GST must be fuelled by domestic production, not inflation or imports

Rajiv Kumar said large banks such as HDFC Bank are bound to face issues from time to time, but what matters is resolving them promptly.

Industry executives and analysts say supply from regulated monkey farms remain broadly stable.

Due to purported ties to Iran, the US had previously imposed sanctions on the business and the two aircraft. 

Exchange urges investors and brokers to understand the Closing Auction Session, saying it plays a key role in price discovery, index closing values and derivatives settlement.

Directed by Destin Daniel Cretton, Spider-Man: Brand New Day stars Tom Holland in the lead role as Peter Parker.

REITs are often mistaken for fixed-income products due to their regular payouts, but they carry equity-like risks. Their returns depend on rental income, occupancy and property cycles, making them a diversification tool rather than a substitute for debt investments.

The Indian tax law does not provide any special exemption or relief for losses or gains arising solely due to depreciation of the Indian rupee against the foreign currency during the investment period.

The decision was announced by the Health and Family Welfare Department, which said the ban has been imposed under the provisions of the Food Safety and Standards Act, 2006, after food safety authorities detected substandard analogue or artificial dairy products during inspections and laboratory testing across the state.

The Bank Nifty index sees 57,700-57,500 levels as the immediate support zone as per analysts.

Demis Hassabis becomes chief scientist, relinquishes DeepMind CEO role; Jeff Dean and other key engineers leave to found new startup; moves follow departure of two star researchers to AI rivals

With the addition of these 11 FTOs, India’s annual pilot training capacity is expected to increase by 750 cadets, providing a significant boost to the domestic training ecosystem

In the analyst call, senior executive of ONGC stated they expect oil prices to hover at about $75 per barrel, which would also make it ideal to pursue deepwater exploration

Under the plan, cooking and natural gas storage infrastructure would be financed through levies on ‌users ⁠that could raise about $1.5 billion annually, the two sources said

The e-commerce software company beat Wall Street estimates on earnings, revenue and gross merchandise volume.

Business activity rose at the weakest rate in 53 months

As India’s investments in renewable energy, power infrastructure, telecom and emerging technologies continue to accelerate, we are well positioned to capitalise on these opportunities

The government has introduced a Bill in Parliament that will allow it to notify the kinds of transactions that can attract such a charge. So far, UPI has been free for merchants and customers

UPI users may remain unaffected even if Merchant Discount Rate is introduced, according to Bernstein. The brokerage expects large merchants to bear a 30-40 bps fee, while small merchants and low-value transactions may remain exempt. RBI Governor Sanjay Malhotra says it is too early to comment.

Robotaxi operators are still subject to regulatory scrutiny over safety, especially how they handle emergency situations and interact with other drivers.

The company did not disclose a timeline for developing its custom chips or clarify whether it plans to manufacture them itself.

The U.S. formulations revenue increase was primarily driven by volume gains and new launches, partially offset by no transient product sales; Europe formulations revenue driven by robust performance across all key market.

Jana Nayagan continues its steady box office run in India with consistent second-week collections.

The US Treasury has announced it will keep its issuance of both coupon and floating-rate notes consistent for the upcoming quarters. This strategy aims to alleviate worries around yield increases and inflation. Analysts suggest auction sizes will hold steady until next year, with a projected $125 billion in notes to be sold next week, reflecting robust market demand for Treasury bills.

Sundar denies all allegations, links complaint to an ongoing property dispute with a Tamil Nadu police officer as police investigate the case.

The Securities and Exchange Board of India (Sebi) has concluded adjudication proceedings against Raghav Raj Kanoria, managing director of India Power Corporation. Kanoria has agreed to pay a settlement sum of Rs 24.7 lakh to settle allegations concerning misstatements in financial records for two fiscal years. He resolved the issue without admitting to any wrongdoing, leading to the conclusion of the proceedings.

The objective is to serve growing worldwide demand for sterile APIs used in microparticle depot products and other complex sterile APIs

Tehran said a joint statement with Oman is in the "final drafting stage" and will be issued if third parties do not interfere.

Market experts shared their insights on fundamentals and technical levels for key stocks.

“Markets may stabilize, but a durable bull cycle requires stronger earnings recovery and consumption revival”

US moves to curb Chinese robotics imports as artificial intelligence competition broadens beyond software.

PB Fintech reported a 92% year-on-year rise in Q1FY27 consolidated profit to Rs 163 crore, driven by robust insurance premium growth, higher operating revenue and improving margins. Operating revenue rose 40%, while total insurance premium increased 41%, supported by strong protection and health insurance demand.

Insidious: Out of the Further is scheduled to release on August 21, 2026.

Track Q1 FY27 earnings live as Power Grid, Biocon, Aurobindo Pharma, PB Fintech, Whirlpool India and 130+ firms announce June quarter results, guidance and key updates.

Meta tells NDTV its global affairs chief apologised to the IT minister as scrutiny over the platform intensifies

Media outlets such as Axios, CNN and The Verge are jostling to gain more readership in a busy news cycle, putting pressure on publishers such as NYT.

The Rs 1,800-crore Juniper Green Energy IPO received strong demand during the issue period, with the offer subscribed 7.97 times on the final day of bidding on Monday.

"It was organised, directed and used to create a path to power outside ballot box," Sheikh Hasina said.

Purja was killed along with nine members of his expedition in an avalanche on Broad Peak in northern Pakistan on July 30.

