Finance
More Finance News
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.
Finance
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.
Finance
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.
Finance
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.
Finance
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.
Finance
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.
Finance
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.
Finance
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.
Finance
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
Finance
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.
Finance
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.
Finance
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.
Finance
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.
Finance
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.
Finance
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.
Finance
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.
Finance
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
Finance
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.
Finance
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
