will open between August 10 and 12, while eight companies that launched last week are set to list.
Premiumisation lifts liquor companies' June quarter topline amid cost headwinds
Premiumisation is the key growth driver for India's alcoholic beverages industry. Major spirit makers expanded revenue and protected margins in the first quarter. United Spirits and Radico Khaitan reported high double-digit growth in their premium segments. United Breweries also saw an increase in its premium volume. This trend reflects rising disposable incomes and evolving consumer preferences.
Goldman Sachs expects the Nifty 50 to rebound to 26,500 by June 2027, above its current record high, as Indias macro backdrop improves. Lower commodity prices, a stable currency, resilient domestic growth and better earnings prospects are supporting its bullish view. The brokerage expects a shift towards value stocks, with large caps and banks benefiting as foreign outflows reverse.
Loan book to cross 2 lakh crore milestone in FY27: HUDCO CMD
The company has raised 20,000 crore in Q1 and plans to mobilise the remaining 55,000 crore in the next three quarters of FY27, said HUDCO CMD Sanjay Kulshrestha
BRICS trade ministers to study invoice discounting mechanism for MSME financing
The BRICS trade ministers have decided to study the setting up an 'Invoice Discounting Mechanism' for member countries, considering the MSME finance gap
Loan book to cross Rs 2 lakh crore milestone in FY27: HUDCO CMD
Housing and Urban Development Corporation Ltd expects its loan book to exceed two lakh crore rupees. The company plans to borrow seventy-five thousand crore rupees from domestic and overseas markets. HUDCO has already raised twenty thousand crore rupees in the first quarter of this fiscal.
Dividend alert: Jio Financial, Power Grid, HPCL among 90 stocks turning ex-dividend this week
Nearly 90 companies, including Jio Financial Services, Power Grid Corporation, HPCL, and Hindustan Aeronautics, will turn ex-dividend between August 10 and August 14. Investors holding these shares in their demat accounts on the respective record dates will be eligible to receive the announced corporate dividend payouts.
Wakefit eyes furniture as top business in three years with jumbo stores
Wakefit is investing roughly 100 crore in each jumbo store while strengthening its manufacturing, supply chain and installation capabilities to support the format, says co-founder and CEO Ankit Garg.
Hyundai Motor India expects exports volume to recover from Q2: MD & CEO Tarun Garg
Hyundai Motor India anticipates a strong export recovery starting from the second quarter. This optimism stems from continued robust demand and a healthy order backlog. The company experienced a decline in first-quarter exports due to regional conflicts and supplier issues. New model shipments, including the Exter and Verna, will bolster export volumes.
Mcap of four of top-10 most valued firms jumps Rs 1.43 lakh cr; State Bank biggest winner
In a notable surge, four leading Indian corporations experienced an impressive rise in market valuations, totaling Rs 1.43 lakh crore. The State Bank of India led the charge, boosting its valuation by Rs 63,922 crore. Other notable gainers included Reliance Industries, TCS, and Larsen
Foreign investors continue buying spree; pour Rs 12,921 cr in first week of Aug
In early August, Foreign Portfolio Investors poured Rs 12,921 crore into Indian equities, building on their notable investments from July. This surge indicates improved investor sentiment and favorable macroeconomic conditions. Furthermore, foreign investors have displayed interest in India's debt market, resulting in additional inflows. However, it
Are you a workplace microsnob? Take this quiz to find out
Subtle workplace judgments, termed microsnobbery, stem from everyday choices. These judgments often involve food, clothing, and cultural consumption habits. Such behavior can make colleagues feel excluded and hinder team collaboration. Recognizing these habits allows for their conscious elimination and improvement. Openness and respect foster a more inclusive and productive work environment.
China producer inflation slows to three-month low, consumer prices cool
China's producer price inflation eased more than expected in July. Consumer inflation also cooled, reflecting weaker domestic demand in the economy. This slowdown is consistent with other economic activity data released recently. Chinese leaders pledged to accelerate fiscal spending on infrastructure projects. This policy response aims to bolster economic growth through year-end.