Uber’s strong second-quarter growth was overshadowed by a weak outlook, sending shares down 6% as the company ramps up autonomous-vehicle investments.

The two-time Olympic medallist said the academy aims to nurture young sporting talent and inspire the next generation.

Interest rates on fixed deposits differ significantly among banks. Investors should consider factors such as bank reputation and financial goals when choosing deposit options with varying maturities.

With an estimated Rs 8.34 crore on Wednesday, Spider-Man: Brand New Day has taken its India net total to Rs 311.59 crore, continuing its strong run at the domestic box office.

RBI has also decided to review the guidelines on concentration risk management of rural co-operative banks

Zerodha founder says structural issues, not the Closing Auction Session, are behind sharp end-of-day market moves

Even with the moderation in hiring, the report showed wage growth for those who switched jobs picked up to the strongest pace in nearly a year.

Positive investor sentiment has translated to a rally in the indices after US Treasury Secretary Scott Bessent said Washington made headway in negotiations with Iran and Oman to permit more ships to cross the vital Strait of Hormuz

Due to expenses associated with commercial activity during the quarter, Lilly reduced the upper end of its full-year profit expectation.

Passengers booking eligible domestic flights can win refunds of up to Rs 10,000 under the limited-period anniversary offer.

Sensex rose 152 points to close at 78,581 on Wednesday, with six BSE 100 stocks scaling fresh 52-week highs. TVS Motor, Paytm, JSW Steel, Samvardhana Motherson, Shriram Finance and Pidilite Industries reflected strong momentum, sustained buying interest and improving investor sentiment.

The company posted a consolidated net profit of Rs 16.1 crore in the June quarter, compared with Rs 85.5 crore in the corresponding quarter last year.

During his decade-plus tenure as CEO of Ethiopian Airlines Group, Gebremariam spearheaded a multi-billion-dollar expansion

“His unique strength lies in managing complex operational landscapes, driving cultural transformation, building competitive global hubs, and developing world-class MRO (Maintenance, Repair, and Overhaul) and aviation training infrastructure,” a press statement from Air India said about Mr. Gebremariam

The Income Tax Department has released the Excel utility for ITR-6 for AY 2026-27. The utility is now available on the e-Filing portal. The form is applicable to companies that are not claiming exemption under Section 11 of the Income Tax Act.

PB Fintech revenue saw a 40% uptick to rise to Rs 1,888 crore, compared to Rs 1,348 crore.

Cash optimisation apps allow you to park unused money in liquid mutual funds or fixed deposits, delivering higher yields than standard savings accounts.

More than 40 businesses from financial services, energy, water, utilities, telecommunications, aviation, railroads, and other vital infrastructure sectors that significantly depend on technology are included in the outreach, which began in July

Sensex ended at 78,581 and Nifty ended at 24,624.65

Biocon Q1 profit surged 348% to Rs. 141 crore as revenue rose 10% to Rs. 4,336 crore. Biosimilars and generics led growth, while EBITDA margin remained stable.

Twelve states have already digitised their land records and others are doing it. More governments show interest in using CBDC and ULI

Indian government bonds surged on Wednesday, with yields falling below important levels. The Reserve Bank of India decided to keep the repo rate steady, in line with anticipated market outcomes. A drop in oil prices helped ease inflation fears, supporting the economy. This favorable policy not only uplifted bond markets but also stimulated capital inflows, resulting in reduced overnight index swap rates.

Exchange accounts for nearly the entire Closing Auction Session turnover as total CAS value nears Rs 1,400 crore

MV Electrosystems and Juniper Green Energy will debut on the exchanges on August 6 with contrasting listing expectations. MV Electrosystems commands a strong grey market premium after robust IPO demand, while Juniper Green Energy’s modest premium reflects limited listing gains despite healthy institutional interest.

The margin compression suggests that higher input costs, an unfavourable product mix or increased operating expenses weighed on earnings despite the strong sales growth.

Netflix has officially renewed Musafir Cafe for Season 2, bringing back Vikrant Massey and the lead cast.

Representatives of Meta and other platforms told the government that they have robust content moderation mechanisms, including automated detection tools, human review systems and fact-checking processes.

The partnership builds on her previous association with Warner Music India, which released and distributed her single Saawan in 2024.

Beijing’s measures include suspending factory follow-up inspections by Chinese certification bodies, blacklisting U.S. compliance testing companies, and launching national security investigations into imports of office printers and copiers, according to the Commerce Ministry

The strong margin expansion outpaced revenue growth, suggesting better cost management and higher profitability across key business segments.

Track Q1 FY27 earnings live as Power Grid, Biocon, Aurobindo Pharma, PB Fintech, Whirlpool India and 130+ firms announce June quarter results, guidance and key updates.

The board approved pursuing a reinsurance business through a subsidiary to be incorporated, subject to regulatory approvals from the Insurance Regulatory and Development Authority of India (IRDAI) and other authorities.

Order pertains to products manufactured at a third-party facility in Madhya Pradesh; company says it is assessing the matter

At the interbank foreign exchange, the rupee opened at 94.90 against the greenback and traded in a tight range of 94.89-95.25 during the session; it eventually settled at 95.15, higher by 13 paise from its previous close

The EPFO is expected to launch E-PRAAPTI by the end of August to help members recover money lying in old or inactive PF accounts. The Aadhaar-based portal aims to simplify account tracing, reduce paperwork, enable UAN linking, and make claims faster through a digital process.

