26 C 
Nikhil Kamaths growing WTF and WTFund profile has ended years of confusion with brother Nithin. Nithin also recalls Zerodhas early press breakthrough, which nearly doubled monthly account openings and revealed an unexpected growth opportunity.
Baroda BNP Paribas Aqua has reopened for fresh investments from 1 September, becoming the only overseas equity fund among 60 to accept new investors. Heres what the reopening means for lump-sum investors and new SIPs, and why 59 other international funds remain closed.
Indian Railways is preparing for a major expansion of Vande Bharat sleeper services, with 260 trainsets planned across BEML, ICF, Kinet Railway Solutions and the Titagarh-BHEL joint venture.
Stocks struggle, but these multi-asset funds score big: Whats driving returns?
Multi-asset allocation funds have outperformed the Nifty over one and three years, helped by strong gold, REIT and InvIT returns. Their diversified portfolios provide flexibility across equities, fixed income, precious metals and alternatives, with Quant, Nippon India, WhiteOak, ABSL and UTI among top three-year performers.
Nifty faces continued bearish pressure after a fourth weekly decline, with 23,750-23,700 as crucial support and 24,150-24,200 resistance. Analysts expect volatility to stay subdued, while Bank Nifty remains range-bound. BSE, Groww and Angel One also await decisive breakouts for direction.
NSC and 5-year Post Office Time Deposit offer Section 80C tax benefits without an investment ceiling. Know their tenure, tax rules and how they compare with PPF, SSY and KVP. Having a clear understanding of investment limits and basic tax-related concepts can help in meaningful investment planning.
Motilal Oswal AMC CEO Prateek Agrawal explains why he is avoiding large banks, IT and FMCG stocks
Motilal Oswal AMC is favouring high-growth themes including defence, renewables, hospitals, digital businesses and capital markets, while limiting exposure to large banks, IT, commodities, FMCG and traditional vehicles. Its concentrated, high-beta strategy targets sustained earnings growth and alpha.
Karamtara Engineering IPO: Check opening dates, GMP, price band and other details
Karamtara Engineering has set its Rs 875 crore IPO price band at Rs 241-254, with subscription opening September 9. The renewable energy and transmission products maker reported strong FY26 growth, while its diversified manufacturing portfolio supports expansion across global markets.
RBI approves LIC to acquire up to 9.99% stake in ICICI Bank
The Reserve Bank of India has approved Life Insurance Corporation's stake acquisition. LIC can now acquire up to 9.99% of ICICI Bank's share capital. This approval is valid for one year from the RBI's letter date. The central bank's approval will stand cancelled if not utilized within this period. This acquisition is subject to compliance with all applicable regulatory provisions.
RVNL bags Rs 903-cr order from SJVN Thermal
Rail Vikas Nigam (RVNL) has received Letter of Award from SJVN Thermal for the construction of a permanent siding along with an aerial track connection for the Buxar Thermal Power Project in Bihar.
GQG sale of Adani Energy shares said to disrupt hedge fund bets
GQG Partners
NSE
How the rise of institutional investors is changing the IPO playbook
India
Refex Green Power wins 80 MW wind power project
Refex Green Power, a wholly-owned subsidiary of Refex Renewables & Infrastructure, has won a tender and received a letter of award dated 04 September 2026, for setting-up of an 80-MW Wind Power Project, through bids invited by SJVN (A Joint Venture of Government of India and Government of Himachal Pradesh).
USFDA completes inspection of Cohance Lifesciences' formulations unit
Cohance Lifesciences announced that the United States Food and Drug Administration (USFDA) inspected the Company's formulation (FDF) plant located at Shamshabad, Telangana, from 27 August to 4 September 2026.
Mumbai ITAT has ruled that genuine F&O and commodity trading profits cannot be treated as bogus accommodation entries without specific evidence. The decision stresses independent verification by tax officers and offers important clarity for retail traders facing reassessment.
SGB 2021-22 Series VI investors can opt for premature redemption on 7 September 2026 at 15,334 per unit. The gold bond was issued at 4,682 for online investors, translating into a 227% price gain, excluding interest.
JSW Steel records crude steel production of 24.65 lakh tonnes in Aug'26
JSW Steel reported consolidated Crude Steel production for the month of August 2026 at 24.65 Lakh tonnes registering 3% YoY growth. The capacity utilisation for Indian operations for the month was at 88%.
Concurrent Gainers: 9 smallcap stocks that gained for 5 days in a row
Ten BSE SmallCap stocks gained across all five sessions through September 4, outperforming a falling Sensex. The strongest performers delivered cumulative gains of up to 57%, highlighting resilience amid broader market weakness.
