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The Economic Times

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Horizon Industrial Parks shares to list today. Check GMP ahead of debut

The Rs 2,600-crore IPO comprised an entirely fresh issue of 43.34 crore shares, with the company fixing the price band at Rs 5760 per share.

24 Aug 2026 7:38 am
Negative Breakout: These 7 stocks cross below their 200 DMAs

The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.

24 Aug 2026 7:34 am
Dollar trading near multi-month lows, restrained by debt nerves

The dollar is facing significant weakness, hovering close to multi-month lows as market participants await crucial details on sanctions and upcoming policy speeches. Canada's dollar dipped following a halt in trade negotiations, along with imposing tariffs from both sides. In contrast, the euro and yen stabilized, and the Australian and New Zealand dollars reached their highest points in three months. Investors are keenly eyeing speeches from U.S.

24 Aug 2026 7:30 am
Gold hits over three-month high ahead of US inflation data, Fed chair speech

Gold prices have surged to a three-month high, driven by investor anticipation for upcoming US inflation data. The speech by Federal Reserve Chair Kevin Warsh is also a focal point, likely influencing interest rate outlooks. Furthermore, Poland's central bank has expanded its gold reserves, reflecting increased demand from the official sector.

24 Aug 2026 7:28 am
Oil falls ahead of US announcement on new Iran sanctions

Oil prices experienced a decline as investors braced for impending U.S. sanctions aimed at Iran. With these sanctions likely to create further disruptions in oil supply routes across the Middle East, anticipation builds. U.S. Treasury Secretary Scott Bessent is poised to unveil the most stringent sanctions to date. Meanwhile, Iran's leadership is split between choosing to de-escalate or confront these challenges. The impact of U.S.

24 Aug 2026 7:26 am
Iran says support for new sanctions would be 'act of war'

A strong message came from Iran's security chief, cautioning nations that support the freshly imposed US economic measures. President Pezeshkian defended a recent memorandum as a hopeful step ahead. Although the Strait of Hormuz remained calm, fresh transit restrictions were unveiled. Pakistan's army chief plans a trip to Tehran to facilitate discussions on de-escalating tensions. Concurrently, reports detailed incidents of execution and violence arising in the West Bank and Gaza.

24 Aug 2026 7:16 am
US Treasury Secretary may have a tough time dealing with yields

Treasury Secretary Scott Bessent initiated a Treasury twist to influence bond yields. This move aimed to lower long-term borrowing costs for the administration. However, yields quickly rebounded, indicating forces beyond his control. Record debt levels and increased corporate borrowing are pushing rates higher. Investors are reportedly acting on misinformation regarding the deficit situation.

24 Aug 2026 7:07 am
PolicyBazaar technical setup turns positive; SMC Globals Shitij Gandhi recommends buying on dips

PolicyBazaar technical setup turns positive; SMC Globals Shitij Gandhi recommends buying on dips

24 Aug 2026 7:00 am
'It's a Carry World': EM trade notches longest run since 2008

The carry trade landscape in emerging markets is shining brightly, leading to remarkable returns for investors. This approach, which entails borrowing in low-interest currencies and investing in higher-yielding emerging markets, thrives as the US dollar softens against numerous emerging market currencies. Colombia stands out with appealing bond returns and substantial currency gains, while Turkeys elevated local bond yields continue to beneficially impact investor outcomes even amidst currency d

24 Aug 2026 6:42 am
Derivatives get gen Z twist, but losses cast a long shadow: Sebi

Young traders below thirty years of age now make up an impressive forty-three percent of participants engaged in equity derivatives. However, this age group encountered a spike in trading losses in FY26. Moreover, individuals from lower-income categories and smaller towns are on the rise in the trading scene, contributing to significant turnover and losses while showcasing a greater risk appetite in derivatives than in other investments.

24 Aug 2026 6:36 am
IPO rush continues: 10 issues to raise over Rs 3,500 crore this week

This week sees the launch of six mainboard IPOs and four from the SME sector, with total fundraising expected to surpass Rs 3,500 crore. Among these, Symbiotec Pharmalab's IPO stands out as the largest, aiming for substantial investment. The market is buzzing with other companies also set for their stock market introductions, ensuring a robust IPO pipeline this month.

24 Aug 2026 6:27 am
IIFCL raises $200 million via 2 ECB transactions

IIFCL plans to raise around $1 billion through long-term ECBs, with tenors of up to 15 years, under the MIGA Guarantee Facility, in multiple tranches. The proposed long-term funding will support infrastructure projects with long gestation periods and provide long-term financing to the sector.

