30 C 
CNG price hike: IGL raises rates by 3.89 per kg in Delhi from today
Higher spot LNG prices since the beginning of the West Asia conflict have increased input costs, prompting a calibrated price revision
US stocks today: US stocks end lower as Warsh keeps inflation fight front and centre
US stocks ended lower as Fed Chair Kevin Warsh reaffirmed the central banks focus on bringing inflation to 2%, raising expectations for a possible September rate hike. The Dow, S&P 500 and Nasdaq fell, while Nvidia and other tech stocks weakened. Investors also assessed mixed corporate earnings and economic data.
Bankers question role of RP in the Subhash Chandra case and how net worth was computed
Dissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how his networth fell from more than Rs 40,562 crore when he issued the guarantees to Rs 32 crore in 2025, the crowding out of lenders by related party entities in the committee of creditors (CoC), and the role of resolution professional (RP) Shiv Nandan Sharma in admitting questionable entities as creditors highlights the difficulties in recovery in high-profile cases.
The income tax department said more than seven crore ITRs had been submitted as of 27 August.
Gap shares surge 24% after Old Navy leadership shake-up, profit forecast raised
Gap shares jumped as much as 24.1% after the retailer named Michael Francis as Old Navy CEO and raised its annual profit forecast. The appointment comes as Old Navy struggles with falling comparable sales, while Gap's other brands gain momentum. Investors are betting on a turnaround at the company's biggest brand.
AMFI has re-elected Sundeep Sikka as Chairman and Vishal Kapoor as Vice Chairman. Here's a look at the careers, experience and industry roles of the two executives who will continue to lead Indias mutual fund industry.
RBI to conduct VRRR auction for 6 lakh crore on Aug 31
This auction comes in the backdrop of the banking system being awash with liquidity
Sikka re-elected as AMFI chief
Both executives will continue to guide the strategic growth of Indias mutual fund sector, strengthening market trust and furthering nationwide financial inclusion
Jio Platforms gets SEBI nod for biggest IPO listing of around 37,700 crore
Debt repayment, strong cash flows underpin investor optimism around Jio IPO
Hero MotoCorp buys Rs 1,758 crore Ather Energy stake in block deal
Hero MotoCorp acquired 1.18 crore shares of Ather Energy for Rs 1,758 crore. This purchase significantly deepened Hero MotoCorp's existing holding in the electric two-wheeler maker. The Government of Singapore was the seller in this substantial block deal transaction. Hero MotoCorp's stake in Ather Energy now stands at approximately 32.8 percent. This move strengthens Hero MotoCorp's position in India's growing electric mobility market.
Purple Style Labs collects 306 crore from anchor investors; IPO to open on Aug 31
Purple Style Labs allots 53.22 lakh equity shares to 10 anchor investors at 575 per share
Jackson Hole: Will Kevin Warsh's inflation warning put Nifty under pressure on Monday?
Nifty faces potential pressure on Monday following US Fed Chairman Kevin Warsh's hawkish inflation comments at Jackson Hole. Elevated US bond yields, a stronger dollar, and rising crude oil prices threaten foreign institutional flows, while technical analysts highlight 24,200 as a key resistance level for the Indian stock market.
AEPC urges Commerce Minister to consider measures to regulate cotton yarn export
This is due to the sharp increase in yarn prices and the growing pressure on the competitiveness of Indias apparel export industry
Blackstone to sell up to 25% stake worth Rs 11,988 crore in Knowledge Realty Trust
Blackstone plans to sell up to 25.03% of Knowledge Realty Trust units. This offer for sale aims to meet regulatory public unitholding requirements. The sale includes a base offer and an oversubscription option for additional units. The transaction will occur over two trading days on BSE and NSE. Blackstone and related entities currently hold a significant stake in the trust.