The video prompted several users to share similar experiences. Some alleged fare glitches, demands for additional payments, and inadequate responses from customer support.

Legacy tech companies with strong integration knowledge are reaping the financial advantages instead of new frontier model developers gaining all the value

“The way we faced these challenges gives us the confidence that come what may, we will emerge stronger from each episode.”

Adjusted EBITDA jumps 24%, while lower shipments reflect lingering impact of Oswego plant disruption

The Transport Department has instructed RTOs to continue registering cases against bike taxi operators found to be operating without the required permissions.

Paul Tudor Jones said failure leaves lasting lessons that strengthen judgment, resilience and decision-making. He urged investors and professionals to embrace setbacks as learning opportunities, arguing that long-term success often comes from adapting, persisting and making wiser choices after mistakes.

How will the stake sale benefit the government? What triggered the OFS and is it the right time? What has been the response? How will small investors gain from this sale?

New framework allows export-only inventory-based e-commerce through registered entities, aiming to boost MSME access to global online markets with tighter compliance safeguards.

LIC’s retail offer for sale attracted strong investor interest, with the base retail issue subscribed 1.82 times. The government’s 6.5% stake sale follows robust institutional demand and will help the insurer move closer to Sebi’s minimum public shareholding requirement.

Indian benchmark indices ended marginally higher on Wednesday, with the Sensex rising 152 points and the Nifty closing above 24,600. Market volatility eased as India VIX fell 1.5% to 12. Stock-specific action dominated trade, while investors remained focused on earnings, global cues and upcoming macroeconomic developments.

The Scorpio-N keeps using its current engine lineup. The 2.0-litre turbocharged engine for petrol and the 2.2-litre unit for diesel are both available in 2WD and 4WD variants with manual and automatic gearbox options.

As of now, there are no immediate reports of casualties, injuries, or structural damage, though local authorities are monitoring the situation.

The Moto G Max 5G is currently available in select international markets with a price tag of BRL 2,519.10 (roughly Rs. 47,000)

The ban came into effect immediately following an order issued on July 30 by Food Safety Commissioner Tukaram Mundhe.

Mahhi Vij, Geeta Basra, Jannat Zubair, Faisal Shaikh (Mr. Faisu), Sunil Pal, Nia Sharma, Pearl V Puri and Showik Chakraborty are among the rumoured contestants, according to media reports,

Indian equity benchmarks Sensex and Nifty ended higher on Wednesday after the RBI MPC maintained interest rates and raised the FY27 GDP growth outlook. Despite early upswings, markets trimmed gains due to rising crude prices and West Asia tensions. Auto and realty stocks outperformed, while IT shares faced selling pressure.

The move comes amid an aggressive statewide enforcement drive led by FDA Commissioner Tukaram Mundhe, under which officials have carried out inspections at hotels, restaurants, clubs and food establishments.

Revenue and operating profit post double-digit growth, while EBITDA margin expands to 17%

The Nifty 50 closed 9.75 points, or 0.04%, higher at 24,624.65. The Sensex gained 152.05 points, or 0.19%, to settle at 78,581.

Police search Starbucks Korea headquarters as probe widens into marketing campaign that triggered a nationwide backlash.

Whirlpool shares fell around 4% after the company reported a 29.5% year-on-year decline in Q1 net profit to Rs 103 crore.

While business and professional filers of ITR-3 and ITR-4 get more time, even those who missed the 31 July deadline get a chance to file a belated ITR, though with a penalty.

Bitcoin stabilised above $64,000 as easing geopolitical tensions, lower oil prices, softer US Treasury yields and a weaker dollar improved risk appetite. Ethereum lagged the recovery, while analysts said weak institutional flows and cautious positioning continue to limit crypto gains.

“We are still at a pilot [stage]. We will test, check as to how they [the polymer notes] perform in the Indian condition, climate and other infrastructure we have put in place,” Sanjay Malhotra said

This season introduces Bigg Boss Agnipariksha, a 15-day digital pre-show in which shortlisted commoners will battle for a chance to enter the Bigg Boss Telugu 10 house. It is expected to begin on August 15.

European stocks advanced on Wednesday, driven by U.S.-Iran diplomatic talks. Mining companies led the rally as geopolitical concerns eased for investors. Novo Nordisk shares fell despite an improved outlook due to drug trial setbacks. Sandoz surged on strong second-quarter net sales, boosting healthcare stocks. Siemens Energy also gained following record third-quarter results and robust demand.

Early loan repayment reduces interest costs but may not immediately improve credit scores. Experts explain how timely payments, credit utilisation, debt management and responsible borrowing habits play a bigger role in building a strong credit profile.

Whirlpool of India reported a 29.5% decline in Q1FY27 consolidated net profit to Rs 103 crore despite a 12.1% rise in revenue to Rs 2,727 crore year-on-year.

Operating performance remained largely stable. EBITDA slipped 0.9% to Rs 215 crore from Rs 217 crore a year ago, while the EBITDA margin narrowed to 12.1% from 12.8%.

The second season, Vadhandhi: The Mystery of Mani, is written and directed by Andrew Louis, who also helmed the first season.

SpaceX reported a strong debut quarterly performance as a public company, with revenue surging 92% year-on-year to $7.8 billion in the April–June quarter, driven by robust growth in its Starlink and AI businesses. Despite the strong earnings, the stock fell in after-hours trading as investors reacted to a sharp rise in capital expenditure and concerns over upcoming IPO lock-up expirations.

