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Showing posts from August, 2026

PM Modi meets 20 space startup CEOs, urges wider use of space tech for public benefit

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India Expecting Growth In Space Sector From $8 bn to $44 bn by 2033: INSPACe head from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/NibC3hr >

HDFC Bank raises record $1.8 billion via dollar bond issue

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/2e8nutO >

61.5% of women taking up G RAM G work shows positive indicator of rural livelihoods

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/W3Ppay7 >

For 1st time in a decade, India to import 10 lakh tonnes of sugar

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Faces Possible 20% Decline In Opening Stock Of Sweetener from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Hp7VDfU >

Oil price today: Crude remains above $90 as Hormuz operations remain disrupted

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Oil prices have settled at elevated levels, staying above ninety dollars per barrel. Investors are weighing the unpredictable US-Iran situation and the potential impacts on shipping routes through the Strait of Hormuz. While intermittent Middle East assaults bolster market sentiment, the absence of further escalations keeps a lid on price surges. Additionally, the UAE's suspension of financial transactions with Iran has raised regional tensions. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/CcdW6Fg >

It’s a first for Tata Sons: AGM adjourned for lack of quorum

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Regulatory Action Deprives Holdco From Transacting Biz from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/udE4nvj >

Today’s Tata Sons AGM likely to be adjourned; board meets mid-Sept

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/StwvaqJ >

Tata Power, IIT Bombay ink long-term clean energy research pact

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Z2lX6Qx >

JP Morgan targets bigger M&A role

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Before Chandrasekaran's exit, he and Noel Tata separately briefed govt on rift, concerns

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/g9ozBWX >

From GST reform to GCCs: How India can become a $20 trillion economy by 2036

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India could reach a $20 trillion economy by 2036 with reforms. Services will drive this expansion, contributing over 65% of the GDP. A 20-step reform agenda targets taxes and capital markets for efficiency. Global capability centers and tourism offer significant growth opportunities. Successful execution of these measures is crucial for achieving the target. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/fa5iV8m >

India’s engineering exports surge to $13.77 billion, Niti Aayog calls for regulation

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Over the past decade, India's engineering services exports have skyrocketed, registering a remarkable compound annual growth rate of 22.8 percent. Despite this impressive growth, the sector currently suffers from a lack of a robust regulatory framework. Niti Aayog has proposed the establishment of a central statutory framework specifically for construction and infrastructure engineers, as well as the inclusion of architects and engineers as allied professionals in this initiative. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/lMQRrTj >

Berkshire Hathaway reshuffles portfolio, raises Alphabet and homebuilder stakes

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Berkshire Hathaway is undergoing a notable transformation in its investment approach. The company has notably augmented its investments in Alphabet and US homebuilders, while simultaneously diminishing its stakes in various financial firms and other stocks. Additionally, Berkshire has completely divested from Constellation Brands within the quarter, indicating a thoughtful reallocation of its investment portfolio. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/VPTF0uR >

Now, tax amnesty for undisclosed foreign assets

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/LqVw06o >

With $52.3 billion raised, FCNR(B) scheme to close a month early

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/auKXTQ9 >

Tata Trusts kicks off process to pick Chandrasekaran’s successor

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/kqZsBWb >

‘Rs 29,000 cr challenge’: Tata Sons’ new chief needs to deal with 3 major cash losers

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/hs0jcfg >

Food prices push up retail inflation to 4.45% in July

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Food Inflation Rises To 5.52% From 5.32% A Month Ago from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/rtLovTc >

Who next? Tata Steel MD’s name does the rounds after Chandrasekaran steps down

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'Not prepared', P 26 from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/5YAnlU1 >

4G phones get a lifeline as entry-level 5G prices rise

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/vocCWBw >

Govt: No policy stops airports from taking airline stakes

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/tIufxyL >

West Asia war fallout: Oil product exports find many new markets

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/K3dq7UB >

SpaceX retail investors turn net sellers for first time since IPO; offload $4.5 million worth of shares

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Retail investors turned into net sellers of SpaceX shares as of August 7, marking the end of a buying frenzy. This change coincided with a stock price recovery, indicating that individuals may be taking profits. The shares have struggled post-IPO, dropping beneath the initial offering price. Investors who were hopeful at the launch might now be looking to reduce their losses, even amidst a slight recovery in recent days. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/tpjkPO3 >

CERT-In: Cyber threats for fin, healthcare stay elevated

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/oZbDC2Y >

LIC chief flags pressure of global turmoil on industry

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ckK8rdv >

No going back on strategic sale of PSUs, ministries told

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/FUC6l24 >

As demand shoots up, banks strengthen gold loan muscle

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZnDUcOq >

Centre weighs 200% increase in foreign investment approval threshold

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India's government is considering raising the foreign investment approval threshold significantly. This move aims to attract larger overseas investments and simplify the process. The current Rs 5,000 crore limit has been in place since 2015. Changes to downstream investment rules are also being explored to facilitate capital. These efforts are part of a broader strategy to boost economic growth. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/EUsj2iV >

Market recap: Four of top 10 firms add Rs 1.43 lakh crore; SBI bags biggest gains

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Dalal Street wrapped up last week on a high note, showcasing impressive gains among leading firms. State Bank of India saw a remarkable surge in its market value, joining industry giants Reliance Industries and TCS, which also experienced robust growth. Conversely, several other major companies faced decreases in their market valuations. Despite some volatility, overall market indices noted steady gains as the week closed. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/5X1kH9K >

India’s markets have strong domestic cushion, but global risks loom: Sebi

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India's economy is poised for substantial growth in 2026-27, driven by strong domestic demand and increased government spending. While this positive outlook is promising, external factors such as the ongoing Middle East conflict and fluctuating oil prices present significant risks. Additionally, last year saw a historic exodus of foreign investment from Indian equities, but favorable domestic conditions may help mitigate these global challenges. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/weq3sSK >