24 Aug 2026 6:20 am
Tempsens Instrument IPO: GMP soars past 100%, signalling strong listing hopes

Tempsens Instruments IPO grey market premium has surged 100 percent. This marks the first IPO to cross this milestone in nearly two years. The IPO was subscribed nearly 22 times on its second day. Other upcoming IPOs also show strengthening grey market premiums. Investor appetite for new share sales appears to be reviving.

24 Aug 2026 6:04 am
Stocks in news: Reliance Industries, Bank of Baroda, Power Grid, NATCO Pharma and JSW Infra

Indian equity markets closed largely unchanged on Friday, August 21, after a volatile trading session. Several companies, including Reliance Industries and Bank of Baroda, reported significant corporate developments. Power Grid Corporation and Jubilant Pharmova also announced key project wins and regulatory approvals. NATCO Pharma and Caplin Point Laboratories received observations from the US FDA after inspections. Mobile manufacturing stocks are expected to gain attention following a new gover

24 Aug 2026 6:00 am
Pre-market action: Here's the trade setup for today's session

Rising crude oil prices combined with ongoing tensions in the Middle East are influencing investor confidence negatively. Global markets are grappling with renewed inflation worries and high bond yields. If Nifty maintains its position above 24,284, it might indicate a rebound towards 24,400. Conversely, failing to surpass Thursday's peak points to a consolidation phase between 24,000 and 24,250.

24 Aug 2026 6:00 am
Hawkish MPC, West Asia conflict cloud rupee, bond yield outlook

In light of the hawkish monetary policy minutes and the ongoing conflict in West Asia, the outlook for the rupee and bond yields appears uncertain. However, record forex inflows offer a cushion for the central bank, allowing it to manage currency pressures effectively. Analysts expect the rupee to fluctuate between 95.50 and 96.00, with interventions from the central bank.

24 Aug 2026 5:50 am
Sebi turns down Adani-linked FPIs' settlement applications

Mumbai: India's capital markets regulator has rejected settlement applications by foreign portfolio investors (FPIs) that held significant stakes in listed Adani Group companies, people familiar with the matter said. This was because the FPIs' terms failed to align with those proposed by Sebi, they said.The regulator communicated its decision to the FPIs' representatives last week, the people said, reviving a case that dates back to October 2020, when Sebi's surveillance systems first flagged th

24 Aug 2026 5:46 am
ET WLF 2026: India has what the world longs for - stable leadership, says Satyan Gajwani, Chairman, Times Internet

Welcoming Prime Minister Modi to the World Leaders Forum, Gajwani drew an analogy with Homer's Odyssey, saying the ancient tale of a protagonist navigating one crisis after another was something of a parable for our times today. When we look around the world, at least if we believe the headlines, we're lurching from one crisis to the next, Gajwani said, pointing to two ongoing wars, an energy crisis, disruption of shipping routes, trade battles, nuclear threats and an AI surge sucking in unprece

24 Aug 2026 1:22 am
A feast of flair: At the ET World Leaders Forum dinner, big names made elegant style statements

The ET World Leaders Forum featured a diverse buffet alongside discussions. Leaders enjoyed dishes like Phyllo Money Bags and Vegetable Pithivier. Asian cuisine included Phad Packchi and a chili mustard sauce preparation. Desserts offered indulgence with chocolate mousse and Tarte Tatin. An artisanal grazing table provided fruits, cheeses, and olives.

24 Aug 2026 1:20 am
ET World Leaders Forum: India needs to make the shift from 'petro state' to 'electro state'

India needs to shift from a petro state to an electro state as rising power demand from EVs, AI and data centres accelerates the push for renewable and nuclear energy, speakers at the ET World Leaders Forum said.

24 Aug 2026 1:20 am
West Bengal plans incentives to spur industrial investments

The government is exploring off-balance sheet incentives like soft loans to keep the weightage on budget-dependent industrial promotion lower, the finance minister said. Concession on power tariff is also being explored.

24 Aug 2026 1:11 am
ET World Leaders Forum: AI pushing companies to redefine work, talent and chase measurable value, say industry leaders

Businesses are shifting focus from AI capabilities to delivering measurable results. Organisations must now redesign themselves around artificial intelligence technology. Companies are prioritizing talent development and continuous reskilling for future needs. India has a strong opportunity to apply AI to real-world problems. The focus is on how AI augments human thinking and work processes.

24 Aug 2026 1:08 am
Aditya Birla Group taps local lenders for Sprng Energy

Axis Bank has underwritten the entire amount and is likely to keep a large part of around Rs 5,000 crore to the financing, while State Bank of India and HDFC Bank are evaluating commitments for the remaining amount, the people said. Aditya Birla has also held discussions with six to seven other domestic lenders, but prefers to close the financing with two banks, or a maximum of three lenders, they said.

