IBTimes

With the strategic Strait of Hormuz, a vital transit route for nearly 20% of global oil and gas exports, facing severe shipping bottlenecks, higher production targets may fail to translate into actual physical supply reaching global markets anytime soon.

The 24-karat gold price today is hovering around Rs 1.43 lakh per 10 grams in the domestic market, after a volatile stretch of choppy, range-bound trade. That is roughly 20 per cent below the retail all-time high of about Rs 1.78 lakh per 10 grams

This proposed public issue will mark the market debut of one of Bengaluru based residential developers, which includes Singapore-based investment fund AGP Partners as a key shareholder.

August 2026 features several key financial deadlines and policy events, including the August 31 ITR filing deadline for self-employed professionals, freelancers, and businesses not requiring a tax audit. The RBI Monetary Policy Committee (MPC) will meet from August 35, with interest rates expected to remain unchanged.

The firm reported a loss of Rs 1,197 crore in the corresponding period last financial year (Q1 FY26), according to its stock exchange filing.

India's gold demand declined 6 per cent year-on-year to 131.4 tonnes in the April-June quarter of 2026, according to the World Gold Council (WGC). Jewellery demand fell 15 per cent to 75.1 tonnes due to subdued seasonal buying, higher customs duty and weaker consumer sentiment, while investment demand remained resilient.

Indian benchmark indices opened flat on Thursday as gains in IT and pharma stocks were offset by weakness in banking and realty shares amid mixed global cues.