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Govindas get bigger safety net for Dahi Handi celebrations
Govindas participating in Dahi Handi celebrations now have doubled accidental hospitalisation cover. This increased protection comes with an unchanged premium of seventy-five rupees per person. Over 151,000 Govindas are covered this year, an increase from last year's participation. The policy provides ten lakh rupees for accidental death or permanent total disability. Coverage extends to training sessions and travel after the festival concludes.
Could your credit card pay for a luxury hotel stay? How to maximise reward points
Frequent travelers can leverage credit card reward points for hotel stays, unlocking loyalty benefits and free-night awards. It's crucial to strategically redeem points and compare cash prices with point requirements for maximum value, especially when hotel rates are high.
How to safely replace a damaged credit card
The Reserve Bank of India (RBI) requires card issuers to provide customers with clear mechanisms for reporting lost, stolen or misused cards, along with multiple channels through which cardholders can contact them
Retail sugar price falls 3.85% but remains above 62/kg ahead of festive season; check rates
Retail sugar price has dropped 3.85% to 62.57 per kg in a week, data from the Consumer Affairs Ministry showed. The slight drop follows recent government measures, including allowing imports and tightening of stockholding norms for dealers.
RBI steps up liquidity absorption with 7 trillion, 30-day reverse repo auction
Indias banking system is awash with a record 10.5 trillion rupees of excess cash, according to a Bloomberg Economics index, after the central bank exchanged dollars raised by banks from overseas Indians for rupees.
Mkts regulator presses ahead against Hindenburg, others in Adani case
Sebi has begun hearing representations as it seeks to recover gains from trades allegedly based on prior knowledge of Hindenburg Research's Adani report
Strong jobs report fuels Fed rate hike prospects as Trump escalates rate cut pressure
A stronger US jobs report has raised expectations of a September Fed rate hike, while Donald Trump has stepped up pressure on the central bank to cut interest rates. Markets now await US inflation data, which could determine the Fed's next policy move.
Delivery, ride-hailing and home services Gig internet workers earn 2.5x, at 138 per hour, compared to 54 per hour, earned in other similar formal and informal jobs, according to a Redseer Report.
Food safety compliance is increasingly a priority for packaged food companies in India, prompting CEOs to engage in discussions about labeling and regulations.
Student Term Insurance: When does it make sense and who should consider it?
The key question for students and their families is whether buying term insurance is necessary or whether it makes sense to wait until the student starts earning and takes on financial responsibilities.
Ahead of festive season, what is silver hallmarking? Here's how to spot and read the classifications
Silver hallmarking enables buyers to verify purity or fineness of precious metal jewellery. At present, the process remains voluntary for silver jewellery since 2005 but has been mandatory for gold since June 2021.
Lock in low premiums: Why buying health insurance in your 20s can save you lakhs later
Securing an individual insurance policy around age 25 while in good health unlocks financial and structural perks, including lower starting premiums and the ability to clear required waiting periods before medical issues arise.
SAT to hear Jane Street appeal against SEBI on October 5
The firm argued that NSE and SEBIs surveillance reports had found no evidence of market manipulation by the US-based trading firm
Gland Pharma block deal: Fosun Pharma divests 99 lakh shares worth Rs 2,800 crore
Fosun Pharma sold a 6% stake in Gland Pharma for 2,800 crore via a block deal, reducing its holding to 45.77%. Major buyers included Kotak, Axis, and ICICI Prudential Mutual Funds, while Gland Pharma shares closed higher at 2,932.40.
Lululemons turnaround gets tougher as new CEO inherits a battered brand
Lululemon shares dropped significantly after the company lowered its full-year sales forecast. The sportswear maker's signature leggings business saw a notable sales decline. Competitors like Alo and Vuori are gaining market share in athleisure. New CEO Heidi O'Neill faces challenges in regaining customer relevance and sales growth. The company has financial flexibility for a potential operational realignment and cost adjustments.
Lululemon shares dive on risks of prolonged overhaul under new CEO
Lululemon shares plunged about 20% after the athleisure company cut its full-year forecast for the second time. Investors are weighing a potentially lengthy turnaround under incoming CEO Heidi O'Neill as the company struggles with weaker sales, shrinking margins, promotions and rising competition from brands including Alo Yoga and Skims.
The Maharashtra Real Estate Appellate Tribunal has reinstated the residential status of the Orchid Turf View project, reversing a previous MahaRERA decision to deregister it. A 2% penalty was imposed on promoters for reportedly misrepresenting facts.
