SENSEX
NIFTY
GOLD
USD/INR

Weather

image 32    C

The Economic Times

Company / The Economic Times

Delhivery Q1 Results: Net profit tumbles 65% YoY to Rs 32 crore, but revenue rises 28%

Delhivery reported a 65% year-on-year decline in Q1 FY27 net profit to Rs 31.9 crore, despite a 28% rise in revenue to Rs 2,930.7 crore. EBITDA fell 4% as higher labour, fuel and operating costs weighed on margins. The logistics company expects pricing revisions and revenue growth to offset cost pressures.

8 Aug 2026 5:20 pm
RBI proposes leverage buffer for branches of global systemically important banks

Under the draft directions, a branch of a G-SIB operating in India will be required to maintain a minimum leverage ratio of 3.5 per cent, along with the leverage ratio buffer applicable to the parent global bank, including any additional buffer prescribed by its home regulator.

8 Aug 2026 5:14 pm
Quote of the day by Arnold Schwarzenegger: Just like in bodybuilding, failure is also a necessary experience for... Life lessons from a motivational quote by legendary bodybuilder and actor on resilience, discipline, self-belief, mental strength, perseverance, and why being tested can reveal how strong you truly are

Quote of the day by Arnold Schwarzenegger: Arnold Schwarzeneggers iconic quote emphasizes that failure is not an endpoint, but an essential mechanism for personal transformation and strength. Drawing a direct parallel to resistance training in bodybuilding, where muscles must be strained to structural failure before they can rebuild stronger, Schwarzenegger argues that human character requires similar friction. Without encountering limits, individuals remain unaware of their true capabilities an

8 Aug 2026 5:06 pm
Why billionaire Michael Moritz and wife Harriet Heyman are offering up to $150 million to transform San Francisco

Billionaire Michael Moritz and his wife, artist Harriet Heyman, are offering up to $150 million through their Crankstart foundation to find bold ideas that could improve life in San Francisco. Their global Boundless San Francisco competition is seeking solutions to challenges including the citys housing affordability crisis, homelessness, public safety, transportation and post-pandemic economic decline. Up to three winning organisations could receive as much as $50 million each to turn their ide

8 Aug 2026 5:06 pm
ADNOC confirms one of its vessels targeted by missile while transiting Strait of Hormuz

An ADNOC vessel faced a missile attack while sailing through the Strait of Hormuz. The incident occurred early Saturday morning, August 8, with no reported injuries. The company confirmed the situation has been brought under control by authorities. Official sources are the only recommended places for information. Rumors and unverified details should be avoided by the public.

8 Aug 2026 5:04 pm
Jemimah Rodrigues ruled out of The Hundred with hamstring injury; Participation in Asia Cup doubted

Indian batter Jemimah Rodrigues has been ruled out of The Hundred due to a hamstring injury. She was a key performer for Southern Brave, scoring 143 runs in six matches. Her absence is a significant blow as the competition enters its decisive phase. Australian allrounder Charli Knott has been signed as her replacement. This withdrawal also raises concerns for India's upcoming Asia Cup campaign.

8 Aug 2026 5:03 pm
Delhi govt's drone policy likely to get nod soon; aims to create over 1000 jobs

Delhi's IT minister announced a new drone policy aiming to create over one thousand jobs. This comprehensive policy will focus on research clusters and flight testing facilities. It also plans to utilise drones for traffic management and surveillance purposes. The government will allocate a separate budget for infrastructure and implementation.

8 Aug 2026 5:03 pm
Iran releases video claiming to show captured US Reaper, Israeli Hermes drones

Iran has unveiled footage of what it claims is the wreckage of US and Israeli drones, demonstrating its air defense capabilities. However, these assertions regarding the downed drones remain unverified by independent sources. The drones featured, the US MQ-9 Reaper and Israeli Hermes 900, are both sophisticated surveillance systems, further emphasizing Iran's strategic military posturing amid ongoing regional tensions.