24 Aug 2026 1:05 am
ET World Leaders Forum: PM Modi stood by president Trump in tough times, says US ambassador Sergio Gor

US Ambassador Sergio Gor said the personal friendship between Prime Minister Narendra Modi and US President Donald Trump remains a key anchor of India-US ties, with Trump remembering Modis support during his four years out of office.

24 Aug 2026 12:59 am
ET WLF 2026: Neurotechnology's goal should be to turn humans into creators, not just consumers, says Alexander Panov

SPEC Finance has launched a significant neurotechnology fund to accelerate India's research and development. This initiative aims to foster humanistic values and develop capable thought leaders for the future. The fund will invest in local startups and scientific teams, focusing on brain-to-brain synchronization technologies. India is chosen to become a global neurotechnology hub, attracting international collaboration and capital.

24 Aug 2026 12:59 am
ET WLF 2026: India likely to play a key role in the next industrial revolution, says Sir Ron Kalifa

India should aim to be a trusted global leader as the world redefines its economic order. The country has earned the right to set the pace for the next industrial revolution. This involves building trusted digital systems and reliable infrastructure for global partners. Artificial intelligence development depends on strong foundations and essential infrastructure. India's role will be defined by reliability and leadership, not just economic size.

24 Aug 2026 12:58 am
India Inc bullish on growth story: KM Birla

India Inc.'s conviction in the country's growth prospects is possibly the highest in a long time and capital discipline is being mistaken for lack of commitment toward expanding capacities, said Kumar Mangalam Birla, chairman, Aditya Birla Group, at The Economic Times World Leaders Forum.There is enough capacity buildout happening on the ground with new plants springing up across the country and bank loan numbers pointing to robust economic activity, said the chief of the cement to consumer cong

24 Aug 2026 12:47 am
RBI board gets three new part-time directors

The Appointments Committee of the Cabinet (ACC) has approved the appointment of Annie George Mathew, Syed Akbaruddin and Janmejaya Kumar Sinha as part-time non-official directors on the Reserve Bank of Indias central board for four years.

24 Aug 2026 12:17 am
Putin rejected shipping truce offer: Zelenskyy

Ukraine proposed a Black Sea grain corridor truce, but Russia rejected it. Moscow demanded guarantees against strikes on its energy infrastructure. President Zelenskyy ruled out holding wartime elections due to constitutional and practical challenges. Attacks on commercial ships and ports raise fears about global grain supplies. Ukraine's grain exports have significantly decreased since early August.

23 Aug 2026 11:58 pm
Microdramas now take a macro share of viewers' interest

Microdrama content is attracting significant audience engagement, similar to long-form videos. This format combines short-form immediacy with long-form cliffhangers for viewers. Consumers prefer microdrama, spending considerable time watching multiple episodes daily. Microdrama platforms are creating new screen time, not replacing existing viewing habits. Relatable stories and quick episode completions drive viewer interest and repeat engagement.

23 Aug 2026 11:48 pm
We got attacked: Mark Carney claims Canada is at war with US as Trumps 50% tariffs trigger trade showdown

Canada-US tariffs: Canadian Prime Minister Mark Carney says Canada was attacked and is at war with the US over trade as President Donald Trumps 50% tariffs trigger a fresh economic showdown. Carney further panned the Trump administration for trying to pressure Canada into a bad deal. Canada plans dollar-for-dollar retaliation starting September 8.

23 Aug 2026 11:07 pm
We are out of business: Founded in 1954, 70-year-old Canadian honey farm faces bankruptcy after 50% US tariff puts 90% of its customers at risk

A 70-year-old family-run Canadian honey farm is facing a potential financial crisis after the United States imposed a 50% tariff on Canadian goods, including natural honey. With around 90% of Podolski Honey Farms production sold to American customers, general manager Osee Podolsky says the new duties could make exports unviable and push the Manitoba business toward bankruptcy.

23 Aug 2026 10:47 pm
Bihar CM announces Rs 70,000 crore plan for 126-km Marine Drive along Ganga

Addressing the concluding ceremony of the Employment Fair (Rojgar Mela) at Gyan Bhavan near Gandhi Maidan in Patna, Choudhary said the project would also generate employment opportunities and open new avenues in various sectors.