Kamika Ekadashi Vrat Katha: Today marks Kamika Ekadashi, a significant day dedicated to the worship of Lord Vishnu. Devotees partake in this important fast with the intention to clear negativity from their lives while inviting wealth and prosperity. The vrat katha narrates the story of a man who, after killing a Brahmin, was encouraged to observe Kamika Ekadashi and seek forgiveness through the devotion of Lord Vishnu.
Fire extinguished at Aramco facility in Jazan, Saudi Arabia says
Firefighters extinguished a blaze at Saudi Aramco's Jazan refinery on Sunday. The facility had previously been shut down following a Houthi militant attack. This incident raises concerns about potential disruptions to oil infrastructure. Recent attacks have caused some production interruptions for the company. Operations are expected to be restored quickly, with no material impact.
See you, CIO: Why Indias family offices are struggling to hire and retain investment chiefs
Indian family offices are transitioning from wealth protection to professional investment management. Finding and keeping skilled Chief Investment Officers presents significant challenges for these evolving entities. Many families struggle to grant the necessary authority and compensation to their investment leaders. Cultural differences and unclear mandates often lead to high executive turnover. This dynamic shift shapes the future of wealth management in India.
L&T Innovation Fund to step up deeptech bets in India
L&T Innovation Fund's interest in Indian deeptech comes as investor appetite for Indian deeptech has strengthened amid government efforts to promote indigenous technologies
UPI MDR may return, but only some merchants will have to pay, Finance Ministry clarifies
The finance ministry said any future MDR on UPI will be nominal and limited to merchant transactions above a specified threshold, while consumers and most merchants will face no charges. The move aims to support UPIs long-term sustainability, security and infrastructure.
Puerto Rico Watchdog May Halt Power Deal Over Irregularities
Puerto Ricos federally appointed financial regulator said it may revoke a 400-megawatt emergency power contract valued at as much as $5.9 billion over 10 years after a purported bidder said its companys name and signature were used without authorization.
Hurricane warning alert: If the project succeeds, the data collected by sharks could help improve forecasts of how strong hurricanes will be as they approach the U.S. coast.
The larger lesson may be that environmental health risks are not always the loudest or most visible ones. Modern life has filled homes, offices, hospitals, transportation systems, and cities with mechanical sounds that previous generations encountered far less frequently. As scientists learn more about how the body responds to its surroundings, familiar background conditions may deserve a closer look.
PhonePe, Razorpay back selective UPI charges for large merchants
PhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a sustainable business model that echoes the position of the Payments Council of India (PCI). The industry association has sought to separate free everyday payments from charges on select merchant transactions to ensure commercial viability of the service.
Eveready Industries Q1 profit rises over 22% to 37 cr, revenue grows 9%
Eveready Industries' total income in the latest June quarter was at 407.97 crore, up 8.34% year-on-year
FSSAI warned Diageo that its whisky's 'matured in American oak casks' claim was misleading
The FSSAI announced on Sunday (August 2, 2026) it had prohibited sales of Diageos Royal Challenge Whisky made in the State of Madhya Pradesh and some whisky and rum brands made in some Indian States by Diageo and Indias Inbrew
US-Iran war news: The United States is pushing for secure passage for commercial vessels through the Strait of Hormuz. Meanwhile, Iran and Oman are in talks to establish a temporary shipping lane for oil transport. However, the U.S. remains doubtful about Iran's commitments to maritime safety. Both countries aim for an agreement on this crucial waterway, which could pave the way for restoring halted oil exports in the near future.
Justin Trudeau and Katy Perrys high-profile romance has sparked fresh attention after Alabama Senator Katie Britt questioned how the unlikely celebrity couple first met. Britt also joked about seeing the former Canadian prime minister frolicking with Perry, saying, He used to be in charge of a whole country. Katie Britt's question remains one of the biggest mysteries surrounding the couple: How exactly did Justin Trudeau and Katy Perry meet?
Today's Quote of the Day by Joey Tempest: The famous quote by Joey Tempest explores a truth many people learn with time: independence does not mean living alone. The Europe frontmans words about being an island raise a deeper question about freedom, relationships and belonging. You can stand on your own, yet still need connection, purpose and a place that truly feels like home.