Despite a recent recovery, several Nifty50 heavyweights continue to trade well below their 52-week highs. Data from ACE Equity shows 12 blue-chip stocks remain 20–35% below their peak levels, highlighting pockets of weakness amid ongoing market volatility.

Track Q1 FY27 earnings live as Power Grid, Biocon, Aurobindo Pharma, PB Fintech, Whirlpool India and 130+ firms announce June quarter results, guidance and key updates.

Midcap Stock Under Rs 50: The Noida-headquartered Motherson Sumi Wiring reported a rise of 1.6% in its net profit to Rs 145 crore, compared to Rs 143 crore in the corresponding period last year.

The jump comes after US President Donald Trump said that Iran is "moving along very nicely" and indicated that more clarity on the situation could emerge within the next 48 hours.

Banerjee sought permission to travel abroad for eye treatment but the bench observed it saw no reason for him to leave the country when the required medical procedures were available in India.

Consolidated net profit rose 28.8% year-on-year to Rs 85 crore, while revenue increased 52.4% to Rs 1,358 crore

Europe’s established technology companies are emerging as unexpected winners of the AI boom as enterprises move from experimentation to large-scale adoption. Companies such as SAP, Capgemini, Sopra Steria and OVHcloud are benefiting from rising demand for AI integration, cloud infrastructure, governance and data management. Growing concerns around security and data sovereignty are further boosting Europe’s enterprise technology ecosystem.

The RBI Governor stated that the next interest rate decision will be data-dependent, emphasizing the central bank’s focus on aligning headline inflation with the 4% target in the medium term

Market experts shared their insights on fundamentals and technical levels for key stocks.

Benchmark indices witnessed broad-based gains, with leadership gradually shifting back towards largecap stocks. Here are the top eight large-cap stocks listed by Axis Securities for August.

F&O traders need to understand turnover calculation before filing ITR. Check how futures and options turnover is computed, why it affects tax audit rules, ITR-3 filing, books of accounts, and compliance requirements before the August 31 deadline.

At least 17 people were killed and 44 were injured in overnight Russian strikes on Kyiv, Ukraine said. Zelenskyy sought more air defences and sanctions, while Russia claimed it intercepted 475 Ukrainian drones across its territory.

Beyond the Meta row, the standing Committee has issued a broader set of directions to online platforms and the government, according to the memo.

Actor Satish Nayakode alleged he was cheated of Rs 25 lakh in a fake SRA housing deal by a firm using forged documents. He said the year-long legal battle caused severe mental distress, prompting an appeal to authorities for justice.

Monarch Networth Capital has initiated coverage on Asian Paints, Colgate Palmolive India and Kansai Nerolac Paints, citing strong brands, extensive distribution and resilient domestic demand. The brokerage sees Kansai Nerolac offering the highest upside of 16.6%, followed by Asian Paints at 14% and Colgate at 7.7%.

AMD reported record quarterly revenue and earnings, driven by booming AI chip demand, but shares fell after results as lofty expectations triggered profit booking despite strong guidance and data centre momentum.

The third episode of Bleach: Thousand-Year Blood War Part 4 - The Calamity premieres from 8 p.m. IST on Saturday on JioHotstar and Anime Times.

Here are the key highlights from the Budget speech:

Broader markets rallied on Wednesday, with the Nifty Smallcap 250 gaining nearly 1% to hit a fresh 52-week high, supported by strong smallcap earnings and easing valuations. The index climbed close to its September 2024 record, while the Nifty Smallcap 100 also hit a fresh all-time high.

For Q1FY27, the company reported a consolidated net profit of Rs 29.7 crore, compared with Rs 5.2 crore in the corresponding period last year, marking an almost six-fold jump.

Bank of Japan policymakers expect consumer inflation to receive a boost in the second half of the fiscal year as companies prepare to raise prices across a wide range of goods. Minutes from the BOJ’s June policy meeting showed growing debate over the pace of monetary tightening, with some members favouring faster rate hikes as inflation pressures remain resilient.

Shares of Sterlite Technologies and HFCL rallied 5% each after reports that the US administration is considering restrictions on Chinese data centre equipment imports. The proposed curbs could impact optical transceivers used in AI infrastructure. HFCL’s planned ₹400 crore capacity expansion in optical fibre and cable manufacturing also gains attention amid rising demand from AI, data centres and telecom networks.

HSBC expects India to attract up to $25 billion in foreign equity inflows if global investors rebalance portfolios away from volatile AI-driven markets. The brokerage has identified 10 preferred stocks, including ICICI Bank, Titan, M&M and Adani Ports, citing strong earnings visibility, domestic demand and structural growth drivers.

Gadkari contended that the claims were false, fabricated and amplified through manipulated digital content, including AI-generated material.

The stock has gained around 9% over the past five trading sessions and 4% in the last one month. It is down 2.4% over the past six months and 31.3% over the past year, while remaining up 5.7% so far in 2026.

Axis Direct expects the Nifty to climb to 28,615 by December in its bull-case scenario, driven by a revival in private capex, resilient domestic demand and improving earnings. The brokerage remains overweight on BFSI, healthcare and capital goods, while cautioning that global risks and elevated valuations could trigger near-term volatility.

The Indian quick-service restaurant (QSR) sector is entering a favourable phase after a challenging period, according to Motilal Oswal Financial Services. The brokerage believes easing valuations, improving operational trends, and long-term consumption growth could support a recovery in QSR stocks. It remains selective in the space and highlights Jubilant FoodWorks, Sapphire Foods India, Westlife Foodworld, and Devyani International as key picks.