Niftys 21-day calm before the storm? History warns of a sharp move ahead
Nifty 50
Vikas Khemanis Carnelian Asset Management files draft document with Sebi for its first fund
Carnelian Asset Management has filed documents with Sebi to launch its first liquid mutual fund, targeting short-term investors seeking high liquidity and low-to-moderate risk. The open-ended scheme will invest in debt and money-market instruments maturing within 91 days, expanding Carnelians offerings to retail investors.
Kashyap Javeri suggests India
Nifty and Nifty Bank Prediction for the week 31 Aug'26 to 04 Sep26 by BL GURU
A Delhi-based property owner was denied tax credit after her tenant deducted TDS but didn't pay it to the government. Here's what ITAT Delhi ruled.
Festive stock picks: 10 stocks to buy ahead of the festive season. Do you own any?
Ten stocks across autos, consumer technology, healthcare and financial services could benefit from stronger festive-season discretionary spending, supported by improving demand, product launches, operating leverage, credit growth and rising consumer activity.
Explained: Looking to start a mutual fund SIP? Know the different types and which one suits you
SIPs offer disciplined mutual fund investing, with options tailored to different goals, income patterns and market conditions. Regular, top-up, goal-based, step-up, flex, perpetual, trigger and multi-SIPs provide varying levels of flexibility, automation and diversification. Choosing the right type depends on financial goals, cash flow, risk appetite, investment horizon and market knowledge.
Parag Parikh Flexi Cap, HDFC Flexi Cap among 8 flexicap funds with consistent performance in 5 years
Eight flexicap funds delivered consistent five-year performance, with varying risk levels, investment styles and returns. HDFC Flexi Cap led consistency at 91%, while several peers combined strong returns with acceptable or higher risk profiles.
Brigade Enterprises launches Rs 2,700-cr residential project in Neopolis
Brigade Enterprises has announced its strategic expansion in Hyderabad with the launch of Brigade Barcelona in Neopolis, with an estimated revenue potential of Rs 2,700 crore.
US Treasury Secretary Scott Bessent sees crude oil as low as $40 post-Iran war, lower bond yields
Treasury Secretary Scott Bessent anticipates oil prices will fall significantly after the Iran conflict concludes. He expects crude oil to reach as low as forty dollars a barrel due to oversupply. This decline in oil prices will subsequently lower bond yields, which have recently surged. Bessent also downplayed Norway's sovereign wealth fund proposal to reduce Treasury holdings.
Rentomojo set to go public at Rs 4,246 crore valuation, set to raise Rs 1,256 crore via IPO
In its ambitious IPO initiative, Rentomojo targets a valuation of
Nifty ends below 24,000 for 4th week of losses
Indian equity markets faced a downturn for the fourth straight week, with the Nifty index retreating under 24,000. A combination of soaring crude oil prices and sluggish leading stocks contributed to the bleak market outlook. Analysts suggest the Nifty is likely to hover in a limited range without significant catalysts.
No Tax Tangle, FPIs Keen to Move G-Sec Money Next Day
Foreign investors are advocating for expedited remittance processes after the Indian government introduced tax exemptions on bonds. They are calling on regulators and banks to enhance the speed of money transfers. This initiative aims to streamline remittance operations and mitigate settlement delays, as the exemption abolishes withholding taxes on interest and capital gains from these investments, improving market efficiency for foreign portfolio investors.
RBI Turns to Longer-Dated VRRR for Liquidity Mop-Up
In an effort to control escalating inflation, the Reserve Bank of India is running auctions to draw in surplus liquidity from the financial system. This move comes as call money rates fall beneath the policy repo rate, with predictions indicating liquidity levels could exceed fifteen lakh crore by the close of September. Additionally, the central bank recently sold government securities worth thirty-two thousand crore.
Dollar bounces on job gains, then pares ahead of CPI
The U.S. job market showed surprising resilience in August, adding 162,000 positions
Mazagon Dock Shipbuilders bags Rs 118-cr order from MSETCL
Mazagon Dock Shipbuilders has received an order from Maharashtra State Electricity Transmission (MSETCL) for the supply, installation and commissioning of an AI-based Comprehensive Infrasecure Project for five substations.
The Supreme Court set aside a 425.27 crore customs penalty after finding that the order relied on AI-generated legal material. The diamond trader will now face fresh adjudication by a different customs officer, while the court warned against relying on unverified AI-generated case law.
Gold slides after robust US payrolls boosts rate hike bets
Gold prices experienced a downturn on Friday, setting the stage for a weekly loss as solid US job data raised the bar for anticipated rate hikes by the Federal Reserve. This shift has rendered the non-yielding precious metal less desirable. Alongside gold, silver and platinum also saw drops. Investors are now keenly awaiting inflation updates for insights into policy adjustments.