8 Aug 2026 5:03 pm
Apollo Micro Systems Q1 Results: Firm posts record June-quarter profit at Rs 25 crore; revenue surges 88% YoY

Apollo Micro Systems reported a 43% year-on-year rise in Q1 FY27 net profit to Rs 25.2 crore, while revenue surged 88% to Rs 251.3 crore. EBITDA rose 18% to Rs 48 crore, though margins moderated. The defence company said its best-ever first-quarter performance reflects strong execution and continued sector demand.

8 Aug 2026 4:59 pm
Jharkhand govt holds talks with various outfits amid paper leak protests, fails to break deadlock

Jharkhand government held talks with protesting aspirants over alleged exam paper leaks. The government panel met with various factions of students demanding reforms. Protesters decided their stir would continue until all demands are met. Students seek cancellation of the 14th JPSC Civil Services Examination. The agitation entered its fifteenth day with no resolution reached.

8 Aug 2026 4:53 pm
NBFC gold loans continue near 70% growth, reach Rs 3.41 lakh crore in June: RBI

Non-banking financial companies saw gold-backed lending grow nearly seventy percent year-on-year. This strong expansion continued into June 2026, outpacing overall retail loan growth. Housing and vehicle loans also displayed robust credit growth during this period. The Reserve Bank of India strengthened regulations for gold and silver collateral loans. Credit to industry and services sectors experienced a moderation in growth.

8 Aug 2026 4:21 pm
Blackstone's AGS Health files updated draft papers for $500 million India IPO

In a significant move, AGS Health, operating under Blackstone, has filed revised draft documents for its upcoming IPO in India, which is projected at 48 billion rupees. This offering features a new share release, as Blackstone aims to divest shares worth 30 billion rupees. Notably, AGS Health, known for its revenue cycle management services for U.S. hospitals, achieved a profit of 2.07 billion rupees last fiscal year.

8 Aug 2026 4:18 pm
RBI has proactively helped UCBs; cooperatives should look at regulator differently: Amit Shah

Union Minister Amit Shah encouraged urban cooperative banks to view the RBI's support positively. He highlighted the central bank's proactive assistance to the sector recently. Shah also emphasized the safety of small borrowers for lenders. The National Urban Cooperative Finance and Development Corporation will relocate its head office. This move aims to strengthen the cooperative banking sector across key states.

8 Aug 2026 3:35 pm
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

BSEs derivatives activity fell sharply in the first week of the Closing Auction Session, but higher premiums more than offset the decline in contracts. Premium per contract surged 74.8%, lifting average daily premium turnover 21.3% and pushing BSEs market share to 37.1%, according to Nuvama Institutional Equities.

8 Aug 2026 2:44 pm
SBI missed digital payments bus, now playing catch-up with YONO Pay: Chairman CS Setty

State Bank of India chairman admits missing digital payments bus, while YONO app attempts to catch up. Banks and fintech firms argue UPI merchant payments may soon incur charges. UPI processes billions of transactions monthly, with rising infrastructure and cybersecurity costs. SBI reported a 13.73% rise in consolidated net profit for the June quarter.

8 Aug 2026 1:50 pm
Ram Temple embezzlement case: Many aspects of donation 'theft' probe done, chargesheet to be filed end of next month, says Police

An investigation team probing alleged donation embezzlement at the Ayodhya Ram temple has completed its inquiry. The chargesheet is expected to be filed in court by the end of next month. A special investigating team, headed by IGP Kiran S, is coordinating the police investigation. Previously, the SIT had raised serious questions regarding a former trust member's role.

8 Aug 2026 1:05 pm
Western states, UTs forge joint strategy against cybercrime, drug cartels

Police chiefs from seven western states met to devise a joint strategy. They finalized security arrangements for the 2028 Ujjain Simhastha Fair. Real-time intelligence sharing and synchronized anti-narcotics operations were resolved. Discussions also covered cybercrime and the use of modern policing technology. Future meetings will be held in Goa to continue these efforts.

8 Aug 2026 12:58 pm
Mukul Agrawals winning picks: 9 stocks rallied over 50% in CY26; one fresh Q1 addition

Investor Mukul Mahavir Agrawals portfolio rose 12% to around Rs 7,720 crore by June 2026. Several holdings delivered strong CY26 gains, led by Apollo Pipes, Hind Rectifiers and KRN Heat Exchanger. The portfolio also saw a new addition, Arisinfra Solutions, highlighting Agrawals continued focus on high-growth stocks.