Sebi bars Debock Industries, promoter for seven years in fraud case
Regulator orders disgorgement of 59.30 crore with interest and directs Debock to bring back 49 crore allegedly diverted from its 2023 rights issue
PayPal shares crash 13% on reports Advent-Stripe consortium walks away from bid
PayPal shares fell 13% after Advent International and Stripe reportedly abandoned plans to acquire the payments giant. The consortium had offered $60.50 per share, valuing PayPal at about $53 billion. Valuation concerns and regulatory hurdles reportedly derailed the deal, adding pressure to the company's ongoing turnaround efforts.
Purple Style Labs secured Rs 306 crore from anchor investors before its upcoming IPO. The company will open its initial public offering for subscription on Monday, August 31. This luxury fashion platform operates under Pernia's Pop-Up Shop, offering curated designer products. It sources items from 1,109 active designer brands, focusing on wedding and occasion wear. Purple Style Labs utilizes an omni-channel model with 14 global experience centers.
SEBI bars Trafiksol, promoters from markets for a year
Final order follows investigation into misleading disclosures and a fabricated software quotation in the SME IPO
Lenskart Solutions experienced institutional transactions totaling Rs 1,857 crore on August 28. Numerous domestic and global investors purchased shares at Rs 630 apiece from sellers. The company's shares closed at Rs 636.15 on the NSE, down slightly from the previous day. Lenskart's stock has gained 45.06% year-to-date in 2026. The eyewear company debuted on the stock market in November 2025.
FCNR (B) inflows: Indias forex reserves soar to an all-time high of $729.328billion
Since March-end 2026, Indias reserves perked up by $38.221 billion
US Treasury yields rise after comments from Fed's Kevin Warsh at Jackson Hole
U.S. Treasury yields saw an increase during trading sessions. Federal Reserve Chairman Kevin Warsh indicated further action may be necessary. Policymakers need confidence that inflation is returning to the target.
Big tax relief: How a former BSNL employee won full VRS exemption at Chennai ITAT
Tax experts said the former employee succeeded because the Chennai ITAT accepted that the compensation paid under BSNL VRS-2019 was, in substance, retrenchment compensation rather than ordinary VRS compensation.
Reliance Jio IPO approved: Is it too late to buy RIL shares to be eligible for shareholder quota?
Jio Platforms has received SEBI approval for its upcoming initial public offering. Reliance Industries shareholders may still qualify for a reserved portion of the offering. The final details regarding share reservation and the record date are pending. This IPO marks a major value creation milestone for Reliance shareholders.
Step-up SIP explained: How an extra 1,000 can boost your retirement corpus
A slightly higher starting contribution can produce a considerably larger corpus when combined with the same annual step-up strategy.
US stocks today: US stocks open subdued ahead of Warsh's speech
Wall Street opened mostly flat on Friday as the AI-driven rally lost momentum ahead of Federal Reserve Chair Kevin Warshs Jackson Hole speech. The Dow and S&P 500 edged higher, while the Nasdaq slipped. Investors are watching Warshs comments for clues on US interest rates and the Feds policy outlook.
From old economy to niche players, the IPO market is different, healthier
A broader mix of industrial, niche and institution-backed companies is reshaping Indias IPO landscape
IT stocks power Nifty out of slump; Jackson Hole in focus
The Nifty 50 closed at 24,175, up 84 points or 0.35 per cent, while the Sensex settled at 77,264, gaining 0.43 per cent
How much money do you need to retire? Start with expenses, not a 1 crore target
Retirement corpus plan: There is no one-size-fits-all retirement corpus. Your target should factor in current spending, inflation, retirement age, lifespan, post-retirement income and investment returns. Here's how to calculate how much you may need.
When pay cheques stop: Why every salaried professional needs these 3 financial pillars
The starting point of any solid financial plan is a dedicated emergency reserve.
Lumino Industries IPO subscribed 4.87 times
The offer received bids for 30.76 crore shares as against 6.32 crore shares on offer.
