Foreign portfolio investors showed a strong preference for financials and capital goods stocks in the first half of May, with inflows of Rs 4,728 crore and Rs 2,233 crore respectively. The Nifty and Sensex also saw gains of nearly 2%. However, the FMCG sector saw an outflow of Rs 1,057 crore. Experts suggest that the market is bouncing back, and investors should be selective in their choices.
Actor Kim Soo Hyun has reportedly submitted around 150 “love letters” in an effort to prove his innocence in the late Kim Sae Ron case, emphasising that they were not dating during his military service.
Man Industries' share price plummeted by 13% following a penalty of Rs 25 lakh and a two-year trading bar imposed by SEBI. The company assures that this will not impact its financial standing and investors can continue trading its shares. The SEBI order pertains to previous issues and the company remains optimistic with a robust order book, increased margins, and adherence to regulations.
Urban Company, a home services platform, is facing a show-cause notice from the Directorate General of GST Intelligence for not paying Rs 51.3 crore in taxes. The notice includes a penalty and interest for tax evasion. The company has been paying 5% GST under Section 9(5) of the CGST Act 2017, but the authorities claim that this should also include appliance repair, and painting services.
RBI has allowed banks to provide working capital loans to manufacturers using gold as raw material, extending the provision currently available only to jewellers. This move will benefit borrowers and provide greater flexibility to lenders. The central bank has also revised the eligible limit for perpetual debt instruments, allowing banks to raise more Tier 1 capital from overseas markets.
Paramjeet Kaur, a 19-year-old singer and rapper from a small village in Punjab, has become a sensation in the music industry with her hit hip-hop track 'That Girl'. Produced by Manni Sandhu, the song has gained over 3.5 million views on YouTube in a matter of days. Fans have compared her to the late Sidhu Moosewala, dubbing her the 'female Moosewala'.
India and the European bloc EFTA have signed a free trade agreement, effective Wednesday, with a commitment of USD 100 billion in investments over 15 years. The deal includes lower or zero duties on Swiss watches, chocolates, and diamonds, and the creation of one million jobs. It also allows for Indian exporters to enter the EU market
Indian man extradited from India to US for a 20-year-old car crash that killed husband and father of two. Ganesh Shenoy, 54, allegedly fled to India after the accident and evaded law enforcement for decades. He is charged with second-degree manslaughter and faces up to 15 years in prison if convicted. Shenoy's passport was seized and he pleaded not guilty.
In India, informal clubs are being formed to provide emotional support and business insights to founders. The newest chapter in Bengaluru, called BFC, was founded by Devarsh Saraf with the goal of creating a close-knit community for entrepreneurs to learn from each other and combat feelings of isolation. This trend reflects a shift in how founders seek support beyond just financial capital.
Flexi cap mutual funds have gained popularity among investors, with net inflows of Rs 468 billion in 2024 and 2025, and Assets Under Management of Rs 5 trillion. These funds have the potential to generate alpha and have outperformed their benchmark index. Top-performing flexi cap funds include Parag Parikh Flexi Cap Fund and HDFC Flexi Cap Fund.
ADB revises growth outlook for developing Asia and the Pacific, projecting 6.5% growth for India in 2025 and 2026. Despite strong public spending and rural demand, lower exports and consumption have impacted GDP growth. Manufacturing and construction sectors improve, services PMI remains strong. Inflation to ease this year and increase modestly next year, with global trade uncertainty.
Solarworld Energy Solutions had a successful stock market debut, with a premium of 11% over the IPO price. The stock was listed on NSE and BSE, opening at Rs 389 and Rs 388.50 respectively. The IPO had a high demand of 68.49 times and raised funds for a 1.2 GW solar PV manufacturing facility and general corporate purposes.