Molbio Diagnostics is set to launch its IPO on August 10, 2026, with a price band of Rs 768-807 per share. The Rs 939.70 crore public issue comprises a fresh issue of Rs 200 crore and an offer for sale (OFS) of Rs 739.70 crore by existing shareholders. The molecular diagnostics company plans to use the proceeds to expand R&D infrastructure, manufacturing capabilities, and strengthen its healthcare diagnostics portfolio.

The share price has risen 2.16% year-to-date and 13.06% in the last twelve months.

Indian Railways will cancel, divert or partially terminate 845 trains from September 21 to October 4 for NI work on the new Mokama Ganga rail bridge in Bihar. The project aims to boost capacity and ease congestion on key eastern rail routes.

Multi Commodity Exchange shares fell after reporting lower June quarter profit and revenue. Profit after tax declined twenty-two percent sequentially while revenue also dropped. However, profit surged one hundred three percent year-on-year with strong trading volumes. Operational milestones included significant growth in average daily turnover and active clients. MCX remains dominant domestically and a major global commodity derivatives exchange.

Millions of Indians have been forced into the near-impossible task of trying to prove they are who they say they are

In its earlier letter, auto industry SIAM had said that this kind of contamination had led to the corrosion of auto parts. However, in its clarification on Tuesday night, it said that its concerns had been addressed

DOMS Industries, Inox India and United Breweries, Orkla India are likely to remain in focus after ICICI Securities reviewed their June-quarter earnings, maintaining a constructive stance on all four stocks.

Das said the group wanted to take the movement to the grassroots given the scale of support it enjoyed on the ground.

Chinese equities climbed to a one-week high, led by semiconductor stocks, while Hong Kong shares edged higher. Improving global risk sentiment amid easing Middle East tensions also supported markets. Chip stocks gained after reports that Samsung Electronics and SK Hynix are evaluating Chinese chipmaking equipment to reduce exposure to potential tighter US export controls.

The e-commerce giant has partnered with Netflix to offer the streaming benefit as part of its loyalty programme, allowing users to enjoy Netflix without paying separately for a subscription or recharge.

Among the three, Alembic Pharma delivered one of the strongest performances.

MapMyIndia shares dropped sharply on Wednesday despite reporting healthy Q1 FY27 earnings, with revenue rising 15% and PAT growing 8.6% year-on-year. Strong growth in automotive and IoT businesses offset margin pressure from a one-time write-off and changes in product mix, while cash reserves continued to strengthen.

ICMAI has declared the CMA June 2026 Intermediate and Final results, with 7,885 candidates completing the Intermediate course and 4,220 candidates clearing the Final course. Candidates can access their results online through the official ICMAI portal.

Nuvama has initiated coverage on multibagger SME stock Aimtron Electronics with a Buy rating and Rs 2,036 target, seeing 30% upside despite the stock gaining 114% in the past year.

8th Pay Commission: Stakeholder consultations will be held in Jaipur on 31 August and 1 September. Central government and UT employee associations in Rajasthan can apply by 18 August using their Memo ID to participate.

Vedant Fashions reported a 14.7% year-on-year (YoY) increase in net profit to Rs 80.6 crore, while revenue rose 7.2% to Rs 301 crore.

Systematix Institutional Equities initiated coverage on Vedanta Aluminium with a Buy rating and a target price of Rs 598, implying 28% upside. The brokerage expects earnings growth to be driven by higher volumes, deeper backward integration and strong aluminium demand.

AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip demand. However, the stock fell after investors expected an even stronger outlook.

Us neither

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Google is expected to launch the Pixel 11 series in August 2026 with Tensor G6 chipset, upgraded cameras, Gemini AI features and Pixel Glow design. The lineup may include standard, Pro, XL and foldable variants.

SoftBank-backed OfBusiness is reviving its IPO plans, aiming to raise up to $800 million through a mix of fresh issue and offer for sale amid improving Indian market conditions.

Here is a brief overview of the MPC meet decisions for those who missed it

Protean eGov Technologies shares fell over 6% despite reporting a 19% year-on-year rise in Q1 FY27 revenue to Rs 251 crore. Profit slumped 75% due to upfront deployment costs and higher procurement expenses, while management highlighted strong growth in new initiatives and a robust, debt-free balance sheet.

Among the five stocks, Jain Resources offers the highest upside potential of up to 42% from the current market price, highlights Motilal Oswal.

Sensex and Nifty continued to diverge on Wednesday, with the Sensex gaining over 400 points while Nifty remained largely flat. The divergence comes amid caution following the introduction of the Closing Auction Session (CAS), which triggered sharp volatility in Nifty during Monday’s final minutes. Markets were also reacting to the RBI’s decision to keep the repo rate unchanged.

PNB Housing Finance shares gained after the lender reported steady Q1 earnings, supported by loan book expansion, stable asset quality and healthy capital position despite a modest decline in net interest margins.

MCX shares fell over 3% after the commodity exchange reported a 22% sequential decline in net profit and a 21% drop in revenue

The company informed exchanges that it has signed a memorandum of understanding with Axis Energy Ventures India Pvt. Ltd. to deploy 20 GWh of Battery Energy Storage Systems (BESS) by 2032.

Trump described talks with Iran as constructive, saying Tehran appeared eager to bring the conflict to a close.