ESDS Software Solution IPO subscribed 2.10 times
The offer received bids for 2.59 crore shares as against 1.23 crore shares on offer.
Priority Jewels IPO subscribed 1.93 times
The offer received bids for 61.76 lakh shares as against 32.02 lakh shares on offer.
Index of industrial production grows at 6.7% in Jul-26, mining sector contracts
Index of Industrial Production (IIP) data showed that the IIP growth rate for the month of July 2026 is 6.7 percent which was 7.3 percent (Quick Estimate) in the month of June 2026. The growth rates of the sectors, Mining & Quarrying, Manufacturing, Electricity & Gas Supply and Water Supply, Sewerage & Waste Management for the month of July 2026 are (-) 0.9 percent, 7.3 percent, 8.7 percent and 7.4 percent respectively. The Quick Estimate of IIP stands at 124.8 against 117.0 in July 2025.
DA formula to change? Bank unions are planning a nationwide strike on 11 September to push demands for five-day work week, performance-linked incentives, and pension reforms. Here's all we know
Small-cap funds see strong inflows: Groww AMC identifies 4 sectors with long-term growth potential
Groww cautions that small-caps remain a highly volatile investment category. Investors should therefore maintain a long-term horizon of at least eight to 10 years to potentially generate sustainable returns and a healthy CAGR.
India's 10-year bond yield scales over 2-month peak ahead of Warsh speech
The Indian bond market experienced notable losses on Friday, with government bond yields climbing to a two-month peak. As investors anticipate key policy hints from Federal Reserve Chair Kevin Warsh during his Jackson Hole address, the hawkish tone in the latest RBI minutes has intensified expectations for future monetary policy adjustments. This escalation in yields has enhanced the attractiveness of Indian bonds compared to U.S.
Foreign assets disclosure: Key FAST-DS rules Income Tax Department wants taxpayers to know
The Income Tax Departments FAST-DS scheme gives eligible taxpayers a limited window to disclose certain foreign assets. Here are the key rules on eligibility, valuation, tax, penalties and the 31 December 2026 filing deadline.
Laurus Labs among 5 stocks hitting 52-week highs; surge up to 20% in a month
Six BSE 200 stocks hit fresh 52-week highs on Friday as the Sensex gained 331 points. Coforge, GSK Pharma, Glenmark Pharma, Laurus Labs, Oracle Financial Services Software and Piramal Finance showed strong momentum, with several posting double-digit monthly gains.
IT Stocks Drive Indian Market Rebound, Sensex Gains 331 Points
Indian benchmark equity indices, Sensex and Nifty, rebounded after a two-day losing streak, driven by strong buying in blue-chip IT stocks and positive global market cues, with the Sensex climbing 330.92 points.
Sensex, Nifty snap two-day losing streak; IT stocks surge, breadth positive
Key equity benchmarks rebounded on Friday, snapping a two-session losing streak, as a sharp rally in IT stocks helped offset weakness in select heavyweight banking and consumer-facing stocks. The rally in IT shares was supported partly by stronger global technology sentiment following upbeat Nvidia results. Pharma and metal stocks also gained, while FMCG and consumer durable stocks declined. Investor sentiment remained cautious ahead of Kevin Warsh's speech later today. Warsh is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for clues on the US central bank's monetary policy outlook. Firm crude oil prices also weighed on sentiment.
Quick Wrap: Nifty IT Index rises 3.51%
Powered by Capital Market - Live News
ITAT rejects tax departments FTS, royalty claims on Spencer Stuarts executive search fees
The income-tax tribunal ruled in favor of Spencer Stuart International BV. Executive search fees were not treated as technical services under the tax treaty. The tribunal deleted a tax addition related to expense reimbursements. A separate dispute concerning management fees was sent back for fresh examination.
Japanese stocks rebound on strong tech sentiment
The Nikkei 225 rose 0.41% to 66,405, while the broader Topix gained 0.72% to 4,147. Japans unemployment rate fell to 2.4% in July, its lowest level in a year, while Tokyos inflation rate picked up to a five-month high in August.