NSE IPO bet sends New India Assurance, IFCI to new highs
The rally was driven by anticipation that the long-awaited NSE IPO may soon receive SEBI approval
Skewed fertiliser use continues in India as farmers buy more urea
Farmers purchased 80% of the estimated monthly urea demand in the first three weeks of August, compared with other crop nutrients
Are large-caps attractive after correction? Heres what investors need to know
R. Sivakumar from Axis Mutual Fund indicates large-cap stocks are becoming attractive after a correction, suggesting favorable conditions for investors.
The energy symphony: How Shell India is balancing security, LNG, and renewables | Energonomics EP 37
Whats next for Indias energy sector? Insights from Shell Indias Chair, Mansi Madan Tripathy.
Uttarakhand releases 147.05 crore pension was transferred directly into the bank accounts of 991,914 beneficiaries. In August, pensions of 5,605 new beneficiaries were also sanctioned under various pension schemes.
Brigade Group launches luxury housing project Brigade Barcelona in Neopolis, Hyderabad
With estimated revenue potential of Rs 2,700 cr
Lupin receives USFDA approval for Modafinil Tablets USP
The U.S. FDA has approved Lupin's Modafinil Tablets USP, 100 mg and 200 mg as bioequivalent to the reference listed drug (RLD), Provigil Tablets of Nuvo Pharmaceuticals (Ireland) DAC, and is indicated to improve wakefulness in adult patients with excessive sleepiness associated with narcolepsy, obstructive sleep apnea (OSA) or shift work disorder (SWD).
Moopen family raises stake in Aster DM Quality Care to 24.58% as TPG pares holding
The energy symphony: How Shell India is balancing security, LNG, and renewables | Energonomics EP 23
Whats next for Indias energy sector? Insights from Shell Indias Chair, Mansi Madan Tripathy.
US stocks today: US stocks subdued after jobs report fuels rate-hike bets
US stocks opened largely flat on Friday after stronger-than-expected jobs data boosted expectations that the Federal Reserve could raise interest rates this month. The Dow Jones fell 0.19%, while the S&P 500 and Nasdaq were nearly unchanged at the open as investors assessed fresh labor market signals.
Lemon Tree Hotels adds two properties in Bodhgaya, Bihar
Lemon Tree Hotel, Bodhgaya will feature 75 well-appointed rooms, a restaurant, banquet hall, meeting/conference room, swimming pool and a fitness center.
Stanley Lifestyles unveils 72,000 sq.ft. flagship store in Hyderabad
Featuring more than 60 curated room settings, the flagship showcases fully realised living environments that demonstrate how furniture, design, lighting and dor can come together to create cohesive and personalised homes.
Rentomojo files for IPO, sets price band at 384404 per share
The offer will remain open for bidding until September 11, 2026, while anchor investor bidding is scheduled for September 8, 2026
Two Mumbai firms make debut on BSE SME platform
Both IPOs closed on Sept 1, 2026, Paluck Technologies will enter Ready-Mix Concrete and 5G services, while Complete Sports aims to expand its entertainment destinations
HSBC Midcap Fund turns 10,000 monthly SIP into 2 crore since 2004
HSBC Midcap Fund has delivered a 24.13% CAGR over three years, outperforming its benchmark and category averages across time horizons, with a monthly 10,000 SIP since its August 2004 inception growing to over 2 crore.
State-Specific Indices: Taking competitive federalism to the markets
With States competing for investment, regional indices could open a new avenue for investors
Sebi approves 3 IPOs of Cosmic PV, Monomark, RKB Global along with NSE
SEBI has approved IPOs for Cosmic PV Power, Monomark Engineering, and RKB Global, alongside the National Stock Exchange's major public offer. These approvals highlight a significant revival in Indias IPO market during the second half of 2026.
Markets snap four-day losing streak as Fed rate hike fears ease
The Nifty 50 closed at 23,897.70, up 0.10%, and the Sensex finished at 76,515.43, gaining 0.48%
SPML Infra's proprietary 104.4 kWh BESS battery pack clears key global certification tests
SPML Infra has successfully acquired important international safety certifications for its proprietary battery pack, marking a pivotal step toward the commercial rollout of their energy storage systems. The company is setting up manufacturing and integration operations in Pune, Maharashtra, with ambitions to create a comprehensive energy storage platform in India, catering to the growing demand for renewable energy and enhancing grid reliability.
US diesel prices hit a record high, pushing up transportation costs for a long list of goods
Diesel prices soared to unprecedented levels in the United States on Friday, primarily due to the six-month conflict involving Iran. This rise in costs is causing transportation fees for everyday goods and services to climb, with businesses now shifting these costs onto consumers via various surcharges. If diesel prices continue on this trajectory, consumers might face even more significant price hikes ahead.