Ashutosh Goenka says ₹500-crore target could be delayed by up to a year

Chinese optical stocks tumbled after a Reuters report said the Trump administration was considering a ban on U.S. imports of new Chinese data centre components. Export-focused firms led the decline, while domestic chipmakers gained. Analysts said the proposed move reflects escalating U.S.-China technology tensions and supply chain realignment.

MV Electrosystems is expected to list at around Rs 527 on Aug. 6, with the latest GMP indicating a 24% premium over its Rs 425 issue price.

A vision plan titled "Vetri Tamilagam" (Prosperous Tamil Nadu) is likely to be unveiled.

Japan’s Nikkei surged over 3%, led by AI-related stocks tracking Wall Street’s overnight rally. Strong corporate earnings and upgraded forecasts further lifted sentiment, while softer oil prices and lower US Treasury yields also supported markets amid hopes of an Iran-related deal.

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 99.80, down 0.06%

The RBI lowered its FY27 CPI inflation forecast to 5% from 5.1% as the Monetary Policy Committee kept the repo rate unchanged at 5.25%, while flagging risks from food and fuel prices, rainfall patterns and volatile global oil prices.

The 30-share BSE Sensex climbed 397.59 points to 78,826.54 in early trade. The 50-share NSE Nifty went up by 62.7 points to 24,677.60

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 99.80, down 0.06%

Gulf Oil Lubricants India delivered a record operational performance in Q1 FY27, driven by exceptional volume growth and strong execution amid a challenging operating environment of sharp input cost inflation and supply disruptions.

GE Vernova T&D India has scheduled a conference call on Friday, Aug. 7, at 16:00 PM (IST), to discuss the results for Q1FY27 with investors and analysts.

Deepak Nitrite shares climbed over 4% after the company reported a more than threefold jump in June-quarter net profit and strong revenue growth. Investor sentiment was further supported by a Rs 2,500 crore expansion plan, positive technical indicators and increased institutional ownership during the quarter.

Track Q1 FY27 earnings live as Power Grid, Biocon, Aurobindo Pharma, PB Fintech, Whirlpool India and 130+ firms announce June quarter results, guidance and key updates.

The governor said the central bank has seen resilience in domestic high-frequency indicators, while early June-quarter corporate earnings have also exhibited resilience.

Ola Electric shares surged after the company signed an MoU with Axis Energy to deploy up to 20 GWh of battery energy storage systems by 2032. The partnership is the first major tie-up for Ola Mahashakti, its upcoming energy storage platform set to launch on August 15.

AI computing deals and Starlink satellite growth fueled the results, the company said in a statement

Deepak Nitrite posted robust June-quarter earnings with net profit climbing to Rs 345 crore and revenue rising 36.4%

MPC unanimously decided in favour of the status quo on the policy interest rate with a neutral stance, said RBI Governor Sanjay Malhotra

The EPF officers body has asked the Labour Ministry to hire more experts for better service delivery, citing delays in claim settlements. With inadequate technical support and staffing, they stress the need for timely intervention. 

The EPF officers body has asked the Labour Ministry to hire more experts for better service delivery, citing delays in claim settlements. With inadequate technical support and staffing, they stress the need for timely intervention. 

Ray Dalio has sounded the alarm on the AI-fueled market rally, saying current conditions mirror previous bubbles, reminding investors that "wealth is not the same as money".

Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 20.9% to Rs 632.5 crore from Rs 523.3 crore in the corresponding quarter last year, although the margin contraction weighed on investor sentiment.

HSBC says India could attract up to $25 billion in foreign equity inflows if underweight global emerging-market funds restore allocations to neutral. Improving earnings, resilient domestic demand and lower relative volatility strengthen the case, with the brokerage favouring financials, autos, retail, hospitals and select industrial stocks

Manipal Health Enterprises IPO which is priced in the range of Rs 590 per share, values the company at more than Rs 77,600 crore at the upper end of the price band.

Stats NZ figures released Wednesday showed the seasonally adjusted unemployment rate climbed to 5.6% in the June 2026 quarter, up from 5.4% in March and the highest level since March 2014.

The shares fell to a low of Rs 846.85. As of 9:41 a.m., the stock pared some losses to trade 1.5% lower at Rs 861.70.

HSBC analysts believe the AI-led rotation away from India has "largely played out" and noted that more than 80% of active Global Emerging Market (GEM) funds remain underweight India.

Nykaa operator FSN E-Commerce Ventures saw its shares fall despite a strong Q1 FY27 performance. Consolidated net profit more than tripled to Rs 80 crore, while revenue rose 29% YoY to Rs 2,782 crore.

Gold and silver prices today, 5 August: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

The stock rose as much as 8.38% to hit a fresh 52-week high of Rs 1,138 per share. At 9:27 am, PNB Housing Finance shares were trading 6.97% higher at Rs 1,123.20 apiece. By comparison, the BSE Sensex was up 0.47% at 78,795.59.

Among large-cap ideas, Bharti Airtel and Kotak Mahindra Bank offer the highest upside potential of 28%, with target prices of Rs 2,530 and Rs 500, respectively.

Bharti Airtel shares rose 4% after the telecom major reported a 37% year-on-year jump in June-quarter net profit and an 18% increase in revenue. Brokerages remained bullish, with target prices implying up to 21% upside, driven by strong subscriber additions, higher ARPU and robust cash flows.