Jio IPO soon! RIL's telecom arm gets Sebi nod for Rs 37,700 crore offering
Jio Platforms has received Sebi approval for its proposed Rs 37,700 crore IPO, bringing Reliance Industries much-awaited listing closer. The issue could value Jio at nearly Rs 9.5 trillion and become Indias largest IPO. The company plans to use Rs 27,500 crore of proceeds to repay borrowings of Reliance Jio Infocomm.
Global Markets: BYD posts first quarterly profit rise in over a year
Chinese automaker BYD has experienced its first profit growth in over a year, primarily fueled by a sharp increase in export sales. This international expansion effectively balanced out the lackluster results seen domestically. In the second quarter, BYD reported a remarkable year-on-year net profit increase of 29.8 percent, although revenue faced a slight decline of 3.2 percent during the same timeframe.
Sebi gives green light to Jio Platforms IPO, six other public offers
Jio Platforms' IPO will comprise a fresh issue of up to 270 million shares with a face value of 10 each, with the price to be set through book-building
Indian equities rebounded on Friday, ending a two-session losing streak as heavyweight IT stocks led gains. Nifty rose 0.35% to 24,175.65, while Sensex gained 0.43% to 77,264.51. Analysts expect consolidation amid mixed global cues and geopolitical uncertainty.
Nifty September futures trade at a premium
India VIX dropped 3.70% to 10.66
Invesco India Pharma and Healthcare Fund NFO is open for subscription. 7 key details to know
Invesco India Mutual Fund has launched its Pharma and Healthcare Fund, open until September 1. The thematic scheme will invest across pharma, hospitals, diagnostics, CDMOs, medical devices and healthcare services, with a minimum investment of Rs 1,000.
Rupee gains this week as dollar supply surges ahead of deposit window's close
Market participants seek greater clarity from Federal Reserve on its stance towards persistent inflation, policy approach to tackling it, and whether it can soothe concerns amid recent bond-market turbulence
Motilal Oswal says several headwinds facing Indian equities are easing, supported by stronger earnings, positive FII flows and domestic demand. It remains Neutral on equities but Overweight on mid- and small-caps, while preferring gold over silver and accrual-focused fixed-income strategies.
Euro holds in tight range, inflation sees sharp uptick in France and Spain
Powered by Capital Market - Live News
Top 5 SIFs deliver upto 14% return in 3 months, QSIF Active Asset Allocation SIF leads
The top five SIF strategies delivered returns of up to 13.39% over the last three months, with long-short and hybrid strategies dominating the list. QSIF Active Asset Allocator Long-Short Fund topped the performers with a 13.39% return, followed by QSIF Equity Ex-Top 100 Long-Short Fund at 12.58%, according to SIF360 data.
Yamaha Enters India's 200cc Sportsbike Segment with YZF-R2
The all-new, globally first YZF-R2 is priced from Rs 2,30,500 (ex-showroom, Delhi).
Board of Asian Tea & Exports approves change in Managing Director
At meeting held on 28 August 2026
Deadline to file income-tax returns for business or professional (including freelancers) income, is fast approaching on 31 August. Here's who must file their returns, checklist for taxpayers and top things to know
Motilal Oswal Private Wealth keeps overweight mid-cap Stance as FIIs return to Indian markets
The report notes that foreign institutional investors turned net buyers of Indian equities in July 2026 for the first time in four months, recording net inflows of USD $2.5 billion
SBI General Insurance Q1 GDPI rises to Rs 3,506 crore; comprehensive income jumps 17%
SBI General Insurance reported 10.9% year-on-year GDPI growth to Rs 3,506 crore in Q1 FY27. Comprehensive income rose 17.4% to Rs 573 crore, while health, engineering and personal accident segments delivered strong growth, alongside a 2.0-times solvency ratio.