NSE likely to price IPO around Rs 1,800, list by September 25: Sources
The National Stock Exchange plans to price its initial public offering near Rs 1,800 per share. The company will likely announce its price band on September 15. The IPO is expected to open around September 18 for investors. Listing may occur approximately on September 25, following Sebi approval. This significant public issue follows years of regulatory delays and scrutiny.
The commission has scheduled meetings in September and October this year, in Chennai (Tamil Nadu), Puducherry (Union Territory), Chandigarh (Punjab, Haryana, Himachal Pradesh, UT), Bengaluru (Karnataka) and Mumbai (Central Railways).
Sudeep Pharma among 8 commodities stocks hitting 52-week highs; rallied up to 55% in a month
Eight BSE Commodities Index stocks, led by Sudeep Pharma, hit fresh 52-week highs, with gains ranging from 14% to 53% over the past month.
Sebi, European Markets Authority partner for cooperation on central counterparties
Sebi and the European Securities and Markets Authority (ESMA) signed a memorandum of understanding to enhance cooperation and information exchange regarding central counterparties. This agreement replaces the 2017 pact, facilitating safer cross-border clearing and market infrastructure regulation.
Deepa Jewellers IPO ends with 42.61 times subscription
The offer received bids for 78.91 crore shares as against 1.85 crore shares on offer.
Indian equity markets ended Friday with a relief rally, led by metal and banking stocks, as concerns over an imminent US Fed rate hike eased. Nifty gained 0.1%, while Sensex rose 0.48%. SBI Life and Tata Steel were among the top gainers, while HCL Tech and Bharti Airtel declined.
India bonds slip for third week tracking oil, global debt rout
Indian government bonds have witnessed a third straight week of decline, influenced by escalating oil prices and expectations of global interest rate hikes. Despite some domestic liquidity cushioning the Indian debt market, concerns over inflation and fiscal stability loom large due to rising crude prices. Investors are now keenly awaiting forthcoming inflation data and the outcomes of central bank policy meetings.
Chandigarh consumer court orders holiday club to refund 95,000 with 9% interest
Chandigarh District Consumer Disputes Redressal Commission has ordered Park Club International to refund 95,000 with 9% annual interest, plus 15,000 in compensation
INR registers a weekly gain of over 1%
The Indian rupee settled for the day marginally higher by 2 paise at 94.49 (provisional) against the US dollar on Friday, supported by optimism over rising foreign inflows and a rise in risk appetite. The pair registered a weekly gain of 1.13%. However, rising crude oil prices and escalating US-Iran geopolitical tensions is seen limiting the upside gains. Local shares closed higher on Friday, with benchmark indexes snapping a four-day losing streak, as dovish comments from Federal Reserve Governor Christopher Waller prompted traders to scale back expectations of a Federal Reserve rate increase this month. The 30-share BSE Sensex rose 362.57 points, or 0.48 percent, to 76,515.43 despite concerns over elevated oil prices and caution ahead of the August U.S. nonfarm payrolls report later in the day, which could offer additional clues on the Federal Reserve's policy path. The benchmark index hit as high as 76,883.14 in intra-day trading before paring gains.
Sensex rebounds 362 points, snaps 4-day losses on strong rally in metal, oil shares
The 30-share BSE Sensex climbed 362.57 points, or 0.48%, to settle at 76,515.43, with 20 of its constituents ending higher and 10 with losses. The barometer surged as much as 730.28 points, or 0.95%, during the day to hit an intraday high of 76,883.14
India debt investors call for higher short-term borrowing to absorb excess cash: Report
Market analysis indicates that there is a strong call for the government to boost the supply of short-duration bonds. Lenders, benefiting from excess rupee liquidity, are actively seeking viable investment options. In light of a pronounced increase in banking system liquidity surplus, the government is currently reviewing its fiscal second-half borrowing schedule, which is to be revealed later this month.
A weak start does not necessarily mean an SIP will deliver poor long-term returns. A 20-year analysis by ShareMarket by PhonePe shows that most five-year SIPs recovered from weak or negative returns in the first two years, with nearly 69% eventually delivering double-digit annualised returns. The data also highlights how extending the investment horizon to seven or 10 years can significantly reduce loss risk and improve return consistency, underscoring the importance of patience and compounding in equity SIPs.
Sebi, ESMA sign MoU to deepen regulatory cooperation on clearing houses
The pact establishes a framework for cooperation and information exchange relating to central counterparties regulated and supervised by the Indian markets regulator
Amid the row among employees over pending dearness allowance payments and hike to match the Centre's DA percentage. Punjab finance minister Cheema has said the state government is prepared to ensure salary parity with central government workers.