Oil ends week higher on renewed US-Iran strikes, diesel hits record
Oil prices have surged dramatically this week amidst escalating military tensions between the U.S. and Iran. Record-high retail diesel prices in the U.S. are fueling global inflation concerns. Supply chain disruptions in the Middle East are dealing a blow to crude oil futures. Analysts warn of potential further increases if the conflict deepens. Additionally, positive U.S. employment figures could encourage the Federal Reserve to raise interest rates soon.
Yields, dollar rise, stocks ease after solid US jobs report
US job growth data boosted Federal Reserve rate hike expectations. Treasury yields and the dollar strengthened after the positive jobs report. Major US stock indexes and global stocks experienced a broad selloff. Oil prices rose due to renewed attacks in the US-Iran war. Investors now await inflation data before the Fed's September decision.
Wall Street Week Ahead:Investors to pore over inflation data for signals on rate trajectory
Investors await crucial inflation data next week which may decide the Fed's interest rate move. The S&P 500 index is nearing its record high while facing market volatility. Producer and Consumer Price Index reports will offer insights into August's inflation trends. Odds for a Fed rate hike are currently around a coin flip. Treasury yields and AI trade developments also remain key market concerns.
Eyantra Ventures reports consolidated net loss of Rs 1.90 crore in the June 2026 quarter
Sales decline 1.99% to Rs 19.17 crore
Dhoot Transmission consolidated net profit rises 37.79% in the June 2026 quarter
Sales rise 49.68% to Rs 1446.42 crore
Indias critical minerals mission needs institution builders, not mine operators
From mining to manufacturing, India needs enterprises capable of building the complete mineral value chain
Leaving your job at 40 does not necessarily stop EPF interest immediately. Under current EPFO guidance, an eligible EPF balance can continue earning interest until you turn 58.
Creating a HUF allows families to benefit from independent taxation, separate deductions, and wealth management. However, merely establishing an HUF doesn't lower tax liability. Here's whether salaried individuals can form one.
Income tax authorities questioned a 25 lakh deposit by a Bengaluru resident. The cash deposit was subsequently treated as unexplained money and added back to her income. Here's why ITAT Bangalore still ruled in her favour.
EMI affordability: When does an affordable monthly payment become unaffordable? Experts explain
A manageable EMI is about more than a low monthly payment. Experts explain the 30% EMI rule, debt risks and how borrowers can assess loan affordability while protecting savings and financial security. Seeking professional guidance is a must when faced with financial hardships.
Bank holiday today: Check if SBI, HDFC, ICICI branches are open or closed on Saturday, September 5
September 5 is Teachers' Day in India, but banks remain open as it is the first Saturday of the month. RBI guidelines mandate bank closures on specific Saturdays and Sundays. Details here.
Quick-commerce platforms race to hire quality checkers as food-safety scrutiny mounts
Recent FDA crackdowns over hygiene and temperature lapses are pushing Blinkit, Zepto, and Instamart to add dedicated store-level checkers as rapid order volumes strain dark store operations.
Anthropic IPO timeline shifts toward mid-October
The revised timeline comes as Anthropic works to finalise a major credit facility and prepares analysts for meetings ahead of the offering
US stocks today: US stocks end lower as solid jobs data fuels hawkish Fed bets
Wall Street closed lower on Friday as a stronger-than-expected US jobs report lifted expectations of a Federal Reserve rate hike this month. Investors now await next week's CPI and PPI data for clues on inflation and the Fed's policy path, while Lululemon and Adobe shares fell on company-specific developments.
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
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
Rentomojo, Manipal Payment, Karamtara, and LCC Projects price IPOs
Four IPOs, including Rentomojo and Karamtara Engineering, will open on September 9, while ESDS Software surged 109% on debut and Apana Logistics prepares its SME issue
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.
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.
Rejoining the EPFO after a break? Here's how members can activate their UAN on the Umang app, what steps you can take to recover the account online and how your funds can be redeemed, in simple steps
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
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.
Devson Catalyst announced the successful development of its Ammonia Decomposition Catalyst through its in-house R&D and technical capabilities. The Company has received commercial orders for the newly developed product from NMDC and Tata Steel, following customer evaluation and approval.
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.
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
Investors wary of heavy AI spending by US tech giants are turning to Apple, which offers tech exposure with lower risk. Apple shares rose 7% while spending only $6.8 billion on capex, unlike major competitors investing $30-$54 billion quarterly.
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.
Swiggy sees 4% equity change hands in block deals; shares gain 2.5%
Swiggy shares rose 2.53% following block deals involving 4% equity. The company faces MSCI index removal on September 7 due to foreign ownership caps, while Q1 FY27 results showed a narrowed net loss of Rs 791 crore.