Tamil Nadu YouTuber Felix Gerald was arrested for allegedly making defamatory and misleading remarks about the stampede at TVK leader Vijay's rally, where 41 people lost their lives. The police warned against spreading misinformation and urged cooperation with the investigation. The state government has appointed a commission of inquiry and promised stricter guidelines for crowd management.
Jaro Institute's IPO was listed at Rs 890 per share, but is now down 7%. The issue was subscribed 23.20x, with strong support from investors. The GMP trend has fallen to 5% from 10-15%, but analysts believe the stock is fairly priced and has strong growth potential. Jaro's track record and diverse course offerings make it a promising investment.
BJP leaders mourn the loss of Vijay Kumar Malhotra, a 93-year-old veteran who was a five-time MP and two-time MLA from Delhi. He was a prominent figure in the party, serving as President of the Delhi Pradesh Jana Sangh and BJP Delhi Pradesh twice. His passing is a great loss to the BJP family and his contributions to the party in Delhi will always be remembered.
Anand Rathi Share and Stock Brokers had a successful debut on the NSE, opening at a 4% premium. The IPO was oversubscribed by 21.83 times and the stock was trading at a premium in the grey market. The company saw a 34% increase in net profit in FY25 and offers full-service brokerage.
Amit Shah to inaugurate projects worth Rs 1800 crore by Delhi Jal Board, including sewage treatment plants and booster pumping stations. These initiatives will greatly benefit lakhs of Delhi residents and improve the city. BJP's Seva Pakhwada, running for two weeks, to end on October 2.
The Indian High Commission in London has strongly denounced the recent vandalism of Mahatma Gandhi's statue near a university campus. The incident, which coincided with Gandhi's birth anniversary and the International Day of Non-Violence, has been deemed as a "violent attack on nonviolence." The Indian team is taking action to restore the statue and has raised the issue with local authorities.
The U.S. government's campaign against Harvard University has escalated as the Department of Health and Human Services has referred the school to the office responsible for suspension and debarment proceedings. This comes after the Office for Civil Rights cited allegations of discrimination against Jewish and Israeli students, giving Harvard 20 days to seek a hearing.
Indian equity indices opened higher on Tuesday, with the NSE Nifty 50 and BSE Sensex both up by 0.26% and 0.35% respectively. The Bank Nifty also opened higher by 0.51%, while small and midcap stocks also saw gains. However, the market structure remains weak due to sustained FII selling and a lack of positive triggers. Early gainers included Adani Ports, Sun Pharma, and NTPC.
President Donald Trump shared a racist, AI-generated video targeting House Minority Leader Hakeem Jeffries and Senate Minority Leader Chuck Schumer on Monday. The video showed Jeffries with a sombrero and fake moustache, while Schumer spoke in a fake voice, spreading claims about Democrats and minority voters.
A 33-year-old software engineer in Gurugram allegedly strangled his wife during a fight and then committed suicide, sending a video confession to friends before taking his own life. The couple's bodies were found by police after being alerted by a friend. Police are investigating deleted messages and call logs to determine the events leading up to the tragedy.
Advance Agrolife is launching its IPO on September 30, with a book build issue worth Rs 192.86 crore. The price range is Rs 95 to Rs 100 per equity share, and the IPO ends on October 3, with a predicted listing date of October 8. The grey market is trading at Rs 115, and retail applicants can bid for 150 shares. The company produces agrochemicals for key Indian crops.
The US Department of Labor (DOL) has launched Project Firewall, an enforcement initiative targeting misuse of the H-1B visa program. The move is being projected as a way to safeguard American jobs, wages, and opportunities, but it also brings new challenges for immigrants and employers who rely on the program.
Congress MP Shashi Tharoor and Leader of Opposition VD Satheesan are worried about Air India Express cancelling many flights from Kerala airports in the winter schedule. Tharoor has asked the airline's CEO and MD to prioritise Kerala, while Satheesan has written to the Civil Aviation Minister expressing concern on behalf of the people.
