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RBI Special Forex Swap Facility Draws Over ₹3.89 Lakh Crore by July-End; FCNR(B) Deposits Lead Inflows
The Reserve Bank of India’s special foreign exchange swap facility attracted more than ₹3.89 lakh crore by the end of July, with FCNR(B) deposits accounting for the dominant share of inflows. The scale of participation highlights the importance of foreign-currency deposit channels in bringing overseas funds into India’s financial system.
Finance
Swiggy narrows Q1 FY27 loss to Rs 791 crore as revenue jumps 37%
Swiggy reported a 34% reduction in quarterly loss to Rs 791 crore, while revenue rose 37% to Rs 6,812 crore, driven by strong growth in its B2B and Instamart quick‑commerce units.
Finance
Swiggy’s Food Delivery Profit Slips as LPG Disruption Hits Margins
Swiggy’s first‑quarter 2027 food delivery segment saw a 2.3% QoQ profit decline amid LPG supply disruptions, monsoon softness and wage hikes, while revenue rose 22.7% YoY to ₹2,208 Cr.
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GAIL reports 96% jump in Q1 profit, revenue up 17%
State‑owned gas utility GAIL posted a consolidated net profit of ₹4,671 crore for the quarter ended June, a 96% rise from the previous year, while revenue grew 17% YoY.
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TVS Motor Leads EV Two‑Wheeler Market as July Registrations Dip 1.7%
July electric‑two‑wheeler registrations fell 1.7% to 1.91 lakh units, yet TVS Motor grew 10% and maintained its market lead, underscoring the resilience of India’s EV ecosystem.
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Amul’s 0.2% profit margin underpins its 1 lakh crore brand
Amul’s cooperative structure keeps profit thin but grants it a AAA rating and a dominant market share, showing how a farmer‑owned model can sustain a giant FMCG brand.
Finance
Vedanta Reports 72% YoY Profit Increase, Announces New CEO and Real Estate Demerger
Vedanta's Q1 results show significant profit growth, with a new CEO and plans to demerge its real estate business
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Indian Railways Introduces Online Excess Luggage Booking
Indian Railways launches online facility for booking extra baggage, reducing queues at railway stations
Finance
Indo-MIM Delivers Stellar Market Debut With 44% Listing Premium as Lohia Opens 8% Higher Amid Flat Sensex, Nifty Trade
Indian benchmark indices traded in a narrow range as investors assessed fresh market listings alongside broader market cues. While the Sensex and Nifty remained largely subdued, newly listed Indo-MIM made a remarkable stock market debut with a 44% premium over its issue price, while Lohia also rewarded investors by listing at an 8% premium.
Finance
Rupee Opens Stronger at 95.59 Against US Dollar as Federal Reserve Policy Uncertainty Weighs on Market Sentiment
The Indian rupee began Thursday's trading session 6 paise stronger at 95.59 against the US dollar, supported by early buying interest. However, investors remained cautious as divisions within the US Federal Reserve over future interest rate decisions continued to create uncertainty in global financial markets.
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Finance Ministry Urges Faster Policy Action to Navigate Evolving Global Economic Challenges
The Finance Ministry has called for quicker and more responsive policymaking to address rapidly changing global economic conditions. The appeal underscores the need for agility in fiscal and economic strategies as international uncertainties continue to influence growth, trade, and investment.
Finance
Rupee Extends Winning Streak for Third Straight Session as Softer Crude Prices Support Sentiment, Stronger Dollar Limits Upside
The Indian rupee strengthened for a third consecutive trading session, aided by easing crude oil prices that reduced pressure on the country's import bill. However, gains remained limited as a firmer US dollar in global markets tempered investor optimism, highlighting the competing forces shaping India's currency movement.
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Banks Collected ₹7,086 Crore in Minimum Balance Penalties During FY26, Government Reveals
Banks across India collected ₹7,086 crore in penalties for customers failing to maintain the prescribed minimum account balance during the financial year 2025–26, according to information shared by the government. The disclosure has renewed discussions on banking charges, financial inclusion, and the balance between operational costs and consumer-friendly banking practices.
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Only 6% of Stock-Recommending Finfluencers Are SEBI Registered, Report Highlights Major Investor Protection Gap
A new report has revealed that while nearly one-third of financial influencers recommend stocks online, only a small fraction are registered with the Securities and Exchange Board of India (SEBI). The findings raise fresh concerns about investor protection, financial literacy, and the growing influence of unregulated investment advice on social media.