Bank Nifty futures gained ahead of the RBI policy decision as short covering emerged across several banking stocks, while HDFC Bank stood out with fresh short positions.

At present, third-party insurance for new cars is mandatory for three years, while new two-wheelers require five-year coverage. The Supreme Court had prescribed these periods in 2018.

The Indian stock market saw a rebound on Wednesday, with Sensex and Nifty 50 trading higher. Easing oil prices and strong foreign institutional investor buying boosted investor sentiment significantly. Bharti Airtel and IndiGo shares led the gains, while Titan experienced a slight decline. Broader markets also performed well, with midcap and smallcap indices showing gains. Several sectors contributed to the positive movement, with realty leading the advance.

As of 9:27 a.m., Nykaa pared some losses to trade 2.35% lower at Rs 334.45 on the NSE, as against a marginal rise in the benchmark Nifty index.

Here is a comprehensive roundup of all major DA and DR announcements made so far in 2026 across central government ministries, banking institutions, and state administrations.

Kalyan Jewellers will be in focus after reporting a 32% year-on-year rise in June-quarter consolidated net profit to Rs 348.7 crore, driven by strong sales. Revenue jumped 45.7% to Rs 10,588.9 crore, while EBITDA grew 24.5%. India revenue rose 38%, aided by robust same-store sales, as the retailer expanded its showroom network and maintained healthy customer additions.

In the currency markets, the rupee appreciated by as much as 46 paise to 94.92 against the US dollar. Meanwhile, the yield on the 10-year note fell as much as 3 basis points to 6.77%.

The court noted 22% of road accidents involve uninsured vehicles, defeating the purpose of mandatory third-party cover under Section 146 of the Motor Vehicles Act and leaving accident victims without timely compensation.

The Centre is considering raising the EPF wage ceiling from ₹15,000 to ₹25,000, subject to Cabinet approval. If notified, the move could bring more employees under EPF and increase future EPS pension payouts.

DLF, Marico, Godrej Properties, BSE, Emami, Century Plyboards, Nykaa, Symphony, Motherson Wiring, Kansai Nerolac, NOCIL and Prince Pipes are likely to remain in focus after HDFC Securities reviewed their June-quarter earnings and updated ratings and target prices.

The brokerage also expects LIC to be added to the FTSE indices after the transaction, which could result in another $200 million of passive buying.

ICICI Securities initiated coverage on seven public sector banks with upside potential. Bank of Maharashtra and Union Bank of India show the highest upside projections. Indian Bank also received a Buy rating and a target price. Punjab National Bank and Bank of India are rated Add with moderate upside. Canara Bank and Bank of Baroda are also rated Add with upside.

For most investors, early retirement means planning ahead. If one is planning to build an ambitious corpus such as Rs 10 crore, they may need to be more careful about their investment journey.

Several Nifty 50 stocks are now trading at significant discounts to historical averages. Bharti Airtel and Tata Consultancy Services show a 36% discount. Infosys trades at a 29% discount, while Apollo Hospitals is at 33%. Trent, the retail arm of Tata Group, is trading at a 27% discount. These sharp deratings present attractive opportunities for long-term investors.

EPFO has rejected a widely circulated advisory suggesting its e-Office application would be unavailable, saying it never issued or authorized the message

BSE reported a significant 62% profit jump and 63% revenue increase for the first quarter. Investment income also saw a sharp rise during the reported period. Analysts maintained positive calls but reduced price targets due to regulatory changes. Industry volumes declined, impacting profit estimates for upcoming financial years. BSE shares experienced a slight decline after the financial results were announced.

Five Nifty500 stocks surged over 4% on August 4 and formed the bullish White Marubozu candlestick pattern, signalling strong buying interest and potential upward momentum, according to StockEdge technical scan data.

Six Nifty500 stocks, including KEI Industries, SAIL, and Delhivery, featured in the RSI Trending Up scan on 4 August after gaining over 2 per cent. Crossing above the 50 mark signals strengthening price momentum, offering technical traders potential buying opportunities based on data from stockedge.com.

LIC’s equity investment strategy explained as the Finance Ministry reveals how the insurer managed policyholders’ funds in listed companies over five years, including risk checks, regulatory oversight, portfolio review and investment decisions based on business performance and future prospects.

From portfolio management services (PMS) and alternative investment funds (AIFs) to private credit, these asset classes offer the potential to enhance risk-adjusted returns, albeit with higher risk and lower liquidity.

Nykaa reported a sharp rise in first-quarter earnings, with net profit surging more than three-fold year-on-year, supported by robust revenue growth and strong margin expansion.

As he looked back at his career, Lesnar thanked God and everyone who supported him over the years.

More than 135 companies, including Power Grid, PB Fintech, Biocon and Aurobindo Pharma, will announce Q1 FY27 earnings on Aug. 5.

PVR Inox plans to open 300 affordable Smart Cinema halls in smaller Indian towns with tickets under $2 to attract new audiences and expand beyond major cities over three years.

Trump was aboard Air Force One en route to California when deputies announced the arrest, landing Tuesday evening to attend a Republican National Committee dinner at his Rancho Palos Verdes golf course.

While the near-term outlook remains clouded by inflation concerns and margin pressures, Rakesh Vyas, CIO & Portfolio Manager at Quest Investment Managers, believes the underlying earnings story for India remains firmly intact.

Taxpayers can file a revised return if they have made mistakes in their initial submission before the July 31 deadline. Know the due date and whether revising errors can lead to penalty. 