US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu have put forward a "20-point" plan to achieve peace in Gaza, which includes releasing hostages, demilitarizing the region, and creating a peaceful civilian administration. The plan has received support from eight Muslim-majority nations and the Palestinian Authority, while the militant group Islamic Jihad opposes it.
Nicole Kidman and Keith Urban were once Hollywood’s power couple, sharing a bond that fans admired for years. But after 19 years of marriage and two daughters, the pair have now separated.
Google's YouTube has settled a lawsuit with former President Donald Trump for $24.5 million after his account was suspended following the Jan. 6 attacks on the Capitol. $22 million will go towards the Trust for the National Mall and a White House ballroom, with the remaining $2.5 million paid to other parties involved. This is the third major technology company to settle with Trump.
Hyderabad-based startup Equal, founded by Keshav Reddy and Rajeev Ranjan, has launched an AI-powered call assistant to combat spam and provide real-time call transcripts. The service, which will debut on October 2 for 10,000 Android users in Delhi NCR, boasts a 94% spam detection rate and 87% reduction in call interruptions. Equal is backed by investors like Prosus and Blume Ventures.
Trump and Netanyahu have proposed a 20-point plan to end the Gaza war and free hostages, but it relies on conditions Hamas has rejected. Trump believes Hamas is weakened and will accept. Qatar and Egypt are reviewing, while the Palestinian government and some Arab leaders support it. However, tension remains, and some points are not mentioned.
Vodafone Idea has filed an amended petition to the Supreme Court, seeking to scrap the penalty, interest, and interest on penalty that make up its adjusted gross revenue (AGR) dues. The company argues that the additional charges are unjustified due to the uncertainty over the correct liability. The case has been deferred to October 6.
Tata Capital's upcoming IPO has a price band of Rs 310-326 per share, much lower than its current unlisted market price of Rs 735-765. It is also 5-10% lower than the rights issue price of Rs 343 per share. The IPO is expected to raise Rs 15,512 crore and market analysts are optimistic about its success.
Trump's 100% tariff on foreign films may harm Indian cinema's overseas business as the US is a key market for big-budget movies. This could also impact distribution deals and release strategies. The announcement on Truth Social lacks details and the legal justification for the tariffs is uncertain, according to experts.
Zoho's messaging app, Arattai, has experienced a massive increase in daily sign-ups, going from 3,000 to 350,000 in only three days. This growth is attributed to government support, social media attention, and its reputation as a secure and privacy-focused alternative to popular apps like WhatsApp.
Tata Motors, a long-standing company, is dividing into two parts to concentrate on its PV and CV businesses. Its PV market share has decreased due to competition from Maruti Suzuki and Hyundai. The split will grant each business more independence and enable quicker development. The CV division, which has faced a decline in market share, can now grow in more stable segments.
Tata Communications has been awarded a contract to provide digital infrastructure for GSTAT, a new body established by the finance ministry to handle GST-related disputes. The project will cover the principal bench in New Delhi and 31 state benches, with the goal of automating operations, utilizing predictive analytics and chatbots, and ensuring secure data transfer.
Tata Capital is set to launch India's fourth-largest IPO of Rs 15,512 crore on October 6, with a price range of Rs 310-Rs 326 per share. The anchor investor offer period begins on October 3, with the issue consisting of a fresh issue of Rs 6,846 crore and an offer for sale of Rs 866.5 crore by Tata Sons and IFC.
Traditional multi-brand mobile retailers in tier-1 cities are facing tough competition from e-commerce players during the festive season. To boost sales, retailers like Poorvika, BigC, and Sangeetha Mobiles have shifted their focus to smaller towns. They are now delivering smartphones in 15-20 minutes across 700+ PIN codes, surpassing e-commerce and quick-commerce players.
Lee Chae Min's unexpected arrival in Bon Appetit, Your Majesty brought positive changes to the show. He not only resolved a controversy but also became the show's star, captivating viewers with his skills and dedication. The final episode achieved record-breaking ratings and Chae Min topped brand rankings, solidifying his success.