8 Aug 2026 12:46 pm
Vedanta and Infosys among 5 stocks with highest dividend yield. Check details

Five high-dividend-yield stocks include Vedanta, Gujarat Pipavav Port, Castrol India, TCS and Infosys. As of July 29, 2026, Vedanta topped the list with a 12.9% yield, followed by Gujarat Pipavav Port at 6.9%. Investors should consider fundamentals, valuation, sustainability of dividends and risks alongside dividend yield.

8 Aug 2026 12:40 pm
Molbio Diagnostics collects Rs 281 cr from anchor investors ahead of IPO

Molbio Diagnostics has successfully attracted Rs 281.5 crore from anchor investors ahead of its much-anticipated initial public offering. The company aims to raise between Rs 904 crore and Rs 940 crore through this public issue, with funds earmarked for infrastructure improvements and new equipment for manufacturing facilities. Additionally, current shareholders will participate by selling portions of their stakes. The company

8 Aug 2026 12:18 pm
Natural gas loses momentum despite geopolitical risks: Will prices recover?

Natural gas prices remain subdued despite Middle East tensions, as abundant U.S. production, rising LNG supplies and healthy inventories outweigh geopolitical concerns. Weather-driven demand has also weakened following the winter rally. While near-term prices may remain rangebound, growing LNG exports, Asian demand, power generation and natural gas

8 Aug 2026 12:15 pm
Concurrent Gainers: 15 stocks that gain for 5 days in a row

Fifteen BSE 500 stocks posted gains in each of the five sessions from August 3 to 7. Apar Industries led with a 16% five-day gain, followed by Welspun Corp and Authum Investment.

8 Aug 2026 11:58 am
Student protest: Jharkhand government holds talks with Devendra Nath Mahto-led faction of protesting job aspirants

Jharkhand government officials met with protesting job aspirants on Saturday. The meeting occurred as Devendra Nath Mahto's fast entered its seventh day. Protesters demand cancellation of the 14th Jharkhand PSC Civil Services Examination. They also seek an independent probe into alleged irregularities. Massive protests have occurred in Ranchi over the past two weeks.

8 Aug 2026 11:55 am
70 years after South Africa's women challenged apartheid, some say their freedom isn't complete

South Africa marks seventy years since the 1956 Women's March against apartheid laws. Many women still face significant gender-based violence and economic inequality today. The Women's Jail, now a museum, honors activists who fought against oppression. Paralympic champion Kgothatso Montjane acknowledges the paved path for current generations. The past's lessons guide South Africa's ongoing journey toward true freedom and equality.

8 Aug 2026 11:51 am
US sanctions bill makes India-US trade deal more critical, may push up import bill: Economist

Proposed US sanctions legislation makes India's trade deal with the United States more critical. Any disruption to crude supplies could raise India's import bill significantly. This situation may pressure the Indian rupee and impact the current account deficit. India will need to assess crude imports depending on ongoing US negotiations. The outcome of these talks will determine India's future energy import strategies.

8 Aug 2026 11:48 am
Gujarat studies Maharashtra model to tackle nearly 100,000 defunct trusts

Gujarat is studying Maharashtras legal and technology reforms as it prepares to amend its public trust law and improve oversight of charitable institutions.The state has around 1 lakh dormant, defunct or inactive trusts that are no longer carrying out their stated charitable activities.

8 Aug 2026 11:40 am
Rishabh Pants midnight appeal to Uttarakhand CM: Seeks help to buy land and build home after 3-year search becomes a nightmare

Cricketer Rishabh Pant has reached out to the Chief Minister of Uttarakhand for his help in securing land to build his first home in his home state. After three years of seeking suitable property, Pant aims to settle down and contribute to the development of Uttarakhand. He emphasized his desire to purchase the land at government rates, demonstrating his commitment to his roots.