Taxpayers can file a revised return if they have made mistakes in their initial submission before the 31 July deadline. Know the due date and whether revising errors can lead to a penalty. 

The OFS opened for non-retail investors on August 4, and saw strong participation. The offer was oversubscribed more than 3 times its offer size. It now opens for retail investors today.

The OFS opened for non-retail investors on August 4, and saw strong participation. The offer was oversubscribed more than 3 times its offer size. It now opens for retail investors today.

Samsung Electronics unveiled advanced memory hardware with eight times the performance of next-gen HBM5, aiming to lead the AI memory market against SK Hynix and Micron.

Paramount had sought a trial in November in the hopes of minimising the cost of delays in the closing the transaction.

The company has fixed the price band at Rs 50–53 per share, offering investors an opportunity to participate in a business focused on lead recycling and non-ferrous metals, a segment that plays an important role in metal recovery and industrial supply chains.

24K gold price stood at Rs 1,44,280 per 10 gm and 22K gold was at Rs 1,32,257 per 10 gm at the pan-India level.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Coming to loans, personal loans increased by 13% in FY25 and FY26 which is softer versus the earlier years. Also, the recent resurgence in personal loans has been supported by the GST rate cut which is driving the demand for automobiles and the spike in gold price is driving the gold loans growth.

Oil prices found a footing on Wednesday following recent drops, as discussions aimed at reopening the Strait of Hormuz progressed. Traders are keenly watching the U.S.-Iran negotiations, knowing that an agreement could ensure the unhindered passage of commercial ships. Analysts warn that sustained disruptions could lead to significant hikes in oil prices, although some experts anticipate a decline by 2027.

Oil prices dipped again on Wednesday following as discussions aimed at reopening the Strait of Hormuz progressed. Traders are keenly watching the U.S.-Iran negotiations, knowing that an agreement could ensure the unhindered passage of commercial ships. Analysts warn that sustained disruptions could lead to significant hikes in oil prices, although some experts anticipate a decline by 2027.

Macquarie continues to see ONGC as attractively valued, citing expectations of higher production volumes over time, stronger gas realisations and an 8% dividend yield supporting its positive stance.

The RBI is widely expected to keep the repo rate at 5.25%, shifting attention to its inflation outlook, signals on future rate increases, the rupee and liquidity.

Gulf allies have also raised concerns that the shortage could hamper their own ability to intercept Iranian retaliation should US President Donald Trump choose to escalate the conflict further.

FSSAI says several rum and whisky brands are built on neutral spirit dressed up with artificial flavour, and wrongly labelled as aged

The safety framework, which has not been released yet and may remain private, was called for under an executive order signed in June by President Donald Trump aimed at addressing AI security issues.

Currency markets took a breather as the Japanese yen gained traction, influenced by recent intervention measures. Meanwhile, the U.S. dollar index lingered near its six-week lows, buoyed by positive developments in the Middle East. Falling oil prices alleviated concerns about potential supply disruptions, leading traders to adjust risk premiums and reassess expectations around Fed rate hikes. The focus now turns to forthcoming U.S.

Treasury yields declined on Tuesday as oil prices dropped significantly. This decrease followed reports of progress toward resolving the Iran conflict. Lower oil prices reduced inflation expectations and Fed rate hike forecasts. The two-year note yield reached its lowest point since late July. The benchmark ten-year yield settled at 4.62 percent.

Chipmakers saw their best four-day rally since 2020.

Dhoot Transmission has set the price band for its ₹3,067-crore IPO at ₹829–871 per share. The public issue will be open for subscription from August 10 to 12, with Axis Capital, Jefferies India, Kotak Mahindra Capital, Nomura Financial Advisory and Securities, SBI Capital Markets, and 360 ONE WAM serving as the book-running lead managers.

Asian stocks are set to track Wall Street higher as optimism grows. Prospects for an interim deal with Iran eased energy supply concerns significantly. This development has led to a slide in oil prices and reduced inflation pressures. Investors are now watching for further progress on reopening the Strait of Hormuz. This situation may strengthen the case for the Federal Reserve to keep interest rates unchanged.

Asian equities advanced after U.S. benchmarks extended gains, while hopes of progress towards reopening the Strait of Hormuz pushed crude prices lower.

Brent crude fell 5.3% to settle at $79.36 a barrel on Tuesday, while US benchmark West Texas Intermediate (WTI) crude declined 5.7% to close at $75.77 a barrel.

One Hundred Years of Solitude Part Twobegins streaming on Netflix at 12:30 p.m. IST on Wednesday.

Power Grid Corporation of India, Cummins India, GE Vernova T&D India, Aurobindo Pharma, PB Fintech, Biocon, Berger Paints India, Aster DM Quality Care are among the companies scheduled to announce quarterly earnings on Wednesday, August 5.

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

Nabard rejected its ₹8,000-crore bond offering as investors sought higher yields. This withdrawal highlights investor caution in the primary bond market. Geopolitical uncertainties and monetary policy outlook are influencing investor demands. Corporate bond issuances have significantly decreased compared to the previous year. Institutions are selectively deploying funds while awaiting market clarity.

Market participants faced confusion with the new closing auction system on Tuesday. This system change affected the determination of official stock closing prices. The expiry of Nifty weekly futures and options contracts added to market complexity. Traders reported unexpected derivative price movements and position losses. The Sensex and Nifty experienced divergence for a second consecutive day.