After years, government looks to revamp investment treaty

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/7AD9jmZ >

Oil prices rise 1% as Middle East conflict continues Hormuz shipping disruption

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On Friday, oil prices experienced a modest rise amid shipping uncertainties in the Strait of Hormuz. Traders exhibit caution regarding transit through this critical route. Meanwhile, US President Donald Trump hinted at a potential resolution to the ongoing conflict. Additionally, Iran and Oman are exploring new transit options for the waterway. As developments unfolded, market trends reversed previous declines. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/c0qeDnJ >

RBI: Defaulters’ devices can be locked gradually

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/KO1zovJ >

Government mops up 31.5k cr from LIC share sale

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The government has successfully divested a 6.5% stake in LIC, generating an impressive Rs 31,552 crore. The strong demand during the offer for sale led to shares being priced at Rs 383.69 each. This monumental fundraising achievement marks the largest public offering in the history of the Indian stock market. Following this divestment, public shareholding in LIC has reached 10%, showing a significant advance ahead of the expected timeline. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/UIQHWfD >

MDR to help fintechs recover costs, boost their IPO hopes

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/yCwUNk3 >

Govt ups LIC offer size, OFS India's biggest

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The government has announced an extra four percent sale in LIC’s offering, responding to considerable interest revealed by a 3.3 times subscription on day one. This strong demand from institutional buyers led to the exercise of the green shoe option, anticipating a total raise of roughly Rs 31,400 crore from this share sale. Retail investors can participate by bidding on the last day. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/KLYHhkT >

21-yr gold quest: Expand mining, make India export hub

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In a groundbreaking announcement, the World Gold Council has introduced an extensive twenty-one-year roadmap for India's gold industry. This plan focuses on ramping up local mining efforts while establishing India as a premier jewelry hub. It also envisions increased integration of gold in high-tech sectors and financial systems, encouraging households to leverage their gold assets, ultimately supporting India's ambition to become self-reliant and economically robust. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/muDMXTG >

Airtel Q1 profit jumps 37% to Rs 8,167 crore

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Bharti Airtel reported a significant profit increase of 37.3% in the first quarter. This growth was fueled by higher mobile tariffs and strong customer additions across businesses. Revenue also saw a substantial rise of 18.4% during the same period. The company's average revenue per user increased to Rs 264 from Rs 250 a year ago. Airtel Africa's stake increased to over 79% reflecting growth potential. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/58ihfbI >

Low-cost Asean imports worry medical device companies

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Low-priced medical device imports from China and Malaysia are impacting India's domestic manufacturing capabilities. Imports from Asean countries have increased significantly, affecting local players. Chinese products often enter India through Asean nations, exploiting free trade agreements. Domestic companies are finding it difficult to compete, despite government incentives. Urgent renegotiation of trade agreements is needed to protect local industries. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/D9RP0SN >

ICICI’s add-on for post-accident hassles

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/DLQP5CA >

Ex-British Airways CEO takes charge at IndiGo

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/nvWFc93 >

Sensex jumps 544 pts on hopes of Gulf peace talks

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Nifty also saw a significant rise in the last twenty minutes of trading. The Indian rupee remained nearly unchanged against the US dollar. Dollar demand from importers and state-run banks increased during the session. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/AVuXUzI >

West Asia war uncertainty keeps businesses on edge

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Businesses face significant cost management challenges due to ongoing West Asia conflict. Commodity inflation and freight charges create persistent planning uncertainties for companies. This instability may lead to postponed capital deployment and fewer new job additions. Consumers can expect widespread price increases across various products and services. Companies are considering further pricing interventions to manage margin impacts. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/vFQHJy6 >

July GST collections up 15.4% to Rs 2.1 L cr on higher imports

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Goods and Services Tax collections rose 15.4 percent to Rs 2,11,205 crore in July. This increase was largely due to a 29 percent jump in integrated GST on imports. Strong economic activity and higher commodity prices also contributed to the robust tax collections. Central GST mop-up increased 12.3 percent while state GST grew 8.7 percent. Net collections after refunds went up 15.8 percent, reflecting continued economic resilience. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/T7LvyI0 >

Zepto to delay IPO by 2-3 qtrs, CEO tells staff

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Zepto will delay its public listing by two to three quarters. The quick commerce startup faced tepid investor response on its valuation. Domestic investors offered valuations significantly lower than its last funding round. The company now seeks Rs 1,000 crore in pre-IPO funding. Zepto aims for a lower valuation of around $4-4.5 billion for this investment. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/x9TGMVO >

Sebi bars Zee’s Chandra, Goenka from market for 1 year

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Sebi has banned Zee group's Subhash Chandra and Punit Goenka for one year. They fraudulently pledged Zee Entertainment Enterprises land parcels as security for personal loans. Chandra and Goenka misused their positions, risking the company's assets for personal gain. The regulator also imposed fines on Chandra, Goenka, and the company for these fraudulent acts. This action was taken after a thorough investigation into the 2018 transactions. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/WjdE4Fc >

Gold loans jump 94% y-o-y, fuel bank credit growth in Q1

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Gold loans fueled a significant acceleration in bank credit during Q1FY27. This segment expanded by 93.8% year on year, adding substantial value. Overall bank credit also saw robust growth, crossing a significant milestone. Credit to industry recorded its highest first-quarter expansion in recent years. Vehicle loans and medium enterprises also showed strong performance. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/qsAMCoO >

Moody’s assigns Baa2 rating to RBL Bank, 1st for lender

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/OGobuIE >