Assam CM Himanta Biswa Sarma visits flood affected areas of Darrang district
Assam Chief Minister Himanta Biswa Sarma visited flood-affected Bengabara and Naharbari villages. He assessed the damage and reviewed ongoing repair works on breached river embankments. The Chief Minister interacted with people taking shelter in relief camps and assured them of full support. He promised special measures to rebuild embankments with enhanced strength for better protection. The state's flood toll has reached 98, affecting 1.55 lakh people across 13 districts.
Quote of the day by Mark Twain carries a broader philosophical message. Human beings naturally seek certainty. We like schedules, predictions, routines, and expectations because they make an unpredictable world feel manageable.
IOCL leverages Sprint 2.0 to strengthen brand image, expand retail presence
Last year, Project Sprint helped us save around 2,200 crore; for instance, IOCLs Fuel & Loss stood at 8% in Q1 FY27, compared to 8.5% in Q1 FY26 and FY26, which is a very good margin to save
FSSAI takes action against VKC Nuts, Chheda Specialities Foods over serious food safety violations
The food safety regulator outlined various violations including unhygienic practices of food handlers, roof leakages, extensive fungal growth in edible oil storage tanks, grossly inadequate waste management and unlabelled food containers among others
ONGC to reserve half of oil storage facility in Mangaluru towards strategic reserves: MoS Petroleum
Petroleum MoS Suresh Gopi told parliament that Indias current storage capacity for crude oil and petroleum products can meet 74 days of its net crude import requirements.
Shiprockets new businesses grow 65% as logistics firm eyes 1,618-crore IPO
The companys shift towards businesses such as checkout, advertising, data and omnichannel logistics is central to its strategy to build a broader technology platform for Indias small and medium businesses
UCBs asked to join NUCFDC for tech support, RBI is proactive towards sector: Amit Shah
70% of the UCBs are from Maharashtra, Gujarat, Goa and Karnataka.
Berkshire Hathaways new CEO Greg Abel spends a chunk of the companys massive cashpile
Berkshire Hathaway's new CEO Greg Abel spends a chunk of the company's massive cashpile
Berkshire Hathaway buys back $4.5 billion of its own shares
Berkshire Hathaway Inc. spent about $4.5 billion to buy back its own shares in the second quarter, providing shareholders with the largest quarterly payout since 2021, as operating earnings surged.
NMDC slashes iron ore prices for second month in a row
Fifth price revision in as many months this fiscal. Lump ore price is below the April 5 level of 5,300.
India's record renewable generation in July cuts coal's share in power mix to 1-year low
The rise in Indias clean-energy generation comes as solar and wind output exceeded 100 gigawatts for the first time and accounted for a record 42.8% of Indias electricity supply on July 13, government data showed.
India warned Diageo that its whisky's matured in American oak casks claim was misleading
India's FSSAI warned liquor giant Diageo that it misleadingly claimed one of its top-selling whiskies was matured in American oak casks, when most of the product had not been matured.
Delhivery Q1 Results: Net profit tumbles 65% YoY to Rs 32 crore, but revenue rises 28%
Delhivery reported a 65% year-on-year decline in Q1 FY27 net profit to Rs 31.9 crore, despite a 28% rise in revenue to Rs 2,930.7 crore. EBITDA fell 4% as higher labour, fuel and operating costs weighed on margins. The logistics company expects pricing revisions and revenue growth to offset cost pressures.
RBI proposes leverage buffer for branches of global systemically important banks
Under the draft directions, a branch of a G-SIB operating in India will be required to maintain a minimum leverage ratio of 3.5 per cent, along with the leverage ratio buffer applicable to the parent global bank, including any additional buffer prescribed by its home regulator.
Quote of the day by Arnold Schwarzenegger: Arnold Schwarzeneggers iconic quote emphasizes that failure is not an endpoint, but an essential mechanism for personal transformation and strength. Drawing a direct parallel to resistance training in bodybuilding, where muscles must be strained to structural failure before they can rebuild stronger, Schwarzenegger argues that human character requires similar friction. Without encountering limits, individuals remain unaware of their true capabilities and cannot achieve meaningful self-growth. This timeless insight serves as a masterclass in reframing setbacks into psychological resilience and long-term achievement.
