Business Standard

Sebi chairman Tuhin Kanta Pandey said on Monday, at sidelines of a symposium on cyber security, that the regulator will soon come up with a consultation paper on SLBM, in its efforts to stabilise CAS

India's Navy will lease two MQ-9B Sea Guardian drones from General Atomics for 1,943 crore, strengthening maritime surveillance and intelligence capabilities

The lender raised the rate on FCNR(B) deposits above $1 million for a three-to-five-year tenor as banks step up mobilisation after the RBI shortened its swap window

Proceeds from the proposed stake sale will go to Antfin under a 2023 agreement; Paytm said it is not a party to the transaction and Sharma's direct holding is unchanged

Jharkhand cancels all JSSC exams conducted since 2014 by outsourced agency

An interim deal agreed to in June declared an immediate and permanent termination of military operations on all fronts, but quickly unraveled, with Trump saying it was over on July 7

Netherlands-based Resilient Asset Management, fully owned by Paytm founder Vijay Shekhar Sharma, will sell up to 4.98% of the fintech firm's stake via a block trade.

Trump denied Carroll's claims and asserted that she lied both in 2019 and again in 2022, while he was out of office

The initial public offering of Horizon Industrial Parks Ltd received 14 per cent subscription on the first day of bidding on Monday. The company's IPO received bids for 3,52,85,000 shares against 25,13,56,273 shares on offer, according to NSE data. The category for retail investors received 19 per cent subscription. The quota for Qualified Institutional Buyers (QIBs) was subscribed 18 per cent and that of non-institutional investors 3 per cent. Horizon Industrial Parks is an industrial and logis

Prajakta Mali buys 996 sq ft Oberoi Exquisite flat for 6.42 crore

Cost is unlikely to have constrained RBI's decision to close the swap window early; reserves could rise to $800 billion over five years, the report said

The offer received bids for 3.52 crore shares as against 25.13 crore shares on offer.

Key benchmark indices started the week on a weak note on Monday, with the Nifty slipping below 24,300 as elevated crude oil prices weighed on sentiment. Brent crude hovered around $89 a barrel amid the lack of progress in ending the Iran conflict. IT, FMCG and consumer durables shares were under pressure while metal shares climbed.

Andy Burnham communicated with someone posing as White House chief of staff Susie Wiles, an incident on which Downing Street has declined to comment

The lender expects its cost of funds to fall to 9.75-9.8 per cent after its AA- rating upgrade and plans to raise the non-JLG portfolio share to 40 per cent in two years

High on confidence after holding Olympic silver medallists and world No. 4 China to a draw, India will look to strengthen their bid for a top-two finish in Pool D when they face South Africa in their second Women's Hockey World Cup match here on Tuesday. India, ranked ninth in the world, produced a disciplined display to secure a 2-2 draw against a fancied Chinese side in their tournament opener. The result has given them a valuable point and put them in a good position to qualify for the second

Across Europe, the Mediterranean, Antarctica and the Arctic

Turtlemint Fintech Solutions rallied 8.01% to Rs 148.30 after the company's consolidated net loss narrowed to Rs 37.78 in Q1 FY27 compared with net loss of Rs 46.69 crore in Q1 FY26.

Physicswallah Ltd witnessed volume of 808.08 lakh shares by 14:14 IST on NSE, a 16.2 times surge over two-week average daily volume of 49.89 lakh shares

Mumbai (Maharashtra) [India], August 17: Stallion India Fluorochemicals Limited (SIFL), a leading forward integrated player in refrigeration and industrial gas operates as a critical link in the industrial gas supply chain, focusing on processing, blending, and distributing specialized gases across multiple sectors, has announced its unaudited financial results for the Q1 FY26-27.

The service, officially called the China-Europe Arctic Express and branded by the Chinese carrier as the 'Ice Silk Road', will sail along Russia's Northern Sea Route

The project involves an estimated total capital expenditure of Rs 7 crore, which will be financed through a balanced mix of long-term bank loans of about Rs. 1 crore and balance of about Rs. 6 crore from internal accruals. The expansion project is scheduled to be completed within period of approx. 8 months, with commercial production targeted for Q1 FY27-28.

At 14:30 IST, the barometer index, the S&P BSE Sensex tanked 212.72 points or 0.27% to 77,797.27. The Nifty 50 index lost 37 points or 0.15% to 24,329.

Kernex Microsystems (India) Ltd, Thomas Scott India Ltd, Solex Energy Ltd and Spice Lounge Food Works Ltd are among the other losers in the BSE's 'B' group today, 17 August 2026.