RNIT AI Solutions signs Master Development Services Agreement with 1FC Technology
RNIT AI Solutions has entered into a Master Development Services Agreement with 1FC Technology (1FC) for the design, development, integration, testing and deployment of technology solutions forming part of the 1FC digital financial ecosystem, comprising the 1FCode financial and wealth technology solution and the 1FC Insure insurance technology solution.
'Russian Oil Is Backbone Of India's Energy Security'
'In the current environment, India is effectively paying a premium for supply security and diversification.'
Consistent performers: 49 equity mutual funds deliver over 15% CAGR in 3 and 5 years
Around 49 equity mutual funds delivered over 15% CAGR in both the last three and five years, according to an ETMutualFunds analysis. HSBC Midcap Fund topped the three-year return chart, while Motilal Oswal Midcap Fund led over five years. The analysis excluded sectoral and thematic funds and covered regular growth options.
Kabra ExtrusionTechnik set to commence production of high voltage battery packs for 4Ws
Kabra ExtrusionTechnik under its brand name GEON is set to commence production of high voltage Battery Packs for Four-Wheeler Passenger cars at its Pune manufacturing facility in the month of September 2026.
Global Market: German bond yields rise as investors weigh inflation risks and ECB rate path
German bond yields moved higher as investors weighed persistent inflation risks and expectations for the European Central Banks interest-rate path. Short-dated yields remained under pressure, while longer-dated yields also edged up. Investors also watched French and Italian bond spreads and awaited Federal Reserve Chair Kevin Warshs Jackson Hole speech for clues on global monetary policy.
SEBI plans bigger institutional role in public offers by small firms, sources say
SEBI to align costs and trading requirements for small company IPOs with large offerings
World running short of Crude oil refined products says Mirae Asset
US refineries are running near maximum capacity at 97.4 per cent, supported by strong export demand.
Monarch PMS expects gold to hit $4,700 an ounce by year end
The scenario assumes the Fed holds rates until September, energy prices stabilise, real yields plateau, and central banks buy around 250 tonnes quarterly
Retail investors bet big on these 12 smallcap stocks that rallied up to 150%; 3 turned multibaggers
Retail investors increased holdings in 124 smallcap stocks for the fourth straight quarter. Despite subdued sector performance, nine stocks delivered 50%-150% gains alongside steadily rising retail ownership.
Global Market: Sheins Hong Kong debut marks a major shift towards its Chinese roots
Shein is set to debut in Hong Kong, marking a shift toward embracing its Chinese roots after failed US and UK listing efforts. Regulatory approval, strong manufacturing and supply-chain ties, and domestic economic contributions helped secure the listing. The IPO highlights growing geopolitical pressures and Sheins sharply reduced valuation.
The Jeevan Pramaan platform allows pensioners to submit Digital Life Certificates online, but NRIs reportedly face challenges like lack of Aadhaar-linked Indian mobile numbers and difficulties with digital services, prompting many to submit offline.
Annu Projects IPO subscribed 2.23 times on closing day, NIIs lead demand
The NII portion was subscribed 2.55 times, followed by the retail portion at 2.09 times and the QIB quota at 1.64 times.
Bitcoin consolidates near $80,000 after hitting $81,280 as buying momentum stays strong
Bitcoin consolidated near $80,000 on Friday after touching $81,280 as buying momentum remained strong. Analysts said sustained ETF inflows, a softer dollar, improving regulatory sentiment, and institutional demand are supporting the rally. However, Bitcoin faces resistance around $80,800-$83,300, with experts advising caution near key resistance levels.
Sensex, Nifty trade in positive terrain; consumer durables shares climb
Market participants remained focused on the upcoming speech by Kevin Warsh, who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications of the US central banks monetary policy outlook.