Mega NSE IPO coming as Sebi approves Rs 30,000 crore public offer
NSEs long-awaited IPO has moved closer after Sebi approved its draft offer plan for a proposed Rs 30,000-crore issue. The IPO will be entirely an offer for sale, allowing existing shareholders to dilute their stakes. The listing would mark the end of a process first initiated in 2016 and stalled over regulatory concerns.
NSE gets Sebi approval to proceed with long-awaited IPO
NSE gets Sebi approval to proceed with long-awaited IPO
Japan stocks rebound as tech shares lead gains
At the same time, investors are watching the Bank of Japan for a possible rate increase at its September meeting as it looks to manage inflation. Sharp moves in the yen also remained a key focus after the currency gained as much as 3% over two sessions.
China stocks end lower as investors stay cautious
Investors are watching upcoming trade and inflation figures for clues about the strength of Chinas economic recovery. Recent PMI data showed some improvement in business activity, but concerns about weak domestic demand and the overall growth outlook remain.
Sensex, Nifty rebound as easing US yields, Asian gains boost sentiment
The key equity benchmarks ended with modest gains on Friday, snapping a four-session losing streak. The rebound was supported by positive Asian cues and easing US Treasury yields, as expectations of an imminent Federal Reserve rate hike moderated. The Nifty settled near the 23,900 level, while the Sensex also closed above 76,500 mark. Gains were led by metal and private banking stocks.
Quick Wrap: Nifty Metal Index gains 1.07%
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Rupee rises 2 paise to close at 94.49 against U.S. dollar
At the interbank foreign exchange market, the rupee opened at 94.53 and touched an intra-day high of 94.46 and a low of 94.53 during the session.
Rays of Belief IPO ends with 107.71 times subscription
The offer received bids for 33.79 crore shares as against 31.37 lakh shares on offer.
Mutual fund NFOs: 12 new funds are open for subscription now. Check details
UTI BSE India Sector Leaders ETF, Zerodha Life Cycle Fund 2031, Monarch Overnight Fund, Motilal Oswal Quality Fund, Navi Nifty REITs & Realty Index Fund, NFO, mutual funds, mutual fund news
German bond yields are rising for the fourth consecutive week as investors anticipate the European Central Bank will maintain restrictive monetary policy to combat inflation. Simultaneously, oil prices are climbing amid US-Iran tensions, heightening concerns over persistent inflation.
Sensex, Nifty, Share Prices Highlights: Indian shares rose on Friday after declining for four straight sessions but logged weekly losses as high crude prices and bond yields earlier in the week outweighed robust domestic growth and tax-collection data.
The FCNR(B) schemes $127 billion inflows should boost banking sector earnings by Rs 10,00011,000 crore annually, despite potential near-term margin pressure. Analysts highlight significant benefits for small private banks and NBFCs, while providing the RBI with increased foreign exchange reserves.
Ola Electric shares gain 4% as EV maker rolls out first dealer-led stores
Ola Electric shares rose nearly 4% after the EV maker launched its first dealer-led stores across seven states. The move comes a month after opening its sales and service network to partners. Ola Electric plans to expand to more than 500 dealerships over the next couple of quarters to strengthen its retail presence.
Planning 10 lakh investment for a 5-year-old daughter? Experts recommend a diversified mix of equity mutual funds, Sukanya Samriddhi Yojana, and term insurance to build long-term wealth for her education and future.
Can Big Techs $1-trillion AI bet pay off? Jefferies explains why it remains bullish
Jefferies remains bullish on Big Techs $1-trillion AI investment despite near-term financial pressure. Rising customer backlogs, strong cloud revenue, and improving infrastructure economics support this outlook, though power shortages and regulatory delays remain potential risks for enterprise adoption.
IPO rush shifts into high gear as record six issues line up for one day
Rentomojo, Asset Reconstruction Company (India), and Manipal Payment & Identity Solutions are among six IPOs opening for subscription on September 9
The 8th Pay Commission completes 10 months on Friday, with Chennai, Chandigarh and Bengaluru visits scheduled next. A look at the key dates, fitment factor debates and what lies ahead for central government employees and retirees awaiting revised pay and pension structures.
ITAT Mumbai ruled against a 9.6-lakh tax addition based on an incorrect ITR entry without evidence of EPF withdrawal. Details of the case here.
