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RBI Cuts Overnight VRRR Rate to 5.24% Amid Economic Slowdown
The Reserve Bank of India has reduced the overnight variable rate reverse repo rate to 5.24% in an effort to stimulate economic growth. The move comes as the country faces a slowing economy.
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Gold Rate Today, August 11, 2026: Check 24K, 22K and 18K Prices in Delhi, Mumbai, Chennai, Kolkata, Lucknow and Other Cities
Gold prices remained in focus across India on Tuesday, August 11, 2026, as buyers and investors tracked movements in domestic bullion markets amid changing global economic conditions. Rates for 24K, 22K and 18K gold varied slightly across major cities including Delhi, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad and Lucknow.
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US Court Dismisses Criminal Fraud and Bribery Case Against Gautam Adani, Bringing High-Profile Prosecution to an End
Indian billionaire Gautam Adani has secured major legal relief in the United States after a federal judge dismissed criminal charges connected to an alleged bribery and investor-fraud scheme. The ruling formally ends a closely watched prosecution that had created legal and reputational uncertainty around the Adani Group and attracted attention in both India and the United States.
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Sensex Falls 400 Points, Nifty Near 24,450 as Rising Oil Prices Weigh on Indian Markets
Indian equity markets came under selling pressure on Tuesday, with the BSE Sensex falling around 400 points and the NSE Nifty moving close to the 24,450 level. Rising global crude oil prices emerged as a major concern for investors, adding to uncertainty over inflation, the rupee and the outlook for corporate costs.
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Gold Holds Steady After Reaching 7-Week High as Markets Turn Focus to US Inflation Data
Gold prices remained broadly steady after climbing to their highest level in seven weeks, with investors shifting their attention toward upcoming US inflation data. The inflation reading is expected to play an important role in shaping expectations around monetary policy, interest rates and the next major direction for precious metals.
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Ola Electric Auditors Flag ₹57 Crore Penalty Provision Reversal as Q1 Loss Narrows
Ola Electric Mobility’s statutory auditors have raised concerns over the company’s decision to reverse a ₹57 crore penalty provision linked to its battery manufacturing commitments, as the electric two-wheeler maker reported a narrower consolidated loss for the June 2026 quarter. The accounting treatment has drawn attention because a formal waiver from the government was reportedly still awaited, adding another factor for investors to assess alongside falling year-on-year revenue and signs of se
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GIFT Nifty Signals Steady Start for Sensex, Nifty; Asian Markets Rise After Wall Street Rally, Oil Gains
Indian equity benchmarks Sensex and Nifty 50 are expected to begin Monday’s session on a steady to mildly positive note, supported by gains across Asian markets and a strong Wall Street performance. However, rising crude oil prices and continuing uncertainty surrounding the Strait of Hormuz could limit investor optimism.
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India’s Data Centre Boom Could Create 4.33 Lakh Jobs, Drive 195 Million Sq Ft Housing Demand by 2030
India’s rapidly expanding data centre industry could have a significant spillover effect on employment and residential real estate. An analysis by Square Yards estimates that the country’s proposed data centre pipeline of around 9,030 MW could support nearly 4.33 lakh ecosystem jobs and generate approximately 195 million square feet of housing demand by 2030.
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FPIs Extend Buying Streak, Invest ₹12,921 Crore in Indian Equities in First Week of August
Foreign Portfolio Investors (FPIs) continued their return to Indian equities in the first week of August 2026, making net investments of ₹12,921 crore. The inflows extend the turnaround seen in July after four consecutive months of substantial foreign selling and come amid improving macroeconomic conditions, expectations of US interest-rate cuts, softer crude oil prices and stability in the rupee.
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Aegeus Technologies IPO Allotment Finalized
Aegeus Technologies IPO allotment finalized, strong response from investors
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LIC OFS and Q1 Earnings
LIC announces successful OFS and strong Q1 results, but faces valuation hurdles
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Grey‑Market Premiums Signal Strong Returns for Five Indian IPOs Launching August
Grey‑market trading shows premiums of up to 28% for five mainboard IPOs—Dhoot Transmission, Molbio Diagnostics, Milky Mist, Shiprocket and Behari Lal Engineering—set to debut in early August, hinting strong investor appetite.