Large currency speculators in the US dollar futures continue to hold around a three and half year high, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net long position of 21409 contracts in the data reported through August 11, 2026, marking a slight decrease of 1090 net positions compared to the previous we

The Supreme Court on Monday refused to interfere with the Election Commission of India's decision to fix 2002 as the base year for the Special Intensive Revision of electoral rolls in Sikkim. A bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana dismissed a PIL filed by 'Sikkimese Mulniwasi Surakacha Sangh', an NGO, seeking a direction to the poll panel to consider 1993 as the base year instead of 2002 for the ongoing Special Intensive Revision (SIR) exercise in the state

The Supreme Court on Monday asked a court-appointed Special Investigation Team (SIT) probing the alleged embezzlement of donations at the Ram temple in Ayodhya to complete its investigation expeditiously and take it to a logical conclusion. A bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana directed the SIT to file its status report in a sealed cover on the progress made in the investigation into the donations theft case. The bench also asked the SIT to consider object

The deal that US President Donald Trump signed at Versailles in June set an ambitious 60-day deadline for ending the war with Iran and reaching an accord on its nuclear program. The deadline was Monday, and the two sides are further apart than they were then. Talks, such as they are, have focused on reopening the Strait of Hormuz and lifting a US blockade on Iran, both of which were supposed to have happened under the interim deal. There has been no sign of any compromise on the strait, or that

India's telecom equipment sector could become a $50 billion export hub by 2035, while chemicals, textiles and solar PV offer further manufacturing opportunities

PTC Industries reported a 465% YoY surge in PAT at 29.20 crore, backed by 97% increase in revenue from operations to 192 crore in Q1FY27.

The bank plans to sell a benchmark-sized three-year US currency note and is holding calls with fixed-income investors starting Monday

Schneider Electric Infrastructure tumbled 11.18% to Rs 1215.40 after the company reported 69.8% drop in net profit to Rs 12.4 crore in Q1 FY27 from Rs 41.2 crore in Q1 FY26.

A 1.5 lakh Southeast Asia holiday can quietly become more expensive if you get the currency part wrong.

RBI has brought forward the deadline for its special FCNR(B) swap window to August 31. Here's what it means

The ratings agency estimates that an integrated OMC's operating profit would turn negative at around $115 a barrel, assuming no further increase in petrol and diesel retail prices.

EMS added 2.50% to Rs 370.90 after the company announced the receipt of the lowest bidder (L-1) status awarded by Municipal Corporation Jodhpur for sewerage work.

Adani Power Ltd is quoting at Rs 203.3, down 0.95% on the day as on 13:19 IST on the NSE. The stock jumped 69.77% in last one year as compared to a 2.12% slide in NIFTY and a 12.23% spurt in the Nifty Energy index.

L&T Energy Hydrocarbon Offshore (LTEH Offshore) will undertake the engineering, procurement, construction, installation and commissioning (EPCIC) of offshore facilities

The jewellery maker said the inclusion will broaden its visibility among institutional investors, while it also reported positive operating cash flow and continued focus on profitable growth

The Supreme Court on Monday asked the Centre to clarify whether courts are precluded from granting fair and just compensation under the SHANTI Act in case of a nuclear accident. A bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana said it was issuing limited notice and also asking the Centre to clarify whether there was any conflict of interest in appointing members to the regulatory body under the SHANTI Act. The top court was hearing a plea filed by a group of petition

The benchmark indices continued to pare losses in afternoon trade as investors continued to assess the slew of latest corporate earnings announcements. The Nifty traded near the 24,350 mark. Metals, realty and private bank stocks advanced while pharma, FMCG and IT shares declined.

BSE fell 2.62% to Rs 3,356.70 after a foreign brokerage downgraded the stock to 'underperform', citing concerns over lower trading volumes and the impact of the Closing Auction Session (CAS).

Junior doctors across government hospitals have escalated their protest over a 30% stipend hike, retirement age and faculty recruitment norms

James Webb Space Telescope observations reveal a mysterious object from the early universe that may be a black hole wrapped in a vast, star-like envelope of gas

The US Ambassador to India will deliver a special address at the IACC National Convention 2026 in Mumbai, with technology, investment, supply chains and economic cooperation on the agenda

Equirus Securities in its report 'India's Road to a $20 Trillion Economy' has proposed a 20-point reform agenda across five areas.

Tamil Nadu Chief Minister C Joseph Vijay on Monday announced full waiver of cooperative farm loans upto Rs 75,000. He further annouced a waiver upto Rs 75,000 for loans ranging between Rs 75,000 and Rs one lakh. Emphasising that agriculture is the backbone of the state and that the prosperity of the nation depended on supporting farmers, he said despite the state facing financial constrains, his government decided to extend additional support of Rs 953.06 crore to farmers. Making an announcement

For deployment from home to grid

Gurugram (Haryana) [India], August 17: Bata India, India's most trusted footwear today announced its financial results for the quarter ended June 30, 2026, reporting revenue of Rs. 9,789 million, reflecting a ~4% year-on-year growth over Q1 FY26. PAT for the quarter stood at Rs. 637 million, compared with Rs. 517 million in the corresponding quarter last year, a growth of over 23%.

Of the thousands of lawsuits Meta faces over child safety on its platforms, none may be more consequential than one going to trial this week in California. US states are seeking extensive financial damages that could, in theory, total as much as USD 1.4 trillion, plus changes to how the company operates Facebook and Instagram. The lawsuit accuses the social media giant of contributing to the youth mental health crisis by knowingly and deliberately designing features that get children addicted to