ADNOC confirms one of its vessels targeted by missile while transiting Strait of Hormuz
An ADNOC vessel faced a missile attack while sailing through the Strait of Hormuz. The incident occurred early Saturday morning, August 8, with no reported injuries. The company confirmed the situation has been brought under control by authorities. Official sources are the only recommended places for information. Rumors and unverified details should be avoided by the public.
Jemimah Rodrigues ruled out of The Hundred with hamstring injury; Participation in Asia Cup doubted
Indian batter Jemimah Rodrigues has been ruled out of The Hundred due to a hamstring injury. She was a key performer for Southern Brave, scoring 143 runs in six matches. Her absence is a significant blow as the competition enters its decisive phase. Australian allrounder Charli Knott has been signed as her replacement. This withdrawal also raises concerns for India's upcoming Asia Cup campaign.
Delhi govt's drone policy likely to get nod soon; aims to create over 1000 jobs
Delhi's IT minister announced a new drone policy aiming to create over one thousand jobs. This comprehensive policy will focus on research clusters and flight testing facilities. It also plans to utilise drones for traffic management and surveillance purposes. The government will allocate a separate budget for infrastructure and implementation.
Iran releases video claiming to show captured US Reaper, Israeli Hermes drones
Iran has unveiled footage of what it claims is the wreckage of US and Israeli drones, demonstrating its air defense capabilities. However, these assertions regarding the downed drones remain unverified by independent sources. The drones featured, the US MQ-9 Reaper and Israeli Hermes 900, are both sophisticated surveillance systems, further emphasizing Iran's strategic military posturing amid ongoing regional tensions.
Apollo Micro Systems reported a 43% year-on-year rise in Q1 FY27 net profit to Rs 25.2 crore, while revenue surged 88% to Rs 251.3 crore. EBITDA rose 18% to Rs 48 crore, though margins moderated. The defence company said its best-ever first-quarter performance reflects strong execution and continued sector demand.
Jharkhand govt holds talks with various outfits amid paper leak protests, fails to break deadlock
Jharkhand government held talks with protesting aspirants over alleged exam paper leaks. The government panel met with various factions of students demanding reforms. Protesters decided their stir would continue until all demands are met. Students seek cancellation of the 14th JPSC Civil Services Examination. The agitation entered its fifteenth day with no resolution reached.
Gross GST collections grow 15.4% to more than 2.11 lakh crore in July on higher imports, sales
Tax collection from domestic transactions grew 10.1% to more than 1.44 lakh crore, while gross revenues from imports were up 29% to 66,511 crore
Aditya Birla Fashion and Retail Q1 loss widens to 249 crore
Total expenses of ABFRL, which owns Pantaloons and Style Up brands , along with a host of ethnic brands, were at 2,395.45 crore, up 11.5%
NBFC gold loans continue near 70% growth, reach Rs 3.41 lakh crore in June: RBI
Non-banking financial companies saw gold-backed lending grow nearly seventy percent year-on-year. This strong expansion continued into June 2026, outpacing overall retail loan growth. Housing and vehicle loans also displayed robust credit growth during this period. The Reserve Bank of India strengthened regulations for gold and silver collateral loans. Credit to industry and services sectors experienced a moderation in growth.
Blackstone's AGS Health files updated draft papers for $500 million India IPO
In a significant move, AGS Health, operating under Blackstone, has filed revised draft documents for its upcoming IPO in India, which is projected at 48 billion rupees. This offering features a new share release, as Blackstone aims to divest shares worth 30 billion rupees. Notably, AGS Health, known for its revenue cycle management services for U.S. hospitals, achieved a profit of 2.07 billion rupees last fiscal year.
Eveready Industries Q1 profit rises over 22% to 37 crore, revenue grows 9%
Revenue from operations rose 8.97% to 407.71 crore in Q2 FY27, up from 374.14 crore in the same quarter last year
BEML Q1 loss narrows to 27 crore
Total income rose to 821.19 crore from 642.56 crore last year