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Gold Edges Higher, Silver Jumps 1.5% Ahead of Key US Jobs Data
Gold prices moved modestly higher while silver recorded a stronger 1.5% jump as investors positioned themselves ahead of key US employment data. The upcoming jobs figures are being closely watched because they could influence expectations around interest rates, the US dollar and the near-term direction of precious metals.
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Sensex Drops Over 200 Points, Nifty Tests 23,600 as Strait of Hormuz Tensions Rattle Oil Markets
Indian equity markets came under pressure as the Sensex fell more than 200 points and the Nifty tested the 23,600 level, with tensions surrounding the Strait of Hormuz adding uncertainty to oil markets. The development put geopolitical risk and its potential impact on energy prices back in focus for investors.
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India’s Central Bank Includes Tata Sons in Upper-Layer NBFC List
India’s central bank has included Tata Sons in the upper-layer category of non-banking financial companies (NBFCs), placing the Tata Group holding company within a regulatory segment designed for NBFCs considered significant under the country’s scale-based framework.
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RBI records sharp liquidity absorption as money market rates hover near 5% on Aug 3
The Reserve Bank of India withdrew roughly ₹2.44 trillion in net liquidity on August 3, with overnight repo activity reaching ₹4.62 trillion and weighted average rates staying close to 5 percent.
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Reserve Bank of India names Monisha Chakraborty as Executive Director overseeing FX and market regulation
The RBI has appointed veteran banker Monika Chakraborty as Executive Director, taking charge of the Foreign Exchange and Financial Markets Regulation departments from August 3, 2026.
Finance
Ather Energy shares surge 18% to record high as brokerages turn bullish on Q1 earnings
Ather Energy's stock jumped 18% to a record ₹1,500 after a strong Q1 FY27 report, prompting brokerages to upgrade ratings and raise target prices amid rising demand and new factory capacity.
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Unified Pension Scheme Draws Over 1.18 Lakh Central Government Employees; Centre Rules Out Changes
More than 1.18 lakh Central government employees have opted for the Unified Pension Scheme (UPS), marking a significant level of participation in the pension framework. At the same time, the Centre has indicated that no changes to the scheme are currently under consideration, signalling its intention to continue with the existing structure.
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India Launches Biggest LIC Stake Sale Since IPO, Targets Up to $3.3 Billion
The Indian government has launched its largest stake sale in Life Insurance Corporation of India (LIC) since the insurer’s landmark 2022 stock-market debut. The transaction could raise as much as $3.3 billion, while increasing public ownership in the state-controlled insurance giant.
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Rupee Gains 3 Paise to 95.34 Against US Dollar in Early Trade
The Indian rupee opened on a firmer note against the US dollar, gaining 3 paise to trade at 95.34 in early dealings. The modest appreciation reflects an early improvement in the domestic currency, while traders continue to assess broader global currency movements and financial-market conditions
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Oil-Sensitive Stocks Rally as Crude Tumbles 6%; IndiGo, BPCL, IOCL, IGL and Adani Total Gas Lead Gains
Oil-sensitive stocks moved sharply higher after crude oil prices fell around 6%, improving sentiment toward companies whose costs or margins are closely linked to energy prices. IndiGo, BPCL, IOCL, IGL and Adani Total Gas were among the prominent gainers as investors assessed the potential benefits of cheaper crude.
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Stock Market Close: Sensex Ends 544 Points Higher, Nifty Gains 391 Points After New Closing Auction Session
Indian equities finished the trading session firmly higher, with the Sensex gaining 544 points and the Nifty advancing 391 points. The gains came as the market experienced a new closing auction session, putting the spotlight on both the strong finish and the evolving mechanism used to determine closing prices.
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India’s Manufacturing Activity Slips to Near Five-Year Low in July but Still Signals Solid Growth
India’s manufacturing activity slowed in July to a level close to a five-year low, but the sector continued to signal solid growth. The contrasting picture suggests that while the pace of expansion has weakened, manufacturing activity remains resilient, keeping attention on whether the slowdown is temporary or develops into a broader trend.
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Market Cap of 9 Most Valued Firms Jumps ₹2.51 Trillion; Bajaj Finance Emerges Biggest Winner
Nine of the most valued companies recorded a combined increase of ₹2.51 trillion in market capitalisation, with Bajaj Finance emerging as the biggest winner. The rise highlights an improvement in investor valuation across several of the country's largest listed businesses.
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