8 Aug 2026 11:34 am
Independence Day 2026: Meals, books & biscuits behind Partition-era businesses that became part of Delhis story

2026 Independence Day: Businesses established by Partition refugees have become integral to Delhi's identity. Moti Mahal restaurant began its journey in Peshawar before relocating to Daryaganj. Bahrisons Booksellers started in Khan Market with a small collection of books. Frontier Biscuits originated in Hoti Mardan and later opened in Sadar Bazar. These enterprises showcase resilience and the ability to rebuild livelihoods.

8 Aug 2026 11:31 am
NEET paper leak 2026: How WhatsApp watch message, Mygate app helped CBI crack case

A WhatsApp message initiated the CBI's investigation into the NEET-UG 2026 paper leak. Investigators used app logs and a WhatsApp group to track students and identify question setters. Chemistry professor PV Kulkarni allegedly shared questions after memorizing them from NTA preparations. Physics paper was leaked separately by another NTA panel member for a fee. Leaked papers were transported to Rajasthan and circulated as mock tests by coaching centers.

8 Aug 2026 11:27 am
Beyond the headline number: What Indias Rs 1.3 lakh crore MTF book really tells us

Indias MTF book has surged nearly five-fold to over Rs 1.3 lakh crore, reflecting rising retail participation and deeper cash-market activity. Unlike leverage-driven volatility overseas, Indias regulatory safeguards, margin requirements, position limits and broker-level controls keep leverage collateralised and dispersed. These measures reduce systemic risks and support market resilience.

8 Aug 2026 11:19 am
Dhoot Transmission raises Rs 918 crore from 72 anchor investors ahead of Rs 3,067-crore IPO

Dhoot Transmission has raised Rs 918 crore from 72 anchor investors ahead of its Rs 3,067-crore IPO, with domestic mutual funds accounting for 61.27% of the anchor allocation. The company will use the proceeds to repay debt, fund expansion and pursue acquisitions.

8 Aug 2026 11:08 am
Reliance Industries, ITC among 10 stocks that saw highest buying by LIC in Q1. See full list

LIC increased its holdings in several major stocks during Q1FY27, with Bharti Airtel, Maruti Suzuki and ITC among the biggest buys, based on Prime Database data.

8 Aug 2026 10:51 am
7 killed, 11 injured after private bus overturns on mountain route in Himachal's Chamba

A private bus overturned and fell onto a lower road in Chamba district, killing seven passengers. Eleven others sustained injuries in the accident which occurred near Chalunj Mor on Saturday morning. Locals immediately rushed to assist and informed the police about the developing situation. Rescue operations are currently underway with multiple agencies involved in the search.

8 Aug 2026 10:42 am
Ashish Yadav opens India's account with silver in men's javelin at World Athletics U20 Championships

Ashish Yadav secured a silver medal in the men's javelin throw event. His throw of 74.09 meters opened India's medal account at the championships. T Dharanidharan finished sixth with a throw of 72.35 meters. South Africa's Jan-Hendrik Heymans claimed the gold medal with a throw of 80.50 meters. Yadav became the second Indian to win silver in this event.

8 Aug 2026 10:36 am
Rishabh Pant seeks CM Pushkar Singh Dhamis help to buy land in Uttarakhand after 3-year search

Cricketer Rishabh Pant has appealed to the Uttarakhand Chief Minister for assistance in acquiring land. Aspiring to shift from Delhi to his native state, Pant has faced three years of challenges in securing land. He plans to construct his first home and contribute positively to Uttarakhands progress, indicating a readiness to buy government land at prescribed rates.

8 Aug 2026 10:25 am
Why people are keeping a bay leaf inside their phone cases: Benefits, beliefs and is there any science behind it?

Bay leaves have taken social media by storm as users add them to their phone cases, believing it brings fortune and positivity. Drawing inspiration from ancient Greek and Roman cultures where bay leaves symbolized success, this practice is thought to attract good vibes and ward off negativity. It's important to position the leaf carefully, keeping it away from phone parts, though scientific research does not validate these beliefs.