Finance
Government Clears RBI’s Trial of ₹10 and ₹20 Polymer Notes, Confirms Paper Currency Will Continue
The Central Government has approved the Reserve Bank of India’s proposal to conduct pilot trials of ₹10 and ₹20 polymer banknotes. Authorities have clarified that the initiative is only an experimental project and that there are currently no plans to replace existing paper currency across the country.
Finance
Jio Financial Services Q1 Profit Soars 156% as Revenue Surges, Strategic Partnerships Fuel Expansion
Jio Financial Services reported a sharp rise in its first-quarter earnings, with net profit increasing 156% year-on-year and revenue nearly tripling. The strong performance comes as the company expands its financial services portfolio and advances key partnerships with global financial firms BlackRock and Allianz.
Finance
India’s Crorepati Population Is Expanding Rapidly, but Wealth Management Talent Faces a Growing Challenge
India is witnessing a sharp rise in the number of crorepatis as economic growth, entrepreneurship, equity markets, and startup wealth create new millionaires. However, the rapid expansion of affluent households is exposing a major challenge for the financial industry: a shortage of experienced wealth managers capable of serving increasingly sophisticated investors.
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Semicon 2.0’s ₹1.27 Lakh Crore Investment Plan Could Transform India’s EMS Sector, Boosting Companies Like Dixon and Syrma
India’s ambitious ₹1.27 lakh crore Semicon 2.0 initiative is expected to strengthen the country’s semiconductor manufacturing ecosystem while creating new growth opportunities for the electronics manufacturing services (EMS) industry. Industry participants such as Dixon Technologies and Syrma SGS Technology could benefit as domestic chip production and electronics manufacturing gain momentum.
Finance
Finance Ministry Flags Delayed NPS Contributions; Why Timely Pension Deposits Matter for Employees
The Ministry of Finance has directed all Central government departments to ensure that National Pension System (NPS) contributions are deposited within the prescribed timelines after noticing delays in several cases. The government has warned that delayed remittances can affect employees' retirement savings, require interest payments, and may result in accountability for officials responsible for administrative lapses.
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Indian Single Malt Whisky Sales Rise 22% to 5 Lakh Cases as Homegrown Brands Dominate Premium Market
India's single malt whisky industry continued its rapid expansion in 2025, with sales climbing around 22% to nearly 5 lakh nine-litre cases. Domestic manufacturers accounted for an estimated 92% of the Made-in-India single malt segment, highlighting the growing popularity of premium Indian whisky brands among consumers.
Finance
Shriram Finance Reports 60% Surge in Q1FY27 Profit as Asset Quality Holds Firm and NIM Remains Above 9%
Shriram Finance delivered a strong start to FY27, reporting a 60% year-on-year increase in first-quarter profit while maintaining stable asset quality. The company also posted a healthy net interest margin (NIM) of 9.04%, reflecting continued strength in lending operations despite a dynamic interest rate environment.
Finance
Rising U.S.–China Rivalry Raises New Questions Over Global AI Safety Cooperation
As artificial intelligence advances at an unprecedented pace, growing geopolitical tensions between the United States and China are creating new challenges for international AI safety efforts. While both countries continue investing heavily in AI innovation, strategic competition is making global cooperation on governance, security, and risk management increasingly difficult.
Finance
India–U.K. Trade Deal Advances, But Key Issues Remain Unresolved
The India–United Kingdom trade agreement marks an important milestone in bilateral economic relations, but several critical issues remain unresolved before the partnership can achieve its full potential. While the deal is expected to strengthen trade, investment, and business cooperation, negotiations continue on sensitive sectors, regulatory standards, and implementation mechanisms.
Finance
Sensex, Nifty Extend Losing Streak to Fifth Day Amid U.S. Tariff Concerns and West Asia Tensions
Indian benchmark indices Sensex and Nifty continued their downward trend for the fifth consecutive trading session as investors remained cautious over concerns surrounding U.S. trade tariffs and escalating geopolitical tensions in West Asia. The combination of global uncertainty and risk-off sentiment weighed on market confidence, leading to broad-based selling across sectors.
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Adani Group Rejects Airline Entry Speculation, Says Reports Are Baseless and Factually Incorrect
The Adani Group has firmly denied reports suggesting it is planning to enter the airline business, calling the claims "baseless and factually incorrect." The clarification comes after speculation about the conglomerate's possible expansion into aviation. The company reiterated that such reports do not reflect its business plans, seeking to put an end to market rumors and prevent unnecessary speculation.
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