Karnataka Bank launches Capital Gains Account Scheme
Karnataka Bank has launched the Capital Gains Account Scheme (CGAS), offering customers a convenient and compliant banking solution to deposit unutilized capital gains while planning eligible reinvestments under the provisions of the Income-tax Act.
Precision Wires India zooms 20%; stock skyrockets 196% in 1 year
In the past month, Precision Wires stock outperformed the market by soaring 38% compared to a 0.5 per cent rise in the BSE Sensex.
Global Market: European shares edge higher as investors await Fed Chair Warshs Jackson Hole speech
European shares edged higher on Friday, led by a recovery in French stocks after their sharp selloff in the previous session. Investors shifted focus to Federal Reserve Chair Kevin Warshs Jackson Hole speech for clues on inflation, interest rates and bond-market volatility, while gains were seen across all STOXX 600 subsectors.
AI Effect: 'Nearly 3 Mn Jobs Are At Risk In India'
In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.
HSBC has initiated coverage on recently listed Manipal Health with a Buy rating and Rs 1,000 target price, implying 26% upside. The brokerage sees strong growth potential from improving hospital utilisation, the Sahyadri turnaround, higher-margin speciality mix and deleveraging, with adjusted PAT expected to nearly triple by FY29.
Fed, BOJ, AI Boom and Elections: What markets are watching next
As traders emerge from their holiday break, global markets brace for fluctuations. The ongoing geopolitical tensions keep energy prices in focus, while decisions from the Fed and BOJ will be scrutinized closely. Additionally, the rise of artificial intelligence valuations and potential fiscal challenges in Europe pose risks, compounded by the political uncertainty surrounding the upcoming US midterm elections.
Ola Electric shares rally over 5%, rebound 79% from March low. Heres whats driving the stock
Ola Electric shares rallied on Friday after the EV maker launched its new S1Z scooter range with indigenous Bharat Cell LFP technology. The stock has rebounded nearly 79% from its March low, while the new models target Indias mass-market EV segment with prices starting at Rs 79,999.
Ola Electric share price surges 6% after new S1Z electric scooter launch
Ola Electric launches the S1Z, bringing its indigenous Bharat Cell LFP technology to affordable electric scooters.
Tempsens Instruments Shares Zoom Over 111% on Blockbuster Debut
Shares of temperature sensing and heating solutions provider Tempsens Instruments (India) Ltd listed with a massive premium of over 111 per cent against its issue price of Rs 300, reaching a market valuation of Rs 4,934.81 crore.
Indian Bank turns to gold loans, treasury gains
Gold holds steady as Fed chief Warsh's Jackson Hole speech looms
Spot gold was steady at $4,603.91 per ounce by 0652 GMT, having reached a three-month high of $4,696.18 on Tuesday after the US Treasury announced support for long-duration bonds
99.97% haircut? How the scissors worked in the Subhash Chandra case
NCLT has approved a resolution plan allowing Zee founder Subhash Chandra to pay about 6.5 crore against 22,006.57 crore in admitted claims in insolvency case. The 99.97% haircut has sparked controversy, but the claims relate to his role as a personal guarantor, not personal borrowing. Creditors can retain recovery rights against the principal borrowing companies.
Just Dial locked in upper circuit; stock spikes 10% in single session
Just Dial shares rose on high volume, trading at about 2.2 times the 30-day average volume. The stock also crossed its 50-day simple moving average, signalling improved near-term price momentum.
Google's Vizag AI Hub: Construction by '28, Full Ops in 5 Years
Google aims to complete the first phase of its 1 gigawatt artificial intelligence (AI) data centre hub in Visakhapatnam by late 2028, with full operations across all phases expected within five years, according to Alexander Smith, Principal of Global Infrastructure and Energy for Asia Pacific at Google.
This stock listed in August trades at 80% premium; up 37% in two days
Madhuri Kela portfolio stock: MV Electrosystems listed on August 6; the stock rallied 37% in the last two days, and skyrocketed 80% against its issue price of 425 per share.