8 Aug 2026 10:25 am
On the menu at kanwar camps; pasta, pizza, chhole-puri, rasgulla and more

Kanwar camps in Meerut are providing a wide variety of food options for devotees. These camps are mixing traditional dishes with modern cuisine, all prepared without onion and garlic. Some camps are utilizing machines for food preparation and have declared themselves plastic-free. District authorities are continuously inspecting these private camps to ensure quality and hygiene standards. The UP government stated that full-day meal schedules are arranged for all kanwariyas.

8 Aug 2026 10:24 am
Jammu and Kashmir Police raids multiple locations in Valley to crack down on terror-related activities

Jammu and Kashmir Police conducted raids across five districts on Saturday. These searches targeted suspected terror-related activities and radicalization networks. Officials seized electronic devices and other incriminating material during the operation. The investigation is proceeding based on a registered FIR at CIK, Srinagar. Recovered items will undergo forensic examination for further analysis.

8 Aug 2026 10:15 am
Kerala rains persist: Several districts remain inundated

Rains persist across Kerala, prolonging waterlogging and inundation in many districts. Moderate rainfall is forecast for isolated places in seven northern and southern districts. An orange alert has been issued for several districts, indicating very heavy rainfall is expected. Holidays were declared for educational institutions in eight districts as a precautionary measure.

8 Aug 2026 10:10 am
FIIs now backing India's consumers, not capex: July data reveals major rotation

Foreign investors returned to Indian equities in July, but their buying reflected selective, defensive positioning. Consumer services, healthcare and consumer durables attracted Rs 25,298 crore, while capital goods, telecom and automobiles faced heavy selling. The shift highlights stronger preference for domestic consumption, healthcare and discretionary growth over capital expenditure-driven sectors.

8 Aug 2026 10:02 am
Titan's June quarter profit surges 63% YoY, income up 40%

Titan Company has shown impressive growth, reporting a staggering 63% increase in profit, largely driven by a surge in demand for jewellery during the Akshaya Tritiya festival. The consolidated income jumped by 40%, reaching around Rs 20,753 crore. Notably, jewellery sales, excluding bullion, rose by 43% to Rs 18,253 crore, while the watches and EyeCare segments also saw significant revenue boosts.

8 Aug 2026 9:58 am
Ola Electric's Q1 revenue drops 45% YoY but loss narrows to Rs 336 crore

Ola Electric faced a significant downturn in its June quarter operations, reporting a steep forty-five percent decline in revenue compared to last year. The company earned four hundred fifty-five crore rupees in the first quarter, with vehicle registrations also dropping as compared to the previous year. Despite this, Ola's net loss displayed a slight improvement, narrowing by about twenty-one point five percent year-on-year, with overall unit deliveries also decreasing.

8 Aug 2026 9:51 am
UN flags need for accountability if peaceful PoK protesters harmed

The United Nations voiced concerns regarding the security situation in Pakistan-occupied Kashmir. UN officials emphasized the need for accountability for actions against peaceful protesters. The High Commissioner for Human Rights urged investigations into protester deaths and bans. Restrictions on internet access and public gatherings were also highlighted as violations. Authorities were urged to ensure internet access and engage in inclusive political dialogue.

8 Aug 2026 9:49 am
Hindalco posts record Q1 profit of Rs 7,013 crore as aluminium prices soar

Hindalco Industries achieved record profit and sales in the June quarter, driven by soaring aluminium prices and a rebound at Novelis. The company is now focused on executing ongoing projects valued at fifty thousand crore rupees while exploring further investments for future growth. Aluminium prices are projected to stay robust, despite a slight sequential dip.

8 Aug 2026 9:43 am
Independence Day 2026 speech and essay ideas: Simple, creative topics for students to celebrate the spirit of freedom

As we approach Independence Day 2026, it's a chance to write about the journey of freedom in contemporary India. Students can create essays and speech ideas about the legacy of our freedom fighters, reflecting a deeper appreciation for the struggles that led to our current freedom. Engaging discussions will also focus on India's remarkable milestones since independence, highlighting the essential role of young voices in crafting a vibrant and hopeful future.

8 Aug 2026 9:41 am