Greater Noida board on Thursday approved the construction of a double-decker flyover aimed at easing traffic between Ek Murti Chowk and the Delhi-Meerut Expressway through the narrow, heavily encroached Shahberi stretch. The board also approved some other proposals
EUR/USD sees limited gains but holds above 1.1600 mark
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Balaji Telefilms, YouTube ink deal for 5 original shows on digital platform
Shows to be distributed globally on YouTube, with Balaji retaining intellectual property rights while YouTube provides distribution and monetisation through advertising and brand deals
Bitcoin climbs nearly 4% to $81,000 as ETF inflows, strategy buying support rally
Bitcoin climbed above $81,000, supported by U.S. spot ETF inflows and renewed buying by Strategy, while Ethereum and major altcoins also advanced. Experts remained broadly bullish but flagged stretched momentum, with Bitcoins daily and hourly RSI in overbought territory and key resistance around $81,000-$81,500 and $83,300.
ACME Solar rallies 7%, hits new high; stock up 120% from CY2026 low
Looking ahead, ACME Solar said it is steadily executing its long-term growth plan to scale up to 10 GW of generation capacity alongside 25 GWh of battery storage capacity by 2030.
Gold price falls 431 to 1.55 lakh/10g in futures trade; snaps two-day rise
On MCX, the yellow metal futures for October delivery declined 431, or 0.28% to 1,55,344 per 10 grams.
Sensex, Nifty trade in positive terrain; metal shares shine
Metal shares gained for second consecutive trading sessions.
Ultratech Cement gains as Ultravolt marks entry into wires, cables
Ultratech Cement advanced 1.54% to Rs 11,396.20 after the company has launch the wires and cables business, Ultravolt, marking the Aditya Birla Group company's fourth new business foray in three years.
Sterlite Technologies gains momentum with Rs 3,000-crore expansion roadmap
Sterlite Technologies hit the upper circuit of 5% to Rs 750.15 after the company announced a major capacity expansion at its existing manufacturing facility.
Volumes jump at HBL Engineering Ltd counter
HBL Engineering Ltd saw volume of 127.24 lakh shares by 14:14 IST on NSE, a 20.33 fold spurt over two-week average daily volume of 6.26 lakh shares
RVNL rises after bagging Rs 405-cr project from East Coast Railway
Rail Vikas Nigam (RVNL) rose 1.26% after the company secured a Rs 405 crore project from East Coast Railway for execution of roadbed, bridges and allied works.
SEBI goes after Hindenburg, others in Adani case
All parties are based overseas but SEBI believes it has jurisdiction since the trades were in India, say sources
Retail investors raise stakes in 10 stocks for two straight quarters; shares rally up to 80% in CY26
Retail investors increased their holdings in 98 BSE 500 companies for the second consecutive quarter through June 2026, signalling continued confidence among individual investors. Despite muted overall market performance, 10 BSE 500 stocks stood out with CY26 gains ranging from 21% to 80%, led by RR Kabel, Sai Life Sciences and Emmvee Photovoltaic Power.
Global Market: European shares edge lower as investors await US jobs data
European shares edged lower on Friday as investors stayed cautious ahead of key U.S. jobs data, while Volkswagen shares jumped 6% after the automaker unveiled a restructuring plan involving 50,000 job cuts. Rising oil prices amid Middle East tensions added to inflation concerns, while banking and chemical stocks weighed on the broader market.
RIL shares rise 2% as strong O2C growth lifts Q2 earnings outlook
Today's buying in RIL came after Nuvama reiterated its 'Buy' rating on the stock, with a target price of 1,766. The target implies an upside of nearly 36 per cent from the previous close of 1,301.05
Crisil Ratings reaffirms ratings of Rashi Peripherals at 'AA-/A1+'
Rashi Peripherals (RPL) said that Crisil Ratings has reaffirmed its ratings on the bank facilities of the company at 'Crisil AA-/Stable/Crisil A1+'.
Digital-only banks are booming and India could be next
From Nubank to Monzo, digital banks have gone from niche apps to full-blown banking relationships for hundreds of millions of people. The ingredients for Indias own version may already be in place.
Buying a house to save capital gains tax on shares, MFs? Renovation costs may qualify too
Mumbai ITAT has allowed 1.52 crore spent on renovating a house to qualify for capital gains exemption, widening the scope of costs that can be counted when reinvesting asset-sale proceeds.
SKM enters technical collaboration with iPOOL s.r.l., Italy
SK Minerals & Additives has entered into a Technical and Commercial Cooperation & Collaboration Agreement with iPOOL, S.r.l. (IPOOL) aimed at fostering technical cooperation & collaboration, joint research and development, commercial collaboration in the field of flame-retardant additives and compounds.