Happy Ashtami! May Maa Durga’s trident protect you from all evil, her blessings guide you in all your endeavors, and her love fill your heart with joy. Happy Ashtami! Let the goddess’s blessings be your armor, her love be your strength, and her grace be your guide. Happy Durga Ashtami! This Ashtami, let’s remember the goddess who reminds us that we are born to fight, win, and shine. Jai Maa
Rapper Badshah becomes the first Indian-born musician to own a Rolls-Royce Cullinan Series II worth $2 million. The extravagant vehicle boasts a powerful engine, luxurious interior, and advanced technology, making it a prized possession for any car lover. Badshah's collection also includes a Lamborghini and Porsche, adding to his impressive fleet of premium cars.
Major beverage bottlers in India, such as PepsiCo and Coca-Cola, are anticipating a slow September quarter due to prolonged monsoon rains. This may impact sales during the festive season. However, they are optimistic about a stronger December quarter with GST cuts and promotional offers. The emergence of new competitors like Reliance Consumer will also be closely watched.
India's new CAFE norms aim to decrease fuel consumption and carbon emissions from passenger vehicles. The latest version offers exemptions for smaller petrol cars and prioritizes cleaner powertrains like EVs and hybrids. A new emissions pooling concept encourages collaboration between traditional and EV-focused automakers.
The MCA is creating an EWS to detect insolvency risk in companies, accessible to creditors and regulators. It will identify discrepancies in filings, tax returns, diversion of funds, debt servicing, and cash flow. NeSL's registry for debt defaults has limitations, while MCA monitors compliance. Integration of systems and databases is needed for effective detection.
Rahul Jain, MD & senior partner at BCG, emphasizes the need for cost competitiveness, ease of doing business, and SME sector development to boost India's manufacturing share in GDP. He stresses on localized value chains and education reforms, citing the demographic dividend and critical asset ownership as key drivers for progress.
Kotak Life Insurance is marking its 25th anniversary by utilizing AI and a phygital strategy for future growth. Managing director Mahesh Balasubramanian discusses the company's plans and the impact of GST rate cuts, which have made term insurance 18% more affordable. The upcoming Bima Sugam will also help address the issue of uninsured and underinsured individuals.
India is actively engaged in trade negotiations with multiple countries, including the US, European Union, New Zealand, Oman, Peru, Chile, Qatar, Bahrain, Eurasian Economic Union, and European Free Trade Association. The country is aiming for a trade agreement with the US by November and hopes to increase bilateral trade to $500 billion by 2030.
InterGlobe Aviation and Max Healthcare's addition to Nifty 50 is predicted to raise their stock prices, with a projected increase in investments. However, IndusInd Bank and Hero MotoCorp will be removed. Previous inclusions have yielded positive returns and more institutional involvement. Hero MotoCorp and IndusInd Bank are expected to see the highest outflows.
WeWork India plans to increase revenue and capacity by 20-25% through expansion in top cities and introducing new products. The IPO on Friday will see a 30% dilution of promoters' stake and a focus on inorganic growth. The company has experienced a rise in demand due to the hybrid work model, catering to smaller and larger businesses.
TruAlt Bioenergy Ltd's IPO was subscribed 71.92 times on the last day of the offering, with bids for 88,85,47,230 shares against 1,23,55,424 shares on offer. The QIBs portion received 159.22 times subscription, while the retail investors' quota received 11 times subscription. The company raised Rs 252 crore from anchor investors and plans to use the funds for expansion and debt repayment.
Walking is a beneficial exercise for the heart, promoting better blood flow and reducing stress. Research suggests that taking 7,000 steps daily can decrease the risk of heart disease and mortality, but the ideal step count may differ based on one's health. Consistent moderate exercise is crucial for maintaining good cardiovascular health.