23 Aug 2026 10:22 pm
Billionaire Ken Griffins $238 million Manhattan penthouse is one of the most expensive homes ever sold in the US: Inside the sprawling 23,000-square-foot residence with 16 bedrooms and 17 bathrooms

Billionaire Ken Griffins $238 million Manhattan penthouse at 220 Central Park South is one of the most expensive homes ever sold in the US. The sprawling 23,000-square-foot Billionaires Row residence features 16 bedrooms, 17 bathrooms, five balconies and stunning Central Park views. Underneath the building is a parking space for up to 64 vehicles, costing $750,000 per space.

23 Aug 2026 10:15 pm
Navdeep Suri, former Indian ambassador, flags 'trouble establishing citizenship' during Punjab SIR

Former diplomat Navdeep Suri faced citizenship verification challenges during Punjab's voter roll revision. He was asked for unspecified documents to prove his Indian citizenship status. Suri questioned the process's impact on ordinary citizens facing similar hurdles. The Special Intensive Revision aims to update electoral rolls by linking voters to legacy rolls. This process has led to significant deletions from voter lists in various states.

23 Aug 2026 9:22 pm
Former international captains raise fresh concerns over Imran Khan's health in letter to Pakistan PM

The letter was signed by Michael Atherton, Alex Blackwell, Allan Border, Michael Brearley, Greg Chappell, Ian Chappell, Belinda Clark, Alastair Cook, Michael Gatting, Sunil Gavaskar, Kapil Dev, Lee Germon, Adam Gilchrist, David Gower, Kim Hughes, Nasser Hussain, Clive Lloyd, Arjuna Ranatunga, Andrew Strauss, Dilip Vengsarkar, Steve Waugh and John Wright.

23 Aug 2026 9:10 pm
Sugar production hit by Red Rot disease, El Nino; govt taking measures: Pralhad Joshi

Union Minister Pralhad Joshi said the Centre is taking measures to manage sugar availability and rising prices ahead of the festival season, including temporary imports of raw sugar. He attributed the fall in production to red rot disease and El Nino conditions.

23 Aug 2026 8:44 pm
Texas woman shocked as Amazon drone drops her package straight into swimming pool in wild delivery fail, she says 'I dont think Ill be wanting more deliveries'

A Texas woman was left stunned when an Amazon Prime Air drone dropped her package directly into her swimming pool. The bizarre delivery was caught on video and went viral just as Amazon announced plans to expand its ultrafast drone delivery service to 500 US cities by the end of the year.

23 Aug 2026 8:16 pm
Magnitude 6.0 earthquake hits Japan's Hokkaido hours after 5.9 magnitude quake injures over 40 near Tokyo

Japan was hit by two earthquakes on Sunday, including a 6.0-magnitude quake off northern Hokkaido late in the evening, according to the Japan Meteorological Agency. No tsunami warning was issued.

23 Aug 2026 8:06 pm
Commerce Minister Piyush Goyal leads 200-member business delegation to Japan, to push trade, investment

Commerce and Industry Minister Piyush Goyal will lead a 200-member business delegation to Japan from August 24-27 to boost bilateral trade and investment, with a focus on high-tech manufacturing, semiconductors, AI, clean energy and other emerging sectors.

23 Aug 2026 7:41 pm
Trump admin predicts US trade war 'devastating' for Canada

In a critical exchange, the United States cautioned Canada against pursuing a trade war, labeling it as a reckless move that could lead to severe repercussions. Following a collapse in talks, American tariffs on Canadian goods took effect. In response, Canada implemented its own tariffs focused on American steel and dairy sectors. Prime Minister Mark Carney emphasized that Canada was under attack and needed to retaliate accordingly.

23 Aug 2026 7:39 pm
Anti-reservation protests: Over 20 detained as around 300 gather at Delhi's Connaught Place seeking quota reforms

Around 300 people gathered in Delhi to protest caste-based reservation policies. Protesters demanded reforms, emphasizing economic criteria for government support and assistance. Police detained over twenty individuals as the demonstration lacked prior permission. The Reservation Hatao Andolan organized the protest, which gained traction online. Concerns were also raised regarding UGC framework and SC/ST Prevention of Atrocities Act.

23 Aug 2026 7:36 pm
National Space Day: From Chandrayaan-3 to Aditya-L1, how Indian chips are powering its space missions

Made-in-India semiconductor chips are now powering key Indian space missions. These domestically manufactured components support lunar and solar exploration efforts. Specialized chips from Mohali's Semiconductor Laboratory are used in Chandrayaan-3 and Aditya-L1. Indigenous processors are also integrated into satellite launch vehicles for onboard computing. This growing capability strengthens India's technological independence in space exploration.

23 Aug 2026 7:22 pm